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MSNBC Deadline White House June 4, 2024 04:04:00

Deductions, big credit, taking advantage of every loophole, and because of the storage of trump s internal revenue service did we don t know if how many of these were legal loopholes for the rich and how many of them were unjust in the illegal, because the irs didn t do the job of auditing. i think americans should be greatly outraged. as the public continues to sift through these never before seen tax returns, it s hard to forget this other message that michael cohen is shared with us. here s what he said back on the show just a few months ago about his former boss. let s stop the nonsense. let s go after the low lying flow hanging fruit. that the capone method. jury about, murder extortion, as they did with capone, let s get him on tax evasion. let s get this mussolini menace ....

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CNN Erin Burnett OutFront June 4, 2024 00:22:00

Included in these returns happen to be true. it s one thing for the math to add up, to use the law and put numbers on a piece of paper. but the purpose of an audit is to make sure that there s a factual basis for what s being asserted in the return. when the committee began its work on this, it was all around the question as to whether or not the irs was properly enforcing the tax code on mr. trump. that included auditing him. were they? that s the problem. the biggest, most significant finding i guess a bit of a surprise was that they were not at all. donald trump said he was under audit. he was not. the irs had a policy since 1977 of auditing the tax returns of of the president of the united states. only in the trump administration did that not happen. obama s taxes were audited every ....

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MSNBC The 11th Hour With Stephanie Ruhle June 4, 2024 01:25:00

At the same time, it is hard to know what to make of the iris saying, well, you know what, we have not really audited finished auditing as far back as 2015? terminal is saying, well, they did not guarding at all until i ask for the records and the iris of sponsors, hang on a second, actually started in january of 2018 not april of 2019. and that is still, for 2015 which is not finished yet. so once they start going through these records, it s hard to know what they might find, with the implications of that information might be. david makes a good point about them and handed in the trump org. for me, it s baffling. how is it possible that trump s company was found guilty of criminal tax fraud about donald trump, the man who ran the company, his whose name was on the committee, who signed off all the checks, did not face any charges? and could these new tax returns going public well, it s not new as david pointed out but being public, could that lead to any more legal liability ....

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MSNBC Alex Witt Reports June 4, 2024 18:23:00

What s more great just though is that the irs audits five times more single mothers with children that received an earned income tax credit, and failed to do their job of auditing the former president. but to me speaks to the issue over the lack of tax fairness and equity and is one of the issues that we will continue to adjust going forward and why it was so important that the ways and means committee, under the leadership of term and media disinformation so that we have the evidence to support the policy changes that will need to go forward. give me a sense, beyond policy changes that you want to do in congress. what is it that you hope americans learn from these tax returns of donald trump. what you want blue takeaway to be? to be clear, alex, it was never about one person. it was definitely not about partisanship. ....

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BBCNEWS BBC News June 4, 2024 20:07:00

Upon the us congress. earlier i spoke with adam davidson, a writer at the new yorker. i began by asking him why the documents have been released. from the standpoint of thejoint committee on taxation and the house of ways and means committee, the people in our congress who released it. the point they say they are making is that the us has a multi decade long part of the sea of auditing presidents finances and taxes and that was not done in this case. i do not know that they needed to release his tax return to make that point quite so forcefully, obviously there is a political dimension to this. i will say there is a lot of information in here. people like me, in the various law enforcement agencies looking after him, creditors who are may be thinking of suing him or are, this ....

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