Business > Politics

5 things to take away from the NY Times report on President Trump's tax returns

1 month ago   |   By ABC

President Trump appears to be facing heavy financial pressures. Here are the key takeaways from The Times report.
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Trump's Taxes Show He's a National Security Threat

1 month ago   |   By Real Clear Politics

In a tour de force of hard won reporting, the New York Times has put numerical clothing on what we've known about President Donald Trump for decades - that, at best, he's a haphazard businessman, human billboard and serial bankruptcy artist who gorges on debt he may have a hard
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Julian Castro Compares Trump Tax Payments with Undocumented Migrants: 'Stop Freeloading Off Americans'

1 month ago   |   By Newsweek

The Obama-era HUD secretary hit out at the president after The New York Times revealed details from 18 years of tax returns.
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Trump criticised Obama for only paying 20.5% tax in 2012 - a new NYT report shows Trump paid no income tax that year

Trump criticised Obama for only paying 20.5% tax in 2012 - a new NYT report shows Trump paid no income tax that year

1 month ago   |   By Business Insider

Summary List Placement A tweet from 2012 in which President Donald Trump attacked Barack Obama for paying 20.5% income tax is getting renewed attention in light of a New York Times report showing that Trump has paid next to nothing for years.
In the tweet, Trump cited information in a tax return released by Obama that year, showing that in 2011 he paid $162,074 in federal taxes on a gross income of $789,674.
" BarackObama who wants to raise all our taxes, only pays 20.5% on $790k salary. Do as I say not as I do," wrote Trump. The link no longer works.
BarackObama who wants to raise all our...
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Is Trump Broke? New Report Details Decades Of President's Taxes And Financial Failures

1 month ago   |   By Forbes

On Sunday, The New York Times published a blockbuster report on President Trump's tax returns, painting a picture of a president whose businesses are in financial distress and whose looming challenges could push him into bankruptcy in the near future.
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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 ...

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 ...

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 ...

Best Buy has announced some of its early Cyber Monday deals - here's what's...

Best Buy has announced some of its early Cyber Monday deals - here's what's on sale now and what to expect on November 30

Summary List Placement Best Buy participates in Cyber Monday every year in a big way, bringing deep discounts on tech, TVs, and so much more. Listed below are the best early... 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 ...

Oil tanks 6% on surging COVID-19 cases and inventory build-ups

Oil tanks 6% on surging COVID-19 cases and inventory build-ups

Summary List Placement Oil futures tanked on Wednesday as escalating coronavirus fears and surging US stockpiles drove new uncertainty around the commodity market's... 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 ...

UBS just shared the 4 biotech stocks investors should buy now - including 2...

UBS just shared the 4 biotech stocks investors should buy now - including 2 that could soar more than 50%

Summary List Placement 2021 is shaping up to be a critical year for the biotech industry. Drugmakers are racing to develop treatments and vaccines that will help combat the... Read more ...