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Now that the Mueller report is pretty much OFF the table – at least, it is for Republicans – Libtards are beating their war drums and rallying the troops to re-engage on President Trump’s tax returns.
According to news reports, the New York Times obtained printouts of Trump’s IRS tax transcripts. It was recorded that President Trump lost over $1 billion from 1985 to 1994.
Apparently Trump lost so much money that he was able to avoid paying income taxes for 8 out of those 10 years, according to the tax return information.
His businesses during those 10 years were a combination of casinos, hotels, and apartment buildings, which accounted for an approximate $1.7 billion loss.
The Democrats have been trying to get a hold of Trump’s tax returns since 2016 but, since being elected, Trump has argued he hasn’t been able to release them because he’s under audit by the IRS.
Since becoming president Trump has turned over all his business dealings to his son, Donald Trump, Jr.
On Monday, U.S. Treasury Secretary Steven Mnuchin refused a request by the Democratic chairman of the House of Representatives Ways and Means Committee for Trump’s tax returns
The Democrats want to investigate, just like they did with the Russia/Trump collusion and the Mueller Report, to find any wrongdoing on the president’s part so they can try to impeach him.
The White House did not immediately respond to a request for comment.
The Times quoted a lawyer for the president, Charles Harder, as saying the tax information was “highly inaccurate.”
While it may seem this is another witch hunt, the president has told the American people he will release his tax returns AFTER the IRS has finished the audit.
Since President Trump’s business acumen and negotiating skills were exemplified during the 2016 presidential campaign, the Democrats will make attempts to use this information against him.
All Trump has to do is highlight where the economy is as of April 2019 to prove he KNOWS what he’s doing.
Trump, a real estate magnate who turned over the running of his businesses to his sons after his election in 2016, touted his business acumen and negotiating skills on the campaign trail.
Democrats want Trump’s tax data as part of their investigations of possible conflicts of interest posed by his continued ownership of extensive business interests, even as he serves as president.
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