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.
People who keep chanting for him to release his tax returns is akin to how people keep chanting for Hillary to release her deleted emails.
The difference is that Hillary lost, so her issue isn't our issue anymore. Trump OTOH, IS president, and can screw the American people over with his conflicts of interest.
Quote:
Originally Posted by G1..
Typical trump cult member going straight to Hillary when pressed for facts and have not one.
I didn't read that post as being pro-Trump at all. I do agree, however, that Hillary's emails have nothing to do with Trump's tax returns. Hillary released decades of tax returns.
This just in.............Even if Trump releases is tax returns people will still find a reason to march.
Protesting has become a lifestyle/hobby for a lot of people in this country. I work with a young lady here in Seattle that plans her weekends around protests and marches like I do kayaking or trail riding. She goes out of her way to research or find things to be angry about and then "gets involved." My brother's wife used to be like that before they had kids.
No thanks.
Exactly. No matter what President Trump does, some people will find fault.
Exactly. No matter what President Trump does, some people will find fault.
Thanks for the laugh. If President Obama had discovered the cure for cancer and found a way to end world hunger, the GOP would have tried to block him.
I don't have a problem with people protesting since they were peaceful. It's what having a constitutional republic is all about. However, I do have to wonder, what, exactly, are they protesting? If someone as rich and famous as Trump, who has been in the public eye for decades, and was running for president, had cheated on his taxes, the IRS (especially under Obama) would have been all over him. They weren't. Which leads me to suspect there is nothing illegal or unethical that happened. It just seems another in a long line of pointless protests.
They aren't looking for him to have cheated on his taxes, I am pretty sure he will have employed legal ways to avoid tax, well his accountants will have. They're looking to see where the money is coming from - what conflicts of interest does he have, and if he really is as rich as he says he is (which is doubtful considering he's not actually a good business man). And they're angry about his lies - he promised to release his tax returns but then didn't, people don't like being lied to.
Exactly where on the IRS Form 1040 and associated forms will it show trump's "conflicts of interest"?
The filed-according-to-law Financial Disclosure Forms might show something, though, if one really wants to read all 58 pages.
google it. it is available online. No, I won't tell you where, you can find it yourself. Yes, I have glanced at it. No, I didn't really learn anything.
How much income he made: The top two pages of his federal Form 1040 would reveal Trump's income from general sources (salary, business income, investment income, rental income, etc.)
What he claimed in deductions: Trump's return would indicate how much he claimed in itemized deductions. More specifically on Schedule A and Form 8283, he would report how much money he donated to charity and which charities he chose.
His charitable giving is an area he bragged about during the campaign, even though a Pulitzer Prize-winning Washington Post report did not find proof in most instances of the donations Trump said he made.
How much he paid in taxes: The president has often bragged about paying as little tax as possible while at the same time boasting of his great wealth. That's raised concerns that the tax code may allow some of the very richest Americans to pay very little.
Whether and where he has foreign bank accounts: On Schedule B and related Form 8938, the public would learn what foreign accounts and trusts Trump has and in which countries.
Whether he paid taxes to foreign governments: If Trump claims a foreign tax credit, that means he paid tax to a foreign government and that would be subtracted from his U.S. income tax liability. On Form 1116 he'd have to reveal the countries where he paid those taxes and the type of income on which those taxes were due.
His businesses' profits and losses: Schedule C would detail the profits, losses and expenses of Trump's individual business entities. Schedule K would show his or his entities' share of profits, losses and liabilities in the various partnerships in which Trump has a stake. That same schedule would also list the locations of those partnerships.
Also, on those forms he must declare whether he "materially participated" in a given business. In cases where he did, he could really reduce his tax bill because he'd be allowed to use losses from that business to offset taxable profits from other businesses or investments, said tax lawyer Steven Rosenthal, a senior fellow at the Tax Policy Center.
Whether he'd benefit from his own tax reform proposals: The Trump administration has indicated it is working on a new tax reform plan. If and when that new plan is ever released, having the president's more recent tax returns would offer a good indication of whether he'd benefit from his own proposals.
Another liberal lost case and again republicans winning.
I saw some elderly protesters in Sarasota over the weekend and since we were on our way to enjoy our weekend with a nice drink, shopping and beach going, we laughed at the people who wasted their time stressing out over a non issue and a lost case.
We actually thought these people gathered so they could meet up and no sit alone during the weekend so we thought "aww, at least they have something to do"
Then we saw some 85-90 year old ladies with a button "proud Democrats "and we hope they remember what year it is and that it is no longer Bill Clinton in the WH touching his intern!
I love Trump's peevish (and predictable) tweets in response to the protests. It's too easy to troll this guy.
Agree his peevish & predictable tweets reveal his blueprint for incompetence in 140 characters or less.
A closer, more lengthy look at his decades long history of business failures reveals the big picture, how he has managed, by hook or by crook, to benefit from his own self-destruction. Couple this with Mr. Bannon's 'deconstruction of the administrative state', & one has to wonder?
After all, he managed to bankrupt his Atlantic City Casinos & yet still managed to enrich himself & his family.
How much income he made: The top two pages of his federal Form 1040 would reveal Trump's income from general sources (salary, business income, investment income, rental income, etc.)
What he claimed in deductions: Trump's return would indicate how much he claimed in itemized deductions. More specifically on Schedule A and Form 8283, he would report how much money he donated to charity and which charities he chose.
His charitable giving is an area he bragged about during the campaign, even though a Pulitzer Prize-winning Washington Post report did not find proof in most instances of the donations Trump said he made.
How much he paid in taxes: The president has often bragged about paying as little tax as possible while at the same time boasting of his great wealth. That's raised concerns that the tax code may allow some of the very richest Americans to pay very little.
Whether and where he has foreign bank accounts: On Schedule B and related Form 8938, the public would learn what foreign accounts and trusts Trump has and in which countries.
Whether he paid taxes to foreign governments: If Trump claims a foreign tax credit, that means he paid tax to a foreign government and that would be subtracted from his U.S. income tax liability. On Form 1116 he'd have to reveal the countries where he paid those taxes and the type of income on which those taxes were due.
His businesses' profits and losses: Schedule C would detail the profits, losses and expenses of Trump's individual business entities. Schedule K would show his or his entities' share of profits, losses and liabilities in the various partnerships in which Trump has a stake. That same schedule would also list the locations of those partnerships.
Also, on those forms he must declare whether he "materially participated" in a given business. In cases where he did, he could really reduce his tax bill because he'd be allowed to use losses from that business to offset taxable profits from other businesses or investments, said tax lawyer Steven Rosenthal, a senior fellow at the Tax Policy Center.
Whether he'd benefit from his own tax reform proposals: The Trump administration has indicated it is working on a new tax reform plan. If and when that new plan is ever released, having the president's more recent tax returns would offer a good indication of whether he'd benefit from his own proposals.
Apparently then, all that information is NOT available on the Federally REQUIRED Financial Disclosure forms that all candidates MUST file with the Federal elections Commission!
I wonder why...
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.
