In a desperate attempt by the opposition and its allied media to discredit President Trump, days before the presidential debates, The New York Times published a story reporting on decades of alleged tax evasion by the President Trump, although the data presented is not official and the origin of the data was not reported.
The Times report alleges, President Trump did not pay income tax during the 10 years prior to winning the presidency in 2016 and during the first two years of his term he would have paid only $750 a year. The report goes into detail about different mechanisms he would have used to evade a fortune in taxes. But it does not present a single shred of proof of the origin of the information, which in itself does not come from an official source.
A section of the Times report, in an attempt to explain the origin of the information, alleges the note was written based on President Trump’s tax records, but added, “We are not making the records themselves public because we do not want to jeopardize our sources, who have taken enormous personal risks to help inform the public.” It completely discredits all the information provided in the note.
The Breitbart News contacted White House press secretary Kayleigh McEnany on Monday, Sept. 28, who said Democrats and the liberal media are desperately trying to smear President Trump before the election, adding that such attacks were also seen in 2016 and clearly failed to persuade the American people.
McEnany also noted President Trump’s attitude of forfeiting millions by giving up his business to take responsibility for his office, while donating his salary since the beginning of his term.“For four years, the forgotten men and women of America have watched their president sacrifice his eminently successful business career, generously donate his salary, and tirelessly fight for them every single day,” McEnany said.
Several experts have already criticized the Times report on President Trump’s fiscal situation, including Ryan Ellis of the Center for Fiscal Freedom on his personal Twitter account and in an op-ed piece for The Federalist.
In the article written by Ellis, in addition to the fact that the data provided by the Times is of dubious origin, he argues that if it is true, it is a malicious and partial set of information.
In principle, Ellis explains the crucial difference between evasion and avoidance of taxes. Where to evade refers to illegally misrepresenting income and deductions in order to fraudulently decrease the tax obligation, while to avoid is to legally use available deductions and other tax benefits to legitimately decrease the tax obligation.
Taking into account Ellis’s statements, we can affirm that it is up to the corresponding authorities to analyze the president’s tax reports and determine with professional logic if there really is any kind of evasion. But what is clear, is the illegal attitude of the New York Times to publish the president’s tax returns and even more so if it is false information.
For the moment, there is no official information that indicates that the data in the New York Times report is true, and if it is, it still remains to evaluate if it really is tax evasion or simply a good job by professionals dedicated to legally reducing tax burdens.