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re: New Talking Point: DRUMPF only paid $750 in taxes in 2016 and 2017
Posted on 9/27/20 at 5:11 pm to Malik Agar
Posted on 9/27/20 at 5:11 pm to Malik Agar
Only stupid people will not understand this.
Posted on 9/27/20 at 5:12 pm to Keltic Tiger
quote:
How much did Biden pay? Should be an obligatory follow up report. Obama? PELOSI ?
I’m more interested in Hunters tax returns.
Posted on 9/27/20 at 5:12 pm to Aliasau
quote:
If true that son of a bitch is even smarter than I thought he was. MAGA
It’s not him doing it. It’s whoever he hired.
Posted on 9/27/20 at 5:16 pm to Malik Agar
quote:
New Talking Point: DRUMPF only paid $750 in taxes in 2016 and 2017
They still don't get that we don't care about his taxes.
Posted on 9/27/20 at 5:16 pm to deathvalleytiger10
quote:
They write the tax code and then hate when someone follows it.
That's when I knew he would win. They called him out on it and instead of hemming and hawing like all these full of shite politicians he said, "that doesn't make me a crook it makes me smart" in regards to taking advantage of the tax laws.
Love the balls on this guy.
Posted on 9/27/20 at 5:17 pm to deathvalleytiger10
quote:
They write the tax code and then hate when someone follows it.
Assuming that he's followed the law, which we should because I haven't seen evidence to the contrary, do you think it's really a good thing that the law as written to so thoroughly advantage the really wealthy? This isn't really about Trump per se. Sub him out and sub in the billionaire of your choosing and the point is the same. Billionaires paying less than $1k in federal taxes is crazy.
Posted on 9/27/20 at 5:17 pm to Diseasefreeforall
quote:
He sold almost all his stocks 4-6 years ago to pay for losses from his golf clubs. That tells you all you need to know about his investing smarts.
Of course everyone's entitled to their own interpretation of everything, but I'm seeing a slightly different story. What I see is that he divested himself of stocks around that timeframe you cited in order to avoid conflicts of interest, or even the appearance of such. All of which makes much more sense than your interpretation. JMO
Fortune via Google
Posted on 9/27/20 at 5:20 pm to Seldom Seen
quote:
They still don't get that we don't care about his taxes
Yeah it’s all about owning the libs
Posted on 9/27/20 at 5:21 pm to longwayfromLA
quote:
Anyone who pays boatloads and shite tons of taxes (like me and my wife (no pics)) to the fricking IRS every year should be outraged.
You should be outraged at your CPA.
Posted on 9/27/20 at 5:21 pm to longwayfromLA
quote:
Assuming that he's followed the law, which we should because I haven't seen evidence to the contrary, do you think it's really a good thing that the law as written to so thoroughly advantage the really wealthy?
How many people in the political establishment make millions from their position of power? TigerDoc and Demshoes have no problem voting for the Feinstein's and Biden's of the world, along with every other establishment hack who have been politicians their whole lives but are somehow worth tens of millions of dollars. People going into positions of power to create their wealth is far more dangerous than wealthy people using the established law to maintain their wealth.
Posted on 9/27/20 at 5:21 pm to longwayfromLA
quote:
Billionaires paying less than $1k in federal taxes is crazy.
We dont pay federal taxes on our wealth or net worth.
Why is this so hard to understand?
Posted on 9/27/20 at 5:21 pm to Malik Agar
Of course he didn’t pay much taxes . Democrats don’t tax the rich with out giving them loop holes to get out of paying for it .
Posted on 9/27/20 at 5:24 pm to TigerDoc
How much taxes did Joementia pay on his Ukraine income ? ..... on his China income? ..... on his Latvia income?
Posted on 9/27/20 at 5:29 pm to longwayfromLA
quote:
do you think it's really a good thing that the law as written to so thoroughly advantage the really wealthy?
Now, that’s an entire different subject and far to complicated to give a thorough answer.
But, here u go with my thoughts
Income should not be taxed, consumption should, with no taxes on living expenses to survive(food, utilities, housing, gas, etc)
Job producers should get tax credits based on the jobs they create. Reward risk takers that provide jobs, the better paying the job, the higher the tax credits.
If we truly want equality, everyone should be taxed the same and rewarded when they contribute to the economy by risking their own capital.
Posted on 9/27/20 at 5:29 pm to cadillacattack
quote:
How much taxes did Joementia pay on his Ukraine income ? ..... on his China income? ..... on his Latvia income?
None of this matters to them. The never-Trump folks on this board will continue to hate Trump over this, but worship those in DC who use our warmongering, foreign aid, corrupt NGO's and "charitable" foundations run by politicians to fleece the American taxpayers out of billions of dollars. These are the lemmings brainwashed by our media who are no different than the North Korean masses.
Posted on 9/27/20 at 5:30 pm to Sooner5030
quote:
We dont pay federal taxes on our wealth or net worth.
Why is this so hard to understand?
If you read carefully you'll note that I didn't make an argument that we did. But there is quite a bit of history in the country taxing wealth that earns a return. Or perhaps the concept of a capital gains tax is hard for you to understand? Anyhow, it's not like dude is just sitting on his money; he has dozens of active businesses from which he acquires cash. If current laws allow him to drive his tax responsibility to zero, he should pay exactly zero. But such a system is lopsided and should be changed.
Posted on 9/27/20 at 5:33 pm to deathvalleytiger10
quote:
But, here u go with my thoughts
Income should not be taxed, consumption should, with no taxes on living expenses to survive(food, utilities, housing, gas, etc)
Job producers should get tax credits based on the jobs they create. Reward risk takers that provide jobs, the better paying the job, the higher the tax credits.
If we truly want equality, everyone should be taxed the same and rewarded when they contribute to the economy by risking their own capital.
I appreciate the response. The way that would play is that tax liability for really rich people would go down dramatically as compared to today and would go up for everyone else equally as dramatically. I don't think that dogs going to ever hunt.
Posted on 9/27/20 at 5:33 pm to deathvalleytiger10
Why is it so hard to understand he has had zero income the last 4 years. He donates it all. Taxes aren’t on your net worth it’s on your INCOME for that year.
Posted on 9/27/20 at 5:33 pm to cadillacattack
Trump and Trump Corp is under a continual audit process. The IRS has apparently been satified with results for over ten years.
The only people at the NYT that know how read the return would be the firm that handles the NYT Corporate taxes.
Someone needs to go to jail. The half assed Prosecutor in the southern District of NY for ignoring the Jusge's orders and leaking returns, (if the NYT actually has them) or, someone at the IRS.
The only people at the NYT that know how read the return would be the firm that handles the NYT Corporate taxes.
Someone needs to go to jail. The half assed Prosecutor in the southern District of NY for ignoring the Jusge's orders and leaking returns, (if the NYT actually has them) or, someone at the IRS.
Posted on 9/27/20 at 5:35 pm to longwayfromLA
quote:
But such a system is lopsided and should be changed.
1. Why? Because you’re able to utilize business losses to offset business income? Why should someone pay taxes if they haven’t generated net income?
2. Biden participated in drafting most of those laws.
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