- On Sunday, the New York Times published detail into the US president's finances, citing detailed tax records that the newspaper says "portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses."
"The tax returns for Mr. Trump and hundreds of his businesses reveal the hollowness, but also the wizardry, of the self-made-billionaire image honed through 'The Apprentice,'" the Times concluded. "They demonstrate that he was far more successful playing a business mogul than being one in real life."
- Trump paid no or little federal income taxes for years. According to the Times,Donald Trump paid zero taxes in 11 out of the 18 years that were examined. He also managed to pay federal income taxes of just $750 in each of the first two years of his presidency, 2016 and 2017. The report shed some light on how this was able to happen, namely by the way his businesses reported their earnings.
- He made money from foreign deals after becoming president. "When he took office, Mr. Trump said he would pursue no new foreign deals as president," the Times reported. "Even so, in his first two years in the White House, his revenue from abroad totaled $73 million."
- Coronavirus: Nationwide, 21 States have reported upward trends this past week compared to the previous week, according to data from Johns Hopkins University.
- Presidential Debate all set for tomorrow night. We'll be watching and fact checking. Tune into Wednesday Sept 30th show for our review.
- Please do join our conversation: 515-605-9888. Your voice and opinion is valued here whether you agree with us or not. We don't bite!