Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
You don't know if he lost a billion in a year. Although, with our crazy economy, it could be right. The serial moochers are those who get welfare checks, apartment subsidies and other welfare appropriations from the government and never pay a dime in taxes!Either way it does not look good for Trump
He is running as such a great businessman who managed to lose close to a billion dollars in one year
He has not paid taxes in decades making him one of the 47%...a serial moocher
Trump is worse than all the welfare mooches combined
They may scam the taxpayer for $20,000 while Trump scams the taxpayer for a billion dollars
Conservatives have been pushing for simpler tax plans for decades. Where have you been?
If Trump plays by the rules, YOUR RULES, then what ground for complaint do you have?
Jon, when have I ever supported a group like that you mention about police...OR not paid my taxes? Of course my taxes come from the chart in the 1040 pamphlet...for Fed, State and City.you can read the law right here
leftards are always such crooked folks
maybe that is why they support groups like fuck the police
and such
26 U.S. Code § 6103 - Confidentiality and disclosure of returns and return information
Turds like you behave as if Trump wanted to lose money. Businesses often lose money and go bankrupt. If you believe that's some kind of crime, then you believe capitalism is a crime. You're only demonstrating what a moron you are with this thread.
Jon, when have I ever supported a group like that you mention about police...OR not paid my taxes? Of course my taxes come from the chart in the 1040 pamphlet...for Fed, State and City.you can read the law right here
leftards are always such crooked folks
maybe that is why they support groups like fuck the police
and such
26 U.S. Code § 6103 - Confidentiality and disclosure of returns and return information
So are you basically saying that ANYTHING done legally is morally right? In any country?This is approaching Bernie Madoff level fraud
Legal is not fraud.
Turds like you behave as if Trump wanted to lose money. Businesses often lose money and go bankrupt. If you believe that's some kind of crime, then you believe capitalism is a crime. You're only demonstrating what a moron you are with this thread.
trump, the billionaire, is precisely why the inheritance tax is fair and just.... ! Critters like him avoided paying taxes their whole lives, the estate tax hits them for the first time with a tax.
Yes. As far as we know, he broke no laws with that tax return and with claiming the loss.
Many things are "allowed" and "legal".....but are not things to be proud of.
Pride has nothing to do with the law.
Tell me do you take every "allowed" deduction or do you pay more than you have to?
Are you retarded? I never said pride has anything to do with the law. What I said is....that Trump is rightfully embarrassed by this tax return. It is legal.....he broke no laws....but he is very unhappy that it is now public.
Duh.
And....I take every allowable deduction. I still paid about 18% in 1995. Therefore, I'm not embarrassed by my return. Get it?
And do you have to publish your return ever?
No
And no political candidate has to publish theirs
No one's saying they have to. Trump has every right to conceal his tax returns and accept the political consequences.
yeah his not publishing them hasn't seem to hurt him very much
You know, a few years back, all the banks went under because they took horrible losses. What happened? The government gave them money and bailed them out.
The American people were outraged that our money had been spent to bail out the billionaires who didn't know how to manage their money.
Now? We find out that because Trump sustained nearly a BILLION dollars in losses, he managed to put himself in a position where he didn't have to pay taxes for many years.
Trump is a billionaire who didn't know how to properly manage his money. The government saw his losses and bailed him out by allowing him to not pay taxes for decades.
We were pissed that the banks got a bailout, why is everyone supporting Trump who also has received a bailout?
That's a little harsh. I don't think the left are always crooked folks. Some are ill informed or not informed and some just want to be good Democrats because their parents were.you can read the law right here
leftards are always such crooked folks
maybe that is why they support groups like fuck the police
and such
26 U.S. Code § 6103 - Confidentiality and disclosure of returns and return information
Both. Both need to be changed.You don't know if he lost a billion in a year. Although, with our crazy economy, it could be right. The serial moochers are those who get welfare checks, apartment subsidies and other welfare appropriations from the government and never pay a dime in taxes!Either way it does not look good for Trump
He is running as such a great businessman who managed to lose close to a billion dollars in one year
He has not paid taxes in decades making him one of the 47%...a serial moocher
Trump is worse than all the welfare mooches combined
They may scam the taxpayer for $20,000 while Trump scams the taxpayer for a billion dollars
Conservatives have been pushing for simpler tax plans for decades. Where have you been?
If Trump plays by the rules, YOUR RULES, then what ground for complaint do you have?
Simpler plans that drastically reduce the tax burden of the wealthy while increasing taxes on the working poor
Show one that doesn't
Trump plays by the rules?
So do the working poor who don't pay taxes
Guess which group Republicans bitch about?
You don't know if he lost a billion in a year. Although, with our crazy economy, it could be right. The serial moochers are those who get welfare checks, apartment subsidies and other welfare appropriations from the government and never pay a dime in taxes!Either way it does not look good for Trump
He is running as such a great businessman who managed to lose close to a billion dollars in one year
He has not paid taxes in decades making him one of the 47%...a serial moocher
Trump is worse than all the welfare mooches combined
They may scam the taxpayer for $20,000 while Trump scams the taxpayer for a billion dollars
Conservatives have been pushing for simpler tax plans for decades. Where have you been?
If Trump plays by the rules, YOUR RULES, then what ground for complaint do you have?
Simpler plans that drastically reduce the tax burden of the wealthy while increasing taxes on the working poor
Show one that doesn't
Trump plays by the rules?
So do the working poor who don't pay taxes
Guess which group Republicans bitch about?
You're confusing being a criminal with being a convict.Hillary is a proven crook and the establishment's pick for POTUS. Trump says a lot of stupid shit, but is not a proven crook or the establishment's pick for POTUS.The story is accurate, verified by the accountant at that time whose signature is on the documents.
But keep crying that it isn't true because you don't like it, you pathetic, partisan hack.
The USMB RW crowd has unanimously agreed that their standard response to a fact they don't like is to simply declare it untrue.
Naturally....leftists vote with the establishment and for the proven crook.
What was Hillary Clinton convicted of, again?
The interesting aspect of this is that I don't give a shit about his taxes. I want to know what he can do for this country. So far he has promised to: keep America safer by building a wall and extreme vetting of immigrants; follow immigration laws and deport illegals with crime records; negotiate better trade deals with our trading partners; speak the truth rather than what is politically correct; and bring back manufacturing so our citizens will have a job!Yes. As far as we know, he broke no laws with that tax return and with claiming the loss.
Many things are "allowed" and "legal".....but are not things to be proud of.
Pride has nothing to do with the law.
Tell me do you take every "allowed" deduction or do you pay more than you have to?
Are you retarded? I never said pride has anything to do with the law. What I said is....that Trump is rightfully embarrassed by this tax return. It is legal.....he broke no laws....but he is very unhappy that it is now public.
Duh.
And....I take every allowable deduction. I still paid about 18% in 1995. Therefore, I'm not embarrassed by my return. Get it?
And do you have to publish your return ever?
No
And no political candidate has to publish theirs
No one's saying they have to. Trump has every right to conceal his tax returns and accept the political consequences.
Hillary wants to bring in thousands upon thousands of immigrants without vetting; continue with Sanctuary Cities although they are against the law; and waive college costs for everyone although she doesn't say how she'll pay for it.
That's a little harsh. I don't think the left are always crooked folks. Some are ill informed or not informed and some just want to be good Democrats because their parents were.you can read the law right here
leftards are always such crooked folks
maybe that is why they support groups like fuck the police
and such
26 U.S. Code § 6103 - Confidentiality and disclosure of returns and return information
You don't know if he lost a billion in a year. Although, with our crazy economy, it could be right. The serial moochers are those who get welfare checks, apartment subsidies and other welfare appropriations from the government and never pay a dime in taxes!Either way it does not look good for Trump
He is running as such a great businessman who managed to lose close to a billion dollars in one year
He has not paid taxes in decades making him one of the 47%...a serial moocher
Trump is worse than all the welfare mooches combined
They may scam the taxpayer for $20,000 while Trump scams the taxpayer for a billion dollars
Conservatives have been pushing for simpler tax plans for decades. Where have you been?
If Trump plays by the rules, YOUR RULES, then what ground for complaint do you have?
Simpler plans that drastically reduce the tax burden of the wealthy while increasing taxes on the working poor
Show one that doesn't
Trump plays by the rules?
So do the working poor who don't pay taxes
Guess which group Republicans bitch about?
You can simplify the tax code without giving the Rich a huge gift basket at the expense of the poor -
go to a simple system of 'flat' taxes that maintain the progressive brackets,
add a fixed exemption/deduction at the bottom.
You could still file your taxes on the so-called postcard, but the Rich wouldn't get huge tax cut that every other flat tax plan includes.
Trump will tell you it is a secret...he doesn't want to tip his handThe interesting aspect of this is that I don't give a shit about his taxes. I want to know what he can do for this country. So far he has promised to: keep America safer by building a wall and extreme vetting of immigrants; follow immigration laws and deport illegals with crime records; negotiate better trade deals with our trading partners; speak the truth rather than what is politically correct; and bring back manufacturing so our citizens will have a job!Pride has nothing to do with the law.
Tell me do you take every "allowed" deduction or do you pay more than you have to?
Are you retarded? I never said pride has anything to do with the law. What I said is....that Trump is rightfully embarrassed by this tax return. It is legal.....he broke no laws....but he is very unhappy that it is now public.
Duh.
And....I take every allowable deduction. I still paid about 18% in 1995. Therefore, I'm not embarrassed by my return. Get it?
And do you have to publish your return ever?
No
And no political candidate has to publish theirs
No one's saying they have to. Trump has every right to conceal his tax returns and accept the political consequences.
Hillary wants to bring in thousands upon thousands of immigrants without vetting; continue with Sanctuary Cities although they are against the law; and waive college costs for everyone although she doesn't say how she'll pay for it.
You are campaign promise fueled vomit machine.
Why don't you demand that Trump tell you HOW he's going to do any of that. He doesn't, you know. Why do you STILL believe that a wall will work when most undocumented immigrants don't come over that border on foot or in cars? Why don't you know that his extreme vetting plan is absolutely unworkable and is basically a religious test that is unconstitutional? Why don't you demand that he tells you SPECIFICALLY which trade provisions he will reverse and how he'll do it? Why do you continue to say that he speaks the truth when he lies more than any presidential candidate in the history of this nation? Why don't you know that he can't bring back manufacturing jobs because they have been taken by robots?
You are supporting an empty suit.
Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.
The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.
Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.
Although Mr. Trump’s taxable income in subsequent years is as yet unknown, a $916 million loss in 1995 would have been large enough to wipe out more than $50 million a year in taxable income over 18 years. ...
Mr. Trump declined to comment on the documents. Instead, the campaign released a statement that neither challenged nor confirmed the $916 million loss. ...
The tax experts consulted by The Times said nothing in the 1995 documents suggested any wrongdoing by Mr. Trump, even if the extraordinary size of the loss he declared would have probably attracted extra scrutiny from I.R.S. examiners. “The I.R.S., when they see a negative $916 million, that has to pop out,” Mr. Rosenfeld said.
http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?smid=tw-nytimes&smtyp=cur
Of course, there is nothing illegal about this. And it's rational for anyone to take that deduction. But it would certainly explain why he hasn't released his taxes, and it could be a reason why he has been under audit so much.
Should anyone be allowed to take such a huge write-off? Maximum personal deduction from capital loss on income taxes is $3000.
Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.
The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.
Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.
Although Mr. Trump’s taxable income in subsequent years is as yet unknown, a $916 million loss in 1995 would have been large enough to wipe out more than $50 million a year in taxable income over 18 years. ...
Mr. Trump declined to comment on the documents. Instead, the campaign released a statement that neither challenged nor confirmed the $916 million loss. ...
The tax experts consulted by The Times said nothing in the 1995 documents suggested any wrongdoing by Mr. Trump, even if the extraordinary size of the loss he declared would have probably attracted extra scrutiny from I.R.S. examiners. “The I.R.S., when they see a negative $916 million, that has to pop out,” Mr. Rosenfeld said.
http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?smid=tw-nytimes&smtyp=cur
Of course, there is nothing illegal about this. And it's rational for anyone to take that deduction. But it would certainly explain why he hasn't released his taxes, and it could be a reason why he has been under audit so much.
Should anyone be allowed to take such a huge write-off? Maximum personal deduction from capital loss on income taxes is $3000.
