Fox News’ Neil Cavuto Shrugs Off NYT Trump Tax Fraud Report: ‘Don’t Know If There’s a There There’
Fox News anchor Neil Cavuto shrugged off today’s bombshell New York Times report on Donald Trump and members of his family committing “instances of outright fraud” via money transfers from the president’s late-father using “sham corporations.”
“We are looking into this New York Times report accusing the president of engaging in a little bit of creative accounting tax schemes that were apparently passed on by the IRS without much of a dust up. They’re going back many, many decades here,” the anchor said during this afternoon’s airing of Your World With Neil Cavuto. “I’ve had a chance to read the entire article, I don’t know if there’s a there, there — outside of the fact that the president benefited from having a rich father and a good marketing skill.”
While Cavuto may not see a “there, there,” the New York state tax department launched an investigation today digging into the Times’ reporting.
“The Tax Department is reviewing the allegations in the NYT article and is vigorously pursuing all appropriate avenues of investigation,” stated the New York State Department of Taxation and Finance when contacted about the article.
The Times piece reports that Trump received an amount worth $413 million today from his father Fred Trump’s holdings. This was part of the family’s efforts to transfer millions of dollars while avoiding the proper taxation on the money.
Watch above, via Fox News.
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