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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump tax returns reveal questionable $300 million in deductions deserving scrutiny by prosecutors:
In a column for Bloomberg, former Donald Trump biographer Tim O'Brien claimed information contained in Donald Trump's tax returns -- which will be made public in one form or another by the House Ways and Means Committee -- already have some red flags in them that should interest prosecutors.
On Tuesday the committee announced it would release the former president's tax returns, with CNN reporting, "The committee also released a report Tuesday that detailed six years worth of the former presidents tax returns, including his claims of massive annual losses that significantly reduced his tax burden," before adding, "The committee also released a supplemental report from the Joint Committee on Taxation that included details on Trumps tax returns from 2015 to 2020, ahead of the planned release of the returns themselves."
According to O'Brien, who has seen some of Trump's tax documents previously, the former president wouldn't be in this position if he had not run for office in 2016 which, in turn, invited the scrutiny he avoided for years as a New York real estate developer.
With that in mind, he wrote, "What a fine mess he has gotten himself into. There are certainly more surprises to come, but a pair of summaries of the House Ways and Means Committees analysis of Trumps personal and business tax records from 2015 through 2020 contained interesting revelations that will trouble the former president and certainly draw the attention of prosecutors."
https://www.msn.com/en-us/news/politics/trump-tax-returns-reveal-questionable-300-million-in-deductions-deserving-scrutiny-by-prosecutors-biographer/ar-AA15wLrq
orthoclad
(2,910 posts)my pathetic little return, and let him get away with this?
Billionaire boys club.
RockRaven
(15,076 posts)The corruption of the IRS could not be more overt if they had tried.
spooky3
(34,525 posts)At Trumps insistence.
orthoclad
(2,910 posts)that it's impossible to keep up. I'm sure that's part of the strategy. Remember the Gish Gallop?
https://en.wikipedia.org/wiki/Gish_gallop
spooky3
(34,525 posts)Questionable deductions and other problems, but also unreported income, possibly from foreign sources that are hard to trace. I hope this is investigated.
NowISeetheLight
(3,943 posts)spooky3
(34,525 posts)ProfessorGAC
(65,382 posts)These had to be the business filings, because there's zero chance that there was enough personal income to need $300M in deductions.