For all the caterwauling by Democrats over the release of Trump’s taxes, it ended up being a big, big letdown for them. They thought that this would finally be the thing that put Trump behind bars. Or, at least embarrass Trump (can he be embarrassed?)
Opinion: Trump’s tax returns are much to do about nothings
Hallelujah! The House Ways and Means Committee has released former President Donald Trump’s tax returns from 2015 to 2020. If nothing else, this will – let us hope! – release me from being asked about the release of Trump’s tax returns, as I have been for over six years now.
There’s plenty we already knew. In 2020, the New York Times analyzed 20 years of Trump’s tax returns, including some of the ones released Friday. And earlier this month, the House Ways and Means Committee released two reports that found the Internal Revenue Service failed to audit Trump in the first two years of his presidency despite the IRS’ mandatory audit program for US presidents, and summarized in detail the top-line numbers for the full six years.
What we got from this latest data dump is thousands of pages of returns, exhibits, schedules and such. Dedicated accountants and journalists will pore over these documents and we are sure to see plenty of headlines like “Top 10 surprises in Trump’s tax returns” in the coming days and weeks.
But we have long known the basic story. Trump is a bad businessman who seems to lose money on everything from casinos to golf clubs, with steaks and vodka and even a so-called university in between. So the main reason he often pays so little, if any, in taxes, is that he often reports a loss. He also lost other people’s money and got big tax breaks for that.
If there was anything big in his returns it would be the primary headline. They even changed the headline on the front page to “The Real Outrage in Trump’s Taxes”, which is that The Rich aren’t paying their fair share or something. I really do not need to expound on the stupidity of this liberal HotTake, right?
Just reading this headline I think, does ANYONE not try and keep this at a minimum? It is legal to keep at a minimum…I bet every editor at the post tries to keep their taxes at a minimum :) pic.twitter.com/Uc7sjrLqa2
— Greta Van Susteren (@greta) December 31, 2022
The Washington Post still has no smoking guns, and coverage is dropped to way low, down into the Politics section. By Saturday night, the NY Times didn’t even have an article on it featured on the web front page. Same with the LA Times. Coverage is minimal at NBC, CBS, and ABC news. Cue sad faces. Maybe they’ll get him next time.
Did they ever consider that Trump was refusing to release his taxes was simply to mess with them?