The New York Times has obtained Trump’s taxes (2nd article now posted)
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Besides the obvious kleptocracy everyone expected, there's still a lot of strong messaging to get out of that :
- $750
- his write offs weren't accounting tricks, he just got taxpayers to subsidize all his bad business decisions
- he potentially owes a $300m bill to the IRS for defrauding America of a $73m return in 2010
- he paid millions to his family as both executives and contractors to avoid taxes
In the shadow of a crisis he has criminally mismanaged, his negligence having killed 200,000 people and made millions broke, it's a powerful message here to know Marie-Antoinette here is having his cake and eating it while people are sucking on rocks.
- $750
- his write offs weren't accounting tricks, he just got taxpayers to subsidize all his bad business decisions
- he potentially owes a $300m bill to the IRS for defrauding America of a $73m return in 2010
- he paid millions to his family as both executives and contractors to avoid taxes
In the shadow of a crisis he has criminally mismanaged, his negligence having killed 200,000 people and made millions broke, it's a powerful message here to know Marie-Antoinette here is having his cake and eating it while people are sucking on rocks.
The GOP has been starving the IRS for quite a while, they don't have the resources to get into drawn out lawsuits with billionaires.
I don't think this is true - most millionaires definitely pay their taxes in the US. Do you have any sources to the contrary? Actually curious
Really do think that his base will be pissed because of this. At least the 'moderate' republicans out there who claim to be all about fiscal responsibility.
If we get actual numbers, it will.
This is a huge story. He's supposed to be a brilliant businessman... This is his main appeal. If he's walking around with a tin cup begging for money everywhere it will piss people off.
I'm sure the good stuff that's in the tax returns is gonna show up in October... along with all the other stuff people have been waiting to release.
People need to stop with the "nothing will happen!!!" stuff.
If he did this for federal taxes, state taxes in NY are assuredly similar.
If he did this for federal taxes, state taxes in NY are assuredly similar.
To spare others the math, that's $161,950.There's always a tweet
Which is about 216 times what Trump paid.
Not surprised at all. Rich people don't pay taxes, they spend money finding ways to avoid paying taxes.
I guarantee there are charitable "donations" reported in those returns that will be investigated and have no record of being made.
Yup. This guy pretty much has been doing exactly what he's been doing. I'm sure his family ALSO are doing the same shit.
You're correct, but his cult doesn't matter either. Forget about them they're a lost cause, there aren't enough of them to win an election. This matters for everyone else.
This is how many get or stay rich. Make a shit ton of money and find ways not get taxed for it.
I note they didn't care enough about this reveal to make this beyond their fucking paywall.
meanwhile i got more than i should have out of one year's tax refunds due to declaring my college bills one month earlier than they actually existed and i got hunted down by the IRS and told my wages would be garnished within the year
People also need to realize Trump is down ten points. He needs to convince people that aren't already voting for him to vote for him.
He loses if everyone already planning to vote for him are the only people who vote for him.
We. Don't. Need. Trump. Voters. To. Flip.
All too many Trump supporters playup his lies, while all too many Trump opponents playdown the truth. The depths of his lies should be presented and reinforced in as many ways as possible, and they should all be woven into a taprestry to define his character as a dishonest charlatan.
. The difference between now and 2016 is 4 years of lies, graft and theft shown in the everyday running of government, including the worst pandemic in many generations. Add this infomration to the pile and tie it all to the character of this man
. The difference between now and 2016 is 4 years of lies, graft and theft shown in the everyday running of government, including the worst pandemic in many generations. Add this infomration to the pile and tie it all to the character of this man
Trump was getting the STAR exception in NY which is for households making under $500,000. He's been a fraud for decades.
You know, reading this piece I didn't think it was going to matter much. The scope of the fraud, the mismanagement, the losses, have all been pretty much an open secret for years. I wager even a good chunk of his supporters understand this and genuinely don't care.
But that $750 thing might be really damning. Its so easy to compare to your own tax bill. It would be one thing if he paid $150,000 in taxes; still a ludicrously small number considering the scale of his businesses, but also triple the median American income
$750 though? Every American has a sense of how much $750 actually is.
But that $750 thing might be really damning. Its so easy to compare to your own tax bill. It would be one thing if he paid $150,000 in taxes; still a ludicrously small number considering the scale of his businesses, but also triple the median American income
$750 though? Every American has a sense of how much $750 actually is.
What I don't understand is that he's also apparently known for deflating the costs of his properties to avoid paying property taxes, doesn't he? How does he inflate property value while also running that scheme?
So, like, can the NYAG call up the NYT and ask if they can have a look at these documents? Or would they not pass the chain of possession needed for legal purposes?
can confirm. My mom just now: "Wow, good for him. They hire a bunch of professionals to find any deductions. Nothing wrong with that"
"He only paid 750 dollars but won't even look at Student debt reform"
Summary of first article findings
Summary of finding OP. Ivalice
worth adding or thread marking
www.nytimes.com
worth adding or thread marking
18 Revelations From a Trove of Trump Tax Records (Published 2020)
Times reporters have obtained decades of tax information the president has hidden from public view. Here are some of the key findings.
The cult that is Trump's base will say that this just proves how smart Trump is. Only paying $750? I would love to only pay that amount! He's so smart for finding a way to only pay $750!
