As a result, the paper is reduced to mocking Trump where they think it hurts him most — by pointing out that he’s not as rich or as ‘smart’ as he says he is. Most of his business empire runs at a loss — ha ha! That line of attack gives satisfaction to media people who now hate Trump for a living. But do voters really care?
It’s arguable that such disclosures remind voters that the man in the White House is an if-not-fraudulent-at-least-somewhat-deceptive billionaire. Many voters would prefer a president with a more virtuous business past. That might be why Trump has been so reluctant to publish his tax returns. Then again, Mitt Romney never excited the electorate in the way Trump does. And Trump’s ability to elude the IRS without apparently breaking the law plays well with many Americans. I remember asking an American in 2016 if he didn’t think Trump was a bit of a gangster. ‘Oh yeah, but these guys in Washington are 25-cent gangsters,’ he replied. ‘Trump is the whole dollar!’
The Trump tax saga is really just another example of the way in which the anti-Trump media defeats itself. If let’s say the New York Times and other organs had never mentioned Trump’s tax returns; or had not run earlier ‘bombshell’ weekend stories about his tax filings that promised a lot more than they delivered — then a big Trump story might now make more waves. As it is Trump can just call it ‘fake news’ and the cycle moves on. Maybe Joe Biden will stumble onto a zinger line on Tuesday about Trump either being a hopeless businessman or a crook or probably both. Otherwise, the story will just fade away.