Trump demanded a tax deduction of 700,000 crowns for hairdresser – VG

The US president has used tax deductions to finance a luxurious lifestyle, sums up the AP news agency after the New York Times big tax revelation.

An example of this is the $ 70,000 registered for which the president has demanded a tax deduction, in relation to hairdressing lessons for the recordings of the reality show “The apprentice.” At the current exchange rate, the sum corresponds to approximately NOK 670,000.

A deduction of more than NOK 900,000 has also been demanded in the expenses of the favorite hairdresser and makeup artist of Trump’s daughter, Ivanka Trump.

Trump has also counted vacation homes, airplanes and golf courses as part of the Trump family’s business and thus claimed a usage deduction, which in turn has lowered his tax, writes AP.

“Lying, cheating and stealing”

The New York Times claims to have had access to Trump’s tax returns from more than 20 years ago. It states, among other things, that the president has not paid anything in federal income tax in 10 of the last 15 years.

– This crash confirms something of what we most feared. Donald Trump has spent his entire life abusing the tax system by lying, cheating and stealing at a level almost impossible to imagine. writes Bill Pascrell, who has spearheaded Congress’ fight to get Donald Trump’s tax returns published, on Twitter.

Trump himself claims the revelations are “fake news.”

-I have paid a lot, I have also paid a lot in income tax to New York, says Trump, and he says this will come out when he publishes his tax returns.

Foreign money

Another thing that emerges from the poll is that since Trump began his presidential campaign, foreign authorities, lobbyists and politicians have left significant sums on the president’s many properties and businesses.

This has led many to question the decency and legality of the Trump conglomerate, the AP writes.

Since 2015, when Trump was running for president, his Mar-a-Lago facility has raised the equivalent of more than 47 million crowns more in membership dues than in previous years.

The president’s projects in the Philippines have brought him more than 28 million income while he has been president, his investments in India amount to about 22 million, while the business in Turkey has accounted for almost 10 million crowns, the daily revelation shows.

Reveals losses

Since taking office, Trump has refused to release his tax return. With that, he breaks the tradition of openness established by his predecessors. He emphasizes the reluctance to part ways with fighting a legal battle to keep his tax numbers hidden.

Figures analyzed by the New York Times show that he reported a loss of $ 47 million in 2018, even though he has written elsewhere that he made $ 435 million, NTB writes.

Several US outlets, including the AP news agency, speculate that the desire to hide the finances of Trump companies may be due to the fact that many of Trump’s top companies are losing money.

Therefore, the figures may call into question his description of himself as a smart and patriotic businessman. Instead, they reveal a series of financial losses and foreign income that may conflict with your duties as president, NTB writes.

Time

The revelations come at a time when there is already much uncertainty and confusion for American voters.

It’s just over a month before people vote on who will rule the country after November 4.

There is already great unrest over the crown pandemic, racial profiling and the recent days battle for the Supreme Court seat, which was vacated when legend Ruth Bader Ginsburg died on September 18.