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

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27 thoughts on “Weak Underfunded IRS Behind Trump’s Wealth and History of Avoiding Taxes”
  1. 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!

  2. 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.

  3. 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.

  4. 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 .

  5. 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 ?

  6. The silence from the 'Resistance' to Trump against the egregious corporate tax cuts of 2017 has been deafening!

  7. 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.

  8. 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.

  9. 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

  10. 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!

  11. ©™ TMALX Transnational 🌏 Militant💥 Armed🔫Liberation⛓ Xecutive🕶 Observation ✍ ✍

    Those Trump voters elected a fake millionaire to become a fake President.

  12. 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!

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