Serving Williston Park, East Williston, Mineola, Albertson and Searingtown
$1
Friday, October 12, 2018
Vol. 67, No. 41
FALL HOME & DESIGN
CONCERNS VOICED TO E.W. BOARD
PHILLIPS LEADS KAPLAN IN FUNDRAISING
PAGES 33-48
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Ex Flower Hill mayor aided Trump intrigue
WA N T F R I E S W I T H T H AT ?
Prez cousin John Walter operated firm under investigation over taxes BY LU K E TOR R A N C E While serving as the mayor of Flower Hill in the early 1990s, John Walter was helping the family of President Donald Trump filter millions of dollars through a company that allowed its members to get around the estate tax. In a report last week, The New York Times exhaustively cataloged the ways that Fred Trump passed down millions of dollars to his children, particularly Donald Trump, while dodging taxes. The Times reported that in the early 1990s — with Fred Trump’s health failing, yet with millions of dollars of real estate under his name — Trump was looking to pass that property down to his children without having to pay the 55 percent inheritance!tax. So he turned to “a favorite nephew” — John Walter. A company called All County Building Supply & Maintenance was incorporated on Aug. 13,
1992, ostensibly to pay for maintenance crews and equipment for the properties Trump owned around New York City. But The Times reported that All County’s purpose was instead to allow Fred Trump to give his children large cash gifts disguised as legitimate business transactions, thus evading the estate tax. The address listed for All County!was that of Walter’s home at 511 Manhasset Woods Road in Manhasset. For years, vendors who maintained the Trump properties had cashed checks from Fred Trump. But in August 1992, they began to receive their payments from All County instead, according to the Times. Through a computer system set up by Walter, invoices were padded by 20 percent up to more than 50 percent, the Times reported. This allowed Trump to pay his children without incurring any gift!tax. Continued on Page 66
PHOTO BY JED HENDRIXSON
Two Angus beef patties, American cheese, lettuce, tomato and Rex sauce on a Rex burger. See story on page 2.
Mineola developments pay village $9M: trustees BY J ES S I C A PA R K S The newly constructed apartment buildings in Mineola have paid the village around $9 million in building incentive bonuses, the Board of Trustees announced at
last Wednesday’s meeting. The village can only use this money for capital improvement projects. “We are putting this money into funds to complete village enhancements for the residents and business owners,” Mayor Scott
Strauss said. He said the money has already been used to buy a new fire truck and a community vehicle along with enhancements to Memorial Park, which aren’t done yet. Continued on Page 67
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