Investigative tax attorney James Henry talks about the New York Times’ investigation into the origins of Trump’s wealth, how it is related to tax evasion, and how the US tax system has systematically and increasingly favored the rich
Visit https://therealnews.com for more stories and help support our work by donating at https://therealnews.com/donate.
** (Disclaimer: This video content is intended for educational and informational purposes only) **
I pray the IRS IS ABOLISHED at any cost. I would enjoy seeing violent acts against the IRS. 🙂
Perfect example of how tax evation can realy make your ass rich
Sarah 10 lies a minute Huckabee, always impressive.
Trump was kept out of prison after he was accused by tens of women of sexual assault, even of rape. He got away with breaking contracts, defaulting, Trump University, half a billion dollar tax-fraud, and most likely election-fraud. Very easy Trump avoided draft. He even claimed himself not to have paid taxes, for at least, 20 years? I wonder how is this possible and why such guy did not spend one day in jail. There's your Deep State!
Flat tax no loop holes would fix it all.
So because a rich man may or may not have avoided paying taxes to the state, the rest of us should now be exposed to the vigorous exploitative greed of the state? Historically the "state" drains the people of their wealth to fund the state's wars (protection money). These are wars created by the state to the gains of the state and never the people. By the way, the people have never asked for a state. The state has the exact same characteristics of gangs. The only difference is that the state makes its characteristics legal.
Not a fan but, also not a fan of being taxed, licensed and fee charged to death by the state (federal, state, county, city..) We the people have no say in the state intruding and helping itself to our hard earned monies. We never see a cut in these charges. We only see more charges and increases in those charges. We fought an American Revolution over a state taxing at will. The Declaration of Independence says no taxation without consent. That means we the people must consent to charges levied by the state. That is what a happens in a true democracy. No representative has ever contacted me before a tax increase. So like most Americans, I am also taxed without representation as in a republic. So no applauding for me due to the ambiguity of the situation.
I am against an inheritance tax. It can be triple taxation on the same income. The income to purchase the assets was taxed. That income was taxed a second time when the asset was purchased. Depending on the asset there are other taxes and fees like property taxes, auto license, auto inspection…. Then there is third or fourth taxed levied when you give the assets to your heirs. That is too much taxation on the same monies. That is excessive taxation by the state and we have no voice when being taxed. Not only is there triple taxation, it is at the extortion rate of 55%. It is not just the rich that were being over taxed. The 99% is also over taxed.
Property taxes are charged to live on a planet that is here for free by those who did not create the planet. In countries like Libya, the oil revenues paid for services rendered by property taxes in the US. One can live in their home for decades paying tens, hundreds…of thousands of dollars in property taxes. Then in ones old age, one can get behind in taxes and the state can just come and take your home, your property. And we call this the land of the free.
We the people should ask why the wealthy began fighting against taxation in the first place. Then ask should we.
Sorry but it doesn't matter one way or the other to what extent his father helped him or not. As far as I'm concerned it is totally irrelevant.
Taxes are illegal
The real question on the table is why did the Government ignore these shenanigans for so long. New York was blocked from investigating Trump and Roy Cohn was more than just a Bro-Friend that hung out with Spanky at Studio 54. Trump has been a great patsy and Empire is using him to perfection to turn Russia,Putin, China and Iran into existential threats. For his good work there is a nice out of the way quite place where he and his cabal can ponder how they got it wrong. All roads lead to collapse but with collapse comes new beginnings .
Sleaze is genetic.
Trump's pernicious control extends even to the IRS – probably because he is so popular among Federal Gvt. workers. Why aren't you interviewing Charles Ortel, who actual info in detail on the Clinton phoney foundation, and with Peter Schweizer on Hillary's corrupt practices ?
The silence from the 'Resistance' to Trump against the egregious corporate tax cuts of 2017 has been deafening!
Weak and underfunded but they have enough money to go after my wife for back tax of 2,000 when she only makes 25,000 a year. They have come for her tax returns year after year taking almost double her actual supposed bill. They are like dealing with the mafia when you try to deal with a mistake, even if it is their mistake. Why aren't the rich ever held to the same standard of conduct as the rest of us? I for one am fed up of rich people crying when it is even suggested they be held accountable to the same rules of conduct the rest of us have to abide by. I'm done respecting any rules beyond the golden rule, all the rules put forth by the courts are nul and void until people like Trump are held to these same rules.
OK, then there is no reason not to show your tax returns dickhead. If you could get away with shooting someone, and I believe you probably could, tax returns should be no biggy.
I don’t understand how people cannot see how corrupt trump is and always has been. I’ve worked 40 years as an RN and feel/think I haven’t progressed as far as an increase in my wages. Plus, I’m 66 and still have to work full time in order to afford health insurance as my husband is 5 years younger. Only in America
IRS doesnt have a problem going after regular americans
Sarah´s claim that everything Drumpf touched, "turned to gold"? More the Midis touch in reverse, "everything Drumpf touches turns to shít"!
trump is the welfare queen Reagan was talking about when he blamed poor black people for eating
If it's all lies he'll be suing then, he loves suing people. If he doesn't sue, it must be true
President is a con man. They got Al Capone on taxes :}
The comments are fun to read. Trump tower was an affront to the landlord barons of nyc. It was a success, anything wrong with a father passing his hard work to his beloved? The ultra rich get away with tax evasion, they can afford the experts!
©™ TMALX Transnational 🌏 Militant💥 Armed🔫Liberation⛓ Xecutive🕶 Observation ✍ ✍
Those Trump voters elected a fake millionaire to become a fake President.
There will be no consequences for this or anything else rich people do.
Lame stream media did not present these sound clips! well done.
Trump supports Israel's Wars killing innocent people Trump works for Zionist NOT the American people imho.
Fake News at it’s best!
So now investigating the Obama’s…Clinton’s….Bushes? You are part of the problem!
I’m unsubscribed as of this crap! Pathetic! You guys just keep trying to find something
Sick of this crap…try putting sometime into improving this country!
old trump would be living in a ratty old apt if he'd have been born into a lower class home. If he'd come from that kind of background and built his millions, then yeah, he'd have a legitimate reason to brag. As it stands, he looks like an arrogant fool bragging like he's above all of us with his ingenuity.
Trump's corruption goes way back in his family. He belongs in prison, not in the White House.
This isn't unique but the norm for the ultra-wealthy. It is also reflective of the US plutocracy.
It is how the bought-off media portrays it. Trump is a tax fraud is cowboy outlaw entertainment and nothing else. Just as with U.S. endless horrific wars; both parties cheating in elections, assaulting women, racism, lying and greed are now all deemed to be merely sensational and often even framed as patriotic.
It's good that you are concerned with the financial dealings of politicians. Am assuming that you are hard at work preparing an expos'e of the Clinton Foundation. Will it be ready for publication soon???
Let's have more strict laws so the State can control our every movement, great idea…???
you chaps are being funded by soros, right? away with you. i am unsubscribing! you are not real news?? you areFAKE NEWS!!!!!
So… You think the IRS needs more power and funding here at the real news network???
Smart Money says, "When in doubt, take the deduction."
Illegal drugs and stuff = High Profits, No Taxes, just a small laundry fee for
your cousin, the banker. It's a Con Serving Thief's Pipe Dream!
But Trump did not invent this — Man did. And now the Capitalists tire of keeping the beasts making "things" and would rather sell the masses opiates, like Fentanyl, a synthetic, inspired by Huxley's SOMA for a Brave New World. But they must Destroy religion (the competition).
And so they have devised a war of the Gods — IS I vs I AM vs I-Rn't vs U-Rn't — 2019-2026 — followed by a Jubilee to Forgive ALL THAT DEBT. Hint: if you want the Neo Eon currency, just take the mark. Borrow and Bomb = a False Profit.
Sarah Liar!
Tax laws are brought about by the oligarchy. He did not break any tax laws. He just took advantage of them like we all should. Change the laws. Good luck with that