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New York Times Goes Full ‘Resistance’ with Trump Tax Docs

Trump’s business gambles didn’t always pay off, it turns out, but that doesn’t seem to be bothering his base.

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New york Times

For years, we have been hearing about Donald Trump’s tax returns.

We’ve heard that they’re under audit.  We’ve heard that they would otherwise be released.  We’ve heard that there’s nothing to learn from them.

We’ve heard a lot of things.

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But that hasn’t stopped congressional democrats from attempting to unearth the documents in recent weeks through subpoenas and legislation.  This fight has gone all the way to the treasury department, with head Steve Mnuchin just the other day defying the requests from Congress directly.

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The New York Times was somehow able to procure similar documents to those requested, and have published their findings.

The data — printouts from Trump’s official Internal Revenue Service tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and most detailed look to date at the president’s taxes, information he has kept from public view. Though the information does not cover the tax years at the center of an escalating battle between the Trump administration and Congress, it traces the most tumultuous chapter in a long business career — an era of fevered acquisition and spectacular collapse.

The numbers show that Trump’s bold business dealings weren’t entirely successful.

The numbers show that in 1985, Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the IRS compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the IRS information for those years.

While the figures may be staggering to some, Trump’s fortune is built upon the concept that “scared money don’t make none”.

Furthermore, given the glut of other attack being leveled at the President in 2019, these alleged “revelations” aren’t likely to moe the needle on his approval ratings.

 

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Billionaire David Koch Dies; How Leftists Respond Is Absolutely Appalling

This is horrible.

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Billionaire libertarian David Koch has passed away at the age of 79, and as you might expect, the liberal media had a lot to say about the man, none of it really any good. While we’re used to seeing the left trash folks on the right, especially when they die, the venom spit at Koch by liberals is appalling in every imaginable way. These people truly have no shame. via The Daily Wire: “David Koch was a villain who devoted his wealth to further enriching himself and his fellow plutocrats, while spinning us all toward environmental doom,” wrote Slate’s Jordan Weissmann. “I don’t believe in an afterlife, but if there is one, I hope his soul suffers for eternity.” “David Koch is dead. Forget the fawning obituaries: the man spent his life funding campaigns to dismantle unions, drive down wages, slash benefits and destroy the planet. He was a monument to the grotesque greed of the billionaire class — and why we need to defeat them,” wrote Tribune Magazine’s Ronan Burtenshaw. “I’m sure David Koch loved his grandkids or whatever, but the reality is that he and his greedy generation in Big Business and politics set the world on fire from Alaska to the Amazon, and now they won’t be around to watch the flames consume the rest of us,” tweeted Philadelphia Inquirer columnist Will Bunch. “David Koch wanted to abolish public schools, Social Security, Medicare, Medicaid and rent control,” said CNN commentator Keith Boykin. “He financed groups that denied the research on climate change. He funded the Tea Party. And he used dark money to support right-wing causes and Republican candidates for office. “Seeing lots of headlines about David Koch’s death referring to ‘billionaire’, ‘industrialist’ or ‘libertarian’ Koch,” wrote Mehdi Hasan, a columnist for The Intercept and Al Jazeera…

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It Ain’t Over Yet: Special Prosecutor Appointed In Investigation Of Jussie Smollett

Let’s hope we get the truth soon.

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Just when you thought the Jussie Smollett investigation/case had completely fizzled out and nobody cared anymore, a judge from Chicago appointed a special prosecutor Friday morning to lead the investigation into how the case was handled. That’s right, y’all. It ain’t over until it’s over. Here’s The Daily Wire with details: Cook County Judge Michael Toomin appointed former U.S. Attorney Dan Webb to the position to investigate the way the case was handled — specifically, why the 16 criminal charges against Smollett were dropped and to potentially reinstate the charges or even add additional charges against Smollett. “Webb gained prominence for his lead role during the Operation Greylord investigations into judicial corruption in Cook County,” Fox 32 reported. “He served as special counsel in the Iran-Contra affair and was previously appointed by Judge Toomin in the death of David Koschman.” Webb told reporters on Friday: “I don’t know where this case is going. The facts will take me where they take me.” Toomin ruled that a special prosecutor was needed in the case because “Cook County State’s Attorney Kim Foxx had no authority to hand [the case] off to her top deputy after announcing she recused herself,” CBS News Chicago reported. Foxx had been in contact with relatives of Smollett’s and was apparently approached by former first lady Michelle Obama’s chief of staff on behalf of the Smollett family. Obviously, that is a big no-no. Perhaps with this investigation we’ll all gain a little more insight into what actually happened and learn once and for all whether or not this whole attack was concocted as some sort of career boosting scheme Smollett or if it was for real. The evidence is certainly stacked against Smollett at this point in the case, but who knows what direction it could all take?

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