The Indonesia Post – China has always been a ‘scapegoat’ in the eyes of the President of the United States (US). Always get blamed. For almost everything. Trump is also the voice of the trade war. Accusing China of spying on the US. Blaming China for the spread of the corona virus, by calling the term “Kung Flu”, calling his opponent in the presidential election Joe Biden a weak figure in China’s eyes, and accusing Hunter-Biden’s children-of doing business with China. And much more.
But all that is now reversed. The New York Times revealed that it was Trump who was known to have accounts and a number of businesses in China. The account is controlled by Trump International Hotels. The bank account in China was used to pay taxes totaling US $ 188,561 or Rp2.7 billion.
Not only that, from the tax records revealed by the New York Times, Trump is known to have invested around IDR 2.8 billion in five small companies. Yang was specially set up to pursue business projects in China for several years. The five companies are known to have submitted expenditures of at least US $ 1.4 billion for businesses since 2010. Including minor expenses for accounting cost tax in 2018.
All Trump tax information revealed by the New York Times has been rebutted by Trump Organization Attorney Alan Garten. He said the account was not opened in China. But a Chinese bank with offices in the US. Its purpose is only to pay local taxes. “To explore the potential of hotel deals in Asia,” he said as quoted by the New York Times.
“No agreements, transactions, or other business activities have ever materialized and, since 2015, the office remains inactive. Even though bank accounts remain open, they have never been used for other purposes,” he explained.
Trump’s lawyers have indeed denied all this information. However, the issue continues to roll like a snowball as it approaches the peak of the US presidential election. No one knows whether the information about Trump’s tax footprint revealed by the New York Times will affect the race for the presidency, no one knows. Let’s just wait for the reaction of the US public, which will elect a new president in early November. Will Biden, who has been attacked by pro-China issues, be elected? Or is it Donald Trump who will be re-elected – even though his tax footprint is already known? (mhn)
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