NYT: Trump paid no income taxes in 10 of past 15 years

That’s what you’ve been told by trump, but it isn’t true. I challenge you to find five reports by CNN about trump that hav been proven to be materially factually wrong. I’ll give you the one about the Churchill bust being removed (they later retracted), so that leaves four. They produce several stories every day so it should not be difficult.

Not opinion pieces, factual news stories.

 

So if what Trump did wasn't illegal what's the problem?

 

1 Many Americans will care if he lives a billionaire lifestyle but pays less in taxes than they do. It undercuts his lie that he cares for average people
2 His loans would prevent him from getting a security clearance for virtually any job in the federal government that requires a security clearance. He is a risk. As president that risk is magnified.

 

prove they made their$$ from phony book sales......that's a laugh. Don't know any remarkable thing Biden has done worth reading about, other than getting filthy rich in 47 years of so called 'public service".

 

This is why I hate our phony tax system. Government lawyers and lobbyist design it and citizens have to hire lawyers to understand it. Crooked politicians use it to confuse the people and turn them against each other. It should be simple enough we understand it clear as day. The money spent on lawyers alone would really sweeten the government revenue.......but we don't. We make it complicated due to our fallen nature. You can't come out of the blue and blame Donald Trump for that. He has been a part of "government " for 3-1/2 years. Drain the Swamp! Biden has been a 47 year "SWAMP CREATURE"!!

 

Ah, then good on him!

 

It’s public record

 

Nixon wasn’t caught by the irs lol
How many so far? Lol

 

That people claim he did

 

It’s on his tax returns

 

We always run into this paradox when talking about the tax burden, Paul. People like me bitch that there are WAY too many shelters, loopholes, deductions, etc., in the U. S. Tax Code for the big-rich, and my opponents shoot back that in spite of all these write-off's, the big-rich pay the most taxes -- by far! Both observations are true.... Nobody wants to pay one penny more in taxes than he has to!

I look at it this way: https://www.biblegateway.com/passage/?search=Luke+21:1-4&version=NASB

No, I'm not trying to 'evangelize' -- rather, I'm trying to point out that "giving" from a position of immense ABUNDANCE is relatively easy... but giving far less from an American middle-class paycheck-to-paycheck reality is much more difficult. And in the case of government taxation, it is much less FAIR.

 

But the average citizen does understand that someone wealthy enough to drop 70 g's on hair cuts better damn well be paying more taxes than the person cutting his hair.

 

GTOOH! I'm not even close to being wealthy and I payed more in 1 paycheck than trump paid in 2016. It IS outrageous. There is no defense. If the system allows it then the system is broken.

 

What’s the problem?

“Honest people have nothing to fear”

Thus, Trump’s desperate attempts to hide his returns.

 

You don't know that because you only know cherry-picked out of context numbers the NYT in cahoots with the Biden campaign is leaking. How much loss carryover did you have in 2016? How much expense write off did you have? Exxon and Amazon paid little if any that year because of LEGAL writeoffs to income like building a new warehouse and buying new trucks and previous losses, Amazon BTW is not a highly profitable company people don't buy it's stock for income they buy it for growth. And guess what people consider them very successful companies.

 

You forgot the 8th reason. They are bad at business.

Which is it? Either Trump is not a good businessman, undercutting his chief argument to be president. Or he's a tax cheat. My money is on both obviously but you have to pick at least one based on the evidence at hand.

Of course he could refute all of this, if it's untrue, by releasing his tax returns. The fact that he hasn't tells you the Times is accurate.

 

I agree they don't understand business and business expenses and how they relate to profits and taxation. That is why all the hair on fire hyperbole about Trump's very complicated tax returns with the NYT in cahoots with the Biden campaign are being cherry-picked for numbers that the uneducated in the matters will fall for.

 

Do you have proof of this "cahooting?" Just because they wrote an accurate story making your guy look bad is not evidence.

How much loss does Trump have? I thought he was successful? Successful businesses don't have losses.

And if all his write offs are legal, then why wouldn't he refute the Times article by releasing his tax returns?

 

Are these companies all bad at business?


https://www.usatoday.com/story/mone...-profitable-companies-paid-no-taxes/81399094/

 

Within 1 hour the Biden campaign was broadcasting highly polished professionals attack ads about it citing the numbers and in particular the $750 number. You don't slap those together in just one hour.

See above, yes they can have net losses after taxes and expenses, quite common. You are a perfect example of why he should not release his tax returns, the average citizen has no idea about business income and taxation and out complicated tax system and such complicated filings.

 

You know most people do understand what's fair and what's not. You or I don't have to be tax experts to get that if someone makes hundreds of millions of dollars by leveraging society and it's infrastructure, they should pay a higher share of supporting those mechanisms, not a lessor one.

 

Not necessarily. It depends on WHY they are losing money. I can, with confidence on many of those publicly traded companies, understand their reported losses. Some ARE probably poorly run, sure. Do you think they are all expertly run? Based on what evidence?

Trump REFUSES to release his tax returns to counter the Times story. Therefore, by the available evidence, he's either a horrible businessman, a crook, or both.

 

I think they do actually. But there again, coincidence isn't evidence. You are drawing a conclusion. Putting together ads with nothing but a narrator and some graphics is pretty quick. More over, this isn't a new attack on Trump so perhaps they had one in the can and just made a few edits. There are more plausible explanations than just the one you offered.

See my reply on above on why you aren't correct to use this list as a defense. Those companies, mostly, are public and thus release all of the data necessary for investors to understand those posted losses. Trump refuses and instead asks you to take his word. And YOU do, for some reason. You trust a known and proven in court con artist and failed businessman over evidence of who he is. Why?

 

Sorry I didn't forget nor did I compose the link. Feel free to contact the site admins there and have them amend it!

https://medium.com/swlh/7-reasons-the-rich-dont-pay-taxes-57f6f7a4e208

 

I don't disagree with too much of your link. Trump doesn't do much of those things. How many contractors, who employ middle class people, has he stiffed? His company isn't a huge employer by other's standards. So I think he owes society more than 750 bucks. You may disagree with my conclusion, but without his full tax returns, it's hard to argue he paid enough based on the evidence we have via the Times.