File 032821
Email Chain Between Reid Weingarten and J Regarding Trump Tax Story and Wealth Source Analysis (File 032821)
Email correspondence from October 2018 between Reid Weingarten and J discussing reactions to a New York Times piece about Trump's tax history, with detailed analysis of wealth transfer legality and valuation methodology.
Summary
This email chain from September-October 2018 captures a discussion between Reid Weingarten and correspondent J regarding a New York Times article about Trump's taxes. The exchange focuses on analyzing the legitimacy of Trump's claimed self-made wealth versus inherited money from his father Fred, including technical discussions about gift tax valuation, estate planning, and partnership interest assessment. Weingarten expresses concern about hard facts presented in the article, while J provides counterarguments about complex valuation methods in estate law that may have been misunderstood in media reporting.
From: Weingarten, ReicSent: 10/5/2018 1:48:46 PMTo: J [jeevacation@gmail.com]Subject: RE: Re:Importance: HighFinally read the nytimes piece closely....with all due respect I am guessing you are wrong in dismissing/trivializingit....seems there are some hard facts that are very difficult for the big guy to explainFrom: J [mailto:jeevacation@gmail.corn]Sent: Thursday, October 04, 2018 11:43 AMTo: Weingarten, ReidSubject: Re: Re:MaybeOn Thu, Oct 4, 2018 at 11:32 AM Weingarten, Reid_______________________________wrote:But isn't the disclosure that fred shtupped him with money versus his bullshit story of self-made hero valid andimportant?From: J [mailto:jeevacation@gmail.corn]Sent: Wednesday, October 03, 2018 9:06 AMTo: Weingarten, ReidSubject: Re:im fair. and not his defender. but even the explanations on line were WAY wrong. and based on silliness ofunderstandings.On Wed, Oct 3, 2018 at 9:02 AM Weingarten, Reid wrote:Had a gut that's where you would come outSent from my BlackBerry 10 smartphone.From: JSent: Wednesday, October 3, 2018 7:34 AMTo: Weingarten, ReidSubject: Re:fred gave him 15k as a 3 year old only. however ( written 200k in "todays dollars" ) then they compoundtheir silliness, stating that he was a millonair at age 8.? all silly, . if fred put 2k in treasuries the sameyear ,and didnt invest it it would be worth 1 million today. instead he invested in real estate. taxes onestates and gigts are taxed on the value of what was transferred not the underlying thing. ex if you own 10percent of a partnership interest in a 1 million builidng that cannot be sold for 20 years. what is the valueof your interest. not 10 percent of 1 million as you only own a ltd partnership right. maybe 2 percent. itsall legalHOUSE OVERSIGHT 032821On Wed, Oct 3, 2018 at 7:21 AM Weingarten, Reid_________________________________wrote:Anything surprise you?Sent from my BlackBerry 10 smartphone.From: JSent: Tuesday, October 2, 2018 11:45 PMTo: Weingarten, ReidSubject: Re:FloridaOn Tue, Oct 2, 2018 at 9:58 PM Weingarten, Reidwrote:Reading the nytimes trump tax story...so wish I was with you right now...so where are you?Sent from my BlackBerry 10 smartphone.From: Jeffrey E.Sent: Tuesday, September 25, 2018 11:42 AMTo: Weingarten, ReidSubject:where?please noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedplease noteHOUSE OVERSIGHT 032822The information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forthe use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedplease noteThe information contained in this communication isconfidential, may be attorney-client privileged, mayconstitute inside information, and is intended only forHOUSE OVERSIGHT 032823the use of the addressee. It is the property ofJEEUnauthorized use, disclosure or copying of thiscommunication or any part thereof is strictly prohibitedand may be unlawful. If you have received thiscommunication in error, please notify us immediately byreturn e-mail or by e-mail to jeevacation@gmail.com, anddestroy this communication and all copies thereof,including all attachments. copyright -all rights reservedHOUSE OVERSIGHT 032824