Perspectives: New York Times Report on Trump's Tax Returns
Summary from the AllSides News Team
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From the Center
How Trump’s Tax Returns Could Affect The ElectionOn Sunday, a New York Times exposé on President Trump’s tax returns revealed decades of tax avoidance and millions of dollars in business losses over the past two decades. The picture painted by Trump’s returns is sharply at odds with the shrewd, deal-making image the president has tried to fashion as a real estate mogul and TV star on a show built around his business prowess, “The Apprentice.” Now, five weeks from Election Day, the question is will these new revelations affect the presidential race?
There are really two parts...
From the Right
Trump's tax returns aren't out of the ordinaryThe New York Times really needs to get its complaint straight. Apparently, President Trump is a no-good businessman who never makes any money, and so he aggressively avoids tax payments, paying just $750 in income taxes in 2016 and 2017 (if the report is true, which Trump has unsurprisingly called "fake news"). No doubt, he has to be aggressive to ensure he doesn't pay taxes on money he hasn't made. Or maybe it's all just another reason to stand in Midtown Manhattan shrieking about Trump.
Because there's nothing in Trump's...
From the Left
The Most Brazen Trick Trump Tried to Pull on His TaxesThe explosive New York Times report on Donald Trump’s tax returns confirms a great number of things about the president’s finances we’ve only been able to speculate about for years. We now know that Trump really was telling the truth when he claimed, beginning in the 2016 presidential campaign, that he was being audited by the Internal Revenue Service (though such an audit would not prevent him from releasing his returns—that part he really did make up). We also now know—though we basically already did—that while Trump made a lot...
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