Showing posts with label former US president Donald Trump. Show all posts
Showing posts with label former US president Donald Trump. Show all posts

Saturday 7 January 2023

Quote of the Week

 


Numerous investigative reports have revealed that the former President, through the complex arrangements of his personal and business finances, has engaged in aggressive tax strategies and decades-long tax avoidance schemes, including taking a questionable $916 million deduction, using a grantor trust to control assets, manipulating tax code provisions pertaining to real estate taxes, and extensively using pass-through entities. Media reports have also revealed that he benefited from massive conservation easements, and that certain of his golf courses failed to properly account for wages paid to employees, raising questions about compliance with payroll and Social Security tax laws. As President, he took pride in “brilliantly” maneuvering the tax laws to his personal benefit. Even as he was championing the Tax Cuts and Jobs Act of 2017, the former President referred to the tax code as “riddled with loopholes” for “special interests—including myself.” ’

[US Congress, House Committee on Ways and Means, 20 December 2022, REPORT ON THE INTERNAL REVENUE SERVICE'S MANDATORY AUDIT PROGRAM UNDER THE PRIOR ADMINISTRATION (2017-2020), a review of taxation law and an the examination of former president Donald J. Trump’s federal income tax returns requested on 16 June 2021 & received between 30 November 2022 and 11 December 2022]


Saturday 24 December 2022

Quotes of the Week

 

On Monday, at the final public hearing of the House Jan. 6 committee, Representative Bennie Thompson said that any attempt to overturn the legitimate results of an American election, impede the peaceful transfer of power or foment an insurrection must never be allowed to happen again. To that end, Representative Jamie Raskin firmly announced that the committee was making four criminal referrals whose center, in each, was Donald Trump, the man who hatched a scheme that would, if successful, defraud Americans of their sacred right to have their vote count.

These unprecedented referrals suggest that Mr. Trump, who as president took an oath to uphold the Constitution, not only violated that oath, but also committed a series of specifically indictable crimes. One of these referrals — for the crime of inciting an insurrection — is the most stunning, the most unpredictable and the most crucial, for its implications and its remedy include barring the former president from holding political office.”

[Author & essayist Brenda Wineapple writing in The New York Times, 23 December 2022]


'Scott Morrison has apparently always held himself in some regard, reportedly describing himself in the following ways in 2006: “Under the heading of personal attributes he listed: Positive, direct, determined, decisive, pragmatic, articulate, passionate, outcome focused, innovative, discrete (sic), personable, motivated, committed, reasoned, analytic, responds to challenges, loyal, works well under pressure”. And humility?

As the former Howard government minister Fran Bailey observed: “It was all out there for everyone to see. I think he is missing that part of his brain that controls empathy. Everything had to be his way, he would not accept advice, he would not collaborate unless it was with the cheer squad that he surrounded himself with.” Nothing much seems to have changed.” '

[Former Labor senator Steven Loosely, writing in The Weekend Australian, 24 December 2022]