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All of that being said, is it likely that Trump legitimately Nice Nebraska’s 2nd You’re Welcome America Tee Shirt avoided paying any income tax at all over most years in a decade and a half while supposedly owning and operating multiple enormous, profitable businesses? I would likewise not stake my status as a professional on such a claim. There are, unfortunately, tremendously powerful legitimate tax avoidance mechanisms available to the ultra-wealthy. That’s true. So, what about the debt? This is by far the most important question, one I asked in my original post along.
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So, don’t go light up Twitter telling everyone you are certain that Trump is a fraud and a tax cheat. We can’t definitively say that today. What we can say is that we have a tax system that is unnecessarily Nice Nebraska’s 2nd You’re Welcome America Tee Shirts complicated and works too often to the advantage of the few and to the detriment of the many. True, sensible, progressive income taxation without the back doors and loopholes would help the American people as a whole. We don’t have such a system and likely won’t in the near future, and that is not your fault. Go on ahead and be bothered by the depressingly low bottom line income tax assessment you are seeing here. It’s immoral. Be bothered by the debt. It’s troubling. And don’t take shit from people who will try to shout you down for not being tax experts.
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