US President Joe Biden calls Donald Trump ‘unhinged’
President Joe Biden on Saturday called Donald Trump ‘clearly unhinged’ and claimed that ‘something snapped’ in the former president after he lost the 2020 election, CNN reported.
“It’s clear that ... when he lost in 2020, something snapped in him,” Biden told supporters in Seattle at a private fundraiser on Saturday, according to reporters in the room. “He’s not only obsessed with losing in 2020, he’s clearly unhinged. Just listen to what he’s telling people.”
Even though Biden thinks the presumptive GOP presidential nominee is ‘unhinged’, he said he believes the November election will be ‘ close’. “We feel good about the state of the race, but we know the race is close,” Biden said, pointing to recent polls.
Trump continues to hold an advantage over Biden, according to a CNN poll conducted by SSRS last month. Trump’s support in the poll among registered voters held steady at 49 per cent in a head-to-head matchup against Biden, the same as in CNN’S last national poll on the race in January, while Biden’s stood at 43 per cent, not significantly different from January’s 45 per cent.
As Trump has spent much of recent weeks in a Manhattan courtroom amid his hush money trial, Biden has kept a robust schedule of policy speeches and campaign events, finding plenty of ways to needle the former president, CNN reported.
It’s clear that ... when he lost in 2020, something snapped in him. He’s not only obsessed with losing in 2020, he’s clearly unhinged. Just listen to what he’s telling people JOE BIDEN
“By the way, remember when he was trying to deal with COVID, he said just inject a little bleach in your veins?” Biden told a crowd of builders last month. “He missed. It all went to his hair.” Saturday’s Washington state fundraiser was held at the home of former Microsoft executive Jon Shirley, who introduced the president. As
Biden was concluding his remarks, he told donors: “I’ll try my best not to disappoint you.”
Trump’s audit case
Meanwhile, the New York Times reported that Trump could owe more than Us$100mn in taxes if he loses years-long Internal Revenue Service (IRS) inquiry into his claims of huge losses on his Chicago skyscraper.
According to an Internal Revenue Service inquiry uncovered by The New York Times and Propublica, Trump used a ‘dubious accounting manoeuvre’ to claim improper tax breaks from his troubled Chicago tower.
The 92-storey, glass-sheathed skyscraper along the Chicago River is the tallest and, the last major construction project by Trump. But when Trump sought to reap tax benefits from his losses, the IRS has argued, he went too far and, in effect, wrote off the same losses twice.
The first write-off came on
Trump’s tax return for 2008. With sales lagging far behind projections, he claimed that his investment in the condo-hotel tower met the tax code definition of ‘worthless’, because his debt on the project meant he would never see a profit.
That move resulted in Trump reporting losses as high as Us$651mn for the year, the report stated.
But in 2010, Trump and his tax advisers sought to extract further benefits from the Chicago project, executing a manoeuvre that would draw years of inquiry from the IRS.