Over the weekend, The New York Times (illegally) disclosed some of the details in Trump’s tax returns over the last few decades and the biggest takeaways they had are that Trump paid just $750 to the IRS in 2016 and 2017 (he paid $1 million in 2016 and $4.2 million in 2017, but “virtually all that liability was washed away when he eventually filed, and most of the payments were rolled forward to cover potential taxes in future years”, according to The NYT, so that talking point is dishonest) and that he paid no income taxes in several years because of losses made in those years.
And the Left and media (but I repeat myself) are acting as though this is a massive new revelation that is sure to undermine Trump’s chances at re-election and especially with blue-collar workers. What a load of crap, for a few reasons.
First of all, and perhaps most importantly, we know exactly why THIS is the story and not something else: the media and the Left overhyped Trump’s tax returns for the past four years, claiming that it is where we are definitely going to find evidence of Trump colluding with Russia, through some sort of payment or whatever made out to Putin.
In the end, The New York Times reports “[The returns] report that Mr. Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth (side note: this is the case for literally everyone who pays taxes because of the way the tax law is written. This is not an anomaly special to Trump). Nor do they reveal any previously unreported connections to Russia.”
And THAT is the biggest takeaway from this, but it deflates the Left’s narrative. For four years, Rachel Maddow and others in the media kept pointing to Trump’s tax returns as being the pot of gold at the end of the rainbow – the definitive place where Trump would be caught red-handed in making shady deals with the Kremlin relating to the 2016 election and maybe other things as well. For four years, they assured their base that once they got his tax returns, they would be able to find evidence of criminality and finally get rid of Trump.
After four years, they finally got Trump’s tax returns and they show nothing, zip, zero, nada. Nothing about paying Putin to do something about the election. Nothing about making shady deals with Russia. The best they got is Trump complying with the tax system the Washington Establishment created for years. He's taking advantage of the rules that the Bidens and Pelosis established decades ago. And they think that this somehow hurts Trump, which is hilarious.
Which brings me to the second reason this is all a load of crap: THIS ISN’T NEW! TRUMP HAS ADMITTED TO TAKING ADVANTAGE OF THE TAX SYSTEM!
Here is The New York Times on October 10, 2016: “Donald Trump Acknowledges Not Paying Federal Income Taxes for Years.”
Almost four years to the date, The NYT comes back with a similar story, this time with Trump’s tax returns, and they think this is a blow to Trump?
Trump has the financial muscle to hire tax lawyers and accountants to find loopholes in the crappy tax system that globalists in Washington have created. If there was any illegality in what Trump did, THAT would be the story, but it’s not alleged. Trump didn’t skip out on paying income taxes because he’s Charlie Rangel or something. He didn’t evade paying taxes. He took advantage of loopholes that made it so he didn’t have to pay taxes.
It’s perfectly legitimate and, if anything, praiseworthy. Taxation is theft, the IRS are crooks, and paying the government the least amount of money necessary is pretty patriotic. If anything, this exposes the liabilities of the current tax system: the rich people have the muscle to find loopholes to avoid unnecessarily paying taxes while the little guy cannot do that and will often pay more than he has to.
Do you really think Trump is the only rich guy to take these sorts of advantages? Why do you think it is that uber rich guys like Bill Gates and Warren Buffett call for higher income taxes for the rich, but oppose things like Warren’s wealth tax? They can take advantage of income tax loopholes they know quite well, so they have no issue with higher income taxes (not to mention it makes them appear “selfless” in the eyes of the ignorant Leftist base). But a wealth tax goes after their net worth directly, which is a big problem for them.
Rich people can take advantage of the system the Washington Establishment has created. And somehow, Trump is the one who is rotten here for playing the game that others play? It’s somehow a massive scandal that Trump pays so little in taxes, something he has ADMITTED TO FOUR YEARS AGO?!
No, it isn’t. But the Left is strapped for stories that make Trump look awful, which is why they have to tell lies and half-truths about him. They lied about his comments regarding the military. They lied about his attitude towards handling the Chinese coronavirus. And they are lying about what Trump’s tax returns say about the guy.
Again, one of the BIGGEST reasons they are going with this angle is because they overhyped the idea that his tax returns would prove collusion with Russia and basically affirmed to their base that that’s exactly what the tax returns would show if they could get their hands on them. Now that they saw them and there is nothing about Russian collusion, they have to save face with little nothing burgers that are not even news.
Trump playing within the rules of the system to gain an advantage is something HE ACTIVELY HAS BRAGGED ABOUT. It’s not a new story, it’s not a controversy, and most importantly, it's not illegal. All it shows is that the last lead the Left had to “finding” Russian collusion regarding anything related to Trump ended up going nowhere. This is something EVERYONE should have expected because the IRS has had Trump’s tax returns on file for DECADES and would have turned them over to either the FBI or the Mueller Special Counsel if they had anything about Russian collusion.
In fact, I wouldn’t be surprised if the Special Counsel specifically asked for the tax returns because the Leftists in the media were so sure that they would point to collusion, and ultimately found nothing. If there had been something about the Russians that proved collusion in his tax returns, trust me, we would’ve known A LONG TIME AGO.
Mueller found nothing, the corrupt FBI found nothing, the corrupt media found nothing, and they continue to find nothing. All of these years, with perhaps the most extreme vetting of a public official in the history of this country, and no one can find any sort of illegality or criminal behavior at any point?
People will talk about how “Trump is immoral” but considering how squeaky-clean the guy is, I can’t help but roll my eyes at such an “argument”. If he were as immoral as people say he is, everyone would have found something which would have led to his removal from office. At the end of the day, all the Left had was a phone call made to Ukraine which passingly touched on Hunter Biden and the Democrats went ballistic, opting to impeach him in an effort to save Biden’s and Obama’s behinds. It was an entirely partisan effort with only one GOP traitor, the most expected one of them all, joining the Democrats in voting to remove Trump on one of the two articles of impeachment the Left ultimately put forth, neither of which had anything to do with the phone call or Ukraine.
A false basis for an impeachment is all they had because Trump is not immoral (not to say he’s free of sin, what I mean is that he’s not the immoral demon that the Left has made him out to be) and has not committed any crimes that anyone can reasonably point to.
The Left says he’s corrupt but in the past week, we have found that he legally played within the boundaries of the system (again, he’s bragged about doing this) and that Hunter Biden received millions of dollars from the wife of a former mayor of Moscow (among other large payments).
And yet, the former is the story? I shouldn’t be so surprised, to be frank. The Left had to try and cover Biden’s behind and simply not covering the Hunter Biden story wouldn’t have been enough (and I think this is another big reason for this NYT story, apart from trying to save face about the contents of the tax returns). They have to try and go on the offensive, particularly as the election draws near, so they push out a nothing burger story that will be the center of everyone’s attention over the real story of the corrupt business dealings of the Bidens.
This, among many other reasons, is why the fake news media is the enemy of the people.
2 Timothy 3:13
“While evil people and impostors will go on from bad to worse, deceiving and being deceived.”
Author: Freddie Marinelli.
Freddie Marinelli and Danielle Cross will bring you the TRUTH that the Left denies you. You'll live a more joyful and victorious life, because the Truth will set you free...