President Donald Trump was revealed as a tax fraud in a New York Times report Sunday evening. The report detailed the two years that Trump paid taxes; he only paid $750 each year. The self-described billionaire shows that he has nearly $500 million in debt.
Trump has built his career on the idea that he is one of the country's best businessmen. He even founded the show "The Apprentice" to promote his business expertise and pick the next big business expert. The Times reported Trump has earned more money by pretending to be a businessman than he has made actually developing business.
Ironically, Trump attacked former President Barack Obama for only paying 20% in taxes in 2012. Trump paid far less.
@BarackObama who wants to raise all our taxes, only pays 20.5% on $790k salary. http://t.co/bqF26mQf Do as I say not as I do.— Donald J. Trump (@Donald J. Trump)1334341179.0
In 2016, Trump campaigned on the idea that a businessman in the White House was what America needed to rebuild an economy that former President Barack Obama had already rescued from what was, at the time, the worst economic crisis since the Great Depression. That crisis has since been revealed by the high unemployment due to Trump's failure to handle the coronavirus pandemic.
Trump was mocked and attacked for stealing from the American taxpayer with millions in refunds, hefty hair-do fees, Ivanka Trump's makeup costs, paying off affairs and sexual harassment allegations and so many more scams.
Trump's supporters tried to claim that it was an example of the president's "genius."
See the comments from folks below:
@natsechobbyist i think we are his gofundme— Laura Rozen (@Laura Rozen)1601257392.0
TRUMP SUPPORTERS: "I just want a manly, robust alpha-male silverback gorilla who reeks of pure testosterone and spe… https://t.co/b99amcQbG6— Rick Wilson (@Rick Wilson)1601249807.0
Trump would rather have people thinking he's a tax cheat than a business failure.— Alex Parker (@Alex Parker)1601257582.0
I paid more in taxes in the past ten years than Trump has... I’m a teacher. #TrumpTaxes #TrumpIsBroke— #RandomWhiteGuy (@#RandomWhiteGuy)1601251788.0
Imagine spending more than the median *household* income for an American family to get...Trump’s “hair.”— phillip anderson (@phillip anderson)1601251737.0
In 2016, Trump paid $129,250 more to Stormy Daniels than to the USA government.— Jeet Heer (@Jeet Heer)1601247110.0
If I give my kids money, can I deduct it? They are great kids. We go way back. https://t.co/WvnPvzUZr8— Karen Tumulty (@Karen Tumulty)1601248898.0
.@DRUDGE report right now https://t.co/0AinzEMLfe— Andrew Feinberg (@Andrew Feinberg)1601248020.0
He’s broke, he lives in our house, and he’s been stealing from us.— Jason Kander (@Jason Kander)1601247474.0
Re Trump's massive fraudulent tax cheating: this is who he is and has always been: a lying, cheating felon. Lock him up.— Tony Schwartz (@Tony Schwartz)1601241927.0
Does he think people who pay taxes are losers and suckers— George Conway (@George Conway)1601249353.0
#TrumpTaxReturns is trending #1. Pass it on. @MeidasTouch https://t.co/hPAQeiywkl— Southern Sister Resister - Wordsmith #WeAreFresh (@Southern Sister Resister - Wordsmith #WeAreFresh)1601247751.0
You just know Biden is gonna get hammered tomorrow when, in the interest of fairness, the NYT drops a 10-page hit p… https://t.co/KSbz0F1u5S— Adam Parkhomenko (@Adam Parkhomenko)1601251074.0
I thought @realDonaldTrump was a grifter because it’s his personality. Turns out he needs the taxpayer funds being… https://t.co/sY1ZAHiYxm— Ted Lieu (@Ted Lieu)1601249292.0
An actual billionaire in New York once told me “Trump isn’t rich. Trump isn’t a billionaire. He’s a clown living on… https://t.co/Tx6HaKrzAa— Rick Wilson (@Rick Wilson)1601243934.0
I always said his taxes would make no meaningful difference, because cheating on your taxes is the American way. Bu… https://t.co/mARz5k1U0V— Richard M. Nixon (@Richard M. Nixon)1601242411.0
@realDonaldTrump @BarackObama There. Is. A. Trump. Tweet. For. EVERYTHING. #TrumpIsBroke edition #DonTheCon… https://t.co/ickvKUYBHU— Holly Figueroa O'Reilly (@Holly Figueroa O'Reilly)1601250171.0
Americans dead: 200K; Taxes paid: $0. #TrumpTaxes https://t.co/3UDCLtmcNJ— Frank Figliuzzi (@Frank Figliuzzi)1601252173.0
Donald Trump is one of the biggest tax cheats in US History. Pass it on. #TrumpTaxes #DonaldIsBroke https://t.co/Rd28y7eqof— Debra Messing✍🏻 (@Debra Messing✍🏻)1601252399.0
Before y'all say "I need his accountant" or "Trump is smart"...his scam could lead to over a $100 MILLION tax bill… https://t.co/7ZaKCuJRy5— BlackWomenViews Media (@BlackWomenViews Media)1601251375.0
I laugh at all the idiots that say they voted for Trump because he’s a great businessman... he will bankrupt this c… https://t.co/YPfO2g89i9— Irishrygirl (@Irishrygirl)1601252160.0
Can someone lock down the Treasury before @realDonaldTrump gets his hands on any more of our money? #TrumpTaxes— Paulette Feeney (@Paulette Feeney)1601251763.0
Weird to be trolled by the former acting DNI but sorry it’s not advocacy to ask people if they paid more than $750… https://t.co/fjTaGdXhib— Susan Glasser (@Susan Glasser)1601243731.0
In other words, Barack Obama paid $161,000 on his $790,000 salary while Trump paid $750 dollars two years in a row… https://t.co/c7Q4G9rt4a— Josh Jordan (@Josh Jordan)1601252485.0
Man, I hope Jared can hook up enough lending capacity from his sponsors in the Gulf to bail out his father-in-law.— Rick Wilson (@Rick Wilson)1601250032.0
I’m sorry but you should have to pay more than $750 in taxes to pick the next Supreme Court Justice.— Akilah Hughes (@Akilah Hughes)1601243676.0
Fun fact: In 2016, Trump paid Stormy Daniels more than 173x what he paid the federal government in income taxes.— George Takei (@George Takei)1601250674.0
Remember when Trump was going to loan his campaign $100,000,000? https://t.co/6HpFZLk8dg— Rick Wilson (@Rick Wilson)1601252415.0
Hardest hit in this story of Trump being broke: Melania. @FLOTUS....he can't even pay the settlement from the prenup. Ouch.— Rick Wilson (@Rick Wilson)1601249490.0