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Tax March Statement on President Trump’s Taxes: The President Had Plenty of Corruption and Tax Avoidance to Hide

SEPTEMBER 27, 2020
Tax March Statement on President Trump’s Taxes: The President Had Plenty of Corruption and Tax Avoidance to Hide
WASHINGTON, D.C. — The New York Times today released a landmark story on President Trump’s taxes, showing abuses including more than two decades of tax avoidance and chronic losses. Tax March launched nationwide demonstrations on Tax Day, April 15th, 2017 with 200,000 Americans across 200 cities demanding that Trump release his tax returns. We fought to stop the Republican tax giveaway to the rich and corporations that same year, and we are still fighting to repeal that law, tax the rich, and invest in the American people.
Tax March Executive Director Maura Quint released the following statement:

“Today’s revelations are precisely why Tax March has fought and organized for years to make sure the American people know who Donald Trump works for – himself and his wealthy friends.

“Trump’s own tax records show a poor businessman, years of tax avoidance, questionable side-dealing, and outright corruption while in office. No wonder he and his family fought so hard to keep us all in the dark.

“Our tax code is rigged for the wealthy and well-connected. Trump paid just $750 dollars in federal income taxes for 2016 and 2017 – and $0 in 11 of the 18 years analyzed by the New York Times. He is the embodiment of a corrupt and unjust system, where the wealthiest and big corporations avoid taxes, while hard-working Americans foot the tax bill.

Millions of Americans are facing an unprecedented pandemic and severe economic crisis. While ordinary Americans struggle, Trump and his wealthy cronies manipulate the system to increase their bottom line. The American people deserve better. It’s time to fix our broken tax system, invest in middle and working class families, and build an economy that truly works for everyone, not just the wealthy few.

“Tax the rich. Tax Donald Trump.”

To speak with a Tax March spokesperson, please email [email protected].

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