Donald Trump Sounds Pretty Panicked About Spending His Twilight Years Behind Bars - Vanity Fair

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He’s sued his niece and The New York Times, whose reporting has become part of New York prosecutors’ investigations into his financial dealings, for $100 million.

By Bess Levin

September 22, 2021

Of all the journalism that emerged from Donald Trump’s time in office, some of the most damning was a series of articles from The New York Times detailing how the president had inherited millions from his father largely through suspect tax schemes, ripped off tenants while lining his pockets, and, for a number of years, paid less in taxes than people living below the poverty line. When the stories, which relied on tax documents obtained by Trump’s niece, Mary Trump, were published in 2018 and 2020, the president was characteristically apoplectic. His lawyers vehemently denied the allegations, insisting that “most, if not all, of the facts appear to be inaccurate,” and claiming that “there was no fraud or tax evasion by anyone.” If there was, however, Trump had “virtually no involvement whatsoever with these matters,” as the “affairs were handled by other Trump family members who were not experts themselves.”

At the time, though, Trump was busy with other matters, such as letting Saudi Arabia get away with murdering a U.S. resident and, later, laying the groundwork to claim the 2020 election was stolen from him. Now he’s got more time on his hands. And as his legal outlook grows dimmer and dimmer, he’s decided to revisit the issue.

Per NBC News:

Former president Donald Trump filed a $100 million lawsuit Tuesday against his estranged niece, Mary Trump, and The New York Times, claiming they conspired to obtain his tax returns for the paper’s...story on his undisclosed finances. The lawsuit asserts that Mary Trump and three Times reporters—Susanne Craig, David Barstow, and Russell Buettner—were engaged in what the suit calls an “insidious plot” and an “extensive crusade” to obtain Trump’s taxes. “The defendants engaged in an insidious plot to obtain confidential and highly-sensitive records which they exploited for their own benefit and utilized as a means of falsely legitimizing their publicized works,” the lawsuit claims.

Craig, Barstow, and Buettner received a Pulitzer Prize in 2019 for explanatory reporting for their series of stories, which provided the public with an unprecedented look at Trump’s finances. Mary Trump has said she released Trump’s tax returns to the Times in her best-selling 2020 book about her uncle, Too Much and Never Enough: How My Family Created the World’s Most Dangerous Man, and in media interviews, which the lawsuit notes. 

The suit was filed in New York State court in Dutchess County, which is where lawyers for the president’s late brother Robert Trump filed an unsuccessful claim to stop the publication of Mary Trump’s book. The 27-page suit alleges [Craig] “relentlessly sought out his niece…and convinced her to smuggle the records out of her attorney’s office and turn them over to The Times.” It added, “Craig, aware that the documents had been derived from the litigation proceedings of the Estate Actions, directed Mary Trump to retrieve the documents from the office of her prior attorney for the Estate Actions, Farrell Fritz, and to ‘smuggle’ them out.”

Additionally, the suit accuses Mary Trump of violating a confidentiality agreement barring her from publicly releasing the details of the family’s finances, claiming Trump’s niece and the reporters were “motivated by a personal vendetta and their desire to gain fame, notoriety, acclaim and a financial windfall” and to “advance their political agenda.”

One key detail that the suit doesn’t mention is that last November, the offices of the New York attorney general and Manhattan district attorney expanded their probes into Trump and his businesses to include suspicious tax write-offs on millions of dollars in consulting fees, some of which, according to a 2020 Times story, appeared to have been paid to Ivanka Trump. That story showed that the “very rich” real estate developer had managed to reduce his taxable income by deducting approximately $26 million in fees to “consultants” as business expenses between 2010 and 2018. While the consultants’ identities were not listed on tax records, some of the fees definitely looked like they’d been paid to his favorite child. As the Times reported:

On a 2017 disclosure [Ivanka Trump] filed when joining the White House as a presidential adviser, she reported receiving payments from a consulting company she co-owned, totaling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Hawaii and Vancouver, British Columbia.

The subpoenas were focused on fees paid to the firm on her disclosures, TTT Consulting LLC, and represented just a portion of the $26 million, according to a person with knowledge of the matter. The name of the firm appears to be a reference to Ms. Trump and other members of her family. Ms. Trump was an executive officer of the Trump companies that made the payments, meaning she appears to have been treated as a consultant while also working for the company. While companies can deduct professional fees, the Internal Revenue Service requires that consulting arrangements be market-based and reasonable, as well as “ordinary and necessary” to running a business.

The examination of fees apparently paid to his older daughter is likely to arouse even more vitriol from the outgoing president. And it raises questions about whether the payments were a tax-deductible way for him to compensate his children, or avoid gift taxes he might incur from transferring wealth to them, something Mr. Trump’s father had done through legally questionable schemes uncovered by the Times in 2018.

Ivanka Trump has not been accused of wrongdoing, and in response to the news of the expanded probes, she angrily tweeted: “This is harassment pure and simple. This ‘inquiry’ by NYC democrats is 100% motivated by politics, publicity and rage. They know very well that there’s nothing here and that there was no tax benefit whatsoever. These politicians are simply ruthless.” The Trump Organization, on the other hand, was charged in July with conspiracy, a scheme to defraud, and multiple counts of tax fraud and falsifying records. The company, like its longtime CFO, Allen Weisselberg, has pleaded not guilty. Earlier this week an attorney for Weisselberg said there was “strong reason to believe there could be other indictments coming.”

In a statement issued on Tuesday, the Times said the paper’s “coverage of Donald Trump’s taxes helped inform the public through meticulous reporting on a subject of overriding public interest. This lawsuit is an attempt to silence independent news organizations and we plan to vigorously defend against it.” On Twitter, Craig wrote, “I knocked on Mary Trump’s door. She opened it. I think they call that journalism.” Mary Trump’s lawyer Theodore J. Boutrous Jr. said in a statement: “This is the latest in a long line of frivolous lawsuits by Donald Trump that target truthful speech and important journalism on issues of public concern. It is doomed to failure like the rest of his baseless efforts to chill freedom of speech and of the press.”

For her part, Mary Trump told the Daily Beast, of her uncle: “I think he is a fucking loser, and he is going to throw anything against the wall he can. It’s desperation. The walls are closing in, and he is throwing anything against the wall that will stick. As is always the case with Donald, he’ll try and change the subject.”

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Meanwhile, in Florida

A Republican lawmaker looked at Texas’s abortion bill and decided it wasn’t extreme enough. Per CNN:

A Republican Florida state lawmaker on Wednesday introduced a bill that is modeled after a strict Texas law prohibiting abortions after six weeks, drawing condemnation from supporters of abortion rights who fear such legislation might soon be introduced in other states. House Bill 167 was filed by Florida state Rep. Webster Barnaby. The bill, like the Texas law, contains a procedural feature that allows private citizens to bring lawsuits against physicians who provide abortions after six weeks as well as any person who “knowingly engages in conduct that aids or abets the performance or inducement of an abortion.” The Florida legislation, like the Texas law, also provides for remedies and damages.

Notably, the Florida bill allows lawsuits to be brought up to six years after an abortion was performed in violation of the law, whereas supporters of the Texas law say that measure creates a four-year window for bringing suits. Additionally, the way HB 167 is written makes it extremely difficult to challenge the prohibition until it goes into effect, and even then there are high hurdles.

In a statement, NARAL Pro-Choice America said it is “horrified to see anti-choice politicians in Florida following in Texas’s footsteps,” with its acting president, Adrienne Kimmell, adding: “There’s no question that lawmakers hostile to reproductive freedom in other states will do the same. The harm of these draconian attacks cannot be overstated and they most acutely impact those who already face the greatest barriers to accessing care.”

An economic apocalypse? Sounds just dandy to Republicans!

Some might argue death is even more draconian, but potato, po-tah-to

Elsewhere!

Biden will meet with more than a dozen key Democrats as his economic agenda hangs in the balance (CNBC)

Unvaccinated COVID patients overwhelm Ohio hospitals as delta surges across state (CNBC)

Biden, Macron to meet next month amid dispute over Australian submarine deal (Washington Post)

The Horrifying Legal Blueprint for Trump’s War on Democracy (Intelligencer)

Elizabeth Warren and Fellow Democrats Are Going After SPAC Kingpins (Bloomberg)

Fed projects new interest-rate hikes in 2022, signals new map for helping the economy stand on its own (Washington Post)

Hack reveals embarrassing details of who’s behind Proud Boys, other far-right websites (Washington Post)

Wall Street Dealmaker Tries to Restart His Weeknight Party Scene (Bloomberg)

Samuel Adams’s latest potent beer is illegal in 15 states (UPI)

13-year-old dog has ‘Bark Mitzvah’ with full coming-of-age ceremony (NYP)

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