CNN hosts mock Ivanka Trump’s public meltdown after getting caught up in fraud probe

CNN hosts mock Ivanka Trump’s public meltdown after getting caught up in fraud probe
Alex Henderson
Ivanka Trump’s ex-best friend reveals an appalling example of her past bigotry
First daughter Ivanka Trump on Thursday night posted an angry tweet complaining about two separate New York-based investigations into the Trump Organization's tax practices that potentially implicates her in fraud. "This is harassment pure and simple," Ivanka complained. "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." CNN's John Berman on Friday noted that the first daughter might be particularly worried about the investigation because her father's broad pardon powers do not apply to state investigations. "She can't be pardoned by the president here," he said. "This is a state investigation, so state investigators are going to find out the truth here and there's not much that there's any kind of pardon can do about it." "Well, there's always the court of Twitter," joked co-host Alisyn Camerota. At issue is the fact that the Trump Organization wrote off a payment of $747,622 in consulting fees that just happened to match a $747,622 payment made the same year to a consulting company that Ivanka co-owned. "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," the New York Times reported on Wednesday. "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." Watch the video below.

<a href="https://www.rawstory.com/2020/11/ivanka-whines-about-multiple-investigations-into-trump-organization-fraud-these-politicians-are-simply-ruthless/" target="_blank" rel="noopener">First daughter Ivanka Trump</a> on Thursday night posted an angry tweet complaining about <a href="https://www.rawstory.com/2020/11/ivanka-trump-mocked-for-facing-two-fraud-investigations-new-york-state-crimes-are-unpardonable/" target="_blank" rel="noopener">two separate New York-based investigations into the Trump Organization's tax practices</a> that potentially implicates her in fraud.



"This is harassment pure and simple," Ivanka complained. "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."



CNN's John Berman on Friday noted that the first daughter might be particularly worried about the investigation because her father's broad pardon powers do not apply to state investigations.



"She can't be pardoned by the president here," he said. "This is a state investigation, so state investigators are going to find out the truth here and there's not much that there's any kind of pardon can do about it."



"Well, there's always the court of Twitter," joked co-host Alisyn Camerota.



At issue is the fact that the Trump Organization wrote off a payment of $747,622 in consulting fees that just happened to match a $747,622 payment made the same year to a consulting company that Ivanka co-owned.



"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," <a href="https://www.nytimes.com/2020/11/19/nyregion/trump-fraud-investigations-taxes.html" target="_blank" rel="noopener">the <em>New York Times</em> reported on Wednesday</a>. "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."



<em>Watch the video below</em>.



<iframe src="https://www.youtube.com/embed/yxQU5kf92gU" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe>

From Your Site Articles
Related Articles Around the Web

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal

Don't Sit on the Sidelines of History. Join Alternet All Access and Go Ad-Free. Support Honest Journalism.