Trumpy Tax Tragedy


If you still believe Donald Trump is a genius, great businessman, great negotiator, and built a great company, you’re in a cult. ‬

The New York Times published a story this week in great detail about how Trump spent the 1980s losing over a billion dollars. According to the IRS, Donald Trump lost more money during this time than any other American. In fact, his losses accounted for one percent of all loses declared by American tax filers. Donald Trump shouldn’t have hosted The Apprentice and instead should have starred in the Biggest Loser.

Trump is a loser. The one positive a loser like Trump can take from losing a billion dollars is that he didn’t pay taxes for eight of those ten years.

If you’re a Trump sycophant, don’t worry. Trump had an explanation. He meant to do that. He explained in a Tweet that it was for “tax purposes” and was a “sport” among real estate developers. He then called the story “fake news.” So, did he lose all that money for tax purposes like he claimed or was the Times lying? It’s hard to keep his defenses straight. Also, if he’s only “showing” losses, does that mean he committed tax fraud?

There are two other interesting points in this story. All this billion dollar losing occurred while he was promoting himself as a huge success story, master of the universe, and educator on being a miser by publishing his book “Art of the Deal.” The real art of the deal was borrowing money from daddy while you’re bankrupting casinos.

The other highlight that piqued interests is that in 1989, he reported $52.9 million in interest income. Here’s why that’s interesting: The three years before this, he reported $460,566, then $5.5 million, then $11.8 million in interest. So, 52 after 11 is a huge jump in interest income (if you’re a Republican, that’s a difference of 41). So, where’d that interest come from? Public findings from New Jersey casino regulators show no evidence that he owned anything capable of generating that much interest. Nor is there any such evidence in a 1990 report, which was prepared by accountants he hired at his bankers’ request. So, where did that $52.9 million come from? Daddy? Russians? People paying him not to tell anyone they had sex?

Of course, if Trump really wants to prove this is all “fake news” and he doesn’t have anything to hide, he would release his taxes. But, he won’t do that because it’s not “fake news” and he has a LOT Of skeevy shady shit to hide.

Of course, Trump wants to change the laws that allow a free press to publish stories such as these. What he doesn’t want to change are the laws that enable people to shoot up schools.

There was another school shooting this week, this time at STEM School Highlands Ranch in Colorado. Eight students were injured with Kendrick Castillo dying after lunging at one of the two shooters. Kendrick Castillo died saving lives three days before the end of the school year.

Donald Trump tweeted out condolences. Then, he went to one of his hate rallies in Panama City, Florida and laughed at a supporter’s suggestion that we start shooting immigrants at the border. Trump said, “Only in the Panhandle could you get away with saying something like that.” You can also get away with saying something like that at a Donald Trump rally. Other fun things you can get away with at a Trump rally are, heiling, goose-stepping, wearing a white sheet, waving a Swastika, punching black people, and shouting obscenities at Jim Acosta.

Donald Trump is not a genius, or a great businessman, or a great negotiator, and as evidenced from his most recent hate rally, he’s not even a decent human being. And, if you’re still a Trump supporter, neither are you.

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  1. Michael Cohen did say in his congressional testimony that Trump had inflated his earnings at times to secure loans and deals. That $52.9 million interest jump might be the collaborating evidence pointing to tax fraud.

    Liked by 2 people

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