Commentary: Who cares if US President Donald Trump pays only US$750 in taxes?

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On the back of news of Trump's tax returns last week, NUS Business School Professor Simon Poh discusses why paying taxes matter.

On the one hand, there are US voters who will not be bothered about how much Mr Trump or other candidates in the race for the top job pay in taxes.

As long as these basic needs are well looked after, this group of voters care little about the the president’s background, let alone what how much taxes he pays. On the other hand, there is another group of voters who view the personality and integrity of the presidential candidate to be of paramount importance. The US president as head of state should have exemplary conduct and character.

This group may be a huge number that could swing the election, when two of three Americans polled in a Reuters/Ipsos public opinion poll in July said they want to see his income taxes, with half believing he is withholding them to hide incriminating evidence, significant financial losses or because they doesn’t pay them.

President Donald Turmp supporters gather outside Walter Reed National Military Medical Center in Bethesda, Md., Sunday, Oct. 4, 2020. Trump was admitted to the hospital after contracting COVID-19. And when news that an individual paid a miniscule amount in taxes – and less than the taxes a US worker earning an average gross income of US$20,000 does - people may feel as if a sense of fairness has been violated.

 

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Mentioning about his $1 salary might embarrass some million dollars ministers

Suggest NUS Business School Professor Simon Poh discusses why singapore ministers and Temasek CEO paying taxes matter.😂😂😂😂

A lot of us want to know who he owes over 400,000,000 dollars to?

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