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Manafort Mysteries


Ruth Marcus writes that Paul Manafort is, indeed, a man of mystery:

The mystery — a mystery to me at least — is comprehending the magnitude of Manafort’s greed. Assuming the allegations are true — and even if Manafort’s former partner, Rick Gates, is an admitted liar, bank accounts don’t lie — why would someone who vacuumed up so many millions of dollars take the risk of not paying the taxes due on that income?
The Manafort indictments detail a gusher of cash flowing to the lobbyist, $60 million from the Russian-backed political party in the Ukraine alone, according to a filing by special counsel Robert S. Mueller III. Even if you paid half of that in tax, which would mean you had a pretty bad set of tax accountants, you would have enough left for all the ostrich jackets a man might want. In this case, greed isn’t good — it’s stupid. The temptation to do the dirty work of autocrats and oligarchs and rake in millions in return is understandable, if not laudable; it is a bipartisan failing of human nature.

 With all that cash flowing in, why risk tax fraud? And why the desperation to keep himself financially afloat?

My colleague Catherine Rampell has noted the dwindling number of prosecutions for white-collar crime, and maybe, absent Manafort’s seemingly reckless decision to go to work for the Trump campaign, he might have gotten away with it. Criminal prosecutions referred by the IRS to the Justice Department have fallen by half since 2013. Still, Manafort should not have been sleeping soundly, in any of his many multimillion-dollar homes — he was being interviewed by FBI agents about his “offshore consulting activities” even as he was allegedly failing to report his income.
The New Yorker’s Adam Davidson summarized Manafort’s precarious situation and frantic behavior: “By early 2016, the man who previously had been sending hundreds of thousands of dollars to the U.S. each month seemed to be in a self-destructive frenzy, making the desperate moves of a man who needed some cash, right away, and had run out of options.”

 This man was Donald Trump's campaign manager? The stink is becoming overpowering.

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This post first appeared on Northern Reflections, please read the originial post: here

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Manafort Mysteries

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