Quote (Landmine @ Jun 3 2024 05:27pm)
Paying “hush money” which is an nda isn’t illegal. It’s not a campaign expense violation.
“ In Trump’s case, he’s not being charged with making the payment itself or reimbursing it, but has only been indicted on 34 counts of falsifying business records, based on the fact that his reimbursement payments to Cohen were allegedly disguised as legal payments.”
This is about terminology. Did the lawyer cohen provide services as a lawyer to Trump? If so then it’s a legal expense. This is about a book keeper pulling down a draw down tab and labeling it as a legal expense.
If Cohen was paying it out and it was a legal expense why did he pay income tax on it? If I pass my lawyer $1000 to pay for fulfillment of a contract the laywer does not pay income tax on that.
So you're stuck between two cases. It's a contractual expense, in which case Cohen doesn't pay income tax on it, or its payment for legal work, in which case why did he pay it out to somebody else?
You can't have it both ways.