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What does 10 out of 15 years and the amount have to do with anything? It means he had losses or sufficient deductions in 10 and gains or insufficient deductions in 5. So what? Refund means he overpaid on his taxes and gave the gov a free loan. Can we be intellectually honest?
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Shock of shocks! Donald Trump, the self-proclaimed billionaire, received a $72.9 million tax refund from the IRS while not paying a nickel in federal income taxes in 10 out of 15 years. Yep. Trump l-o-v-e-s corporate socialism for himself, rugged capitalism for everyone else.
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We’ll see
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1. Clear evidence of fraud by Trump. We now know exactly why he didn’t want his tax returns released. I would not be surprised to see him do a deal with the southern district of ny to avoid jail time for tax fraud after leaving office. nytimes.com/interactive/20
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The real outrage is that it takes a phalanx of tax attorneys to run the gauntlet and come out ahead. It’s ironic that he’s vilified for sticking it to the fed (and being pilloried for it) by those who would benefit most from similar behaviors.
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I'd rather everyone operate within the same ruleset regardless of income. Its been exposed endlessly but neither party does anything about it. Almost no one's business pays much in federal taxes, getting a massive refund is different.