NYT: Trump hasn't paid taxes in almost 20 years (premium, racism, terrorists)
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So just out of curiosity, who do you think is now not going to vote for Trump because of an obvious hit piece in the NYT?
Oh, I don't expect the deplorables to get it. Trump has said that those folks will still support him even if he shot someone in broad daylight on 5th Ave. Hopefully, the more educated Independents who have been swayed by the Con Man will now see that he is not only a bad businessman (horrendous debt, bankruptcies, stiffing employees, subcontractors) .... but, but also a "taker." He doesn't pay any income tax but he makes use of the benefits of the income tax paid by most everybody else.
You didn't read the initial post .... George Bush remains all powerful, and Democrats are too weak to do anything about it. So whether he was in the White House or not, he's responsible for everything that occurs everywhere. As the country is still here, your worries about it not being here If he still occupied the White House are just silly blather.
He has declared bankruptcy 6 times between 1990- 2009. The first bankruptcy occurred less than a year after opening the Taj Mahal.
His legal and accounting teams have used laws and the tax code to protect his personal wealth.
Far more of a concern going forward is the unprecedented conflicts of interest that exist because he owes $ billions to domestic and foreign banks and investors for properties all over the world including the Middle East.
Handing the reigns over to his children does nothing to eliminate the perceptions of conflicts of interest going forward.
On the flip side, The Clinton Foundadtion should have been closed while Hillary was SoS to avoid perceptions of conflicts of interest. How does a foundation solicit and accept charitable donations from those who might reasonably expect quid pro quo. Can't prove or disprove Pay for Play.
The Clinton Foundation is child's play compared to the perceptions of conflicts of interest that will exist if Trump is elected.
None of this seems to matter to the bases of both candidates. Easier to get wound up with rumors of Hilliary's health and Trump's goofy tweets during the wee hours than the very real conflicts of interests, ethics 101.
"Get Rid of Carried Interest And Some Other' Tax Loopholes, 'Especially ... closing loophole for the rich in general"...
-- Donald Trump
Carried interest is the % of investment gains usually 20% that hedge fund managers, private equity executives and venture capital partners (Mark Cuban) take as compensation, usually in addition to a 2% of assets under management fee.
According to the NYT, ”Carried interest is treated like an investment and subjected to the lower capital gains tax rate, rather than as ordinary income, even though most managers don’t put any of their own money at risk.”
The top 25 hedge fund managers earned a combined $11.62 billion and many of them are on the IRS list of the top 400 earners who paid at 16.7% tax rate in 2012, thanks to that carried interest deduction.
And that is why all the money from the rich is flowing to Hillary's campaign. She won't change it.
Taxes fund our infrastructure and standard of living. If no one paid taxes there would be no roads, airports, electricity, water, fire, ambulance, or any other sort of service or development in the country. When you pay no taxes, that means someone else has to pick up the slack and you are enjoying the benfits of society as a welfare recipient.
If Trump paid no taxes, that means we all had to chip in to make up the difference. I hope those who support him got their money's worth. It is beyond all reason that people would deny food to hungry children and support a slacker.
Taxes fund our infrastructure and standard of living. If no one paid taxes there would be no roads, airports, electricity, water, fire, ambulance, or any other sort of service or development in the country. When you pay no taxes, that means someone else has to pick up the slack and you are enjoying the benfits of society as a welfare recipient.
If Trump paid no taxes, that means we all had to chip in to make up the difference. I hope those who support him got their money's worth. It is beyond all reason that people would deny food to hungry children and support a slacker.
That sums it up. Trump is a taker. A good example of enjoying FREE stuff.
Yet they do, even giving subsidies to people for personal purposes (many who pay little if any taxes).
Get used to it, the tax code is the law of the land. If you don't like it vote to change it. "Research" for the truth, don't take the media who has an agenda word for it. They're playing you for fools.
That's what we're doing.
It's a very obvious conflict of interest for Trump to get his paws on the tax code.
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