Trump’s taxes: a question of leadership, not just legality
“Make sure you pay your taxes,” Richard Nixon told the British journalist David Frost in a 1977 interview. “Otherwise you can get in a lot of trouble.”
The former president knew this from bitter experience. During his first term he took big deductions that looked bad when leaked to the press. President Nixon lost half his net worth before the scandal subsided.
Now President Donald Trump is getting a lot of attention for big deductions – and other tax-reducing financial maneuvers – that have been leaked to the press. A huge New York Times’ story covers over 20 years’ worth of President Trump’s personal financial records.
His situation is far from analogous with Nixon’s, of course. His taxes may seem startling to an
“Extent of his avoidance is remarkable”A post-Nixon tradition: releasing tax recordsYou’re reading a preview, subscribe to read more.
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