President Trump is Being Investigated for Potential Tax Fraud by New York State

Thursday, October 4, 2018

According to multiple news outlets including The Hill and the Guardian, New York state tax officials have launched an investigation into allegations made by the New York Times. On October 2ed the New York Times published an eight-page report that dove into tax documents obtained from the Trump organization. In the report by the NYT, they claimed that the president used “dubious tax schemes” to avoid paying taxes on what amounts to $413 million in today’s dollars. It also accuses the president of helping his parents avoid taxes. A New York State Department of Taxation and Finance spokesman told The Hill, “The Tax Department is reviewing the allegations in the NYT article and is vigorously pursuing all appropriate avenues of investigation.” In response to the allegations Tump’s lawyer Charles Harder, stated, “The New York Times’s allegations of fraud and tax evasion are 100 percent false, and highly defamatory.”

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