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Weeeell, well, well... The IRS Chief makes a hunnid G's off of Trump's properties

konceptjones

The one between three and three.

The commissioner of the IRS—who is responsible for releasing President Trump's tax returns to Congress—owns two rental properties at the Trump International Waikiki that he profits off of while in office, according to new documents obtained by a watchdog group in Washington, raising new questions about his withholding of Trump’s tax returns as the president goes to court to keep them hidden.

Commissioner Charles Rettig’s personal financial disclosures for the past two years, analyzed by the Citizens for Responsibility and Ethics in Washington, show that the IRS commissioner earns $100,000-200,000 per year from his properties at the Trump-branded Hawaii resort, which he purchased in 2006 before the hotel officially opened.

The Trump Waikiki website notes that the hotel was not developed by the Trump Organization—the owner licenses the Trump brand name—but Hawaii News Now reported in 2016 that the now-president received 10% of all pre-sales of units at the property, and Trump has made a promotional visit to the hotel while in office.

Rettig, who failed to disclose his connection to the Trump property when first appointed, told House lawmakers in 2019 that it was ultimately his decision—under the supervision of Treasury Sec. Steven Mnuchin—whether or not to turn over Trump’s federal tax returns to Congress, as House Democrats have requested.

Rettig denied the request for Trump’s tax documents in May 2019, with Mnuchin telling lawmakers that their subpoena for the president’s tax returns “lacks a legitimate legislative purpose.”


So is anyone surprised that Trump got a lotta muhfuckas in positions of power that benefit from him financially?
 
and the hits just keep on coming:


The great white whale of Trump-era journalism was finally harpooned and boated on Sunday night — Tax returns, ho! — and the resulting product is a thunderclap of venality and greed astride a form of grasping self-interest unseen in the White House since the epic corruption of Warren Harding.

In 2018, The New York Times published an exhaustive report on the myriad ways the Trump family, going back to patriarch Fred Trump, used a variety of tax dodges to hide the family fortune. This latest Times report lays out what Donald Trump has done with that fortune, up to and including the years he has been in office.

“The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public,” reads the Times report. “His reports to the I.R.S. portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes. Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.”
 
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