Protests Demanding Tax Returns Are Fake: President Trump

President Donald Trump. Photo: White House
President Donald Trump. Photo: White House

Although Trump claims that he runs profitable businesses, independent reports suggest that his businesses are under heavy debt.

By Rakesh Raman

As the controversy surrounding the secret tax returns of Donald Trump refuses to die down, thousands of protesters took to the streets Saturday in different U.S. cities asking Trump to release his tax information.

The organizers of “Tax March” in nearly 150 U.S. cities held rallies to draw public attention toward Trump’s refusal to provide his tax data publically.

Trump retorted today in his tweets to say that these were stage-managed rallies financed by his opponents. He asked why these tax protests are being organized now when the election is over.

Trump’s Tax Returns

Despite repeated demands from Democrats as well as Republicans, Trump has refused to release his tax returns. Many believe that Trump’s tax returns can reveal about his shady business deals with Russia and other entities in different parts of the world.

As he has been offering lame excuses about the delay in releasing returns, it is largely believed that he wants to hide something that can put his presidency in jeopardy.

As most Americans want to know about Trump’s businesses and financial status, recently a team of ethics lawyers filed a legal case against Trump, accusing him of accepting illegal payments for his businesses from foreign governments. The case also aimed to seek Trump’s tax returns.

[ WikiLeaks Asks: Do You Want to See Secret Tax Returns of Donald Trump? ]

Although Trump claims that he runs profitable businesses, independent reports suggest that his businesses are under heavy debt.

According to a new report mentioned by The Independent, Trump’s companies are under a debt of nearly $1.8 billion to more than 150 institutions – raising questions about potential conflicts of interests. That’s why Trump is reluctant to reveal his tax information.

By Rakesh Raman, who is a government’s National award-winning journalist and runs free school for deserving children under his NGO – RMN Foundation.

RMN News

Rakesh Raman