Bill de Blasio


De Blasio vs. Trump: NYC 'looking to recoup' any unpaid Trump taxes

October 03, 2018 - 1:45 pm

NEW YORK (1010 WINS) -- If Mayor Bill de Blasio has his way, Donald Trump will be forced to fork over any back taxes he avoid paying during the 1990s.

According to a New York Times report on Tuesday, President Donald Trump and his siblings evaded paying taxes and used a variety of schemes to minimize the family's taxes.

"It’s clear to me that there are real ramifications right now to what has been disclosed, either potential violations of law, or in cases where the statute of limitations has ended that there may be very serious civil penalties that can be applied by both the state and the city," de Blasio said Wednesday. "The city of New York is looking to recoup any money that Donald Trump owes the people of New York City, period."

The New York State Department of Taxation said it is investigating the allegations. De Blasio said the city will work with state authorities.

"It’s also an indictment of the culture of New York City and New York state going back decades," he said. "There was a good old boy network that obviously Donald Trump played like a fiddle and evaded the kind of regulation and investigation and prosecution he should have received many times over."