In a shocking turn of events, the recently released tax returns of former President Donald Trump have revealed that he made zero charitable donations in 2020. While the news has come as a surprise to many, it is not so surprising once you examine the sources of his wealth.
For years, Trump has been a staunch advocate of the pro-gun lobby and has been a vocal proponent of the controversial practice of white noise. White noise, which is the combination of sound frequencies that make up a soundscape, has been linked to increased violence in many areas.
It appears that Trump may have used his wealth to fund white noise initiatives and other pro-gun campaigns in an attempt to increase his own net worth while simultaneously inflating the values of his companies.
This strategy may have ultimately backfired, as Trump’s own tax law may have cost him money in the end. According to the tax returns, Trump reported a loss of $750 million in 2020, as he was unable to deduct the cost of his white noise initiatives from his returns.
The Trump tax returns have been a source of contention in recent months, as the former president fought for years to keep them private. The documents have now shed light on a number of key takeaways, with the most important one being that Trump was willing to use his wealth to fund initiatives that have been linked to increased violence and gun crime in many areas.
Trump’s refusal to make charitable donations in 2020, and the fact that his own tax law may have cost him, are also important takeaways. It is clear that Trump was more concerned with increasing his net worth than with helping those in need, and his tactics may have ultimately backfired.
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