To paraphrase Cary Grant, "Rudy, Rudy Rudy." Rudy's public debut as Trump's lawyer was inauspicious. He went down under the friendly fire in the Foxhole.
But as the press focused on staccato sounds of lies from all directions, tales of tax fraud hid in plain view. Rudy described the Stormy Daniels money flow. Cohen used his own money to pay Daniels $130,000, and was reimbursed through monthly retainer payments. The payments, according to Giuliani, had three elements. Repaying the hundred and thirty thousand dollars to Cohen, giving him a little profit, and finally, an amount to cover his taxes.
The taxes are the issue. Receiving the money back that he spent on Trump's behalf should not be taxable to Cohen, nor deductible by Trump. By mischaracterizing the hush money as legal fees, Trump is fraudulently avoiding taxes.
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