Like father, like son, like son-in-law, like daughter; the Trumps are aggressive tax avoiders at best.
What has been revealed may be beautiful to some, unsurprising to others by this degree. It is also important to emphasise that we cannot inform whether or not or not there’s any illegality involved: the reporters had entry to Trump’s tax return info, not basically to all of the supporting paperwork or, additional importantly, the federal authorities’s responses to Trump’s tax reporting positions.
Nonetheless previous the trivia of tax, the latest Trump info tells a far bigger and further important story. It tells a narrative of desperation.
The President has one predominant asset: his title. Trump’s race in opposition to time and his collectors, in all probability along with the tax collector (pending the outcomes of his ongoing IRS audit), is decided by his ability to keep up borrowing in opposition to his title to repay his cash owed and finance his lifestyle — all until he dies and leaves the whole mess for his heirs to clean up. Cases reporting signifies that this recreation was virtually up for Trump sooner than the 2016 election, and this may be why he ran for office: to boost the price of his mannequin, to keep up the scheme going.
Lo and behold, Trump gained the presidency in 2016, pushing apart his private personal day of reckoning. Nonetheless for the whole time he has been residing rent free throughout the White Residence, Trump has been a decided man, going by means of giant cash owed and looking for one other particular person to pay them off.
In a accident, the voters who gave Trump a financial reprieve can now make him face his private financial reckoning, on his private — for as quickly as in his life.