NYT & # 039; at all & # 039; Concerned about the defamation lawsuit warning after a report on Trump...
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NYT & # 039; at all & # 039; Concerned about the defamation lawsuit warning after a report on Trump...
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NYT & # 039; at all & # 039; Concerned about the defamation lawsuit warning after a report on Trump taxes
The New York Times is standing next to your bomb investigation in the Trump family real estate Empire, reporting on Tuesday that the president. Donald Trump "He participated in suspicious tax plans while reaping riches from his father."
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The president's attorney said in a statement the possibility of a defamation lawsuit "if the Times declares or implies" he committed "fraud, tax evasion or any other crime," but one of the reporters who revealed the story, Susanne Craig, " There is nothing "concerned about the warning," he told "Good Morning America" on Wednesday.
Trump scoffed at the report on Tuesday morning, calling it "an old, boring and often told piece" in a tweet.
The Failing New York Times did something I had never seen before. They used the concept of "time value of money" to make a very old, boring and often told article about me. Added, this means that 97% of your stories about me are bad. I never recovered from a bad election!
The Times' 18-month investigation puts the president's finances under control, without analyzing Trump's personal tax returns or current business. The president declined repeated requests by the Times to comment on the findings, the newspaper said.
But Craig noted "what we could put together about Donald Trump only through his father's. [tax] returns. "
In recounting the "incredible journey" that culminated in Tuesday's report, Craig said that after part of Trump's tax returns in 2005 became public in 2017, "We started with a simple question, when we went back last year. When two or three pages of the 2005 tax returns were published, we were surprised to see that he made money that year. "
"It was a juxtaposition of ten years before ... he had registered a loss of $ 1 billion," he said, adding: "We started to see just the empire of Fred Trump and that's why we keep coming and going."
The New York Times alleged that Trump helped his parents "dodge taxes"In the 1990s and deployed a series of tactics and" absolute fraud "to amass his vast fortune.
The Times said it based its allegations that Trump helped his father defraud the federal government and avoid paying taxes, interviews with former employees and advisors to Fred Trump, and more than 100,000 pages of documents describing the operation internal and the immense profitability of his empire. "
Rtalesnick / Mediapunch / via Shutterstock
Donald Trump with his parents Mary and Fred Trump in 1994.
Contrary to Trump's claim over the years that he is a self-made billionaire, drawing on an artisanal vision of himself by building a $ 10 billion empire from a $ 1 million loan his father, the president inherited "at least $ 413 million from his father." The real estate empire, which began when I was a small child and continues to this day, "according to the Times investigation, which analyzed a" treasure "of confidential tax returns and financial records.
Trump's lawyer, Charles Harder, vehemently denied the accusations in the Times, calling them "100 percent false and highly defamatory." The Trump Organization has not responded to the request for comments from ABC News.
In response to the Times report, the New York State Department of Taxation announced on Tuesday that it is reviewing the allegations, possibly including tax fraud schemes, and "vigorously pursues all appropriate avenues of investigation," according to officials.
The statute of limitations "makes any criminal process almost impossible," a source in the law told ABC News.
White House press secretary Sarah Sanders issued a quick rejection of the Times report on Tuesday, calling it a "deceptive attack on the Trump family for the failed New York Times."
"Many decades ago, the IRS reviewed and approved these transactions," he said in the statement.
The state tax authorities have already been investigating Trump's charity, the Trump Foundation. The investigation expanded to include Michael Cohen, the former lawyer and personal defender of the president who was summoned in August.
New York State Attorney General Barbara Underwood has an open investigation by the Trump Foundation alleging that the president and his advisers combined political and charitable work in violation of charitable laws.
Aaron Katersky and Matt Zarrell of ABC News contributed to this report.
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