Not a Shocker

Nope, not a shocker. Not a surprise. No wonder Trump has been so insistent on not releasing his taxes.

According to the New York Times, which has obtained Donald Trump’s tax information extending over more than two decades:

“The tax returns that 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 IRS 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 Times reported that Trump paid just $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.” I bet most of you who are reading this post typically pay way more in federal taxes each year than $750. I know I do.

And Trump paid no income taxes whatsoever in 10 of the past 15 years, beginning in 2000, because he reported losing significantly more than he made.

Of course, Trump has denied that he paid only $750 in personal federal income taxes in 2016 and 2017, but did not provide evidence and again refused to release his tax returns.

Will these revelations have any bearing on the upcoming presidential election? Probably not. His supporters already know that he’s a liar, a conman, and a crook and they just don’t care.

As to the rest of us, we will just sit and stew and wring our hands and it will be business as usual.

What the fuck, America? How did we let this happen to us?

17 thoughts on “Not a Shocker

  1. Taswegian1957 September 27, 2020 / 5:32 pm

    Well, I think we all knew that this was going to be the case. Why hide them if you’ve done nothing wrong? But you are right. His supporters don’t care so it probably won’t make a lot of difference except that if he does lose and is forced out of the White House I hope he goes to jail.

    Liked by 3 people

    • Fandango September 27, 2020 / 10:42 pm

      I think he’s worried about going to jail if he loses, which is why he’s desperate to win and will do whatever it takes to stay in office.

      Liked by 1 person

  2. lifelessons September 27, 2020 / 5:37 pm

    If he is so wealthy, why doesn’t he pay taxes? Is he is so poor that his losses exceeded his earnings, why do people continue to support him “because he’s a businessman?” He loses either way. Just despicable.

    Liked by 4 people

  3. rugby843 September 27, 2020 / 6:24 pm

    And I was going to bed without him on my mind.  👿🤬

    Sent from Yahoo Mail on Android

    Liked by 1 person

  4. RuthScribbles September 27, 2020 / 9:32 pm

    We knew it!

    And he dares complain that other countries are not paying their fair share…. hipocracy!

    Liked by 1 person

  5. Paula Light September 27, 2020 / 10:14 pm

    His supporters will not care. I just hope a tidal wave of blue sweeps November

    Liked by 1 person

    • Fandango September 27, 2020 / 10:59 pm

      I do, too, Paula, but he’s going to fight it tooth and nail and if it ends up at the Supreme Court with a 6-3 conservative majority, America is screwed.

      Liked by 1 person

  6. XingfuMama September 27, 2020 / 10:33 pm

    I’ve suspected this for a while: selling beans in the Oval Office? I have long thought that Melania would have divorced him if there had been anything for him to pay in a settlement. Interesting that Brad Parscale attempted suicide on the same day this came out. Mere coincidence?
    I have also wondered whether he is being controlled by folks who know about his being broke…who they are and how exactly they are playing him.

    Liked by 1 person

    • Marleen September 27, 2020 / 10:55 pm

      That’s a bit sad about the former campaign manage. Meteoric rise and crash. As for Trump, I agree it’s likely he’s controlled by people who put him on various sets. It will be something to see what happens concerning his defrauding of the niece. How to pay that back.

      Liked by 1 person

  7. Mister Bump UK September 27, 2020 / 11:24 pm

    Funny enough guess what the lead story was here on Monday morning? The trouble is, these people see it as a badge of honour, being “smart”, not to pay taxes. It is a totally different mindset.

    Liked by 1 person

  8. Cyranny September 28, 2020 / 6:33 am

    If only his supporters weren’t following him blindly… He says he hasn’t been paying taxes because he looses more money than he earns? That means one of two things: Either he is lying (again) and is stealing bluntly from his own people, or he is saying the truth (shocker!!) and he is in fact a lousy manager… Either way, he shouldn’t be running a country. *sigh*

    Liked by 1 person

  9. Marleen September 28, 2020 / 12:25 pm

    It will be in the details and in the consistency of what he told the tax people versus what he told the bankers and so forth (and, only possibly, what can be directly observed as to assets and accounts). Besides the question of whether he filed his taxes properly at all by the basic rules and the question of what he really has (as an individual and as a lucrative business owner or not), there is the question of how his portrayal of himself has had an effect or harm on others [the usual focus being on who gets what’s theirs in terms of powerful/rich individuals]. But, additionally, as we suspect, we want to know how the way he portrays himself, as secretly enabled by what is someone else’s sway/goods, determines what he does and says.

    We will see if he will be found liable to fork over something to US and individual state treasuries. And we will see if the niece should get something and whether any business partners or lenders are owed damages, or not. Who all is/are liable? And, perhaps, we might find out that the money keeping him and his carousel going for a long while has been from a foreign oligarch or entity or a few such schemes.

    One weird thing about this all is that our current ways of doing things make it kind of easy for an asset of Russia/Putin to prop up a sham of a personality or dynasty/family. That’s what seems to me to be the case.

    Sadly, I think how it affects the general society (concerning any rich person) has reached a low point after decades of talking about making government smaller and less regulatory. All it mainly meant is that most of you plain old people who aren’t in on the game (and just work and take care of your families) shouldn’t expect much. Let the bridges crumble; let the schools grow mold; etcetera. There has been a successful distraction of attention away from what government can be as a good helper of order and from government being less controlling or harassing on your daily life (as compared to a king or tyrant), or small, as it could (wrongly I think) be put… in the sense of citizens having individual rights and freedom… for their own human life — toward small in a sense of aint nothing here for you all (which in reality turns into not many rights for you after all).]

    If you/someone attending to their wealth tell [and there’s some kind of documentation] a potential business partner or a bank you have gobs of assets or cash, but tell the government you don’t, that’s a legal problem (besides ethical and besides, as a public figure and especially an official, the hoodwinking of the American public). It might be a lie in terms of your taxes, or it might be an indicator of flow (and influence or control) coming from elsewhere.

    It came out, in the last month or so, that Robert Muller never looked into the Russia connection; for one thing. Rosenstein limited his scope.

    I was looking at some news, today, about Jeff Bezos — I didn’t click on news about him but it was in there. I’d have to go back to get the details, but he has paid no taxes for many years. And there has been at least one year (while he’s a major billionaire) that he got a rebate in the millions. I don’t know if he had paid a bunch and got it all or some of it back or whether or not he banked taxpayer dollars. But he basically doesn’t pay taxes. Our society is really messed up.

    Plus, aside from the whole issue of money and momentum of concern for the general population, there is the fact that the changing of the administrations can realign any attending to civil rights in a more direct sense. Racists get elected, and suddenly it doesn’t matter that your town was proven to be systematically targeting certain people for whatever. (The mandates for reform are abandoned or not enforced.) But that’s only part of the way we’re not what we think or wish we were. We have been able to see, during Trump’s time in office, that he can gut the functioning of our systems of safeguarding health and the environment and other things.

    But this has been worked toward diligently for a long time. People complain about the government and then someone dismantles the ways it can function properly. It’s a whole racquet. Trump is just the ugliest face of it we’ve seen so far.

    That was somewhat rambly, but I’m trying to get across some basics of what we need to know. I wonder if there are any authorities working to try and get some proper functioning to occur and possibly for there to be real reform. Reform toward having a government for the people. Not “reform” that has been all about cutting taxes for the richest people and privatizing everything that can be looted further.

    (I would try to see if I can make this more streamlined or additionally explicated, but I have to do something else right now.)

    Liked by 1 person

    • Marleen September 29, 2020 / 3:07 pm

      Banks Launder Money for Criminals, Gov’ts

      BOMBSHELL Report Exposes Massive Criminal Activity Of World’s Biggest Banks

      Liked by 1 person

    • Marleen September 29, 2020 / 7:23 pm

      https://www.cnbc.com/2020/02/04/amazon-had-to-pay-federal-income-taxes-for-the-first-time-since-2016.html

      Amazon has been the subject of much criticism over the fact that the company’s final federal tax burden has been particularly lacking in recent years. The company also came under fire for seeking huge tax incentives worth billions of dollars as part of its search for a second headquarters, or “HQ2,” in 2018.

      In 2018, Amazon posted income of more than $11 billion, but the company paid $0 in federal taxes. In fact, thanks to tax credits and deductions, Amazon actually received a federal tax refund of $129 million. That was a year after Amazon received a $137 million refund from the federal government for 2017.

      President Donald Trump is a frequent critic of Amazon for paying “little or no taxes to state and local governments,” though the Trump Administration’s 2017 Tax Cuts and Jobs Act helped to lower the statutory corporate tax rate.

      In February 2019, Senator Bernie Sanders pointed out in a tweet that any one of the company’s roughly 150 million Amazon Prime members would have paid more for that program’s annual fee ($119) than Amazon paid in federal taxes for 2018 or 2017.

      Liked by 1 person

  10. Marleen September 28, 2020 / 10:29 pm

    Whiny 😫 rich people, who lead the accusations — against other (less fortunate) citizens — of fellow Americans acting like victims, have goaded the government into “laying off of” poor ol’ rich them so they aren’t required to be responsible. David Cay Johnston (tax specialist) said, tonight, there are over 500,000 high income Americans in 2014, 2015, and 2016 who haven’t filed their taxes. Enforcement for the IRS has been defunded. (He said a lot more. And he has a variety of ways to access his knowledge. For instance, he’s editor and a co-founder of dcreport.)

    Regular people don’t have the same means to evade taxes or even to write them off. It’s not that regular people aren’t as smart or don’t work as hard or don’t put as much value into society. They are simply subject to a different tax structure.

    Liked by 1 person

  11. leigha66 October 6, 2020 / 12:48 am

    Every day millions of new lies pile up and millions of people ignore them, sickening!

    Liked by 1 person

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