Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

LiberalFighter

(53,544 posts) Tue Sep 26, 2023, 08:09 PM Sep 2023

The $250 million fine for Trump is not tax deductible. :)

4 replies

= new reply since forum marked as read

Highlight:

The $250 million fine for Trump is not tax deductible. :) (Original Post) LiberalFighter Sep 2023 OP

Damages haven't been set, $250m is a minimum.... getagrip_already Sep 2023 #1

Good to hear. LiberalFighter Sep 2023 #2

But will Trump ever pay the fine? Johonny Sep 2023 #3

I would think if properties are under receivership LiberalFighter Sep 2023 #4

getagrip_already

(17,802 posts)

1. Damages haven't been set, $250m is a minimum....

Reply to LiberalFighter (Original post)

Tue Sep 26, 2023, 08:14 PM

Sep 2023

It can go much higher depending on what the judge determines the amount of fraud each year was.

It will also include interest for each year the fraud occurred.

It will add up to quite a bit more than that min.

LiberalFighter

(53,544 posts)

2. Good to hear.

Reply to getagrip_already (Reply #1)

Tue Sep 26, 2023, 08:15 PM

Sep 2023

I think it goes into receivership too.

Johonny

(25,552 posts)

3. But will Trump ever pay the fine?

Reply to LiberalFighter (Original post)

Tue Sep 26, 2023, 09:36 PM

Sep 2023

He never pays anything.

LiberalFighter

(53,544 posts)

4. I would think if properties are under receivership

Reply to Johonny (Reply #3)

Wed Sep 27, 2023, 08:01 AM

Sep 2023

It would be taken from sales of buildings.

Reply to this discussion