AMONG the revelations of the recent New York Times (NYT) exposé on the tax records of United States President Donald Trump is that in 2017 (and 2016 as well) he paid the US federal government a measly $750 in income taxes.
That’s loose change compared to the $156,824 he paid the Philippines in taxes that year for his income from licensing fees for the Trump Tower at Century City. What does that tell us?
For me, it’s quite obvious that Trump feared, or respected, our Bureau of Internal Revenue (BIR) more than he did the US’ supposedly super-strict, beyond-corruption Internal Revenue Service (IRS). Contrary to what the Yellows have been saying, we have a tighter rule of law than the US.
Yet US and Western media cannot help twisting this revelation in order to put down President Rodrigo Duterte, revealing their deep bias against him and our country.
The NYT article described Trump’s licensing income as coming from “deals in countries with authoritarian-leaders or thorny geopolitics – for example $3 million from the Philippines, $2.3 million from India and $1 million form Turkey.”
This is patently false: the $3-million brand-licensing deal with the Trump Tower Manila was inked in 2012 during Benigno Aquino 3rd’s administration although the actual payment and taxes was made in 2017 during Duterte’s watch.(more…)