It wasn’t because he was smart. It was because he was an incompetent who hired cunning accountants.
The NY Times was mailed copies of Trump’s tax returns from 1995. His businesses had failed so spectacularly that year that he lost almost a billion dollars, which would have alllowed him to pay no taxes for the next twenty years.
Trump is claims that he “knows the tax code far better than anyone who has run for president,” but even that is a lie. His former accountant reveals that all he knew was how to let others manage his money.
In an interview on Wednesday, Mr. Mitnick said he could not divulge details of Mr. Trump’s finances without Mr. Trump’s consent. But he did talk about Mr. Trump’s approaches to taxes, and he contrasted Fred Trump’s attention to detail with what he described as Mr. Trump’s brash and undisciplined style. He recalled, for example, that when Donald and Ivana Trump came in each year to sign their tax forms, it was almost always Ivana who asked more questions.
But if Mr. Trump lacked a sophisticated understanding of the tax code, and if he rarely showed any interest in the details behind various tax strategies, Mr. Mitnick said he clearly grasped the critical role taxes would play in helping him build wealth. “He knew we could use the tax code to protect him,” Mr. Mitnick said.
This hypocritical sexist turd with no economic competency at all and no experience in politics is the Republican candidate for president? Let’s all just shake our heads in disgust and say “no”.