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Originally Posted by Darrell Green Fan
It was widely reported that Trump paid no taxes in 10 out of 15 years as he claimed losses. He paid $750 in the year he was elected and again $750 the first year in office. See the link below. Not only didn't Trump deny this he actually bragged about it by stating "that made me smart" as well as (paraphrasing) "if you have a problem with it get the laws changed", which I agree with by the way. He was simply playing by the rules. But he most definitely paid less in taxes than you did in so many years. Is it really news to you that the ultra wealthy have ways to get out of paying their fair share of taxes?
Well many of us will work to change the laws by casting our votes in November.
https://www.nytimes.com/interactive/...imes&smtyp=cur |
The wealthy not paying their fair in taxes is a myth.
Most of the government’s federal income tax revenue comes from the nation’s top income earners. In 2021, the top 5% of earners — people with incomes $252,840 and above — collectively paid over $1.4 trillion in income taxes, or about 66% of the national total. If you include the top 10% — everyone who made at least $169,800 — that figure rises to $1.7 trillion, or 76% of the total.