flipboard.social is one of the many independent Mastodon servers you can use to participate in the fediverse.
Welcome to Flipboard on Mastodon. A place for our community of curators and enthusiasts to inform and inspire each other. If you'd like to join please request an invitation via the sign-up page.

Administered by:

Server stats:

1.2K
active users

#trumptaxes

2 posts2 participants1 post today

It’s #ElbowsUp in #Canada during the #TradeWar with the #UnitedStates that was foolishly started by #DonaldTheDeplorable and his #tariffs - aka #TrumpTaxes.

But when #Americans put their ‘elbows up’ 💪 to administer deodorant - perhaps as they prepare to ‘sweat out’ the *next* #TrumpRecession - they, too, can #BuyCanadian 🇨🇦 with Harry’s odor and sweat control sold at Kroger and elsewhere!

Harry’s Foaming Shave 🪒 Gel could also be handy if your finances are expected to take ‘a close shave’!

With #Project2025 not waiting for the January 20th inauguration of #AmericanCarnage2.0 to threaten a government #shutdown , @Wikipedia appears to also be anticipating the economic impact of the #TrumpTaxes - aka #tariffs - by including the 1828 “Nullification Crisis” in #SouthCarolina among its “On this day…” articles.

The crisis was caused by the “Tariff of Abominations” imposed by populist #POTUS Andrew Jackson. en.m.wikipedia.org/wiki/Tariff

en.m.wikipedia.orgTariff of Abominations - Wikipedia

Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows

A previously unknown focus of an IRS audit is a dubious accounting maneuver that effectively meant taking the same write-offs twice on a Chicago skyscraper, a NYT and ProPublic investigation

#Trump #DonaldTrump #TrumpChicago #TrumpTaxes

nytimes.com/2024/05/11/us/trum

The I.R.S. believes that former President Donald J. Trump violated a law meant to prevent double-dipping on tax-reducing losses.
The New York Times · Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit ShowsBy Russ Buettner

" #Republicans have been trying to knee-cap and punish the #IRS ever since #Obama took office... The ex-president has had armies of lawyers and accountants working against a severely understaffed and overwhelmed agency, but some valiant folks within it have kept the fire lit. If you are frustrated at the pace of the case’s resolution, imagine how these auditors and lawyers must feel."
- @jaykuo
statuskuo.substack.com/p/so-th