aggiehawg said:
Quote:
The defense and prosecution have moved onto an instruction about tax law.
Defense attorney Emil Bove again reiterates that tax crimes should not be permitted to go to the jury as one of the underlying crimes Trump sought to conceal when he falsified business records.
He goes on to quote Michael Cohen's testimony when asked about Allen Weisselberg's "grossing up" of the money he was paid. Cohen said, "I didn't really even think of that I just wanted to get my money back." Bove said that prosecutors are trying to say Cohen was trying to intentionally evade taxes by disguising the reimbursement as income and gross it up to cover his tax obligations.
Prosecutor Matthew Colangelo argues that the language on tax crimes should be read to the jury because the money that was paid to Cohen was grossed up for tax purposes, which was written on notes from Weisselberg and Jeffrey McConney in evidence.
Colangelo notes that they were falsely identified corporate payments rather than reimbursements and they were then submitted to the Internal Revenue Service as income through 1099s.
Defense attorney Bove says, "An agreement after the election to do these things is not an agreement to promote Trump's candidacy in the 2016 election."
Bove now argues they weren't allowed to ask Cohen about his own tax handling of the money and that there's no evidence of Trump or Trump Organization's tax handling of the payments.
So let me get this straight.
Colangelo is actually arguing that a tax fraud was perpetrated because a reimbursement was treated as a legal expense, a 1099 was generated, and as a result, Cohen ended up paying too MUCH tax?????
Once again, this is Gold, Jerry. GOLD!!!