Up To Date With Ethan Callender Entry 7: A Taxing Read
Up To Date With Ethan Callender Entry 7: A Taxing Read So, Trump’s tax returns are finally out, and holy s***, this is a huge development. The President, the “anti-establishment billionaire extraordinaire,” is either dead broke or dead serious about committing tax evasion. I think now that we’ve seen that for ourselves, it’s fair to see why Trump wanted to hide this like he did. He’s been exposed as a complete a total fraud, and it’s all dowhill from here. Now, let’s take a look at why Trump is up S***’s Creek and broke his paddle and kayak alike. To begin, let’s look at the basic numbers. First off, he paid as little as $750 in 2016 and 2017. In fact, he paid not a cent in income tax in 10 of the past 15 years . The stated reason for this is that parts of his businesses lost so much money, it almost entirely offset the profitable portions every year. To get technical, if he paid $750 dollars in income tax in 2016 and 2017, years which had a 10% tax rate for income up to rou...