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Trump Takes the Fifth

That's exactly right. Rich people fight. They don't want protracted litigation. They want people who lack resources to settle.
This is a great example of Democrats blowing huge holes in the side of the Republican tent...leaving gaping openings for people like me to stroll on in. I probably will...but am I allowed in if I'm not going to vote for Trump? Do I need to just be quiet about that?

Agree with everything you're saying on this though. Its ridiculous, its not fixing the root causes, its dumb politically...
 
Yes that makes sense . Lol Why would the government go after small businesses?
Ask them because that is what they are doing. I know you are a good little soldier goose stepping along with fuhrer Biden but try some independent thought for once. MM66 is spot on , they are going after people don't have the resources to fight them. That is already what they do, Intimidation.

The democrat way, tell us what kind of car to drive, how to heat our homes, what job we should have , what we should eat and so on and so forth.
 
This is a great example of Democrats blowing huge holes in the side of the Republican tent...leaving gaping openings for people like me to stroll on in. I probably will...but am I allowed in if I'm not going to vote for Trump? Do I need to just be quiet about that?

Agree with everything you're saying on this though. Its ridiculous, its not fixing the root causes, its dumb politically...
I just wish there was a viable third option
 
I think we need to reform the tax code. Punishing small business with this burden is bad timing. They aren't going after billionaires. They're jumping over dollars to chase pennies. And the timing isn't great. Inflation is bad. My little downtown looks absolutely awful. It's totally dead. Entire blocks with only one or two stores open. The rest all out of business. And I'm in the "good" part of town
Exactly and since it isnt a simple code people can make mistakes, accountants can make mistakes , it changes all the time and people just getting by running the rest of a business and then dealing with that. Just like I said on sales tax so spending a grand a yr to send the state sales tax that had been taking care of for yrs but they got some new system and I talked to several other that had problems. You can't just send it in anymore with papers so required to have a computer to do it and then when it doesnt work right you get stuck with penalties.
 
Exactly and since it isnt a simple code people can make mistakes, accountants can make mistakes , it changes all the time and people just getting by running the rest of a business and then dealing with that. Just like I said on sales tax so spending a grand a yr to send the state sales tax that had been taking care of for yrs but they got some new system and I talked to several other that had problems. You can't just send it in anymore with papers so required to have a computer to do it and then when it doesnt work right you get stuck with penalties.
Miserable.
 
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Back to original topic, wonder why Trump kept taking the Fifth Amendment? He told us that was only for the guilty. One would think he’d want to clear his name from at least one of his multiple investigations. If he was innocent, that is…
 
I just wish there was a viable third option
There is stuff I dont even think about attempting to deduct that could likely be but just not worth it. They will have such a mess on their hands if they push this.

I have a feeling it isnt going to happen/last long under current proposal but wont help the people it ruins first. It doesnt take a lot of extra expense to tip the scales for a lot of small mom and pop type business.
 
Back to original topic, wonder why Trump kept taking the Fifth Amendment? He told us that was only for the guilty. One would think he’d want to clear his name from at least one of his multiple investigations. If he was innocent, that is…
You have already proven him guilty of everything possible so why would he bother ? Are you upset he is using his Constitutional right?
 
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Back to original topic, wonder why Trump kept taking the Fifth Amendment? He told us that was only for the guilty. One would think he’d want to clear his name from at least one of his multiple investigations. If he was innocent, that is…

The true believers won't be swayed, of course, but for those with a modicum of sense but who are willing to give Trump the benefit of the doubt... this can't look good.
 
There is stuff I dont even think about attempting to deduct that could likely be but just not worth it. They will have such a mess on their hands if they push this.

I have a feeling it isnt going to happen/last long under current proposal but wont help the people it ruins first. It doesnt take a lot of extra expense to tip the scales for a lot of small mom and pop type business.
Who knows. I'm lowering my expectations for Nov. I mean the Repubs are so bad we are losing to a guy in oversized sweatshirts who had an allowance well into his 40s. I couldn't believe about this fetterman guy when i read about his background. What a joke. And he's supposed to appeal to the "working man." Absurd. And that doesn't even speak to the stroke.
 
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It wont happen over night, I hope they have more than a weekend shoot at a turkey range to carry weapons. They can't get competent people now , where do they plan on finding these people? The scary part is what they will find. You have to be a pretty low form of life on the totem pole to want to work for the IRS. its worse than internal affairs on the police. I will bet next President it will be nixed. There will be a lot of outrage. I have no figures but will stand by my assertion that a much higher % of small business lean Republican in elections already.
 
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Back to original topic, wonder why Trump kept taking the Fifth Amendment? He told us that was only for the guilty. One would think he’d want to clear his name from at least one of his multiple investigations. If he was innocent, that is…
More of the same bullshit today from the great conman - - he's the target of an unfounded, politically motivated witch hunt. Accordingly, he had no choice but to plead the Fifth. Hilarious.

But this is new and immediately one of my favorite DJT quotes: "The current administration and many prosecutors in the country have lost all moral and ethical bounds of decency." Morals? Ethics? Decency? Really? He doesn't know the meaning of the words, and those are traits that will never be attributed to him.
 
Who knows. I'm lowering my expectations for Nov. I mean the Repubs are so bad we are losing to a guy in oversized sweatshirts who had an allowance well into his 40s. I couldn't believe about this fetterman guy when i read about his background. What a joke. And he's supposed to appeal to the "working man." Absurd. And that doesn't even speak to the stroke.
So are we upset when people go into politics to grift and live off the public teat? Or do we value someone who goes into public service and serves as a Mayor even when the salary is so low that they need to supplement it by other means? Some one has to be Mayor of Braddock, but I'm pretty sure that Fetterman didn't choose the applicable wage he wanted them to pay him.

I mean he is a Harvard Kennedy School grad, so at the very least I'm sure he could have earned a few extra bucks as a lawyer. It would appear that he was prepared to sacrifice some degree of his own personal wealth and comfort to work as a public servant. So Fetterman getting small loans from within his family to subsidize the salary he was paid as Mayor is somehow a problem, but Trump getting $$ Millions from Fred to set him up for life or Oz getting a huge windfall from his wife's family (to supplement his major grift) are not an issue?

I mean I can understand why an idiot like OZ would fail to see the hypocrisy inherent in trying to label Fetterman a free loader, but why would you fall for it.? He has faced voters before, so it's not like his story has never been revealed. He makes a lot more money in his role of Lt Governor than Mayor of Braddock (I assume), but he never moved into the official residence and continues to live in Braddock rather than Harrisburg. So I'm not exactly sure WHY he wouldn't appeal to the working man. I didn't follow the 2018 Governor's race in PA, but something tells me his actions in 2018 were pretty much in line with how he's run this race...

And as I understand it, his stroke was related to a cardiac situation which is why he had the ICD implanted. I had my heart attack in 1994 when I was 39, and ended up with a quad bypass. My cardiologists tell me I had a great surgeon, because the grafts have held up extremely well and I have not needed any stints or other intrusive therapies.

But I did suffer pretty extensive damage to the heart itself, due to my lifelong fear of doctors and failure to get to the hospital in a timely manner. So back around 20 or so years ago I started to develop heart failure, and had an ICD implanted around 20113. Considering Senate terms are only 6 yrs, I feel pretty good about Fetterman's chances to survive at least 1 elected term, based on the fact that he likely didn't suffer any damage to his heart and never had an actual heart attack. He could face a choice when it comes time to decide on running for re-election, but I'm guessing he's in overall better medical shape than I was...
 
So are we upset when people go into politics to grift and live off the public teat? Or do we value someone who goes into public service and serves as a Mayor even when the salary is so low that they need to supplement it by other means? Some one has to be Mayor of Braddock, but I'm pretty sure that Fetterman didn't choose the applicable wage he wanted them to pay him.

I mean he is a Harvard Kennedy School grad, so at the very least I'm sure he could have earned a few extra bucks as a lawyer. It would appear that he was prepared to sacrifice some degree of his own personal wealth and comfort to work as a public servant. So Fetterman getting small loans from within his family to subsidize the salary he was paid as Mayor is somehow a problem, but Trump getting $$ Millions from Fred to set him up for life or Oz getting a huge windfall from his wife's family (to supplement his major grift) are not an issue?

I mean I can understand why an idiot like OZ would fail to see the hypocrisy inherent in trying to label Fetterman a free loader, but why would you fall for it.? He has faced voters before, so it's not like his story has never been revealed. He makes a lot more money in his role of Lt Governor than Mayor of Braddock (I assume), but he never moved into the official residence and continues to live in Braddock rather than Harrisburg. So I'm not exactly sure WHY he wouldn't appeal to the working man. I didn't follow the 2018 Governor's race in PA, but something tells me his actions in 2018 were pretty much in line with how he's run this race...

And as I understand it, his stroke was related to a cardiac situation which is why he had the ICD implanted. I had my heart attack in 1994 when I was 39, and ended up with a quad bypass. My cardiologists tell me I had a great surgeon, because the grafts have held up extremely well and I have not needed any stints or other intrusive therapies.

But I did suffer pretty extensive damage to the heart itself, due to my lifelong fear of doctors and failure to get to the hospital in a timely manner. So back around 20 or so years ago I started to develop heart failure, and had an ICD implanted around 20113. Considering Senate terms are only 6 yrs, I feel pretty good about Fetterman's chances to survive at least 1 elected term, based on the fact that he likely didn't suffer any damage to his heart and never had an actual heart attack. He could face a choice when it comes time to decide on running for re-election, but I'm guessing he's in overall better medical shape than I was...
Sorry to hear about your health conditions cosmic. stay strong. as for fetterman earning a few extra bucks as a lawyer he'd have to go to law school first. Kennedy at harvard is a public policy school. grad school. you get an ma, mpa, or mpp. it's not law. as for mayor if that's all it paid it probably wasn't intended as a full time gig. not unlike many state rep jobs. it's not intended to be your full time job. it's intended to be something you do "as a service" while working a regular job. he's a middle aged man getting an allowance from his parents. why on earth would any "working man" vote for him. men who are laying asphalt in the heat, roofing, working on a highway, doing actual work while he was at kennedy and then taking jobs that likely aren't even intended to be full time so he had his parents subsidize. it's a joke. does that sound like someone a working man would relate to? You think cray relates to him? Victormyboy? Hillzhoosier. Please. might as well run cato kaelin. is he still around?

as for your whatabouts of course we are upset when people are opportunistic and parlay "public service" to enrich themselves.
 
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Explain it then. What is the right level of IRS enforcement. I have lots of friends that own businesses. The majority stretch the tax code and their subsequent effective tax rate is artificially low. They roll the dice knowing an audit is unlikely.

Meanwhile, a Corporate guy like me maxes out his 401k and the wife's 493b to try and limit our tax hit. The IRS will get that back when I retire.
Not a tax expert but if don't have to cash out and you take the annual required withdrawal it can keep taxes reasonable. Worry more about the parts of your old body that don't work anymore. :)
 
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Sorry to hear about your health conditions cosmic. stay strong. as for fetterman earning a few extra bucks as a lawyer he'd have to go to law school first. Kennedy at harvard is a public policy school. grad school. you get an ma, mpa, or mpp. it's not law. as for mayor if that's all it paid it probably wasn't intended as a full time gig. not unlike many state rep jobs. it's not intended to be your full time job. it's intended to be something you do "as a service" while working a regular job. he's a middle aged man getting an allowance from his parents. why on earth would any "working man" vote for him. men who are laying asphalt in the heat, roofing, working on a highway, doing actual work while he was at kennedy and then taking jobs that likely aren't even intended to be full time so he had his parents subsidize. it's a joke. does that sound like someone a working man would relate to? You think cray relates to him? Victormyboy? Hillzhoosier. Please. might as well run cato kaelin. is he still around?

as for your whatabouts of course we are upset when people are opportunistic and parlay "public service" to enrich themselves.
I realized the Kennedy school was for business, but thought I'd leave it in as sort of a subtle dig at lawyers...I think he got a loan from his folks of around $50,000 which was no doubt fodder in the 2018 ad war when he ran for Lt Governor. But I'm fairly certain that after winning the LT Governorship he'd be making enough $$ to be able to pay his folks back whatever amount they deemed he owed. Not really any different than kids whose parents pay for college, house etc... The problem for OZ is that this was all likely publicly litigated in 2018, which Oz might known if he hadn't been living in NJ and floating from among his 9 other mansions at the time...

You're really stretching here if the implication is somehow that Oz "relates" to blue collar people and Fetterman doesn't. Fetterman came from privilege, as his father built a successful insurance business. His parents were both Conservative republicans and he played college football for 4 yrs at Albright his fathers alma mater, prior to going to UCONN for his MBA.

While at UCONN a close friend's death caused him to re-evaluate his life and alter his plans to join the family business. He joined Big Brothers and Americorps and started teaching kids how to prepare for the GED. He was working as an insurance adjustor and decided to go to Kennedy for his MPP, and then seemed to throw himself into urban renewal after graduating. In 2004 he moved to Braddock a once booming steel town that had been declared a financially distressed municipality in 1988. He became the part time Mayor (paid $150/mo), but his actual job (also low paying) was as the director of the city's Youth Services program.

One of his achievements was to found a non-profit (Braddock Redux) whose goal was to but up and renovate/save properties and repurpose them for the town's use. One of his purchases was an old church which he purchased for $50,000 and after living in the basement for a while he turned it into the town's community center. He has many tattoos but the two that seem to stand out the most are the zipcode of Braddock on one arm and the listed dates of the 9 murders which occurred in the town over the 13 yr period he was Mayor on the other. That decline represented a major shift in the crime/murder rate, and he seems particularly proud of that accomplishment...




The Lt Governor has to go thru a primary process to win the nomination in PA, and when he ran in 2018 he had the endorsement of Bernie, Ed Rendell and Bill Peduto who would all be described as pro-worker in the context of PA politics. He actually ran in the 2016 Senate primary and lost when his name recognition was non-existent and he had no funding. But two years laterhe ran away with the Lt Governor race,and this year he beat a guy I actually like (Connor Lamb) because he advocated workers issues like $15 min wage and medicare for all. He's more pro-Israel than I am, and there are other issues I might personally disagree on, but in retrospect he is the best choice over Lamb, despite his atrial fibrillation...


Oz's worker ethos on full display...At a grocery store in New Jersey, with a film crew... "shopping" for crudite?






There was no whataboutism in my post. Simply pointing out that the same people who contend that politicians are living off the public dole turn around and criticize a guy like Fetterman for doing the exact opposite.If he borrowed money from his folks as Mayor and his other duties, he could have easily worked at a different occupation and made a lot of money if that was his goal. it's like damned if you do and damned if you don't with the folks I was referencing, and in this case I don't think I intended that to mean you.
 
I realized the Kennedy school was for business, but thought I'd leave it in as sort of a subtle dig at lawyers...I think he got a loan from his folks of around $50,000 which was no doubt fodder in the 2018 ad war when he ran for Lt Governor. But I'm fairly certain that after winning the LT Governorship he'd be making enough $$ to be able to pay his folks back whatever amount they deemed he owed. Not really any different than kids whose parents pay for college, house etc... The problem for OZ is that this was all likely publicly litigated in 2018, which Oz might known if he hadn't been living in NJ and floating from among his 9 other mansions at the time...

You're really stretching here if the implication is somehow that Oz "relates" to blue collar people and Fetterman doesn't. Fetterman came from privilege, as his father built a successful insurance business. His parents were both Conservative republicans and he played college football for 4 yrs at Albright his fathers alma mater, prior to going to UCONN for his MBA.

While at UCONN a close friend's death caused him to re-evaluate his life and alter his plans to join the family business. He joined Big Brothers and Americorps and started teaching kids how to prepare for the GED. He was working as an insurance adjustor and decided to go to Kennedy for his MPP, and then seemed to throw himself into urban renewal after graduating. In 2004 he moved to Braddock a once booming steel town that had been declared a financially distressed municipality in 1988. He became the part time Mayor (paid $150/mo), but his actual job (also low paying) was as the director of the city's Youth Services program.

One of his achievements was to found a non-profit (Braddock Redux) whose goal was to but up and renovate/save properties and repurpose them for the town's use. One of his purchases was an old church which he purchased for $50,000 and after living in the basement for a while he turned it into the town's community center. He has many tattoos but the two that seem to stand out the most are the zipcode of Braddock on one arm and the listed dates of the 9 murders which occurred in the town over the 13 yr period he was Mayor on the other. That decline represented a major shift in the crime/murder rate, and he seems particularly proud of that accomplishment...




The Lt Governor has to go thru a primary process to win the nomination in PA, and when he ran in 2018 he had the endorsement of Bernie, Ed Rendell and Bill Peduto who would all be described as pro-worker in the context of PA politics. He actually ran in the 2016 Senate primary and lost when his name recognition was non-existent and he had no funding. But two years laterhe ran away with the Lt Governor race,and this year he beat a guy I actually like (Connor Lamb) because he advocated workers issues like $15 min wage and medicare for all. He's more pro-Israel than I am, and there are other issues I might personally disagree on, but in retrospect he is the best choice over Lamb, despite his atrial fibrillation...


Oz's worker ethos on full display...At a grocery store in New Jersey, with a film crew... "shopping" for crudite?






There was no whataboutism in my post. Simply pointing out that the same people who contend that politicians are living off the public dole turn around and criticize a guy like Fetterman for doing the exact opposite.If he borrowed money from his folks as Mayor and his other duties, he could have easily worked at a different occupation and made a lot of money if that was his goal. it's like damned if you do and damned if you don't with the folks I was referencing, and in this case I don't think I intended that to mean you.
There is absolutely no comparing Oz to Fetterman in terms of accomplishments. None. And Kennedy isn't business. It's public policy/administration. I have no idea why you think Fetterman could make money. There is no more worthless degree than a master's in public policy. i have one. trust me. and i never said oz could relate to the working man. but comparing oz to fetterman is a joke. oz was in the turkish army. graduated from harvard. played on the football team at harvard. got his medical degree from penn and an mba from wharton. he was the class president. became a professor in the medical school at columbia. performed a heart transplant on joe torre's bro. now oz is goofy as hell and no one i want in office but his accomplishments are infinitely better than fetterman who occupied goofy public service gigs while living off an allowance as a middle aged man. i trust a guy like that has little regard for those who do earn their own living and work their asses off. let me guess he'll be a progressive who likes to take earners' money and redistribute it to people who wear oversized sweatshirts and don't have to work their asses off to support a family. Shocker. He'll get along great with stay at home pete
 
More of the same bullshit today from the great conman - - he's the target of an unfounded, politically motivated witch hunt. Accordingly, he had no choice but to plead the Fifth. Hilarious.

Interestingly, Jr. and Ivanka testified recently in the same case and did not invoke the 5th. I have no idea what, if anything, that might mean, but it's interesting to me all the same.
 
Interestingly, Jr. and Ivanka testified recently in the same case and did not invoke the 5th. I have no idea what, if anything, that might mean, but it's interesting to me all the same.
I can’t find anything interesting about any of those people. What is it you’re seeing?
 
It’s hard enough to find people willing to work 40 hrs a week these days.
These Jobs may go begging

True , there is a certain type that the power attracts though. Same with cops and those are usually the bad ones. But I agree and on top of it there really isnt much you can do and be a lower life form than be an IRS agent. What kind of person aspires to do that for a job? Its like internal affairs are to cops.
 
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Back to original topic, wonder why Trump kept taking the Fifth Amendment? He told us that was only for the guilty. One would think he’d want to clear his name from at least one of his multiple investigations. If he was innocent, that is…
Men, is there anything more appealing than a woman with confidence? She’s a keeper I tell ya!
 
There is absolutely no comparing Oz to Fetterman in terms of accomplishments. None. And Kennedy isn't business. It's public policy/administration. I have no idea why you think Fetterman could make money. There is no more worthless degree than a master's in public policy. i have one. trust me. and i never said oz could relate to the working man. but comparing oz to fetterman is a joke. oz was in the turkish army. graduated from harvard. played on the football team at harvard. got his medical degree from penn and an mba from wharton. he was the class president. became a professor in the medical school at columbia. performed a heart transplant on joe torre's bro. now oz is goofy as hell and no one i want in office but his accomplishments are infinitely better than fetterman who occupied goofy public service gigs while living off an allowance as a middle aged man. i trust a guy like that has little regard for those who do earn their own living and work their asses off. let me guess he'll be a progressive who likes to take earners' money and redistribute it to people who wear oversized sweatshirts and don't have to work their asses off to support a family. Shocker. He'll get along great with stay at home pete
I agree and nice to see you back
 
There is absolutely no comparing Oz to Fetterman in terms of accomplishments. None. And Kennedy isn't business. It's public policy/administration. I have no idea why you think Fetterman could make money. There is no more worthless degree than a master's in public policy. i have one. trust me. and i never said oz could relate to the working man. but comparing oz to fetterman is a joke. oz was in the turkish army. graduated from harvard. played on the football team at harvard. got his medical degree from penn and an mba from wharton. he was the class president. became a professor in the medical school at columbia. performed a heart transplant on joe torre's bro. now oz is goofy as hell and no one i want in office but his accomplishments are infinitely better than fetterman who occupied goofy public service gigs while living off an allowance as a middle aged man. i trust a guy like that has little regard for those who do earn their own living and work their asses off. let me guess he'll be a progressive who likes to take earners' money and redistribute it to people who wear oversized sweatshirts and don't have to work their asses off to support a family. Shocker. He'll get along great with stay at home pete
He could have made money by going into partnership with his Dad. He has an MBA, prior to getting his MPP from Harvard...I mean didn't Trump start out by working in and then inheriting his father's business?

None of Oz's accomplishments, the same as Herchel's are in any way qualifying for making public policy. Hell Herschel can't even put a coherent sentence together. But back to OZ...

I would never claim that everything Fetterman has done is altruistic, but he has displayed a genuine desire to improve the lives of people in his home state either as a Mayor/Civic leader in Braddock or as Lt Governor for the entire state since he first ran for office in Braddock in 2006. The fact that he did it while NOT seeking to personally enrich himself is even more admirable, imho...

The ironic thing about Oz's blistering call out before the Senate over his promotion of false medical cures was that the attack on Oz was led by (former) NV GOP Senator Dean Heller, who just lost in the Gubernatorial Primary to a Trump-endorsed challenger. I've already predicted the Dems will emerge from Nov with at least a 3 seat (possibly more) Senate majority and been called out by that adept political analyst bailey or 777 or whoever, so no need to modify my opinion now.

I think Rick Scott's appearance on Face the Nation this past Sun when he couldn't even bring himself to endorse his own Senate candidates as people he would hire for his own business is pretty telling and points out exactly why things in the Senate have begun to heavily shift toward the Dems. And she didn't even hit the election denying crazy of Masters, or some of the other wackos running, Although she did throw out a sly comment or two on accepting Nov results...

Lots of half hearted damage control here from the person who prior to a hastily arranged exit was CEO of the Company forced to pay out the largest medicare fraud penalty in history. I'd say he's not happy with this Klown car circus of candidates, but hey, judge for yourself (7 min mark)...




And after Scott only reluctantly dropped his "everyone should pay taxes" mantra after even Mitch and every other GOP Senator threatened to skin him alive, it sure is strange to hear him whine about corporations with an income over a $ Billion being forced to pay some minimum tax in conjunction with the IRA...

I don't think he even believes his own BS in that video...

 
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None of Oz's accomplishments, the same as Herchel's are in any way qualifying for making public policy. Hell Herschel can't even put a coherent sentence together.
Have you listened to our current President recently?
 
More of the same bullshit today from the great conman - - he's the target of an unfounded, politically motivated witch hunt. Accordingly, he had no choice but to plead the Fifth. Hilarious.

But this is new and immediately one of my favorite DJT quotes: "The current administration and many prosecutors in the country have lost all moral and ethical bounds of decency." Morals? Ethics? Decency? Really? He doesn't know the meaning of the words, and those are traits that will never be attributed to him.
I think Michael Cohen nailed exactly why Trump took the 5th. And it's interesting to hear him point out the role the info he provided has played in this case going forward and what the 5th does and does not mean in a civil case. After all he is a lawyer, and Trump hired him for his legal expertise...

 
I think Joe B. and his son will be there before DT.
The US Attorney in Delaware is reportedly investigating Hunter, and I think he's probably in deep shit.

I"m not aware of any evidence that his dad has committed a crime. What info do you have?
 
I think Michael Cohen nailed exactly why Trump took the 5th. And it's interesting to hear him point out the role the info he provided has played in this case going forward and what the 5th does and does not mean in a civil case. After all he is a lawyer, and Trump hired him for his legal expertise...

Cohen? Hahaha 😆. Has your Holy Spirit weighed in yet or is he too busy taking it from behind in his prison cell?
 
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Explain it then. What is the right level of IRS enforcement. I have lots of friends that own businesses. The majority stretch the tax code and their subsequent effective tax rate is artificially low. They roll the dice knowing an audit is unlikely.

Meanwhile, a Corporate guy like me maxes out his 401k and the wife's 493b to try and limit our tax hit. The IRS will get that back when I retire.
Yeah I don't see how they are gonna get much money out of a person who works at a company. Places are required to send W-2s. 1099s, etc to the IRS so if you don't report them they are gonna remind you. And the standard deduction is like $25,000 per couple so most people are not gonna go over that so they are gonna go after small businesses and people that are self employed.

I've always read that they have a point system and if you go over a certain number of points it's flagged for an audit. For example, they know what the average person (with a certain salary) donates to charity so if a person has a lot higher deduction for donations then they are assigned a certain number of points. If you claim a room in your house as an office then that's a red flag to them. All my income is reported on forms so they have all that. The only thing they could question with me is I am old enough to make QCD donations and I keep really good records for that.

They don't have a lot of luck going after the really rich because they are outgunned as far as lawyers and CPAs.
 
I think Michael Cohen nailed exactly why Trump took the 5th. And it's interesting to hear him point out the role the info he provided has played in this case going forward and what the 5th does and does not mean in a civil case. After all he is a lawyer, and Trump hired him for his legal expertise...

And let's not forget that Donald Trump is not the only Trump to have taken the Fifth Amendment hundreds of times:

 
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