President Trump Indicted on Federal Charges

The #1 community for Gun Owners in Indiana

Member Benefits:

  • Fewer Ads!
  • Discuss all aspects of firearm ownership
  • Discuss anti-gun legislation
  • Buy, sell, and trade in the classified section
  • Chat with Local gun shops, ranges, trainers & other businesses
  • Discover free outdoor shooting areas
  • View up to date on firearm-related events
  • Share photos & video with other members
  • ...and so much more!
  • Ingomike

    Top Hand
    Rating - 100%
    6   0   0
    May 26, 2018
    31,391
    113
    North Central
    “Below is my column in the Hill on release of the final report of the Special Purpose Grand Jury in Georgia. The recommendation for sweeping indictments involving 39 people, including current and former senators, only magnifies fears over political prosecutions. For many of us, the inclusion of figures like the senators reflects a rogue grand jury. However, Rep. Adam Schiff (D., Cal.) insisted that Sen. Lindsey Graham was “lucky” not to be indicted. According to Schiff, Graham calling Georgia officials about the counting or discarding of votes was enough to justify a criminal charge. Presumably, since Graham could be indicted with Trump, Schiff would also consider him eligible to be barred from ever running again for office under the 14th Amendment, as discussed below. It is the “why not” approach to criminal and constitutional law.”


     

    HoosierLife

    Expert
    Rating - 0%
    0   0   0
    Jun 8, 2013
    1,396
    113
    Greenwood
    I’m not 100% in the know on the details here, but I see the left claiming he either lied to the banks or the IRS.

    Overvalued for the banks, but undervalued for tax purposes.

    But aren’t businesses valued on EBITDA (gross profit) and properties based on tax assessed values?

    We purchased a Florida ocean front property in St Augustine with a group of investors a couple years back.

    It was appraised at $12M, but the appraisal didn’t take into account the business, so it was way undervalued and we were able to purchase, get a better appraisal and immediately cash out refi to get the principal back out.

    But if the Tax Man asked us the value of the land, it would have been substantially different than the actual value of the business.

    And most businesses will be sold for 3-5x the annual EBITDA.

    Banks definitely take that into account when you want to borrow money.
     

    miguel

    Grandmaster
    Rating - 100%
    12   0   0
    Oct 24, 2008
    6,831
    113
    16T
    The judge ruled that Trump overvalued his business in NYC but then the judge apparently engaged in grossly under valuating Mar a Lago.
    Here's the "judge"...

    engoron_arthur-Article-201807131927.jpg
     
    Top Bottom