The continued elephant in the room...

The fight by Trump to keep his tax returns out of the public eye continues unabated which if it says nothing more, proves how powerful the man is to have achieved this. As I posted before he even became President, these returns would come back to haunt him, not necessarily because they show any illegality but they would certainly have to illustrate what any wealthy business person would do to minimize their tax: and Mr. and Mrs. average might be appalled. Fair enough, but how does he keep these affairs secret when they could have a devastating effect in an election campaign despite his other declared victories? The story was that he had become a washed out bankrupt but because he owed so much, creditors let him run on his name as they were between that rock and a hard place and had little to lose.

Lesson 101 for how to be wealthy is not to own much in your name but structure so ownership is elsewhere but you have control. Having some of these ventures go into bankruptcy might help you as a Trump but screw over other investors. You still have control of the money and the other punters lose their shirts. All of which would show that you yourself are not all that wealthy in your own right which the average voter would probably not understand. Are there so many other powerful people out there who don't want the public to know their own tax loopholes that they are protecting Trump just as those earlier friends of Epstein want nothing to do with him? Something around all this still sounds fishy and remember Epstein was a financial adviser. Have Trump's earlier creditors been repaid or are they still holding their breath?

Trump came along without previous political mileage and approached running the country as a businessman might. That includes factoring in risk and living with the consequences which might have worked out well pre-pandemic but how does it look if a policy is to just accept your (human) losses and carry on business as usual? Even if people could support his business approach, an opposition could have a field day with this sort of information and hence the fight by Trump to again keep these returns under wraps at least until after the Presidential election. At least there remain plenty of distractions. After the election should he win, tax returns would no longer be a worry.

On the other side the voters might not like what they see if the tax returns come out but if in a presidential election there is Biden on one side at an age and in a state where he could easily be manipulated and Trump on the other side, the voters and so many others are still simply left between a rock and a hard place…