There’s manner an excessive amount of to unpack, and it’ll take some time to dig by means of all of it (to not point out the follow-up tales certain to comply with). However for starters:
Donald J. Trump paid $750 in federal earnings taxes the yr he received the presidency. In his first yr within the White Home, he paid one other $750.
He had paid no earnings taxes in any respect in 10 of the earlier 15 years — largely as a result of he reported dropping rather more cash than he made.
Just about all of you studying this paid extra taxes than supposed “billionaire” Donald Trump.
After which there’s the grift.
In 2012, he took out a $100 million mortgage on the business house in Trump Tower. He took almost all the quantity as a payout, his tax data present. His firm has paid greater than $15 million in curiosity on the mortgage, however nothing on the principal. The complete $100 million comes due in 2022 […]
The balances on these loans had not been paid down by the top of 2018. And the companies carrying the majority of the debt — the Doral golf resort ($125 million) and the Washington lodge ($160 million) — are struggling, which might make it tough to discover a lender prepared to refinance it.
Trump’s response is laughably silly (as ordinary):
It’s laughably simple for him to show in any other case, however he received’t as a result of he can’t. He’s f’d
Some early response:
Far more to comply with.