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The bromance of Chris Christie and Donald Trum

southernhybrid

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http://www.nytimes.com/2016/08/17/us/politics/trump-chris-christie-casinos.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news

By the time Chris Christie became governor of New Jersey, the state’s auditors and lawyers had been battling for several years to collect long-overdue taxes owed by the casinos founded by his friend Donald J. Trump.

The total, with interest, had grown to almost $30 million. The state had doggedly pursued the matter through two of the casinos’ bankruptcy cases and even accused the company led by Mr. Trump of filing false reports with state casino regulators about the amount of taxes it had paid.

But the year after Governor Christie, a Republican, took office, the tone of the litigation shifted. The state entertained settlement offers. And in December 2011, after six years in court, the state agreed to accept just $5 million, roughly 17 cents on the dollar of what auditors said the casinos owed.

Tax authorities sometimes settle for lesser amounts to avoid the costs and risks of further litigation, legal experts said, but the steep discount granted to the Trump casinos and the relationship between the two men raise inevitable questions about special treatment.

Continue reading the main story

“You can’t tell whether there’s something problematic, but it’s pretty striking that this one was written down so much,” said David Skeel, a professor at the University of Pennsylvania Law School who specializes in bankruptcy law and reviewed the case at the request of The New York Times.

The refusal by Mr. Trump, the Republican presidential nominee, to release his personal income tax returns has become a growing issue in the campaign. He has also boasted of his success in lowering his tax burden as a businessman, declaring last year in an interview on Fox News that only “a stupid person, a really stupid person, is paying a lot of taxes.”

By that measure, the deal with New Jersey looks remarkably shrewd. The casinos did far better, for example, than those that benefited from a program Mr. Christie introduced in 2014 under which the state agreed to consider reducing penalties for delinquent taxpayers but only if they caught up on all overdue taxes and interest.

Public records do not create a clear picture of how the agreement was reached. A spokeswoman for Mr. Trump said she would be in touch regarding questions sent to her. But she did not reply further or respond to subsequent messages.

Hmmm. The article goes into a lot more detail.
 
not at all surprised. Chris Christie is as dishonest (and as much a bully) as Trump is. Trump is definitely the alpha-dog of that relationship, though.
 
So umm... is that impeachable? That is $25 million in tax fraud. If you or me did that... we'd be fucking rich and could afford to pay our fucking taxes... and would.

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not at all surprised. Chris Christie is as dishonest (and as much a bully) as Trump is. Trump is definitely the alpha-dog of that relationship, though.
It was incredible how Trump definitely outbarked Christie. That NJ attitude was Christie's thing, and Trump made him look like a wimpy little attack dog.
 
I'll have to find some more links, but it's amazing that Trump isn't in prison by now for all the shady things he's done over the course of his career. Christie could be his roommate. He's unbelievably sleezy and crooked. It is a bit amusing though, how Trump has made Christie look like a little wimp.
 
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