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CNN has him now: Trump paid no federal income tax in his last year as president

Posted on 12/21/22 at 8:02 am
Posted by TideSaint
Hill Country
Member since Sep 2008
75908 posts
Posted on 12/21/22 at 8:02 am
quote:

And once again, in 2020, as the pandemic raged on, Trump reported a gigantic loss of nearly $5 million. He paid $0 in federal income taxes that year.


I'm glad our legislators spent millions and millions of tax payer dollars to bring us this ground breaking announcement.

Who knew you didn't have to pay income taxes if you didn't earn money?
Posted by The Maj
Member since Sep 2016
27265 posts
Posted on 12/21/22 at 8:03 am to
quote:

Who knew you didn't have to pay income taxes if you didn't earn money?


These idiots do not understand the difference in individual taxes and business taxes...
Posted by SingleMalt1973
Member since Feb 2022
12238 posts
Posted on 12/21/22 at 8:04 am to
Trump also never took his salary when he was in office. I am sure that was reported as well.
Posted by GumboPot
Member since Mar 2009
119152 posts
Posted on 12/21/22 at 8:04 am to
CNN demands you pay income taxes on money you don’t make.
Posted by Azkiger
Member since Nov 2016
21833 posts
Posted on 12/21/22 at 8:04 am to
quote:

These idiots do not understand the difference in individual taxes and business taxes...


They know, they just lie.
Posted by dstone12
Texan
Member since Jan 2007
30547 posts
Posted on 12/21/22 at 8:05 am to
Pretty sure he did not take a salary while president.
Posted by LB84
Member since May 2016
3383 posts
Posted on 12/21/22 at 8:05 am to
Hasn't it already been reported that his net worth went down while in office? Liberals just think anyone who has more than me should have to pay a ton of taxes even if they lost more in a year what I would ever make.
Posted by oldskule
Down South
Member since Mar 2016
15488 posts
Posted on 12/21/22 at 8:06 am to
DEMLIBS think it is cool to pay lots of taxes....transfer of wealth! LOL

Posted by ksayetiger
Centenary Gents
Member since Jul 2007
68418 posts
Posted on 12/21/22 at 8:06 am to
quote:

These idiots do not understand the difference in individual taxes and business taxes...


Yes they do.

That is why we can't see bidens business tax returns. He released his personal ones but not his money laundering ones
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
40397 posts
Posted on 12/21/22 at 8:06 am to
Trump should have taken his presidential salary so he could pay his taxes.
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
6150 posts
Posted on 12/21/22 at 8:07 am to
Didn't he give away his presidential salary?

You have to love the Democrat duplicity..."He's not as rich as he says he is"..."He's just a front man and isn't a real investor"..."His real estate projects failed"..."Trump University"...

He didn't pay any taxes! [/sky skreamer]

Which the F is it, you mouth breathing morons?

This post was edited on 12/21/22 at 11:32 am
Posted by Deplorableinohio
Member since Dec 2018
5652 posts
Posted on 12/21/22 at 8:07 am to
So tell me the legislative purpose these rat bastard whore Demorats have in mind to force the irs to turn over the Trump returns to them, and now their public release?
Posted by The Maj
Member since Sep 2016
27265 posts
Posted on 12/21/22 at 8:08 am to
quote:

They know, they just lie.


Eh, they don't technically lie, they just distort the truth to the point that the lemmings believe what they say and run with it...

Too many people in this country are too stupid to breathe much less vote...
Posted by LSUnation78
Northshore
Member since Aug 2012
12095 posts
Posted on 12/21/22 at 8:10 am to
Here is whwre we get reminded no one understands taxes.



Thankfully, we have 80k shiny new irs agents to teach everyone their mistakes
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 12/21/22 at 8:10 am to
quote:

CNN demands you pay income taxes on money you don’t make.

How else are we going to fund a bunch of welfare queens who are collecting tax returns on income they didn't make?
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 12/21/22 at 8:13 am to
quote:

Trump also never took his salary when he was in office.
wrong. He simply donated it to various causes.

Obviously, a person can do whatever he wants with his salary, but he still pays income tax upon it.

Perhaps it was offset by other losses.
This post was edited on 12/21/22 at 12:32 pm
Posted by ItNeverRains
37069
Member since Oct 2007
25698 posts
Posted on 12/21/22 at 8:21 am to
Only the US Gov would spent 50 million over 6 years to disclose a former POTUS had a 5M loss in 2020 and call it a win.
Posted by SUB
Member since Jan 2001
Member since Jan 2009
20990 posts
Posted on 12/21/22 at 8:23 am to
I still will never understand why how much somebody pays in income tax makes headlines. If they aren't doing anything illegal, who the hell cares? If you don't like how much they are paying, don't hate the player, hate the game that allows that to happen. If you don't understand the game, then shut the hell up!
Posted by Catchfalaya
Member since Feb 2018
1931 posts
Posted on 12/21/22 at 8:23 am to
Cool. But he paid hundreds of millions in payroll taxes, property taxes, trademark taxes, sales taxes, etc. boohoo no income tax. Give me a break
Posted by Mumbler
Emerald Coast
Member since Aug 2021
170 posts
Posted on 12/21/22 at 8:25 am to
You'd think CNN would be more knowledgeable about losing money.
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