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?