75-Year-Old Former Trump CFO Sent to Rikers Island for Not Paying Taxes on Company Car

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Two-Tiered Justice System: 75-Year-Old Former Trump CFO Sent to Rikers Island for Not Paying Taxes on Company Car and Staying at Company Apt.​


President Trump’s 75-year-old CFO Allen Weisselberg was sentenced to months in prison in Rikers Island for not paying taxes on a company car and the use of a company apartment.

As President says, “He didn’t pay taxes on the use of a company car – does anyone?”

This is the latest example of a corrupt justice system that is out to ruin the lives of their political opposition.

www.thegatewaypundit.com

Two-Tiered Justice System: 75-Year-Old Former Trump CFO Sent to Rikers Island for Not Paying Taxes on Company Car and Staying at Company Apt. | The Gateway Pundit | by Jim Hoft

It’s well known that a politicized justice system is a sign of the rot and decay of a society.
www.thegatewaypundit.com www.thegatewaypundit.com
 
Jmac00

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GOPerfect said:
I do not know all of the story, but, if he evaded taxes, he should be held accountable for that.
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it was a company car? ya, NO ONE pays a tax on a car the company owns. The company pays the tax, and the registration/inspection fees. as CFO, he's only responsible for making sure the company pays all taxes.
 
GOPerfect

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Jmac00 said:
it was a company car? ya, NO ONE pays a tax on a car the company owns. The company pays the tax, and the registration/inspection fees. as CFO, he's only responsible for making sure the company pays all taxes.
Click to expand...

Like I said, I do not know the details of all of this. I do not know the tax laws either.

I did look it up though...


The personal use of a company-owned automobile is considered part of an employee's fully taxable wage income and proper documentation is vital. If you cannot determine business versus personal use, the value of the vehicle would be 100% taxable to the employee for both types of usage.
 
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Jmac00 said:
it was a company car? ya, NO ONE pays a tax on a car the company owns. The company pays the tax, and the registration/inspection fees. as CFO, he's only responsible for making sure the company pays all taxes.
Click to expand...
Not necessarily true. Government employees who have take home cars are often taxed on the commute use of the car to get to work— it’s a big money saver for those who get it. It’s considered taxable compensation in many cases on the individual. It’s the same with other company cars. It’s often in the higher position individuals compensation packages.
 
tirwin1

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GOPerfect said:
I do not know all of the story, but, if he evaded taxes, he should be held accountable for that.
Click to expand...
I agree, but I would think accountability would include back taxes and a fine. The only reason there is jail time for such an offense is his relationship with trump. This is repugnant behavior, particularly when violent criminals are getting let out with no bail and short sentences when convicted. But just like the Jan 6 "insurrectionists" the government has decreed they must be made an example.

Just another example of how this country is a banana republic.
 
spat

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livingston said:

Two-Tiered Justice System: 75-Year-Old Former Trump CFO Sent to Rikers Island for Not Paying Taxes on Company Car and Staying at Company Apt.​


President Trump’s 75-year-old CFO Allen Weisselberg was sentenced to months in prison in Rikers Island for not paying taxes on a company car and the use of a company apartment.

As President says, “He didn’t pay taxes on the use of a company car – does anyone?”

This is the latest example of a corrupt justice system that is out to ruin the lives of their political opposition.

www.thegatewaypundit.com

Two-Tiered Justice System: 75-Year-Old Former Trump CFO Sent to Rikers Island for Not Paying Taxes on Company Car and Staying at Company Apt. | The Gateway Pundit | by Jim Hoft

It’s well known that a politicized justice system is a sign of the rot and decay of a society.
www.thegatewaypundit.com www.thegatewaypundit.com
Click to expand...
That's fine, now lock up everyone who showed up on Epstein's Lolita express flight logs and didn't claim the value of the flight on their taxes.

Fair is fair, right ?
 
GOPerfect

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tirwin1 said:
I agree, but I would think accountability would include back taxes and a fine. The only reason there is jail time for such an offense is his relationship with trump. This is repugnant behavior, particularly when violent criminals are getting let out with no bail and short sentences when convicted. But just like the Jan 6 "insurrectionists" the government has decreed they must be made an example.

Just another example of how this country is a banana republic.
Click to expand...


No disagreement from me whatsoever. Only posted the basic text of what the law is. I actually have no opinion either way on this case.
 
GOPerfect

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spat said:
How many officers who take their cruiser home do you know that claim that on their taxes ?
Click to expand...


Many police departments provide take home cars to certain administrators, supervisors, and investigators. Many believe this is a taxable benefit, and in the private sector, that is absolutely true. A take home vehicle that you have full personal use of is a very lucrative benefit, thus taxable.


I know that many of the officers that are assigned to take home car, they do not have full use of that vehicle off duty. Most that I know they cannot use it during their personal use. From this quick search that I did, because they don't have full use on their personal time they are not obligated to pay taxes on it.
 
Deplorable Me

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GOPerfect said:
Like I said, I do not know the details of all of this. I do not know the tax laws either.

I did look it up though...


The personal use of a company-owned automobile is considered part of an employee's fully taxable wage income and proper documentation is vital. If you cannot determine business versus personal use, the value of the vehicle would be 100% taxable to the employee for both types of usage.
Click to expand...
I thought you drove a company car?
;)
 
Steal2B

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spat said:
How many officers who take their cruiser home do you know that claim that on their taxes ?
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Claim tax benefit for using patrol car for commute or while off duty, or while running personal errands on duty such as picking up coffee, donuts, or lunch ....
yeah_sure_seinfeld.gif

I am aware and see plenty of law enforcement (NYSP, Deputies, Village, Town, & City, etc) that take unmarked as well as marked cars home.

I have seen many leo use the car off duty. I know many who use the official vehicle to commute back and forth from home and are not taxed for the benefit. I know of NYS Troopers who commuted for hours every day on the taxpayers dime. I know some said it was not a taxable benefit but a public service. Routinely see both uniformed and plain clothes using official vehicles for personal use on duty at coffee shops, ATMs, donut shops, delis, Walmart, pharmacies, etc.

Also have read news stories of stolen firearms, badges, and radios taken from a patrol vehicle parked in the driveway of an off duty Leo's home.

police-car-1.jpg 3717023630_8e1f3e5356_z.jpg Take-Home-Police-Cars1.jpg th-1015065530.jpg a31dded0-0868-4018-8266-d636c47bb60c-IMG_5146.jpg
 
T

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spat said:
That's fine, now lock up everyone who showed up on Epstein's Lolita express flight logs and didn't claim the value of the flight on their taxes.

Fair is fair, right ?
Click to expand...
Not the same. Not considered compensation.
Besides the fix is in. None of those people will be touched and probably not even identified.
 
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spat said:
How many officers who take their cruiser home do you know that claim that on their taxes ?
Click to expand...
Quite a few. One major difference is when are they “on duty”. If they are on duty when they get in the car, it’s different than if they commute to work in it.
Steal2B said:
Claim tax benefit for using patrol car for commute or while off duty, or while running personal errands on duty such as picking up coffee, donuts, or lunch ....
View attachment 187997

I am aware and see plenty of law enforcement (NYSP, Deputies, Village, Town, & City, etc) that take unmarked as well as marked cars home.

I have seen many leo use the car off duty. I know many who use the official vehicle to commute back and forth from home and are not taxed for the benefit. I know of NYS Troopers who commuted for hours every day on the taxpayers dime. I know some said it was not a taxable benefit but a public service. Routinely see both uniformed and plain clothes using official vehicles for personal use on duty at coffee shops, ATMs, donut shops, delis, Walmart, pharmacies, etc.

Also have read news stories of stolen firearms, badges, and radios taken from a patrol vehicle parked in the driveway of an off duty Leo's home.

View attachment 187999 View attachment 188000 View attachment 188001 View attachment 188002 View attachment 188003
Click to expand...
I was referring to unmarked vehicles. Marked vehicles, both police and commercial vehicles are probably treated differently.

And the LE I know who pay taxes for the unmarked take home vehicles get that tax put on their W-2 ( or whatever the tax form is) by the bean counters at their department.
 
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spat

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Truebeliever said:
Not the same. Not considered compensation.
Besides the fix is in. None of those people will be touched and probably not even identified.
Click to expand...
Those people can apparently rape children and get the FBI to make the evidence go away, so I'm sure you're right about that.

The airfare thing OTOH, I bet the IRS has prosecuted people for less, but obviously not anyone from the favored class.
 
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spat said:
Those people can apparently rape children and get the FBI to make the evidence go away, so I'm sure you're right about that.

The airfare thing OTOH, I bet the IRS has prosecuted people for less, but obviously not anyone from the favored class.
Click to expand...
I think they save such prosecutions for those who “ get out of line” and their friends. Tea party anyone?
 
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