Trump's tax returns

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

  1. ronv

    ronv Well-Known Member

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    Correction.
    Cohen was paid by the Trump organization, not out of campaign funds. So the fact that Cohen pled guilty to campaign violations pretty much ices it as a campaign cover-up issue.

    The Trump foundation has been investigated, fined and shut down.
     
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  2. fmw

    fmw Well-Known Member

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    Now it's time for the Clinton foundation.
     
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  3. Nemesis

    Nemesis Well-Known Member

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    You're making a bogus argument. He lied that he would release his returns, and used a nonsensical argument that he couldn't because he was "under audit". For how many freaking years is he under audit?

    It's customary and normal from candidates to release their returns; he lied that he would, reneged on his promises, and now flatly refuses to do so because he has something to hide.

    A court has ordered his accounting firm to release his returns for the last 8 years. His accounting firm will have no choice but to comply. Moreover, the suit based upon federal law is still hanging over his head; he'll lose that one too.

    This has nothing to do with "hate". It has to do with transparency to the American people for the voluntary release of his returns, and with his accountants' compliance with the law.

    Open your eyes.
     
  4. Collateral Damage

    Collateral Damage Well-Known Member

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    Exactly what do you think his tax returns will show? There isn't a line on there for deducting bribes and extorsion. Best you might see is a couple of K-1s that show their tax basis. Do you think the Russians issued a K-1? That must be it....

    I don't care what his Tax returns show, and honestly, there isn't much to be seen. About the only thing you will see is what $$ he paid in taxes to the Federal Government. Apparently that gives a number of people a jolly, or basis for more pointless 'But he...' fill in the blank.
     
  5. Nemesis

    Nemesis Well-Known Member

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    You don't know what's in there.

    But it does raise the issue about why he's fighting to prevent them from being released.
     
  6. Robert E Allen

    Robert E Allen Banned

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    After what the Democrats have done to him. I'd refuse to turn them over too. Open your eyes he is innocent until proven guilty and he does not owe you his tax returns.
     
  7. Collateral Damage

    Collateral Damage Well-Known Member

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    Actually, I am very acquainted with tax returns of individuals involved with multiple businesses, but think what you will.

    Once again, if you were knowledgeable on the subject of corporate taxes, flow through entities, and trusts, they will be looking at K-1s. They might ask for the returns of the entities that produced the K-1s, but those are not Trumps personal tax returns, and at that point, it does become a fishing expedition.

    For the sake of argument, lets say his tax return only shows that he paid $1,000 in federal taxes, but did so using legal loopholes and GAAP methods of differing income and taxes. What would your reaction be?
     
  8. Nemesis

    Nemesis Well-Known Member

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    What have they "done to him"?

    The returns have to do with transparency, not his "guilt or innocence". I've explained this to you multiple times, so start to read and comprehend,
     
  9. Nemesis

    Nemesis Well-Known Member

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    I'm a small business owner, and have been for decades.

    I sort of doubt that you have my legal and business experience.

    And, no, it's downright silly for Bonespurs to yammer on about how "transparent" he is when he hides the ball at every opportunity.
     
  10. Nemesis

    Nemesis Well-Known Member

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    *rolling eyes*
     
  11. Ernest T.

    Ernest T. Newly Registered

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    Nobody wants their tax forms made public. I'm not sure, but I think team Trump is going to the Supreme Court over this. His tax forms might reveal some bankruptcy claims, but that doesn't mean he wasn't a shrewd businessman. Look what he's done with China. He's gotten them to "clean up their act." with the result being a booming economy. Things are good....for now.
     
  12. Collateral Damage

    Collateral Damage Well-Known Member

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    Small business tax returns, are not the same as corporate and multi entity returns, flowing through to an individual. Doubt as you will, but if you do have legal and business experience at the level that Trump's organizations do, then you would understand that what 'you' are looking for, isn't there.

    Who cares if he 'yammers' on about how transparent he may be - does that give 'you' the right to see his private documents? Personally I think the whole thing is nothing but petty assed BS. You don't go hunting through someone's documents to find something illegal, you do it when you know what happened, and need to validate it. There has been no 'crime' committed, it's all a show of power, just because he said no.

    If Trump committed a crime, they won't be finding it in his tax documents. He may be an egotistical twit, but he isn't stupid.
     
  13. LangleyMan

    LangleyMan Well-Known Member

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    They think Trump is a crook running a con and we may find something in his taxes.
     
  14. LangleyMan

    LangleyMan Well-Known Member

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    He (and we) have no right to see Trump's tax return.
    Okay. So what? You don't get to see Trump's tax return.
    Probable cause is the test. Proof is not required.

    You know this because...?
    They might find evidence of an underlying crime in his returns. I don't think so, but you never know.
     
  15. Robert E Allen

    Robert E Allen Banned

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    It's not in his job description to be transparent about his personal life
     
  16. Robert E Allen

    Robert E Allen Banned

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    So it's a fishing expedition?
     
  17. After-Hour Prowler

    After-Hour Prowler Banned

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    I would rather see what goes on with their slush fund.... aka - Clinton Foundation
     
  18. LangleyMan

    LangleyMan Well-Known Member

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    Don't know--maybe they have an indication of something. Maybe not.
     
  19. Wrathful_Buddha

    Wrathful_Buddha Well-Known Member

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    I'm sure the returns are legit, but the dems will produce witnesses or whistle blowers to give their own interpretation.
     
  20. Robert E Allen

    Robert E Allen Banned

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    Bad answer. Unconventional to investigate without probable cause.

    People have the right to be secure in their persons and papers.
     
    Last edited: Nov 7, 2019
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  21. ronv

    ronv Well-Known Member

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  22. ronv

    ronv Well-Known Member

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    That's what Manafort said. :)
     
  23. LangleyMan

    LangleyMan Well-Known Member

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    They have warrants, so some thinks they have probable cause.
    Except women who seek an abortion? :(:(
     
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  24. Robert E Allen

    Robert E Allen Banned

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    Women seeking to kill their babies you mean?
     
  25. Hairball

    Hairball Well-Known Member

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    I'd surmise that what Trump's tax attorneys are afraid of is that if the returns are made public, then it will lead to a shitload of media and public pressure on the IRS tax auditors to become much more aggressive negotiators.

    It's difficult enough to negotiate with them without outside interference. Especially if it's likely that the interference would undoubtedly involve masses of unstable TDS crazies camped out on the auditors' lawns harassing and threatening their families.
     
    Last edited: Nov 7, 2019

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