Jump to content

Trump's Tax Returns Subpoenaed by Manhattan DA Cyrus Vance Jr.


Recommended Posts

13 minutes ago, 3rdnlng said:

This is why it is important to keep his tax returns private. People who don't know schitt from shinola will try to analyze things and they will be wrong. They will easily confuse assessed value with appraised value and gross vs. net.


that is what they live for, they are paid a lot of $$ to do so

 

if you aren’t paid to get into his tax returns, that’s a lifestyle as well

 

Link to comment
Share on other sites

2 hours ago, DC Tom said:

 

Occupancy rates and utilization rates are calculated differently for NYC property taxes and loan applications.  :rolleyes:

 

everything is calculated differently in each business

 

and then there's real estate....

 

 

Link to comment
Share on other sites

  • 3 weeks later...
  • 3 months later...
7 minutes ago, Chef Jim said:


What’s the score on these things?  It’s like the Trump administration is the Harlem Globetrotters and the Dems are the Washington Generals    

the beauty of it all is that they just don't learn. they can't seem to comprehend that everytime they pull their schtick, they are steppin' on rakes.

  • Like (+1) 5
Link to comment
Share on other sites

  • 2 months later...

These opinions will be issued tomorrow (last day of court).

I've been hanging out at the SCOTUS blog and have read some interesting takes on what might happen - the guesses seem to roll with Congress is told "no," NYS is told "yes." we shall see.

If Congress wins, his tax records will be posted all over the free world. If NYS wins, his tax records will remain confidential (grand jury). If Trump wins (both) the records remain confidential.

 

  • Thank you (+1) 2
Link to comment
Share on other sites

Vance will determine whether an NYC grand jury can obtain Trump's financial records as part of a criminal investigation.
 

Article II and the Supremacy Clause do not categorically preclude, or require a heightened standard for, the issuance of a state criminal subpoena to a sitting President.
 

"Given these safeguards and the Court's precedents, we cannot conclude that absolute immunity is necessary or appropriate under Article II or the Supremacy Clause. Our dissenting colleagues agree," the chief writes.
 

"Rejecting a heightened need standard does not leave Presidents with 'no real protection.' To start, a President may avail himself of the same protections available to every other citizen."
 

"The arguments here and in the Court of Appeals were limited to absolute immunity and heightened need. The Court of Appeals, however, has directed that the case may be returned to the District Court, where the President may raise further arguments as appropriate."

In a footnote, Roberts notes that the "daylight between our opinion" and the Thomas "dissent" is "not as great as that label might suggest." "We agree that Presidents are neither absolutely immune from state criminal subpoenas nor insulated by a heightened need standard." Here's some key language: "We agree that Presidents may challenge specific subpoenas as impeding their Article II functions."
"And although we affirm while Justice Thomas would vacate, we agree that this case will be remanded to the District Court."
 

End of majority says issue here was limited to absolute immunity and heightened need, and 2d Circuit ordered case returned to District Court for other possible issues. So SCOTUS remands and presumably the case still goes back to 2d Circuit and then District Court.
 

It is by Roberts. The vote is 7-2.

  • Like (+1) 1
  • Thank you (+1) 1
Link to comment
Share on other sites

I fail to see how either congress OR a crusading DA has the right to a citizen's financial information.

 

If the court rules against Trump, then the gloves need to come off and every Democratic member of Congress needs to have the IRS unleashed on them.

 

  • Awesome! (+1) 1
Link to comment
Share on other sites

Mazars asks whether 3 House committees can subpoena Trump's financial records as part of congressional investigations.
 

Again by Roberts, again 7-2: From the syllabus: "The courts below did not take adequate account of the signficant separation of powers concerns implicated by congressional subpoenas for the President's information."
 

When Congress seeks information “needed for intelligent legislative action,” it “unquestionably” remains “the duty of all citizens to cooperate.” Watkins, 354 U. S., at 187 (em-phasis  added).    Congressional  subpoenas  for  information from the President, however, implicate special concerns regarding the separation of powers.  The courts below did not take adequate account of those concerns.  The judgments of the Courts of Appeals for the D. C. Circuit and the Second Circuit are vacated, and the cases are remanded for further proceedings consistent with this opinion.

 

  • Thank you (+1) 1
Link to comment
Share on other sites

 

 

More on the above.............

 

 

 

 

Supreme Court: No presidential “absolute immunity” on grand jury subpoena for Tax Returns, but separation of powers may protect from congressional subpoenas

Two political wins for Trump: Grand Jury case sent back to lower courts where Trump can raise other objections, and for now his accountants do not have to produce financial records to Democrats in Congress.

 

(more…)

 

 

 

Link to comment
Share on other sites

7 minutes ago, Buffalo_Gal said:

These cases were both punted back to lower courts for more litigation.

If NYS does get them eventually, that will be under grand jury, so it will be confidential.

 

Which means it will be leaked shortly thereafter.

  • Like (+1) 1
  • Thank you (+1) 1
Link to comment
Share on other sites

Quote

The Supreme Court on Thursday rejected President Trump’s assertion that he enjoys absolute immunity while in office, allowing a New York prosecutor to pursue a subpoena of the president’s private and business financial records.

If Cohen is right, tax fraud, insurance fraud, out and out fraud (theft), money laundering, Russian influence and others questions can be answered. 

 

 

Link to comment
Share on other sites

2 minutes ago, Tiberius said:

If Cohen is right, tax fraud, insurance fraud, out and out fraud (theft), money laundering, Russian influence and others questions can be answered. 

 

 

Just now, BillStime said:

 

 

 

37 minutes ago, B-Man said:

 

 

More on the above.............

 

 

 

 

Supreme Court: No presidential “absolute immunity” on grand jury subpoena for Tax Returns, but separation of powers may protect from congressional subpoenas

Two political wins for Trump: Grand Jury case sent back to lower courts where Trump can raise other objections, and for now his accountants do not have to produce financial records to Democrats in Congress.

 

(more…)

 

 

 

 

Link to comment
Share on other sites

 

1 minute ago, B-Man said:

 

 

Quick reminder: for those spinning.

 

 

The Supreme Court did NOT rule that President trump had to turn over his tax returns.

 

 

 

Please resume your spin....

 

 

 

??? okay - we learn from the best! ?
 

 

Link to comment
Share on other sites

I think Trump made a mistake in this assuming a POTUS had immunity from investigations while in office. I suppose this was a question that need an answer, however I think moving forward, if he instead uses 4th Amendment right to privacy, and and demand Congress provide probable cause for the investigation, he will still win. Remember, the 4th doesn't have an asterisks that says "except in the case of Congressional claims of oversight".

 

If there is equal justice, there is certainly also equal protections. 

  • Like (+1) 2
  • Thank you (+1) 2
Link to comment
Share on other sites

 

House Democrats get slapped down hard.

SCOTUS Rules Against Trump Over Financial Records, But the President Walks Away the Winner

Somehow, Donald Trump managed to lose the cases revolving around his financial records today but still walk away the winner. How did he manage that feat? As with most things to come out of the Roberts court, it’s complicated and a matter of timing.

 

The first case involved the New York district attorney, an outspoken anti-Trumper who is pursing a clearly political investigation of the President. Mr. Vance sought Trump’s tax returns and other financial records via subpoena. The White House lost that case 7-2, with the majority noting that blanket immunity does not apply in this case to stop the subpoena.

 

But, and this is the important part, the case is being kicked back down to the lower court with a roadmap provided for how to keep the case going.

 

 

What you are seeing here is an invitation by Roberts for the Trump administration to re-challenge the subpoena on different grounds. Though they may also lose that fight in the end, it will not be a fight decided before the election. In other words, Trump has successfully shelved this issue until it will no longer matter politically.

 

I will note that given the implications of this investigation on a personal level, it would behoove the President to actually do a better job of trying to win re-election. If he loses, Vance is not going to lose interest. He’s going to do everything he can to “take down” Trump, even out of the White House. Trump will also lose some of the arguments against the subpoena if he becomes a private citizen in early 2021.

 

The second decision is also technically a “loss” for Trump, but only in the most narrow terms. In reality, Nancy Pelosi, Jerry Nadler, and House Congress get slapped down hard by SCOTUS, with not even the liberals of the court agreeing that their fishing expedition is proper.

 

 

 

 

Link to comment
Share on other sites

3 minutes ago, Cinga said:

I think Trump made a mistake in this assuming a POTUS had immunity from investigations while in office. I suppose this was a question that need an answer, however I think moving forward, if he instead uses 4th Amendment right to privacy, and and demand Congress provide probable cause for the investigation, he will still win. Remember, the 4th doesn't have an asterisks that says "except in the case of Congressional claims of oversight".

 

If there is equal justice, there is certainly also equal protections. 


Not an attorney, and I do not play one on the internet... reading the decision, Congress was smacked around a lot. That one is unlikely to fly.

The NYS one appears more troublesome for Trump.

 

Link to comment
Share on other sites

4 minutes ago, Buffalo_Gal said:

The NYS one appears more troublesome for Trump.

 

Unfortunately for Trump the NYS one carries much more weight. 

 

If congress gets the tax records and finds something wrong the worst outcome is impeachment. When Vance gets the tax records and finds something wrong the worst outcome is prison.

Link to comment
Share on other sites

4 minutes ago, wAcKy ZeBrA said:
10 minutes ago, Buffalo_Gal said:

The NYS one appears more troublesome for Trump.

 

Unfortunately for Trump the NYS one carries much more weight. 

 

If congress gets the tax records and finds something wrong the worst outcome is impeachment. When Vance gets the tax records and finds something wrong the worst outcome is prison.

 

There is still the probable cause issue. Doesn't matter if it's NY or Congress, you still MUST HAVE probable cause to subpoena records. You don't start an investigation in the hopes of finding something.  

  • Like (+1) 3
Link to comment
Share on other sites

1 minute ago, Cinga said:

 

There is still the probable cause issue. Doesn't matter if it's NY or Congress, you still MUST HAVE probable cause to subpoena records. You don't start an investigation in the hopes of finding something.  


Agreed. Now, will the SC see it that way? You know this ends up back there at some point.

 

Link to comment
Share on other sites

2 minutes ago, Cinga said:

 

There is still the probable cause issue. Doesn't matter if it's NY or Congress, you still MUST HAVE probable cause to subpoena records. You don't start an investigation in the hopes of finding something.  

 

I believe there is probable cause for the Vance case. Trump is identified as Individual 1, correct?

Link to comment
Share on other sites

You've chosen to ignore content by Tiberius. 
You've chosen to ignore content by BillStime. 
You've chosen to ignore content by BillStime. 
You've chosen to ignore content by Tiberius.
You've chosen to ignore content by BillStime. 

You've chosen to ignore content by wAcKy ZeBrA.

 

 

3c1be9e0-e025-4fd0-a088-ff7c3fe94ab4_1.ad3275e336ce6ee3b9084a3c01defb52.jpg

Yummy

Edited by Unforgiven
Link to comment
Share on other sites

×
×
  • Create New...