Saturday, October 24, 2020
League of Power

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"Freedom by Friday"

Breaking: Trump Tax Returns Offer Scientific Proof Libs Can’t Do Math

Good news! The garbage media finally did their job! They took more information from one of their “anonymous sources” that have been so good to them these past four years and ran with a story about President Trump’s old tax returns. Oh wait…this is the same stunt they pull every time President Trump gets a boost in the polls.

After Trump’s meteoric rise in the polls these last few weeks, the media has been desperate for something…anything…to try to take down the President. When one of their anonymous sources offered up Donald Trump’s tax returns to the New York Times they jumped at the opportunity to stop him from winning reelection in a landslide.

Only that’s not quite what happened with the New York Times story about Trump’s tax returns. Their story just showed them to be a bunch of dumb people who don’t know how to read loan reports and forms.

The good news is that the New York Times has finally, at long last, on the eve of the 2020 election, found an actual crime that has Donald Trump’s name attached to it. The bad news? The New York Times committed it!

The Times didn’t win an unprecedented court battle to force Donald Trump to release his tax returns. Some federal bureaucrat, either at the IRS or the Treasury Department, stole a copy of Donald Trump’s tax returns and illegally gave those returns to the New York Times. The newspaper is now breaching Donald Trump’s right to privacy by publishing details about his personal tax returns without his permission.

There’s absolutely no question that the leaker and the New York Times have committed federal crimes in publishing Trump’s private tax returns. There’s nothing sneaky or nefarious or controversial about this. Your tax returns are private. My tax returns are private. Donald Trump’s tax returns are PRIVATE unless he chooses to voluntarily release them to the public. His personal right to privacy does not evaporate completely just because Donald Trump now happens to be one of the greatest presidents in American history.

Remember Roger Stone? It was an open-ended question whether he had lied to Congress. Maybe he did, maybe he didn’t. Maybe he misspoke or maybe his words were misinterpreted. On the suspicion that he may or may not have committed a crime, dozens of FBI agents pointed machine guns at his face to arrest him. That’s how Roger Stone was treated, even though it was an open-ended legal question over whether he had actually committed a crime.

But with the IRS leaking Trump’s tax returns to the New York Times, there’s nothing open-ended. A federal crime was definitely committed against Donald Trump. Where are the machine guns? Oh, right. Our two-tiered system of justice doesn’t work that way. People who commit crimes against President Donald Trump don’t have to be inconvenienced with things like following the law or getting arrested.

You’ve probably seen the Democrat Party/media’s main talking point about Trump’s tax returns by now: “Evil Trump only paid $750 in tax in 2016 and 2017 because Evil Trump is evil and stuff.”

This is a lie which is, in large part, based on the fact that socialists cannot do math.

The IRS demanded that Donald Trump pay $5 million in taxes one year. Trump dutifully sent them a check for $5 million. Then, the IRS ran Trump’s returns through a complicated gauntlet and determined that after balancing profits and losses, Trump didn’t actually owe anything. Then, without asking Donald Trump his preference on the matter, the IRS kept the $5 million to apply against future years’ taxes. Um… thanks?

How generous of the IRS to keep Trump’s $5 million that he didn’t owe! The greedy villain probably wanted his money back! And let’s just ignore all of the years in the early 2000s when Trump paid as much as $70 million a year in taxes.

 

Another talking point: Trump’s a terrible businessman because he operated at a loss for a bunch of years. Plus, being an evil villain of evil, Trump didn’t pay taxes during those loss years!

There are two main ways that major corporate entities can operate at a loss: The smart way and the dumb way. The smart way, which Trump did, was to make capital investments back into his business so that profits were offset, and he no longer had to pay $70 million a year in taxes. The dumb way to operate at a loss is to infuriate your customers and drive them away from you as you lose gobs of money in the worst self-owning manner possible. (See the NFL and NBA in 2020.)

Are you liberals really arguing that losses should taxed? Are you that bad at math and logic? Should a poor person be slapped with a giant tax bill because they took out a payday loan last year to feed their kids, thus spending more than they earned?

You really, really suck at math if that’s your angle on this.

By the way, everything that Trump did during the years covered by his illegally stolen tax returns was perfectly legal, under laws passed by both parties in Congress. Rich people don’t pay taxes, because that’s how Congress set the system up. The middle class pays taxes, so that more people cannot become rich.

(One huge thing that’s been overlooked in 2020: The $1,200 coronavirus stimulus checks this year, which Trump fought for, were the first honest-to-goodness tax cut that the middle class has ever received.)

Here are the two main takeaways to realize about the “Trump’s tax returns” non-scandal: Trump overpaid his taxes by $5 million and the IRS kept the money anyway. And the political party that is too dumb to read a balance sheet wants to be in charge of the country next year.


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22 Comments

  1. Anna September 30, 2020 at 12:54 pm

    President should sue IRS Terasure, NYTimes most defenatly. Do not leave this invention of privacy without consequences. This my happend to any of us and needs to stop NOW.

  2. Julia Ogden September 30, 2020 at 1:17 pm

    All of the main stream media is owned by FOUR corporations. AT&T, Disney, Comcast & Viacom. Those 4 corporations OWN almost ALL the MSM outlets. AT&T owns CNN, Disney owns FOX, ABC and ESPN. Comcast owns NBC, and Viacom owns CBS. And the CIA is connected to everyone of these media outlets. Go to those websites for these huge corporate companies and then LOOK at who owns them! I think you will horrified to find out who’s brainwashing our country! And ALL of them HATE DONALD J TRUMP!
    Vote like your country depends on it, because it does! If the ‘stooge’ Biden wins, Harris will have the presidency in her pocket and will defund the police and strike the 2nd Amendment down so she can turn our country over to the deep state! Believe it, do your own research and find this info for yourself! Then spread the word as fast as you can! MAGA!

  3. Norb September 30, 2020 at 1:58 pm

    I filed federal tax once and was fined $500 for filing a “Frivolous” Tax Return.

    The Crime was… I filed when I did not owe any Federal Tax. But I was also told that I had to file taxes every year. SO what is it? File and pay a FIne or don’t file and pay a fine?

    In the case of Trump.. I see the same BS only on a much higher level. Damned if you do and Damned if you don’t. And then People that have no understanding of Tax Rules and Regulations claim foul if it turns out you don’t owe anything.

  4. Patty Fraser September 30, 2020 at 3:06 pm

    The sad thing about it is, there are many “educated” people who actually believed the NYT! I read comment after comment on social media yesterday that astounded me. It was pretty plain it was a set up to, once again ‘get Trump”. I am very fearful for this country should Biden happen to win. The Democrats have pulled every trick in the book to ensure a win. As in the case of the 2016 election. It was rigged to elect Hillary, which is why she has never accepted her loss. How could that happen? We must all pray that our end result will be a win for our nation.
    As far as the IRS goes…they have been under investigation for years now, but we have never seen any justice.

  5. Don September 30, 2020 at 3:18 pm

    It is sad that we have so many ignorant children running around the country spewing lies like they do at the NYT and WaPo. Trump has people who know more about tax laws than many in the IRS taht do the work for him AND Obozo had them gone over with afine toothed comb by HIS corrupt IRS when he decided to run for office and found nothing. Point is grow up and shut up, children.

  6. Carol Shields September 30, 2020 at 3:39 pm

    informed voters watching the debate were able to spot the MANY, MANY lies spewed by the hate filled Biden.
    Now they know NOT to vote Biden. The low intellect/low information thought he was telling the truth about himself and Trump.
    The VERY low class displayed by Biden was deplorable.
    Wallace showed what a washed up old man he is.

  7. Thomas September 30, 2020 at 4:23 pm

    If only they would let our President do his job. Godbless Trump 2020. More Fake News.

  8. Jayne Hart September 30, 2020 at 4:53 pm

    Their bad at math ,that’s why their states are having budget troubles they can’t handle money 💰

  9. DAV September 30, 2020 at 9:45 pm

    An excellent article. Thank you, leagueofpower.com ! I will relay it to everybody I know, because everybody should read it. The Lie-beral DEMONocrats can’t be honest about ANYTHING.

  10. The Glueman October 1, 2020 at 11:07 am

    We have morons for leaders BECAUSE we allow morons to vote! I’d really like to talk to the brainless dolts who voted for Nancy Pelosi, Chuck Schumer, AOC, and all the other high profile idiots constatly in the news as if they actually HAD SOMETHING TO SAY!

  11. Michael Hansen October 1, 2020 at 12:30 pm

    Glueman: Everyone had the right to vote….. Morons or not!!! That is the great thing about America!!!! If I said you were a moron, would that disqualify you from voting???

  12. Shirley October 1, 2020 at 1:23 pm

    Interesting thing about all this, go back and watch the debate again and Biden’s comments on this tax deal. I thought it was odd at the time, so different from the tone that had been set from the first minute they started, so out of character for a debate.

    Leads me to believe that Biden was aware of the setup
    lies!

  13. sb October 2, 2020 at 1:45 pm

    it seems like Trump/Biden are not what’s important, the important thing is that the media needs to prove that they have more power that the political parties or even the government, the media want total control.

  14. Julia Ogden October 5, 2020 at 12:47 pm

    American does not need to see the tax returns of a billionaire businessman who became a public servant. What America needs to see are the tax returns of public servants who BECAME MILLIONAIRES WHILE SERVING THE PUBLIC! How come Nancy Pelosi has a net worth of 34 MILLION dollars??? That’s what America needs to see! TRUMP 2020!

  15. Linda October 5, 2020 at 1:22 pm

    Great point I wondered how howdy doodle and the
    gorilla were able to afford a multimillion dollar home after leaving the presidency and college educations for the offspring at the best universities. When their net
    worth coming into the presidency was less than a
    million dollars. No one seems to question the
    community activist and disbarred wife where their
    money came from. But we all know whose dirty work
    they were doing during their 8 yrs in the white
    house. Trump 2020

  16. Larry R. Howland October 5, 2020 at 1:45 pm

    I’m not sure they can do anything right!

  17. george briar October 5, 2020 at 2:13 pm

    the democrats got to go all of them. the only good democrat out there was Jeff van drew but he got smart and changed to republican but all the rest are just too damn stupid and ignorant to leave in office. vote them out this November and send the crooked creepy joe Biden into retirement where he belongs.

  18. Bonnie October 5, 2020 at 2:39 pm

    Sure wish they would get their own back yard cleaned up before they keep attacking our President! IRS should fire the ones that leaked info to NYT. Is it a friend of Lerner who did this? She sure did damage to a lot of organizations and businesses that weren’t part of the left team. Where is our moral conscience today?

  19. Don October 5, 2020 at 2:52 pm

    I’d love to know why they hate Trump so much? He sticks up for America.

  20. Robert October 5, 2020 at 4:28 pm

    Libtards are uneducated in everything such as elementary school level math. Not to mention be completely unable to read, write, and understand basic English. Lets not forget their complete and utter failure of ALL real history lessons.

  21. Diane Loman October 7, 2020 at 3:01 am

    I could not share because someone reported it abusive!!!

  22. Kathryn Garber October 14, 2020 at 9:05 pm

    I found this article in my SPAM. Glad to have retrieved it. Wonderful to read so many positive, intelligent comments. I wish more people could be exposed to the TRUTH about our fantastic President and don’t understand the vile hate-filled rhetoric against my beloved Commander-In-Chief. So glad that he took the job. We are blessed by God that he did. Many lives will be saved because of his service to our Glorious America. 4 Nobel Prize nominations! Other countries appreciate him more than some ungrateful, ignorant American citizens. 4 more years!

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