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GAVIN NEWSOM COMMITS TAX FRAUD 💯
The whole country is waking up to the fact that Gavin Newsom commits tax fraud when buying his mansions
“This dude bought a $9.1 million dollar mansion. He paid $600,000 over asking price in this economy. And he didn't buy it personally. No, he bought it through an LLC called mhbd, created 2 days before the close of escrow, you know, for tax reasons”
“And that LLC, it's managed by his wife. An mhbd. Those are the initials of his kids.
But check this out. Daniel Pritzker is the seller. And if that name sounds familiar, it's. Because he's a billionaire heir to the Hyatt Hotel's fortune, and he's the cousin. Of the Illinois governor, J.D. Pritzker.
You can't make this up. We're talking about six bedrooms, five and a half bathrooms, spa, pool, guest house, views of Mount Tamalpais. And Newsom buys this during a housing crisis and pays $600 grand over asking.
And this is the guy who's trying to lecture you about equity? Give me a break”
“Look, in 2018, good old Gavin bought himself a $3.7 million mansion in Fair.
Oaks through another LLC that's tied to his cousin. And that property was gifted to himself from the LLC in 2019, which let him sidestep the taxes, and in 2020, they pulled out $2.7 million in a cash out refinance.”
“Meanwhile, if you inherit your parents home in California, get ready to be taxed into the ground. Can't afford the new property tax? Well, then just sell the house that. Your family grew up in.”
“They'll crush you with regulations while transferring millions behind closed doors. It's a club, and you're not in it. They launder power through politics, they move money through shell companies, and they smile in your face while they rob you blind.”
“This guy supports policies that gut generational wealth for middle class families while he exploits every workaround possible. Newsom isn't some random dude playing the game. He's the guy making the rules.
And he punishes middle class Californians for doing the exact kind of stuff that he built his wealth on. No one's mad that you used a loophole, Gavin. They're mad that you slam them shut behind you after crawling through. That's the truth.
Video source ctto
🎥 @dallasjwicker FB
Reposted @ West Coast News
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