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The Washington Post - The 5-Minute Fix
02 Nov 2022
Why we still haven’t seen Trump’s tax returns
Remember Donald Trump’s refusal to release his tax records during his first presidential run? Well, six years and two protracted legal battles later, the public still hasn’t been able to view the records.
What happened: Today, Chief Justice John Roberts put a temporary hold on the Treasury Department’s handover of Trump’s tax returns to the House committee, giving the Supreme Court more time to review an emergency appeal from Trump to block it entirely.
Why are Democrats in Congress still seeking the records? House Democrats have said getting the records would help them write legislation to improve the way presidents are audited by the IRS. And many Trump critics are eager to see what the tax records might reveal amid investigations of his businesses.
What is Trump’s argument? That the committee is politically motivated in seeking his records and has no legitimate legal reason for obtaining them.
What might the returns show? That Trump paid very little in federal taxes despite his vast wealth. In 2020, the New York Times reported that he paid no federal taxes in 10 out of 15 years and in 2016 and 2017 paid only $750 each year.
What happens next? The Supreme Court is considering whether to intervene in the case. If it does, there may be no final decision until the start of the next Congress in January. And if Republicans take control of the House, they could end the records request, essentially granting Trump his wish to keep the tax returns under wraps.
Sideface
https://newrepublic.com/article/168362/paul-pelosi-attack-almost-died-republican-response
This story is quite depressing but I see in the news today that even Trump can't help himself but float (yet another) bs conspiracy theory. This part is quite pertinent - before Republicans jump up and down with whataboutism:
...Yes, his GOP colleague Steve Scalise was almost killed by a deranged person who was a Bernie Sanders supporter. But … remind me of that time when Sanders joked about shooting GOP House members. Oh, right. Didn’t happen.
Of course, I guess we shouldn't expect Trump to act like a civil, decent human being - it's simply above him, and has been for most of his life.
Pretty sad it's come to that. Trumplicans must be getting desperate. I also saw this, along the same lines:
If someone like that knocked on my door demanding to know who I voted for, I would tell them to f-off.
This could (potentially) be where things get interesting.
quickymart:This could (potentially) be where things get interesting.
That's a sad writeup for what it says about US politics, most of it is just "this guy spent $70 million to buy his place against the other guy who only spent $50 million, this guy had $100 million but was outbid by another guy, etc". We need to revise the old saw about the best politicians money can buy.
Next book I'm reading, looks interesting so far - moreso since this guy was (was - I don't think so anymore) mates with one of the losers involved with the January 6 riot:
https://www.amazon.com/Why-We-Did-Travelogue-Republican/dp/0063161478
Trump has dropped his biggest hint yet that he will run again in 2024.
IMO if Biden runs and wins the Democratic nomination pretty much any Republican could run against him and win.
SJB:Trump has dropped his biggest hint yet that he will run again in 2024.
IMO if Biden runs and wins the Democratic nomination pretty much any Republican could run against him and win.
kingdragonfly: don't team up on one ticket as as president/VP
That would actually make the most sense for them, Trump as Dear Leader with de Santis in the wings waiting for the Dear Leader to kark it, with a more or less guaranteed presidency in the next run.
neb: We need to revise the old saw about the best politicians money can buy.
On that topic, Spending on US Midterm Elections to Exceed $16.7 Billion, Setting New Record, with Republican buyers outspending Democrat ones and billionaire buyers mostly backing Republicans. From the NYT article:
Fueled by an expanding class of billionaires, political spending on the 2022 midterm elections will shatter records at the state and federal levels, with much of it from largely unregulated super PACs financed with enormous checks written mainly by Republican megadonors.
[...]
While both parties have their billionaires, Republicans have many more. Of the 25 top donors this cycle, 18 are Republican, according to Open Secrets, and they have outspent Democrats by $200 million.
[...]
none of the figures tabulated by The New York Times or Open Secrets can be considered complete; all of them are likely to underestimate total contributions. That is because a complicated shell game — giving to political organizations that in turn give to other political organizations — masks exactly who is giving how much to whom.
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