Trump Organization fined $1.6 million for tax fraud
Posted on AllSides January 13th, 2023
From The Left
AP Photo/ John Minchillo
Donald Trump’s company was fined $1.6 million Friday as punishment for a scheme in which the former president’s top executives dodged personal income taxes on lavish job perks — a symbolic, hardly crippling blow for an enterprise boasting billions of dollars in assets.
A fine was the only penalty a judge could impose on the Trump Organization for its conviction last month for 17 tax crimes, including conspiracy and falsifying business records.
AllSides Media Bias Rating: Lean Left
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