Somebody leaked them them !!!! God Bless America, Leakers and the Free Press !!!! :-)
"Mr. Trump may be the wealthiest U.S. president in history. Yet he has often paid less in taxes than other recent presidents. Barack Obama and George W. Bush each regularly paid more than $100,000 a year — and sometimes much more — in federal income taxes while in office.
Mr. Trump, by contrast, is running a federal government to which he has contributed almost no income tax revenue in many years."
I hope this guy gets tossed in jail after he loses his Presidential protections.
Apparently he is such a bad businessman that he has been losing money, thus low or no federal taxes.
He is an excellent con man though... Keeping up the perception that he is a good businessman while showing no profit.
Or maybe Trump True Believers think that people who can avoid paying taxes on their gains are people to be worshipped? I have to wonder how they think our military is funded with free loaders like Trump around...
Now for the big question... Will spineless Trump release his returns to prove the NYT wrong? Or will he continue fighting tooth and nail from fulfilling his promise to release them?
10 comments:
Even the Wall Street Journal smells Blood in the Water
FOX Tax Coverage
Fake news, and if not, the leaker DEFINITELY belongs in jail.
Trump can straighten this out really easily.
All he needs to do is release his returns ASAP as he has repeatedly promised to do.
Not sure why you keep supporting a politician who continually fights and lies to keep this information hidden?
Trump Promises Not Kept
And more detail
Trump lived for a decade or so off the huge losses he suffered in the casino business. I gather that sheltered the tons of money he mad from "The Apprentice". What is weird is the golf club investments. Golf clubs are not a very good business, and Trump has been losing tons of money on them.
Trump attributes his losses to depreciation and what not, standard things in the real estate business. I just heard someone offer that rationalization also. The problem, as I understand it, is that Trump lost the money in the casino business not real estate. The losses are much greater than those one might expect from his real estate holdings, many of which do okay.
The golf club losses are huge. What one might expect is that at some point he would sell them to pay off that 300 million dollar debt everyone is talking about. What's up with that, I don't know, I haven't heard it discussed.
--Hiram
What's new here is actually having the returns or the equivalent. The outlines of Trump's tax and finacial offers in a general way have always been understood. I certainly knew that he had that huge debt against which he was matching his income. And the golf club investments were well known along with the fact that they were losing money. Trunp has always been attracted to shiny, glamour businesses, and that's where he lost money. His dad got rich basically by building housing that was guaranteed by federal government loans, really sort of an assembly line for creating wealth, at least in a growing community like New York was after WW II.
--Hiram
So, the Trumper position is this is either fake or the person who released it should be prosecuted, but if it's real, they don't care? Lovely. Sounds right.
I enjoyed him going on the record last night that he paid millions in 2016... :-)
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