America Now Knows About Trump's Years Of Tax Avoidance

An explosive new report came from the New York Times yesterday, revealing that Donald Trump only paid $750 in taxes the year he was elected president, and that's still more than the ZERO dollars he paid each year for a decade before that. His base is already making excuses for him, but middle America might see this a little differently. Ring of Fire's Farron Cousins discusses this.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

So it was revealed yesterday that, uh, there's a good chance you are paying more in taxes each year than Donald Trump. The alleged billionaire president of the United States, according to a bombshell new report from the New York times, Donald Trump for the 10 years, uh, before 2016, payday whopping $0 in taxes every year for a decade from about Oh five to 2015, Donald Trump paid $0 in yearly federal income tax. And then in both 2016 and 2017, he paid $750. Each of those years in federal income tax to the United States government. This is according to 20 years worth of tax records that the New York times somehow got a hold of. And so now we know now America knows that Donald Trump for the last 15, 20 years, uh, has essentially not been paying taxes now, as it stands right now, there is no indication that anything Donald Trump did was illegal.

So it's not necessarily tax evasion, but it is 100% tax avoidance, but I will get more into the legality of it. And just a moment, because there are some, uh, pretty big discrepancies that do indicate there was likely something illegal taking place, or at the very least something incredibly dishonest on behalf of the president. But let's get the first thing out of the way, right? Because everybody on social media yesterday was talking about this. Once the story broke, this is all, anybody was basically even allowed to talk about it. Um, and then you had the folks, you know, the, the curmudgeonly type that just hate everything because they think they're supposed to hate everything. Uh, those folks coming out and saying, it doesn't matter, his base, isn't gonna care his base. Isn't gonna care. They're gonna applaud him for it. They're going to say, he's great for doing it.

And those folks are right by the way. Um, there are little, uh, legitimately Trump supporters out there, including plenty of blue checks on Twitter that say like, Oh, this is good. I actually like him more now because of it, those people are idiots. And let me tell you, we knew like you're not telling us anything. We didn't know by saying Trump's base is going to care. We know that we're not idiots. Trump's space are not the only people that vote in the election though. I don't think you realize that like all these curmudgeonly types on Twitter who say no base, isn't going to care. We know, we know Donald Trump could, as he said, himself, shoot somebody in the middle of fifth Avenue and his base wouldn't care. They would think it's the greatest thing in the world. There's nothing he can do to lose their support.

But his base is a tiny fraction of the entire voting public. So enough with the, his base won't care shit. We know, we know now move on middle America cares the people who are struggling to pay for their prescription drugs. They care the fact that the epi pens that I have to buy for my kids each year cost me more than the billionaire president paid in taxes. I care people who have to buy that care. People who pay their taxes care. This is a kitchen table issue. And right now in kitchen tables across the country, Americans are sitting there with a stack of bills, trying to figure out how they're going to pay him in the middle of a pandemic when 40 million people lost their jobs or how they're going to pay them. Even if they didn't lose their job. After 40 years of wage stagnation in the United States.