taxes – Page 16 – The Portland Press Herald

Fight over Trump’s business records returns to appeals court

by Ann E. Marimow WAshington Post October 20, 2020October 20, 2020

The Supreme Court this summer said the president is not immune from congressional investigation, but the justices put the subpoena on hold.

Greg Kesich, Op-eds, Opinion

The View From Here: Collins’ 2017 tax vote started the slide

by Greg Kesich October 18, 2020October 17, 2020

Support for a giveaway to the rich changed the way some Collins supporters viewed their senator.

Nation & World

Appeals court rules Trump must turn over taxes to New York prosecutor

by LARRY NEUMEISTER Associated Press October 7, 2020October 7, 2020

The decision likely sets up a second trip to the U.S. Supreme Court over the issue.

Election 2020, Nation & World, Politics

Biden releases 2019 tax returns before 1st debate with Trump

by STEPHEN BRAUN Associated Press September 29, 2020September 29, 2020

The move came following a report from The New York Times that Trump paid just $750 in income taxes in 2016, the year he ran for president.

Nation & World, Politics

Trump’s $400 million debt could make him vulnerable to manipulation, ethics experts say

by AAMER MADHANI and DEB RIECHMANN Associated Press September 28, 2020September 28, 2020

Revelations that President Trump is personally liable for the debt raise worries that his finances pose a national security risk.

Business, Nation & World, Politics

Trump went even further than other uber-rich to shrink his taxes

by PAUL WISEMAN and MARCY GORDON Associated Press September 28, 2020September 28, 2020

The tax-avoidance strategies that the president used are surprisingly common among major real estate developers, but even so, experts say it’s unclear whether all his actions were permissible.

Nation & World, Politics

What we know – and still want to know – about Trump’s businesses

by David A. Fahrenthold Washington Post September 28, 2020September 28, 2020

Trump’s businesses routinely reported losing more money than they made, a fact that saved Trump on his taxes but belied the gold-plated CEO image he presented to the public.

NerdWallet_Millennial_Money_Resolve_Tax_Bill_53581

Op-eds, Opinion

Commentary: Trump tax cut was neither boon nor bane

by Ramesh Ponnuru Bloomberg Opinion September 16, 2020September 15, 2020

Ignore the campaign claims on both sides. The 2017 law didn’t favor the rich or boost the economy. (It did pump up the deficit, but how many voters care about that?)