Trumps taxes made public & why it’s great news!

Oh boy, oh boy! Today is the day, everybody! Trumps taxes have been made public! This is great news, and the reason why is super simple. But before we get to that, let’s just say take a second to recognize what a momentous occasion this is. It’s a gamechanger, but not for Trump. How many times has the issue of Trumps taxes come up? How many times do you think the Donalds returns have been under scrutiny? The New York Times looked. Meuller and his team looked. The State of New York looked. The City of Manhattan looked. They all went over these returns with a fine-tooth comb. But now it’s different right? Now all of America can go over them. That’s awesome. Here’s why: It sets a precedent. So, let’s do it! Let’s look at a bunch of returns of politicians who are getting filthy rich while in “public service.”

We should start with Joe Biden right outta the gate. And no, we don’t want to see his personal returns. The ones he shows off every time he runs for office. While those are probably a lovely little piece of performance art, we want to see the LLCs taxes. Joe and his wife have S Corporations, hmmm isn’t that interesting? Below is a little taste of a report by The Intercept:

‘The Bidens have used their home state’s financial privacy laws to shield his income from public view, by setting up two tax- and transparency-avoidance vehicles known as S corporations. He and his wife Jill Biden called them CelticCapri Corp. and Giacoppa Corp., respectively, and, according to the Wall Street Journal, have reported more than $13 million in profits the previous two years that weren’t subject to specific disclosure or self-employment taxes.’

So, after doing the smallest amount of research, apparently S Corporations are a fantastic way to hide income and move money around and not pay taxes. There are plenty of articles about that very thing. So, hooray. Trumps taxes are public. Whoop dee do. Thanks for making that a thing. Now we want to see everyones. Including their side hustles.

Here’s a couple of those interesting articles about Joe and his little companies. https://theintercept.com/2019/09/11/joe-biden-financial-disclosure/

https://www.foxbusiness.com/politics/multimillionaire-bidens-use-of-s-corporations-draws-scrutiny-by-republican-who-sees-hypocrisy

About the Author
Writer, Comedian, Geek, Purveyor of the Sexy Heathen lifestyle. Sometimes on TV. AKA 'The Mgmt.' Always hanging round TheLoftusParty.com

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