President Trump paid $750 in federal income taxes the year he was elected president. He paid another $750 in 2017. He paid zero in 10 of the previous 15 years. Extraordinary investigation shows Trump's truth is so different from his claims: nytimes.com/interactive/20…
This outrage belongs not only to Trump, but also to a tax system that favors real estate tycoons. This just underscores that what America needed wasn't the GOP tax cut for the rich, but a tax reform -- and wealth tax -- to help those who struggle.
Trump's taxes also show that he's an utterly incompetent manager who can't even run the family business that he inherited. He has a certain talent for self-promotion, but none for management. Tragically, he went from failing at managing a business to failing at managing a nation
If Trump ends up serving time for financial fraud or other crimes, the federal income taxes he paid won't even pay for his incarceration.
Here's a summary of the takeaways from the @nytimes bombshell investigation of Trump's taxes (or rather, the lack thereof), including a cameo by Ivanka Trump: nytimes.com/2020/09/27/us/…
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