Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Trump's Tax Returns Prove He Lied About His Bank Account In China
Posted
January 2, 2023
Views
171,005
Likes
5,478
Comments
1,343
Engagement
3.99%
January 2, 2023
171,005
5,478
1,343
3.99%
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11:15Now PlayingTurns out Trump lied about his bank account in China, shocking. John Iadarola, Jordan Uhl, and Cenk Uygur discuss on The Young Turks. Watch TYT LIVE on weekdays 68 pm ET.
Read more HERE
"Six years of Donald Trump’s federal tax returns released on Friday show the former president paid very little in federal income taxes the first and last year of his presidency, claiming huge losses that helped limit his tax bill, among other revelations.
The returns, long shrouded in secrecy, were released to the public on Friday by the House Ways and Means Committee, the culmination of a battle over their disclosure that went to the Supreme Court. They confirm a report issued from the Joint Committee on Taxation that Trump claimed large losses before and throughout his presidency that he carried forward to reduce or practically eliminate his tax burden. For example, his returns show that he carried forward a $105 million loss in 2015 and $73 million in 2016.
The thousands of pages of documents from the former president’s personal and business federal tax returns – which spanned the years 2015 through 2020 – provide a complex web of raw data about Trump’s finances, offering up many questions about his wealth and income that could be pursued both by auditors and Trump’s political opponents."*
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