Page 19 - Florida Sentinel 10-2-20
P. 19
Political
Bombshell Report
Crowd Chants ‘Vote Him Out’, Boos
Shows Trump’s Years
Trump At Court Viewing Of Ruth
Of Tax Avoidance
Bader Ginsburg Casket
President Trump paid just $750 in taxes in 2016 and the same sum in 2017, ac- cording to a bombshell report published Sunday.
He paid a big fat zero in in- come tax in 10 of the 15 previ- ous years, the New York Times found.
The report comes after years of fervent speculation about Trump’s taxes, with rivals, reporters and fans alike wanting to know just how much tax the self-pro- claimed billionaire really pays.
Tax records obtained by the Times show he “takes in hundreds of millions of dol- lars a year yet racks up chronic losses that he aggres- sively employs to avoid pay- ing taxes.”
The article noted the tax returns just reflect what he was willing to disclose to the IRS and don’t suggest any new links to Russia, a long- standing subject of specula- tion given the Mueller investigation and Trump’s public admiration of Russian strongman Vladimir Putin.
What the tax returns do show is that Trump’s "fi- nances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has per- sonally guaranteed.
“Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after
President Donald Trump was met with boos and chants of “vote him out” as he paid his final respects to the late Supreme Court Justice Ruth Bader Gins- burg.
Trump and First lady Melania Trump were at the Supreme Court on Thurs- day to honor the life of Gins- burg who died of pancreatic cancer Friday (Sept. 18). The couple, both wearing masks for the outdoor memorial, was met with jeers as they paused in front of Gins- burg’s flag-draped casket.
Chants of “Honor her wish!” “Vote him out,” and boos were directed at the president by mourners gath- ered at the Supreme Court to pay tribute to the life and
PRESIDENT DONALD AND FIRST LADY MELANIA TRUMP PAYING RESPECTS TO RUTH BADER GINSBURG.
PRES. DONALD TRUMP
declaring huge losses. An ad- verse ruling could cost him more than $100 million,” the Times reported.
A lawyer for the Trump Organization went into spin mode over the report.
“Over the past decade, President Trump has paid tens of millions of dollars in personal taxes to the federal government, including paying millions in personal taxes since announcing his candi- dacy in 2015,” Alan Garten said in a statement to the Times.
But the article noted Garten appeared to be mix- ing up income taxes with “other federal taxes Mr. Trump has paid — Social Se- curity, Medicare and taxes for his household employees.”
True to form, Trump on Sunday dismissed the report as “fake news.”
legacy of the liberal jurist. Ginsburg, 87, spent more than three decades on the High Court and has been li- onized as a trailblazer. Trump did not acknowledge the chilly reception and soon turned his back to leave.
As the Grio reported,
Trump has been adamant that Ginsburg’s seat be filled despite her stated wish that a new president names her successor. If Trump is able to make good on his vow and replace her anyway, six of the nine judges would lean conservative.
FRIDAY, OCTOBER 2, 2020 FLORIDA SENTINEL BULLETIN PUBLISHED EVERY FRIDAY PAGE 7-B