The Flim-Flam Man Exposed
It was no big surprise learning why Donald John Trump has been using various legal tactics and maneuvers to keep his personal tax returns hidden from us. All of it came tumbling out yesterday under this bombshell headline from the New York Times, LONG-CONCEALED RECORDS SHOW TRUMP’S CHRONIC LOSSES AND YEARS OF TAX AVOIDANCE.
Faithful readers will remember that I called Trump a draft dodger for avoiding Vietnam. He got some doctor to write a letter claiming he had bone spurs. Surprise, we’ve never seen an X-ray. He asserts he has made billions of dollars, but we’ve never seen any documents as proof. The New York Times lays out the truth quite clearly.
“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.” So, the fat guy who keeps telling us that he is patriotic and loves America has been dodging his civic duty and gaming the system to his financial benefit while in the White House.
Now I understand why he has been giving away his presidential salary. If he took that money, he, like any other US citizen, would have to pay as much as $100,000 in taxes because he wouldn’t be able to claim he is losing money. It’s outrageous that even his “charitable contributions” are scams.
What we know now for sure is that Donald Trump has been in a decade-long audit battle with the Internal Revenue Service. It’s centered on the legitimacy of a $72.9 million tax refund he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million, but the real problem for the “leader of the free world” is the massive debt that he’s carrying. In the President’s disclosure forms he claimed to have made at least $434.9 million, but the 2018 tax data released by the Times paint a much different picture. Donald Trump had a loss of $47.4 million.
According to an earlier report by financial site Bloomberg, Trump’s debt was at least $605 million in 2016 and he has outstanding loans of $950 million from the Bank of China, Deutsche Bank and other creditors. So, how can Donald John Trump do his job as president without conflict while carrying such huge debts with financial institutions in at least two foreign countries?
I imagine this fresh evidence will not move hardcore fans of the Donald to have an epiphany and vote for Joe Biden. However, we now have excellent source material for new anti-Trump advertisements to point out the hypocrisy and criminal ways of our 45th President. I have included some screen shots from the latest effort to demonstrate Trump’s tax cheats.
Get ready to hear Trump’s minions tell us how smart he is in being able to beat the system and pay no taxes for decades. We already know from Mary L. Trump’s book that anti-government and anti-tax plots were firmly enacted by Fred Trump, Donald’s father. For many years, Fred Trump exploited a loophole in US tax law and used young Donald as a tax shelter for millions of dollars. According to Vanity Fair, “…Fred Trump and his wife, Mary, transferred more than $1 billion to their children, a gift that should have produced a tax bill of at least $550 million based on tax rates at the time. Instead, the Trumps ended up paying a mere $52.2 million, tax returns show.” Slimy tactics are systemic in the Trump family and, in the end, we will be able to see a clear picture of a selfish, lawless, pitiful pile of unamerican human beings.
This compost heap of lies, deceit and deception needs to STOP NOW. Unless Donald Trump and his family release all their tax returns, this gooey swamp of reality will seep into future generations of grifters and goofballs named Trump. It’s time for the I.R.S. to step up and do its job!
My father, who would be 107 years old if alive today, would be screaming and yelling at the TV learning that the President paid less tax than he did. He would use the old yarn; the laws are different for rich people. This is not going to go away, and without a full disclosure of Trump’s tax records why should we let him continue giving more money to his rich friends and donor corporations? Trump will never admit to his lies. Liars don’t do that; they just create more lies to cover up the harsh facts.
Short of someone photocopying the summary page of every Trump tax return and posting them online (not a bad idea, New York Times) many of the Donald’s loyal minions and sycophants will dismiss the facts as rooted in a socialist plot. It’s funny, in a sick way, that Republicans who kept preaching for years about financial responsibility, are now endorsing a criminal enterprise operating out of the White House.
For almost four years on this blog, I have been saying that Donald Trump didn’t pay any taxes and was attempting to bilk the US Treasury out of millions. Now we learn that the Secret Service has paid millions to the Trump Organization for guest rooms that were, at times, not even used. Trump’s golf course has charged the government outlandish fees to put up associates and visitors even when cheaper lodging located closer to events wasn’t used.
I propose that every American get a Donald Trump rebate for his damaged goods and improperly rendered services. Doesn’t each of us deserve a $750 Trump Rebate? It seems fair to me that we should all be reimbursed according to his tax payments.
I have no respect for Trump. I want him gone from any position of power as soon as possible. It’s time for this tax evader, draft dodger, pussy grabbing asshole to leave, and all of us have the power to make it happen!
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