“This is about more than one man’s personal tax scams. Donald Trump is a liar, a cheater, and a crooked businessman, yes. But he’s also taking advantage of a broken, corrupt, and unequal system that’s built for people like him to do what he did.”
As only she can, the above quote comes from Senator Lizzie Warren (D-MA).
Early last night, the New York Times did us ALL a big-time favor, excluding cult Deplorables.
The Times published a mammoth investigation into Donald John Trump’s tax returns, revealing years of aggressive write-offs, tax avoidance, and staggering losses.
This reporting comes at an inopportune time for Trump as he is facing an uphill re-election battle and a string of potential investigation(s) for tax fraud, as well as droves of questionable business practices, by the Manhattan district attorney and the New York state attorney general.
Trump paid just $750 in federal income taxes in 2016 and the same amount in 2017, and paid NO taxes at ALL in several previous years, largely because his business empire has reported losing more money than it made.
Well, well, well…
NO wonder the Orange Whale had to pay Stormy Daniels with hush money using 2016 campaign funds.
Consistently, Trump has said he has NOTHING to hide in the tax returns that he has refused to release !!! to the American public.
The 45th president claimed last night at a news conference, as this story was breaking, that it was ALL FAKE NEWS.
But, it was quite obvious that the Times’ disclosure that he has paid NO federal income tax in ten of the last 15 years – and only 11 times in the last 18 years, had rattled Donnie’s cage!
Such details, if they are of solid substance, makes Trump’s reporting of losing more money than he made in the years he did NOT pay taxes, a detail that undermines !!! his business canard that he is a business guru, making it ALL the more white-hot laughable.
The Times said it had obtained tax-return data for Trump and his businesses covering much of the last two decades.
What stood out to me, as I was reading it, was on the reporting that Dreamers pay billions of dollars every year in their taxes and Trump is ALWAYS saying how they are sponging off Americans, right??!
While he, supposedly, only paid $750 a year in taxes?
Who‘s sponging off whom?!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What we now know, and have long suspected, from this incredible reporting, is that Trump’s financial condition when he announced his run for president in 2015 lends real credence to the notion that his long-shot campaign was at least in part a gambit to reanimate ! the marketability of his name.
Within the next four years, more than $300 million in loans – obligations for which he is personally responsible – will come due [with such financial pressure hanging around his neck, one can only imagine the potential damage he could do in a second term!!!].
The actual and potential conflicts of interest created by Trump’s refusal to divest himself of his business interests !!!!!!!!! while in the White House has yet to draw the slightest challenge from any living soul.
His properties have become bazaars for collecting money directly from lobbyists, foreign officials and others seeking face time, access or favor.
It would seem my life experiences as a lobsterman prove that fishermen are more financially responsible and better risk managers than the current “Leader of the Free World.”