Trump – the artful tax dodger 10-9-2018
9, October 2018 Trump – the artful tax dodger
While most middle class and poor Americans pay their
fair share of taxes to fund the federal government, President Trump has managed
to finagle his way to minimize his tax burden. During the 2016 election
campaign, he often boasted that he was a self-made billionaire from a small inheritance of $1 million from his
father. Nothing could be further from the truth. According to a New York Times
investigation Trump inherited $413 million in today’s dollars from his father’s
real estate empire, much of it through tax dodges in the 1990s. Small wonder
that he refused to release his tax returns offering the dubious claim they were
under audit. Trump and his siblings claimed improper tax deductions worth
millions. The crime family undervalued their real estate empire to drastically
reduce estate taxes. The artful tax dodger’s mask has finally been removed.
No comments:
Post a Comment