Diving Deep into the Trump/Weisselberg Indictment
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- čas přidán 15. 07. 2021
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A tax indictment in New York. Is this the end or the beginning?
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🇺🇸 What's your prediction about the prosecution?
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You’re probably more know as a CZcamsr lawyer than a lawyer…
I think Weisselberg will be convicted but not much if anything will happen to the Trump Organization.
Only the beginning
Now that the democrats control both the House and the Senate, I think Weisselberg will be convicted. The Trump Organization, and Donald Trump himself methinks, will take a hit to their reputation, but I bet charges won't stick.
@@justincatgato9041 I welcome our CZcams Lawyer overlord
What's considered trashy when you're poor, but classy when you're rich?
Getting money from the government.
We’re all laughing 😩
Haha so true
Trump is trash is in a bespoke suit .
Corporations are the true "Welfare Queens."
@@69UM24OSU12 to idiots that probably seems true
"I'm crazy enough to take on Batman, but the IRS? No, thank you!" - Joker
Nice BTAS reference
Haha, I was looking for someone making this reference.
I read that in his voice too XD
That line is so overposted that it stopped being funny years ago.
You know, if I were rich, I would absolutely pay my taxes--even err on the side of overpayment--just to avoid the hassle of being investigated. What's the point of having lots of money if you can't enjoy it because you keep having to go to court and worry about going to prison?
But then, that's probably why I'm not rich. If you understand the concept of "enough," you'll never make it in the business world.
"Even a graduate of Trump University can understand bookkeeping, with Skill Share."
You are so smooth and that joke was so solid, I actually contemplated whether or not I should click the ad.
Don Jr's "It really wasn't that much money" argument is kinda hilarious. If it wasn't that much money then why didn't you just pay it lol...
Exactly!
In their defense, Trump also stole money from charity to pay for boy scout memberships. They basically steal everything that isn't bolted down.
Honestly, their blabbermouthing possible incriminating evidence is quite astonishingly naive.
@Lucky Sportt white*
@Lucky Sportt are you a 6 mo troll?
Another example of Schrodinger's Trump. He's apparently both history's most brilliant businessman, and completely unaware of anything happening in his business.
Funny how he is always both Master of the Universe, and Victim of Everything.
how to get away with anything:
step one: never *actually* be the one who does anything
step two: ???
step three: profit
That's called double think. Stay woke, my dudes
Can we please have the version that's dead instead of the live one?
That's the shtick Ronald Reagan pulled to get out of trouble over Iran-Contra.
Everyone: "Say the line, Devin!"
Devin: "It depends."
Everyone: _"Yaaayyy!"_
Freaking depends lol
I smell a sponsordeal. Especially when talking about Depend-ass DIMfPOTUS.
Is devin legal eagle?
@@No-cf7ik Yes
We don't need to ask for him to say the line, it's an automatic lawyer reflex.
These rich people spend more effort to avoid paying taxes than most of us put into working just to stay alive
CPAs charge you a few percent of what you would have owned to the IRS. So you end up saving money by hiring many CPAs
Its because they are all wimps afraid of having to deal with the world on its on terms. Show me one billionaire who can run ten miles, throw a punch or bang ten broads in an evening. Exactly. Not even Epstein, he could only handle massages.
When you get to the point of CEO, 90% of your job is avoiding taxes.
No different than most Americans. Happy to keep having children at the expense of the few who pay taxes to continue to get their tax payer funded entitlements.
….”We don’t pay taxes. Only the little people pay taxes.”
-attributed to Leona Helmsley
“That makes me smart.”
-Donald Trump, when accused of not paying his share of federal income tax.
Given that Helmsley was targeted at the time when former guy was trying to get her share in some fine piece of NY estate it would make goul lawyer represent interests of former guy and not interests of NY state.
@@tokul76 Not sure what you mean. Did you get the word "former" wrong?
@@johndododoe1411 former guy as in former white house resident. He comes by various names and some prefer not to call him by his original name.
@@tokul76 The words "former" and "latter" usually refer to the people or things in the previous message, which should mention only two such people or things (otherwise it gets confusing). So I had trouble matching your words to the comment you replied to. Thus Former would be Leona and Latter would be the orange mennace.
Trump paid no tax because he wrote off casino business losses. This is LEGAL.
"To buy things for his golf clubs" I know what you mean, bit I'm picturing little beds for his irons to sleep in when he's not using them
He probably has beds for his irons.
Hats for bats. Keep bats warm.
In gold. 😏😉
@@BigMamaDaveX I wanted to say that
When the story broke years ago about Trump's fake Time magazine cover hanging in his golf clubs, I legit had that same thought. Took me a good while to figure it out. I had pictured the cover taped to his golf bag in some way, like the inside of a middle school locker door.
His statements about “nobody knows tax laws like me” may come back to haunt him.
How can he plead ignorance now after repeatedly bragging about his tax acumen.
For Trump himself, I'd expect him to claim puffery. His lawyers will probably go more with the "he's an actual ignorant" defense.
@@littleratblue He could admit he lied. Lying in a speech is not a crime.
@@combatepistemologist8382 I doubt he will. Trump can't admit to lying or even "making mistakes". It would damage his ego.
Easy, he's a liar... and unfortunately that is a valid defense
@@cptunderpantz9273 yeah, that’s sadly true.
“Or if you’re an accountant in the Trump Organization, your first accounting course” 🤣🤣🤣🤣🤣🤣
All the “handouts” or welfare combined won’t add up to a fraction of what rich crooks can avoid paying. Imagine how much of this goes unnoticed??
well here they fall over their own greed. they try to avoid as much as possible and some then is noticed
*Starts thinking like a white collar defense attorney.
Why am I on fire? Who is this horned guy?
🤣🤣🤣
The bad part of hell isn’t the eternal torment for your sins part, it’s meeting all the lawyers.
@@jonasdatlas4668 eeeh all about perspective. I'm sure it could be an entertaining shit show given the right context.
@@jonasdatlas4668 what if their punishment is arguing and arguing in an easy court case and failing every time?
Stop worrying and hail thyself!
I'm very upset you didn't use the clip from The Producers where the police find the two sets of books labeled "show to the IRS" and "NEVER show to the IRS"
That was also my thought!
Had that thought too!
Don't you love it when the instructions are so clearly laid out?
Wouldn't be fair use, so he'd have to pay for the rights.
😳 for real? I gotta see that.
The constant shots taken at Trump and his company for the Skillshare segment was hilarious.
As many shots as Trump took at others, quit your moaning snowflake! Birth Certificate? Benghazi? Dont whine now!
"What do the books say?"
"Shooooooow to the IRS."
"And the other?"
"NEVER. Shoooooow to the IRS."
As an accountant this just seems like the strangest way to commit a crime. They seem to have taken every step to ensure they get caught, as well as just admitting guilt in interviews...
Same with some of their other crimes. Nothing seems to happen because they are protected by millions of supporters.
Realistically, a lot of powerful people get away with things, even if they are obvious. There is also an element of Trump's pathology that he thinks he's smarter than everyone. He thought no one would dare to look at his books, and even if they did he's just too clever to be caught, in his own mind. You can see this a lot in police interviews with narcissistic murderers too. They overestimate their own intelligence and abilities, while underestimating everyone else who might see what they are doing.
I bet it was built as an escape hatch for His Loser. It was HIM your honor, just look at the evidence!
Right? I'm not remotely an accountant, but if I wanted to pass off employee compensation as a business expense, I sure as hell wouldn't just put their apartment in the ledger as "rent expense"... and then freakin adjust his pay accordingly!
@@culwin Nothing happened? Many Trump associates have already gone to prison. He can't pardon anyone now. Followers can influence politics but can't do crap against the legal system.
Yay! Finally a non-short. I love your content too much, shorts just don't do the trick for me.
Tik tok ruined so much
Hard to fit the nuance of the law into a short. I think he does his best, but the limited format isn't a great fit for the information being presented.
I need more content and highlighters! And you just can't fit the same amount of depends in a short.
That's what she said.
Unfortunately CZcams has made their algorithm favor shorts disproportionally more than longer videos.
Let me see...Hmmmm, who else keeps two sets of books - Oh, that would be MOB BOSSES!
Cheating wives too probably....
“There’s gonna be so much winning you’re gonna get tired of winning”
"I thought tax fraud was legal" seems like a terrible defense, but I hope we get to watch them try it.
It's better than "I can't be indicted because I'll be reinstated as president again in August."
not knowing the law doesn't exempt you from the consequences of breaking them.
except in this case, then in fact you can just blame your advisor, people do it all the time.
Ilhan Omar did, with no real consequences. "I didn't know" seems to work fairly well for politicians, there's always an underling to take the blame.
"Will I pass the bar"
The council: It depends, no, but it depends.
Oh, short answer, "yes" with an "if." Long answer, "no" with a "but."
pro tip: dont keep electronic versions of SECRET ledgers lol
Sadly, I think we all know the rich never have to pay the consequences the rest of us have to when we break the law. I’d be very surprised if he went to jail.
Except if they are a woman ... Martha Stewart ...Leona Helmsley
Oh, let's not leave it just to "the rich". Budding young congressional types that haven't yet milked the system enough to get rich also manage to get away with just about anything :) As long as you're in a position to point at someone else and raise a little doubt, your odds are decent.
Maintaining two ledgers, eh? Kind of hard to argue there isn’t intent or knowledge of criminal acts if that’s the case. I wonder how many people can be proven to have known about that.
"Chief, we found two books. One says 'Show to the IRS'."
"What about the second? What does it say?"
" 'NEVER show to the IRS' ."
Indeed. The issue will probably be about proving that the second ledger exists, and if so that it was made by the people who they claim wrote/kept it. It feels like a rather long legal road to travel, but a necessary one here. I hope it stays intact while being battered by the defense attorneys.
Eh, not necessarily, especially in business where the rules seem so arbitrary sometimes.
.
Tax code doesn't always follow reality. For example, I'm capped on my deductions, because of that I don't declare my charitable donations on my taxes. But if I wanted to track my money closely (as a business may want to) I'd probably want to track how much in donations are given.
.
Now obviously that doesn't benefit me like their changes may benefited them, but just an example of how sometimes tax code disconnects with reality.
@@MrSlowestD16 And indeed, it wasn't a second ledger, just a loose sheet tracking all expenses on a purpose, across all accounting categories. Such sheets are frequently used to plan and track decisions on how much to spend on something. For example, how much was spent on getting a skyscraper built when some was the fixed salary of the company's favorite architect, some was wear and tear on company trucks used by the subsidiary that also does construction work for others etc. etc.
That all said, it seems damning that the pro forma salary of the CFO was reduced by expenditures that benefited that CFO and his family, such as sleeping quarters at the worksite far from his de jure home. A great comparison is if use of the White House residence is reported as taxable income for presidents that maintain a home address in their home districts.
Also keep in mind that the IRS allows many businesses to have a cash basis ledger and an accrual basis ledger, one is for taxes one is for business. In a cash basis ledger you don't claim A/R for example, you can eliminate that from sales, conversely you also eliminate A/P and have to eliminate that amount from cost of sales. Cash basis accounting generally allows businesses to not pay taxes on things that they have not collected, they can also write off inventory, huge advantage in the early years of a company, it will eventually catch up to you and become a negative but many years down the road. I would bet there are very few companies in the US that don't have multiple sets of books for a variety of reasons.
Imagine getting paid a million bucks a year and STILL feeling a need to cheat to get more. Ugh.
So... imagine just about anyone in corporate America?
@@robertbeste You don't need to limit that to America...
The more money people get, the more greedy they get. For this genius, how much were the taxes? Say that is 40% of more than $1M, as if he required more than $500k to live... There is people close to him that have good living on way less.
These type of people are the one that are proud of not paying taxes and brag about it.
@@ikocheratcr Exactly. Even in NYC you can live great on half that.
its a sense of entitlement, it's what made the trumps feel justified in stealing money from a child's cancer charity once they saw how much was raised
Btw, you have inadvertently given one of the best arguments for reforming and simplifying the tax code.
"Because he's such a good guy, he paid for the education of the man's grandchildren."
Okay, so he paid for the education of the grandchildren of a man who has a multi million dollar salary, with a home and car he doesn't need to pay for? Yes, that's *certainly* the type of person who needs help paying tuition.
6:00 Isn't that what Max Bialistock and Leo Bloom did in "The Producers"? Keep one book labeled "Show the tax comittee" and another "Never Show the tax comittee". Did the Trump organization learn their tax evasion techniques from Mel Brook's comedies? That would explain a lot.
Spring time for Orange Hitler
@@dunkelmonkey Winter for American democracy
There's definitely a Blazing Saddles vibe to some of his immigration policies
Nah. They wanted to have their compensation as a big chunk of the production costs of a money losing musical production. Since the investors wouldn’t be paid back if it lost money. Since it made money that’s why they ended up at sing sing.
Merch idea for LegalEagle a magic eight ball with every answer “It Depends”
😆 like that
“Well…it depends”
Should be an official Legal Eagle t-shirt
I don't understand why falsifying records can often result in probation or fine it's almost they're encouraging them to engage in illegal activities and get away with it if someone pour had done that shit they would have lost their ass in jail
because they have to PROVE it was knowingly falsified rather than being incompetence and/or ignorance, and they have the money to afford the lawyers to create enough doubt. the poor cannot afford to defend themselves. which is how the rich stay rich, it's like slavery without the slavery, the way MLM's are not pyramid schemes, they just have a pyramidal shape .
@@artlessknave my assumption of what the OP was saying, and I could be totally wrong here, was the system appears to be designed specifically to promote the rich breaking the law. And in my opinion they're not wrong. When you can hoard millions of dollars on the back end, get caught, keep most of the money, and pay a small fine then something is seriously wrong. When it's PROFITABLE for the rich to break the law we, as a nation, need to fix a terribly designed system. The big problem here is that the rich, from literally day one in the United States, are the ones writing the rules and they sure as shit aren't going to write rules that affect them. That's why everything, EVERYTHING, crashes down on the poor and absolutely crushes them. Trump is but one viral particle in American society; it's time for the immune system to kick in and fight the infection, which, at this point in time, is killing the entire body.
"This is politically motivated!" Yeah, that's why you don't deal dirty when you're in a position with political opponents. It's perfectly politically legitimate to use your crimes against you. Great video!
The downside though is that justice must also be seen to be done. If you have a partisan court system, it becomes much harder for any case to be proven without thoughts of conflict of interest when the opposing side is involved. If you're in to documentaries, it gets touched on a bit in Alex Gibney's 'Client 9' where a republican prosecutor seemingly uses his position to target a democrat public official. It's extremely murky in moral terms. The laws should go affect the guilty, not just when it's inconvenient, though yes it is satisfying seeing the efforts used to stop the emoluments case now being applied in the reverse.
The questions of observable justice get particularly absurd when you look at the election cases where republican state officials and republican judges are all dismissing claims (rightfully), but the Forest Trumps are still claiming political bias...
This is also why, if you do dirty business, you treat your accountants and secretaries really well.
@@robertpetrovich1923 Or better yet, get them to become a part of your scheme, and therefore liable themselves if they spill the beans.
I replied to another comment like this with " Trump's 500 page tax returns are professionally prepared, signed by Attorney-in-Fact after being reviewed by other attorneys. Then it is audited by IRS. If IRS had no problems with Trump's taxes can you HONESTLY (i.e. non-politically) claim the courts should years after-fact?" and ask you the same.
That's why the Miranda warning includes "Any crimes you commit can be used against you in court."
Trump Jr.: Its only 136k!
In other words…the theft doesn’t really matter if you are rich enough to not actually need what you stole.
Yeah, "only 136k", not even enough to cover one weekend expenses, please ... ;)
Maybe junior thinks 136k is so small and nothing that why bother with that pocket change.
Over how many years this is the total figure i believe they should pay that tax just like all the others that have done this but prison no
It’s like rich people shoplifting at Walmart.
@Sam Spragg There is medication available, seek help.
@Sam Spragg Hey, can I join you in fake whataboutismland? It sounds like a comforting safespace.
“For the love of God, stop writing down the details of how you’re defrauding the government!”
When talking about them two books, anyone else get a whiff of The Producers?
"NEVER. Shooow to the IRS."
Glad we’re getting some action on white collar crime. Tired of the mega rich people and corporations skating on taxes they should be paying.
The worst part is that a lot of the taxes that billionaires don't pay is legal. Bezos has most of his wealth in his Amazon stock. Tax laws say you are not taxed until you sell. So Bezos will take out loans with banks using his stock as collateral. Then he receives a 1 or 2% interest instead of 30% for selling stock. Totally legal... Totally unethical...
@@roscojenkins7451 How is keeping what you create unethical? It is the schemes that Apple and Amazon use to evade taxes that needs to be stopped.
@@Foolish188 I'm saying that the tax laws are unethical. It is widely known that those with BILLIONS of dollars have no fear of their tax rate because tax law only taxes when stocks are sold. In his eyes, he is incentivized to take out loans at a bank because it is way less interest. And if he dies then his "debt" dies as well
Don't count on "getting action" unfortunately. There are billions of ways the rich & powerful can avoid the law. Billions!
@@roscojenkins7451 Ok, I see what you meant, but death doesn't end debts or taxes, unless you die bankrupt.
Average person with average fundage avoids taxes-
IRS: SEEK AND DESTROY
Richest men alive avoid taxes-
IRS: Why do we exist again? What are we doing? Can a team of lawyers please remind us?
IRS is deliberately defunded and crippled by republican admins so they cannot go up against the richest people in the country. This is by design.
@@gelinrefira There's a sort of scary elegance to how easy it is to gut a democracy. Just defund public defenders, tax authorities, anybody tracing guns used in crimes ...
It wasnt even the IRS that brought the charges. It was new york state! Sad
Even if the charges are politically motivated, they're still guilty. It only means we need to prosecute more people.
Start with the Democrats
@@nunyabusiness5275 The Democrats did not literally invade Congress with the explicit intention of overturning a fair and legal election on January 6, 2021.
@@ThePondermatic yes they did
Thank you for all you do. Your explanation of situations make all the sense necessary to look at all these situations from a different angle
And actually in line with the subject-matter in this video, reviewing the movie The Producers would be a great video as well. There is a scene where the police officers find the books that the two protagonist have been putting their finances in and one says, show to the IRS, and the other says, never show to the IRS
Or that old MASH episode where Frank Burns thinks he's dying and sends a message to his wife telling her to check the red binder (iirc) in his safe, not the blue binder (iirc) he shows the government...
I made a similar comment then saw yours.
Oh support for this, I would love a legal breakdown of Producers c:
Americans: Our former President is being indicted for corrupt practices.
Spain: First time?
Americans: Unfortunately, yes. :(
America: no, not really...we're more surprised it doesn't happen more often.
It's the first time the former President was _indicted,_ yes.
Americans: [Insert glaring at a portrait of former president Ford here.] "Technically."
They're all crooks, every president of every country. Just a matter of how blatant of a crook they are. You don't stay in power without rubbing elbows with powerful people, and they make sure you look after their interests, and when that happens, the corruption already has a footing.
"Simcox breaks down the ins and outs of bookkeeping in terms that even a graduate of Trump university could understand..." :D I could watch this guy just for the commercials...
These cases where people are indicted by their own internal records always remind me of the words of Stringer Bell: "Is you taking notes on a criminal *** conspiracy?!"
"The Trump organization kept two sets of books, one with the fake number, one with the real"
A very wise man once said "Do not ever write down all the crimes you have done"
Allegedly. 😉
If Trump was 15, it would all be posted on TikTok.
there was a great part in the wire where someone was taking notes for a meeting, then had to be reminded that they are literally documenting a conspiracy.
@@NicoBabyman1 Am I right, Peter!?
@@lisacarpenter3787 Keep Calm and Blaze On 😂
Nothing like admitting your father's guilt on live TV lol.
“Who reports tuition paid to IRS?” - Don Jr. …umm everyone lol
"yes he did crimes BUT it was to help out this poor old millionaires grandkids whom he employs". gold
Don Jr. is not exactly the sharpest cleaver in the orc horde.
Almost as good as Gaetz trying to connect himself with Tucker Carlson on Fox on live tv to have Tucker immediately deny any doings with Gaetz and his “friend” they went to dinner with 🤔
Anyone else notice the FOX News anchor shaking his head as Trump Jr. talked? I feel like he was thinking, "No, don't say that, the left-wing media is gonna seize on this and turn it against us!"
I would love to see you play Dungeons and Dragons. I'll bet you'd be wildly entertaining, especially as the DM.
that you can throw shade even while doing your adverts is just masterful!
Let's all remember that the physical stimulus checks in the first round were delayed so that the then-President's signature could be added to them. He wanted ownership of the stimulus in the form of his signature. But he wants people to believe checks that bore his signature aren't his doing if they break the law.
Good point!
Delayed? Why would he delayed them just for a signature? Want to explain that smooth brain?
@@nicholasbourcier he already explained that Trump wanted ownership, in writing, so that he got the recognition for every check sent out. God-tier narcissism.
@@nicholasbourcier I wouldn’t talk too much about smooth brains.
@Jay Bee So what you are saying is the left despises tax dollars going to tax dodging corporations and like when tax dollars go to tax payers?
Me too, and i'm not left.
"I hire the best people. The best."
"I'm not the one who committed those crimes, it was the people I hired."
-Trump 2016, 2017, 2018, 2019, 2020 and now 2021.
Trump: I hire the best people!
Trump's people: Trump is corrupt and is corrupting America.
😂😂😂
"then I fire them because they're stupid and horrible poopy heads."
How that man still has supporters baffles me. He's one of the greatest con artists I've ever seen, literally duped millions of Americans.
And just thank Biden for being 10 times worse
Legal Eagle was just lurking, waiting for the end of trump's reign to come in and wreck his ass XD
Glad for the updates, thank you!
Look I found these two accounting books. This one says "Show To the IRS" and the other one says "Never show to the IRS". - The Producers
Instructions unclear. Gave books to New York
I don’t know if you’ll see this but I’d really like you’re perspective on the Billy Mitchell situations, he’s been dishing out lawsuits for fun and (in my opinion) trying to ruin lives, there’s a youtuber called Karl Jobst that has done multiple videos on his lawsuits but I’d like a perspective on someone who has experience in the legal world
Commenting on this mainly to boost engagement score. Would love to see more people aware of who Billy Mitchell is and to see his life story of dishonor, cheating, and cowardice.
Mitchell is an absolutely disgusting man. A crybaby whose actions indirectly led a man to take his own life.
@@stevesmith9447 Amen to that!
Omg I would LOVE to get a lawyers perspective on that case. I love hearing from the speed runners, but this is just asking for the legal eagle treatment.
I agree. I want to say more, mostly to bring more attention to the comment, but can't find the words right now.
The question I have and would love to hear your insights is whether more indictments will be likely forthcoming? Thank you for all your fantastic videos!
In the opening I thought "hey is he actually going to ..."
"it depends"
"yea figured"
Yeah a political enemy not actually committing a crime is a real bitch isn’t it?
While I feel like America should change its anthem to the Yakety Sax at this point, it is somewhat reassuring to see that any progress is able to be made in a system so stacked against anyone who doesn't have a bank balance the same length as their account number.
Edit: spelling.
And star Benny Hill and Jackie.
"Yakety Sax" also has an easier register to sing than "The Star-Spangled Banner" and come to think of it it doesn't have lyrics so that would be a double bonus.
@@jalabi99 Correction: "Take out the papers and the trash, or you don't get no spending cash, if you don't scrub that kitchen floor, you ain't gonna rock an roll no more." "Yakety Yak." "Don't talk back."
@@vapx0075 you're talking about "Yakety Yak (Don't Talk Back)", the 1958 doo-wop classic by The Coasters. We're talking about "Yakety Sax", the 1963 pop novelty hit written by "Spider" Rich and Boots Randolph, aka the closing theme music of _The Benny Hill Show,_ which is an instrumental with no lyrics.
Amazing how much work and tax fraud goes into saving so little money.
To me whats really amazing is they can afford to pay the damn taxes anyway!
If you do it every day, year in year out, it gets easier.
I have to say, a lot of effort for $100k. But I would bet there's a lot more and it was only what they could prove.
I don't usually listen to the adds content creators place at the beginning or end of videos but the sheer amount of shade and sarcasm thrown out in yours is delightful
Thanks for making this stuff understandable and digestible! Really appreciated!
You knew this was coming. That's how they got Capone. No one cheats the IRS.
The government doesn't care what you do as long as you pay them.
Except for Scientology.
@@gregdubya1993 boy ain’t that the truth trump: *allegedly commits sedition* government: “nah, you’re good” trump: *allegedly commits tax evasion* government: “Bitch better have my money”
@@aw04tn58 My thought exactly.
@@aw04tn58 nailed it
"I would've gotten way with it too if it wasn't for those meddling journalists!"
-trump corporations probably.
He probably will thoght, history is in his side
Except in Scooby Doo episodes the bad guy always walked off in handcuffs at the end.
Still waiting on that to happen here!
More like Trump himself. Example: "You are fake news."
The whole "permanent residency here while I actually live here" trick is one that's particularly ironic to me, as I live and work in two different states and have an absolute AGONY with my taxes every single year because of it.
I hope you dont pay state tax twice
Honestly, your plug for skillshare was brilliant.
keep up the good work!
So the only crime a rich person can be held accountable for is not paying their taxes. Got it.
You have to pay to be above the law. No $$$, no immunity.
never mess with the IRS. even joker doesn't mess with them
If you are violating patents or steal from some company or private citizen, that doesn't affect the government all that much. On the other hand, if you evade taxes, you are stealing money from the government, which is probably the most effective way to piss off the authorities.
Always been the case
Didn't a rich person convicted of sex crimes recently get released after the convictions were overturned?
And I remember a long slow car chase followed by someone being found not guilty in a case the prosecutors thought was a slam dunk.
Oh Henry had a story start with Jimmy Valentine in prison longer than he was accustomed to. And Oh Henry wrote his stories a long time ago.
I'd love to hear your opinion of the Texas attorney general being investigated by the Bar Association and his assertion that it is unconstitutional.
The add at the end was just fantastic!
I'm always amused at the eagerness with which villains document their villainy. :D
Best example ever: Nazi bureaucracy.
Guys like you really deserve more subscribers, I'm not even from the US, have nothing to do with the legal system but you present it in such an entertaining way, you've convinced me to regularly watch your videos now convince your jury. Great job!
PS I'm from India
Finally an Indian ,I am not the only one!!!...Kya haal h bro..😁😁
just like to take 1 moment here, and remind everyone that a man was choked to death last year for trying to defraud a store with a fake 20.
Was the 20 even fake?
I still see it as a miracle his murderer even got some of what he deserved. I have almost no hope of seeing Trump himself face any repercussions for his own crimes though.
@@spidermonkeynuts3851 he was not a criminal, in this country criminals are tried and found guilty in a court of law. Until he is found guilty he was innocent of all charges.
@@moyo2850 hey may or may not have been guilty of using a fake 20 but he WAS tried and convicted of several other last crimes as well as he was currently high on meth at the time of his arrest and death. The guy was a criminal thru and thru. Did he deserve to die the way he did? No, absolutely not, but he WAS still a criminal and people refuse to acknowledge that he was not a good guy just because he was murdered by a cop. Sorry not sorry but being a murder victim doesn't make you a good person and you don't Deserve to be celebrated for it
@@cuteclipsllcfl
hes not being celebrated as a saint, he is being remembered and memorialized by not only his family, but people who dont want police to just go around and kill people. people who broke the law and were convicted can still be good people, especially if they were nonviolent offences (i dont know about his past offences, it doesnt really matter.) people who try to justify his death because he was a past offender are the real problem here, not the people who want him to be remembered.
You have a wonderful way of explaining things in plain language without necessarily dumbing it down. Thank you for your service!
As for predictions 🤔... "The difference between tax avoidance and tax evasion is the thickness of a prison wall." HOWEVER, "His calls for justice were lost at the mercy of the wind and human indifference."
"The hardest thing in the world to understand is income taxes." Sooooo, 🤷♀️
Thank you for a very clear insight into the case, it was much appreciated.
"Or for trump organization accountants, learn accounting for the first time!" Absolutely savage, I love it!
So easy even a graduate of Trump University can learn it.
I assume they will lose, since we have seen that they only hire lawyers based on how "loud" they are, not on how good they are at their jobs.
So Ronnie Oneal should expect a call any day now...
Jackie Chiles.
Better call Saul.
just scream untill you win. AKA the Jeanine Pirro approach.
@@snowthelegowolf4230 “If the facts are against you, argue the law. If the law is against you, argue the facts. If the law and the facts are against you, pound the table and yell like hell” - Carl Sandburg
These ad segues are 🔥🔥🔥
Man i love all the jabs you mixed into the plug. A+ content
Yeah, keeping two sets of books is a rookie move
Enron has entered the chat.
I keep atleast a dozen
What books? Am I supposed to keep records? There is a reason corporations hire shredding companies.
Keeping accurate books is essential to the running of any organization, but if you're running some kind of fraud then your "real" books shouldn't be available to end up in court.
Dudebro made a million dollars a year and still felt the need to cheat on is taxes.
I love how the Skillshare promo was just a thinly veiled way to roast Trump and his employees for 51 seconds.
HAH YEET. cheers toh man. thnaks a ton for the full video and info. cant wiat ot see what drama the future will hold ez
So short version is "There were two sets of books and they found the other set"?
Seriously, if you're keeping two sets of books, a) you're definitely breaking the law and b) you're probably going to get caught sooner or later.
Seriously, don't keep two sets of books.
Criminals: "B-b-but then how will I keep track if my fellow criminals are swindling me (they all point at each other), while I do tax evasion with them!?"
Isnt that double entry bookkeeping? 🥸
@@user-nf9xc7ww7m Double-entry refers to how transactions are entered in a set of books - every transaction is recorded to two different accounts, thus the books need to “balance.” For example, if you spend $10 on groceries, you have $10 deducted from your bank account, and $10 added to an account called “grocery expense.” Two entries, see? It helps you double check that you didn’t make any mistakes, especially in the days before computers.
Two sets of books means you have one set of books that shows the above transaction ($10 from your bank, spent on groceries), and a different set of books that says you spent that same $10 on something else. Maybe you claim it was “medical expenses” for something you got at the pharmacy. That way, depending on who asks, you can say that either you spent $10 on groceries, OR, $10 on medicine, depending on what answer benefits you the most.
@@llamallanaduck I see you took that Skill Share class on criminal accounting
@@justaoldguy8098 Actually I’m just a bookkeeper in real life lol
Best channel on CZcams.
Funny , informative and often unusual.
Keep up the good work.
Booo a long episode! I enjoy your shots. *chuckle* I tease. Keep up the awesome work!
Excellent presentation! Thanx.
This really reminded me of that scene in The Producers when they pull out a ledger titled “Show to the IRS” and the other ledger titled “NEVER show to the IRS”
In before something just like that is actually clearly visible on these documents. ;)
One of the best throw away lines in any show ever :-)
"EH Sarge! look at this! I Found these two Accounting Book! This one says, "SHOW TO THE IRS"!"
"And what's the other one say?"
"NEVER-Show to the IRS!"
Idk if you've already done this but i think it would be really cool if you did a video breaking down the tomes of end license user agreements. Love the videos!
Thanks again for a great explanation and segue to the sponsor plug.
He probably didn't pardon Weisselberg because he always intended to throw him under the bus.
Also would not have helped him much - first, NY crimes are not subject to federal pardon that the president issues, and second, it does not forgive tax debt - at most it could have saved him some federal jail time.
@@bonononchev634 Plus he would have had to lay out the crime to get the pardon, which the state courts could use to plan their case.
@@dracoargentum9783 I don't think the crimes need to be specified but broadly given.
I believe it can also be given to a class of people. Such as after a rebellion.
@@peope1976 This is true. Congress could prevent the states from prosecuting individuals, but that of course would require some level of support.
@@thelight3112 I'm not sure I understand. What I meant was that federal crimes against the US can probably be pardoned with broad strokes.
However. There would have to be a constitutional amendment for the federal lawmakers or government to grant immunity in the jurisdiction of states.
It's all creative accounting until the IRS says it isn't.
Unless there are already laws on the books for such.
“Aggressive”
Or the State Of New York
I totally agree
The skillshare shade is glorious!!!
The sponsorship placement was everything. EVERYTHING. Hahaha! :D
One of the things I find really weird is that these people should typically be able to pay these taxes. And those taxes go to public services that everyone relies on. It seems kind of immoral to not pay them
There is a typo in your comment; you inserted the words 'kind' and 'of' in the last sentence.
@@teemusid yes, but I'm unusually forgiving.
Money and morals don't mix well
Morality is a nebulous thing. Is it unethical? Shit yeah.
This is why trickle down economics doesn't work. Some people do whatever is needed to accumulate money.
"For now, you are protected by the enormity of your stupidity, for a time."
Madame Sebastian, "Notorious" 1946 directed by Hitchcock, with Cary Grant, Ingrid Bergman.
thumbs up for skill share transition. well played, sir
this is one of the best channels on you tube.
I have been waiting for this video. Thanks Legal Eagle for walking us through this complicated process.
This video has one of the best segues into sponsored content I've ever heard 😂
IF LegalEagle had a greatest hits this would be at the top of the list! Good work.