The MeidasTouch Podcast Michael Cohen and Ben Meiselas Dissect Release of Trump Tax Returns
Dec 31, 2022
Michael Cohen, former lawyer for Donald Trump and author of 'Disloyal' and 'Revenge', joins Ben Meiselas for a gripping analysis of Trump’s recently released tax returns. They dive into the implications of these financial revelations and Trump's reactions, exposing questionable deductions and discrepancies. The duo also discusses the broader political division and the essential role of accountability in governance. With a focus on the fight for democracy, Cohen emphasizes the importance of independent media in navigating misleading narratives.
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Trump's Tax Schemes
- Trump manipulated asset values for tax benefits, inflating them for net worth and deflating them for deductions.
- He even took a $260,000 hush-money payment to Stormy Daniels as a business expense.
Criminal Tax Issues
- Trump's tax returns reveal criminal activity, like deducting hush-money payments as business expenses.
- Cohen, who paid over $3 million in taxes, questions how Trump paid so little without facing similar charges.
Crowdsourced Auditing
- The public release of Trump's tax returns enables crowdsourced analysis.
- Citizen auditors can examine various LLCs, like Seven Springs, to uncover potential wrongdoing.
