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From our correspondent
WASHINGTON – Il New York Times managed to seize some of the most coveted and most stubbornly hidden documents in recent years: the tax returns of US President Donald Trump.
The details, published in the first of a series of episodes announced by the newspaper, are very significant: because they contrast with the image of success that the president has always wanted to give of himself in his business; why Trump is the only president in contemporary history who does not declare the amount paid to the coffers of the state he runs; and because they will be central in the next decisive weeks of the electoral campaign, starting with the first debate against the challenger, the democratic one. Joe biden.
In addition to providing details on a business empire that seems far less robust than the president has always announced, the newspaper scoop allows you to take a closer look at how much Trump has classified many of his personal expenses as business expenses. Necessary expenses: remember the New York Times – to fuel an image of unrivaled and brilliant success: people like to believe that what is in front of them is “the greatest”, “the most important”, “the most spectacular”. a form of innocent hype: a very effective form of promotion, he wrote in his book Trump: The Art of the Deal.
Your expenses case, for fields of Golf that he uses continuously, for his private plane, even for him hairdresser – his – and for himstylist and the makeup artist – of the daughter Ivanka – have been, writes the American newspaper, systematically deduced. And despite the poor state of the president’s finances (who for years had reported tax situations to the state that could guarantee him to pay zero or very little federal taxes), those expenses were worthy of a life of luxury.
In detail, Trump has served up $ 75,000 used to fix his hair in the years he ran the TV show. The newbie.
Trump recorded $ 747,622 as anonymous consultant fees who developed the project of some hotels in Hawaii and Vancouver, Canada. Exactly the same figure appears on the form submitted by Ivanka Trump in 2017, when she was appointed by her father as a counselor in the White House.
The president classified the house of Seven springs, upstate New York – a kind of castle, built in the early 20th century, that was owned by the former owner of Washington Post – as a workplace, although children, in interviews, have repeatedly explained what a family residence was like, a good retirement where boys rode bikes, played games, fished, dived in pools.
Trump deducted more than $ 2.2 million in taxes on that property and demanded another $ 2.1 million for failing to carry out expansion work on that residence and thus keeping its original features.
Then there is the chapter dedicated to her daughter Ivanka: her favorite daughter also downloaded receipts for $ 95,464, issued by her hairdresser and makeup artist Trust – All expenses that accountants have classified as deductible business costs.
To classify an expense as deductible, the US tax authorities require that it be ordinary and necessary.
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