There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.
Yeah, in this case there is. If there were nothing wrong with it then there would be no reason for any company to pay any taxes ever.
You're only saying that because it was Trump who did it.
....
“...this payment may have criminal repercussions that are more significant. If she knowingly accepted this money and did it with any understanding that it was in order to evade taxes, and then her father signed the tax returns knowingly, both of them could have criminal liability. So I don’t think it’s a small thing that can just be written off as: “Oh well, it’s too bad that she made this mistake.’”[/color]
...
(big yawn)
This is over the border into the idiotic realm.
She apparently received “consulting fees” paid by the Trump Organization, helping reduce the Trump family’s tax bill, while she was simultaneously an employee of the organization.
Trump’s private records show that his company once paid $747,622 in fees
There is nothing wrong with receiving consulting fees while being an employee, unless the employee agreement specifically bans such a thing.
These people are all in the highest tax bracket, so there would be no net gain in moving money from one to the other.
The fact that they make more than ~$550k/year (which puts them in the highest tax bracket) doesn't mean the tax laws don't apply to them. What a silly idea.
I did not say that. But another aspect of this is inconsistent with the narrative, and you might just find it amusing.
Trump, paying 750$ only, gives Ivanka a consulting job and she gets 3/4 a million, and almost certainly pays tax on it. (Unless she has some partial ownership of the hotel empire, that's where the big tax deductions from depreciation and section 179 come which can easily shelter high income....but I have never heard that to be so.)
So tax is paid... that's the way the system works...
