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Started By
Message
re: CNN has him now: Trump paid no federal income tax in his last year as president
Posted on 12/21/22 at 1:54 pm to AggieHank86
Posted on 12/21/22 at 1:54 pm to AggieHank86
quote:
If you usually ARE one of the smartest in the room, just own it. It is liberating to not pretend being as stupid as everyone else.
If what you are is “liberated” I sure as frick don’t want that. An underachieving, self righteous douchebag who seems to always find himself defending leftist on a message board seems far from where I’d like to be in life.
Your extreme lack of humility obviously stems from being much less successful on a personal, professional, and spiritual level than so many of those you look down on. I feel sorry for how miserable you are.
0
Posted on 12/21/22 at 1:54 pm to AggieHank86
quote:
What do we know about the taxable income of his organization?
Didn’t find what you were looking for to feed your TDS?
Posted on 12/21/22 at 1:55 pm to BBONDS25
quote:Again, I am not suggesting that he either did or did not profit through his organization.
You mean from the TCJA? Maybe he got some nice tax treatment from signing that law? I guess that could be nefarious. Seems like quite a stretch.
I am simply pointing out that we have been discussing his personal returns, and do not know the answer to that question based upon that discussion.
Personally, I doubt that he did so to any great extent. I don’t see that as being his goal in seeking the presidency. We simply do not have any evidence in this thread, one way or the other.
“OMG, Hank is attacking the Trump Organization.” It is laughable.
This post was edited on 12/21/22 at 1:58 pm
Posted on 12/21/22 at 1:59 pm to BBONDS25
I wish the left showed HALF this interest in the Biden family's financial affairs. we might actually fix some real problems in DC
Posted on 12/21/22 at 2:08 pm to AggieHank86
quote:
OMG, Hank is attacking the Trump Organization.” It is laughable.
Not attacking. There is nothing to attack. It does appear as though you are searching for something, anything you can criticize trump for here.
If you were objective about this you would be saying “wow. Trump’s taxes are pretty dang clean. CNN looks silly”.
Posted on 12/21/22 at 3:04 pm to AggieHank86
quote:
Perhaps
Perhaps??
Posted on 12/21/22 at 3:18 pm to LB84
quote:
Hasn't it already been reported that his net worth went down while in office?
Yes. The only elected official in 30 years whose net worth decreased while in office.
Posted on 12/21/22 at 3:30 pm to The Maj
I wish I didn't. frick a K1
Posted on 12/21/22 at 3:35 pm to nwacajun
Cnn and the dems know the general public (this thread is exhibit a) knows nothing about how taxes work at Trumps level - Trump isn’t sitting at his Mac on turbo tax. He has the best accountants in the biz doing these. I run a biz and my tax guy’s number 1 Job is to help me pay as little tax as possible.
This post was edited on 12/21/22 at 3:35 pm
Posted on 12/21/22 at 4:33 pm to Vacherie Saint
quote:
shite, they want to tax you on that bedroom set you sold for 700 bucks on facebook marketplace!
I have told my adult kids to noftify their friends to NOT expect to file their taxes quickly this year. Them and their freinds use these aps to reimburse each other all the time...for picking up beer or a VRB rental. They are all going to have to somehow explain how these payments were not income.
Posted on 12/21/22 at 4:39 pm to AggieHank86
quote:
I was a bit surprised that the answer was not a clear "yes" or a clear "no." A solid "it depends."
As a part-time tax guy, I would say it is clearly not deductible as a charitable contribution. First, the IRS is not a 501c3. A payment to them could be deductible as a business expense only if he can claim that he is an independent contractor. I am certain that the president falls under the definition of an employee and not a contract employee. That said, they do establish their own hours and work schedule and how they do their work; however, they do not supply their own tools.
In my opinion, the only way he could avoid paying taxes on the salary he did not accept is to have HR change him to zero pay, showing nothing on a W2. Then again, would that then place the Executive Branch in violation of the minimum wage law.
Posted on 12/21/22 at 4:44 pm to AUauditor
The whole thing is a lie. Trump was a government official, Federal taxes were taken out before he got the money to donate to charity. No Federal taxes? C’mon….
Posted on 12/21/22 at 5:19 pm to AUauditor
Posted on 12/21/22 at 7:45 pm to Deplorableinohio
So for the one downvote, and more to come, GFY.
Posted on 12/21/22 at 7:48 pm to TideSaint
He donated his salary. I think the first donation was to the VA.
Posted on 12/22/22 at 10:06 am to RedHawk
If you read it right, you would understand CNN sucks. Sorry it's hard to comprehend. Maybe one day you will realize they report stories not news.
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