Business > Running

Any rich person could pay off Donald Trump

1 month ago   |   By Business Insider

Summary List Placement
On Sunday night the New York Times published its first findings from a dive into more than two decades of President Trump's tax returns. They found that in 2016 and 2017 he paid only $750 in federal income tax, and that for many years he paid no income taxes at all.
And they found, very clearly, that Trump is a threat to US national security. He has hundreds of millions in debt coming due in the next few years, and his businesses - at least on paper - rack up hundreds of millions in losses. These businesses run at the edge of a knife.
Every time Trump acquires a...
Read more ...

 

Even the lowest-paid workers in America have a higher tax bill than Trump

Even the lowest-paid workers in America have a higher tax bill than Trump

1 month ago   |   By Business Insider

Summary List Placement
On Sunday, The New York Times released a bombshell report on President Donald Trump's tax returns over the last two decades. Among the many stunning revelations was that Trump, a self-reported billionaire and real estate mogul, paid just $750 in federal income taxes in each of 2016 and 2017.
Business Insider estimated that workers making just under $18,000 a year would have paid a similar amount of income tax as the president, based on listings of tax brackets for 2016 and 2017 by the Tax Foundation, an independent tax policy non-profit.
Estimating a normal worker's...
Read more ...

 


Search by Tags

   Running      Finance      Donald Trump  


Dow craters 943 points in worst day since June as virus spike spurs new...

Dow craters 943 points in worst day since June as virus spike spurs new lockdowns

Summary List Placement US stocks cratered on Wednesday after a continued spike in COVID-19 cases prompted a new round of lockdowns in Europe. A 40% surge in COVID-19-related... Read more ...

Spotify reportedly emails managers after podcaster Joe Rogan hosts...

Spotify reportedly emails managers after podcaster Joe Rogan hosts conspiracy theorist Alex Jones: 'We are not going to ban specific individuals from being guests'

Summary List Placement Spotify emailed managers talking points to help field questions from employees following podcaster Joe Rogan's controversial decision to have conspiracy... Read more ...

Home Depot's Black Friday sale starts November 6, but you can already see...

Home Depot's Black Friday sale starts November 6, but you can already see the best deals

Summary List Placement The Home Depot 's Black Friday and Cyber Monday sales run from November 6 through December 2. Its early preview is already available to view on The Home... Read more ...

Trump says 'hopefully' states won't be allowed to count ballots after...

Trump says 'hopefully' states won't be allowed to count ballots after Election Day, which is a normal part of the electoral process

Summary List Placement President Donald Trump on Wednesday said that he hoped courts would stop states from counting ballots after Election Day, though it's a normal and legal... Read more ...

Nancy Pelosi says the stock market slide could force Trump to quickly...

Nancy Pelosi says the stock market slide could force Trump to quickly negotiate a large stimulus deal

Summary List Placement House Speaker Nancy Pelosi said on Wednesday that the recent stock market slide could push President Donald Trump to seek a large economic rescue... Read more ...

Republicans used a Senate hearing to criticize tech CEOs for fact-checking...

Republicans used a Senate hearing to criticize tech CEOs for fact-checking Trump's posts before the election

Summary List Placement The CEOs of Facebook, Google, and Twitter were subpoenaed to testify before Congress on Wednesday about Section 230 , a foundational law of the internet... Read more ...

Why A Champion For The Very Poor Is Not Pessimistic. In Fact, He's Optimistic!

Why A Champion For The Very Poor Is Not Pessimistic. In Fact, He's Optimistic!

Steve Davis lays out the reasons for his rosy outlook In his new book: Undercurrents: Channeling Outrage to Spark Practical Activism. (Image credit: Portrait by Stuart Isett... Read more ...

Hundreds of Trump rallygoers were stranded in the cold because there...

Hundreds of Trump rallygoers were stranded in the cold because there reportedly weren't enough buses to transport them back to their cars

Summary List Placement Hundreds of supporters at a rally for President Donald Trump Tuesday night were reportedly stranded in the cold in Omaha, Nebraska. After Trump departed... Read more ...

Sen. Brian Schatz said the Senate's hearing with tech CEOs is a 'sham' and...

Sen. Brian Schatz said the Senate's hearing with tech CEOs is a 'sham' and used his time to criticize Republicans rather than ask any questions

Summary List Placement Sen. Brian Schatz called Wednesday's virtual Senate hearing a "sham" and criticized Republicans instead of asking the CEOs of Google, Twitter, and... Read more ...

Facebook CEO Mark Zuckerberg had trouble connecting to Wednesday's virtual...

Facebook CEO Mark Zuckerberg had trouble connecting to Wednesday's virtual Section 230 hearing

Summary List Placement Facebook CEO Mark Zuckerberg had trouble connecting to a virtual Senate hearing Wednesday, which was scheduled to discuss Section 230 protections... Read more ...