• Politics
    The Wrap

    Trump’s Tax Records Show Hundreds of Millions of Dollars in Debt, New York Times Reports

    The New York Times has obtained Donald Trump’s tax information covering the past two decades and found that the president has paid a total of $1,500 in federal taxes since taking office and paid no income tax at all 10 of the previous 15 years because he reported losing more money than he made each year.President Trump has avoided releasing his tax records since before he secured the Republican nomination, but the New York Times reported Sunday that his tax information reveals his finances have been in trouble for 20-plus years.Among the issues, the New York Times says Trump is “beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed” and an audit disagreement with the IRS over the legitimacy of a $72.9 million tax refund that he received after claiming a loss.Also Read: Trump Lashes Out at Fox News After Poll Shows Him Down in Key StatesThe tax return data the New York Times obtained covers the hundreds of companies that fall under Trump’s business organization’s umbrella and does not include his personal returns from 2018 or 2019.If the IRS rules against him, it could cost Trump more than $100 million, the Times reports.The filings show what Trump “has disclosed to the I.R.S., not the findings of an independent financial examination. They report that Mr. Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia.”“Most, if not all, of the facts appear to be inaccurate,” Alan Garten, a lawyer for the Trump Organization, told The Times in a letter summarizing its findings. Garten requested a copy of the documents on which the report is based but the outlet declined the request.“Over the past decade, President Trump has paid tens of millions of dollars in personal taxes to the federal government, including paying millions in personal taxes since announcing his candidacy in 2015,” Garten said in a statement.Also Read: Trump Nominates Amy Coney Barrett to Replace RBG on the Supreme CourtThat assessment is struck down by The Times, which says Garten is combining income taxes with other federal taxes Trump paid, such as Social Security, Medicare and taxes for his household employees. Garten also stressed that some of what the president owed was “paid with tax credits.”The Times writes, “Together with related financial documents and legal filings, the records offer the most detailed look yet inside the president’s business empire. They reveal the hollowness, but also the wizardry, behind the self-made-billionaire image — honed through his star turn on ‘The Apprentice’ — that helped propel him to the White House and that still undergirds the loyalty of many in his base.”It adds, “Ultimately, Mr. Trump has been more successful playing a business mogul than being one in real life.”The team of New York Times reporters combed through the personal and corporate tax records for President Trump and his businesses in the U.S. and abroad, stretching from his time as a New York real estate developer to the beginning of his presidency. Additional articles are to come as they uncover more information in the documents.Also Read: Mary Trump Sues President Trump and Siblings for Fraud“We are publishing this report because we believe citizens should understand as much as possible about their leaders and representatives — their priorities, their experiences and also their finances,” New York Times executive editor Dean Baquet said in a letter to the public.“As a candidate and as president, Mr. Trump has said he wanted to make his tax returns public, but he has never done so. In fact, he has fought relentlessly to hide them from public view and has falsely asserted that he could not release them because he was being audited by the Internal Revenue Service,” Baquet went on.“The records show a significant gap between what Mr. Trump has said to the public and what he has disclosed to federal tax authorities over many years. They also underscore why citizens would want to know about their president’s finances: Mr. Trump’s businesses appear to have benefited from his position, and his far-flung holdings have created potential conflicts between his own financial interests and the nation’s diplomatic interests.”The New York Times had previously obtained Trump’s 1995 tax records, which suggested his $916 million loss on his 1995 income tax return could have “allowed him to legally avoid paying any federal income taxes for up to 18 years.” According to its reporting, the mismanagement of three Trump Atlantic City casinos, his failed venture in the airline business and a badly timed purchase of the Plaza Hotel in Manhattan caused the massive financial loss — but equally massive tax break.Read original story Trump’s Tax Records Show Hundreds of Millions of Dollars in Debt, New York Times Reports At TheWrap

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  • Lifestyle
    Motley Fool

    Don't Claim Social Security Benefits Until You Can Answer These 3 Questions

    If you're thinking of claiming your Social Security benefits, you may want to take a moment to make certain you're really ready to act. First and most important, you need to know how much income Social Security will actually provide if you claim your benefits now. You can use the Social Security Administration's online calculators to estimate the amount of your benefits or sign in to your online account and get a personalized estimate based on your work history.

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  • Politics
    ABC News

    Former Trump campaign manager Brad Parscale hospitalized after threatening to harm himself: Police

    President Trump's former 2020 campaign manager and current campaign senior advisor, Brad Parscale, was taken into custody Sunday evening by Fort Lauderdale Police after allegedly threatening to harm himself at his home in Fort Lauderdale, Florida, ABC News has confirmed. The news was first reported by ABC News affiliate WPLG.

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  • Celebrity
    Yahoo Style UK

    Man lists himself for sale on Facebook in bid to find a girlfriend after being single for 11 years

    The 30-year-old has been inundated with offers.

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  • Entertainment
    The Wrap

    ‘The Boys’ Boss on ‘Horrific’ Reveal That Connects Stormfront From Amazon Series to Comics

    (Warning: This post contains spoilers for Episode 206 of “The Boys,” titled “The Bloody Doors Off.”)Friday’s episode of Season 2 of “The Boys” ends with a scene that some fans have been clamoring for (or complaining about) since Aya Cash’s version of Stormfront was introduced: the moment when she “catches up” to the Stormfront from Garth Ennis and Darick Robertson’s comics with the reveal that the decades-old superhero is actually a Nazi — literally, from the Third Reich — who also happens to be the first supe ever created using Compound V.“Really, that’s a very similar backstory to the comic book: a real Nazi, really injected by the Nazis — one of the very first injections, if not the first,” “The Boys” showrunner Eric Kripke told TheWrap. “That was just something we always wanted in the backstory of this character — we just wanted to really hide it. So I remember there were a lot of fans of the comic shouting out when Stormfront first came out about, why even name her Stormfront? Why are you doing any of this? And in the back of my head I’m just waiting, because you’re going to see it’s actually exactly the character from the comic! She’s just wearing a very different mask.”Also Read: Gillian Flynn Talks 'Utopia' Season 2 Plans: 'I Have an Entire Mythology Written Out'In a departure from the comic book version, a man, Cash’s Stormfront is a woman born in Berlin in 1919 who was later injected with Compound V by her Nazi scientist husband Fredrick Vought, the founder of Vought. She has outlived both him and their daughter and continued to spread hate for years while disguising herself as just superheroes, first as Liberty and now as Stormfront, the newest member of The Supes of the Seven.“And that falls into line with really the point we’re making with her, which is she’s a very old evil wrapped up in really modern clothing,” Kripke says. “And I’m sad to report that’s happening quite a lot these days. I think it’s f—ing insane that I have to remind the audience, and make the slightly controversial point that Nazis are bad. But here we are in 2020 and I’m doing it! It was set up, there are clues throughout. Stan Edgar’s first speech to set up who Fredrick Vought was and where he came from, that was all part of laying the groundwork for this reveal in Episode 6.”Also Read: 'Utopia' Creator Gillian Flynn on Why She Killed Off THAT Character So SoonThe big reveal of Stormfront’s origin comes at the end of the episode, when Homelander (Antony Starr) confronts her about what she’s been keeping from him. That’s when she gives a speech that reveals her backstory and leads to her saying they are in a “war for the culture” and she wants him to lead their race by fighting back “with an army of supermen millions strong.”“And that’s a credit to Aya, it’s a horrific speech. But she plays it so sympathetically and emotionally that it’s pretty remarkable to watch. She’s such a good actor,” Kripke says.“The Boys” showrunner says Homelander’s decision to kiss and makeup with Stormfront after that schpiel was because of what she wants for him to do.Also Read: 'The Boys' Showrunner on Weekly-Release Backlash: 'It's Not Fun to See Bad Reviews on a Thing People Actually Love'“For us it was, she had him at, ‘You’re going to rule over the master race,'” Kripke told us. “He was kind of grumpy until she was like, ‘You’re going to be the leader of an Aryan race!’ And his ears prick up and he’s like, ‘Hm, that’s not so bad.’ That was it for him.”A new episode of “The Boys” Season 2 launches next Friday on Amazon Prime Video.Read original story ‘The Boys’ Boss on ‘Horrific’ Reveal That Connects Stormfront From Amazon Series to Comics At TheWrap

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