The NYT grunts, strains mightily, squeezes out another hard, desiccated nugget of pure nothing.
As a former accountant, please allow me to explain why all of today’s newly formed tax experts are fucking morons, and we should metaphorically put a brick in a sock and beat them over the head with it until they shut up.
I’m going to keep this blog post simple. I’m not going to get into any of the specifics of the leaked Trump taxes. Why? Because:
- We don’t know how full of shit the NYT is, and you don’t do taxes based on rumors and innuendo. You do taxes based upon financial statements and the company’s books.
- This shit is super complicated and my happy ass is retired and likes getting paid more money to write books instead of reading through thousands of pages of IRS regs.
Which brings us to today, with people freaking out about how Trump allegedly didn’t pay taxes for 10 out of 15 years and how that’s UNFAIR. Assuming that the anonymous tip isn’t total bullshit—and this is the New York Times we’re talking about and they love to just make shit up—and that the information is accurate (which means that whoever leaked it committed a felony, but that’s a whole different discussion)… my answer is so?
Actually, I beg to differ on one point: we DO know how full of shit the NYT is: totally. Other than that, it’s Larry Correia talking here, and nobody suffers fools less gladly than he does. So naturally, you’ll want to read it all.