Donald Trump’s Taxes Have Been Released And Proves He Is The Fraud Most People Already Suspected Him To Be. The Tax Returns Reveal Most Businesses Trump Managed Failed. He Paid Less Money In Taxes Than Most Americans. He Inflated The Value And Size Of Some Of His Properties, And Claimed Exorbitant Losses Without Providing Evidence. To This Day His Wealth Is Connected To Money He Inherited From His Father. – Baby Boomer Resistance: A Pro Democracy Blog

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Everything Michael Cohen, Trump’s former lawyer in the congressional hearing about Trump’s fraudulent tax affairs has been proven right. Cohen said Trump inflated property values ​​to increase his reported wealth and lowered values ​​to get loans. In some places in the tax return Trump reported profits and losses suspiciously the same. Tax experts are calling for an investigation into Trump’s consistent claims of catastrophic business losses. It is also recommended that Trump’s offshore bank accounts be investigated for conflicts of interest. The big takeaway from your tax return:
  • Trump is a terrible businessman. Most of his businesses are losing money
  • Most of his wealth comes from the Apprentice TV Show, distributions from an existing trust fund and others from inheritance.
  • They don’t pay their fair share of taxes
  • He held foreign bank accounts during his presidency in several countries including China and Turkey
  • His federal tax return reported negative income in 2015, 2016, 2017 and 2020, and he paid a total of $1,500 in income tax for 2016 and 2017.
  • On their 2020 income tax return, Trump and his wife Melania paid no federal income tax and claimed a refund of $5.47 million, according to the Joint Committee on Taxation.
  • Undocumented claims of $506,000 in charitable donations in 2019
  • These results show years of negative income
  • On their 2020 income tax returns, Trump and his wife Melania paid no federal income tax and claimed a refund of $5.47 million, according to a Joint Committee on Taxation staff report.

Claims of being a well-to-do and skilled businessman based on financial acumen have been undermined by tax evasion. His answer reads like a resume of failure. It reads like a narrative of failed entrepreneurs, successful liars, and trust fund babies. Do Trump supporters now know why he is hiding his taxes? Does he know that his trick is to keep securing votes and donations and convincing him that he is a winner, not a loser? The tax shows he is smart¹ when he goes against the rule of law and the Constitution. The answer is a financial version of the pattern of spreading lawlessness and violating democratic ethical standards.

Add the tax evasion scheme to the “big lie”, the insurrection encouraged and enjoyed, the fake voter scheme, election meddling, the Trump Organization’s conviction of fraudulent business practices, obstruction of justice, witness intimidation, and stolen secret documents stored in the Mara-a- Lago and do you have a criminal con man who destroys and deceives the Republican party and its voters.

Democracy in play! Insurrectionists are being convicted, grand juries convening to force obstructionists to testify, judges who ruled against election deniers and expensive Trump’s abuse of the judicial system have branded him as a big loser in the plan to destroy democracy. However, he is the most successful grift winner of all time against millions of political party members. However, democracy won because there was no way for him to claim that he did not steal classified documents from the White House. He admits he took her because he said she was his. He said on the tape. There is no way he can claim he watched democracy being violently attacked and tried to stop it. He watched the attack for 187 minutes and took no action to stop it. Eventually, he could no longer claim that he was a successful businessman because his taxes reflected that most of his business was losing money. Hundreds of millions of inheritances, reality TV shows, not paying bills and taxes and grifting donors are why Trump has money. His supporters must be humiliated for being cheated and vote for a new candidate.

Published by rebeccasperber

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