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re: Trump says people wouldn't understand his tax returns

Posted on 11/7/18 at 12:28 pm to
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 11/7/18 at 12:28 pm to
Hahahaha

Release your inner democrat

Are you on the senate judiciary committee?
Posted by boosiebadazz
Member since Feb 2008
84604 posts
Posted on 11/7/18 at 12:34 pm to
You too. You seethe anger and rage regularly. You can also prove to me that you don’t beat your wife or I’m going to believe otherwise. Good luck finding enough “evidence” to overcome my preconceived notions and underlying desire to vilify you regardless.
This post was edited on 11/7/18 at 12:43 pm
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
11587 posts
Posted on 11/7/18 at 1:45 pm to
"you commoners wouldn't understand my complicated tax returns"

"dems better not investigate me or I'll investigate them!"



If we think the Don was entertaining the last couple of years it's about to get 100x better.
Posted by llfshoals
Member since Nov 2010
20678 posts
Posted on 11/7/18 at 1:51 pm to
quote:

Yes, he thinks y'all are morons. What a clown.
You are in fact a moron.

A multi-national corporation’s taxes are extremely complex. The people who run them only marginally less so.

If you ever made enough to file something more than a 1040EZ you would know it
Posted by llfshoals
Member since Nov 2010
20678 posts
Posted on 11/7/18 at 1:52 pm to
quote:

know I don't understand my own and it's not even that complicated. What do people think they're going to find in there???
Since he’s audited ever year, not much
Posted by doubleb
Baton Rouge
Member since Aug 2006
41900 posts
Posted on 11/7/18 at 1:53 pm to
I had to hire someone to do my taxes, and mine are not near as complicated as Trumps.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 11/7/18 at 1:56 pm to
quote:

You are in fact a moron.

A multi-national corporation’s taxes are extremely complex. The people who run them only marginally less so.


Wait, do Presidents generally release only personal tax returns or business returns too? And yes, I know they are not completely segregated depending on the structure
This post was edited on 11/7/18 at 1:57 pm
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
23951 posts
Posted on 11/7/18 at 2:00 pm to
That has been proven by most people with the last tax kerfuffle over how his dad transferred money to him growing up.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 11/7/18 at 2:00 pm to


Yeah, some baw off TD is gonna find a flaw in Trumps tax returns...

He likely spends several million per year to have a high end accounting firm handle that work. And he knows he's going to get audited every year. Hasn't been pemalized as I recall.
Posted by rickyh
Positiger Nation
Member since Dec 2003
13030 posts
Posted on 11/7/18 at 2:05 pm to
Most of the negative Nancy's on this topic either dose turbo tax or hires H&R block or some tax person to do their taxes. Which usually consists of one job and less than 100,000 per year. Who among us could figure someones taxes who is a billionaire with multiple businesses and investments. People just reinforce the idea that they are idiots.President Trump is speaking the truth.
Posted by RobbBobb
Member since Feb 2007
33438 posts
Posted on 11/7/18 at 2:06 pm to
quote:

Yes, he thinks y'all are morons. What a clown.

the people that want his tax returns also think that you can go to sleep as man and wake up as a woman, the media isn't biases, that the Senate needs to be abolished, and popular vote determines the presidency

So, yeah, hes right
Posted by tigerfoot
Alexandria
Member since Sep 2006
60781 posts
Posted on 11/7/18 at 2:23 pm to
The average American claims single and no children to get the biggest return they can. So no, most wont understand
Posted by BBONDS25
Member since Mar 2008
57332 posts
Posted on 11/7/18 at 2:34 pm to
quote:

don't know if it's finished yet. i do know that he's offered other excuses and timelines since giving the audit excuse,


Wait...you think waiting until a return under audit is completed is an excuse? Are you insane? Do you know how the audit process works and why that would be an absolutely awful idea?
Posted by skrayper
21-0 Asterisk Drive
Member since Nov 2012
34568 posts
Posted on 11/7/18 at 2:35 pm to
quote:

The average American is retarded about tax law


The average genius is retarded about tax law because a lot of our tax laws are retarded.
Posted by deltaland
Member since Mar 2011
100830 posts
Posted on 11/7/18 at 2:36 pm to
I guarantee you I wouldn’t understand them.

A billionaire with numerous business doesn’t use an EZ tax form from a W2

It takes numerous lawyers and accountants to do taxes for someone like him. shite is complicated
Posted by i am dan
NC
Member since Aug 2011
30642 posts
Posted on 11/7/18 at 2:37 pm to
I've always wondered why people want to see his tax returns so bad... makes no sense.

I'm sure Trump will quickly provide his birth certificate though.
Posted by texridder
The Woodlands, TX
Member since Oct 2017
14936 posts
Posted on 11/7/18 at 4:12 pm to
quote:

Would you understand them?

So ridiculous. Who cares if John Q. Public can understand them? Typical Trump misdirection.

Finding the names of the entities from where Trump receives income with not be difficult.

Posted by Lsujacket66
Member since Dec 2010
5051 posts
Posted on 11/7/18 at 4:31 pm to
They might have 2 or 3 people in congress who would understand them after studying them for a month
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/7/18 at 9:27 pm to
quote:

Would you understand them?


Yes I think I'd have a decent chance due to my education in accounting. Here's how it would likely go down.

Trump *personally* probably reported remarkably little income or tax to pay. He goes around (well, used to, nudge nudge) managing his properties at company expense. Due to how tax laws are written he can live the high life and claim very little income, which he's understandably interested in hiding.

Let's say he owns 51% of Trump International Hotel in wherever. He travels out there for an inspection tour, completely paid for by the company that he owns. Meals, a company helicopter, Stormy to keep him company at night - it's all paid for by the company.

Theoretically, he pays capital gains tax one day when he sells his ownership stake. Of course, he never will sell. Meanwhile, the company expenses all this.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/7/18 at 9:30 pm to
quote:

He's not wrong. There is no way an average person will grasp the full scope of his returns.


Exactly. Trump is completely right stating most of his supporters don't have a clue.
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