DONALD Trump’s taxes, last disclosed by the New York Times on Sunday, are not a scandal. Than Donald Trump I Paid More Taxe T-Shirt
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Instead, they were the outburst of many scandals, like a massive fireworks display on July 4. Huge scandals, big-scale scandals, medium-sized scandals – so many scandals that it’s hard to track every individual’s violation.
However, try it. Here’s a list of the various horrifying aspects of Trump’s taxes and how they compare to each other.
According to the Times, Trump paid $750 in federal income taxes in 2016 and 2017. The Than Donald Trump I Paid More Taxe T-Shirt total $1,500 was enough to buy a 1996 Ford Aerostar van with 70,000 miles.
In addition, the Times reported that, when all was said and done, Trump “paid no income tax in 10 of the previous 15 years.”
There are two possibilities here. It’s possible that the Than Donald Trump I Paid More Taxe T-Shirt various debt reliefs Trump uses to cut his tax obligations are legal and show real losses and he has barely made money in the past decade and a half. In that case, he is much poorer than what he claims. Or his eradication is largely unso realistic, and in fact, he is a billionaire – even if his net worth is less than what he constantly boasts.
People can understand that Trump’s tax avoidance is morally wrong.
While it’s interesting to mock Trump as a spectacular business failure – and in fact, in a sense, who he is (see below) – the answer is almost certainly the following. Forbes correspondent Dan Alexander, who has written an entire book about Trump’s troubled empire, estimates that Trump has $3.66 billion in assets and $1.13 billion in debt, costing him $2.5 billion.Than Donald Trump I Paid More Taxe T-Shirt
Therefore, people can understand that Trump’s tax avoidance is morally wrong. It doesn’t matter whether he follows any “rules,” because people like Trump come up with rules. A society that allows anyone super-rich to get rid of this does not work.
Moreover, we should not argue that all the super-rich have this. They don’t. According to IRS data, the top 400 earner in the United States pay an average of more than 20% of federal income taxes. That’s not as much as it should be, but it’s not nothing. As the Times pointed out, if Trump pays taxes as a 1 percent normal person during this period, he will send at least $100 million more to the U.S. Department of the Finance.