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Trump's taxes and his role as President

Posted on 9/30/20 at 4:54 pm
Posted by bamaclownbaby
Biloxi
Member since Jun 2013
382 posts
Posted on 9/30/20 at 4:54 pm
I don't blame Trump one bit for paying what he has in taxes. He is just playing the game, playing by the rules that were put in place before him.

But knowing what he knows about the tax code, and his duty to the people, is it not his responsibility to fix those loopholes he knows so intimately for the good of the people?

Or should he just do what is best for him?

*The President can submit bills.
*Even if it isn't ratified he can at least try.
*Loophole was a poor choice of words, he is simply filing his taxes under the current rules of the system.
*Everyone is more willing to deflect and argue semantics than actually consider intent.
This post was edited on 9/30/20 at 5:18 pm
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 9/30/20 at 4:55 pm to
Tax code needs to be completely ripped up and re-written
Posted by Priapus
Member since Oct 2012
1950 posts
Posted on 9/30/20 at 4:56 pm to
So, if I am hearing you right, you want Trump to declare himself a Dictator, circumvent Congress, and start "fixing loopholes". Ok.
Posted by Godfather1
What WAS St George, Louisiana
Member since Oct 2006
79707 posts
Posted on 9/30/20 at 4:56 pm to
quote:

But knowing what he knows about the tax code, and his duty to the people, is it not his responsibility to fix those loopholes he knows so intimately for the good of the people?



TIL the President makes tax law.
Posted by Nurbis
Member since May 2020
1332 posts
Posted on 9/30/20 at 4:57 pm to
Trump isn't the one bitching about it. The guy that has been a politician for 40 years, including 8 as VP, is the one that has a problem with it while at the same taking advantage of those same loopholes to save his own money.
Posted by bamaclownbaby
Biloxi
Member since Jun 2013
382 posts
Posted on 9/30/20 at 4:57 pm to
Oh I didn't know he had no ability to effect tax code at all and has never done so during his presidency.
Posted by roadGator
Member since Feb 2009
140552 posts
Posted on 9/30/20 at 4:57 pm to
Um. Is trump now king of Congress?

Do they not do that Saturday morning cartoon on civics any longer? Pity

I’m just a bill..,
This post was edited on 9/30/20 at 4:59 pm
Posted by bamaclownbaby
Biloxi
Member since Jun 2013
382 posts
Posted on 9/30/20 at 4:58 pm to
Isn't that what he is going for?
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 9/30/20 at 4:58 pm to
How much is he paying in taxes?
Posted by roadGator
Member since Feb 2009
140552 posts
Posted on 9/30/20 at 4:58 pm to
I don’t think so but I see your honk now.

Schoolhouse rock. The original guide to how laws pass for dummies.

quote:

I'm just a bill Yes I'm only a bill And if they vote for me on Capitol Hill Well then I'm off to the White House Where I'll wait in a line With a lot of other bills For the President to sign
This post was edited on 9/30/20 at 5:01 pm
Posted by momentoftruth87
Member since Oct 2013
71471 posts
Posted on 9/30/20 at 4:58 pm to
He doesn't even do them

People out there literally think he's fudging TurboTax online
Posted by bstew3006
318
Member since Dec 2007
12576 posts
Posted on 9/30/20 at 4:59 pm to
If people have a problem with how much he or anyone pays in taxes...your problem isn’t with him or that individual, it’s with the tax code.

Don’t be pissed bc they have CPAs that understand the tax code.

If you understood the tax code to save yourself 5% more in taxes....would you? Of course you would!

Be pissed at the very politicians who wrote the tax code....for their own advantage.

Bernie Sanders pays 12-14% as a millionaaaaa but never mentions himself. Anytime he’s met with the same rhetoric he throws at “1%” he gets pissyvand says he doesn’t make as much.

It’s a disingenuous argument
This post was edited on 9/30/20 at 5:13 pm
Posted by Priapus
Member since Oct 2012
1950 posts
Posted on 9/30/20 at 5:02 pm to
quote:

Oh I didn't know he had no ability to effect tax code at all and has never done so during his presidency.


No, hell I am all for it. Once he gets rid of the IRS and all Federal income tax, then he can do Environmental law. Who wouldn't like to see most of that trash cleaned up so that we can get one 2 lane country road bridge done in less time than it took to build major interstates under Ike.
Posted by Clames
Member since Oct 2010
16587 posts
Posted on 9/30/20 at 5:05 pm to
quote:

Or should he just do what is best for him?


And the millions of Americans that know the difference, and are smart enough to utilize, between tax avoidance and tax evasion. You room-temperature-IQ dolts need to find something else to be concerned about.
This post was edited on 9/30/20 at 5:06 pm
Posted by KingOrange
Mayfair
Member since Aug 2018
8686 posts
Posted on 9/30/20 at 5:06 pm to
Fair Tax Baw. Government makes more money and we pay less taxes. Win Win.
Posted by bamaclownbaby
Biloxi
Member since Jun 2013
382 posts
Posted on 9/30/20 at 5:07 pm to
You are not.
Posted by roadGator
Member since Feb 2009
140552 posts
Posted on 9/30/20 at 5:08 pm to
I am mad at you
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 9/30/20 at 5:09 pm to
quote:

You room-temperature-IQ dolts need to find something else to be concerned about.



Posted by Kattail
Member since Aug 2020
3330 posts
Posted on 9/30/20 at 5:09 pm to
Don’t think Congress would go for this. L O L
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 9/30/20 at 5:10 pm to
Never understood what a “loophole” is, a tax strategy is either legal or it’s not, and every part of the tax code is available to every taxpayer if it’s applicable to their situation
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