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can anyone tell me the justification for putting Samuel Bankman-fried in prison for 25 years but Trump gets a fine? Is it federal vs. state? (lemmy.world)

submitted 8 months ago by Professorozone@lemmy.world to c/asklemmy@lemmy.ml

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Pretty much what the title says. I know he's a former president and has all of his supporters, but what's the official reason? Thanks.

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[–] John_McMurray@lemmy.world 1 points 8 months ago (1 children)

Bit of a difference between outright theft and a civil dispute over the value of a property put up for a loan,

[–] Professorozone@lemmy.world 4 points 8 months ago (1 children)

Really? Isn't fraudulently paying less in taxes, stealing from the government? I thought Al Capone went to prison for tax avoidance.

[–] John_McMurray@lemmy.world 0 points 8 months ago* (last edited 8 months ago) (1 children)

Tax evasion and a dispute over property valuation are not the same thing either. Tac avoidance is legal, think loopholes, evasion is not, but i think you knew that and intentionally used the wrong term.

[–] III@lemmy.world 2 points 8 months ago (1 children)

Pretty sure fluxuating your property valuation depending on your need is actually illegal and not just loopholes. But i think you knew that.

[–] John_McMurray@lemmy.world 0 points 8 months ago* (last edited 8 months ago)

Nobody knows that until sometime after the next three-five appeals. Besides, assessed value is for taxes, real value is for loans.