Giuliani Fights to Save His Yankees World Series Rings

Mr Giuliani seems to be in a ~situation~ because at one point in time he kissed the ample hind-quarters of Pres elect Trump.

The curious thing about this to me is that Pres-elect Trump seems to be doing nothing, absolutely nothing, to help Mr Giuliani.

Why?

OK, being in the local NYC media area, I had seen and heard of the apparent budding friendship of Pres-elect Trump and fmr Mayor Giuliani back in the day.

But in my searches, this one was a surprise...

Donald Trump 2000 presidential campaign
en.wikipedia.org

... New York real estate magnate Donald Trump announced the creation of a presidential exploratory committee on the October 7, 1999, edition of Larry King Live on CNN. Although Trump had never held elected office, he was well known for his frequent comments on public affairs and business exploits as head of The Trump Organization. He had previously considered a presidential run in 1988 as a Republican, but chose not to run.

For 2000, Minnesota Governor Jesse Ventura persuaded Trump to seek the presidential nomination of the Reform Party, which was fracturing despite achieving ballot access and qualifying for matching funds as a result of businessman Ross Perot's 1996 presidential campaign on the party's ticket.

Trump focused his campaign on the issues of fair trade, eliminating the national debt, and achieving universal healthcare as outlined in the campaign companion piece ...

Wow.

@#10 ... Probably, but can it be proven? His son backs up the story. ...

Would such a gift count as income for his son? If so, did his son report it on his taxes?

@#14 ... I don't think "gifts" are considered income unless they're used to generate a profit. ...

I don't know either. That is why I asked.

Lemme see what a search engine shows up ...

Whoa, I was led right to the mouth of the beast ... (kudos to duckduckgo.com...)

Frequently asked questions on gift taxes
www.irs.gov

...

Who pays the gift tax?

The donor is generally responsible for paying the gift tax. Under special arrangements the donee may agree to pay the tax instead. Please visit with your tax professional if you are considering this type of arrangement.

...

What is considered a gift?

Any transfer to an individual, either directly or indirectly, where full consideration (measured in money or money's worth) is not received in return.

...

Interesting.

@#16

Interesting.