'Toontime: Nixon Pen Pal

“A business man who was also a biologist and a sociologist would know, approximately,

 the right thing to do for humanity. But, outside the realm of business, these men are stupid. 

They know only business. They do not know mankind nor society, 

and yet they set themselves up as arbiters of the fates of the hungry millions 

and all the other millions thrown in."

--Jack London, Iron Heel

 

Trumpillini cannot even claim he is an ACE business person after the NY Times finally released two decades of his tax returns on Sunday.  The idiot has lost not one $400 million fortune that his daddy bestowed, but another $427 million he earned from his inane TV show, The Apprentice, where he conveniently honed his executive schtick.  Running for president in 2016 was a grift, intended to bolster his flagging brand with conflicting business deals and free 24/7 media exposure, until he actually won the "rigged" contest.  After that, he was willing to shake down foreign leaders for more money. ($73 million income from  foreign sources) Trump made an absurdly large amount of money ($2.3 million) from handling the 2013 Miss Universe pageant in Moscow. Could it be Putin has some of his golf markers on file? His courses have lost $$315.6 million since 2000. The 'King of Debt' owes about $1.13 billion according to Forbes including a disputed 2010 tax refund of about $72.9 million*, and $421 million in guaranteed loans coming due by the end of a second term, if he gets one.  No wonder he does not want to leave the immunity of the Room Without Corners!

 

Fours years, an impeachment, and one pandemic later, he is now exposed for what he is: an emperor without clothes, an amoral white collar criminal, and a national security risk.  The man has even used his daughter, Ivanka, as a recurring tax dodge, avoiding gift taxes by deducting her six figure allowance as consulting fees.  In fifteen years the billionaire has paid a total of $1,500 in federal taxes, and for ten of those years he paid zero; many middle class taxpayers pay that much in one year.  As he once said, "only chumps pay taxes".  So what does that make the infantile idolizers who put him in power and enable his misbegotten rule?  Has 'daddy' finally arrived to take l'il Donny to the woodshed? US Person, who once got a D in a college business ethics course, can only hope.

 

credit: A. Zygus, Buffalo News

 

“The orderly transfer of authority as called for in the Constitution routinely takes place as it has for almost 

two centuries and few of us stop to think how unique we really are. In the eyes of many in the world, 

this every 4-year ceremony we accept as normal is nothing less than a miracle."--Ronald Regan


End the Nightmare: VOTE!

 

Chumps!....

*The tax refund must be reviewed by the Senate Joint Committee on Taxation where it has stalled since 2016. His accountants made use of a tax credit provision known as abandonment of a business. This claim is probably related to his decision to give up his money-losing casinos in Atlantic City. The credit is enormous, $700 million in losses, but to qualify Trump cannot have any thing of value remaining from the supposedly worthless partnership interests he abandoned. However, records show that when the casino bankruptcy was concluded, he got a 5% interest in the stock of a successor company. If his tax credit claimed is disallowed, the Heel will owe the IRS more than $100 million including interest. Nancy, are you paying attention because tax fraud is an impeachable offense.