Trump's Taxes Shed New Light on IRS Whistleblower Complaint
Courtesy of Amee Vanderpool
(Trump speaks at a rally on August 21, 2018 in Charleston, West Virginia. Photo by Spencer Platt, via Getty Images.)
On Monday night The New York Times released a bombshell after obtaining more than two decades of Donald Trump’s tax information that revealed what many had suspected — a compromised financial predicament that hinged on the need to promote a brand, under the guise of serving the public. Trump’s records confirm that his properties are not as lucrative and vast as he claims, and he has gamed the tax system by using massive write-offs.
His financials also reveal a portfolio that includes hundreds of millions of dollars in debt that would have been hard for Trump to access without the backing of someone else, and those loans are set to come due during the next few years — right in the middle of a hypothetical second term as president.
The article also explains that Trump is still embroiled in a decade-long audit battle with the Internal Revenue Service over an enormous refund that Trump received by emphasizing millions in losses, that may or may not be legitimate…
Amee Vanderpool writes the SHERO Newsletter and is an attorney, published author, contributor to newspapers and magazines and analyst for BBC radio. She can be reached at avanderpool@gmail.com or follow her on Twitter @girlsreallyrule.
