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

[Anonymous]

Anonymous wrote:

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!

So scoot on over to local property taxes for 2020
Palm Beach County FL - several - Mar-a-lago Total 2020 Preliminary Taxes $516,131.39
Loudoun $113,605.25 [2019 was $233,406.22, high year was $271,228.74]. Why the decrease? Selling land?

Some tax laws and social security and medicare do not work as intended. REIT and LLC's haven't work as intended for decades - pre DTJ. 2008 crash? Prior bundling and selling mortgages worked before no-docs and back when no mortgage without about 10% down.

How many years pre Trump were state sales taxes not collected by on line sellers? Taxes- we look no further than our own local jurisdiction for inequity.
And back to this. Could REIT and LLc real estate promoters or partners have had huge gross income and low agi and received stimulus? The answer is yes.

[Anonymous]

The non-payment of taxes is not the issue. Trump's insolvency is the issue. He is broke. And he has even bigger debts, to "foreign" creditors, coming due. This is a national security threat, even bigger than he already poses.

[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.

Lying, deflecting, denying and casting doubt on the New York Times is running the autocrat’s playbook using Roy Cohn’s tactics of undermining the credibility of the media outlets to serve your purpose. Congrats on falling for the oldest Mob tactic on the books.

Actually it’s calling NYT out on their track record

[Anonymous]

Anonymous wrote:The non-payment of taxes is not the issue. Trump's insolvency is the issue. He is broke. And he has even bigger debts, to "foreign" creditors, coming due. This is a national security threat, even bigger than he already poses.

Folks don’t wanna see it

[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.

Trump is on twitter saying it’s fake news and that the returns were illegally obtained. Can’t be both.

Sure it can be! They could have illegally obtained tax records and are lying about the content.

[Anonymous]

Anonymous wrote:

Anonymous wrote:30+ pages and no speculation about whom the source might be! Any guesses?

Mary Trump.

unlikely. she would have no reason to have his recent tax documents. she did provide a trove of documents to the NY but they were from her lawsuit in 2000 I think and they were old documents.

[Anonymous]

Anonymous wrote:

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.

Trump is on twitter saying it’s fake news and that the returns were illegally obtained. Can’t be both.

Sure it can be! They could have illegally obtained tax records and are lying about the content.

Then he could point out where they’re incorrect and sue them for defamation...it’s not like he doesn’t have lawyers galore. But he didn’t...because it’s all true

[Anonymous]

Anonymous wrote:

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.

Trump is on twitter saying it’s fake news and that the returns were illegally obtained. Can’t be both.

Sure it can be! They could have illegally obtained tax records and are lying about the content.

well, that would be easy to prove, he can just release his tax returns, like any president or candidate in the past few decades, easy peasy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:30+ pages and no speculation about whom the source might be! Any guesses?

Mary Trump.

unlikely. she would have no reason to have his recent tax documents. she did provide a trove of documents to the NY but they were from her lawsuit in 2000 I think and they were old documents.

Lawyer Cohen. His book is coming out and he doesn’t seem to have much loyalty to trump left

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Trump is on twitter saying it’s fake news and that the returns were illegally obtained. Can’t be both.

Sure it can be! They could have illegally obtained tax records and are lying about the content.

well, that would be easy to prove, he can just release his tax returns, like any president or candidate in the past few decades, easy peasy

Do you support the illegal obtaining by media of someone’s tax records?Do you support blackmail? The source is probably an IRS employee

[Anonymous]

The Trump Org isn't a REIT. Need 100 owners and 5 of them can't own more than 50%.

[Anonymous]

Anonymous wrote:The non-payment of taxes is not the issue. Trump's insolvency is the issue. He is broke. And he has even bigger debts, to "foreign" creditors, coming due. This is a national security threat, even bigger than he already poses.

The non payment of taxes might be an issue, it’s certainly disgusting.

But you are correct that it’s the fact that he’s owned by foreign entities that is truly worrying. The GOP has known all about this. They just don’t care.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Trump is on twitter saying it’s fake news and that the returns were illegally obtained. Can’t be both.

Sure it can be! They could have illegally obtained tax records and are lying about the content.

Then he could point out where they’re incorrect and sue them for defamation...it’s not like he doesn’t have lawyers galore. But he didn’t...because it’s all true

Yet.

[Anonymous]

I say NYT needs to publish them. Why won’t they?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Trump is on twitter saying it’s fake news and that the returns were illegally obtained. Can’t be both.

Sure it can be! They could have illegally obtained tax records and are lying about the content.

well, that would be easy to prove, he can just release his tax returns, like any president or candidate in the past few decades, easy peasy

Do you support the illegal obtaining by media of someone’s tax records?Do you support blackmail? The source is probably an IRS employee

I like Presidents who can't be blackmailed.