As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by TheHill.com:
New York state tax officials have launched a review into allegations in a New York Times article that President Trump participated in “dubious” tax schemes in the 1990s that helped him earn additional wealth from his father’s real estate business.
“The Tax Department is reviewing the allegations in the NYT article and is vigorously pursuing all appropriate avenues of investigation,” a spokesman from New York State Department of Taxation and Finance said in an email to The Hill.
The article goes on to state the following:
The statement from the department came just hours after The New York Times published an exhaustive report detailing some of the president’s business dealings.
Among other things, the report said that Trump received the equivalent of $413 million based on questionable tax dealings and that his behavior amount to fraud in multiple cases.
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JUST IN: NY State Tax Dept launches review of Trump’s tax schemes after bombshell NYT article pic.twitter.com/EeoJJwlyli
— The Hill (@thehill) October 2, 2018
President Trump has sold himself as a self-made billionaire but a Times investigation found that he received more than $400 million from his father’s empire, much of it through dubious tax schemes during the 1990s, including instances of outright fraud. https://t.co/CciVkq5mDU
— The New York Times (@nytimes) October 2, 2018