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- Jan 26, 2003
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"The New York Times" published an article showing that Donald Trump paid no taxes for eight years out of a ten year period between 1985 and 1994. He is obviously a very wealthy man who lives a life of great privilege. It bothers me that he does not have to contribute to the public welfare. I feel that the system was rigged even before the so-called "tax cut" which was a tax cut only for the rich. How do you feel?
Here are a couple of small excerpts fro the article.
"The data — printouts from Mr. Trump’s official Internal Revenue Service tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and most detailed look to date at the president’s taxes, information he has kept from public view. Though the information does not cover the tax years at the center of an escalating battle between the Trump administration and Congress, it traces the most tumultuous chapter in a long business career — an era of fevered acquisition and spectacular collapse."
"Over all, Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years. It is not known whether the I.R.S. later required changes after audits."
https://www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-taxes.html
Here are a couple of small excerpts fro the article.
"The data — printouts from Mr. Trump’s official Internal Revenue Service tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and most detailed look to date at the president’s taxes, information he has kept from public view. Though the information does not cover the tax years at the center of an escalating battle between the Trump administration and Congress, it traces the most tumultuous chapter in a long business career — an era of fevered acquisition and spectacular collapse."
"Over all, Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years. It is not known whether the I.R.S. later required changes after audits."
https://www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-taxes.html