U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-14-2016, 09:19 AM
 
39,213 posts, read 20,334,087 times
Reputation: 12734

Advertisements

Quote:
Originally Posted by MTAtech View Post
I don't know if I have a problem with Trump's taxes or not, unless Trump makes them public, just like every other presidential candidate who has been asking for our votes has done since the 1960s.

The underlying question is why are Trump supports so willing to cover for Trump not doing what everyone else has done, when it has been standard practice for over 60 years? It's like they have become the new Mason Family.
The only people who should be interested in Trump's tax returns are working at the IRS. If they are satisfied, then it's no one else's business. If there was a problem with his returns you and I both know it would have been leaked.

Read his financial disclosure to the FEC. It has an enormous amount of info on his assets and income sources. You can glean much more information from them.

https://assets.documentcloud.org/doc...5187/trump.pdf
Reply With Quote Quick reply to this message

 
Old 05-14-2016, 09:40 AM
 
39,213 posts, read 20,334,087 times
Reputation: 12734
Government uses the tax code to encourage behavior they want. Now they use the tax code to demonize any opponent who uses the tax code to keep more of their money.

Also notice that even though the government wrote law to allow these deduction, these are only meant for the favored people. The current crop of leftist politicians are now using the tax code to demonize anyone who uses the tax code to reduce their taxable income.

Last edited by petch751; 05-14-2016 at 09:54 AM..
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 09:42 AM
 
39,213 posts, read 20,334,087 times
Reputation: 12734
If is obvious that most people don't understand the tax code. Why is that? If politicians really cared about helping the American people they would do 2 things,

1. Simplify the tax code so anyone could understand it. After all if the voter registration is too hard and racist why isn't the 72,000 page tax code too hard and racist?

2. Lower taxes. But they don't care enough to do either.

Politicians want more tax revenue (translate, they want more of your money). But to increase taxes, politicians have to risk voters' wrath if they enact new and higher taxes. The politician's solution is complexity to hide tax increases.

They are now using a psychological gimmick. Even though politicians wrote the tax code they want to demonize anyone who uses it to reduce their taxable income.

Last edited by petch751; 05-14-2016 at 09:58 AM..
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 09:46 AM
 
39,213 posts, read 20,334,087 times
Reputation: 12734
Now we have people convinced that it is good to give away money to the government. Tax gimmicks and lies about taxes is one area in which government shows a surprising ability to innovate. All they need is clueless useful idiots to believe and parrot the lies, attempting to demonize anyone who they don't favor.

Hillary and Bill also use the tax code to reduce their taxable income don't you doubt that. Oh by the way, it's legal and no less wrong if Hillary or Trump does it.

Last edited by petch751; 05-14-2016 at 10:07 AM..
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 09:58 AM
jw2
 
2,028 posts, read 2,631,027 times
Reputation: 3358
Presidential candidates releasing tax forms is a bit silly. Those as old as I remember it started back with Nixon, while he was in office, was being auditing by the IRS (imagine that, auditing a sitting president). And, btw, that is when he said the infamous "I am not a crook" line, it was not about Watergate, and in an attempt to prove it, released his tax returns to the public. Well, it did not do much to convince the people that he was paying his fair share. Later when Watergate hit, there really was no hope, he resigned. When Ford took over, he released his tax returns, I don't believe he was even asked to, in attempt to show it was a clean presidency. And the tradition was started. In my opinion, there is no need. People are allowed to take the deductions of which they are entitled and should not be criticized, as Romney was, for doing that.
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 10:04 AM
 
17,028 posts, read 9,547,610 times
Reputation: 5701
Quote:
Originally Posted by MTAtech View Post
Yes, he may use sailor language like you but unless you have a private 757 and live in an apartment that looks like it was decorated by King Midas and Elvis trying to decorate a bordello, you don't live like him.




Bordello?
Why bring Bill Clinton into this?
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 10:05 AM
 
26,580 posts, read 9,046,557 times
Reputation: 9252
The tax code is the financial Olympics for those who make money and want to keep it. They substitute accountants and attorneys for physical training. If you don't make enough money to do that your choice is H&R Block or some other cheep solution. The tax code is there to keep you a financial amateur. If you are able to break out and enter the professional rank congratulations Billionare. You achieved it with odds slightly better than the lottery.
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 10:18 AM
 
6,178 posts, read 2,849,330 times
Reputation: 15649
Since Trump is a private citizen and has no public held office position at this time, he is free to remain "private" in his position of Tax return.

The Departments that can gain access have no doubt already followed the money.

When you got nothing to hide, you tend to be more forthright ...
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 10:26 AM
 
39,213 posts, read 20,334,087 times
Reputation: 12734
Quote:
Originally Posted by phma View Post
The tax code is the financial Olympics for those who make money and want to keep it. They substitute accountants and attorneys for physical training. If you don't make enough money to do that your choice is H&R Block or some other cheep solution. The tax code is there to keep you a financial amateur. If you are able to break out and enter the professional rank congratulations Billionare. You achieved it with odds slightly better than the lottery.
Lets give an example how politicians used complicated tax code to fool the American people. Many people believe that a tax return show wealth, wrong. A tax return shows how much income you made within ONE YEAR.

Politicians always want more money, who doesn't right? So Obama was sent to do the job of getting more money from the people. Obama tells the American people that anyone making over $200k A YEAR is rich and he wants to raise taxes on them. Do you see the spin yet?

He knows that that income of $200k simply means high income, it does not mean you are rich, in fact you could be broke. But he smirked as he repeated the lie over and over again knowing full well that his supporters didn't have a clue and would support him as he raised taxes and funneled more of the people's money to the government.

Last edited by petch751; 05-14-2016 at 10:36 AM..
Reply With Quote Quick reply to this message
 
Old 05-14-2016, 10:36 AM
 
39,213 posts, read 20,334,087 times
Reputation: 12734
And now those same clueless people are repeating the lie demanding Trumps tax returns because they believe that tax returns report his wealth. Again wrong. Here's an example (read the red text below)...

Quote:
Quote:
Originally Posted by residinghere2007 View Post
I'm sure he is wealthier than you or I put together. But I don't think he is worth $10 billion like he claims and if his returns show that he is not, it will show him as a big fat liar who doesn't know how to estimate wealth.
Yep, this is what we are dealing with. No wonder this countries in trouble. 12 years of school and they don't understand basic finance and they want us taxpayer to pay for more school?
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top