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re: New Talking Point: DRUMPF only paid $750 in taxes in 2016 and 2017
Posted on 9/27/20 at 7:40 pm to BigAppleBucky
Posted on 9/27/20 at 7:40 pm to BigAppleBucky
If you add his $400k salary that was donated to a government entity, it suddenly becomes $400,750 pretty quickly 
0
Posted on 9/27/20 at 7:52 pm to longwayfromLA
quote:
Or do you really believe that if a fair tax passed tomorrow, that would be the end of lobbyist seeking carveouts
If inacted as written, yes. However, our politicians will always seek ways to enrich themselves, as evidenced by our present day tax code.
Let me reverse this conversation. Do you think it is morally right to tax someone more just because they made a few dollars more than their neighbor?
Posted on 9/27/20 at 7:56 pm to Niccolo Machiavelli
quote:
Relitigating the same shite that failed to bring down Trump in 2016 isn’t going to magically work this time. I gotta give you libs credit though, y’all never stop trying to get the bad orange man.
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 on 9/27/20 at 7:57 pm to Malik Agar
Wake me up when he does something illegal.
Posted on 9/27/20 at 7:57 pm to longwayfromLA
quote:Da fuq? Name one income tax break that has a minimum income to qualify for. Name an income tax rate thst decreases with increasing income. Given that the top 5% pay right at 70% of all taxes... they are clearly mis using their “advantages”.
I'm saying it's suboptimal to have a system that's set up to allow way because it significantly advantages the rich.
Posted on 9/27/20 at 7:59 pm to Malik Agar
You know it hurt like a motherfricker to admit that Trump was right when he said he had been under audit for 10 years, owing to the IRS dispute over the 2009 return.
The entire piece hinges on carry-forward losses negating large gains being something nefarious when it is literally one of the foundations of the American tax code.
The entire piece hinges on carry-forward losses negating large gains being something nefarious when it is literally one of the foundations of the American tax code.
Posted on 9/27/20 at 8:02 pm to TideCPA
quote:
Everyone forgets that Trump likely had more taxable losses in 2007-08 than any of us will ever see in a lifetime. And he gets to carry those forward to offset future taxable income.
I don’t think most people understand this point.
Posted on 9/27/20 at 8:04 pm to Malik Agar
Posted on 9/27/20 at 8:04 pm to Muthsera
quote:Damn right it is. Or else government would be cutting checks for people losses as negative taxation.
The entire piece hinges on carry-forward losses negating large gains being something nefarious when it is literally one of the foundations of the American tax code.
Posted on 9/27/20 at 8:08 pm to Taxing Authority
quote:
Damn right it is. Or else government would be cutting checks for people losses as negative taxation.
Most people don’t understand this point.
Posted on 9/27/20 at 8:22 pm to Malik Agar
Posted on 9/27/20 at 8:29 pm to Taxing Authority
Trump is the sole owner of the Trump Organization, when he won he had to put his assets in a trust and lock out his control over the company
So he takes no income from the Trump Organization
He donates his POTUS salary
So I am surprised he even had to pay anything in taxes in for 2016 or since
So he takes no income from the Trump Organization
He donates his POTUS salary
So I am surprised he even had to pay anything in taxes in for 2016 or since
Posted on 9/27/20 at 8:31 pm to Malik Agar
Total tax liability or balance due?
Posted on 9/27/20 at 8:32 pm to BigAppleBucky
quote:
BigAppleBucky
What was his income in 2017 compared to the others?
Posted on 9/27/20 at 8:36 pm to longwayfromLA
quote:
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?
I still don’t understand what you think is unfair about it.
Posted on 9/27/20 at 8:44 pm to Demshoes
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
LOLOLOLOL You don't pay taxes and you especially dont pay a boat load. Everyone knows Welfare and your fake disability check doesnt get taxed. LOLOLO
Posted on 9/27/20 at 8:45 pm to Demshoes
quote:
Who is the snowflake you turbo vag. Maybe the IRS will investigate him lulz. Maybe Ii should get my husband to come over and knock some sense into your cultish brain
You sound like a great big old bleeding vagina.
Posted on 9/27/20 at 9:10 pm to Demshoes
quote:
Yes. I agree. Calling me a pussy was very hurtful and emotionally violent. Than you.
Try English after you get done cleaning the kitchen.
Posted on 9/27/20 at 9:13 pm to taeemwar
quote:And they clearly downvote.
Most people don’t understand this point.
Posted on 9/27/20 at 9:14 pm to TigerDoc
IT IS NOT ILLEGAL TO AVOID TAXES!!!!
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