The Pardu

The Pardu
Watchful eyes and ears feed the brain, thus nourishing the brain cells.

Sunday, October 2, 2016

New York Times Reports: Trump May Have Lived Tax Free

Image result for trump avoids taxes
Imagine being a wealthy person who declares himself "very rich", loves "to use other people's money", and a person who has eliminated the jobs of many thousands for decades. OK, you are very rich, surrounds yourself with worshipping and co-signing stooges and may live among family members who single-handedly provide millions to plastic surgeons and body shapers. Let's take our imagination to a less glamorous side of being "very rich": the ugly reality of nation sustaining taxes.

A quick question. Ever wonder why Donald trump will never release his income tax returns? The New York Times recently published a piece regarding America's number one flim-flam man and the reality of a (federal) tax-free life.  A reality which, if true, identifies Trump as a serial job killer.  Of more significance is the harsh reality of jobs loss means US families cut-off from a key factor in a capitalist society. 

Consider the following  from the New York Times piece:
Although Mr. Trump’s taxable income in subsequent years is as yet unknown, a $916 million loss in 1995 would have been large enough to wipe out more than $50 million a year in taxable income over 18 years.
Herewith is the full Times piece: Trump's Legal Skirting of US Taxes.

Pages of the Return.

Trump's potential tax avoidance was apparently legal, but ask yourself another question.  Is this truly how the nation's top income one percenters leverage unfair tax laws to their advantage? Oh, ask another question? Does Trump received any benefits via living in the United States.  You don't need to spend time in contemplation of the question: both were rhetorical.

You and I pay taxes while some take photos in utter opulent disgust.

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