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President Donald Trump paid no federal income taxes in 10 of the past 15 years, according to a report in The New York Times. The Sunday report said he paid 0 in taxes to the federal government the year he was elected, 2016, and 0 again his first year in office.Trump has fiercely guarded his tax filings, becoming the only president in modern times not to make them public. The details of the tax filings complicate Trump’s description of himself as a shrewd and patriotic businessman, revealing instead a series of financial losses and income from abroad that could conflict with his responsibilities as president. Trump's financial disclosures indicated he earned at least 4.9 million in 2018, but the tax filings reported a .4 million loss.The disclosure comes at a pivotal moment weeks before a divisive election, with early voting underway. During a briefing Sunday evening, Trump was asked about the story and his taxes. He replied, “Fake news. It’s totally fake news.”A lawyer for the Trump Organization called the report “inaccurate.” He said in a statement to the news organization that the president “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.” 1297
President Donald Trump couldn't get Obamacare repeal, an infrastructure plan or a border wall, but there's one big wish-list item he's succeeded in conjuring into reality: tax cuts.The greatest policy success of his first year in office was passing a landmark tax reform, something the Republican Party hadn't been able to do despite decades of trying.Now, with only two weeks left before voters go to the polls, he's promising middle-class voters another tax cut, with a plan coming before the midterms -- though his fellow Republicans in Congress, which is in recess through the election, have said they aren't aware of any such proposal already in the works.Speaking in the Oval Office on Tuesday, Trump said a "resolution" would be introduced in Congress next week outlining a "pure 10% tax cut" on top of what middle-class Americans received last year.His comments came a day after he promised at a rally in Texas that the top Republican tax-writer in Congress, House Ways and Means chair Kevin Brady, was already at work: "It's going to be put in next week. Ten percent tax cut. Kevin Brady is working on it. We have been working on it for a few months. That is in addition to the big tax cuts you have already gotten."Brady's office, after initially referring questions to the White House, said in a statement Tuesday that a plan is in development -- and suggested that it would be passed if the GOP can maintain control over both the House and Senate. "We will continue to work with the White House and Treasury over the coming weeks to develop an additional 10% tax cut focused specifically on middle-class families and workers, to be advanced as Republicans retain the House and Senate."So far, the White House has offered no concrete details on the fresh tax proposal or how it would be paid for amid a ballooning federal deficit as a result of last year's .5 trillion tax cut and a massive spending bill. Peter Navarro, one of the President's top trade advisers, told CNN chief business correspondent Christine Romans on Tuesday the White House is considering a proposal that would be "revenue neutral," adding a tax cut for the middle-class would be a "really good thing for this country."Trump's tax comments, starting over the weekend, sent Washington into a frenzy of trying to figure out what he was talking about.Aides on Capitol Hill scrambled to figure out what he meant -- and in the House, sent them scrambling to figure out if they could, or even needed to, draft something that would address what the President was promising. In the Senate, GOP officials said calls and e-mails were sent to their House counterparts for guidance this past weekend, only to find out there wasn't any -- nobody was sure what exactly the President was referencing.With both chambers still under Republican control, legislative proposals can move quickly if prioritized by leadership, including bypassing the committee process altogether. But there are currently no plans to do anything of the sort, the aides said -- primarily because nobody has pinned down what, exactly, the President wants."Your guess is as good as mine," said one senior House GOP aide. As to whether something could eventually happen? "I guess," the aide said. "But it's not like we don't have a lot on our plate after the election."The President's top economic adviser, Larry Kudlow, sought on Tuesday to temper expectations, suggesting a tax cut may not materialize for some time."It may not surface for a while," Kudlow told reporters in a driveway gaggle. "But that's his goal. That's his policy intent. I don't see anything wrong with that."Kudlow nevertheless stressed that Trump managed to get his first tax cut through, too, against expectations."Take him seriously when he comes out with these things," Kudlow said. "That's been his pattern for a long time. People should not underestimate that."The whole episode echoes almost note-for-note the origin of Trump's first tax bill, which originated with a promise by the president to unveil details of a historic tax overhaul plan in "one week" ahead of his 100-day mark in office.At the time, most people knew that staff at Treasury had yet to begin substantial work on anything. The 2017 tax reform was initially introduced as a one-page summary by Treasury Secretary Steven Mnuchin and then-National Economic Council Director Gary Cohn in a hasty April 2017 White House briefing room appearance -- but that document was written into the plan that ultimately passed Congress and landed on Trump's desk in December."Trump benefitted by a lot of work that was done already by the House GOP led by Kevin Brady and Paul Ryan," said Kyle Pomerleau, an economist at the Tax Foundation, a non-profit think tank in Washington. "I am not sure I can give this method credit. Tax reform had been on the minds of Hill staffers for a while by the time Trump announced the details were coming."The President's latest tax pitch appears strategically designed to rally Republican voters ahead of the midterm elections next month. GOP leaders have been increasingly frustrated that last year's tax cuts aren't resonating with Americans as much as they hoped.Messaging by Democrats that the administration's tax law was overly generous to the rich and big corporations appears to have won over public opinion, polls show."If the President had only talked about our actual tax cut for the last year, he wouldn't have to be proposing a fake one now and our members would be in far better shape," a senior Republican congressional aide told CNN late Monday night.Top administration officials have repeatedly tried to sell last year's tax cut as a lift for middle-class Americans' pocketbooks."You know, we've already given the middle class, with an income of ,000, you got about a ,000 tax hike, and you're going to get a wage increase," Council of Economic Advisers chairman Kevin Hassett said Tuesday in a call with reporters. "He's saying ... now, that after the election he's going to pursue giving people an additional 10% tax cut."But comments by Navarro in his CNN interview Tuesday underscored the sweep of the corporate elements in the package."For me, the beauty of the Trump tax cut was on the corporate side," said Navarro in an interview. "As somebody who watched with dismay over a decade have our jobs move off shore in part because of unfair trade practices but also in part because of a high corporate tax rate here, it was really great to get that corporate tax rate down to 21 percent."Trump has in recent days expressed his dissatisfaction that the fallout over dissident Saudi journalist Jamal Khashoggi's death has eclipsed his efforts on the campaign trail, multiple sources with knowledge of the situation told CNN.The tax idea surfaced publicly over the weekend, with Trump's initial comments on Saturday amplified by Treasury Secretary Steven Mnuchin in an interview with The New York Times in Israel. Mnuchin said he's been working on a tax plan with Brady that would be unveiled "shortly."He described the new initiative as "different" than a tax bill that that passed the House earlier in the September to make individual tax cuts permanent. They are currently set to expire in 2025.Tax policy analysts were left to surmise possible explanations of what the President meant, with the prevailing view being that Trump was referring to a 0 billion tax cut that would link capital gains taxes to inflation.Earlier this summer, Mnuchin said Treasury was looking into whether the agency could use its regulatory powers to make a unilateral change on capital gains, bypassing Congress.But Trump made clear on Monday, en route to the rally in Houston that he had no intention of bypassing Congress: "We're putting in a resolution sometime in the next week-and-a-half or two weeks." 7835

President Donald Trump and Homeland Security Secretary Kirstjen Nielsen got into a lengthy, heated argument during a Cabinet meeting focused on immigration Wednesday, a source with knowledge of the blowup told CNN.Trump was furious with Nielsen, telling her he didn't think she was doing enough to secure the border. But Nielsen maintained her ground, citing the law in certain instances, the source said.A separate White House official confirmed that Trump exploded over immigration in front of the Cabinet. The official described the remarks as "angry and heated" but also as fairly typical for Trump on this issue.The New York Times first reported on the blowup, saying Trump berated Nielsen to the point she told colleagues she was close to resigning after the incident.Two people told the Times that Nielsen, the Cabinet head who oversees agencies responsible for immigration enforcement and border security, drafted a resignation letter.Trump went on a "lengthy tirade" before the full Cabinet, the report said, but it added that Nielsen thought the thrust Trump's remarks were about her.White House press secretary Sarah Sanders said in reaction to the report, "The President is committed to fixing our broken immigration system and our porous borders. We are a country of laws and the president and his administration will enforce them.''Nielsen said in a statement that she shares Trump's frustration about the border, blaming it in part on "congressional inaction.""The President is rightly frustrated that existing loopholes and the lack of congressional action have prevented this administration from fully securing the border and protecting the American people. I share his frustration," Nielsen said. "Border security is the most basic and necessary responsibility of a sovereign nation. These are complex issues and I will continue to direct the Department to do all we can to implement the President's security-focused agenda."The report of Trump's angry remarks marked at least the second top Cabinet official Trump is said to have berated to the point they nearly quit. The Times reported last year that Trump called Attorney General Jeff Sessions an "idiot" to his face and said he should resign, and a source told CNNlast year that Sessions offered to resign amid a series of heated exchanges with Trump. 2357
President Donald Trump pointed the finger Wednesday night at Democrats and the news media for the turbulent national political environment, on the same day explosive devices were mailed to the Obamas, the Clintons, CNN and other public officials.Trump took no responsibly for the tone of the political discourse.During a rally in Wisconsin, the President promised to bring those responsible for mailing the explosive devices to justice."Any acts or threats of political violence are an attack on our democracy itself. No nation can succeed that tolerates violence or the threat of violence as a method of political intimidation, corrosion or control, we all know that. Such conduct much be fiercely opposed and firmly prosecuted," he said."We want all sides to come together in peace and harmony. We can do it. We can do it. We can do it. It'll happen."Then he pivoted, saying those in the political arena "must stop treating political opponents as being morally defective.""The language of moral condemnation and destructive, routine -- these are arguments and disagreements that have to stop," he said.He complained of "mobs" -- a reference to protesters, who opposed Brett Kavanaugh's Supreme Court nomination and confronted Republican senators on Capitol Hill, and who have challenged GOP lawmakers and Trump Cabinet officials at restaurants and in public."No one should carelessly compare political opponents to historical villains, which is done often and all the time. It's got to stop. We should not mob people in public spaces or destroy public property. There is one way to settle our disagreements -- it's called peacefully, at the ballot box. That's what we want," Trump said.He then said it's the news media's responsibility to set the national political tone."The media also has a responsibility to set a civil tone and to stop the endless hostility and constant negative and oftentimes false attacks and stories. Have to do it," he said.Trump took no responsibility for his own rhetoric -- which has included attacks on news outlets and Democratic opponents, as well as moments like a recent rally in Montana where he praised a Republican congressman who pleaded guilty to charges stemming from his body-slamming a reporter. 2247
POWAY, Calif. (KGTV) -- Poway residents are expressing concern after Stoneridge Country Club closed without notice Wednesday morning.The club closed after voters defeated a measure Tuesday which would have rezoned the property to allow owner Michael Schlesinger to replace part of the club with 180 new condos.One member told 10News "I want the people of Poway to realize that it’s not just about losing golf. It’s about our home values and losing our history that we’ve had here for so long.”Her home sits directly adjacent to the course. She's concerned Schlesinger will stop maintaining the property, turning it into a major fire hazard.Several other residents also expressed worries about vagrants setting up camps on the vacant course and that overgrowth could lead to a spread of coyotes in the area.Those fears are stoked, the residents say, by what has happened at the Escondido Country Club, also owned by Schlesinger.The club has gone to waste in the four years since he made the decision to close it and Poway residents worry they're about to be victims of the same fate.Club members tell 10News there has been no communication from Stoneridge about the closure.Many members paid their 2018 dues in advance and fear Schlesinger will not refund their money.10News contacted a spokesperson for Schlesinger, who replied with a statement:"We are on day 2 of the process of closing a business that has been open for 60 years. Our employees were our first concern, and now we are just beginning to figure out details. On the issue of maintenance, the property will be secured for trespass and follow all appropriate, applicable guidelines." 1653
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