Donald Trump is facing a profoundly ugly 2023

| 10:00 pm EDT October 25, 2022
Dear Palmer Report readers, we all understand the difficult era we're heading into. Major media outlets are caving to Trump already. Even the internet itself and publishing platforms may be at risk. But Palmer Report is nonetheless going to lead the fight. We're funding our 2025 operating expenses now, so we can keep publishing no matter what happens. I'm asking you to contribute if you can, because the stakes are just so high. You can donate here.

It looks like being indicted is only one piece of bad news in Donald Trump’s future. He has a trial coming up in the case filed against his company in New York for tax fraud. Business Insider reported that jury selection begins Monday. This should be an interesting case that could not only cost Trump millions but could ban him from doing any type of business with the federal government. How in the world will Trump make money when he can no longer gouge the Secret Service for staying at his properties?

The funny thing is that the question of Trump’s practices when it came to the Secret Service have been the topic of conversation for years, especially for watchdog groups that believed he was being unethical at least and committing fraud at best. Should the jury in Trump’s trial decide he is guilty of defrauding New York state taxpayers, all of that would come to an end. If that does happen, Trump and his enablers cannot say that he is being barred for political reasons.

The government has specific regulations in place to guard against people or entities that seek to defraud others under an article called debarment. Debarment contains conditions under which companies can do business with the government, and all those conditions require that a contractor be above board, but most importantly, a potential contractor with the government may not be convicted of or have a civil judgment levied against it for fraud, among other violations. These are the violations of which Trump’s company is accused. If convicted, Trump nor his companies can do business with federal government entities. He would likely still have his detail, but he cannot charge them in any manner that would make profit for his company, which will be a huge blow to the Trump Organization.

It was recently reported that the Trump Organization billed the Secret Service over $1.4 million to stay at Trump properties while Trump was in office. That’s not all. The Secret Service paid up to $1,185 per NIGHT for a single room in his DC hotel, and the organization signed a contract paying Trump $179,000 for golf cart rentals at Trump’s Bedminster golf course. Things are coming to a head for Trump in this case, especially given that his former CFO is testifying against the company. Who knows these things better than the chief financial officer? In his position, Weisselberg should have some interesting information on the charges that the Trump Organization filed inaccurate tax documents to avoid payroll taxes as well a its penchant for inflating the company’s worth to secure loans and then changing those numbers to avoid taxes. Any “regular Joe” in America who tried that would be under the jail by now, and it’s Trump’s turn to join him.

One way or another, 2023 will be a very bad year for Donald Trump. Between the New York civil suit, the Georgia criminal investigation, and the DOJ investigations, Trump is finally going down. You might want to stock up on the popcorn in 2023.

Dear Palmer Report readers, we all understand the difficult era we're heading into. Major media outlets are caving to Trump already. Even the internet itself and publishing platforms may be at risk. But Palmer Report is nonetheless going to lead the fight. We're funding our 2025 operating expenses now, so we can keep publishing no matter what happens. I'm asking you to contribute if you can, because the stakes are just so high. You can donate here.