[Accounting firm Mazars USA, on Monday February 14,] informed the Trump Organization in a letter that it was cutting ties, noting that the financial statements it had prepared with information provided by the company between mid-2011 and June 2020 “should no longer be relied upon.”[Source: Huffington Post]
The mockery is well deserved. But, first, a bit of history:
BITEME.ME, RawStory, and ABC News were all over this nearly five freaking years ago, yet it took Mazars until February of 2022 to get the memo. Could this scandal precipitate the death of Mazars like the Enron scandal did to Arthur Andersen two decades ago? Only time will tell.
The tsunami of sexual assault allegations and swift punishments that have followed the October, 2017, revelations about Harvey Weinstein seem to me like a moral panic. See also tulip mania, Extraordinary Popular Delusions and the Madness of Crowds, and McMartin preschool trial. Also, anyone who didn’t agree with the prevailing view was immediately attacked (see Mayim Bialik, Lindsay Lohan, Donna Karan).
I read a bit of the Paul Manafort indictment. The indictment includes: not registering as a foreign agent and money laundering. While the indictment doesn’t charge Manafort with tax fraud, it does say, “In furtherance of the scheme, MANAFORT used his hidden overseas wealth to enjoy a lavish lifestyle in the United States, without paying taxes on that income.” So will Manafort do some serious time in a federal prison? It’s hard to say. Right after Manafort pleaded not guilty, his attorney, Kevin Downing, said there’s no evidence of collusion between the presidential campaign of Donald Trump and the Russian government. To me. that sounds like Manafort signaling the White House that he’ll keep quiet if the President will grant him a pardon. I see only two problems: 1) Trump is a liar, so Manafort better get his pardon up front; and 2) Manafort will also need a wad of state pardons.
What ever happened to “personal responsibility”? Do the leaders and representatives from Texas expect their voters to pay for their own disaster relief? Naaah. They want the federal government (i.e., you) to pony up.
Source: Hurricane Harvey And The Potential Hypocrisy Of Texas Republicans | HuffPost
It’s no secret that the Bitemaster loathes Airbnb. The latest news on these corporate scum involves their tax avoidance. They’re not alone, of course: All the big guys, like Amazon and Wal-Mart do much the same thing.
Source: Airbnb faces EU clampdown for not paying ‘fair share’ of tax | Business | The Guardian