President Donald Trump has said he wants the Supreme Court to intervene on his behalf in any post-election dispute over the counting of ballots.Read more
But beyond the minutiae of tax, the latest Trump data tells a far bigger and more important story. It tells a tale of desperation.
Trump emerges as a man living large, losing large, and constantly staying just one step ahead of his creditors. His businesses lose money. This gives him tax losses but the need for cash to keep living large. He gets lots of money — some $300 million at least — from borrowing. And Trump, the self-proclaimed King of Debt, knows that borrowing is not taxable income.
The fundamental purpose of government is rather simple: protect the citizenry. Any deliberate perversion of this priority is an exerciseRead more
“Those jobs will all be back and they’ll be back very soon,” Trump insisted, again ignoring warnings from economists that a recovery is nowhere close. “People are ready to go, we’ve got to get it open.Read more