Another side to Donald Trump, the
GREAT NEGOTIATOR ... and to think Trump wanted to run the United States of America. Wow .... how totally lucky we were.
New York Times reporter David Fahrenthold has spent the better part of the past six years following the financial life of former President Donald Trump, particularly when it comes to his business. Trump has claimed for decades that he's a billionaire.A big part of the problem is that the IRS...
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New York Times reporter David Fahrenthold has spent the better part of the past six years following the
financial life of former President Donald Trump, particularly when it comes to his business. Trump has claimed for decades that he's a billionaire.
"I would put what I learned into big categories. First was as you alluded to: how much of Trump's money, taxes, accounts, were in foreign countries?" he asked. "
Including countries like China, where Trump had no discernible to the outside eye — no discernible business connections. He didn't have property in China. He had no discernable business in China for several years. Still, he had an account there. I was surprised he paid more taxes in foreign countries in this country in several years. That was one thing."
"The other thing was we spend all this time trying to figure out what's happening with Trump's golf courses," Fahrenthold continued. "With his hotels. Is he using the presidency to profit in those places? The one good year that Trump had was not due to Donald Trump at all, but it was due to Fred Trump, his now long-deceased F.ather. In 2018, Trump sold the last pieces of his *******'s New York real estate empire. And got a big capital gain. It's really the only good year he had, and it came from his *******. Not for himself."
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opinion:
View attachment 5737671 and crippling the IRS, Trump became too complicated and time-consuming to audit and it worked well for Trump. The IRS was so understaffed that it was more inclined to dodge auditing the wealthy "non" taxpayers and spending years in courts, and instead to go after the "low hanging fruits" of the middle class. That's the way our court systems seem to work in everything ... those who can afford the expensive lawyers "skate by" while the poor & middle class pick up their tabs.