David Farenthold of the Washington Post on Tuesday broke a huge story about the rampant wrong-doing at the Trump Foundation. Donald Trump, Farenthold revealed, "spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire's for-profit businesses." But if the Republican nominee's "self-dealing" as president of the Trump Foundation […]
Category: Taxes
In late 2007 and 2008, the United States and the global economy were devastated by the subprime crisis. That financial calamity was so named due to the hundreds of thousands of foreclosed upon homeowners who were unqualified for the loans they received from mortgage originators around the country. The disaster did not result from the […]
From the beginning of presidential campaign, Donald Trump has positioned himself as the posing populist. The man his friends and family tout as the "blue-collar billionaire," the real estate tycoon turned reality TV star proclaimed himself the "voice" of "the forgotten men and women of our country." In September, the supposed ally of average Americans […]
Throughout the Republican National Convention, Donald Trump's water carriers repeatedly praised the pretend populist as a "blue-collar billionaire." Given his inherited wealth and decades-long record of scorched-earth business practices, that title was always comical on its face. But there's nothing funny about the payday for plutocrats Trump has in mind if elected President. His gargantuan […]
From the beginning of his unlikely quest for the 2016 Republican presidential nomination, Donald Trump has enjoyed the strong backing of those GOP voters who say they want a successful businessman in the White House. After only his outsider status, Gallup polling showed earlier this year, backers of the real estate mogul turned reality TV […]
Hillary Clinton 38, Donald Trump 0. If you haven't been keeping score, that's how many years of tax returns Hillary Clinton and Donald Trump respectively have made available to the American public. But Trump's declaration that "it's none of your business" what tax rate he pays isn't the only sign that the Donald is only […]
Among Bernie Sanders' greatest strengths is his old-fashioned honesty. That's why it's so puzzling that he would only release one year of tax returns. After all, most presidential candidates publish many years of their tax records. (Across all of their elections, Hillary and Bill Clinton combined have now made 38 years available.) In any event, […]
GOP presidential frontrunner Donald Trump mystified economists with his prediction this week that the United States faces a "major recession." Their confusion is well-founded. After all, with unemployment at 5.0 percent and the job-seekers returning to the work force, the U.S. just turned in its best two-year performance since the booming 1990's. That said, there […]
Running third in the race in the race for the 2016 Republican presidential nomination, Ohio Governor John Kasich nevertheless insists he's in it to win it. His refusal to yield is based on two equally bogus selling points. Compared to Donald Trump and Ted Cruz, the union-busting, abortion-ending Kasich portrays himself as a relative moderate. […]
Every four years, Republican White House wannabes climb over each other in the quest to proclaim themselves the heir to the sainted Ronald Reagan. So it was no surprise in South Carolina on Saturday when second-place finisher Marco Rubio proclaimed: "The children of the Reagan Revolution are ready to assume the mantle of leadership. Now, […]