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The ‘New York Times’ alleged that the billionaire president paid only $ 750 in federal income taxes in 2016, the year he won the White House, and in 2017, and no federal income taxes in 10 of the 15 years. earlier because he reported losing more money. of what he did.
US President Donald Trump addresses supporters during a campaign rally at MBS International Airport in Freeland, Michigan, on September 10, 2020. Image: AFP.
WASHINGTON – US President Donald Trump faced allegations Sunday that he paid little or no federal income tax for years before coming to power, as his murky financial past fueled controversy before the first election debate.
the New York Times alleged that the billionaire president paid only $ 750 in federal income taxes in 2016, the year he won the White House, and 2017, and no federal income taxes in 10 of the previous 15 years because he reported losing more money of the one who won.
Trump, who immediately dismissed the allegations as “totally false news,” is preparing to meet his Democratic opponent Joe Biden face-to-face in a pivotal live debate Tuesday.
The Republican leader has broken with presidential tradition by refusing to release his tax returns, waging a long battle in the courts and sparking speculation about what they might contain.
“First of all, I paid a lot and I also paid a lot of state income taxes … Everything will be revealed,” Trump said with a shrug. Times story that cites tax data spanning more than 20 years.
the Times said Trump reduced his tax bill through a $ 72.9 million tax refund that is the subject of an Internal Revenue Service audit. He also reportedly took tax deductions on residences, airplanes, and $ 70,000 in hairstyling for television appearances.
Meanwhile, his golf courses report losing large amounts of money, and hundreds of millions of dollars in loans that he personally guaranteed will soon be due, according to The New York Times.
Democrats jumped at the charges, and House Speaker Nancy Pelosi said it showed “Trump’s disdain for America’s working families,” and party colleague Chuck Schumer asked everyone “to pay. more on federal income taxes “raise your hand.
Massachusetts Rep. Richard Neal, chairman of the House Ways and Means Committee who has tried unsuccessfully to obtain Trump’s tax records, said the Times report makes it even more essential for his committee to obtain the documents. .
“It appears that the president has taken advantage of the tax code and used legal fights to delay or avoid paying what he owes,” Neal said in a statement on his Facebook page.
“Now, Donald Trump is the head of the agency he considers an adversary. It is essential that the IRS presidential audit program remains free from interference.”
Biden’s campaign team posted a tweet simply stating how much federal income tax teachers ($ 7,239), firefighters ($ 5,283), and nurses ($ 10,216) had paid – all groups that have been affected by the pandemic or the west coast wildfires, two main topics before the debate.
In Tuesday’s election debate, millions of Americans will watch as the two antagonists, who describe each other as existential threats to the country, step into the ring live on television after months of shadow boxing.
ERRORS AND ERRORS
Trump taunted Biden on Sunday with another salvo on his mental acuity.
“I will strongly demand a Sleepy Joe Biden drug test before or after Tuesday night’s debate,” he tweeted, saying one would also be done.
“His performances in Debate have broken UNEQUAL records, to put it mildly. Could only drugs have caused this discrepancy?”
When asked by reporters about the lawsuit, Biden laughed before declining to comment.
Both men are prone to making mistakes and blunders when speaking, but Trump, 74, has repeatedly described Biden, 77, as senile.
On Saturday, Biden said he expects “personal attacks and lies” from the president, comparing Trump to Nazi propaganda chief Joseph Goebbels.
The former vice president has until recently remained near his home in Delaware due to the pandemic, while Trump has circumvented his own government’s social distancing guidelines, staging demonstrations packed with people with few masks in sight.
The debate also comes as both sides attempt to exploit Trump’s attempt to install conservative Amy Coney Barrett in the seat of the late Justice Ruth Bader Ginsburg on the Supreme Court.
Trump views his Barrett nomination, possibly tilting the court to the right for years, as a fundamental boost to his troubled campaign.
HIGH STATE DEBATE
But Biden accused Trump of rushing Barrett’s nomination to launch a new assault on healthcare and urged the Senate to delay confirmation until after the election.
Barring a major surprise, Republican senators, who have 53 out of 100 votes in the upper house of Congress, are expected to confirm Barrett.
The television debate could be a wild card, as Trump needs to surpass 200,000 coronavirus deaths in the United States, the long-lasting economic fallout, and fatigue from the constant turmoil that shakes his administration.
Unlike the sycophantic treatment you enjoy during your weekly calls to Fox News or the worshipful atmosphere at rallies, you will find yourself facing a determined rival who paints you “toxic” to America.
Meanwhile, favorite Biden mostly needs to stand his ground against a man many call a master provocateur.
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