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sl8

(13,949 posts)
Mon Sep 28, 2020, 06:36 AM Sep 2020

Trump criticised Obama for only paying 20.5% tax in 2012 -- a new NYT report shows Trump paid no ...

https://www.businessinsider.com/trump-attacked-obama-for-tax-rate-when-he-paid-nothing-2020-9

Trump criticised Obama for only paying 20.5% tax in 2012 — a new NYT report shows Trump paid no income tax that year

Tom Porter 1 hour ago

• President Donald Trump in a 2012 tweet criticised Barack Obama for only paying 20.5% in federal income tax.
• But a New York Times report said that in 2012 Trump paid no income tax, because his businesses were losing so much money.

• Trump has long shielded his tax affairs from public view. He described the new report as "fake news" without explaining why it is false.

• Obama was criticised when his tax returns were released in 2012 at they revealed that he paid a lower rate of tax than his secretary.
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Trump criticised Obama for only paying 20.5% tax in 2012 -- a new NYT report shows Trump paid no ... (Original Post) sl8 Sep 2020 OP
Republicans have spent years lowering tax rates for high income earners. CottonBear Sep 2020 #1

CottonBear

(21,597 posts)
1. Republicans have spent years lowering tax rates for high income earners.
Mon Sep 28, 2020, 06:54 AM
Sep 2020

So, IOKIYAR to pay very little taxes, but not OK to pay the actual low rate if you’re a high income Democrat.

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