I paid several times more in income taxes last year than Donald Trump, even though he had a personal income of more than $450 million nyti.ms/3jmgeBf
It turns out Trump has been fighting an IRS audit for a decade. Losing it could cost him $100 million.
It's refreshing to learn, for once that he wasn't lying about something (though the existence of the audit was never a valid excuse not to release his tax returns)
THIS IS EXACTLY WHY HE SHOULD HAVE LONG AGO RELEASED HIS TAX RETURNS!
"Ultimately, Mr. Trump has been more successful playing a business mogul [on TV] than being one in real life."
🤔🤔🤔
Did we know Trump made $5 million in Azerbaijan?
(This is the deal he was working on while running for president with a corrupt Azerbaijani family that, as @adamdavidson reported in 2017, is known to be financed by the Iranian Revolutionary Guard)
One of Trump's main arguments against releasing his returns is has been that no one would understand them.
Passages like these in the NYT's reports shatter that claim.
President Trump appears to have reduced his taxable income by treating Ivanka as a consultant on hotel deals that she helped manage as part of her job at the Trump organization, and then deducting the fee as a cost of doing business.
"If the payments to his daughter were compensation for work, it is not clear why Mr. Trump would do it in this form, other than to reduce his own tax liability."
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