Keywords or Terms: Tax Filing; Baulked, Peeker-boo; Ben Franklin, Father of US Postal Service; American Political
Parties; Public Office; Secrecy; ABC NEWS George
Stephanopoulos; Republican Nominee; bankruptcies filings; Insistent Outrage; Credit Worthiness; january 20, 2017
This
is Billionaire Donald Trump, inventor of the hullabaloo about 2012 Presumptive Republican
nominee, Mitt Romney, not showing his tax filing records to America, as soon as
they showed interest. The same suspiciously egotistic, sexists and xenophobic
aspirant, who once begrudged another former Republican presumptive nominee,
Mitt Romney, to live up to the transparency and probably, the responsibility a
seeker of the highest office in the land, is expected to live up, or show a
candor for the same. When the question arose in his case in 2016, he baulked,
baulked so badly that many wondered, are we having a sanctimonious candidate
just as the probable, boss of bosses from Manhattan New York, this time around?
The same citizen in 2012 who so much wanted candidate Barack Obama to show his
birth certificate, responding to question about releasing his tax filing with: “[Trump’s]
tax returns is none of your business!”
Americans are familiar with the seven questions journalists
seek answers to with any interviewee: who? What? Where? When? Why? How? And How
much? Every American at this time is curious to know, who is paying what and
who is not paying much or who is dodging the tax man; and, why he or she is failing
to rise up to the responsibility of paying adequate ratio or fair tax for his
or her income bracket? Mr. Trump must have asked himself at certain times in
his business career, if he is paying too much taxes or if he is actually paying
his fair share? After all he is probably paying his legion of tax accountants
to explore all possible loop holes in the tax laws to help him save a lot; or
deny paying anything in tax, if possible? If Mr. Trump was a business man
without an interest or ambition in the highest office in the land, maybe it is
none of the public’s interest to know his tax filing papers. However, as a
presumptive nominee of a major American Political Party, and probably the
future President of the United States, there are many seminal issues about his
tax filings that deserve in-depth examination and elucidation; and for this
reason, it is rather expedient that he shares his tax filing information with
those he is aspiring to rule over.
How else can a future US President ask the
ordinary American to pay his share of taxation, if he is skittish about the
citizens finding out if he had been paying his fair share in taxes? How can the
average ‘joe six pack’ know that he has not been taken as a fool, as he works
off his butt to pay his taxes and his possible future President, has been
avoiding paying taxes or shying away from paying the true ratio of his
earnings, comparatively? There are Americans who will easily default on Mr.
Trump’s right as a citizen not to make his tax filings information public;
however, there are millions as well, who will like to know if their future President
has been an honest and transparent citizen. If Mr. Trump has been paying his
taxes and or fair share of taxation, sharing information about his taxes must
be effortless; if otherwise, then there is a problem: naysayers have the right
to know if their future President is trustworthy and fair?
It is not strange or news that some Americans
have taken a sabbatical from paying Uncle Sam, yearly taxes. No one at this
time is alleging the presumptive Republican Nominee has some of his wealth
hidden overseas; and, if Americans take Mr. Trump at his words or on the surface,
he does not have an offshore account, where he is attempting to evade paying
taxes. However, if Americans are curious to find out the “what’ and “how” of
candidates who have been found as operating offshore accounts or hiding money
in foreign countries to evade paying Uncle Sam, it is not unexpected or unusual
for the American voter to be curious about whether Mr. Trump has been paying
taxes and what tax brackets he falls? If presumptive Republican nominee wants average
American to believe that if they vote him or anyone into office, they will
necessarily seek to better their welfare and improve their lives, there is no
reason to question their right to know; the right to know if they are dealing
with a candidate that is having an overreaching or under reaching mission? This
is part of the equation of wanting to be the President of the greatest
democracy on earth. This is part of the unwritten requirements that decorum now
demands and this is why information regarding any aspirant seeking the highest
office in the land, is of public interest.
It is funny at this time that the “what” and “why”
had gotten lost in the long twist of Mr. Trump’s response
to ABC NEWS George Stephanopoulos’ question on Good Morning America the other
day. The presumptive nominee had become animated and self-focused rather than purpose
-focused. He must have contemplated the purpose for which the question
regarding his prior years’ tax filings were being asked by the news anchor; and
his response that that information is no one’s business, is probably an underestimation. The reality is, when you are asking Americans for their votes,
your prior or current tax filing information, is part of the criteria they may choose
to evaluate your authenticity as a candidate. If the presumptive nominee had
attempted to explore the “why” of the question, maybe his response to the
question would have been wisely different. Conveniently, he anticipated he had
an audience that could be hood winked, with a stroke of one sentence designed
to shut-voters’ inquisitively down. Now, Mr. Trump is not the first millionaire
presumptive Republican nominee to have had problem with questions regarding
their tax filings. Mr. Romney had similar problem in 2012 and ultimately obliged;
and this is most likely going to be the case for the 2016 presumptive Republican
nominee.
The
“what” question is one that American voters must have thought is universal for
most tax filers that are secretive about information regarding their tax
filing. What exactly is the problem with this question; what exactly is in
those tax filing that appears Mr. Trump or Mr. Romney are secretive about: What
is their source and amount of wealth? Will someone in either tax bracket
qualify as appreciative or understanding of the plight of the average American
voter? Since this time around, Mr. Trump is the one seeking the White House
oval office, it is not presumptive to ask Mr. Trump, what are his source of
income; especially, where there are records of at least three bankruptcy
filings? Although long known that Mr. Trump has filed for Chapter 7 and or 11,
the reasons for those filings are not public information and no one except close
associates, lawyers and accountants who have information regarding what led Mr.
Trump to file for bankruptcy. Was he attempting not to pay his creditors or was
he in a tight spot and needed some time to make good on some loans and or credits? What are those
sources of loans? Is it possible that an old creditor may use his absolved debt
at bankruptcy to blackmail a US President? American voters, Republicans and
Democrats, deserve to know, who are, or if Mr. Trump’s creditors were in a bind; or, if they suffered a disproportional and or disparaging loss from his bankruptcy filing(s); and may in turn use their misfortunes against a US President while in office.
Use
of money and management of credits have become part of assessing one’s level of
dependency. One’s credit score has emerged as means of defining who we are as
persons or trading partners in a national and or global market. How much debt you
are carrying and how many bankruptcy filings you have had are known to define
business relationship(s) with other people and enterprises. “How” much you owe as
a person and CEO or leader of a business decides if people or businesses are going to
go into accord with you, or offer you additional credit lines. If a potential
creditor determines you are a huge risk, it is unlikely he is going to do business
with you or the business you head. If the person or business finds out you have
a tradition of filing for bankruptcy, he starts to believe you are a greater
risk than anyone who has not been in that same plight. While one credit score
does not completely tell the whole story; however, because businesses and
people have now considered your credit reliability as a measure of your dependency;
one’s ability to maintain and expand credit worthiness depends on one’s credit
score and how many bankruptcies one has been engaged. Like it or not, filing
for bankruptcy is a break of trust; no American and or business would like anyone, unable to
live up to his words, occupying the White House oval office, because of the
associated risks and overall welfare of the nation we all love.
Next,
if Mr. Trump considers tax evasion as an alternative or cushion chair which all
rich Americans take advantage of, as he retorted on that Good Morning America question
from ABC NEWS George Stephanopoulos, no one must henceforth consider the rich as
honest businessmen and women because their first choice in harnessing their
wealth is to pay the littlest or evade taxes. Intention(s) not to pay one’s tax or
refusal to share information regarding whether one paid enough taxes or not,
are actions susceptible to multiple interpretations; however, whichever one any
independent voter defaults, determines if a candidate is the ideal candidate to
support or vote for into an office. Interestingly, since Mr. Trump had proposed
as a policy the likelihood of not paying the face value of American national
debt, his past affinity for filing bankruptcies are indicators of where he
stands on the issue of reliability in settling debts and is a measurable indicator
of his recalcitrance as a loan defaulter and probably, an indicator of why no voter must consider him an honest and dependable leader.
At
a personal level, filing multiple bankruptcies have long had a negative image
problem, deserved or not. The most devastating impact on one as a private
person or business owner is that he or she is either called to pay higher
interest rates or denied further credits. Mr. Trump may consider his past
personal and business bankruptcy filings as personal or restrictively business decisions;
however, this is hardly how those who have played by the rule of the game or
the market take it. Like a bank manager, repeated bankruptcies are measure of one’s poor credit-worthiness character. How would anyone of us, like this on their epitaph; “A chronic
debtor who sought to rule America after filing multiple bankruptcies!” Would
that be a commendable legacy; or, what would passerby say? Most importantly,
what would other nations say: “America now has in the White House, a stripper
as a first lady and dead beat as a President?”
Voters
in 2016 general elections have the power and prerogative to determine what is
more important to them at the personal level; and to the nation, as a whole.
They have the power to determine the image they want the nation to carry after
Friday January 20, 2017 inauguration. Whether personal character and past
choices matter in determining, future decision and determinations? This question matters, no matter what any presidential aspirant wants America to believe.

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