Government bureaucracy only exists to make capitalism run smoother. To make capitalists act more ethically and mitigate their bad behaviour and outcomes , including giving workers rights so they don’t carry out a revolution , while at the same time allowing workers to be exploitable for capitalist profit.
Ironically Trump claims hes fighting the establishment and draining
the swamp . The same swamp , and establishment that is there to make unethical capitalist
like himself behave and to moderate their outcomes .
Trumps hotel workers were on strike for better pay while he was running his election campaign in 2016/17.
Thats why Trump is not going to win whatever crusade hes on. Hes part of the ruling class fighting the government that runs the system for them /him.
Trump after being elected said he would release his tax returns to the public then said he wouldn’t .
While there is no legislation that says he is required to ,
it is common practice by presidents and vice presidents. He is the only
president or vice president not to do so since 1974. Except for Ford, who while released no complete returns, released 10 years
of summary data including gross income, taxable income, major deductions, and
taxes paid.
We don’t know what president Trump is hiding
if anything.
NY Times wrote Pulitzer prize winning
article titled “Trump Engaged in Suspect
Tax schemes He Reaped Riches From His
Father” in 2018 from obtained financial data from anonymous sources, including niece
Mary Trump. Article was about Donald , his father and family financial affairs.
It showed
1) Trump lied – Trump claimed to be a
self made millionaire with small loan in 1975 – but he in fact got
bigger loans than the 1 $m loan he claimed
he had. In fact he got $60.7m ($140 today) plus $413 m in todays money from his
fathers estate
2) Donald and family engaged in tax schemes experts say are illegal.
Trumps sister Judge Barry resigned to stop a judicial ethics
enquiry into her dealings while co owner of a shell company for such dodgy practice.
While trump has escaped scrutiny of his own taxes by
stonewalling the House and District Attorneys asking to see that financial
information.
2 supreme court cases have just been decided.
Trump v Vance . Trumps lawyer Michael Cohen
paid hush money payments to 2 prositutes, Mcdougal and Daniels to conceal sex
acts. Cohen claimed acting on Presidents behalf. NY DA Cyrus Vance subpoenaed Tumps accountant and bank for
financial records for potential campaign violations linked with Michael
Cohen who is already in prison for tax evasion.
Trump filed for
injunction. In the Supreme Court Trump tried
arguing higher standard applies to him and hes immune under article 2 of constitution.
Court disagreed and remanded it back to lower court of appeal for additional
argument. A defeat for Trump.
Trump v Mazars – In congress 3
oversight committees of house of representatives
–House Financial Services Committee, House Intelligence Committee,
House Oversight Committee subpoenas Trumps financial records form Trumps
accounting firms . House argued they wanted to exercise their basic oversight
and legislative responsibilities, to inform congress on whether they need impose
new international money laundering restrictions and other reason s eg determine
whether ethics laws should be tightened and whether future presidents should be required to
disclose their tax returns. Which would effect any past and future
impeachments. Trump challenged them all. Trump argued article 2 again. Supreme Court rejected Trumps argument was congress needs prove the are records critical or to high
standard and article 2 gives him immunity. The court ruled 7-2 House can
subpoena personal information from the sitting President and outside an
impeachment process . But limited that power, articulating a 4 part test
including showing legislative purpose
for the information.
While none of these court cases will
disclose the financial records to the public it is obvious Trump is hiding
something and we will find out soon but not till after 2020 elections.
-- -- -- -- -- -- -- -- -- -- -- --
Breaking news - I was wrong
The New York Times has obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.
Donald J Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
Either hes lying and hiding income or hes a terrible businessman, either way his presidency has unveiled his rotten corrupt nature .
Which begs the question why run ? Did he genuinely think he could fix the corruption within democracy and the government, thats there to fix his and other ruling class capitalists bad and unethical behaviour or was he simply ignorant and naive ?
“America will never be a socialist country,” President Trump said as he launched his bid for re-election last week. wrote Bernie Sanders in the Wall Street Journal in June 2019. Despite the irony that USA Government bailed out GM , Chrysler and many banks to the tune of $700 billion (including JP Morgan and Goldman Sachs 2 of the most predatory investment banks in USA) with another $191 billion going to Fannie Mae and Freddie Mac , all to avoid an economic meltdown in 2008 in a socialism for the corporations program while the working class lost jobs and homes.
Was it simply just a ploy by Trump cooked up with Clinton to make sure Bernie Sanders didnt get elected and become president fearing some of his democratic socialist policies and an attack on the status quo for both of those 2 corrupt politicians ?
Robert Reich said in his Sep 2020 blog post , 10 Things You Need to Know About Trump’s Tax Returns,
"that as his former fixer Michael Cohen said, eager to rebuild his brand by running for president." Read here
malcolm daniel :
16 Sep 2020
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