Business-genius Trump declared negative income in:
2015
2016
2017
2020

Trump paid a total of $1,500 in income taxes in 2016 and 2017

And in 2020, Trump claimed a refund of $5.47 million

The IRS declined to perform its mandatory audit on sitting presidents for Trump in 2017, 2018 and 2019

So we literally paid Trump to incite a riot and attempt a coup. How’s that feel?

2015: negative income $31.7 million, taxable income $0.
Paid $641,931 tax
2016: negative income $31.2 million, taxable income $0.
Paid $750 tax
2017: negative income $12.8 million, taxable income $0. Paid $750 taxes
2018: positive income $24.4 million, taxable income $22.9 million.
Paid $999,466 tax
2019: positive income $4.44 million, taxable income $2.97 million.
Paid $133,445 tax
2020: negative income $4.69 million, taxable income $0. Paid $0 tax.
Claimed a refund of $5.47 million

@flexghost So if my math is correct for 5 years, the stable business genius supposedly lost a total of $51.55 million (positive income - negative income), and his net government welfare income (refunds - payments) was $3.7 million.

Of course it's just accounting gimmicks. Ethically vile, but technically legal.

But this is the same klan that tried to annihilate the constitution so we shouldn't be surprised.

@flexghost

The entire family are the REAL welfare queens. Their vast fortunes were amassed by at least two generations manipulating government contracts and suing for grants when they didn't qualify. Then they turn around and get tax REFUNDS worth more than a lifetime's wages for most people.

Plus it's much easier to get rich when you don't pay half your bills.

It's not clever. It's not savvy. It's sleazy, narcissistic fascism.

'Murka.

@LibertyForward1 great reference! They love pointing fingers but every accusation is a confession