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re: New Talking Point: DRUMPF only paid $750 in taxes in 2016 and 2017

Posted on 9/28/20 at 11:00 am to
Posted by bigDgator
Dallas, TX
Member since Oct 2008
42191 posts
Posted on 9/28/20 at 11:00 am to
quote:

In response to a letter summarizing The Times’s findings, Alan Garten, a lawyer for the Trump Organization, said that “most, if not all, of the facts appear to be inaccurate” and requested the documents on which they were based. After The Times declined to provide the records, in order to protect its sources, Mr. Garten took direct issue only with the amount of taxes Mr. Trump had paid.


This is all I need to know.

Anyone who gives this more than 2 seconds thought is wasting their time. As corrupt as the Dems are now, I am good with anyone who is conservative breaking the law. I am ready to get down in the mud with you fricks and beat you senseless.

Proverbially speaking of course.
This post was edited on 9/28/20 at 11:02 am
Posted by CaTiger85
Member since Feb 2020
1394 posts
Posted on 9/28/20 at 11:00 am to
quote:

Correct. He just based his campaign on business skills that would translate to governing skills, but it turns out he doesn’t have skills in business aside from branding and self-promotion which in office have translated to demagoguery.


I have yet to see a single post from you in this thread that isn’t pure speculation. It’s pretty pathetic. Let me guess. You believed in russiagate and that the fisa warrants were legit? Have I summed up your stupidity correctly?
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 9/28/20 at 11:22 am to
quote:

I'm of the belief that billionaires should pay more taxes than my house secretary.
How's that bait taste?
This post was edited on 9/28/20 at 11:23 am
Posted by danilo
Member since Nov 2008
20523 posts
Posted on 9/28/20 at 11:25 am to
quote:

He didn't make any money, he donated his entire paycheck.


quote:

He had paid no income taxes at all in 10 of the previous 15 years

Generous guy. Been donating for many years . Even before he was in office
This post was edited on 9/28/20 at 11:26 am
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 9/28/20 at 11:45 am to
quote:

And I don't like it that 47% gets a free ride.

When they start paying anything I might worry what a rich guy pays


I'm not in love with that either. The rich guys collectively have more money those 47% collectively though. If both sides are skating on taxes, guess who picks up the tab?
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 9/28/20 at 12:05 pm to
quote:

The rich guys collectively have more money those 47% collectively though.
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 9/28/20 at 12:16 pm to
Thanks for posting this. The chart you posted along side the one below buttresses my point.





The folks on the far right in the chart represent a remarkably outsized portion of aggregate income and wealth but taxes. I think this suboptimal.

Posted by songbird
Member since Sep 2017
38 posts
Posted on 9/28/20 at 12:31 pm to
Long Way from LA. You are wasting your breath. The only thing you learn from this forum is how the echo-chamber thinks.
Posted by Vacherie Saint
Member since Aug 2015
39753 posts
Posted on 9/28/20 at 12:39 pm to
No shite. Remember when we already did this exact narrative? I believe it was Warren Buffet and his lowly secretary pulling down a quarter mil per year.
Posted by NPComb
Member since Jan 2019
27570 posts
Posted on 9/28/20 at 12:56 pm to
#WhereIsTheActualTaxForm
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 9/28/20 at 12:58 pm to
quote:

The chart you posted along side the one below buttresses my point.
It does no such thing. It shows “the rich” (“millionaires and billionaires”) do not have the majority of taxable income.

Your chart hand waves about wealth. Which is silly, since we don’t (for damn good reasons) tax wealth.

quote:

I think this suboptimal.
Why?
This post was edited on 9/28/20 at 1:00 pm
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 9/28/20 at 1:08 pm to
quote:

Long Way from LA. You are wasting your breath. The only thing you learn from this forum is how the echo-chamber thinks.


I dunno. There is definitely that going on here. There are folks who see the world entirely through a defend Trump / attack libs frame. There are however some sharp folks on here that I might totally disagree but they have a reasoning for their positions. If I don't engage with them, then I'm in echo chamber myself, you know?
Posted by Turbeauxdog
Member since Aug 2004
23387 posts
Posted on 9/28/20 at 1:12 pm to
quote:

dunno. There is definitely that going on here. There are folks who see the world entirely through a defend Trump / attack libs frame. There are however some sharp folks on here that I might totally disagree but they have a reasoning for their positions. If I don't engage with them, then I'm in echo chamber myself, you know?



The idea you can position yourself as an arbiter of what is reasonable is hysterical based on your posting.

Posted by bluedragon
Birmingham
Member since May 2020
6996 posts
Posted on 9/28/20 at 1:17 pm to
The so called "Experts" apparently got their wish (fiction) and cannot put a finger on the column that says "Payoffs for Strippers" Cannot put a finger on the column that says "Overrated Value on properties" "Cannot put their finger on the column that says "Payoffs from the Russians"

Now, let's do Biden's tax returns ......Wonder how much he got from his share of the cash to Iran? What is Hunter passing to him from Ukraine and China? Did he get anything out of Uranium One? Maybe The Clinton Foundation? Let's not forget the payoffs to Health Insurance Companies for the "Affordable Care Act"

The Nancy BS about the 400 million in debt was already explained in 2016. Real Estate loses that were rightly claimed. But considering that Nancy downs four scoops and breaks Hairdressing shut down laws ....while forgetting past details. Nancy is an idiot.
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 9/28/20 at 1:21 pm to
quote:

It does no such thing. It shows “the rich” (“millionaires and billionaires”) do not have the majority of taxable income.


But they do have the bulk of the wealth and actual income. That such a large portion of their income is not taxable is exactly what I'm complaining about. That's a choice; Congress could just easily not allow for cut-away that allow the rich to pay less. I do not believe it is a good one.



quote:

Your chart hand waves about wealth. Which is silly, since we don’t (for damn good reasons) tax wealth.

Suffice to say, I disagree with this. Gotta tax something, why not wealth? More specifically, this is a choice we're making that preferences the wealthy and there's no good reason that we take it as a given that God ordained that choice.


quote:

quote:
I think this suboptimal.
Why?


Because it inevitably increases the tax burden of the middle class. If we're going to have a situation where most of the money is concentrated, then tax responsibilities should be a part of the reality as well.

I suppose my bottom line is that our government pays for a lot of stuff and neither party, when rubber hits the road, has ever been particularly interested in paying for less stuff. So it is about which class should pay more for the stuff we want to buy, it really is a zero sum game between the poor, the middle class, the rich, the super rich (who are getting richer) and nobody because we don't care about deficits. I think the rich and super rich should take on the burden. Who do you think should?
This post was edited on 9/28/20 at 1:34 pm
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 9/28/20 at 1:27 pm to
quote:

quote:
dunno. There is definitely that going on here. There are folks who see the world entirely through a defend Trump / attack libs frame. There are however some sharp folks on here that I might totally disagree but they have a reasoning for their positions. If I don't engage with them, then I'm in echo chamber myself, you know?


The idea you can position yourself as an arbiter of what is reasonable is hysterical based on your posting.


For instance, this lady here clearly falls into the defend Trump / attack libs frame. She doesn't read carefully enough to note that I hadn't positioned myself as arbiter of what it reasonable but rather noted that there are some people who I disagree with who can make cogent points about their positions and others who have nothing to add but incoherent attacks. She falls into the latter...
Posted by longwayfromLA
NYC
Member since Nov 2007
3331 posts
Posted on 9/28/20 at 1:31 pm to
quote:

The so called "Experts" apparently got their wish (fiction) and cannot put a finger on the column that says "Payoffs for Strippers" Cannot put a finger on the column that says "Overrated Value on properties" "Cannot put their finger on the column that says "Payoffs from the Russians"


What does this have to do with anything I've written?

quote:

Now, let's do Biden's tax returns ......Wonder how much he got from his share of the cash to Iran? What is Hunter passing to him from Ukraine and China? Did he get anything out of Uranium One? Maybe The Clinton Foundation? Let's not forget the payoffs to Health Insurance Companies for the "Affordable Care Act"

What does this have to do with anything I've written?

quote:

The Nancy BS about the 400 million in debt was already explained in 2016. Real Estate loses that were rightly claimed. But considering that Nancy downs four scoops and breaks Hairdressing shut down laws ....while forgetting past details. Nancy is an idiot.

What does this have to do with anything I've written.


You're like a comical example of who sees the world entirely through a defend Trump / attack libs frame. As I've said a number of times already. If you read what I've written on this thread you'll note that the first sentence I wrote was that my assumption is that Trump did nothing illegal. And the second sentence I wrote is that my issue isn't about Trump at all but rather our current tax paradigm and then every subsequent post has been about our current tax paradigm and not Trump. So what are you even talking about?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 9/28/20 at 1:33 pm to
quote:

Gotta tax something, why not wealth?


Because you can't. How do you tax an illiquid asset with no daily value?
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69494 posts
Posted on 9/28/20 at 1:35 pm to
The United States has a very progressive income tax structure, at least compared to Europe

The point I think you are failing to grasp is this:

There are so many more households making 50-100k than 400+k, that a small tax increase on the former will bring in way more revenue than a big increase on the latter

European nations fund their healthcare and other systems by VATs, and high marginal rates that kick in at low income levels
Posted by fallguy_1978
Best States #50
Member since Feb 2018
49138 posts
Posted on 9/28/20 at 1:38 pm to
What's he supposed to do, pay more taxes than the law says he owes?
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