BREAKING: The New York Times publishes Trump's tax records
Well, I was going to take an extended break from writing #onhere due to a recent loss in my four-legged family. But, silly me, I should have known better.
Just now, The New York Times broke a major story. It has acquired Donald Trump’s tax records from 1985 to 1994. One can see why Trump is so feverish in his attempts to not divulge any financial records. From the story:
The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.
In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.
Put aside, for the moment, that this was around the time that Trump turned to Russian financing. This is the real reason Trump wants to protect his financial information: it shows him to be the complete and utter failure we’ve always known him to be.
He lost so much money, this titan of business, that he was able to avoid paying income tax for eight out of the ten years covered by these records. He didn’t avoid paying them the way Amazon is doing so now; no, he avoided paying them because he was an awful businessman who couldn’t make money in a brothel in the middle of a state penitentiary.
But of course, after the time covered by these records is when Russian money started flowing into his coffers. So now the red klaxon is blaring: The Russians own him, and are collecting the debt.
If the Times was able to obtain these records, one can hope that other records are floating about. The supreme irony would be if the Chinese are hacking Trump’s tax returns. Karma is a bitch.
The twists and turns in our real-life Westeros are hard to keep track of. But if Trump thought he was impervious to the same schemes which landed him in the White House, then that proves that he’s a fool.
This is your open thread.
Like what you read? Chip in, keep us going.