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Trump biographer ties Epstein deal to why Trump continues to conceal his tax returns

A longtime Trump biographer says a murky financial rescue involving Jeffrey Epstein may explain why President Donald Trump has never released his tax returns. Journalist Michael Wolff, speaking on The Daily Beast podcast Inside Trump’s Head, recalled how Epstein allegedly helped Trump escape more than $1 billion in debt in the early 1990s by engineering loan forgiveness — and then, crucially, a way to avoid paying taxes on it. Wolff said forgiven debt normally counts as taxable income, but claimed Epstein advised Trump on a loophole that kept the IRS at bay, a maneuver Epstein later suggested was a key reason Trump’s returns have remained hidden. The story, Wolff said, sheds unsettling light on Trump’s decades-long secrecy — and on his financial entanglements with the now-disgraced financier.

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Trump's 'stealth tax increases' forcing holiday shoppers to 'make some choices': report

Wichita Eagle Opinion Editor Dion Lefler said most voters are feeling the weight of President Donald Trump’s tariffs this holiday season, but elderly grandparents on fixed incomes are definitely catching the worst of it.

“One of the funny things about tariffs — those pesky tax increases President Donald Trump has imposed on imported goods — is they show up where you least expect them. Like on your grocery bill,” Lefler said. “You may have absolutely nothing in your shopping cart but American-grown meat and produce. But that doesn’t mean that tariffs — Trump’s chief weapon in his trade war against the world — aren’t biting you in the budget this Christmas season.”

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'It's fascinating': Author reveals 'horrifying' reason why Trump's taxes remain secret

President Donald Trump and disgraced financier Jeffrey Epstein were in some shady business deals together, and one incident may hold the key to understanding why the president has never publicly released his tax returns, according to one Trump expert.

Unlike his predecessors, Trump has never publicly released his tax returns. He has claimed that they were being audited and used other excuses to delay their release. To journalist Michael Wolff, who has written four books about Trump, these actions were par for the course for the president, and he suggested that one deal in particular may have a lot to do with it.

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Outrage as Trump quietly mulls fresh 'tax windfall' for corporations

The Trump administration’s quiet effort to deliver billions more in tax breaks to some of the largest companies in the United States drew fresh scrutiny and outrage this week, with Democratic members of Congress warning that a series of obscure regulatory changes could further undermine efforts to rein in corporate tax dodging.

In a letter to the US Treasury Department unveiled Thursday, Sen. Elizabeth Warren (D-MA) and Rep. Don Beyer (D-VA) led a group of lawmakers in denouncing the Trump administration’s assault on the corporate alternative minimum tax (CAMT), a Biden-era measure that requires highly profitable US corporations to pay a tax of at least 15% on their book profits—the numbers reported to shareholders“The Trump administration has consistently chipped away at CAMT to further corporate interests,” the lawmakers wrote, pointing to rules issued in recent months exempting many corporations from the tax.

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Trump may be forced to fork over tax returns and medical records in Pulitzer lawsuit

President Donald Trump could be forced to give up his tax returns and medical records in a Pulitzer defamation lawsuit over the Russia investigation reporting awards, according to a report Monday.

Pulitzer Prize board members filed court documents in Okeechobee County, Florida, and after Dec. 11, Trump now has 30 days from that date to respond to the claims and document requests, Law & Crime reported.

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Trump lawsuit could force release of tax returns and medical records, filing says

President Donald Trump may be compelled to turn over years of tax returns, financial records and even medical information as part of his defamation lawsuit against the Pulitzer Prize Board, according to a new court filing. Defendants tied to the board have demanded sweeping disclosures dating back to 2015, arguing the records are relevant to Trump’s claim that Pulitzer-winning Russia investigation reporting defamed him.

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Kimmel blasts Trump as 'kid running for student council' after income tax pledge

Jimmy Kimmel has mocked a recent claim from Donald Trump, describing the president as a "kid running for student council".

Trump has made several outlandish claims which were quietly walked back or deconstructed by analysts who said it was simply not possible to legislate said order, and the "no income tax" comment from the president seems to be another of these.

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'The numbers don't add up': MAGA host sees through new Trump plan to end income taxes

Pro-MAGA host Gina Loudon said she didn't buy President Donald Trump's claim that he could use tariff revenues to abolish income taxes.

"I believe that at some point in the not too distant future, you won't even have income tax," Trump said earlier this week. "Because the money we're taking in, it's so great, it's so enormous that you're not going to have income tax to pay."

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