Trump is very generous
This whole fake story is a vegan nothing burger.
I will be honest. I thought no one would care about such nonsense.
But some do.
BUT I do not think the idiotic indignation will last more than a week.
Then another shiny new toy will come along.
Also, Trump is going to ROCK tonight.
This is stupid.
Not only is the disclosure illegal and improper (not always the same thing), but it is incomplete.
You have to look at his taxes, and his companies’ taxes over 20 or 30 years. He’s a net payor, and a net employer, in a big way. But, in some years he’s a big winner, and in some years he’s a big loser.
The average voter, who is either largely on a salary, a pension, or government support, only thinks year by year, because most years are pretty much alike.
I had one year where I made 10 to 15x what I normally do, and paid proportionately as much tax, because I sold my share of a business it had taken many years to build. Taken out of context, it would certainly give a distorted picture of my taxes and earnings.
“he let the IRS keep it and apply it to any future tax he owed.”
...and since liberals have no concept of economics, Trump denied himself the interest income he could’ve made by getting the money back!! He also likely let them keep the money as to avoid any red flags or future audits. I know because (on a much smaller scale) I’ve done the same thing. I’ve been audited and it ain’t pretty. I’d rather have my kidney stones return.
I can guarantee you without even looking that Trump pays 10’s of millions in PROPERTY taxes.
He is a real estate investor.
MOST of the taxes that real estate investors pay are property taxes. The way tax laws a written a real estate investor will always pay the bulk of their taxes as property taxes.
Trump’s taxes are no one’s business. Discussing them is wrong.
I hope President Trump is able to bring a very large lawsuit for defamation against The NY Times. One large enough to make him the new owner of said newspaper.
Years ago, as my college tax professor said, tax avoidance is perfectly legal and expected. However, tax EVASION is illegal and will get you in big trouble.
And THIS is coming from a former Clinton Advisor!
This needs to get out there more.