One of the biggest problems exposed by Trump’s tax returns is that he took money from foreign countries, including China, during his presidency.
Six years of tax returns released on Friday showed Trump received substantial income from Canada, Ireland and the United Kingdom — including at least $35.3 million in gross operating income from Canada in 2017, the year he took office.
That year, Trump also received $6.5 million from China, $5.8 million from Indonesia and $5.7 million from India.
Trump is the most conflicted president in American history. Donald Trump takes money from the Chinese when he bashes China and claims he is getting tough on China.
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The reality is that Donald Trump took advantage of the nation’s lack of disclosure and presidential ethics laws, and the few guardrails that should have existed, like the IRS audit of the sitting president, were removed by Trump.
The tax returns illustrate both why Trump is so eager to return to power and the corruption and conflicts that have characterized his tenure.
America needs a written presidential ethics law. Integrity disclosure is not working, and failure to address it now will only lead to greater crime and corruption in the future.
Jason is the managing editor. He is also a congressional correspondent for the White House Press Fellowship and PoliticusUSA. Jason has a BA in Political Science. His graduate work focused on public policy, specializing in social reform movements.
Awards and Professional Memberships
Member of the Association of Professional Journalists and the American Political Science Association