Trump's tax info is out

3xh

irishblessing wrote: »

https://thehill.com/homenews/administration/518510-trump-paid-no-income-taxes-for-10-of-past-15-years-report

Breaking news today: "Newly unveiled tax information about President Trump shows he avoided paying income taxes for 10 out of 15 years leading up to the 2016 presidential election, and paid just 750 dollars in income taxes in 2016 and 2017. According to the documents unveiled by the NYT, Trump is also hundreds of millions in debt."

I have paid more than this guy in taxes in the last 15 years. Let's see how this plays out with their voters.

Two questions, OP;

1) Why now? Because of the election. It’s all political. Not about right from wrong with the media and the Democrats.

And by the way, offsetting losses against actual gains isn’t tax evasion.

2) Why refer to the last 15yrs? Because by going further back, it’ll have been shown he paid X tax beyond that period. So now it’d become ‘Trump paid income tax in 10 of the last 20 years’ or whatever. Not as sexy anymore for the media.

Don’t get sucked into their game.

Leroy42

3xh wrote: »

Two questions, OP;

1) Why now? Because of the election. It’s all political. Not about right from wrong with the media and the Democrats.

And by the way, offsetting losses against actual gains isn’t tax evasion.

2) Why refer to the last 15yrs? Because by going further back, it’ll have been shown he paid X tax beyond that period. So now it’d become ‘Trump paid income tax in 10 of the last 20 years’ or whatever. Not as sexy anymore for the media.

Don’t get sucked into their game.

Why now? Wel that I'm afraid is a problem 100% down to Trump himself. He could have released this information anyime himself over the last number of years, but refused. Good journalists good smell a story and went digging. But these types pf stories take time. TO get an in, to get the info, the verify to get it past the lawyers etc.

So not paying taxes for 10 years isn't a issue for you? You aren't even remotely interested in how a, supposedly, successful businessman, as you put it he may have been making money prior to that, suddenly went bad?

What happened? What changed? How did the change impact on him and how did he continue on without declaring bankruptcy? Who has funded his lifestyle for the last 10 years? Savings? But he owes 300m?

What this story tells us is, for the few years prior to his running for POTUS, far from being a successful businessman Trump was pretty much bankrupt and only staying afloat but massive laons from unknown sources. Doe shtat no raise any issues in your head?

And given that he isn't the successful businessman that he portrayed himself as, on what basis could you possibly think he is a viable candidate for POTUS given that that was the core attributes he said he would bring to the position.

Wanderer78

lawrencesummers wrote: »

It’s dog eat dog out there bud.

whats happens if and when theres no dogs left to eat!

Gods Gift

Wanderer78 wrote: »

whats happens if and when theres no dogs left to eat!

Bats.

Wanderer78

Gods Gift wrote: »

Bats.

yummy

Leroy42

blinding wrote: »

For all this tittle tattle about Donald Trump he is a Great President and Improving all the Time.

He has actually found the Job that suits him best and still improving = = Its all good.

His Next great Achievement will be to keep out the Antifa communist terrorists / BLM communist terrorists / bog standard communists.

America has hit the Jack-Pot.

But hasn't BLM/Antifa etc been increasing the last 4 years, under his time in office?

Do you think he didn't know about them before, didn't care or didn't know how to deal with them? Why do you think the person that has been at the top while they continued to rise is the person best placed to deal with them?

Wanderer78

blinding wrote: »

For all this tittle tattle about Donald Trump he is a Great President and Improving all the Time.

He has actually found the Job that suits him best and still improving = = Its all good.

His Next great Achievement will be to keep out the Antifa communist terrorists / BLM communist terrorists / bog standard communists.

America has hit the Jack-Pot.

fcuking hell, and you re not alone in this thinking, the world truly has become a scary place!

blinding

Leroy42 wrote: »

But hasn't BLM/Antifa etc been increasing the last 4 years, under his time in office?

Do you think he didn't know about them before, didn't care or didn't know how to deal with them? Why do you think the person that has been at the top while they continued to rise is the person best placed to deal with them?

You underestimate the Cunning of Donald Trump ~ ~ It is those described above that are going to get Donald Trump Re-Elected President for 4 More Years ! !

Wanderer78

blinding wrote: »

You underestimate the Cunning of Donald Trump ~ ~ It is those described above that are going to get Donald Trump Re-Elected President for 4 More Years ! !

theres nothing cunning about him, hes a perfect conman

ZeroThreat

Junkyard Tom wrote: »

And his fans will applaud him while they drown in debt and their children will be poorer than them.

Trumpism in general reminds me of a particular dialogue sequence from a well known film

'Fear and wonder, a powerful combination.

You really think people are going to be seduced by that?

I think he knows what Rome is. Rome is the mob. Conjure magic for them and they'll be distracted. Take away their freedom and still they'll roar. The beating heart of Rome is not the marble of the senate, it's the sand of the coliseum. He'll bring them death - and they will love him for it.'

Leroy42

blinding wrote: »

You underestimate the Cunning of Donald Trump ~ ~ It is those described above that are going to get Donald Trump Re-Elected President for 4 More Years ! !

Right, so your theory is that Trump has actively encouraged these groups to rise up so that, when he gets re-elected, he can sor tthem out?

1) why not sort them out when he is already POTUS?
2) Why is he allowing these dangers to the US continue to grow when it clearly has negative impact son the US? According to you, he is actively putting people and property at risk to help his own re-election
3) what policies has he stated he wil pursue to stop them, and why hasn't he done these already

IAmTheReign

Draven Gorgeous Mission wrote: »

Say wha, who's man, yo' man?

Name a successful businessman (or woman) that hasn't used tax optimsation techniques, or experienced a hiccup or twelve.

That chap Branson is often held up as a glimmering light of business leadership isn't he?.... 2020: Virgin Australia filed for “administration” — a form of bankruptcy …EPA Virgin Atlantic has filed for bankruptcy protection in the US/NY

Virgin Cola: Gone Flat.
Virgin Brides: Big Busts.
Virgin Clothing: Unclothed, with naked losses
Virgin Vodka: Swallowed and sank
Virgin Cars: Driven down.
Virgin Vie: £21m write off.
Virgin Megastore: Doors closed on this.
Virgin Digital: A digital dud.

“My mother drummed into me from an early age that I should not spend much time regretting the past. I try to bring that discipline to my business career. Over the years, my team and I have not let mistakes, failures or mishaps get us down. Instead, even when a venture has failed, we try to look for opportunities, to see whether we can capitalise on another gap in the market.” RB.

Yeah Richard Branson and Trump are basically the same person. :pac:

Branson is a self made man, who started out as a squatting in the 60s and publishing his own magazine and ended up founding a company that now employs 71,000 people worldwide and has a personal net worth today of 4.2 billion dollars.

"I suppose the secret to bouncing back is not only to be unafraid of failures but to use them as motivational and learning tools. ... There's nothing wrong with making mistakes as long as you don't make the same ones over and over again."

A lesson Trump could probably have done with learning a few decades ago!

3xh

Leroy42 wrote: »

Why now? Wel that I'm afraid is a problem 100% down to Trump himself. He could have released this information anyime himself over the last number of years, but refused. Good journalists good smell a story and went digging. But these types pf stories take time. TO get an in, to get the info, the verify to get it past the lawyers etc.

So not paying taxes for 10 years isn't a issue for you? You aren't even remotely interested in how a, supposedly, successful businessman, as you put it he may have been making money prior to that, suddenly went bad?

What happened? What changed? How did the change impact on him and how did he continue on without declaring bankruptcy? Who has funded his lifestyle for the last 10 years? Savings? But he owes 300m?

What this story tells us is, for the few years prior to his running for POTUS, far from being a successful businessman Trump was pretty much bankrupt and only staying afloat but massive laons from unknown sources. Doe shtat no raise any issues in your head?

And given that he isn't the successful businessman that he portrayed himself as, on what basis could you possibly think he is a viable candidate for POTUS given that that was the core attributes he said he would bring to the position.

Well, his argument is that his returns are being audited. It’s actually common enough to argue with your national revenue office over the validity of a claim/rebate etc. and whether it applies to you.
You can be sure, when it comes to millions and billions and people like Trump who love every dime, they’ll fight it out for many years if they can. Even if it’s related to just one return as it can affect subsequent years.

I agree. Good journos are important. Like the Panama Papers type investigation. Yet whatever happened to that and the named individuals?
If Trump’s returns are still being audited, it’s unethical for journalist to release part info like that 2 months before an election. It’s obvious it was done politically.

Not paying tax for 10 years is an issue for me, if by paying no tax, tax evasion was used. Tax avoidance is different. You claim medical bills? Joint assessment perhaps with your spouse? Flat rate expenses? All legal.
But for whatever reason, it seems the richer you are, the more friends you have who are able to help you around particular tax issues. Democrats benefit from the same ‘problem’. Be sure of it.
The problem is the system. You know, that Obama presided over when Trump was ‘avoiding’ these taxes.

I can’t answer the paragraph about the $300m, tbh. No one can. It’s too personal to Trump’s own financials. We don’t know.

The fourth paragraph; yeah, it’d be interesting to know. Again, these rich people are so rich, they could be effectively in debt/insolvent/broke but still can fund the private jet, access to corporate lunches etc. That’s the circle they move in. It was the way during Obama’s term and Clinton’s too. I’m not getting the Trump connection here.

You don’t need to be a successful businessperson (how is that defined?) to be POTUS. He used it as a reason to be voted in, yes. But he also said he’d break up the cosy ‘swamp’ in DC. Perhaps not 100% successful on that but he sure made inroads. He’s not beholden to the usual backers and hangers-on of DC and they hate that.

HerrKuehn

3xh wrote: »

If Trump’s returns are still being audited, it’s unethical for journalist to release part info like that 2 months before an election. It’s obvious it was done politically.

Would you say it is less/more politically motivated than Hillary's emails during the last election?

Leroy42

3xh wrote: »

Well, his argument is that his returns are being audited. It’s actually common enough to argue with your national revenue office over the validity of a claim/rebate etc. and whether it applies to you.
You can be sure, when it comes to millions and billions and people like Trump who love every dime, they’ll fight it out for many years if they can. Even if it’s related to just one return as it can affect subsequent years.

I agree. Good journos are important. Like the Panama Papers type investigation. Yet whatever happened to that and the named individuals?
If Trump’s returns are still being audited, it’s unethical for journalist to release part info like that 2 months before an election. It’s obvious it was done politically.

Not paying tax for 10 years is an issue for me, if by paying no tax, tax evasion was used. Tax avoidance is different. You claim medical bills? Joint assessment perhaps with your spouse? Flat rate expenses? All legal.
But for whatever reason, it seems the richer you are, the more friends you have who are able to help you around particular tax issues. Democrats benefit from the same ‘problem’. Be sure of it.
The problem is the system. You know, that Obama presided over when Trump was ‘avoiding’ these taxes.

I can’t answer the paragraph about the $300m, tbh. No one can. It’s too personal to Trump’s own financials. We don’t know.

The fourth paragraph; yeah, it’d be interesting to know. Again, these rich people are so rich, they could be effectively in debt/insolvent/broke but still can fund the private jet, access to corporate lunches etc. That’s the circle they move in. It was the way during Obama’s term and Clinton’s too. I’m not getting the Trump connection here.

You don’t need to be a successful businessperson (how is that defined?) to be POTUS. He used it as a reason to be voted in, yes. But he also said he’d break up the cosy ‘swamp’ in DC. Perhaps not 100% successful on that but he sure made inroads. He’s not beholden to the usual backers and hangers-on of DC and they hate that.

Can you cite the law that says that while his returns are being audited that Trump cannot release them to the public?

In terms of draining the swamp, can you give any examples of the draining that he has done?

3xh

HerrKuehn wrote: »

Would you say it is less/more politically motivated than Hillary's emails during the last election?

I’d say it’s the same. Hence my point; don’t get sucked into it like you are. It’s all political.

Whatever happened those emails anyway?

Wanderer78

3xh wrote: »

I’d say it’s the same. Hence my point; don’t get sucked into it like you are. It’s all political.

Whatever happened those emails anyway?

its all political! what are we actually talking about here, i wonder?

OMM 0000

"Rich person avoids paying tax" shocker.

And most interesting:

"When someone hands us information on people we don't like, we consider it a good deed, but when someone hands people we don't like information on us, we pretend it's the Russians and we destroy our country". Such ****ing hypocrites.

3xh

Leroy42 wrote: »

Can you cite the law that says that while his returns are being audited that Trump cannot release them to the public?

There is no law. But his point, (I guess, as would anyone else as we don’t know) is that if it’s being disputed, what exactly is he releasing? Incomplete and erroneous figures, I’d have thought?

Leroy42

3xh wrote: »

I’d say it’s the same. Hence my point; don’t get sucked into it like you are. It’s all political.

Whatever happened those emails anyway?

They were investigated and nothing of a serious nature was found. It was then quietly dropped by Trump as he wasn't worried about the secrets of the state, he used it solely to get himself elected.

Again, the timing is 100% down to Trump. He could have released these himself, he could do it today if he wished. He has been asked multiple times over the last 4 years but refused each time. So the clock kept ticking towards the election and he decided to bluff it out again in the hope that nobody would uncover the story.

His gamble failed and some journalists finally got to the story. His continued court cases show that he was doing everything he could to delay it as long as possible.

Nobody to blame for this expect Trump himself.

lawrencesummers

Leroy42 wrote: »

No, I am merely commenting that you continue to state that you are not a Trump supporter yet seemingly support his way of thinking. What I do is irrelevant, I do not put myself out as a person that can solve the ills of a country because of my amazing business background.

I do not stand up and declare that socialist what everyone else to pay for everything, whilst at the same time doing that exact thing myself.

And your somehow equating my agreement on two topics with complete support of him?

Leroy42

3xh wrote: »

There is no law. But his point, (I guess, as would anyone else as we don’t know) is that if it’s being disputed, what exactly is he releasing? Incomplete and erroneous figures, I’d have thought?

So there is actually nothing stopping him, except himself, from releasing them.

People submit tax returns all the time which are subject to review and argument and even court cases and a decision is made. Doesn't mean the figures are wrong, just a different interpretation of tax law.

But what people wanted to see was how much he was actually worth and how much taxes his was paying.

Leroy42

lawrencesummers wrote: »

And your somehow equating my agreement on two topics with complete support of him?

You. Again, maybe my posts are not clear enough. I merely pointed out that as someone who doesn't support the man, his thinking on both military service and payment of taxes line up very neatly with you own.

Given that, particular in the US, these are two very substantial issues, I would like to see what areas you do disagree with him on as these two would point to you being at least favourable to him.

listermint

One thing interesting to note is the farms of enablers across social media died down for a decent portion of the last 12 months, However with the impending election you can see them spinning up in earnest.

Just as with brexit you can go on to any social platform and see that its now a dead subject for the same 'farm' as its a done deal passed with.

Follow the language style, follow the talking points dumps. Easily spotted.

Wanderer78

listermint wrote: »

One thing interesting to note is the farms of enablers across social media died down for a decent portion of the last 12 months, However with the impending election you can see them spinning up in earnest.

Just as with brexit you can go on to any social platform and see that its now a dead subject for the same 'farm' as its a done deal passed with.

Follow the language style, follow the talking points dumps. Easily spotted.

thank god, i only stick to boards

lawrencesummers

Wanderer78 wrote: »

whats happens if and when theres no dogs left to eat!

There there is only one, who is forced into veganism unless he learns how to catch cats or go shopping.

Wanderer78

lawrencesummers wrote: »

There there is only one, who is forced into veganism unless he learns how to catch cats or go shopping.

we cant keep driving on with this tax avoidance, particularly from plutocratic elements of society, its clearly leading to severe civil unrest

listermint

OMM 0000 wrote: »

"Rich person avoids paying tax" shocker.

And most interesting:

"When someone hands us information on people we don't like, we consider it a good deed, but when someone hands people we don't like information on us, we pretend it's the Russians and we destroy our country". Such ****ing hypocrites.

If this is what you took from the story then you are not as smart as you think you are.

OMM 0000

listermint wrote: »

If this is what you took from the story then you are not as smart as you think you are.

Any chance to insult someone who doesn't have the same opinion as you.

Stop being an extremist.

mcmoustache

OMM 0000 wrote: »

"Rich person avoids paying tax" shocker.

That's just one headline.

The important part is that far from being a billionaire and a smart businessman as he is often described here, the man is broke with loans of up to 400bn coming due in the next few years.

The dodgy stuff was expected - the man has criminality bleeding out his whatever. What was less expected was confirmation that the smart businessman thing he had going was all fake.