President Donald Trump pauses as he speaks during a news conference at the White House, Sunday, Sept. 27, 2020, in Washington.
Eugene Steuerle, a tax expert at the Urban Institute, said he wasn’t surprised that it turns out that Trump had paid almost no federal income tax. Most commercial real estate developers deduct large interest payments on their debts from taxable income, thereby lowering their tax bills. Typically, they also often avoid capital gains taxes by plowing profits from the sale of one building into the purchase of another.
The newspaper said Trump initially paid $95 million in taxes over the 18 years it studied. But he managed to recover most of that money by claiming — and receiving — a stunning $72.9 million federal tax refund. According to the Times, Trump also pocketed $21.2 million in state and local refunds, which are typically based on federal filings.Trump’s outsize refund became the subject of a now-long-standing Internal Revenue Service audit of his finances. The audit was widely known.
In my lifetime, we aren’t debating candidates policies but rather their character. Let’s look at Trump. No honesty, dignity, has narcissism, bully, social-dominance, reward seeking, anxiety, emotional instability, neurotic, reward-seeking, thief. Too much?
Chevron, Netflix and Amazon paid $0 in fed income tax in 2018...where’s the outrage? That’s what I thought
Cash poor TrumpIsBroke TrumpIsNotABillionaire
Your really running with this fake story
Five lies all at once!
'Five takeaways from the [nytimes] report on President Trump's taxes' (emphasis added) – Excellent read... Continued...
Without identification of source NYT story is nothing. The NYT has lost any standing to report any information without identification and verification of source. They like most media are a political propaganda platform not a news organization. They decide what you will be told.
just following tax laws, he pays tax people to do his taxes. lets start looking at bezos tax return
1: no one cares.
If NYT wrote it, you know it’s hogwash.
Lies Lies More lies Russia Lies
Once Trump is voted out of office, Barr & Mnuchin will also be history. No more corruption cover ups for the Criminal In Chief! Prosecution for all three, Trump and his Enablers will be pending until January 20, 2021 at 12:01 pm. How sweet it is to prove our system will prevail!
Under the so called “Affordable Care Act” or Obamacare my health care costs shot through the roof! Since the Trump Presidency my health care costs have been dramatically reduced. Don’t let the DEMS fool you, Obamacare has been a disaster! The plan sucks!
All I know is trump paid more for Stormy than he paid for taxes.
stophumantrafficking on YouTube takedownman needs to be banned and put in federal prison..!!
NY times only reason unrest in america is thanks to media bias, lies and media is racists in their own right. Also planned attacks from liberals at every turn using BLM and Antifa as a front.
اللعنة والف الف لعنة على السياسة وكلمة حق للسياسة الساسة يا سياسة لا يعرفون فن السياسة.
سياسة سياسة سياسة جوع فقر استبداد سياسة ذل وحرمان العباد سياسة كلمة فتح الباب سياسة موت الاطفال سياسة اغتصاب النساء سياسة قتل الرجال سياسة لو كانت هذه سياسة فكيف تكون النجاسة انا لا اريد العيش بالسياسة الموت ارحم طالما توجد سياسة.
5. Timing - It's only coincidence this came out now. 4. Context - Ommiting legal doctrine will push the narrative. 3. If you build it, they will come. 2. Talking points must be based on feelings, not facts. 1. Never address an actual fact head-on, instead run from it.
1) Fake 2) Fake 3) Fake 4) Fake 5) Fake
There's the 'takeaways' catch phrase. The media doesn't want you to spend too much time looking into the NYT piece; they'll tell you what to focus on. Does AP still use and own a stake in WordSmith, an artificial intelligence that generates articles? 2K p/sec. Artificial news.🤖
You could have 50 takeaways from the NYT report. Want to know why? It's because, yet again, unnamed, 'anonymous' sources just like The Atlantic article re: troops. Another Sunday, another fake news story. Guess what? Still voting Trump.
With unsteady business profit profile,Trump has been a bad business manager. It's unthinkable of Americans to expect him as President to be a good human resources administrator. Vote him out!
Thanks to 'The New York Times ' for answering the Trump tax returns riddle! Donald Trump did not want Americans to know that he is a failed businessman living like a king while paying no taxes! Pathetic! Vote Biden/Harris 2020
I am more Interested in the tax returns of politicians who became multimillionaires while in government 🤨 like Bernie, Pelosi, Feinstein, Schumer and so on!🤔
Mahdi Hashi Talk
This is why he wouldn't release this information. It was pretty obvious he was hiding something. Anyone who thought he wasn't, is a fool.
If he’s losing millions a year why would you expect him to pay taxes?
A Job Well Done by NY Times, exposing the Cheating Piece Of Shit Trump really is. It was just a matter of time for Trump to finally get exposed for all of his corruption & tax evasion! I’m certain all of Trump’s Federal loan applications are filled with fraud as well!
Yes, dont read the article, just read the takeaways via AP
I paid last year alone more than the combined taxes realDonaldTrump paid in 2016 and 2017 while I made less than the cost for his hair styling.
Biggest takeaway is either they broke the law and accessed the IRS confidential records or it is FALSE. If they broke the law charges better be coming.
Dims are lunatics. I mean, their shit is religious INSANITY. That article said Trump paid over 800 million in taxes--750 million in one year alone. But no, he's broke ya see. I wish I was so broke the IRS had me paying a billion dollars in taxes. Effing lunatic extraordinaires.
Any good tax attorney or CPA would explain real estate developers don’t initially pay income tax due to depreciation and amortization. It’s deferred. They pay when projects are sold or no new development. The pay lots of real estate taxes now. FakeNewsMediaClowns
Thanks for this report. You’ve changed my mind to now vote for socialism, gun gabs, forced lockdowns, burning cities, defunding police and raising taxes. woke
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: AP - 🏆 728. / 51 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: YahooNews - 🏆 380. / 59 Read more »
Source: NBCNews - 🏆 10. / 86 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »