Based on President Donald Trump’s tax information of over 20 years, The New York Times has reported that the president has issues with properties, his taxes are under an audit, and has hundreds of millions in debt. To reveal what’s going on and know who can best help you with a reliable and secure cash advance, keep on reading this post.
What Donald Trump Taxes Reveal
According to the mentioned report, the president hasn’t paid federal income tax in 10 of the 15 years prior to his election. In 2016, Trump paid $750 in federal income tax: 1 night’s stay in a suite at the Trump International Hotel in Washington, D.C. is more than the mentioned amount.
The New York Times has reported that from 1985 to 1994, the president lost “more money than almost any other individual American taxpayer.” However, his net worth accounts for $2.5 billion. The Times is wondering how Trump avoided making tax payments for the better part of this century.
What to Know More & How to Get a Cash Advance
According to Alex Cobham, the chief executive of the Tax Justice Network, the information about the president shows that he’s either a very bad businessman or a tax cheat with no respect towards the tax system. Cobham further adds that probably both statements are true.
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Now, let’s see what President Trump has noted in this regard. He calls The Times’ report has nothing to do with the reality, and it’s fake. As the president notes, he’s made tax payments, and this will soon be visible to the public after the audit on his tax returns is over. Trump also adds that the Internal Revenue Service (IRS) treats him very badly.
So, The New York Times’ report about President Donald Trump’s taxes is a revelation that’s surprising for many. Trump doesn’t agree with the report by claiming he’s made his tax payments.
Author Bio: Michael Hollis is a Detroit native who now lives in Los Angeles. He is an account executive who has helped hundreds of business owners with their cash advance solutions. He’s experimented with various occupations: computer programming, dog-training, scientificating… But his favorite job is the one he’s now doing full time — providing business funding for hard working business owners across the country.