A few questions for Donald Trump during the presidential debate on Tuesday.
Mr. Trump, a Starbucks barista who earns $ 20,000 a year, pays $ 760 in federal income tax. Why did you pay $ 10 per year less in 2016 and 2017?
Mr. Trump, the average American paid about $ 12,200 in federal income taxes in 2017, but you haven’t paid anything at all in 10 of the past 15 years. How did you do it?
Mr. Trump, Joe Biden and his wife, Jill, paid $ 3.7 million federal income tax in 2017 and $ 1.5 million in 2018, or about a third of their adjusted gross income. Who’s the richest man standing on this stage tonight?
While we talk about the Bidens, Mr. Trump, Joe and Jill donated $ 1,275,000 to charity in those two years. How are your charitable donations going?
Mr. Trump, on presidential financial disclosure forms – what you told voters – you claimed to have earned at least $ 434.9 million in 2018. But in your tax returns – what you told voters ‘IRS – You reported a loss of $ 47.4 million in 2018. The The New York Times blew up your coverage on Sunday. Were you lying to the country or to the IRS?
Mr. Trump, The Times reported that your whole facade of business acumen and wealth is about to crumble. You are personally on the verge of repaying $ 421 million in loans over the next four years, and the IRS plans to recover $ 72.9 million in tax refunds, plus interest. Should we believe that a president in such dire financial straits, and of such low character, will put our nation’s interests ahead of his own?
Speaking of which, Mr. Trump, how big would your business empire be today – a ballpark figure – if you weren’t already monetizing the presidency? Your hotels and golf courses, as the Times revealed, have become “bazaars for raising money directly from lobbyists, foreign officials, and others looking for time, access or a favor.”
Revenues from your Mar-a-Lago club initiation fees soared while you were president, allowing you to withdraw $ 26 million from the business from 2015 to 2018, three times what you got. paid in previous years. Businesses and groups eager to win your favor, like Bank of America, the United States Chamber of Commerce, and Walgreens, have spent tens of millions of dollars hosting events and renting space at your properties.
On foreign conflicts of interest
Mr. Trump, The Times revealed that your bottom line depends heavily – even more than previously reported – on foreign investors and governments. Should we be worried, sir?
When, for example, Turkish business interests directly press you for more US trade, as they did, should we be worried that the chief lobbyist has already helped you make a deal to build two towers? Trump in Istanbul that brought you at least $ 13 million?
Mr. Trump, is it fair to question the patriotism of a president who pays more taxes to several foreign nations, including the Philippines, India and Panama, than to the United States of America? You pay more in their armed forces than in ours.
Mr. Trump, who else do you owe tens of millions of dollars? Shouldn’t the American people be fully informed of all your conflicts of interest before you call up another foreign leader again?
Ivanka’s big salary
Mr. Trump, why are you paying your daughter Ivanka twice for the same job?
The Times found that the Trump Organization paid Ivanka $ 747,622 for “consulting” work on hotel deals when she was already an employee of the company. A cynic, sir, might say that you did this to reduce your taxable income and transfer assets to your daughter without incurring any gift tax.
Mr. Trump, on another topic. Seventy thousand dollars to style your hair?
Mr. Trump. Ninety-five thousand dollars to style Ivanka’s hair?
Mr. Trump, you say the Times investigation is “totally fake news.” But you haven’t cited a single factual inaccuracy. Please do so now. If you can.
Mr. Trump, will you agree to release your tax returns tomorrow morning so the American people can judge for themselves who is releasing “totally bogus news?” ”
Working at Starbucks
Mr. Trump, help us understand. You are constantly losing tens of millions of dollars more than you earn. You lose so much – and claim so many dubious expenses – that you barely pay income tax. Are you a) a pitifully inept businessman; b) A tax evader; c) A crook; or d) All of the above?
Mr. Trump, once you’re out of office, your creditors and the IRS could come together quickly. Are you afraid of losing everything?
Or could you be okay with working at Starbucks, sir, except for the higher taxes?
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