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The New York Times reveals that Donald Trump has not paid federal taxes in 10-15 years. In his early years as president, he paid $ 750, just under $ 7,000. The average American pays $ 12,000, SEK 109,000. Trump also happens to have large loans of about $ 400 million, about 3.6 billion crowns, which means he is deeply in debt. It is not clear who is responsible for the loans, but there should be no connections to Russia.
The news explains why Donald Trump objected to his remarks being made public. He calls the New York Times documentation “fake news.” It is common for presidents, and also presidential candidates, to report statements and various business transactions. The reason is that there should be no doubt that the president is using his office for personal gain.
This is not the first time that Trump’s statements are on the table
Four years ago, there was information that Trump’s business and statements could not handle a proper evaluation. Her opponent Hillary Clinton mentioned that she did not pay taxes but Trump interrupted:
– It’s because I’m smart.
Some of the deductions may be correct, as you took advantage of loopholes found in US tax law. But $ 70,000, 630,000 crowns, in deductions for combing her hair during her appearances on the soap opera “The Apprentice” is out of the law.
The New York Times revelation is the first in a series and is based on leaks from tax authorities, courts that will process the returns and probably also from a congressional committee that has had access to various documents.
Trump is said to be heavily in debt
Deductions and transactions between the accounts themselves and daughter Ivankas are supposed to be partly illegal. But the news that Trump is heavily in debt also changes the view of the president, who has claimed that he is a billionaire and therefore particularly suited to running the American economy.
Donald Trump’s niece has previously provided the New York Times with compromising information about her finances and those of her family. That information is in your new book. But the documents now published by the newspaper are more complete.
As a general rule, Americans do not have a negative perception of people who have created a fortune. But this only applies if everything was legal and if there are no serious ambiguities. Trump has long been known in business circles for what is called “unconventional methods” and for exaggerating the size of his fortune.
He cannot be brought to justice as president
For many years, Trump has allowed his lawyers to act to prevent business statements and transactions from being processed in court. During the presidency, he cannot be brought to justice either. But if you lose the election in just over a month, it’s a completely new situation. Then he is treated like an ordinary citizen without special privileges. Your entire family may be in trouble because your sons Donald Jr. and Eric and daughter Ivanka appear in various New York Times materials.
On Tuesday night, the night before Wednesday, Swedish time, the first debate between Donald Trump and Joe Biden will take place. It is believed that debates between presidential candidates can dramatically influence the electoral campaign. It is possibly a myth that the meeting between Richard Nixon and John F Kennedy decided the election in 1960. But the myth has come true and Nixon’s beard and sweaty forehead are still considered decisive. Errors and body language are analyzed.
The conservative Fox News is hosting the first of three debates between the presidential candidates. Part of the reason is that Fox decided not to report Trump’s returns and tax payments for most of Monday. Joe Biden will not allow Donald Trump or Fox to escape that news during the debate.
READ MORE: Trump’s haircut deduction: 640,000 SEK
READ MORE: It’s time for a debate battle between Trump and Biden
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