Breaking News ! The New York Times got access to Trump's tax returns for the past 2 decades
In response to:
Today From The New York Times
EXCLUSIVE
The Times has obtained tax-return data for President Trump extending over more than two decades. It shows chronic losses and years of tax avoidance.
Sunday, September 27, 2020 5:16 PM EST
Mr. Trump’s finances are under stress, beset by losses that he aggressively employs to avoid paying taxes, and hundreds of millions in debt that he has personally guaranteed, which comes due in the coming years.
He paid $750 in federal income taxes in 2016, and nothing in 10 of the previous 15 years — largely because he reported losing much more money than he made.
Also hanging over him is an audit battle that he has long been waging, out of public view, with the I.R.S. An adverse ruling could cost him more than $100 million.
Today From The New York Times
EXCLUSIVE
The Times has obtained tax-return data for President Trump extending over more than two decades. It shows chronic losses and years of tax avoidance.
Sunday, September 27, 2020 5:16 PM EST
Mr. Trump’s finances are under stress, beset by losses that he aggressively employs to avoid paying taxes, and hundreds of millions in debt that he has personally guaranteed, which comes due in the coming years.
He paid $750 in federal income taxes in 2016, and nothing in 10 of the previous 15 years — largely because he reported losing much more money than he made.
Also hanging over him is an audit battle that he has long been waging, out of public view, with the I.R.S. An adverse ruling could cost him more than $100 million.
In response to:
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.
By Russ Buettner, Susanne Craig and Mike McIntire
Sept. 27, 2020
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.
The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public. His reports to the I.R.S. portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes. Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.
The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office. It does not include his personal returns for 2018 or 2019. This article offers an overview of The Times’s findings; additional articles will be published in the coming weeks.
The returns are some of the most sought-after, and speculated-about, records in recent memory. In Mr. Trump’s nearly four years in office — and across his endlessly hyped decades in the public eye — journalists, prosecutors, opposition politicians and conspiracists have, with limited success, sought to excavate the enigmas of his finances. By their very nature, the filings will leave many questions unanswered, many questioners unfulfilled. They comprise information that Mr. Trump has disclosed to the I.R.S., not the findings of an independent financial examination.
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.
By Russ Buettner, Susanne Craig and Mike McIntire
Sept. 27, 2020
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.
The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public. His reports to the I.R.S. portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes. Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.
The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office. It does not include his personal returns for 2018 or 2019. This article offers an overview of The Times’s findings; additional articles will be published in the coming weeks.
The returns are some of the most sought-after, and speculated-about, records in recent memory. In Mr. Trump’s nearly four years in office — and across his endlessly hyped decades in the public eye — journalists, prosecutors, opposition politicians and conspiracists have, with limited success, sought to excavate the enigmas of his finances. By their very nature, the filings will leave many questions unanswered, many questioners unfulfilled. They comprise information that Mr. Trump has disclosed to the I.R.S., not the findings of an independent financial examination.
Comments (76)
I'm holding out for a big Biden win.
The only relevant issue is if he broke the law.
That's why he's under audit and been battling it in court.
But, there are other issues too, including his lies to the public regarding the money he's supposedly earned.
Trump has paid tens of millions in taxes.
Where are you getting that figure from ?
I notice that he STILL did not release his tax returns, even to refute the NY Times story.
Gee, I wonder why.
Timing in life is everything and considering they've been after him to cough up his tax records for years and now all of a sudden they miraculously appear anonymously is a bit fishy to me.
Do you think maybe the New York Times getting a look might be linked to the Southern District of NY recently obtaining Trump's tax returns as it prepares itself for indictments upon Trump's term ending ?
Innocent until proven guilty.
for the previous years ? That's not a crime, IF he only earned a small amount of money.
i'll hurt you more than me
Paying only $750 in taxes for the last 2 years and essentially nothing for the previous years ? That's not a crime, IF he only earned a small amount of money.
He'd likely save $$$$ if he paid a ton of taxes & told the mega-buck numbers jugglers & shysters, "You're Fired!"
The REAL takeaway from the story may be that the Tax Code needs revision to close Loopholes.
takeaway from the story may be that the Tax Code needs revision to close Loopholes.
So let me see the forms and form my own opinion. Otherwise it's just hearsay
doubt the investigative reporting of the NY Times.
(Closing tax loopholes) That's one of the things Hillary wanted to do and what Biden wants to do.
What they Want to do is One thing - What gets through Congress is Another ...
that he had to dismantle, because he was using the money for personal expenses and personal business expenses.
You are simply spreading lies fed to you.
Number of farmers benefitting from access to improved agricultural practices, increased yields, and enhanced market access
166,280
Number of schools working with the Alliance for a Healthier Generation to build healthier environments for students through increasing access to healthier foods and physical activity
44,500
Number of trees and tree seedlings planted
8,500,000
This organization has earned a GuideStar's Platinum Seal of Transparency by voluntarily sharing the measures of progress and results they use to pursue their mission. Organizations earn Platinum Seals by selecting from a catalog of over 900 expert recognized metrics or by creating a new metric that best fits their work. This information is reported by the organization and displayed publicly on their GuideStar Nonprofit Profile. With over 1.6 million Nonprofit Profiles, 9 million annual visitors and over 200 data partners, GuideStar is the world's leading source of information about nonprofit organizations. A nonprofit itself, GuideStar is dedicated to providing better data for better decisions for a better world.
See beginning @ 7:55 -
(The Clintons) "... are Massively corrupt - it's not even Close ... She's the Ultimate establishment insider ... People can smell it on them - They can FEEL it on them!"
Unless the "people"
BTW - It's Not a Right Wing-Nut hit piece
I'll try and read your post again, but y'know, paragraphs. They are not easy to read, so I do frequently bypass your comments.
I imagine some of mine aren't easy to read for many people, but I don't think that one about the drones was one of them. Most of it was a quote from the Reprieve website.
The only way they counter facts about Trump's numerous proclivities is to attack Hillary Clinton, Joe Biden, all Democrats and the Democratic party. It's understandable, of course, as they have no plausible defense for their gold plated idol. Trump is and always has been a crook and a liar.