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Trump is a loser... of money

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Gameface

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The NY Times has obtained tax records going back decades that show Trump has been losing money and not paying taxes.

www.nytimes.com

Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance (Published 2020)

The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.
www.nytimes.com www.nytimes.com

Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.

He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.

As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.
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Surprise surprise the guy most of us already knew was a cheating, lying, corrupt, loser turns out to be a cheating lying corrupt loser.

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Fake News. This is just another democrat plot. The IRS hates Trump. So does the NY Times.

Whatabout Sleepy Joe Biden and Hunter? Hillary! The Clinton Foundation! Obama spied!
 
Our tax system is completely broken. Look at all the corporate tax breaks they get to ‘hire’ more.
 
Just skimmed the article but it seemed like he didn't cheat, just took advantage of the BS tax rules that protect the rich right? Which sucks but is fair. Or did he really lie and cheat?
 
Beer said:
Just skimmed the article but it seemed like he didn't cheat, just took advantage of the BS tax rules that protect the rich right? Which sucks but is fair. Or did he really lie and cheat?
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Trump likely pays tax attorneys a decent amount of money to make sure his taxes are correct.
 
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