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It's strange that the dems are trying to make something out a business loss that everyone already knew about.
I know, right? It's not like his supporters didn't already know he lost a billion dollars in one year and think he's a great businessman who created jobs by closing down 3 casinos.
Confirmed he didn't have to pay federal taxes for years and terrible business failures. Thats it Looks like were in for 4-8 years of extension of Obummer policies and service level jobs
The point of Trump's tax dodge isn't that it's illegal; it's that he exploits loopholes for rich people while giving all this populist rhetoric about how he's for making America great again. He does the high-end tax loopholes, he offshores his businesses and profits from cheap Chinese labor, he stiffs small business contractors when it suits him. Not a guy who has demonstrated any personal commitment to anything he talks about.
And I don't think this is what Trump is hiding in his tax returns; I think there is something else out there. If this is all it was, he would have released them a long time ago. Everyone knows that harvesting tax losses is not illegal.
Lets say a family of (husband, wife, 15 year old son) with a household income of $50k. For 2015 the government allows a
Standard deduction (Married Filing Jointly): $12,600
Personal exemption amount is $4,000 each: $12,000
Total: $24,600.00
Income: $50,000
Minus Deductions: $24,600.00
$25,400 is the amount the government deems this family needs to live on before they can start taking money from this family. That's not much. There are ways to reduce also ways that you could end up having to pay more, the tax code is very complicated.
That is government tax law written by politicians.
What family, that paid more income tax than Trump, flies around in a family jet?
The point of Trump's tax dodge isn't that it's illegal; it's that he exploits loopholes for rich people while giving all this populist rhetoric about how he's for making America great again. He does the high-end tax loopholes, he offshores his businesses and profits from cheap Chinese labor, he stiffs small business contractors when it suits him. Not a guy who has demonstrated any personal commitment to anything he talks about.
And I don't think this is what Trump is hiding in his tax returns; I think there is something else out there. If this is all it was, he would have released them a long time ago. Everyone knows that harvesting tax losses is not illegal.
Again, stop assuming he is dodging or avoiding. The tax codes are there by IRS, Trump is not avoiding anything. All other real estate investors get the same tax break. Thank the real estate industries for fighting for that tax break and loopholes. Bet you are real happy that Unions control pensions and wages and never complain about this......while the rest of us get no pension or retirement by age 55.
Quote:
Originally Posted by jojajn
What family that paid more income tax than Trump, flies around in a family jet?
Yet, Obama is flying around in Air Force 1 costing taxpayers $80,000 a day campaigning for Hillary. What a person does with their own money should be none of your business.
You should be asking the First Lady and Obama why they feel we should pay for him to travel around campaigning on the taxpayer dollars.
The point of Trump's tax dodge isn't that it's illegal; it's that he exploits loopholes for rich people while giving all this populist rhetoric about how he's for making America great again. He does the high-end tax loopholes, he offshores his businesses and profits from cheap Chinese labor, he stiffs small business contractors when it suits him. Not a guy who has demonstrated any personal commitment to anything he talks about.
And I don't think this is what Trump is hiding in his tax returns; I think there is something else out there. If this is all it was, he would have released them a long time ago. Everyone knows that harvesting tax losses is not illegal.
And he did say "end the loopholes for the rich" and lower taxes for everyone. Wouldn't you rather there be lower taxes that benefit everyone instead of having to invest and take risks which result in the rich who are able to do that get the benefit?
And he did say "end the loopholes for the rich" and lower taxes for everyone. Wouldn't you rather there be lower taxes that benefit everyone instead of having to invest and take risks which result in the rich who are able to do that get the benefit?
Again, stop assuming he is dodging or avoiding. The tax codes are there by IRS, Trump is not avoiding anything. All other real estate investors get the same tax break. Thank the real estate industries for fighting for that tax break and loopholes. Bet you are real happy that Unions control pensions and wages and never complain about this......while the rest of us get no pension or retirement by age 55.
Your debating people who claim it's too hard for some in their ranks that think it's too hard to get a voter ID. How can we possibly expect them to understand some thing as complicated as the tax code written by a bunch of lawyerly politicians.
Will they wake up? I doubt it, how can they when they believe the liberal media's word is the word of god.
Like it or not Businesses right size the business units for the survival of the core business. This happens every day and there is not guarantees in business.
This show that Trump rebounds even in difficult business decisions. Reorganized and go to the next opportunity. Business takes courage to rebound.
Clinton never has ran a company and does not have clue on business!
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This is business
