NYT article based on tax info leak alleges Trump received millions from father through ‘tax dodges’

NYT article based on tax info leak alleges Trump received millions from father through ‘tax dodges’
(Image: Screen grab of YouTube video, AllSportsWNY, via Uproxx)

[Ed. – The NYT article itself is here; in this case, it is most useful to approach it through the prism of the impression it is meant to create — faithfully reproduced by AP — and note from a neutral position that that is an impressionNYT is not, in fact, “reporting”; it is spinning.  Understand that first, or at least recognize the likelihood (or, if you prefer, the possibility).  Then read the article itself.]

The Times says Trump and his father, Fred, avoided gift and inheritance taxes by setting up a sham corporation and undervaluing assets to tax authorities. The Times says its report is based on more than 100,000 pages of financial documents, including confidential tax returns from the father and his companies.

A lawyer for Trump, Charles J. Harder, told the Times that there was no “fraud or tax evasion” and that the facts cited in the report are “extremely inaccurate.”

The White House dismissed the report as a “misleading attack against the Trump family by the failing New York Times.” It criticized the newspaper and other media outlets, saying their low credibility with the public is “because they are consumed with attacking the president and his family 24/7 instead of reporting the news.”

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The New York state tax department told The Associated Press that it is reviewing the allegations in the Times and “is vigorously pursuing all appropriate avenues of investigation.” The department typically refers findings to the state attorney general’s office.

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