Taibbi: Trump Is Just One Player in a Much, Much Larger Tax Story | WHAT REALLY HAPPENED


Taibbi: Trump Is Just One Player in a Much, Much Larger Tax Story

“Tax bombshell,” blared Yahoo!

By my count, this was roughly the 4,790th “bombshell” of the Trump presidency, but one of the few to deserve the title. The Times story is an extraordinary piece of investigative reporting and a monument to the kind of work we all should be doing.

The parts I found most interesting were less about the rapaciousness of the Trump family per se than the myriad opportunities for gaming the system one presumes is available to everyone of this income level. The ordinary person cannot hire an outside appraiser to tell the IRS what it thinks he or she is worth, but the Trumps could systematically undervalue their properties for tax purposes (and then go back and overvalue them when it served their public relations needs).

Comments

Logical.

Reddit_is_Hasbara

Who could even imagine that Trump's office full of Jews would even think of gaming the system. It's antithetical to their whole world view.

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