What you're quoting is not the court record. You're quoting a reporter who was writing hurried updates.RoscoePColtrane said:Has nothing to do with my point.BMX Bandit said:
The omitted sentence before your quote explains why "forgiving" a loan is income
Putting on the record out load that he paid the government $31MM is not a good look.
Here's another excerpt from today's court session from the same reporter:
The government's case is there is another $30,000,000 in income that Manafort disguised as loans and business expenses instead of income and evaded paying income taxes on.Quote:
Laporta, the accountant, confirmed that the spreadsheet she prepared showed that Manafort had reported $30.2 million in gross income to the federal government during the 10-year period and paid $8.38 million in federal income tax.