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86% of Americans distrust the mainstream news media...like the New York Times.
Fake news like this is why.
And, hypothetically, what if Trump paid 0$ in taxes, but broke no laws according to the IRS...then so what?
If a person legally pays 0$ in taxes, its a non-story. If you don't like it, change the tax code.
You’re a Trump supporter, and I can’t stand Trump, but I agree with the bolded.
I think a lot of the people who whine about this issue are at least partially whining because they haven’t bothered to do their best to maximize all of the legal tax deferral, etc. strategies available to them personally.
If Trump hadn’t promised to release his returns (thus garnering the votes of people to whom saying he wouldn’t release them would be a deal breaker) I would say that his returns are none of anyone’s business. A 40+ year ‘custom’ does not equal a requirement. IOW, the only reason I agree with a lot of liberals and progressives that he should release them is because he promised that he would.
Didn't Warren Buffet at one time pay no taxes? He is definitely more wealthy than Trump. I think he supports liberal causes though, so he gets a pass, I guess.
Quote:
Originally Posted by Oklazona Bound
No.
Warren Buffett to Trump: 'I have paid federal income tax every year since 1944'
On Monday, Buffett said that in 2015, he reported an adjusted gross income of $11.6 million and took close to $5.5 million in total deductions. The majority of those (nearly $3.5 million) reflected allowable charitable contributions.
He went on to say that he paid nearly $1.9 million in federal income taxes last year. That gives him an effective federal income tax rate of about 16%.
Buffet paid $1.9 million in 2015 and Trump paid $0. Maybe Donnie needs to go on welfare because his income is so low compared to his expenses. Poor, poor Donnie.
Quote:
Originally Posted by S6T1R
Kudos to Don for having smart accountants - he is an incredibly savvy and charismatic businessman.
His accountants are smart? If that's true, then why are his taxes being perpetually audited? Why is it that Donnie's tax returns have to be audited forever but Warren Buffett's don't have that problem?
Do you still believe that Donnie is an incredibly savvy and charismatic businessman who hires smart accountants, or do you want to reconsider?
You’re a Trump supporter, and I can’t stand Trump, but I agree with the bolded.
I think a lot of the people who whine about this issue are at least partially whining because they haven’t bothered to do their best to maximize all of the legal tax deferral, etc. strategies available to them personally.
If Trump hadn’t promised to release his returns (thus garnering the votes of people to whom saying he wouldn’t release them would be a deal breaker) I would say that his returns are none of anyone’s business. A 40+ year ‘custom’ does not equal a requirement. IOW, the only reason I agree with a lot of liberals and progressives that he should release them is because he promised that he would.
His murky finances DO matter. It's a matter of national security. If he's beholden to foreign entities that could make him a victim of blackmail and/or affect how his administration treats those nations.
For example, currently, Trump is brokering with Turkey about some licensing fees. How does that influence his treatment of Turkey and Turkey's dictator?
A lot of people really amped up in this thread. I hope you aren’t disappointed once again.
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