The BIG ONE: 20 years of Trump taxes obtained by NYTs

[Anonymous]

Anonymous wrote:

Anonymous wrote:I wonder if the government already worked out a deal with trump. Don’t take a paycheck, make a lot of money for our country and all will be forgiven. I guess we will wait and see.

The government has not worked out anything with Trump, because the dispute over his audit is still sitting in the offices of the joint tax committee. They have not adjudicated it.

JTC plays no role in audit.

Portions of Trump's refunds are before the JTC. That is because Title 26 (I don't remember the section) mandates that all refunds in excess of 10 million dollars be forwarded to the JTC. The thinking in enacting this was not to "adjudicate" or "approve"anything. It is so the JTC could figure out where they had miswritten the law. Large refunds like those tend to suggest the laws aren't working as intended.

[Anonymous]

whiny baby is being a whiny baby

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did he file fraudulently or do something illegal? He has certainly been audited a lot and it hasn’t resulted in anything criminal.

So...if he is taking exceptions and deductions as allowed by the current tax law, I don’t understand what the complaint is.

Taxes are complicated. What someone salaried at 70k per year pays can’t be compared to what he pays because he has lost millions and invested millions in businesses which stimulate economy and add growth.


Unless he is doing something illegal, it is all just election smack talk. If he is doing something illegal, the IRS and criminal justice system will handle it. They haven’t. So...fair to say it is election smack talk.

He's the president who signed into law a massive tax reform bill that helps people like him avoid paying taxes. What this shows is that regular working Americans who pay thousands in income taxes every year are chumps.

And his massive debts are a big problem. As others have said, it would prevent most people from getting a security clearance. Should that not be a basic, minimum level qualification for a president? To be able to get a security clearance?

He has been audited a lot? He's been fighting that audit with everything he has, for a very long time.

The report actually revealed what the audit is about. He dclared a $1b loss from his Atlantic City casino and then used that to claim a $72m refund. It was almost legal except that he got a 5% stake after bankruptcy which means he couldn't claim the loss. He's been refusing to settle since then because once the mater is settled then it becomes public record. He also do any have the cash to pay the IRS back.

That’s a whole lot of tax fraud.

Are they waiting for him to leave office to go after him on this or is it still tied up in audit?

[Anonymous]

Anonymous wrote:Unless he has done something illegal the only story here is 1. He has taken advantage of the tax codes 2. He may have to sell assets to cover his debt balloon payments and 3. His track record of business failures is continuing.

Lots of “something illegal” detailed in the article. You should read it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did he file fraudulently or do something illegal? He has certainly been audited a lot and it hasn’t resulted in anything criminal.

So...if he is taking exceptions and deductions as allowed by the current tax law, I don’t understand what the complaint is.

Taxes are complicated. What someone salaried at 70k per year pays can’t be compared to what he pays because he has lost millions and invested millions in businesses which stimulate economy and add growth.


Unless he is doing something illegal, it is all just election smack talk. If he is doing something illegal, the IRS and criminal justice system will handle it. They haven’t. So...fair to say it is election smack talk.

He's the president who signed into law a massive tax reform bill that helps people like him avoid paying taxes. What this shows is that regular working Americans who pay thousands in income taxes every year are chumps.

And his massive debts are a big problem. As others have said, it would prevent most people from getting a security clearance. Should that not be a basic, minimum level qualification for a president? To be able to get a security clearance?

He has been audited a lot? He's been fighting that audit with everything he has, for a very long time.

The report actually revealed what the audit is about. He dclared a $1b loss from his Atlantic City casino and then used that to claim a $72m refund. It was almost legal except that he got a 5% stake after bankruptcy which means he couldn't claim the loss. He's been refusing to settle since then because once the mater is settled then it becomes public record. He also do any have the cash to pay the IRS back.

That’s a whole lot of tax fraud.

Are they waiting for him to leave office to go after him on this or is it still tied up in audit?

It's on hold as long as he is President.

That's one reason he so desperately needs to stay in oower. Next year he has $400m in personal liabilities coming due and he doesn't have the assets to pay it off.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did he file fraudulently or do something illegal? He has certainly been audited a lot and it hasn’t resulted in anything criminal.

So...if he is taking exceptions and deductions as allowed by the current tax law, I don’t understand what the complaint is.

Taxes are complicated. What someone salaried at 70k per year pays can’t be compared to what he pays because he has lost millions and invested millions in businesses which stimulate economy and add growth.


Unless he is doing something illegal, it is all just election smack talk. If he is doing something illegal, the IRS and criminal justice system will handle it. They haven’t. So...fair to say it is election smack talk.

He's the president who signed into law a massive tax reform bill that helps people like him avoid paying taxes. What this shows is that regular working Americans who pay thousands in income taxes every year are chumps.

And his massive debts are a big problem. As others have said, it would prevent most people from getting a security clearance. Should that not be a basic, minimum level qualification for a president? To be able to get a security clearance?

He has been audited a lot? He's been fighting that audit with everything he has, for a very long time.

The report actually revealed what the audit is about. He dclared a $1b loss from his Atlantic City casino and then used that to claim a $72m refund. It was almost legal except that he got a 5% stake after bankruptcy which means he couldn't claim the loss. He's been refusing to settle since then because once the mater is settled then it becomes public record. He also do any have the cash to pay the IRS back.

That’s a whole lot of tax fraud.

Are they waiting for him to leave office to go after him on this or is it still tied up in audit?

Expect the members of the Joint Committee on Taxation to get questions about this. Grassley, Enzi, Crapo, Wyden, Stabenow, Neal, Doggett, Brady and NUNES.

[Anonymous]

[Anonymous]

Don't worry about the taxes. Trump broke, busted, insolvent. With even bigger debts coming due soon. #loser

[Anonymous]

I wonder if the money received from the Iranian National Guard was reported?

https://www.newyorker.com/magazine/2017/03/13/donald-trumps-worst-deal

[Anonymous]

So I guess it’s more like the Art of the STEAL!!!!

[Anonymous]

Anonymous wrote:I wonder if the money received from the Iranian National Guard was reported?

https://www.newyorker.com/magazine/2017/03/13/donald-trumps-worst-deal

The Times article mentions Ivanka’s consulting fees from that deal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I wonder if the government already worked out a deal with trump. Don’t take a paycheck, make a lot of money for our country and all will be forgiven. I guess we will wait and see.

The government has not worked out anything with Trump, because the dispute over his audit is still sitting in the offices of the joint tax committee. They have not adjudicated it.

JTC plays no role in audit.

Portions of Trump's refunds are before the JTC. That is because Title 26 (I don't remember the section) mandates that all refunds in excess of 10 million dollars be forwarded to the JTC. The thinking in enacting this was not to "adjudicate" or "approve"anything. It is so the JTC could figure out where they had miswritten the law. Large refunds like those tend to suggest the laws aren't working as intended.

Thank you for clarifying!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Unless he has done something illegal the only story here is 1. He has taken advantage of the tax codes 2. He may have to sell assets to cover his debt balloon payments and 3. His track record of business failures is continuing.

Lots of “something illegal” detailed in the article. You should read it.

The NYT doesn't have a good record. I guess Trump doesn't have to release his taxes since the NYT has them, lol!

Even Rachel M. showed his 2005 tax return which didn't back up any allegations. To her credit she actually showed the viewers the product.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Unless he has done something illegal the only story here is 1. He has taken advantage of the tax codes 2. He may have to sell assets to cover his debt balloon payments and 3. His track record of business failures is continuing.

Lots of “something illegal” detailed in the article. You should read it.

The NYT doesn't have a good record. I guess Trump doesn't have to release his taxes since the NYT has them, lol!

Even Rachel M. showed his 2005 tax return which didn't back up any allegations. To her credit she actually showed the viewers the product.

For whatever record the NYT may have, Trump has told over 25,000 documented lies, and for some reason, people like you believe him still.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Unless he has done something illegal the only story here is 1. He has taken advantage of the tax codes 2. He may have to sell assets to cover his debt balloon payments and 3. His track record of business failures is continuing.

Lots of “something illegal” detailed in the article. You should read it.

The NYT doesn't have a good record. I guess Trump doesn't have to release his taxes since the NYT has them, lol!

Even Rachel M. showed his 2005 tax return which didn't back up any allegations. To her credit she actually showed the viewers the product.

For whatever record the NYT may have, Trump has told over 25,000 documented lies, and for some reason, people like you believe him still.

x10000000