Thread by @mog7546

The lawsuit filed last week by #NewYork Attorney General Barbara Underwood alleges that FOUR OF THE TAX RETURNS #Trump signed contained incorrect statements

Providing false information could lead to “PENALTIES OF PERJURY”

#MOG
#MAGA washingtonpost.com/politics/the-f…

In 2007, 2012, 2013 and 2014, the #Trump Foundation stated that none of its money had been used to benefit Trump or his businesses.

But the New York attorney general found that, in each of those years, Trump had used his charity’s funds to help one of his businesses

#MOG

In the suit, AG accuses #Trump of turning his charity into a tool of his 2016 presidential campaign, despite prohibitions on political activity by nonprofit entities

She also laid out her findings in a letter to the #IRS, suggesting that federal authorities investigate further

It is a felony to knowingly file a false tax return, with potential penalties of up to $100,000 in fines and up to three years in prison.

In rare cases — where prosecutors could prove the falsehood to be deliberate — people have been convicted of signing false tax returns.

#MOG

If federal officials do not pursue a criminal case against #Trump, legal experts said, the tax agency could face its own quandary

Why should other taxpayers be punished for violating the same rules that the president has now been accused of breaking?

#MOG

#Trump’s foundation offered a separate defense:

Clerical errors caused the foundation to make payments it should not have, and Trump knew so little about charity rules that he broke the law without knowing it.