At Todd Blanche's confirmation hearing, Sen. Adam Schiff asks whether the tax agreement addendum Blanche signed shields Trump from audits or liability over crypto money from his first year as president. Blanche says the deal is "not forward looking." Schiff counters that returns filed this year for last year's earnings by Trump, his sons and World Liberty Financial would face no liability under it.
The receipt
- Who
- Sen. Adam Schiff
- Where
- hearing - Senate Judiciary Committee, Todd Blanche attorney general confirmation
- Original footage
- Sen. Adam Schiff · watch the full video from this moment
- Length
- 53 seconds, unedited within the cut
- Plays
- 270 on Instagram
Read the transcript
If he didn't pay taxes or underpay taxes, it was just another giveaway to him? Blanche denied it. Does this tax agreement that's a denim you signed also hold him harmless from any audit or tax liability with respect to the billions in crypto money he made in his first year as president? It's not forward looking. So to the extent there are taxes filed by the president or his sons or the Trump Organization after the date of that agreement There's no protection. Well, but before that agreement. So any Taxes for money he made last year, right? So yes, so If he no profile if he filed tax returns this year for money he earned last year that his sons earned as world liberty financial all those people earned and defrauded taxpayers on it, he faces no liability under this grant -free sign.
Machine transcript of the clip's audio; names are checked, small words may differ.