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Trump Cooks Cook, "You're Fired" From Federal Reserve Board


               
2025 Aug 25, 10:41pm   1,503 views  46 comments

by FreeAmericanDOP   follow (9)  



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43   HeadSet   2025 Sep 17, 9:13am  

WookieMan says

This is what Trump went through by giving a lower value.

If you are talking about that Mar-a-Lago lawsuit incident, Trump was called to court because he supposedly OVERVALUED his real assets to get higher collateral.
44   HeadSet   2025 Sep 17, 9:18am  

WookieMan says


Property taxes are reported on 1040's. It's a federal tax law violation.

The IRS does not give a hoot about anything but what you actually paid. The IRS does not get involved in local assessments. Besides, this contradicts your point anyway - if I pay lower property taxes I have less to itemize and I pay MORE to the IRS.
45   MolotovCocktail   2025 Sep 17, 8:21pm  

WookieMan says


Tax evasion is a far bigger issue.


What tax evasion? Federal tax evasion?

WookieMan says


No one has to listen to me because you guys don't know. Property taxes are reported on 1040's. It's a federal tax law violation.


What tax evasion?

Fuck what the hell is wrong with you?

There's no tax law violation if what she reports she paid in property taxes -- and people don't HAVE TO DO SO DESPITE YOUR BULLSHIT OTHERWISE. ONLY IF THEY WANT THE TAX WRITE OFF.

You saying she didn't report the property tax amounts she actually paid? Because that is the only way she can be nailed for misreporting on her federal tax forms.

Everyone! Our PatNet Expert, WookieMan in action! ^^^

Say I get assessed $10k in local property taxes. I only paid $8k and am in arrears for the $2k extra. I report that $8k on my federal form instead of taking the Standard Deduction.

Did I commit federal tax fraud? No. Because I paid what I reported. If I had listed the full $10k even though I paid only $8k, then yes I would be busted if caught.

Are you saying Cook did something like that?

Because all you other bullshit about what the State should have or shouldn't have assessed for her property taxes isn't a federal issue. At all.
46   MolotovCocktail   2025 Sep 17, 8:33pm  

HeadSet says

Besides, this contradicts your point anyway - if I pay lower property taxes I have less to itemize and I pay MORE to the IRS.


See? He lives in a total fantasy alternate world.

It's not just me 'bitching about him' because I don't like some of the opinions he posts. It's his lack of a tether to reality while claiming he is the expert and the rest of us "don't know what we are talking about".

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