The Daily Populous

Monday September 28th, 2020 evening edition

image for Whoever Owns Trump’s Enormous Debts Could Be Running the Country

It’s about the mystery of who owns Trump’s outlandish debts, and the degree of secret power they may be wielding over the country.

It’s not just an issue of his class: the scale of his tax avoidance far dwarfs that of most others in his income bracket.

Despite posturing as a billionaire, Trump paid only $750 in taxes for the years 2016 and 2017.

Keep in mind, though, that this is just what we know of from his own personal reporting to the IRS.

Still, even if the darkest fears turn out to be unfounded, some group of individuals still owns Trump’s nearly half-billion dollar debts.

But even with just what we know now, the country faces an unprecedented policy and national security crisis.

Trump must be impeached and removed, because the country faces grave risks every day he remains in power. »

Ex-Trump campaign manager Brad Parscale hospitalized; was armed and threatening himself in Fort Lauderdale home

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When officers arrived on the scene, they made contact with the woman, the man’s wife, who had called 911.

She told police that her husband was armed, had access to multiple firearms inside the house and was threatening to kill himself.

Records confirm that the property in the 2300 block of Desota Drive in Fort Lauderdale is owned by Parscale, 44, and his wife. »

Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance

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With the term “personal taxes,” however, Mr. Garten appears to be conflating income taxes with other federal taxes Mr. Trump has paid — Social Security, Medicare and taxes for his household employees.

The contents of thousands of personal and business tax records fill in financial details that have been withheld for years.

But the tax code offers a workaround: With some restrictions, business owners can carry forward leftover losses to reduce taxes in future years. »