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Old 09-23-2016, 10:54 AM
 
Location: the very edge of the continent
89,000 posts, read 44,804,275 times
Reputation: 13698

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Quote:
Originally Posted by MTAtech View Post
The IRS already said that the audit is not in the way of Trump releasing his taxes.
They said that, but did they say the tax returns and therefore the effective tax rate would be accurate and truthful? NO.

I could turn in a 1099 that said I earned $1 Trillion. Would thet be accurate or truthful? NO.
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Old 09-23-2016, 10:57 AM
 
Location: Long Island, NY
19,792 posts, read 13,945,761 times
Reputation: 5661
Quote:
Originally Posted by InformedConsent View Post
They said that, but did they say the tax returns and therefore the effective tax rate would be accurate and truthful? NO.

I could turn in a 1099 that said I earned $1 Trillion. Would thet be accurate or truthful? NO.
Don't you think that's an obvious defection, that everyone sees through? Trump is grasping at straws trying to invent new excuses not to do what every other candidate in modern history has done. It's SOOO clear that he's hiding something.
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Old 09-23-2016, 10:58 AM
 
Location: the very edge of the continent
89,000 posts, read 44,804,275 times
Reputation: 13698
Quote:
Originally Posted by MTAtech View Post
Estate taxes have been around for 100 years. There is nothing stupid about them at all. They are an appropriate way to tax gains on assets held over a lifetime, since those gains were never previously taxed.
So... why have the Clintons deliberately acted to shield their estate holdings from taxes?

Wealthy Clintons Use Trusts to Limit Estate Tax They Back - Bloomberg
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Old 09-23-2016, 11:03 AM
 
41,110 posts, read 25,727,707 times
Reputation: 13868
Quote:
Originally Posted by BucFan View Post
Two words: Irrevocable Trusts.

Please know that these billionaires/multi-millionaires have accountants who know tax laws to escape paying taxes, even the taxes due when they kick the bucket.
^^ This. The rich have their property protected against politicians like Obama and Hillary. The Clintons are already shielded. Hillary is doing this to play to people's ignorance like Obama did to make them believe they are "getting the rich". Are people so dumb to think that the rich would be voting for Hillary if she was truly after the rich?

People, the rich didn't get rich by giving their money away to the government. The rich aren't stupid but Hillary thinks you are stupid. It's people like farmers who will pay heavily or lose the farm when the elder passes on.
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Old 09-23-2016, 11:22 AM
 
Location: SoCal
20,160 posts, read 12,756,236 times
Reputation: 16993
She is basically going after small business, the rich have ways to get better help from tax lawyers.
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Old 09-23-2016, 11:40 AM
 
42,732 posts, read 29,870,989 times
Reputation: 14345
Quote:
Originally Posted by NewbieHere View Post
She is basically going after small business, the rich have ways to get better help from tax lawyers.
Small business billionaires, you mean?
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Old 09-23-2016, 11:46 AM
 
Location: Florida
33,571 posts, read 18,154,780 times
Reputation: 15546
The common people who own farms, when they die , their children will be hurt. The loop holes the rich know about. The common people have no idea because they have no lawyers. Hillary taking from the hard working people again. Hillary is such a hypocrite.
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Old 09-23-2016, 11:47 AM
 
Location: Middle of nowhere
24,260 posts, read 14,203,370 times
Reputation: 9895
Quote:
Originally Posted by Taratova View Post
The common people who own farms, when they die , their children will be hurt. The loop holes the rich know about. The common people have no idea because they have no lawyers. Hillary taking from the hard working people again. Hillary is such a hypocrite.
The common people with BILLION DOLLAR farms?
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Old 09-23-2016, 11:48 AM
 
Location: Long Island (chief in S Farmingdale)
22,184 posts, read 19,457,116 times
Reputation: 5302
Quote:
Originally Posted by NewbieHere View Post
She is basically going after small business, the rich have ways to get better help from tax lawyers.

This is on the portion of the estste in excesd of $500 million for single and the portion in excess of $1 billion for a couple. In what planet is that a small business??
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Old 09-23-2016, 11:48 AM
 
447 posts, read 557,859 times
Reputation: 229
Quote:
Originally Posted by NewbieHere View Post
She is basically going after small business, the rich have ways to get better help from tax lawyers.
Wow, no wonder USA is the richest nation in the world. Even small business and common people here are billionaires.
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