The loony liberal left just doesn’t get it. We the People, the ones out on the fruited plain who have shaken off the spell they seem to think they still have us all under, see through their motives and objectives. Any time President Donald Trump is about to seriously advance against the swamp, someone of the mouthpieces publishes a breathtaking expose on The Donald, his past, and how his claims of being a self-made man just cannot be true.
It’s getting pretty monotonous, actually.
The latest attempt to sway the people that Donald Trump is a spoiled brat born with a silver spoon in his mouth comes from the New York Times. Somehow they got ahold of CONFIDENTIAL tax returns – that means they have them illegally – and have breathlessly claimed that Trump’s father fed him money for years to the tune of $143 million, and it was done using dubious tax evasion schemes.
President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found.
Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help.
But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day.
Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings.
A couple points to be made as reported by the alternative media: these people were WEALTHY. In the first two years of the Bill Clinton Administration, a 55% Federal Estate Tax was passed. All people with means scrambled to find a way to avoid it. That is how the irrevocable living trust that so many Americans have tucked in their safety deposit boxes came to be. Laws were changed to protect their assets – and it looks like the Trumps may have taken advantage of them along with the rest of the 1%.
And then there is the matter that the Internal Revenue Service accepted these returns. They are legal.
As for Trump not being a self-made man, in the world of Manhattan Real Estate, a one million dollar stake is not a lot. It wasn’t in the early 70s, and it sure as heck isn’t now. Donald Trump, before he ran for president, was worth BILLIONS. His father did not hand that to him. He did it himself.
Don’t think the people don’t know this and cannot see a narrative of “wag the dog” being formulated to cover for whatever bombshells are about to be dropped on the swamp.