31 Dec 2022 7:41 am
Oh, man. It's Obama's fault.Skans » 30 Dec 2022, 9:41 am » wrote: ↑ Trump's failure to pay taxes for several years is directly related to Obama's failure to have a robust economy during his 8 years as president. Everyone of importance lost money and they were able to use those losses for years on their subsequent tax returns. Obama did it.
"Everyone of importance" did not lose money. The treasury took in a normal sum of tax revenue in the Obama years. Indeed, wealthy taxpayers managed to avoid tens of billions in taxes in those years and even more in the Trump years. The other ludicrous part of the above post is the implication from a conservative that success of our primarily capitalist economy depends primarily on the federal government.
https://www.finance.senate.gov/chairman ... bama-admin