The New York Times has run a hit piece on Trump’s tax records. The paper noted,
“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.“
Drip feeding news is a good strategy as it takes heat off Biden’s basement dwelling and the civil unrest which has been literally been burning the Democrats due to their lack of condemnation. The media circus will run with it non stop.
Although the Amy Coney Barrett Senate SCOTUS confirmation hearings will no doubt be another farcical character assassination which will blow up in the Democrats’ faces.
For the record, if Trump ‘evaded‘ taxes, we would have no issue whatsoever with any punishment that fit the crime. However, ‘avoidance‘ is what any sane rational individual/corporation does, as Kerry Packer reminded us in 1991.
While no surprise, media outlets have blindly forwarded the ‘tax bombshell,’ without seeming to question the validity or reliability of the tax sources which the NYT is basing the claims. Then again why would they? Orange man bad. Destroy at all costs. Worry about facts later.
Are these anonymous and undisclosed sources similar to those which accused him of calling slain soldiers, “suckers” and “losers“?
The NYT wrote,
“In response to a letter summarizing The Times’s findings, Alan Garten, a lawyer for the Trump Organization, said that “most, if not all, of the facts appear to be inaccurate” and requested the documents on which they were based. After The Times declined to provide the records, in order to protect its sources, Mr. Garten took direct issue only with the amount of taxes Mr. Trump had paid.”
His taxes could well have been leaked by NY State attorneys investigating him. That in and of itself is a criminal offence.
For the NYT, if Trump loses office thanks to this hit job, it will matter not if the details were fabricated because the incoming government would view it as the ends justifying the means.
Fast forward to November 3rd, 2020.
Are voters going to be more concerned with how much tax he has or hasn’t paid or whether he is going to be more able to get the economy back on track as the record pre-COVID showed quite clearly as evidenced by the most recent SOTU? Jobs and economic prosperity matter. Period.
Ultimately voters still elected a man who was on tape bragging about grabbing female genitalia. With that in mind, is avoiding taxes more of an election issue than crotch cupping?
We are 40 days away. Paying only $750 in income tax is optically terrible. No question. Although he isn’t drawing a salary.
Given the allegations, the services of this tax accountant seem rather skillful. If he has merely taken advantage of the tax laws, that is about as American as it gets.
Let’s wait until we see more of these claims. Perhaps Trump releases some of his TC returns to put the media’s lies on display.