Friday, 6 January 2023

Global oil and gas industries make a combined US$4 billion in profit a day (or US$1 trillion annually) & have done so for the past 50 years. That obscene wealth is thought to be how these industries induce politicians & governments to only pay lip service to the urgency of a world-wide climate emergency which is now lived experience

 

It’s a huge amount of money,” he said. “You can buy every politician, every system with all this money, and I think this happened. It protects [producers] from political interference that may limit their activities.....The rents captured by exploiting the natural resources are unearned. It’s real, pure profit. They captured 1% of all the wealth in the world without doing anything for it.”

[Prof Aviel Verbruggen, one of the lead authors of a 2012 Intergovernmental Panel on Climate Change (IPCC) special report & current Emeritus Professor Energy and Environmental Economics, University of Antwerp, Belgium, quoted in The Guardian, 21 July 2022]



Crikey, 8 December 2022, reprinted in Crikey Holiday Read, 5 January 2023:


Short of dictatorships, we are world leaders’: Australia’s record on criminalising environmental protest

MAEVE MCGREGOR


'The jailing of peaceful protesters is chilling for anyone who cares about our democracy — we need to restore and protect the right to protest before it’s too late.'


After the High Court’s decision on the Franklin River on 1 July 1983,” said Bob Brown to Crikey, referring to the famous Tasmanian dam case during which he was arrested, “I stated we had entered a new era of environmentalism and that it would never be so hard as it was in the Franklin campaign.”


I was totally wrong.”


Nearly 40 years on since the historic victory — in which the Commonwealth government succeeded in stopping the large hydroelectric Franklin Dam being built in Tasmania — the founder and former leader of the Greens was once again arrested, but this time under newly introduced laws that carry $13,000 fines or two years’ imprisonment for protests on a forestry site. The same laws also impose $45,000 fines on organisations, such as the Bob Brown Foundation, which lend support to such protests.


Far from heralding a new dawn for environmental justice, Brown said, the Franklin campaign had proved something of an aberration.


We now have a situation across Australia where environmentalists are jailed and environmental exploiters are protected and subsidised,” he said of his arrest a few weeks ago.


Instead of increasing environmental protection, we have laws that do the reverse — laws which foster the self-made environmental tragedy of this planet.”…..


Criminalising climate activism


The larger and more pressing dilemma, Brown said, — and one which belongs to the current age — is the growing tendency of government to criminalise peaceful protest, while climate breakdown and mass extinction envelop the world, forever sealing its fate.


In August, Victoria’s opposition united with the Andrews government to pass laws comparable to Tasmania’s, running roughshod over a chorus of concerns voiced by civil liberties groups, unions and environmentalists.


Three years earlier, in 2019, the Queensland government rushed through sweeping limits on the right to protest, underpinned by unsubstantiated claims of “extremist” conduct by environmentalists. The resulting legislation expanded police search powers and criminalised “dangerous locking devices” — such as superglue or anything activists might use to secure themselves to pavement or buildings — as a means to silence dissent.


And in New South Wales, concerns about traffic disruption were similarly seized upon following climate protests in Sydney and Port Botany earlier this year to hurry the introduction of two-year jail terms and $22,000 fines for “illegal protests”.


The laws, which criminalise “illegal protests” on rail lines, bridges, tunnels and — most contentiously — public roads, were passed within two days with the unqualified support of the Labor opposition mere weeks after the government flagged a crackdown on environmentalists.


Though seemingly aimed at “anarchist protesters”, as NSW Attorney-General Mark Speakman put it, the breadth of the provisions suggests otherwise.


Because the provisions are so loosely drafted, so imprecise, the laws can apply to almost any situation of people being on a road,” said Coco’s lawyer, Mark Davis.


The Roads Minister Natalie Ward didn’t know herself if ‘public road’ meant ‘major road’ or any and every road. It’s a disgrace. It gives police an unlimited, utterly arbitrary discretion to arrest anyone on a road protesting about anything, not just climate.


Short of some prominent dictatorships, we are world leaders with this kind of legislation. And the courts, or at least one court, has shown us the gun is loaded and they’re willing to fire it.”


Disruption and democracy


Against the backdrop of this legislation, now the subject of constitutional challenge, environmental demonstrators across Australia have regularly been denied bail or otherwise forced to contend with disproportionate bail conditions, while those residing in New South Wales have had espionage activities undertaken against them by a new police unit, Strike Force Guard.


In a statement to Crikey on Wednesday, New South Wales Deputy Premier and Minister for Police Paul Toole defended the laws.


Illegal protests that disrupt everyday life, whether it’s transport networks, freight chains, production lines or commuters trying to get to work or school, will not be tolerated,” he said.


It was a sentiment shared by Premier Dominic Perrottet, who days earlier labelled Coco’s 15-month prison sentence “pleasing to see”, adding “if protesters want to put our way of life at risk, then they should have the book thrown at them”.


In answer, the famous physicist and climate scientist Bill Hare said, via Twitter, that the inconvenience occasioned by “protest is not comparable to [the] catastrophic risk to [the] environment and serious damage to our way of life caused by fossil fuel emissions”.


Hare — the lead author for the IPCC Fourth Assessment Report, for which the IPCC was awarded the Nobel Peace Prize — added that Perrottet’s statement was one of the “most regressive, anti-democratic statements” he could recall in Australia “for a long time”. [my yellow highlighting]


It’s a view which throws the shifting definition of what is deemed lawful dissent into sharp relief, Ray Yoshida of the Australian Democracy Network told Crikey.


It’s doublespeak for the NSW government to say they support protests as long as they don’t break the law, and then pass new laws that shrink the space for people to act,” he said.


The jailing of peaceful protesters is chilling for anyone who cares about our democracy — we need to restore and protect the right to protest before it’s too late.”


Had such laws existed at the time of many of Australia’s historic environmental wins — from the Franklin River to the Kakadu and Jabiluka blockades — many, perhaps all, would have met with failure.


There’s no doubt these laws would certainly have had an adverse impact on bringing to the public’s attention the Franklin Dam issue and, for that matter, a range of issues that have been brought to prominence in the public’s mind because of protests,” Greg Barns SC of the Australian Lawyers Alliance said.


He added people too often overlooked the hundreds of arrests which occurred during the Franklin River campaign, but under ordinary trespass laws that impose lesser penalties.


The reason [the new laws] are unnecessary is because there are already ample laws on the statute books, such as laws relating to trespass, criminal damage, that deal with these types of situations if people break the law,” he said.


What [Coco’s] sentence shows is that these new laws are draconian. Her sentence is a draconian penalty allowed for by a draconian law.”


Why now?


Given ours is the age of looming, if not inevitable, climate disaster, all of this poses the inevitable question: why the crackdown on environmentalists?


In Brown’s view, it’s no accident of history the techniques used by campaigners in the past are being targeted by government. It’s a phenomenon, he said, which conversely owes its existence to “state capture” by the fossil fuel and logging industries.


The extractive industries, who want to convert nature into profits, can no longer win the argument with the public on the environment, so they have to ‘take out’ the environmentalists,” he said.


These laws are meant to kill environmental activism and frighten people into silence.”


In this connection, there’s little denying climate anxiety, and concomitant calls for climate action pose a risk to such corporations.


A recent analysis of World Bank data undertaken by Belgian energy and environmental economist Aviel Verbruggen, a former lead author of an IPCC report, found the oil and gas industry had delivered more than $4 billion in profit every day for the past 50 years.


Following the report’s release, Verbruggen said: “You can buy every politician, every system with all this money, and I think this happened here. It protects [polluters] from political interference that may limit their activities.”


While Brown doesn’t believe any Australian politicians have been bribed or “bought”, so to speak, he said the lobbying power of the industry was obvious, both on a domestic and global level.


By and large, [our politicians] are just suborned by this lobbying tour de force, which is not being matched by the non-governmental sector, which is the guardian of the environment,” he said.


The striking similarity between Australian [anti-protest] legislation and the UK’s legislation is a clue which indicates we’ve got a global corporate governance.”


To buttress this view, Brown pointed to the $700 billion in taxpayer subsidies received by oil and gas companies globally in 2021.


Viewed in this context, he said, the anti-protest laws were self-evidently designed to shatter the unity underpinning the rise of collective, society-wide pressure to move on climate action.


Environmental Justice Australia ecosystems lawyer Natalie Hogan agreed the laws were a “politically motivated crackdown on legitimate political expression”, and ones that illustrated the efficacy of environmental campaigns.


These protests provide very important community oversight,” she said in reference to the illegal logging in Victorian forests exposed by environmental demonstrators and citizen science groups in recent years.


It seems very inconsistent to [tell Victorians] native logging will end by 2030, and then introduce laws that disproportionately criminalise or penalise people engaged in legitimate protests or citizen science in forests.”


Others, however, believe the anti-protest laws represent yet another skirmish on the law-and-order politics theme.


Banging the law-and-order drum has been fashionable for over 20 years,” Greg Barns said. “I think that’s the issue at play here — it just so happens to be climate change in this instance.”


The irony is that it will probably have the impact of emboldening protesters to take more extreme action because they see the laws as unjust.”


The future of protests


Not everyone has cast doubt on the deterrent effect of the laws, though. Coco’s lawyer Davis said the laws — which he defined as a “knee-jerk response to tabloid media” — would achieve their desired result.


Of course it will work — who would be insane enough to organise any sort of free protest? You can go to jail for a long time. It’s nuts,” he said.


Either way, Davis added, it’s clear such laws were placing the limits of Australia’s reputation as a liberal democracy under extraordinary pressure.


You cannot be a fully functional democracy if you cannot voice dissent to the government power,” he said. “It’s simply impossible.”


To be on a road, to use a road, is intrinsic to the right to protest and the fact that’s now seen as somehow radical tells you about the cultural shift we’re witnessing.”


Brown, for his part, believes it would be foolish to bet on a decline in environmental protest, notwithstanding the laws, given the climate predicament confronting the globe.....


But ultimately responsibility for [change will] fall to voters..... 


These laws will only continue to get worse if people don’t vote for the environment.”


After all, he said, dealing with global warming and the extinction crisis is, and always has been, about the balance of power.


BACKGROUND


North Coast Voices, Monday, 2 January 2023,

Who is undermining Australia’s climate change mitigation goals? Listing lobbyists contracted to act on behalf of fossil fuel industries.


Thursday, 5 January 2023

Outages still plaguing social media platform, Twitter Inc. is not paying its California landlords, Elon has a garage sale & announces he is opening the platform up to political advertising in the lead-up to the US presidential election


Twitter, 4 January 2023

Elon Musk's 'faster', smarter, more informative, Twitter social media platform has been displaying the agility of dial-up Internet access in late 1990s rural and regional Australia.


Commencing at around 5am on Wednesday 4 January 2023 the numbers began to build for problems when accessing Twitter via website or app, notifications nowhere to be seen and, problems uploading to the site or having a tweet accepted. The degree of buffering was impressive, as was the alerts that something was wrong and try again.


Twitter's underwhelming performance appeared to be affecting users in Australia and New Zealand.


A Downdetector graph showing the beginnings of the user-reported problem from 2.03pm on Tuesday 3 January up to 1.48pm on Wednesday 4 January 2023 in Australia. 








More people appear to have been reporting problems in New Zealand.


Meanwhile on the morning of 4 January The Guardian newspaper revealed that Twitter Inc. is being sued for over $136,260 in unpaid rent on its California Street branch in San Francisco after Elon Musk's takeover. The landlord of 650 California Street has filed a lawsuit seeking back rent, as well as payment of attorney’s fees and other expenses.


The Guardian went on to say:


The company’s headquarters are located at another San Francisco address, 1355 Market Street, where Twitter has also reportedly fallen behind on rent, according to the New York Times. 


In addition to not paying rent and laying off workers, Musk’s Twitter is also auctioning off high-end office furniture, kitchen equipment and other relics from the past, when Twitter had over 7,500 full-time workers around the world and free lunch and other office perks were common. Some three-quarters of Twitter’s employee base is estimated to have left the company, either because they were laid off, fired or quit. 


Among the items Twitter is auctioning off are a pizza oven, a 40-quart commercial kitchen floor mixer (retails for around $18,000; bidding starts at $25), and high-end designer furniture such as Eames chairs from Herman Miller and Knoll Diamond chairs that retail in the thousands. 


Even a Twitter bird statue (bidding starts at $25) and a neon Twitter bird light display (bidding starts at $50) are up for grabs in this fire sale-style auction reminiscent of the dotcom bust of the early 2000s when failed tech startups were selling off their decadent office wares.


In yet another reversal of Twitter Inc's established policies, Musk announced he will allow political advertising on the ailing platform commencing sometime in 2023. 


It is no coincidence that 2023 will see the contest between candidates seeking party endorsement heat up ahead of the November 2024 US presidential election.


Wall Street Journal, 4 January 2023:


Twitter Inc. plans to expand the political advertisements it allows on the social-media platform after banning most of them in 2019, in the latest policy change by new owner Elon Musk.


The company also said Tuesday that it is relaxing its policy for cause-based ads in the U.S., which are ads that call for people to take action, educate and raise awareness in connection with the following categories: civic engagement, economic growth, environmental stewardship or social-equity causes.


In the coming weeks, the company said it would "align our advertising policy with that of TV and other media outlets," according to tweets from the Twitter Safety account. It didn't specify what that means and said it would "share more details as this work progresses." Twitter didn't respond to a request for comment.


Twitter largely banned political ads in November 2019, taking the opposite approach of social-media competitor Facebook at the time. Jack Dorsey, who was then chief executive of Twitter, said of the decision: "We believe political message reach should be earned, not bought."


The policy came with some exceptions that allowed for ads in support of certain politics-related topics such as voter registration. At the time, political advertising represented only a small portion of Twitter's overall advertising revenue.


Advertising in general has been a heated topic since Mr. Musk completed his $44 billion takeover of the company in October. Like many social-media companies, most of Twitter's revenue comes from advertising -- in 2021, roughly 89% of the $5.1 billion that the business brought in was from ads.


Some companies paused ad spending on the platform after the takeover amid uncertainty over how Mr. Musk planned to run the company…..


But as of Dec. 18, about 70% of Twitter's top 100 ad spenders from before the takeover weren't spending on the platform, according to an analysis of data from research firm Pathmatics…..


Meanwhile, Musk's obsession with morphing Twitter into something other than a global social media platform sees this rumour about his engagement with Tesla Inc. surface.....


The New York Observer, 3 January 2023:


Elon Musk has reportedly named a deputy at Tesla amid shareholder pressure for him to resign as the electric carmaker’s CEO after its stock price tumbled 70 percent in 2022 and deliveries missed expectations. Zhu Xiaotong, who goes by Tom Zhu, is head of Tesla China and was promoted to oversee the company’s U.S. factories and sales operations in all of North America and Europe, Reuters reported today (Jan. 3).


Shareholders didn’t appear to think much of the news, as Tesla shares had fallen 13 percent by mid-afternoon.


An internal organizational chart reviewed by Reuters shows Zhu has retained his title as Tesla’s vice president for Greater China. But the new responsibilities in North America and Europe effectively make him the highest-level executive at Tesla after CEO Musk.


The promotion was confirmed by two anonymous sources who Reuters said had seen the new organizational chart. Tesla did not immediately respond to a request for comment….


Tesla’s China chief is rumored to be Musk’s successor


Zhu, who graduated from university in 2004 and holds a New Zealand passport, according to Chinese tech news site 36kr, joined Tesla in 2014 from an infrastructure background. He was credited for growing production capacity significantly at Tesla’s Shanghai Gigafactory, which opened in 2019 and is now Tesla’s most productive plant in the world….



The New York Observer, 3 January 2023:


Elon Musk has reportedly named a deputy at Tesla amid shareholder pressure for him to resign as the electric carmaker’s CEO after its stock price tumbled 70 percent in 2022 and deliveries missed expectations. Zhu Xiaotong, who goes by Tom Zhu, is head of Tesla China and was promoted to oversee the company’s U.S. factories and sales operations in all of North America and Europe, Reuters reported today (Jan. 3).


Shareholders didn’t appear to think much of the news, as Tesla shares had fallen 13 percent by mid-afternoon.


An internal organizational chart reviewed by Reuters shows Zhu has retained his title as Tesla’s vice president for Greater China. But the new responsibilities in North America and Europe effectively make him the highest-level executive at Tesla after CEO Musk.


The promotion was confirmed by two anonymous sources who Reuters said had seen the new organizational chart. Tesla did not immediately respond to a request for comment….


Tesla’s China chief is rumored to be Musk’s successor


Zhu, who graduated from university in 2004 and holds a New Zealand passport, according to Chinese tech news site 36kr, joined Tesla in 2014 from an infrastructure background. He was credited for growing production capacity significantly at Tesla’s Shanghai Gigafactory, which opened in 2019 and is now Tesla’s most productive plant in the world….


Wednesday, 4 January 2023

The number of state primary & high school places not keeping up with population growth in NSW coastal zone


The Sydney Morning Herald, 1 January 2023:


Sydney’s overcrowded schools crisis has extended to coastal sea change hotspots with parents told catchments will be changed because of a surge in population growth.


It comes as schools in beachside towns such as Byron Bay Public in the state’s north, Copacabana Public on the central coast and Berry and Gerringong Public on the south coast are all over their official enrolment caps as parents escaped capital cities over the past few years.


Parents at Port Macquarie Public, Hastings Secondary College and Telegraph Point Public in the Port Macquarie region were told in December school catchment zones would change from 2024.


As you may be aware, Port Macquarie has experienced substantial growth in recent years,” Telegraph Point Public told parents via a December.


Changes to school intake areas have been necessary to ensure an appropriate balance of students across all schools and that education continues to be delivered to the highest quality.


These changes reflect the current demographics and enrolment and travel patterns of our region as well as ongoing feedback from the community.”


Port Macquarie Public P&C member Donna McGufficke was concerned the boundary changes could lead to segregation between the children of battlers in the town and the affluent suburbs where sea changers were buying up homes.


The new catchments mean the two socio-economic disadvantaged students from one primary school will go to one high school, they have sent the two advantaged primary school students to another high school,” she said…..


Further north in Byron Bay, where the population jumped by 14 per cent from 29,208 in 2011 to 36,116 in 2021, local real estate agent Ed Silk said Catholic and public schools were in demand, but one type of school was the biggest drawcard for parents.


They come here from all over so their kids can attend Steiner … there is a waitlist, there has always been a waitlist but it is getting quite large,” he said.


Cape Byron Rudolf Steiner School tells prospective parents “you may have a long wait” before being offered a place on its website.


Currently all of our classes are full and in most cases we have extended waiting lists. As our waiting lists are growing rapidly, we are unable to guarantee placement within a specified timeframe,” the school says…..


Tuesday, 3 January 2023

And as Australia enters the first month of 2023.......


It is perhaps well to remember that whilst the cronyism, venality and often industrial scale corruption of national governments is well known in history, here in Australia we appear to hold the quaint notion that as a democracy we will not be led by the likes of a Pahlavi, Marcos or Putin. Men who sought not only authoritarian power but also to enrich themselves from the public purse and their nation’s resources.


But does the example of the former Morrison Government and what is happening in the U.S. right now not make one wonder if we here in Australia need to clearly define limits to the powers held by a prime minister and, perhaps also require all members of any federal Cabinet or outer ministry to present their tax returns to the Parliament for formal audit every year they are in government?


For that matter, perhaps it is well past time that members of a federal government are denied access to taxpayer funds to defray court ordered financial penalties & legal costs in relation to defamation or sexual harassment proceedings.


Both Morrison & Trump ignored democratic principles and processes whenever they chose, with Trump’s action being perhaps the more egregious. However, one has to wonder if profiteering from public office was something both national governments did – if not to the same scale at least with the same frequency.


In Australia we will never know because we have such weak mechanisms to monitor or prevent such things. The Parliament often being reluctant to police members' specific pecuniary interests, the Constitution not shutting the door firmly enough on profiting from the Crown and the Register of Members’ Interests being nothing more than a risible fig leaf covering suspected dodgy trusts and self-managed super funds.


Consider former U.S. president Donald Trump’s financial affairs and ask yourselves: Could some of the prime ministers and/or ministers in office between September 2013 and May 2022 have conducted their own financial affairs in a similar manner?


To call the business structure that Donald John Trump built – carried with him into the White House and back out again - ‘Byzantine’ is being kind.


It appears to be a maze of est. 500 inter-related companies, subsidiaries, partnerships, trusts, overseas bank accounts and possibly shells, potentially designed to literally push financial bullshite uphill until a business income loss or tax credit could be established on paper for personal benefit.


During his first presidential election campaign in 2016 Trump self-reported net wealth of almost US$10 billion with debts of at least US$265 million – thought at the time to be achieved by an exaggeration of property and brand values and that his net wealth would be closer to est. US$4.1 billion. There were calls to show his tax return. He promised to reveal his tax returns but didn’t.


As president he continued to falsely complained that his tax affairs were under almost continuous Internal Revenue Service (IRS) audit so it was impossible for him to release them.


Once the nation voted him out of office Trump went to the U.S. Supreme Court in an attempt to stop the release of his tax returns for the years 2015 through to 2020. A legal battle he lost in TRUMP, DONALD J., ET AL. V. COMM. ON WAYS AND MEANS, ET AL on 22 November 2022.


He was so successful in his resistance up until then that only one incomplete mandatory IRS audit occurred during his presidency - being ordered in September 2019 for the tax year 2016, but never completed and appears to have been quietly abandoned. Trump appointee as IRS Commissioner, Charles P. Rettig, reportedly excused the then president from the mandatory auditing process sometime during his tenure as commissioner.


On 16 June 2021 the U.S. Congress House Committee of Ways and Means wrote to the Treasury Secretary seeking details of the required annual mandatory audits of Trump’s personal tax returns during his presidency, unaware of the true state of affairs.


This letter requested all audit materials from 2015 to 2020 with particular reference to:

whether an IRS examination of the returns took place and the present status of the audits, the applicable statutes of limitations, and the issues considered:

1. The Federal income tax returns of Donald J. Trump (Form 1040),

2. The Federal income tax returns of the Donald J. Trump Revocable Trust,

3. The Federal income tax returns of DJT Holdings LLC (Form 1065),

4. The Federal income tax returns of DJT Holdings Managing Member LLC (Form 1120-S),

5. The Federal income tax returns of DTTM Operations LLC (Form 1065),

6. The Federal income tax returns of DTTM Operations Managing Member Corp (Form 1120-S),

7. The Federal income tax returns of LFB Acquisitions Corp (Form 1120-S),

8. The Federal income tax returns of LFB Acquisition LLC (Form 1065), and

9. The Federal income tax returns of Lamington Farm Club, LLC d/b/a Trump National Golf Club-Bedminster (Form 1120-S).


Trump’s personal tax returns were joint filings with his wife Melania and listed one son as a dependent. He stated his main source of income was derived from Management Services”, Aviation”, “Speaking Engagements”, “Real Estate”, “Golf”, “Ice Skating Rink”, and Restaurant”.


For a man who repeatedly bragged about his business acumen and wealth in the billions, his 2015 personal and business tax returns indicated that he carried forward business loses of US$105.15 million and he and his wife declared a 2015 calendar year joint negative income of $31.7 million leaving a nominal tax bill of $0.


So by 2015 either he was fast approaching the need for yet another strategic corporate bankruptcy or he had applied the most ‘creative’ accountancy when dealing with the U.S. IRS for that year and the following five years.


Either way, once in the Oval Office Trump appears to have continued to follow his own unique tax return template so that by 2020 he was still paying low tax or no tax – apparently due in part to sizeable business income losses at two of the nine entities whose tax returns were requested by the House Committee on Ways and Means  DJT Holdings Managing Member LLC and DTTM Operations LLC. It is interesting to note that 2020 was also a year devoid of charitable donations by Mr. & Ms. Trump and, it seems that there is some suspicion that previous charitable donation figures may be largely unsupported by appropriate documentation.


Page 2 of the House Committee on Ways and Means Final Report spells out some specific accounting concerns:


Charitable contributions—whether the 2015 conservation easement deduction of $21 million and other large donations reported on the Schedule A were supported by required substantiation.

Verification of Net Operating Loss Carryover Schedule—whether the amount of net operating loss carryover in 2015 of $105,157,825 and future years was proper.

Unreimbursed partnership/S corporation expenses—whether the terms of the partnership agreements supported unreimbursed expense deductions totaling $27 million over six years.

Related party loans—whether loans made to the former President’s children are loans or disguised gifts that could trigger gift tax.

Cost of goods sold deductions by DJT Holdings—whether these deductions of about $126.5 million over five years is appropriate when it is not clear what DJT Holdings is selling from the face of the return.

LFB Acquisition LLC—whether there is any support for changes in the management fees and general and administrative expenses of LFB Acquisition that were significantly higher in 2017 ($1.9 million and $2.8 million, respectively) than 2016 ($750,000 and $549,000, respectively) and 2018 ($707,000 and $570,000, respectively).


In fact when it comes to actually paying personal income tax Donald and Melania Trump paid US$641,951 tax in 2015, $US$750 in 2016, $US$750 in 2017, US$999,466 in 2018, US$133,445 in 2019 and US$0 in 2020, claiming a refund of US$5,468,593.


Then there is the matter of the two shell companies set up by Trump’s then personal attorney Michael Cohen in 2016, Resolution Consultants LLC and Essential Consultants LLC. The former allegedly created for the US$120,000 purchase and then suppression of a story by former Playboy Playmate Karen McDougal about her involvement with Trump and the latter created to pay US$130,000 to former adult-film star Stephanie Clifford, professionally known as Stormy Daniels.

A Delaware state judge ordered the dissolution of Essential Consultants LLC and Resolution Consultants LLC in October 2020.


It has been reported that Trump had claimed the second personal expense of $130,000 as a business expense though whether he did that in his 2016 tax returns or later I have been unable to ascertain.


It is noted that, in the three years from 2017 to 2019 Trump donated the annual US$400 million presidential salary “solely for public purposes” in order to get a back a combined total of US$1,200 million as a deduction on his tax bills, according to The Washington Post.


As for an overview of Trump’s business practices…..


To quote Page 5 of the House Committee on Ways and Means’ 20 December 2022 Final Report:


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.”


BACKGROUND


The House Committee on Ways and Means “REPORT ON THE INTERNAL REVENUE SERVICE'S MANDATORY AUDIT PROGRAM UNDER THE PRIOR ADMINISTRATION (2017-2020” Final Report of 20 December 2022 can be found at:

https://waysandmeans.house.gov/sites/democrats.waysandmeans.house.gov/files/documents/2022.12.20%20Final%20Report%20House%20Ways%20and%20Means.pdf



On 30 December 2022 the House Committee on Ways and Means released a zip file containing all Donald John Trump’s personal & business tax returns via Attachment E. Links to the full range of documents the Committee has released can be found at the bottom of this document at:

https://waysandmeans.house.gov/media-center/press-releases/ways-and-means-committee-votes-release-investigation-irs-s-mandatory