Connect with us

News

NYT Obtained 10 Years of Trump’s Tax Returns — Which Document Potential Fraud and Exactly How Awful He Is With Money

Published

on

President Donald Trump’s ongoing efforts to keep his finances from undergoing public scrutiny continued to fail on Tuesday as The New York Times published a bombshell report based on his tax returns.

“The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade,” the newspaper noted. “In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.”

Trump avoided paying taxes for eight of the ten years because of how much money he lost on business.

The story includes the subheads, “The Art of Losing Money” and “A Vulture’s Appetite.”

“Every year from 1985 through 1994, Donald J. Trump reported a negative adjusted gross income on his tax returns. That number grew as new losses were combined with those from prior years,” the newspaper noted. “The 10-year total: $1.17 billion in losses.”

There's a reason 10,000 people subscribe to NCRM. You can get the news before it breaks just by subscribing, plus you can learn something new every day.
Continue Reading
Click to comment
 
 

Enjoy this piece?

… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.

NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.

Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.

News

Trump Calls to End Filibuster to Pass ‘Everything Republicans Have Ever Dreamed Of’

Published

on

President Donald Trump called for the end of the filibuster so the GOP can pass “everything” it “ever dreamed of.”

In a Wednesday morning post to his social media platform Truth Social, Trump stumped for the SAVE America Act over a housing bill drafted by Sens. Elizabeth Warren (D-MA) and Tim Scott (R-SC). That bill, the “21st Century ROAD to Housing Act,” passed the Senate Monday in a vote of 85-5 and heads to the House, where it is expected to pass.

READ MORE: Internet Rises Up to Slam Mitch McConnell for Claiming Filibuster ‘Has No Racial History at All’

“The Elizabeth ‘Pocahontas’ Warren centric housing bill, which is of minor importance compared to lower interest rates, and even FISA, pales in comparison to passing THE SAVE AMERICA ACT. That is what Americans, both Dumocrats, Republicans, and everyone else, care about. Get the bad Republicans to approve it or, better yet, Terminate the Filibuster and approve it, AND EVERYTHING ELSE REPUBLICANS HAVE EVER DREAMED OF. The Dumocrats will do it in hour one, 100%. Republicans will feel very stupid if they don’t do it first. I’ll be watching with tears in my eyes!!!” Trump wrote.

The SAVE America Act—or Safeguard American Voter Eligibility Act—would require Americans to provide proof of citizenship when registering to vote and show photo ID when voting in federal elections. Trump claims the bill is necessary to prevent widespread election fraud, despite there being no evidence of voter fraud on a large scale. Though passed in the House, with Henry Cuellar (D-TX), joining Republicans, the bill has languished in the Senate.

The Republicans have a Senate majority, with 53 versus 45 Democrats (and two independent senators who caucus with the Dems), but the bill is unlikely to pass. An earlier attempt to pass it as an amendment to the DHS appropriations bill failed with four Republicans (Lisa Murkowski of Alaska, Mitch McConnell of Kentucky, Susan Collins of Maine and Thom Tillis of North Carolina) voting against it.

While if a vote were held, it is likely based on previous attempts that a simple majority could be reached, the bill would be filibustered. A filibuster is a way to require a bill be passed with a supermajority—60 votes, a threshold the SAVE America Act probably can’t reach. Even if all Republicans voted for it, which is itself unlikely, it would require seven Democrats to cross the aisle to vote for it.

Though Trump has repeatedly called to end the filibuster, Democrats have as well. In 2022, many donors pulled their funding from conservative-leaning Democratic Senators Joe Manchin (WV) and Kyrsten Sinema (AZ). At the time, Democrats called for the end of the filibuster to pass federal abortion rights after the fall of Roe v. Wade, but their attempts were stymied by Manchin and Sinema.

Image via Reuters

Continue Reading

News

Three of The Four Republicans Who Voted to Release The Epstein Files Won’t Be in the House in 2027

Published

on

In 2025, four House Republicans broke ranks to vote in favor of releasing the files relating to disgraced financier and sex criminal Jeffrey Epstein. Three of them will not be returning in 2027.

While running for a second term, many of President Donald Trump’s surrogates on the campaign trail said that if elected, he would release the complete files on Epstein. Even though Trump himself was more cool on the idea—he’d called the files a “Democrat hoax that never ends“—his supporters were so outspoken about it that it became a de facto plank of his platform.

Throughout 2025, Speaker of the House Mike Johnson (R-LA) delayed the vote as long as he could. Representatives organized a discharge petition to force the vote, and Johnson even delayed swearing in Rep. Adelita Grijalva (D-AZ) for two months, as she promised to be the final signature needed. But in November, the House finally voted. All Democrats voted to release the Epstein files, but four Republicans—just enough to get it to pass—crossed party lines to vote in favor.

READ MORE: Marjorie Taylor Greene Says She’s ‘Done Supporting’ The GOP: ‘Party Betrays Its Voters’

Those congresspeople, Marjorie Taylor Greene of Georgia, Nancy Mace of South Carolina, Thomas Massie of Kentucky and Lauren Boebert of Colorado, had previously been staunch allies of Trump, and among the most conservative members of the House. However, after their vote, Trump and the MAGA movement turned on them.

Greene was the first to leave. She announced she’d be resigning a week after the Epstein vote, saying she didn’t want to put her family and constituents through “a hurtful and hateful primary against me by the president that we all fought for.” She resigned on January 5, the five-year anniversary of her first swearing in.

Massie was the next to fall. His primary was May 19, and he came in second to the Trump-backed Ed Gallrein, a former Navy SEAL. The election was hard-fought, with the candidates and their supporters spending the most money on advertising in a House race ever, according to NBC News. Massie lost by nearly 10 percentage points and a little more than 10,000 votes. After his loss, Trump said, “He was a bad guy. He deserves to lose.”

Though a Trump loyalist like Massie, Mace also positioned herself as the face of anti-LGBTQ activism. She railed against Rep. Sarah McBride (D-DE), the first openly trans member of Congress. Mace introduced a bill barring trans women from using the women’s restrooms, telling reporters the legislation was directed at McBride specifically. Mace ended up coming in fifth in her primary on June 9, earning just 12.1% of the vote. The top two vote-getters faced off June 23 in a primary, with the state Attorney General Alan Wilson triumphing over the Trump-backed Lt. Gov. Pamela Evette.

Massie and Mace are lame ducks—and the question remains, will Boebert join them? Boebert’s primary is June 30—and given that her district is the reddest in Colorado, it is nearly a foregone conclusion that the primary winner will ultimately land in Washington. That said, despite Trump calling for someone to run against her, he did so too late for anyone to file, and Boebert is running for her party’s nomination unopposed. So barring an unprecedented upset—she’s currently polling at 80% over her Democratic rival Eileen Laubacher—Boebert will be the last one standing.

Image via Shutterstock

Continue Reading

News

Marjorie Taylor Greene Says She’s ‘Done Supporting’ The GOP: ‘Party Betrays Its Voters’

Published

on

Former Republican Rep. Marjorie Taylor Greene said on Monday that she is “done supporting” her former party—but don’t expect her to join the Democratic party anytime soon.

Greene announced her disillusionment with the GOP on Monday afternoon in a tweet.

“Tucker is not the only one who is done supporting the Republican Party. There is A LOT of us that are absolutely fed up and will not support a party that betrays its voters and country. That does not mean we are turning into Democrats either. But we are DONE with the America LAST Republican Party,” Greene wrote.

She referred to comments made last week by pundit Tucker Carlson. Carlson appeared on the Can’t Be Censored podcast Thursday, saying he would refrain from supporting either major party, and admitted “I’m not sure what I’m going to do.”

READ MORE: ‘Gaslight America’: Marjorie Taylor Greene Blasts Trump Ahead of His Trip to Georgia

“How could I or any American voter support a political party that’s not loyal to the United States. That puts the interests of a foreign country above those of its own citizens. It’s not possible to vote for people like that, and I’m not going to,” Carlson said, according to Mediaite, referring to America’s long-time ally Israel.

Greene famously broke with President Donald Trump earlier this year when she called for the release of the FBI files relating to disgraced financier and sex criminal Jeffrey Epstein. A former staunch ally of Trump, the two started trading barbs. Greene resigned from the House this January. Greene has long called for an isolationist foreign policy, criticizing America’s involvement in Ukraine as well as the current conflict with Iran.

Given that Greene said she has no plans on moving leftward in her politics, it’s unclear if she will refrain from voting or if she’ll throw her lot in with a third party. While American politics are primarily driven by the two major parties, a number of smaller parties also exist.

Greene may find a home in the Libertarian party, the third-largest party by voter registration. The Libertarian party has drifted rightward since its founding in 1971. While initially economically conservative but politically liberal, after 2022, the paleolibertarian Mises Caucus gained control of the party. Paleolibertarianism was developed by anarcho-capitalists, and embraces cultural conservatism. Some of the most widely known paleolibertarians include former Representative Ron Paul and the current president of Argentina, Javier Milei.

Third parties struggle to gain traction in the United States. The closest a third party has come to widespread support was the Reform Party, founded by H. Ross Perot during the 1996 presidential election after he won 18.9% of the popular vote in the 1992 presidential election as an independent candidate. Reform won 8.4% of the popular vote in the 1996 election, but no third-party or independent candidate has been as successful as Perot since.

However, the electoral college makes it difficult for a third-party presidential candidate to be elected at all. Third-party presidential candidates are often seen as spoilers for the major candidates. Perot is often believed to have won votes away from President George H.W. Bush in 1992, giving the election to President Bill Clinton. In 2000, Green Party candidate Ralph Nader was similarly accused of acting as a spoiler for Vice President Al Gore, leading to the election of President George W. Bush.

Third parties, however, have a better track record in down-ballot races. For example, Kshama Sawant won election to the Seattle City Council in 2014 as a member of the Socialist Alternative party. She held office until 2024, when she declined to seek reelection. She is currently running for a seat in the House of Representatives as an independent.

Image via Shutterstock

Continue Reading

Trending

Copyright © 2026 AlterNet Media.