Trump May Have Avoided Paying Taxes for Nearly Two Decades

[OnePercenter]

Again, I never wrote they did.

Walmart paid 3% of all the money they made in federal tax, how about you?

Walmart paid 3% of all the money they made in federal tax,

Wrong.
In the financial year ending January 2016, they earned $16.685 billion in the US and paid $5.562 billion in US Federal Income tax. 33.3%.

how about you?

I paid less than 33.3%

They paid a percentage of a small percentage which equates to 3% of the total monies they collected.

YOU paid a higher percentage than Walmart.

They paid a percentage of a small percentage which equates to 3% of the total monies they collected.

They're charged taxes on money they make, not money they collect.

YOU paid a higher percentage than Walmart.

No, I paid less than 33.3%

Because of Republicans, business has more and better deductions than you.

And with all that, WalMart still paid 33.3%.

33.3% of a small percentage which is 3% of total monies, and again, much less than you pay, and again, Walmart uses much more taxpayer services than you, and they pay less than you.

 

[OnePercenter]

Republican wrote those laws that allowed it to happen. Walmart pays 3%, you pay 12% to 15%. That's fair?

Wal-Mart pays millions, do you.... Who cares about percentage when you have numbers like that..... You just hate the successful

I paid $180k on $4.5M, or 4%.

Who cares about percentage? You should. Walmart uses more taxed based services than you, yet they pay a less percentage? You pay more, because they use more.

How much did you pay?
How much did your trust pay?

The portfolio paid all.

How much did you pay?
How much did your trust pay?

Already answered.

 

[OnePercenter]

Did I hit the 0% below the belt with his 65% estate tax and him not giving a fuck about what he leaves to his children?

No.

 

[Toddsterpatriot]

Walmart paid 3% of all the money they made in federal tax,

Wrong.
In the financial year ending January 2016, they earned $16.685 billion in the US and paid $5.562 billion in US Federal Income tax. 33.3%.

how about you?

I paid less than 33.3%

They paid a percentage of a small percentage which equates to 3% of the total monies they collected.

YOU paid a higher percentage than Walmart.

They paid a percentage of a small percentage which equates to 3% of the total monies they collected.

They're charged taxes on money they make, not money they collect.

YOU paid a higher percentage than Walmart.

No, I paid less than 33.3%

Because of Republicans, business has more and better deductions than you.

And with all that, WalMart still paid 33.3%.

33.3% of a small percentage which is 3% of total monies, and again, much less than you pay, and again, Walmart uses much more taxpayer services than you, and they pay less than you.

33.3% of a small percentage

Yes, one-third of their earnings. A much higher rate than I pay on my earnings.

Walmart uses much more taxpayer services than you

And they paid $5.562 billion in Federal Taxes.
They also paid $622 million in state and local taxes.

Much more than I paid.

 

[Toddsterpatriot]

Wal-Mart pays millions, do you.... Who cares about percentage when you have numbers like that..... You just hate the successful

I paid $180k on $4.5M, or 4%.

Who cares about percentage? You should. Walmart uses more taxed based services than you, yet they pay a less percentage? You pay more, because they use more.

How much did you pay?
How much did your trust pay?

The portfolio paid all.

How much did you pay?
How much did your trust pay?

Already answered.

No. You only answered how much you paid. You left out what your trust paid.

 

[OnePercenter]

Tax Records Obtained by The Times Reveal Trump May Have Avoided Paying Taxes for Nearly Two Decades

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.

http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?smid=tw-nytimes&smtyp=cur&_r=0
Goddamn, that means he didn't pay all those police, our military, our veterans or the infrastructure that his goods moves across. This man is a crook.

HE did what was legal and done by every major cooperation and small business. Even today...

What a load of left wing bigotry and hate. Demonizing the rich and claiming legal actions as not legal..

Left wing desperation...

It is perfectly legal for Trump to lose a billion dollars
it is perfectly legal for him to pay no taxes

It is perfectly insane to think he is a good businessman

Do you know how many business people who have been considered successes lost money at one time or another?

Only most if not all of them

No, they really don't. I think that most of those on the boards bloviating about losses and bankruptcies have never earned a dime outside of a safe job. Business seems to be completely misunderstood here.

Didn't Romney's Bain Capital make monies on losses and bankruptcies?

 

[OnePercenter]

They paid a percentage of a small percentage which equates to 3% of the total monies they collected.

YOU paid a higher percentage than Walmart.

They paid a percentage of a small percentage which equates to 3% of the total monies they collected.

They're charged taxes on money they make, not money they collect.

YOU paid a higher percentage than Walmart.

No, I paid less than 33.3%

Because of Republicans, business has more and better deductions than you.

And with all that, WalMart still paid 33.3%.

33.3% of a small percentage which is 3% of total monies, and again, much less than you pay, and again, Walmart uses much more taxpayer services than you, and they pay less than you.

33.3% of a small percentage

Yes, one-third of their earnings. A much higher rate than I pay on my earnings.

Walmart uses much more taxpayer services than you

And they paid $5.562 billion in Federal Taxes.
They also paid $622 million in state and local taxes.

Much more than I paid.

You believe that Walmart paid 33.3% federal tax on 30% of all the monies they collected?

Don't you wish you had a deal like that?

State and local taxes are fully deductible reducing federal tax.

 

[OnePercenter]

I paid $180k on $4.5M, or 4%.

Who cares about percentage? You should. Walmart uses more taxed based services than you, yet they pay a less percentage? You pay more, because they use more.

How much did you pay?
How much did your trust pay?

The portfolio paid all.

How much did you pay?
How much did your trust pay?

Already answered.

No. You only answered how much you paid. You left out what your trust paid.

No I didn't. $180k.

 

[Toddsterpatriot]

They paid a percentage of a small percentage which equates to 3% of the total monies they collected.

They're charged taxes on money they make, not money they collect.

YOU paid a higher percentage than Walmart.

No, I paid less than 33.3%

Because of Republicans, business has more and better deductions than you.

And with all that, WalMart still paid 33.3%.

33.3% of a small percentage which is 3% of total monies, and again, much less than you pay, and again, Walmart uses much more taxpayer services than you, and they pay less than you.

33.3% of a small percentage

Yes, one-third of their earnings. A much higher rate than I pay on my earnings.

Walmart uses much more taxpayer services than you

And they paid $5.562 billion in Federal Taxes.
They also paid $622 million in state and local taxes.

Much more than I paid.

You believe that Walmart paid 33.3% federal tax on 30% of all the monies they collected?

Don't you wish you had a deal like that?

State and local taxes are fully deductible reducing federal tax.

You believe that Walmart paid 33.3% federal tax

On their profit. Absolutely.

Don't you wish you had a deal like that?

No, I don't want my rate to rise, substantially, to 33.3%

 

[Toddsterpatriot]

How much did you pay?
How much did your trust pay?

The portfolio paid all.

How much did you pay?
How much did your trust pay?

Already answered.

No. You only answered how much you paid. You left out what your trust paid.

No I didn't. $180k.

Your trust paid $180k?
What did you pay on their distribution to you?

 

[OnePercenter]

Thread title should read 'Trump Legally Follows Tax Code for 2 Decade'.

OR

"Trump legally follows Republican written tax regulations and laws to his benefit"

OR

"Why the flat tax won't work"

OR

"Chumps for Trump"

 

[OnePercenter]

You are just biased...

Are you?

Hillary is such a bad candidate, I most likely would have voted for a sane GOP ticket like Kasich/Rubio.
.

After the fiasco of BushCo, the GOP doesn't want a Republican in the White House. Palin, Romney, and Trump is their answer. Good Answers All!!!!!

Their are enough Republicans in congress to keep the middle class fucked-over.

 

[Vigilante]

Wal-Mart pays millions, do you.... Who cares about percentage when you have numbers like that..... You just hate the successful

I paid $180k on $4.5M, or 4%.

Who cares about percentage? You should. Walmart uses more taxed based services than you, yet they pay a less percentage? You pay more, because they use more.

BTW how many loopholes did you Use?

As many that applied.

I'm sure with your vast wealth you will be glad to give the Hildebeast 65% of your estate when you die, instead of no inheritance tax under Trump.... Or our you that fucking stupid. and hate your children that much?

Or you can incorporate your trust and name your inheritors as officers of the corporation.

And the IRS can deny it...unless, like you. you're an obomanation slurper

 

[OnePercenter]

Thread title should read 'Trump Legally Follows Tax Code for 2 Decade'.

Exactly. Trump didn't use so-called "loopholes". He followed the current tax "laws", and that's all that should matter.

Who wrote the 'loopholes', and are those 'loopholes" fair to all taxpayers?

 

[OnePercenter]

Thread title should read 'Trump Legally Follows Tax Code for 2 Decade'.

Exactly. Trump didn't use so-called "loopholes". He followed the current tax "laws", and that's all that should matter.

This whole strategy is just playing into the simplistic "rich guys are evil, except those we like" narrative that the Left loves to push.

They know damn well that no one pays more taxes than they have to. But hey, this is politics. Honesty optional. Attack, attack, attack.

Trump has plenty of REAL flaws to attack, anyway.
.

Rich guys are evil, including me. Do you think I'd pay my people a beginning wage of $23.50/hr plus benefits if I didn't have a way of OPM to do it?

 

[OnePercenter]

Don't worry people that actually do any work....middle class...will pay the taxes. We got your back rich folk. Just keep sitting back.

Yeah those in the highest 3 earning brackets pay over 70% of all income tax while the bottom 85% pay less than 30% of all income tax so keep telling yourself you pay more if it makes you feel better

And what's truly amazing is that all of those you listed pay less percentage of their total monies made to taxes than you did.

 

[OnePercenter]

When such a small percentage of people have such a large percentage of the wealth I understand the cruelty of them paying taxes. Don't worry Richies, we got your back. Plus we will do the real work.

You do know that wealth isn't taxed don't you?

Income is taxed

What about income made from wealth?

 

[OnePercenter]

You are just biased...

Are you?

Hillary is such a bad candidate, I most likely would have voted for a sane GOP ticket like Kasich/Rubio.
.

No shit.

Coming off 8 years of Obama and the Dem's nominate Clinton. Cake walk to the Oval Office and this buffoon gets the GOP nomination!

Now we have a choice - shit on one hand and shit on the other.


>>>>

The GOP doesn't want the White House. They can do more damage to the middle class because the buffoons will continue to vote Republicans in congress.

 

[OnePercenter]

Yep. Both sides are guilty. But the fact is the one percent have full control and the laws are written to their benefit and we all know it. This fact is why I cannot vote for Clinton or trump. They could care less about the people who actually work for a living. But don't worry Richies we got your back.

I disagree that both sides are guilty. The Democrats have been trying to address the two biggest problems the middle class suffers, wages and the economy. Raising the minimum wage will solve both problems. Republicans are pro 'mo profit.'

 

[OnePercenter]

I don't like Trump, and I'm voting for Hillary, my binary-thinking friend.

So you're wrong, again.

And it doesn't deflect from your aggressive ignorance, no matter how hard you try.

I'm guessing you're not even embarrassed.
.

Interesting and surprising. May I ask what drove you to vote Hillary as I would not think that is something that you would have done.
Mac1958

The ironic thing here is that there are so many other valid possible criticisms of Trump.

All they're doing here is showcasing their blatant partisanship, intellectual dishonesty and ignorance.
.

^agree.

I think Trump is profoundly unqualified, on multiple levels, for the office. He just shouldn't be in there.

And that trumps (sorry) all my negative opinions of Hillary.
.

Now where did 6 BILLION Dollars go While she was secretary of state.??? I'd say that her loosing that money trumps the losses that Trump took in 1995... KEEP YOUR Head firmly implanted... No one can legitimize Hillary and her corrupt ass,

Yes, she's a a horrible candidate.

That doesn't change my point.
.

So your going to bury your head deeper and give up Americans freedoms for your left wing nut case agenda.. Socialist scumbag..

I just checked. I have just as many freedoms I had 20 years ago. If you don't, you must be a convicted felon. Is this Rush?