The former president is not in immediate danger of jail, but his problems are piling up fast. Not least the fact that, in his family, loyalty means nothing

Nothing in life is certain except death and rich people jumping through complicated hoops to avoid paying taxes. In case you needed any more convincing about the tax side of that, please see the latest travails of the Trumps.

On Thursday, the Trump Organization and its chief financial officer, Allen Weisselberg, were charged with a “sweeping and audacious illegal payment scheme” of tax-related crimes. While that may sound juicy, it is duller (but no less devious) when you dig into the 15-count indictment. There is no smoking gun, just mounds of details about company perks, such as payment of school fees and rents that weren’t reported properly. Lots of grubby ruses that add up to massive, and possibly illegal, tax savings.

Continue reading…

You May Also Like

Amid the climate crisis, Covid and crumbling democracies, I find hope in people who show the best of humanity | Trent Zimmerman

It’s the potential of individuals to change the world which is at…

‘Miracle of Doha’: calls for public holiday as Japan’s Samurai Blue put Germany to sword

Victory in World Cup opener sparks street celebrations and banishes painful memories…

‘The music stopped’: Kobe Bryant remembered on anniversary of death

The basketball world remains in a state mourning over Bryant, his daughter…

Worker at H&M supply factory was killed after months of harassment, claims family

Fashion brand to investigate the death of 20-year-old Jeyasre Kathiravel, reportedly killed…