Trump’s Tax Returns Show Evil of the Income Tax, by Ron Paul

The evils of the income tax—robbing people of the fruits of their honest labor—are understood and mostly ignored. From Ron Paul at ronpaulinstitue.org:

The final act of the Democrat majority on the House Ways and Means Committee was to make public several years of Donald Trump’s tax returns, which the Committee obtained after a prolonged legal battle. The tax returns confirmed that, despite being one of the richest people in America, Donald Trump paid very little in federal income tax. In fact, in at least one year he paid under a thousand dollars.

Trump’s success in minimizing his tax liability without ever being audited is surprising only to those who think IRS audits are mainly used to catch rich “tax cheats.” According to data released by the Syracuse University Transactional Records Clearinghouse, in 2022 lower-income taxpayers were five and half times more likely than millionaires and billionaires to be audited! This is because low-income taxpayers cannot afford to hire top-notch tax attorneys and accountants to help fight the IRS, so they are more likely to give in to the agency’s demands.

Despite claims of the Biden Administration and its Congressional allies, the $80 million in additional funds provided to the agency as a part of the misnamed “Inflation Reduction Act” will likely increase the tax agency’s targeting of low- and middle-income Americans.

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One response to “Trump’s Tax Returns Show Evil of the Income Tax, by Ron Paul

  1. Taxes will never be a construct of the white male patriarchy.
    We’re all in this Jonestown unity hive collective together, comrade.
    Pay your fair share for the peace and safety of “civilized” society.
    The community of comrades looks down on shirkers.

    Like

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