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Despite President Trump's choice not to publish his tax returns, the New York Time has somehow obtained records supposedly of those returns. They have apparently released them publicly, without President Trump's permission.
Publishing someone's tax returns against his wishes is illegal, of course, without an active, legal warrant.
18 Revelations From a Trove of Trump Tax Records
September 27, 2020in News, U.S.
The New York Times has obtained tax-return data for President Trump and his companies that covers more than two decades. Mr. Trump has long refused to release this information, making him the first president in decades to hide basic details about his finances. His refusal has made his tax returns among the most sought-after documents in recent memory.
Among the key findings of The Times’s investigation:
Mr. Trump paid no federal income taxes in 11 of 18 years that The Times examined. In 2017, after he became president, his tax bill was only $750.
Didn't the Supreme Court, gave Manhattan prosecutors permission to pursue Trump's financial records. I'm not sure they needed his permission after that, it was just a matter of time. Once they were released, it was just a matter of time before they would leaked.
So your argument is that Trump is like the Clintons? That should go over well with conservatives, because we know how much they love and respect Bill and Hillary.
So, Trump spent decades building businesses, hiring workers, selling merchandise, and countless activities that filled state and federal treasuries with tax dollars. Joe Biden spent 47 years withdrawing money from the treasury. Trump’s personal tax contribution is really irrelevant in compassion to all the economic good he added.
The trouble, for me, is that he often declared bankruptcy & did not pay all the workers or subcontractors. Can we say Sleazy!! Not paying a person a wage they earned, is the lowest of the low. That is not filling state tax chests.
He's been audited every year for at least the last 17 years. He's "believed to take seventy something" for each of those 17 years??
Nice attempt at lying about it.
One specific tax deduction which appears to have been incorrectly taken as it requires that you have no income or benefit from a business you walk away from was worth 76 million if I recall correctly. And theyre pointing to that and saying "give us back our 76 million plus interest". Fairly reasonable. But a good example of how much he was gaming the system. For him this was a 76 million dollar loan that he could spend money to fight about.
The guy got a huge windfall from his inheritance, and has managed to lose most of it. Made almost half a billion from the apprentice...but was losing money everywhere else. What a nightmare of a story. non stop chaos all throughout his career. Its nuts. Hes done nothing but make everything harder for everyone else in the hopes that they will give in and he will benefit by moving the debris around. Just pouring money into things like the doral which no one is expecting to ever be profitable.
So, where inthe taxes does it show Trump got billions from Russia? Huh? I mean that was the entire retarded reason libs were whining about why Trump had to release them...so libs....show us!
He's been audited regulzrly. If he was doing something illegal, it would have come out well before now, by the IRS charging him
You really are trying hard to believe in your man. Bless your heart.
Quote:
The $72.9 million refund has since become the subject of a long-running battle with the I.R.S.
When applying for the refund, he cited a giant financial loss that may be related to the failure of his Atlantic City casinos. Publicly, he also claimed that he had fully surrendered his stake in the casinos.
But the real story may be different from the one he told. Federal law holds that investors can claim a total loss on an investment, as Mr. Trump did, only if they receive nothing in return. Mr. Trump did appear to receive something in return: 5 percent of the new casino company that formed when he renounced his stake.
In 2011, the I.R.S. began an audit reviewing the legitimacy of the refund. Almost a decade later, the case remains unresolved, for unknown reasons, and could ultimately end up in federal court, where it could become a matter of public record.
So, Trump spent decades building businesses, hiring workers, selling merchandise, and countless activities that filled state and federal treasuries with tax dollars. Joe Biden spent 47 years withdrawing money from the treasury. Trump’s personal tax contribution is really irrelevant in compassion to all the economic good he added.
What about all the contractors he’s stiffed? Ruining some of their businesses?
Or the investors who’s money he’s lost? Remember when he tried taking a company public... he walked away with 50 mil and a lot of people lost their money.
Quote:
Originally Posted by Scooby Snacks
I'm curious how NYT found out about it. Who told them this information? How did they locate these tax returns or business records?
Probably somebody with access to them he pissed off.
Trump is not in office to try to solve the financial problems of the US, he is trying to solve his own.
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