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Location: Was Midvalley Oregon; Now Eastside Seattle area
13,073 posts, read 7,515,583 times
Reputation: 9798
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Quote:
Originally Posted by BentBow
I can't see Hillary sitting at the dining room table filling out an 1040-EZ....
Why would Trump, even want to change what has been working well for him / his accountants and within the law? Why campaign to change all that to make taxes fair for everyone. Not just those with good accountants?
Hillary's accountants do exactly what Trumps accountants do.
The difference is Trump' s tax people demand upfront cost plus and indemify for legal defense.
While we don't know what Trump paid during those years, there is some reason to suspect that the number could be darn close to zero.
Note - of course the Clintons have accountants.
Yeah, my accountant in the seventies told me I needed to buy newly constructed rental properties and/or new vehicles for the double declining depreciation - or my 70% tax rate would put me on welfare.
None of the local banks would loan me any money to use as the deposits I needed to get the loans on the double declining depreciation "investments".
I did do some risk-dangerous finagling to get the deposits needed to buy the rentals and vehicles i-didn't want or need.
I was forced to go trump, until my income was thwarted by government corruptions.
Not Government Law, Government Corruption.
Hey, can't sue the Government!
So screw! I got one government to bust the other government that screwed me - the State.
I submitted the State's own self-audits to the IRS, showing the State owed the IRS $160M for illegally paying 5000 state employees as independent contractors.
If you can't sue the screw, screw the screw!
The State thinks I'm unpatriotic, or, something.
What my friends said about me, was . . . "He's a mean motor scooter and a bad go getter."
Apples and oranges. Speaking fees, salary; not putting up risk capital, get taxed higher. It also says that perhaps they did not get the proper guidance in their post presidency sudden wealth.
What do you make of the CGI closing up shop after this year? Saw a business news blurb - cnbc or bloomberg - about laying off all of their employees and shuttering the operation.
The Clinton Foundation is an operation foundation that solicit is grants and does its own work. It comprises 11 not for profit groups that work on key initiatives to achieve its charitable mission
CGI was created as a 10 year initiative in 2005. At peak, it had 200 FTE. Since inception it has made more than 3600 charitable commitments. It remained open because of donor interest.
When Hillary became SoS she agreed to disclose all donors on an annual basis. While CGI did so for most donors, it missed a few or miss categorized some.
US charities solicit donations from international power brokers all the time. CGI was no exception. When the SoS solicits donations/ grants from anyone they create a perception of a conflict of interest. No way to prove or disprove a Pay for Play scheme. Perception matters.
The decision was made to sunset CGI this year, regardless if Hillary wins or not. It exceeded its mission.
There is no question that CGI and the Clinton Foundation made a huge positive difference in the world.
There is no question that it should have been shuttered when she was confirmed as SoS to avoid any perception of a conflict of interest.
In contrast, if elected, Trump will present unprecedented conflicts of interest given he owes $ billions to domestic and foreign banks and international power brokers. He will be in the unique position to influence outcomes that could benefit his bottom line. Handing the reigns over to his children does absolutely nothing to eliminate the inherent conflict of interest.
I will not vote for either candidate for these reasons.
It's worse than that... Hillary has said repeatedly on the campaign trail that the wealthy need to start paying their 'fair share'.
The Clinton's are worth over 100 million dollars. Yet they take every deduction they can and never write a check to the US Treasury to make sure they are paying their 'fair share'.
These people are total hypocrites.
Never?
They have disclosed 39 years of tax returns that show exactly what they paid.
In 2015, they paid a combined federal/ state tax rate of 43.2%, $3,624, 455.00 in income taxes.
There is no wealth tax in the US. Only adjusted gross income is taxed.
That's not my point.
If Hillary thinks the wealthy should be paying more taxes she should lead by example and refuse deductions and maybe write a check to the US Treasury to make sure she pays the 'fair share' she yammers about. She says they should pay more in taxes yet she doesn't do so herself voluntarily. She's a naked hypocrite.
Here's my take on Trump. Best damned illustration of the guy I have ever seen.
Quote:
Look for the narcissist. The most obvious target in today’s lineup is, of course, Donald Trump. When he looks at a glass, he is mesmerized by its reflection. If Donald Trump were shaped a little differently, he would compete for Miss America. But whatever the depths of self-enchantment, the demagogue has to say something. So what does Trump say? That he is a successful businessman and that that is what America needs in the Oval Office. There is some plausibility in this, though not much. The greatest deeds of American Presidents — midwifing the new republic; freeing the slaves; harnessing the energies and vision needed to win the Cold War — had little to do with a bottom line.
In the final analysis, just as the king might look down with terminal disdain upon a courtier whose hypocrisy repelled him, so we have no substitute for relying on the voter to exercise a quiet veto when it becomes more necessary to discourage cynical demagogy, than to advance free health for the kids. That can come later, in another venue; the resistance to a corrupting demagogy should take first priority.
So what else can Trump offer us? Well to begin with, a self-financed campaign. Does it follow that all who finance their own campaigns are narcissists? At this writing Steve Forbes has spent $63 million in pursuit of the Republican nomination. Forbes is an evangelist, not an exhibitionist. In his long and sober private career, Steve Forbes never bought a casino, and if he had done so, he would not have called it Forbes’s Funhouse. His motivations are discernibly selfless. . .
That was penned by one of my hero's, William F. Buckley.
Well, not exactly. From 2007 to 2014, the Clintons paid a total of $33 million in personal federal income tax - that averages out to nearly $5 million a year. And no one, including Trump, claims that they make more money than Trump does. Bill And Hillary Clinton Earned Over $160 Million - Business Insider
While we don't know what Trump paid during those years, there is some reason to suspect that the number could be darn close to zero.
Note - of course the Clintons have accountants.
They need to hire better people. Looks like they hired people that had them over paying by a long shot. Kinda like this government we let rule over us does. So Hillary is more qualified to keep the money train going for the rich & connected. She hires stupid people that miss the mark.
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