President Donald Trump is in the middle of a new scandal. Late Sunday night Norwegian time, the major newspaper The New York Times published a shocking revelation.
Trump allegedly did not pay income tax for ten of 15 years, according to information from tax returns over 20 years that the newspaper has obtained. According to the newspaper, Trump paid 750 dollars (7100 kroner) in federal income tax in 2016, the year he was elected president, and $ 750 left in his first year as president.
While the president calls the article fake news, Democrats are furious.
Nancy Pelosi, the leader of the Democrats in the House of Representatives, believes the article provides an insight into “the extraordinary measures the president has taken” to trick the tax rules and avoid paying his share of the tax, “as hard-working Americans do.”
She believes that the article provides further evidence that the Ways and Means Committee (which is controlled by the Democrats) should have access to Trump’s tax returns. The committee is the oldest in Congress, the most important committee on taxes and fees, and has tried to access tax returns in the past.
“It is a sign of President Trump’s contempt for America’s working families,” she said in a statement.
Bill Pascrell calls Trump the “most corrupt president in the country’s history.”
– As the leader of Congress’ fight to gain access to Trump’s tax returns since February 2017, this article confirms some of what we feared most. Donald Trump has spent his entire life abusing the tax system to lie, cheat and steal on a scale that is almost unthinkable.
Pascrell is a member of the aforementioned Ways and Means Committee.
– Trump’s financial loss confirms that while he presented himself as a brilliant financial wizard, he is a cheater, a fraud and perhaps the worst businessman in the world.
The documents obtained by the New York Times show that Trump has not paid income tax for ten of the last 15 years. This is due to large financial losses. Avisa writes that Trump also has large debts hanging over him, which he has personally guaranteed, as if he will soon have to pay. In addition, Trump is fighting the US tax authorities over $ 72.9 million Trump has withheld in taxes.
– I will not give up my quest to prove our case and continue to support our efforts for transparency. This is not political. No citizen is above the law, writes Pascrell.
The chairman of the Ways and Means Committee, Richard Neal, said on Sunday night that the article emphasizes the importance of the committee’s ongoing lawsuit to gain access to Trump’s tax return, writes CNN.
– I am confident that the law is on the committee’s side, he says, and calls their case too strong.
Kate Bedingfield, vice president of presidential candidate Joe Biden’s campaign, tells the TV channel that the article is a reminder of how clear the election is in the race between Park Avenue and Scranton.
Trump is known from New York, while Joe Biden is from the medium-sized city of Scranton in Pennsylvania.
– You have Donald Trump, a president who spends his time thinking about how he got out of paying taxes, to meet the obligation every other working person in this country performs every year. With Joe Biden, you have someone who has a completely different perspective on what it means to be a working family in this country, she says.
“Raise your hand if you have paid more in federal income tax than President Trump,” Chuck Schumer, the Democrats’ minority leader in the Senate, wrote on Twitter.
– The president pays less in taxes than struggling families – and he is proud of it. He believes that teachers and caretakers should pay to keep our country going, not billionaires or big corporations. It is time for rich and powerful people like Trump to pay their share, writes Elizabeth Warren Twitter.
She was one of the Democrats who tried to become the party’s candidate for this year’s presidential election, and was for a period considered one of the leading candidates in the nomination campaign.
– It should not require a court decision or a revelation to find out how much the president pays in taxes. We should demand that they release the tax return and stop them from owning business empires on the site, writes she continued.
Donald Trump, a self-proclaimed billionaire, received a tax refund of $ 72.9 million from the IRS (tax administration), while not paying a penny in federal income tax for 10 out of 15 years, writes Bernie Sanders, who also tried to win the party’s nomination as presidential candidate.
Trump is fighting the taxman over $ 72.9 million Trump has withheld taxes. The IRS believes he had no right to withhold taxes, and should Trump lose that battle, he will suddenly owe over $ 100 million, according to the New York Times.
– His bankers will have to deal with his failure as a businessman. But dealing with his failed presidency is up to us, writes Pete Buttigieg, who was also a hopeful candidate in the party’s nomination campaign.
– In 2016, Donald Trump paid 170 times more in cash to Stormy Daniels than he did in federal income tax, writes Gerry Connolly, a Democrat and congressman from the state of Virginia who also calls Trump a fraud.
Trump’s former personal lawyer, Michael Cohen, is now serving a three-year sentence under house arrest for, among other things, lying to Congress and for having paid Stormy Daniel’s 130,000 dollars (almost 1.2 million kroner) in so-called hush money. The money the porn actor is said to have received, not to mention the alleged affair during the 2016 presidential election campaign.
Stormy Daniels claims she had an affair with Trump from 2006.
– Fake news
Trump himself rejected the information at a press conference on Sunday night and called it completely fake – fake news. He claims he has paid a lot in taxes.
Trump has fought fiercely, even in court, against anyone seeking access to his tax information, including Congress.
A lawyer for the Trump Organization, Alan Garten, told the New York Times that “most, if not all, of the facts appear to be inaccurate.” He says Trump has paid tens of millions of dollars in taxes.
Trump is the first American president in modern history who has refused to present his tax returns. He claims that his tax information is very complex and that he can not publish it since it is under audit.
However, this would not prevent them from being published, and many believe he refuses to disclose them because he has something to hide.
Dagbladet is following the case.