Trump's tax returns

Discussion in 'Latest US & World News' started by Poohbear, Nov 5, 2019.

  1. LangleyMan

    LangleyMan Well-Known Member

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    No, you get locked up for killing a baby.
     
    Last edited: Nov 7, 2019
  2. Robert E Allen

    Robert E Allen Banned

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    Well. We fundamentally disagree on the very idea of what abortion is. You ain't changing my mind and I'm not changing yours, lets not have that circular argument.
     
  3. fmw

    fmw Well-Known Member

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    Indeed. A few years ago I went through a 9 month audit. It ended with no tax due. That's fine except they did it again the following year with the same result. I was surprised when they stopped doing it the third year. Dealing with them is not easy.
     
  4. fmw

    fmw Well-Known Member

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    Not necessarily a lie. He said he would release them when the audit was over. The problem of course is that his company is large enough that it likely gets ongoing audits. In other words an endless string of "freaking years."

    That is akin to a high school girl telling her mother "Nancy's mother said she could go." It is stupid to make tax returns public.

    Bad court decision. Tax returns should be between the IRS and the tax payer. Weaponizing it is very bad idea.

    Actually it is all about politics.
     
  5. Polydectes

    Polydectes Well-Known Member

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    Well Trump has got to get you people in a fevered pitch screeching about it before he drops them and reveals there is nothing. Either he's a brilliant strategist at making you people look like idiots or...

    Let's look at all the nothing freak outs and laugh. Russia hoax, Stormy Daniels hoax, Kavanaugh rape hoax and now the Ukraine hoax.

    I hate to think the Democrats and the media destroy their credibility out of shear bullheaded rage but I'm not sure Trump is that good of a strategist.
     
  6. LangleyMan

    LangleyMan Well-Known Member

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    Uh huh. Trump lied when he said he would release his tax returns.
    No, good court decision. By law, Congress is entitled to see every tax return, no exceptions. If you don't like the law, change it.
    So what? It's still the law.
     
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  7. fmw

    fmw Well-Known Member

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    I would if I had the power to do so. Why ask me to do something that is impossible for me to do? What is the point?

    I consider weaponizing the law to be very bad for society.
     
  8. LangleyMan

    LangleyMan Well-Known Member

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    Ah, the latest Trump shuffle...
    • Trump or Trump Admin breaks the law
    • Citizens note Trump or Trump Admin broke the law
    • Trumpites claim the citizens are "triggered" and have TDS
    The act is wearing thin.
    Even the Orange Oaf has pretty much stopped using the "hoax" shtick. Time to get with the program.
    "Fevered pitch screeching" and "shear bullheaded rage"... uh huh.

    [​IMG]
     
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  9. LangleyMan

    LangleyMan Well-Known Member

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    Does the larger font help?
    Trump doesn't like obeying the law, ergo the law has been "weaponized."
     
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  10. fmw

    fmw Well-Known Member

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    Not even a little.


    I called it weaponized. No point in ascribing it to anyone else.
     
  11. BaghdadBob

    BaghdadBob Well-Known Member

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    The intent of disclosure to only certain committees is for legislative purposes with anonymity for the tax payer. In the 1881 case Kilbourn v. Thompson, the Supreme Court held that Congress can’t use its powers to delve into someone’s private financial matters unless there is a proper legislative purpose. In 1957, the Supreme Court held in Watkins v. U.S. that a congressional information demand must relate to a “legitimate task of the Congress” and noted that Congress is not a “law enforcement agency” that can seek information to uncover or expose crimes.

    Here's governing statute:

    https://www.law.cornell.edu/uscode/text/26/6103

    (f)Disclosure to Committees of Congress
    and Means of the House of Representatives, the chairman of the Committee on Finance of the Senate, or the chairman of the Joint Committee on Taxation, the Secretary shall furnish such committee with any return or return information specified in such request, except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.

    Secretary shall furnish him with any return or return information specified in such request. Such Chief of Staff may submit such return or return information to any committee described in paragraph (1), except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.

    and upon written request by the chairman of, a committee of the Senate or the House of Representatives (other than a committee specified in paragraph (1)) specially authorized to inspect any return or return information by a resolution of the Senate or the House of Representatives or, in the case of a joint committee (other than the joint committee specified in paragraph (1)) by concurrent resolution, the Secretary shall furnish such committee, or a duly authorized and designated subcommittee thereof, sitting in closed executive session, with any return or return information which such resolution authorizes the committee or subcommittee to inspect. Any resolution described in this paragraph shall specify the purpose for which the return or return information is to be furnished and that such information cannot reasonably be obtained from any other source.

    agents as the chairman of such committee or such chief of staff may designate or appoint, to inspect returns and return information at such time and in such manner as may be determined by such chairman or chief of staff. Any return or return information obtained by or on behalf of such committee pursuant to the provisions of this subsection may be submitted by the committee to the Senate or the House of Representatives, or to both. The Joint Committee on Taxation may also submit such return or return information to any other committee described in paragraph (1), except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.

    agents, designated or appointed in writing in equal numbers by the chairman and ranking minority member of such committee or subcommittee, to inspect returns and return information at such time and in such manner as may be determined by such chairman and ranking minority member. Any return or return information obtained by or on behalf of such committee or subcommittee pursuant to the provisions of this subsection may be submitted by the committee to the Senate or the House of Representatives, or to both, except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer, shall be furnished to the Senate or the House of Representatives only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.
     
  12. Enuf Istoomuch

    Enuf Istoomuch Well-Known Member

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    Once again, utter nonsense. Politicians making political statements to demonstrate their openness and honesty has always been a thing in the USA. There has never been a time when they were not doing so, even when they are lying about it. The tax return variation began with Nixon nearly a half century ago, and it caught Nixon owing $476,431 (about $2.5 million in today’s dollars). Nixon eventually paid the taxes but had he not released those returns, no one would have ever known about his corruption.

    If you do not want to live in an open society where politicians are held to account, there are plenty of other countries you can move to. I encourage you to either do so, or educate yourself on what it means to be an American Citizen.

    Here are instructions on how to quit being an American. There is a fee, so you best begin saving up now:
    https://en.wikipedia.org/wiki/Relinquishment_of_United_States_nationality
     
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  13. Polydectes

    Polydectes Well-Known Member

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    Trump not doing the crimes you accuse them of is a shuffle. Huh.
    because everyone knows they're hoaxes.
     
  14. Robert E Allen

    Robert E Allen Banned

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    What it means to be an American

    1. Uphold the constitution first and foremost and above everything else.

    2. Live freely

    3. Live with security against government intrusion

    4. Oppose all forces that oppose the constitution and oppose liberty and that are for government intrusion.

    5. Mind your own business and don't let others mind yours

    6. Innocent until proven guilty in a court of law

    7. Keep your friends close and your guns closer.

    8. Work hard

    9. Do what's right

    10. Love your neighbor as yourself.

    That's America.

    Tax returns are private documents, you have no right to Trumps private documents regardless what other presidents have done out of tradition.

    They have evidence Trump committed a crime and got a court order for his returns.

    It's Trump's right to fight that order until due process has reached it's end.

    You have no right to his private documents. And you should have no interest in them..


    That's being American..
     
  15. LangleyMan

    LangleyMan Well-Known Member

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    I ascribed it to you and suggested it appears you're taking your cue from Trump's comments.
     
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  16. LangleyMan

    LangleyMan Well-Known Member

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    Bottom line ... Congress will get the tax returns.
     
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  17. LangleyMan

    LangleyMan Well-Known Member

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    If you have acquired another citizenship, you can spend several thousand dollars in fees to renounce. That's not counting money for accountants to make sure you complied by filing FBARs etc. A Canadian friend with an American mother discovered he was a U.S. citizen. He knew his mother had American parents, but he didn't know she spent enough time in the U.S. when she was growing up that he, too, was an American even though he was born in Canada. It cost him thousands and thousands of dollars to renounce by the time he paid U.S. taxes and a few thousand just to apply to renounce.

    We ripped him off. Geez, the guy has never lived in the U.S. and seldom visits.
     
  18. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    If every other candidate jumped of the GW Bridge, Trump has to?
     
  19. Enuf Istoomuch

    Enuf Istoomuch Well-Known Member

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    So your approach is to completely ignore the facts at hand and pile on a lot of immaterial and besides the point spin doctoring. That is not a question, it is a factual observation of your approach here.

    Trump made the same promise over and over again. Below is a sampling I could find in a brief search, more could be found if anyone wants to invest time watching YouTube videos of interviews.

    He made the promise to release his taxes on a May20, 2014:


    Again on February 25, 2015:


    Again on October 4, 2015:
    https://abcnews.go.com/Politics/week-transcript-donald-trump/story?id=34187405

    Then on February 11, 2016:


    He promised again on January 24, 2016:
    https://www.nbcnews.com/meet-the-press/video/donald-trump-i-will-release-tax-returns-607836227723

    Said it on February 24, 2016:
    http://transcripts.cnn.com/TRANSCRIPTS/1602/24/acd.02.html?iid=EL

    It was February 25, 2016 when Trump began hedging on releasing his returns, claiming he could not do so when under audit. But there is no such law, nothing prevents releasing when under audit. Nixon was under audit when he released his and began this tradition. Releasing returns doesn't tell the IRS anything they do not already know because the IRS can review any return at any time anyway. Releasing a return is a political statement utilizing a completed document the IRS already has. Trump could release only the 1040 and Schedule A and it would answer many questions his own constant bragging has brought up. The great bulk of a large complex corporation's tax return is not required to fulfill his repeated promise.

    Instead he just keeps lying and spin doctoring.

    PS: Has nothing to do with the question at hand but on background I am politically independent, a lifetime gun owner, live in a Constitutional Carry State and carry everyday, You missed a few key duties and responsibilities of every citizen. I am on the same side of some issues as Trump but see him for what he is, false and incompetent, among other failings. My preference would be to remove Trump, put Pence in office and get a new VP (Republican of course) nominated and approved ASAP. I have no delusions that any such thing will happen.
     
  20. Robert E Allen

    Robert E Allen Banned

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    The facts are unclear as they almost always are in Washington DC. We know Trump is not of good character but thats not illegal or impeachable. If he committed a crime worthy of impeachment i agree with you. I just object to the assumption of guilt before due process has concluded. Until that time his tax returns regardless what he promised are private documents that none of us have a right to see.
     
  21. fmw

    fmw Well-Known Member

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    I ignore what politicians say. I only care what they do. I certainly don't take cues from them.
     
  22. NMNeil

    NMNeil Well-Known Member

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    Bottom line is that if there is any discrepancies on the tax returns either Trumps accounting firm or the IRS are to blame, not Trump, as he hired supposed professionals to do his taxes.
     
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  23. BigSteve

    BigSteve Banned

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    This is interesting, especially considering that we're dealing with impeachment.

    There is no legal requirement to release tax returns. There is, however, precedent.

    It would be fair, then, to say that while there's no legal requirement for the House to vote on an impeachment inquiry, as they did not do in the case of Trump, there is a precedent for it, because it's been done in the past.

    Anyone who believes Trump should release his tax returns, and also believes that the Democrats acted appropriately, is a hypocrite...
     
  24. Enuf Istoomuch

    Enuf Istoomuch Well-Known Member

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    You continue to ignore completely the facts. This is not a criminal case or a criminal prosecution. It is political. The standards are political, not criminal. Impeachment is not criminal it is political even if crimes are alleged. There are similarities in the process to a grand jury investigation but it is not that, it is a political process. If a Bill of Impeachment is passed by the House the trial in the Senate is also political. It has similarities to a criminal trial but it is not one. It is, again, a wholly political act even if crimes are alleged in the House's Bill of Impeachment. If the Senate convicts there is no punishment alike to a criminal punishment, the President simply loses his job, he gets fired, that's it. The rights and privileges are different and are 100% an AMERICAN concept.

    The words a politician speaks are his/her/its stock in trade. Every citizen is absolutely within their rights to expect and demand those words be lived up to. As such, because of repeated promises to release his tax returns the reality is that yes, everyone has a right to see them. The remedy for a broken promise is removal from office. Either via the normal election process or by impeachment in the House and Trial in the Senate.

    These are, again, AMERICAN ways. Enshrined in our Constitution. The failure of any American to comprehend them, to understand the differences between a criminal process and a political process, testify to failures in our educational systems NOT to anti or un-American practices.
     
  25. Enuf Istoomuch

    Enuf Istoomuch Well-Known Member

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    Not so. You are legally responsible for the entries on that tax return. If anyone were to make the argument to the IRS that an error is not their fault because an accountant, a tax preparer or tax software made a mistake the IRS would laugh at them. Wouldn't matter if it was a common citizen scraping by at minimum wage or one of these uber-wealthy elites. There is considerable case law on this point, you sign it, you are liable for any discrepancy. Doesn't mean you get arrested or go to jail for it, the vast majority of cases involve an administrative fine and paying the tax.

    But that is all besides the point. Trump made multiple promises to release his returns. He has since broken that promise and made up excuses for it.

    Bad Politician! No Cookie!
     

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