Friday, October 5, 2018
SCAM!!!
A few days ago, a story by the New York Times broke that (horror of horrors), Donald Trump and his family may have engaged in some (this part may shock you) shady practices involving the avoidance of paying taxes (oh my).
So there's this guy in the White House as "President" who has been accused of not being on the up and up when it comes to paying taxes.
Why is this not a bigger story?
The night it broke, Trump was sucking all the air out of the room by insulting an alleged victim of sexual assault. As with most things in Trump World, there is so much shit going on at any given time, it's not always possible to pay attention to it all.
It's old news. At lot of the questionable behavior tracked by the times goes back to days of Fred Trump, Li'l Donnie's dad, and the various shell games employed back then to hide as much money as possible from the IRS.
It's not Donald news. As damning as the NY Times piece may be to the Trumps in general, it lands few blows on the bloviating orange shit bag himself.
It's unsurprising news. If you're a Trump supporter, oh look, the lyin' New York Times is at it again, trying to take down Donald Trump. If you have a working brain and are not a Trump supporter, you may well be thinking, "Hey, the Trumps did a bunch of slippery things to avoid paying taxes? Well, that sounds about right."
it's not pertinent news. The statute of limitations has long since run out on actual or potential illegal malfeasance. And if anyone would be on the hook for any criminal charges, it would be Fred Trump and Fred is dead nearly 20 years now.
The only real damage the Times piece may do is to Donald's self narrative that he's been selling for years, as the self made billionaire, a successful businessman who attained that success on his own and on his own terms. With only a small loan from dad ($1 million), Trump foraged out into the world and built an empire from nothing.
By age 3, Donald Trump was earning $200,000 a year in today’s dollars from his father’s empire.
By age 8, Donald Trump was a millionaire.
In his 40s and 50s, he was receiving more than $5 million a year from dear old dad.
In the late 1970s, Donald Trump escaped from Brooklyn and Queens to the glitz and the glamour of Manhattan, Fred opened all the taps for a torrent of loans.
More loans were forthcoming from Fred Trump when Donald decided to go into the casino business in Atlantic City.
A ‘small loan’ of $1 million? Try something like $61 million in loans, mostly unrepaid.
Fred Trump had a safety net for Donald as his son careened from one bad bet to another.
All of this runs counter to the snake oil Trump has been selling for years.
But it won't matter to his base. And to those with two or more brain cells to rub together, it will be yet another thing that will not stick.
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