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The Benjamin Dixon Show

Special Edition: Trump Is Broke and Paid $750 in Taxes: Listen to This Before Today's Full Episode

The Benjamin Dixon Show

The Benjamin Dixon Show

News, Politics

4.6861 Ratings

🗓️ 28 September 2020

⏱️ 7 minutes

🧾️ Download transcript

Summary

Today's full episode is coming shortly. But I need you to have this background knowledge before you listen to today's episode.

Transcript

Click on a timestamp to play from that location

0:00.0

The New York Times has obtained and released a large portion of Donald Trump's tax history for the last 10 years

0:06.7

and it is pretty damning. The reporting by Russ Butner, Susan Craig and Mike McIntyre

0:12.4

shows that President Trump paid $750 in federal income

0:16.1

taxes the year he won the presidency. In his first year in the White House, he paid another

0:21.2

$750,

0:23.2

according to the New York Times.

0:25.7

Now, I'll have a lot to say about the fact

0:27.8

that this man who only paid $750 in taxes

0:31.3

in his first year of the presidency is now in a position where he is undermining

0:35.0

our democracy. A man who practically paid nothing in taxes is about to

0:40.3

destroy our country. I'll talk about that in a minute, but allow me to read from

0:44.4

this reporting from the New York Times.

0:46.4

Quote, Donald Trump paid $750 in federal income taxes the year he won the

0:50.8

presidency. In his first year in the White House he paid another

0:53.9

750 dollars. He paid no taxes, no income taxes at all in 10 of the previous 15

1:00.3

years largely because he reported losing much more money than he made.

1:05.5

The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally

1:10.0

different from the one he has sold to the American public.

1:13.3

His report to the IRS portray a businessman who takes hundreds of millions of dollars a year

1:19.7

yet racks up chronic losses that he aggressively employs to avoid paying taxes.

1:25.2

Now with his financial challenges mounting, the record shows that he depends more and more on

1:30.3

making money from businesses that put him in potential and often direct

...

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