Saturday, December 31, 2022

Trump's Tax Returns

‘Power to Embarrass, Harrass, or Destroy Americans’

Because of our tax laws, Trump's reported negative income in four of the six years covered by the documentation and paid around $1.8 million in taxes

When the Democrat-led panel earlier released preliminary information about the Trumps’ tax returns, Rep. Kevin Brady (R-Texas), the top Republican on the House Ways and Means Committee, opposed the move and argued that the information contained in such disclosures could be spun by political foes.

But of course, that's exactly what it's about...to take out Donald Trump who lost millions in income during his presidency. He didn't even take the presedential salary.

“It’s the power to embarrass, harass, or destroy Americans through disclosure of their tax returns,” Brady said moments before the committee went into a closed session for a vote. “After nearly half a century, the political enemies list is back in Washington, D.C., and we worry this will unleash a cycle of political retribution in Congress,” Brady added.

“The ‘Trump’ tax returns once again show how proudly successful I have been and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs and magnificent structures and enterprises,” the former president added.

Read about it...

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