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 roughly about $19,000 for married filers and $9,000 for single filers, Trump’s income would have had to have been only $7500. One does not simply live in the heart of NYC, or in the Florida area where Mar-a-Lago is, off of less money than it takes to buy the tiniest hatchback after the lease is up.

Of course, Trump had his undisputably rough stretches, as do all businessmen. In fact, the late 80s and especially the 90s were miserable times financially, if these returns are to be believed. 1995 was a low point, with Trump incurring losses of over $900 million. Without a lifeline, he would be hung out to dry like the dirty laundry he probably has way too much of. The first lifeline was a massive reduction in his taxes due to the losses. However, he got thrown another lifeline because certain TV executives suddenly remembered that Trump was an extremely marketable presence. The Apprentice blew up by 2005, giving Trump a massive break that probably saved his career. Unfortunately, it also created the thick veneer of prestige that lifted him to the Presidency. Until now, that has remained the case.

However, over the past days, it has become quite clear that Trump’s path since that recovery would someday be treacherous. Now, that time has come. The tax returns show that President Trump has hundreds of millions of dollars in loans, if not a billion, coming up in the next few years. If this is true, not even a second term can save this ship from sinking, a thousand miles from any land. The President is heading down a very dark path.

Think about it in terms of his famed border wall. Ever since he first alienated half the nation when he announced his Presidential run, he has been pledging to build that wall. He not only intends to build the wall on the border, but he is also building walls around himself at an ever-increasing rate. Here’s proof of that from Politico and Business Insider.

All kidding aside, as the walls grow bigger and more beautiful, Trump will find himself deeper and deeper into a downward spiral. In fact, if he wins, his darkest impulses, which are all that hide behind the walls right now, will be freed. Then, God knows what will happen. Should he lose, Trump will retreat entirely behind those walls.  From there, irrelevance, Trump’s greatest enemy, is inevitable. Should he lose the election, he will never be seen again, and rot away as an irrelevant shell of his former self. If he wins, he will take out his misery and hate on all of us, and justice will never come to the man that, for decades, has grifted the Land of the Free. F*** you, Mr. President. F*** you.