NYT: Trump claim on prepaying millions in federal taxes 'misleading at best'

[Yo_Mama_Been_Loggin]

The New York Times reported late Monday that President Trump's claim that he has prepaid millions of dollars in federal income taxes is "misleading at best."

The president's defense "serves to distract from the reality - unaddressed in any of his public statements - that he has paid little or no federal income taxes most years, largely because his business losses far outweighed his profits," Times reporters Susanne Craig and Mike McIntire wrote in a piece aimed at fact-checking Trump's argument. The article was published hours before Election Day.

The Times in September reported, based on tax records of the president that it has obtained, that he paid just $750 in federal income taxes for each of 2016 and 2017, and paid zero in federal income taxes in many of the preceding years.

Trump has pushed back on the Times's reporting. In the final presidential debate last month, and subsequently on social media, Trump said that he has prepaid millions in federal income taxes.

https://www.msn.com/en-us/news/politics/nyt-trump-claim-on-prepaying-millions-in-federal-taxes-misleading-at-best/ar-BB1aEV7D?li=BBnbfcQ&ocid=DELLDHP

[blueinredohio]

1. Nobody pre pays taxes. They're hoping not to have to pay at all.

[dawg day]

2. Or rather, we all prepay taxes-- we have taxes withheld every paycheck--

or pay estimated taxes quarterly.

And these are credits to the taxes we owe on April 15.

If Trump "Paid $750" in 2017, that's all he paid. If he "prepaid millions," he got a tax refund of millions, because the "tax owed" was $750.

That is, he should have owed much more, but probably deducted his personal expenses, lied about how much he actually earned, transferred money to his children, hid more in offshore accounts, and cheated in other ways.

[Bev54]

3. Misleading shit. It is a total outright lie

There is nobody, absolutely nobody that prepays taxes on purpose.

[dv421]

4. C'mon media

It an outright lie. Call it what it is.