How much did Trump pay Stormy Daniels? Internet furious 'he paid her 173 times more' than he did in taxes
In a bombshell article, The New York Times reported that President Donald Trump paid only $750 in federal income taxes in 2016, the year he won the presidency and another $750 during his first year in office. The report also alleges that he paid no income taxes at all in 10 of the previous 15 years, because he reported “losing much more money than he made.” The NYT claims that they have obtained tax return data spanning two decades.
Their investigation found that even though Trump declared losses, he continued to have a luxurious lifestyle by withholding taxes on what could be considered personal expenses, including declaring his estates as investment properties and writing off aircraft travel between his properties as business expenses. In the middle of this report, people's attention have been taken back to the Stormy Daniels- Trump scandal.
According to the report, the data analyzed by NYT has no new revelations about the $130,000 payment to Stephanie Clifford, who goes by the name Stormy Daniels. It was the focus of the Manhattan district attorney’s subpoena for Trump’s tax returns and other financial information. POTUS had acknowledged compensating his former lawyer, Michael D Cohen, who made the alleged payoff, but the documents obtained by the NYT did not contain any details of payments made to Cohen. The report alleges that it could have been incorrectly included as legal fees and written off as a business expense, which is not required to be listed on tax returns.
According to an August 2020 report by The Guardian, a California judge asked Trump to pay Daniels $44,100, to compensate her legal fees in the battle over her non-disclosure agreement (NDA) with the president. Daniels had alleged that she had an affair with POTUS in 2006 to 2007. Trump has denied these allegations. In 2018, Daniels sued in order to be released from an NDA she signed with Trump’s former personal attorney Cohen, 11 days before the 2016 election. The lawsuit was dismissed as the agreement was considered unenforceable.
With the NYT report taking Twitter by storm, Daniels's payout became a talking point once more. Actor George Takei wrote: “Fun fact: In 2016, Trump paid Stormy Daniels more than 173x what he paid the federal government in income taxes.” Another commented, “The President paid more to Stormy Daniels than he did in taxes. Hear that Evangelicals?” One user said, “Stormy Daniels has received more money from Donald Trump than the United States has.” A user said, “If Trump paid $130,000 to keep Stormy Daniels quiet then he needs to pay the rest of us that to keep quiet too.” One concurred, “I think what’s interesting is in 2016 he paid Stormy Daniels $130,000 and paid the IRS $750.”
Fun fact: In 2016, Trump paid Stormy Daniels more than 173x what he paid the federal government in income taxes.
— George Takei (@GeorgeTakei) September 27, 2020
Stormy Daniels has received more money from Donald Trump than the United States has.
— Scorch the Earth 🔥 (@sthrnandgay) September 27, 2020
The President paid more to Stormy Daniels than he did in taxes. Hear that Evangelicals?
— Kimberly (@Jayekanan) September 28, 2020
If Trump paid $130,000 to keep Stormy Daniels quiet then he needs to pay the rest of us that to keep quiet too.
— Secret Agent Number Six (@DesignationSix) September 28, 2020
I think what’s interesting is in 2016 he paid Stormy Daniels $130,000 and paid the IRS $750.
— John Patrick (@ItsJPQ) September 28, 2020
One user claimed, “I’ve said it all along! I wish the U.S. Treasury had gotten from Trump what Stormy Daniels did.” A user questioned, “Is hush money considered a business expense? Was Stormy Daniels listed as a consultant? Is hush money taxable?” One user alleged, “Trump paid more to Bribe Stormy Daniels for her silence than he has in taxes in the last 16 years. how anyone can vote for this criminal makes 0 sense. Trump cult voters have lost all sense of reason, dignity and sense.”
I’ve said it all along!
— Chicago Tim (@iTebowCHI) September 28, 2020
I wish the U.S. Treasury had gotten from Trump what Stormy Daniels did.
Is hush money considered a business expense? Was Stormy Daniels listed as a consultant? Is hush money taxable?
— Steven Arthur, RN (@StevenKArthur) September 28, 2020
Trump paid more to Bribe Stormy Daniels for her silence than he has in taxes in the last 16 years. how anyone can vote for this criminal makes 0 sense. Trump cult voters have lost all sense of reason, dignity and sense.
— U wot m8 (@VurtDaFurkMan) September 28, 2020
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