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DonViejo

(60,536 posts)
Sun Mar 19, 2017, 02:33 PM Mar 2017

Trump Sued over the Real Amount of His Personal Debts

Source: LawNewz


by Alberto Luperon | 12:58 pm, March 19th, 2017

A new federal lawsuit claims President Donald Trump’s federal financial disclosure forms may not have identified his actual personal debts.

From the complaint, filed Tuesday in a Washington D.C. federal court:

The purpose of these disclosure requirements is to allow members of the public to make informed judgments as to whether candidates for federal office have financial conflicts of interests that may impair their ability to faithfully execute their duties as public servants.


Health law finance attorney Jeffrey Lovitky is suing pro se, so he’s acting as his own lawyer here. He claims POTUS is grating against the Ethics in Government Act, but he actually doesn’t allege any wrongdoing here. He says he just wants more information for the sake of transparency. POLITICO, who broke the story, managed to get any interview with him.



Read more: http://lawnewz.com/high-profile/trump-sued-over-the-real-amount-of-his-personal-debts/
24 replies = new reply since forum marked as read
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Trump Sued over the Real Amount of His Personal Debts (Original Post) DonViejo Mar 2017 OP
Good. Aristus Mar 2017 #1
Kick for exposure! red dog 1 Mar 2017 #2
Dear IRS, world wide wally Mar 2017 #3
The IRS has nothing to do with anyone releasing their own tax returns. PSPS Mar 2017 #6
I'm aware of that, but I wish they would make a "Comeylike" statement that he can't use that excuse world wide wally Mar 2017 #7
I don't think they can. I think the law considers your tax spooky3 Mar 2017 #11
"Laws" don't seem to matter anymore when it benefits Trump. world wide wally Mar 2017 #12
Maybe, but here it wouldn't benefit Trump (probably) spooky3 Mar 2017 #18
And that is the incredulous irony of where we are as a country. world wide wally Mar 2017 #20
How about leaking it to Rachel Maddow? FakeNoose Mar 2017 #21
Would you be willing to lose your job? spooky3 Mar 2017 #22
They have said all they can say and they have pointed out that he is blowing smoke cstanleytech Mar 2017 #13
They have. Bernardo de La Paz Mar 2017 #14
They said that during the election MN_Caucus Mar 2017 #23
Yep! Yep! Alice11111 Mar 2017 #9
GOOD. Every little bit helps. Kimchijeon Mar 2017 #4
Trump has never produced any proof whatsover that he is "under audit".... AKing Mar 2017 #5
Actually, the IRS has stated that he can release Hortensis Mar 2017 #8
Trump IS sued, colorado_ufo Mar 2017 #10
It's a participle. Igel Mar 2017 #16
800-900 years? colorado_ufo Mar 2017 #19
Seem to recall one of Trump's sons saying that his father's tax Enoki33 Mar 2017 #15
I was wondering that... I saw his personal financial disclosures and I didn't buy his debt Fast Walker 52 Mar 2017 #17
I'm not sure on any given day supernova Mar 2017 #24

Aristus

(66,316 posts)
1. Good.
Sun Mar 19, 2017, 02:58 PM
Mar 2017

If it achieves nothing else, I'm hoping it will at least cause Trump to spend the next several years finding out what it feels like to keep hearing: "No, let us see the real documents!"

PSPS

(13,590 posts)
6. The IRS has nothing to do with anyone releasing their own tax returns.
Sun Mar 19, 2017, 04:11 PM
Mar 2017

For all we know, the "under audit" claim is another lie. But anyone can make their tax returns public at any time regardless of whether they're being audited or not.

world wide wally

(21,740 posts)
7. I'm aware of that, but I wish they would make a "Comeylike" statement that he can't use that excuse
Sun Mar 19, 2017, 04:22 PM
Mar 2017

anymore

spooky3

(34,438 posts)
11. I don't think they can. I think the law considers your tax
Sun Mar 19, 2017, 05:09 PM
Mar 2017

Return and audit status private and IRS can't say anything. You can release your own tax returns or lie about the audit status. But their hands are tied.

It's like your grades in school--you can lie and tell people your grade average was x.x, but the school can't release your transcripts.

world wide wally

(21,740 posts)
12. "Laws" don't seem to matter anymore when it benefits Trump.
Sun Mar 19, 2017, 05:16 PM
Mar 2017

Didn't the Hatch Act forbid Comey from making an annoucement about Hillary 11days before the election too?

spooky3

(34,438 posts)
18. Maybe, but here it wouldn't benefit Trump (probably)
Sun Mar 19, 2017, 07:09 PM
Mar 2017

and it would be a civil service employee who would be putting him/herself at risk in making an illegal disclosure.

FakeNoose

(32,628 posts)
21. How about leaking it to Rachel Maddow?
Sun Mar 19, 2017, 10:07 PM
Mar 2017

Any document can be leaked to the right person in the media.

Just sayin'



cstanleytech

(26,281 posts)
13. They have said all they can say and they have pointed out that he is blowing smoke
Sun Mar 19, 2017, 05:20 PM
Mar 2017

as an audit does not in any way hinder him from releasing his past returns.

Bernardo de La Paz

(48,988 posts)
14. They have.
Sun Mar 19, 2017, 05:31 PM
Mar 2017

During the campaign the IRS publicly stated that an audit does not prevent anyone from releasing their tax returns.

 

MN_Caucus

(5 posts)
23. They said that during the election
Mon Mar 20, 2017, 10:33 AM
Mar 2017

Hell they said that during the primaries, but everyone in the media seems to have ignored that and didn't do any follow-up research into his taxes personal or otherwise.
Last I checked corporate taxes are a matter of public record are they not or are drumpf industries still all private?
Even so how hard would it actually be to get one of his screwed over accountants to turn over on him?

AKing

(511 posts)
5. Trump has never produced any proof whatsover that he is "under audit"....
Sun Mar 19, 2017, 03:48 PM
Mar 2017

All we have is the word of the pathological liar

Hortensis

(58,785 posts)
8. Actually, the IRS has stated that he can release
Sun Mar 19, 2017, 04:45 PM
Mar 2017

returns under audit, that there's nothing keeping him from it.

Igel

(35,300 posts)
16. It's a participle.
Sun Mar 19, 2017, 07:05 PM
Mar 2017

"Barack Obama elected president".

It was hardly a claim that Obama on his own elected the president.

Auxiliaries get short shrift in headlines.

Yeah, there's that whole "preterite vs past participle" confusion thing that's been going on in English for the last, what is it, about 800, 900 years?

Enoki33

(1,587 posts)
15. Seem to recall one of Trump's sons saying that his father's tax
Sun Mar 19, 2017, 05:57 PM
Mar 2017

returns would not be released because they could be used against him. Nobody asked him in what way? Have not seen any journalist follow this up.

 

Fast Walker 52

(7,723 posts)
17. I was wondering that... I saw his personal financial disclosures and I didn't buy his debt
Sun Mar 19, 2017, 07:06 PM
Mar 2017

claims, not to mention they were very vague for the largest amounts. like saying >$250 million to Deutsche bank or something like that.

I'm sure he owes a SHITLOAD.

supernova

(39,345 posts)
24. I'm not sure on any given day
Mon Mar 20, 2017, 12:18 PM
Mar 2017

Trump has enough $$ to pay the parking attendant at TT, much les live the lifestyle he does. I think it's all a creative accounting shell game. And the IRS knows it.

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