Someone leaked Trump's 1995 tax returns

[Anonymous]

Anonymous wrote:Hillary's campaign did this therefore she will need to drop out like watergate

Doubt it sincerely. But there's a decent chance that Trump leaked his wife's nude photos. Klassy.

[Anonymous]

Anonymous wrote:He used the tax laws on the books to his benefit.

I do it all the time too. Good for him!

I do it also .... it has nothing to do with being a liberal or conservative.

If there are laws that enable a person to minimize taxes most people with an iota of commonsense would do it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's really hard to see where Hillary and Trump(i.e. rich business or rich Wall Street type) are that seperate. Hillary passes the laws that allow the Trumps/wall streeters to avoid paying taxes who give money back to the politicians like Hillary Clinton.
The only difference with this election is they are running against each other.

The laws in question were in effect in the 90's - long before Hillary was a legislator.

Jan 20 1993 - Jan 20 2001

President Bill Clinton’s signing statement for the GLBA summarized the established argument for repealing Glass–Steagall Section’s 20 and 32 in stating that this change, and the GLBA’s amendments to the Bank Holding Company Act, would “enhance the stability of our financial services system” by permitting financial firms to “diversify their product offerings and thus their sources of revenue” and make financial firms “better equipped to compete in global financial markets.”

[Anonymous]

I get the argument that people try to use all legal means to bring down their tax burden, but imagine for a moment what it would feel like to living an incredibly opulent (though vulgar) lifestyle while contributing NOTHING to the national defense, veterans, medical research via the NIH, etc.? And it's not like Trump made up for with generous giving at all! Really-think how that would feel. Does it feel like-'I'm a winner and should be president'? It does to Trump.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Hillary's crony wall street backers crashed the market and got the taxpayer bailout.

Trump and his investors lost a lot of their own money in 90s. He didn't take a dime from the taxpayer. If the report is true, that just means he claimed losses what is allowed by our tax code LEGALLY.

Taxpayer bailout was designed by Bush.

And the financial crisis started in 2007, which precipitated the bailout, happened under the Bush administration, and to which Trump said he was happy about so he could make money off of the real estate crash.

It was the Democratic congress that wanted everyone to be "equal" - and that meant houses for everyone, even the people earning $25k a year. Enter, subprime loans, which allowed people to buy a $400k townhouse on an income of $20k. It was the root cause of the recession.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:1. Buffett advocates for higher taxes; Trump brags about paying no taxes.

2. Trump wants to remove the remaining taxes likely to hit him in his lifetime, i.e. estate taxes.

3. Trump is definitely a tax dodger on his foundation account. He might be doing other, shadier things to dodge taxes. so in addition to this, there could be more - like illegal offshore accounts such as the ones created by UBS.

4. Trump has repeatedly shamed others, including Barack Obama, for not paying enough in taxes. So he's a hypocrite. The list is long and the tweets are many.

Citation?

I have never heard Trump say it about Obama.

It's true. Tip: you can google it.

I did and could not find it about Obama specifically. You made it up!

Really? I googled "trump Obama taxes" and this was the first link that came up. Check your spelling next time!

https://www.google.com/amp/s/medium.com/amp/p/75b500ea4f45

Awkward is a generous way to put it!

[Anonymous]

Anonymous wrote:I get the argument that people try to use all legal means to bring down their tax burden, but imagine for a moment what it would feel like to living an incredibly opulent (though vulgar) lifestyle while contributing NOTHING to the national defense, veterans, medical research via the NIH, etc.? And it's not like Trump made up for with generous giving at all! Really-think how that would feel. Does it feel like-'I'm a winner and should be president'? It does to Trump.

Uhhh, half the country doesn't pay any income taxes. Enough is enough. Time for the lower half to put some skin in the game ALSO.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:1. Buffett advocates for higher taxes; Trump brags about paying no taxes.

2. Trump wants to remove the remaining taxes likely to hit him in his lifetime, i.e. estate taxes.

3. Trump is definitely a tax dodger on his foundation account. He might be doing other, shadier things to dodge taxes. so in addition to this, there could be more - like illegal offshore accounts such as the ones created by UBS.

4. Trump has repeatedly shamed others, including Barack Obama, for not paying enough in taxes. So he's a hypocrite. The list is long and the tweets are many.

Citation?

I have never heard Trump say it about Obama.

It's true. Tip: you can google it.

I did and could not find it about Obama specifically. You made it up!

Really? I googled "trump Obama taxes" and this was the first link that came up. Check your spelling next time!

https://www.google.com/amp/s/medium.com/amp/p/75b500ea4f45

Awkward is a generous way to put it!

How can you blame PP? Was it on Breitbart?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I get the argument that people try to use all legal means to bring down their tax burden, but imagine for a moment what it would feel like to living an incredibly opulent (though vulgar) lifestyle while contributing NOTHING to the national defense, veterans, medical research via the NIH, etc.? And it's not like Trump made up for with generous giving at all! Really-think how that would feel. Does it feel like-'I'm a winner and should be president'? It does to Trump.

Uhhh, half the country doesn't pay any income taxes. Enough is enough. Time for the lower half to put some skin in the game ALSO.

They pay proportionately more in most every other kind of taxes. Who doesn't know this stuff past tenth grade?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I get the argument that people try to use all legal means to bring down their tax burden, but imagine for a moment what it would feel like to living an incredibly opulent (though vulgar) lifestyle while contributing NOTHING to the national defense, veterans, medical research via the NIH, etc.? And it's not like Trump made up for with generous giving at all! Really-think how that would feel. Does it feel like-'I'm a winner and should be president'? It does to Trump.

Uhhh, half the country doesn't pay any income taxes. Enough is enough. Time for the lower half to put some skin in the game ALSO.

They pay proportionately more in most every other kind of taxes. Who doesn't know this stuff past tenth grade?

Lots of people, unfortunately. That is part of the problem.

[Anonymous]

Anonymous wrote:I get the argument that people try to use all legal means to bring down their tax burden, but imagine for a moment what it would feel like to living an incredibly opulent (though vulgar) lifestyle while contributing NOTHING to the national defense, veterans, medical research via the NIH, etc.? And it's not like Trump made up for with generous giving at all! Really-think how that would feel. Does it feel like-'I'm a winner and should be president'? It does to Trump.

There are three aspects to what you say:

Is there a moral obligation to pay taxes to meet common obligations. I would say there is but then the obligation is on the the government to pass legislation to ensure that EVERYONE other than the very poor pay a minimum percentage of their income. Yes, this includes much of the so called 47% who don't pay anything because they also have a moral obligation that is commensurate with income.

Then there is the issue of whether this reflects on Trump's business acumen. It is a fair question but I am not sure we have enough information to come to a conclusion on this because of the bankruptcy of his casinos which is where most of the losses emanated.

Finally, how much should a person donate to charity if they are in a position to do so?

I say all of the above as a liberal who does everything I can to pay as little in taxes as I can legally. There have been years I have paid little or nothing in taxes despite having a decent family income. Do I feel guilty about this? Not in the slightest. I think the waste in government in everything ranging from defense to welfare to taking care of special interests is obscene. And both liberals and conservatives are to blame for this. Remember the old adage: there has never been a defense program that Republicans don't like and there has never been a social program that Democrats don't like. Both sides THROW money at these programs because they think that more funding solves problems. And then you have legislators from both parties who raid the coffers to help special interests.

So, I am fine with anyone wanting to use the tax laws to avoid paying taxes: if we want to change things then we need to elect the right people in Congress and to the presidency. Neither Hillary nor Trump will do squat to deal with these inequities except to the extent that it will help their own constituencies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I get the argument that people try to use all legal means to bring down their tax burden, but imagine for a moment what it would feel like to living an incredibly opulent (though vulgar) lifestyle while contributing NOTHING to the national defense, veterans, medical research via the NIH, etc.? And it's not like Trump made up for with generous giving at all! Really-think how that would feel. Does it feel like-'I'm a winner and should be president'? It does to Trump.

Uhhh, half the country doesn't pay any income taxes. Enough is enough. Time for the lower half to put some skin in the game ALSO.

lol.. Trump should tweet this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I get the argument that people try to use all legal means to bring down their tax burden, but imagine for a moment what it would feel like to living an incredibly opulent (though vulgar) lifestyle while contributing NOTHING to the national defense, veterans, medical research via the NIH, etc.? And it's not like Trump made up for with generous giving at all! Really-think how that would feel. Does it feel like-'I'm a winner and should be president'? It does to Trump.

There are three aspects to what you say:

Is there a moral obligation to pay taxes to meet common obligations. I would say there is but then the obligation is on the the government to pass legislation to ensure that EVERYONE other than the very poor pay a minimum percentage of their income. Yes, this includes much of the so called 47% who don't pay anything because they also have a moral obligation that is commensurate with income.

Then there is the issue of whether this reflects on Trump's business acumen. It is a fair question but I am not sure we have enough information to come to a conclusion on this because of the bankruptcy of his casinos which is where most of the losses emanated.

Finally, how much should a person donate to charity if they are in a position to do so?

I say all of the above as a liberal who does everything I can to pay as little in taxes as I can legally. There have been years I have paid little or nothing in taxes despite having a decent family income. Do I feel guilty about this? Not in the slightest. I think the waste in government in everything ranging from defense to welfare to taking care of special interests is obscene. And both liberals and conservatives are to blame for this. Remember the old adage: there has never been a defense program that Republicans don't like and there has never been a social program that Democrats don't like. Both sides THROW money at these programs because they think that more funding solves problems. And then you have legislators from both parties who raid the coffers to help special interests.

So, I am fine with anyone wanting to use the tax laws to avoid paying taxes: if we want to change things then we need to elect the right people in Congress and to the presidency. Neither Hillary nor Trump will do squat to deal with these inequities except to the extent that it will help their own constituencies.

Are you also a billionaire who donates virtually nothing to charity and stiffs small businesses and has repeatedly criticized others for paying little federal income tax? If the answer is yes to all of these, have you also decided to run for president?

[Anonymous]

Anonymous wrote:1995 ?

You're really reaching.

Says the contortionist.

[Anonymous]

Anonymous wrote:

Anonymous wrote:1995 ?

You're really reaching.

Says the contortionist.

If he released his taxes, we could talk 2015...but he won't.