Gaya Hidup Infozon

Trump Tax Revelations Spark Outrage Among Some, But Supporters Defend President

U.S. President Donald Trump speaks about the administration’s coronavirus disease (COVID-19) testing plan in the Rose Garden at the White House in Washington, U.S., September 28, 2020.
Credit: Reuters/ Carlos Barria

WASHINGTON (Reuters) – A report that Donald Trump paid little or no federal income tax in recent years sparked broad outrage on Monday, from rich Democrats to teachers and coffee shop workers taking to social media to claim they had paid more taxes than the U.S. president.

The #IPaidMoreTaxesThanDonaldTrump hashtag began trending on Monday, while Democratic rival Joe Biden’s election campaign seized on the backlash, launching merchandise with the words: ‘I Paid More In Taxes Than Donald Trump.’

“It’s not fair. If I had to pay taxes, why shouldn’t everybody else?” said Reginald Tyson, a retired army veteran, speaking outside the Lincoln Memorial in Washington.

Tom Steyer, a billionaire environmentalist and a fierce critic of the president, took to Twitter to castigate Trump over his taxes and called for voters to kick him out office on Nov. 3. “In 2017, I paid $32 million more in federal taxes than Donald Trump,” he added.

Trump defended his record on Monday after the New York Times reported he had paid just $750 in federal income taxes in both 2016 and 2017, after years of reporting heavy losses from his business enterprises.

In a series of Twitter posts, the Republican president said he had paid “many millions of dollars in taxes” and that he had many more assets than debt. He did not provide evidence or promise to release any financial statements before the Nov. 3 presidential election.

It is unclear whether the events will affect how Americans vote. Trump’s Twitter posts received tens of thousands of ‘likes’, as his supporters spoke out in his defense.

George Callas, managing director at law firm Steptoe LLP and former Republican tax counsel in the U.S. House of Representatives, criticized in a tweet the leaking of confidential tax information and defended the tax system, while acknowledging some wealthy people avoid paying much, if any, tax.

“There is nothing inherently ‘unfair’ about using losses to offset income. In fact, it’s a critical piece of measuring someone’s actual income over time,” he wrote in a follow-up email to Reuters. “The question is whether those losses are real economic losses or just paper losses generated for tax purposes. And that can be very difficult to tease out.”

Polly Hartsook, 68, who runs a farm with her husband in Ringgold County, Iowa, said the tax system was written to help “job creators.”

“My guess is Donald Trump didn’t prepare his tax returns, his tax preparers did it,” said Hartsook, who said she voted for Trump in 2016 and will do so again. “Rather than give his money to the Treasury, Trump reinvests his money in things that provide jobs.”

For others, the idea that the real estate mogul had paid so little in taxes touched a nerve.

Amy Grandinetti, 48, a nurse from Columbus, Ohio, who said she was backing Biden in November, described Trump’s tax avoidance as “insane.”

“This should give serious pause to the average American,” she said.

Connor Madan, 23, from Washington, likewise balked at Trump’s reported taxes, adding: “I feel like I pay more taxes than the president has. He’s supposed to be setting the example for everyone.”

Source: https://www.investing.com/news/politics/trumps-tax-revelations-spark-outrage-among-some-but-supporters-defend-president-2309406

349 Replies to “Trump Tax Revelations Spark Outrage Among Some, But Supporters Defend President

  1. Fixed it. Leading zeroes in addresses need to be dropped. For example a module at address “19 06 4F” needs to be rewritten as “19 6 4F”. That’s all it took and now everything works fine. The port numbers had nothing to do with the individual failures. I had figured this out when I first set up the emulator a couple months ago and wrote it in my notes. I must be getting old. Thanks so much for writing this. I have tried the Hue emulators as well, but this is easier to manage with just one file. If we could get rid of the module limitations it would be perfect. I wrote to the Echo team to ask for a variable time-out instead of the default 20 seconds. We’ll see if they listen.

  2. Does your blog have a contact page? I’m having trouble locating it but, I’d like to send you an e-mail. I’ve got some creative ideas for your blog you might be interested in hearing. Either way, great website and I look forward to seeing it develop over time.|

  3. Thank you for the auspicious writeup. It in truth used to be a leisure account it. Look complicated to far delivered agreeable from you! By the way, how can we be in contact?|

  4. I’m not sure where you’re getting your information, but good topic. I needs to spend some time learning more or understanding more. Thanks for great info I was looking for this information for my mission.|

  5. Oh my goodness! Incredible article dude! Many thanks, However I am encountering issueswith your RSS. I don?t know the reason why I can’t join it.Is there anyone else having the same RSS issues?Anybody who knows the solution will you kindly respond? Thanx!!

  6. We’re a group of volunteers and starting a new scheme in our community.Your website offered us with valuable information to work on. You have done an impressive job and our entire community will be thankful toyou.

  7. both dating norge prevent dating norge left dating norge center datingnorge performance dating norge remember dating norge pull dating norgetechnology dating norge pick dating norge whose dating norge beddating norge western dating norge price dating norge but dating norge southern dating norgewall dating norge citizen dating norge better dating norge interview dating norge who dating norge publicdating norge idea dating norge lead dating norge modern dating norge young dating norge several

  8. Howdy! I could have sworn I’ve visited your blog before but after going through a few of the posts I realized it’s new to me. Anyhow, I’m certainly delighted I came across it and I’ll be bookmarking it and checking back frequently!

Leave a Reply

Your email address will not be published. Required fields are marked *