Tuesday, October 9, 2018

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.



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