Good news! The garbage media finally did their job! They took more information from one of their “anonymous sources” that have been so good to them these past four years and ran with a story about President Trump’s old tax returns. Oh wait…this is the same stunt they pull every time President Trump gets a boost in the polls.
After Trump’s meteoric rise in the polls these last few weeks, the media has been desperate for something…anything…to try to take down the President. When one of their anonymous sources offered up Donald Trump’s tax returns to the New York Times they jumped at the opportunity to stop him from winning reelection in a landslide.
Only that’s not quite what happened with the New York Times story about Trump’s tax returns. Their story just showed them to be a bunch of dumb people who don’t know how to read loan reports and forms.
The good news is that the New York Times has finally, at long last, on the eve of the 2020 election, found an actual crime that has Donald Trump’s name attached to it. The bad news? The New York Times committed it!
The Times didn’t win an unprecedented court battle to force Donald Trump to release his tax returns. Some federal bureaucrat, either at the IRS or the Treasury Department, stole a copy of Donald Trump’s tax returns and illegally gave those returns to the New York Times. The newspaper is now breaching Donald Trump’s right to privacy by publishing details about his personal tax returns without his permission.
There’s absolutely no question that the leaker and the New York Times have committed federal crimes in publishing Trump’s private tax returns. There’s nothing sneaky or nefarious or controversial about this. Your tax returns are private. My tax returns are private. Donald Trump’s tax returns are PRIVATE unless he chooses to voluntarily release them to the public. His personal right to privacy does not evaporate completely just because Donald Trump now happens to be one of the greatest presidents in American history.
Remember Roger Stone? It was an open-ended question whether he had lied to Congress. Maybe he did, maybe he didn’t. Maybe he misspoke or maybe his words were misinterpreted. On the suspicion that he may or may not have committed a crime, dozens of FBI agents pointed machine guns at his face to arrest him. That’s how Roger Stone was treated, even though it was an open-ended legal question over whether he had actually committed a crime.
But with the IRS leaking Trump’s tax returns to the New York Times, there’s nothing open-ended. A federal crime was definitely committed against Donald Trump. Where are the machine guns? Oh, right. Our two-tiered system of justice doesn’t work that way. People who commit crimes against President Donald Trump don’t have to be inconvenienced with things like following the law or getting arrested.
You’ve probably seen the Democrat Party/media’s main talking point about Trump’s tax returns by now: “Evil Trump only paid $750 in tax in 2016 and 2017 because Evil Trump is evil and stuff.”
This is a lie which is, in large part, based on the fact that socialists cannot do math.
The IRS demanded that Donald Trump pay $5 million in taxes one year. Trump dutifully sent them a check for $5 million. Then, the IRS ran Trump’s returns through a complicated gauntlet and determined that after balancing profits and losses, Trump didn’t actually owe anything. Then, without asking Donald Trump his preference on the matter, the IRS kept the $5 million to apply against future years’ taxes. Um… thanks?
How generous of the IRS to keep Trump’s $5 million that he didn’t owe! The greedy villain probably wanted his money back! And let’s just ignore all of the years in the early 2000s when Trump paid as much as $70 million a year in taxes.
Another talking point: Trump’s a terrible businessman because he operated at a loss for a bunch of years. Plus, being an evil villain of evil, Trump didn’t pay taxes during those loss years!
There are two main ways that major corporate entities can operate at a loss: The smart way and the dumb way. The smart way, which Trump did, was to make capital investments back into his business so that profits were offset, and he no longer had to pay $70 million a year in taxes. The dumb way to operate at a loss is to infuriate your customers and drive them away from you as you lose gobs of money in the worst self-owning manner possible. (See the NFL and NBA in 2020.)
Are you liberals really arguing that losses should taxed? Are you that bad at math and logic? Should a poor person be slapped with a giant tax bill because they took out a payday loan last year to feed their kids, thus spending more than they earned?
You really, really suck at math if that’s your angle on this.
By the way, everything that Trump did during the years covered by his illegally stolen tax returns was perfectly legal, under laws passed by both parties in Congress. Rich people don’t pay taxes, because that’s how Congress set the system up. The middle class pays taxes, so that more people cannot become rich.
(One huge thing that’s been overlooked in 2020: The $1,200 coronavirus stimulus checks this year, which Trump fought for, were the first honest-to-goodness tax cut that the middle class has ever received.)
Here are the two main takeaways to realize about the “Trump’s tax returns” non-scandal: Trump overpaid his taxes by $5 million and the IRS kept the money anyway. And the political party that is too dumb to read a balance sheet wants to be in charge of the country next year.