[Hoot Gibson]

https://www.cnn.com/2020/09/28/opinions/...index.html

The New York Times has broken a major story, based on access to decades of President Donald Trump's tax return data, just as they have in the past broken stories about the President's father, Fred Trump, and his aggressive tax planning, Donald Trump's billion-dollar tax losses in the late 80s and early 90s, and son-in-law Jared Kushner's years of apparent multimillion dollar federal tax avoidance.

Trump emerges as a man living large, losing large, and constantly staying just one step ahead of his creditors. His businesses lose money. This gives him tax losses but the need for cash to keep living large. He gets lots of money -- some $300 million at least -- from borrowing. And Trump, the self-proclaimed King of Debt, knows that borrowing is not taxable income. 

The upshot is that Trump's creditors may now include all of us. Trump may be found to owe the government $100 million or more in back taxes, penalties and interest. Along with the debt, this makes Trump's tab coming due -- potentially hundreds of millions of dollars -- to say nothing of the ongoing expenses of his extravagant lifestyle.

HAHAHAHAHA!!!! 

"Aggressive tax planning" and "tax avoidance" are fancy terms for "minimized his taxes" "paid as little of his money to the government as possible" "broke no laws" and "didn't do anything wrong". Only idiots pay more tax than they are required to by law. More fake news from CNN and NYT that keeps people like you brainwashed. The IRS has been auditing Trump tax returns for years and NOTHING.

You're probably one of those people that CNN and NYT also brainwashed into thinking M Cuomo deserved an Emmy and book deal for killing untold thousands of elderly and then lying about it and covering it up...

Trump's day of reckoning with the IRS is coming soon, that I can assure you.  

I find it troubling that so many people seem to not have a problem with a supposed multi millionaire who has dodged taxes for so many years and seem to believe that is some sort of a badge of honor in getting away with it so far.  If we all did this, what do you think would happen to our country?

Mr. ImNotASocialistBut..., as JP said, the IRS has been auditing Trump and his corporations for many years and have never found any serious issues. Democrats have reached a new low in fearing a potential presidential candidate so much that they are harassing him and desperately trying to saddle him with legal issues to discourage or prevent him from running again. Their cowardice is really shocking.

The biggest potential problem that Trump has, IMO, is that his lying, dishonorable disbarred lawyer who negotiated the deal to silence Stormy Daniels has promised to help Democrats prove that Trump engaged in criminal behavior. Michael Cohen should have no credibility, considering his criminal record and his blatant disregard for attorney-client privilege. However, if Democrats get Trump in front of an Obama-appointed judge in a liberal court, Cohen will probably be treated as a heroic whistleblower who was victimized by Trump. If Cohen can help convict Trump of something, anything at all, then Biden may nominate him for a newly created Supreme Court seat because Democrats are that desperate to prevent Trump from running again in 2024.