Trump has been fighting the IRS over the legitimacy of a $72.9 million income-tax refund he claimed and received in 2010; if he loses, he could be forced to pay back over $100 million. He’s already personally responsible for loans and debts totaling at least $421 million, with most of it coming due in the next four years.
That kind of debt would rightly preclude most people from receiving security clearance. If re-elected, what’s to stop Trump from making national policy decisions based on what his (unknown, potentially foreign) lenders demand?
House Speaker Nancy Pelosi highlighted that concern in her response to the report today: “He has exposure to the tune of hundreds of millions of dollars, to whom? The public has a right to know.”
The Biden campaign focused on that viscerally offensive $750 number, comparing Trump’s meager tax payments to the typical income taxes of ordinary American workers in a swiftly-produced new ad. (Trump’s response has been to call the report “fake news,” while also falsely accusing the Times of illegally obtaining his tax information. Seamless.)
via What a Day by Sarah Lazarus and Crooked Media
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