Well now we know why Donald Trump is able to live the lifestyle he has and does. To him everything is a tax write off. From hair cuts to untold and unidentified consultants--from make up to practically the entire Mar-A-Lago resort, he deducts it all.
Besides the deductions the whole line he has spun for years to the public about being incredibly well to do is the exact opposite of what he has been telling the IRS. In fact one year he told them he was so destitute he received a tax refund for $72,9 million. In addition for 10 out of 15 years he didn't pay any federal taxes at all. Not bad for a guy partying with Jeffrey Epstein, living in a Manhattan high rise, while bragging to Howard Stern about all the women he was nailing.
The first two years Brother Don was in the Oval Office he paid $750 per annum in federal taxes. Those same two years the average teacher in the United States paid $7,239 per year. Firefighters and nurses kicked in $5,283 and $10,216 respectively.
Predictably Mr. Trump says the New York Time report which revealed all this accounting chicanery is, "fake news." Today he tweeted--because he always does, "The fake news media, just like election time 2016, is bringing up my Taxes & all sorts of other nonsense with illegally obtained information."
Ah, all this false information was gathered illegally. Which begs the question, why would Times reporters risk jail time to print false facts when they could have just made up the figures? And, if it is so fake why not release your tax return and prove it so? According to Trump he can't because that damn audit has lasted four years now. This despite the inconvenient testimony of former IRS officials that there is nothing which prevents someone from releasing their tax returns during an audit.
Actually the Times report is saying Mr. Trump has a couple of severe problems besides the pitiful amounts he's paid the feds. First, it seems the IRS wants that $70 plus million refund back along with penalties and interest. That is what they are really auditing, not his yearly income. Second, Trump took out hundreds of millions in loans which come due in the next four years.
What the Times didn't report is who he owes the money to. For all we know it could be Deutsche Bank, or Vladimir, by God, Putin, himself. More realistically it is probably the German bank and a few Russian oligarchs who trade shots of vodka with Vlad on a regular basis.
Which, of course, means if re-elected the 45th President of the United States of America will owe boatloads of money to foreign nationals. The word compromised comes to mind, as does the term, conflict of interest.
Unfortunately this sounds, disturbingly, like old news since everyone with half a brain in this republic knows Don Trump is a walking talking, golf playing conflict of interest and the compromised part has been a running rumor for the past four years.
Trump's real problem is now there is a major publication which has documented some damning evidence he is a runaway tax cheat and has debts which amount to more than the national deficit during Bill Clinton's second term. He can howl fake news all he wants, but it is suddenly ringing hollow to all, but his most dedicated cultists.
Ladies and gentlemen by every standard in American politics Donald John Trump should be a dead duck. Our real problem though is all this shit is going to drive him to depths none of us have ever imagined starting tomorrow during the first presidential debate. Not to mention over the last month of this election and more appallingly perhaps beyond.
And given Trump's known track record, that's saying a lot.
sic vita est
9-28-70
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