Someone leaked Trump's 1995 tax returns

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Who could have leaked them? We know that the liberals at the IRS "do what it takes" to get the Democrat elected. Could it have been a Lois Lerner type?

Unlikely since the forms leaked were state tax forms, not federal.

The papers were mailed with a return address of the Trump Tower in NY. Trump or a family member leaked them, or a disgruntled employee. It's hard to guess which is more or less likely.

I was wondering if he had a different accountant back then, and whether they had been paid.....

It's really unlikely someone in the IRS will leak federal forms- whoever did so would get in a lot of trouble, and the IRS can track who even viewed an individual's form. So it would be difficult to get away with it.

[Anonymous]

Anonymous wrote:It's funny to watch the liberals and the liberal media get in a frenzy over this. Nobody voting for him cares.

So you've talked to hundreds of people in the rust belt already? The journalists who have and who have reported on it would likely disagree.

I know my family members who were on the fence were strongly swayed by this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's funny to watch the liberals and the liberal media get in a frenzy over this. Nobody voting for him cares.

Undecideds care.

It's funny how the same group that whined about how half the country paid no taxes is now calling Trump a genius for joining their ranks.

I do agree undecideds may care, but I don't know how many truly undecideds are left. Core Trump supporters won't care, it's more evidence he's a "genius" and they probably hope he will help them get rich and write off their tax burden as well.

[Anonymous]

No one should care.

NOLs are basic non-partisan fundamental tax policy that reflects economic reality. They are not loopholes. They involve no trickery. They are a cornerstone of ALL income tax systems worldwide.

Further, no one has ANY idea how that 912 million dollar loss was adjusted in subsequent years. It may we'll be that subsequent events lessened that loss. Do you know if amended returns were filed?

Really, the only thing this thread (and related threads) have shown is that the "highly educated and very smart DCUM audience has no idea how taxes work. At all. And really shouldn't be commenting on it at all.

For the record, I am not a Trump supporter in any sense. I will not vote for him. I will not advocate for anything that joke says. But if you are going to go on the attack, please do so based on solid policy grounds. Not some knee jerk reaction to something you don't understand.

[Anonymous]

Anonymous wrote:No one should care.

NOLs are basic non-partisan fundamental tax policy that reflects economic reality. They are not loopholes. They involve no trickery. They are a cornerstone of ALL income tax systems worldwide.

Further, no one has ANY idea how that 912 million dollar loss was adjusted in subsequent years. It may we'll be that subsequent events lessened that loss. Do you know if amended returns were filed?

Really, the only thing this thread (and related threads) have shown is that the "highly educated and very smart DCUM audience has no idea how taxes work. At all. And really shouldn't be commenting on it at all.

For the record, I am not a Trump supporter in any sense. I will not vote for him. I will not advocate for anything that joke says. But if you are going to go on the attack, please do so based on solid policy grounds. Not some knee jerk reaction to something you don't understand.

And once again, the issue is not that he took advantage of the legal tax laws.

[Anonymous]

Anonymous wrote:

Anonymous wrote:No one should care.

NOLs are basic non-partisan fundamental tax policy that reflects economic reality. They are not loopholes. They involve no trickery. They are a cornerstone of ALL income tax systems worldwide.

Further, no one has ANY idea how that 912 million dollar loss was adjusted in subsequent years. It may we'll be that subsequent events lessened that loss. Do you know if amended returns were filed?

Really, the only thing this thread (and related threads) have shown is that the "highly educated and very smart DCUM audience has no idea how taxes work. At all. And really shouldn't be commenting on it at all.

For the record, I am not a Trump supporter in any sense. I will not vote for him. I will not advocate for anything that joke says. But if you are going to go on the attack, please do so based on solid policy grounds. Not some knee jerk reaction to something you don't understand.

And once again, the issue is not that he took advantage of the legal tax laws.

Your one sentence says it all.

[Anonymous]

It's clear Trump has an "empire" based on manufacturing paper wealth and paper losses but almost no cash.

[Anonymous]

As a taxpayer, I do feel shafted, not because he used NOL, we have, too.

But, he made bad business decisions that caused him to go bankrupt; he was allowed to restructure his loans so he didn't have to pay back what he lost. Not only did he not have to pay back his losses, but he got to write them off and not pay any taxes, and then he was still able rebuild his empire (probably with a lot of help from politicians whom he bought off by lining their pockets), and he continues to avoid paying taxes on income by having some of his payments made to his foundation instead of him. No wonder he uses his foundation like his own bank account.

At the end of the day, the taxpayers are the ones who lost.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Who could have leaked them? We know that the liberals at the IRS "do what it takes" to get the Democrat elected. Could it have been a Lois Lerner type?

Unlikely since the forms leaked were state tax forms, not federal.

The papers were mailed with a return address of the Trump Tower in NY. Trump or a family member leaked them, or a disgruntled employee. It's hard to guess which is more or less likely.

I was wondering if he had a different accountant back then, and whether they had been paid.....

It's really unlikely someone in the IRS will leak federal forms- whoever did so would get in a lot of trouble, and the IRS can track who even viewed an individual's form. So it would be difficult to get away with it.

I think his accountant from back then verified for the reporter that the documents were real.

My guess is Marla Maples. As someone pointed out elsewhere, a "sign here" was still affixed when the copy was made. These likely would have been removed prior to submission to the state.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No one should care.

NOLs are basic non-partisan fundamental tax policy that reflects economic reality. They are not loopholes. They involve no trickery. They are a cornerstone of ALL income tax systems worldwide.

Further, no one has ANY idea how that 912 million dollar loss was adjusted in subsequent years. It may we'll be that subsequent events lessened that loss. Do you know if amended returns were filed?

Really, the only thing this thread (and related threads) have shown is that the "highly educated and very smart DCUM audience has no idea how taxes work. At all. And really shouldn't be commenting on it at all.

For the record, I am not a Trump supporter in any sense. I will not vote for him. I will not advocate for anything that joke says. But if you are going to go on the attack, please do so based on solid policy grounds. Not some knee jerk reaction to something you don't understand.

And once again, the issue is not that he took advantage of the legal tax laws.

Your one sentence says it all.

So you don't get that Trump has built his legitimacy for the Presidency on the business acumen he claims to have. He also claims to have created thousands of jobs, and if he can do it in the private sector, he can lead as president. But whoops, he managed to bungle making money in a regulated industry to the tune of a Billion dollar loss. In that process, he stiffed thousands of workers they paychecks in the construction of the casinos and then closed the casinos, costing additional jobs both directly and indirectly. What he did to Atlantic City is a poster for what he would do to the United States.

So yes, what he did was perfectly legal, but it undermines the entire house of cards his campaign has been predicated on.

I would also add that there is no validation that the loss he claims is accurate, and thus no validation that the carry-over losses are valid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No one should care.

NOLs are basic non-partisan fundamental tax policy that reflects economic reality. They are not loopholes. They involve no trickery. They are a cornerstone of ALL income tax systems worldwide.

Further, no one has ANY idea how that 912 million dollar loss was adjusted in subsequent years. It may we'll be that subsequent events lessened that loss. Do you know if amended returns were filed?

Really, the only thing this thread (and related threads) have shown is that the "highly educated and very smart DCUM audience has no idea how taxes work. At all. And really shouldn't be commenting on it at all.

For the record, I am not a Trump supporter in any sense. I will not vote for him. I will not advocate for anything that joke says. But if you are going to go on the attack, please do so based on solid policy grounds. Not some knee jerk reaction to something you don't understand.

And once again, the issue is not that he took advantage of the legal tax laws.

Your one sentence says it all.

So you don't get that Trump has built his legitimacy for the Presidency on the business acumen he claims to have. He also claims to have created thousands of jobs, and if he can do it in the private sector, he can lead as president. But whoops, he managed to bungle making money in a regulated industry to the tune of a Billion dollar loss. In that process, he stiffed thousands of workers they paychecks in the construction of the casinos and then closed the casinos, costing additional jobs both directly and indirectly. What he did to Atlantic City is a poster for what he would do to the United States.

So yes, what he did was perfectly legal, but it undermines the entire house of cards his campaign has been predicated on.

I would also add that there is no validation that the loss he claims is accurate, and thus no validation that the carry-over losses are valid.

If you don't think that a 900 million dollar loss attracts immediate attention from the IRS and state taxing authorities, you have clearly been taking advantage is legal weed in the Distrct.

[Anonymous]

Anonymous wrote:No one should care.

NOLs are basic non-partisan fundamental tax policy that reflects economic reality. They are not loopholes. They involve no trickery. They are a cornerstone of ALL income tax systems worldwide.

Further, no one has ANY idea how that 912 million dollar loss was adjusted in subsequent years. It may we'll be that subsequent events lessened that loss. Do you know if amended returns were filed?

Really, the only thing this thread (and related threads) have shown is that the "highly educated and very smart DCUM audience has no idea how taxes work. At all. And really shouldn't be commenting on it at all.

For the record, I am not a Trump supporter in any sense. I will not vote for him. I will not advocate for anything that joke says. But if you are going to go on the attack, please do so based on solid policy grounds. Not some knee jerk reaction to something you don't understand.

But "knee jerk reaction to something you don't understand" is the way politics works. There are politicians at every level of government jerking their knees at policy they don't understand. The U.S. Congress is chock full of them, placed there by voters who reeeally don't understand. Why else would anyone make "I don't know how Washington works" the central tenet of their political platform?

Sure, there are a lot of diehard Trump supporters for whom this bit of news makes no difference whatsoever. But don't underestimate the number who hear "$916 million dollar loss" and start to feel differently.

[Anonymous]

Again, TRUMP DOESN'T KNOW THE TAX CODE, HIS ACCOUNTANT DOES!

And he is NOT going to fix the tax code so that people like him pay more. Quite the opposite. He wants to "fix" things like the estate tax. Does that benefit the middle class?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:No one should care.

NOLs are basic non-partisan fundamental tax policy that reflects economic reality. They are not loopholes. They involve no trickery. They are a cornerstone of ALL income tax systems worldwide.

Further, no one has ANY idea how that 912 million dollar loss was adjusted in subsequent years. It may we'll be that subsequent events lessened that loss. Do you know if amended returns were filed?

Really, the only thing this thread (and related threads) have shown is that the "highly educated and very smart DCUM audience has no idea how taxes work. At all. And really shouldn't be commenting on it at all.

For the record, I am not a Trump supporter in any sense. I will not vote for him. I will not advocate for anything that joke says. But if you are going to go on the attack, please do so based on solid policy grounds. Not some knee jerk reaction to something you don't understand.

And once again, the issue is not that he took advantage of the legal tax laws.

Your one sentence says it all.

So you don't get that Trump has built his legitimacy for the Presidency on the business acumen he claims to have. He also claims to have created thousands of jobs, and if he can do it in the private sector, he can lead as president. But whoops, he managed to bungle making money in a regulated industry to the tune of a Billion dollar loss. In that process, he stiffed thousands of workers they paychecks in the construction of the casinos and then closed the casinos, costing additional jobs both directly and indirectly. What he did to Atlantic City is a poster for what he would do to the United States.

So yes, what he did was perfectly legal, but it undermines the entire house of cards his campaign has been predicated on.

I would also add that there is no validation that the loss he claims is accurate, and thus no validation that the carry-over losses are valid.

This. It's all legal but it undermines his claim that he's such an astute businessman. It also alienates him from the bkhr collar had he is appealing to.

[Anonymous]

Anonymous wrote:Again, TRUMP DOESN'T KNOW THE TAX CODE, HIS ACCOUNTANT DOES!

And he is NOT going to fix the tax code so that people like him pay more. Quite the opposite. He wants to "fix" things like the estate tax. Does that benefit the middle class?

It will help them when Trump gets them better jobs and a stepping stone to the upper class.