NYT: Trump hasn't paid taxes in almost 20 years (FBI, FBI, vote)
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.
It contravenes the spirit, rather than the letter, of the law.
Trump is totally unfit to be president.
Business is business. To be successful and employ people , one must stay in business , if not, those people have no job , have no medical insurance have no benefits at all. The middle class was formed through good paying jobs.
Capitalism has built this country in a very short time. Freedom to create works here. Big democratic government interference is killing jobs . Hillary is no job creator. She is more interested in global affairs and takes money from foreign governments for favors to that country. We American citizens get the shaft.
The next generations will suffer as wages plummet and welfare roles increase. We are heading for a socialist government where the ruling party is in control. They are now starting to control the media , news outlets, and will soon be a totalitarian government and media to tell the people what to think. Freedoms of the people are chipping away and they are so afraid that the people will have a voice in this country .
Globalism is real and both sides of the aisle are working toward a one world globalization of all peoples and freedom will be a memory. Blurring borders, bringing down the middle class, bringing in cheap labor to white collar jobs. It is happening now. Good luck being an American citizen.. it is nothing to the globalists. We see it and the democrats and Rino republicans use the race card to try to cover their movements to globalization saying racism wants to keep cheap labor out, potential terrorists out . It is a push to globalization under the guise of them calling it racism.
If people can't see that , they are blind and stupid.
It's a very obvious conflict of interest for Trump to get his paws on the tax code.
And you think Hillary is going to change that? LOL... she isn't even elected and she wants to raise taxes on "ordinary income". Do you even understand what Trump said (read below)?
Quote:
Originally Posted by petch751
"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.
Yep, and Democrats are impotent against his power. Total waste of everyone's time to put BO in the White House, as he's not capable of doing a thing about 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.
I don't disagree with you. Do you not take deductions that the tax code allows you to? again, if millionaires and companies pay 0% in taxes, then our system is screwed up. It's not fair and it needs to be fixed. Trump has a lemon and he should make lemonade by running it through his tax plan.
Make no mistake, from Middle Eastern wars and massive government surveillance to deficits, George W,'s influence on America is still here no matter who occupies the WH.
It contravenes the spirit, rather than the letter, of the law.
Trump is totally unfit to be president.
Trump shows clearly as a successful businessman Trump Org. uses all resources to provide profit to pay for the other parts of the business!
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.
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.
