Donald Trump warned Tuesday that if the Democrats don’t approve funding, there are dangers to the future of Social Security and Medicare.
Trump said at a press conference that when he asked Democrats for feedback on the funding bills, one said, “It means death.”
“There’s nothing about death,” Trump said. “Theirs is death because they’re going to lose Medicaid, they’re going to lose Social Security, they’re going to lose Medicare, all of those things are going to be gone because the whole country would be bankrupt, and you’re not going to have any kind of medical insurance.”
It’s not to bring down the deficit, it’s to bring down his own taxes.
He wants a redistribution of labor income straight to his pocket.
Rich people don’t pay SS taxes, essentially. There’s a cap on wages that are subject to FICA, and the truly rich don’t live off of wages anyway.
I honestly don’t think he had much to pay tax on until his second presidency. He is probably making more in bribes from this tax policy than he is saving in taxes.
I highly doubt he’ll be honest at all when filing; don’t think he ever has and has no need to start now.
He avoided taxes and refused to make his tax docs public, unlike everyone before him.
I think that has less to do with the amount of taxes (he basically openly admitted to avoiding taxes in 2016) and more to do with the simple fact that your average everyday real estate accountant could probably compare his tax filings with other submissions he has had to make over the years and find clear evidence of fraud and crimes committed.
That basically happened already, which is why he has 34 felonies for lying on the value of his assets depending on if he’s trying to get a loan for his failing businesses, or show a huge loss to avoid paying taxes.