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.
The IRS doesnt make the rules. The current POTUS is more to blame for the tax code than Trump and the IRS combined. He was in the Senate for decades and was in a position to fix it yet didnt. Neither Trump or the IRS has/had any control over the tax code.Take it up with the IRS.
Let this be a lesson in tax politics. The wealthy and corporations are not “taxed enough already” because they do not pay the OFFICIAL tax rate. They pay an EFFECTIVE tax rate.
Trump paid $716 in federal taxes in 2016 and 2017. The average 20k household plays more than $800. Those making between 50k and 75k pay an average of 5k in taxes.
“Real estate offers some unique tax advantages, mainly the ability to write off depreciation against income. It’s common for a real estate investor to show a loss on their income tax return while receiving positive cash flow for the year.
Fractional real estate investors also receive similar benefits. The investment platform Arrived Homes, known for letting investors buy shares of rental properties with as little as $100, paid out $47,000 in dividends to investors in 2021, but only about $2,800 was considered taxable income. The rest was nontaxable return of principal.
That means Arrived Homes investors collectively only needed to report $2,800 in taxable income, despite receiving $47,000 in dividends. Arrived Homes has already paid out $303,000 in dividends so far in 2022 and investors will likely get another nice break come tax time next year.
Another likely reason for Trump’s low tax bills is the use of a tax loss carryforward. Companies such as The Trump Organization can carry losses over from one year to offset taxes in subsequent years. Trump used this strategy after realizing nearly $1 billion in losses in the early 1990s. He was able to carry those losses over each year until 2005.”
How Donald Trump Paid Less In Taxes Than A Household Earning Only $20,000 Per Year
Donald Trump has taken a lot of heat over the years about his income taxes or, more specifically, his ability to get out of paying what most would consider his fair share. Trump has kept a tight grip on his tax returns, becoming the first president in 40 years not to release them to the public...finance.yahoo.com
How many times did Trump shit himself today? If Trump had any brains he would have released his taxes instead of pissing away millions in lawyer fees to fight their release which were RELEASED anyway.This is Leftest bullshit.
The Trump organization pays millions in Federal, State and Local taxes every damn year.
Why do you Moon Bats have to lie about everything? Does that make you feel good?
He used the same laws and tax rules that rich liberoidal fucks, like Lurch Kerry, Nanski Peloski, Warren Buffett, et.al. use to minimize his tax burden, yet I don't see crackpot assclowns like you setting your hair on fire about it when it benefits those on your team.Let this be a lesson in tax politics. The wealthy and corporations are not “taxed enough already” because they do not pay the OFFICIAL tax rate. They pay an EFFECTIVE tax rate.
Trump paid $716 in federal taxes in 2016 and 2017. The average 20k household plays more than $800. Those making between 50k and 75k pay an average of 5k in taxes.
“Real estate offers some unique tax advantages, mainly the ability to write off depreciation against income. It’s common for a real estate investor to show a loss on their income tax return while receiving positive cash flow for the year.
Fractional real estate investors also receive similar benefits. The investment platform Arrived Homes, known for letting investors buy shares of rental properties with as little as $100, paid out $47,000 in dividends to investors in 2021, but only about $2,800 was considered taxable income. The rest was nontaxable return of principal.
That means Arrived Homes investors collectively only needed to report $2,800 in taxable income, despite receiving $47,000 in dividends. Arrived Homes has already paid out $303,000 in dividends so far in 2022 and investors will likely get another nice break come tax time next year.
Another likely reason for Trump’s low tax bills is the use of a tax loss carryforward. Companies such as The Trump Organization can carry losses over from one year to offset taxes in subsequent years. Trump used this strategy after realizing nearly $1 billion in losses in the early 1990s. He was able to carry those losses over each year until 2005.”
How Donald Trump Paid Less In Taxes Than A Household Earning Only $20,000 Per Year
Donald Trump has taken a lot of heat over the years about his income taxes or, more specifically, his ability to get out of paying what most would consider his fair share. Trump has kept a tight grip on his tax returns, becoming the first president in 40 years not to release them to the public...
His taxes are none of your fucking business. It is between him and the IRS. If the IRS are not arresting him then all is fine.How many times did Trump shit himself today? If Trump had any brains he would have released his taxes instead of pissing away millions in lawyer fees to fight their release which were RELEASED anyway.
No wonder he's going broke.
Yeah, all you ever do is talk about Trump. He lives in your brain.We're not talking about every wealthy person in America. We're talking about Trump. A failure. Real Estate. Business. Politics.
A man built on a persona of smoke and mirrors. When he's a giant fraud.
But keep lapping it up. It makes me smile.
Release Obama's records any time, asswipe. Right after Trump's are released even though he threatened to sue The Wharton School if they ever released them.His taxes are none of your fucking business. It is between him and the IRS. If the IRS are not arresting him then all is fine.
If you are interested in things like this why aren't you interested in seeing The Worthless Negro's college records? Because if he enrolled as a foreign student that has been alleged then that would shine light on his eligibility to be President. Far more important than the amount of legitimate taxes a businessman paid.
The Worthless Negro's college record would prove that he enrolled as a foreign student that would be relevant to his his eligibility as President. That is damn important. If the Worthless Negro was an illegitimate President then that is a tremendous scandal, isn't it?Release Obama's records any time, asswipe. Right after Trump's are released even though he threatened to sue The Wharton School if they ever released them.
Keep soiling yourself over Trump. But guess what? All your pissing & moaning won't change a thing or deny the fact that Trump is nothing but a two bit lying conman.
^^^ more lies from the intentionally LYING left wingers. Trump's businesses and employees pay north of $100 million in taxes easy. Without Trump the mooching left wingers wouldn't see a dime of that tax revenue and thousands of employees wouldn't have a job to support their families.Trump paid less in taxes than a household that makes 20k per year
Lol what the fuck are you talking about? This is all about what Trump and Trump alone pays in taxes.^^^ more lies from the intentionally LYING left wingers. Trump's businesses and employees pay north of $100 million in taxes easy. Without Trump the mooching left wingers wouldn't see a dime of that tax revenue and thousands of employees wouldn't have a job to support their families.
I think we all know why the dishonest LYING left wingers leave out these facts, because Dems are BIG FAT LIARS!
I paid more in federal taxes in 2020 then your supposedly billionaire assbuddy Trump did, sucker.The Worthless Negro's college record would prove that he enrolled as a foreign student that would be relevant to his his eligibility as President. That is damn important. If the Worthless Negro was an illegitimate President then that is a tremendous scandal, isn't it?
If his college records were on the up and up then why did The Worthless Negro adamantly resist releasing them? What was the fucker trying to hide? I think we all know why, don't we?
You hypocritical little Moon Bat assholes are never interested in the truth, just partisan bullshit and it is despicable.
I don't give a shit about Trump's tax record as a successful businessman. That is between him and the IRS.
By the way, Moon Bat, because you seem to think this is important how much Federal income tax do you pay every year? What deductions do you take advantage of? I bet every fucking one of them that you can, just like Trump's accounts do? Am I right or am I right?
I called your OP a big fat lie. You know it's a lie. Your new screen name is LyingSpin-o-Potomus. Here I awarded you a bunch of theseLol what the fuck are you talking about? This is all about what Trump and Trump alone pays in taxes.
You should pay more if you’re a stupid liberal.I paid more in federal taxes in 2020 then your supposedly billionaire assbuddy Trump did, sucker.
We know for a fact that he has paid tens of millions of dollars in income taxes over the years and that doesn't include his millions in other taxes so you can shove it up you ass. You haven't come close to his round up.I paid more in federal taxes in 2020 then your supposedly billionaire assbuddy Trump did, sucker.
Sounds like a failure of your beloved Government bureaucracy. The irony of the quote in your signature.Let this be a lesson in tax politics. The wealthy and corporations are not “taxed enough already” because they do not pay the OFFICIAL tax rate. They pay an EFFECTIVE tax rate.
Trump paid $716 in federal taxes in 2016 and 2017. The average 20k household plays more than $800. Those making between 50k and 75k pay an average of 5k in taxes.
“Real estate offers some unique tax advantages, mainly the ability to write off depreciation against income. It’s common for a real estate investor to show a loss on their income tax return while receiving positive cash flow for the year.
Fractional real estate investors also receive similar benefits. The investment platform Arrived Homes, known for letting investors buy shares of rental properties with as little as $100, paid out $47,000 in dividends to investors in 2021, but only about $2,800 was considered taxable income. The rest was nontaxable return of principal.
That means Arrived Homes investors collectively only needed to report $2,800 in taxable income, despite receiving $47,000 in dividends. Arrived Homes has already paid out $303,000 in dividends so far in 2022 and investors will likely get another nice break come tax time next year.
Another likely reason for Trump’s low tax bills is the use of a tax loss carryforward. Companies such as The Trump Organization can carry losses over from one year to offset taxes in subsequent years. Trump used this strategy after realizing nearly $1 billion in losses in the early 1990s. He was able to carry those losses over each year until 2005.”
How Donald Trump Paid Less In Taxes Than A Household Earning Only $20,000 Per Year
Donald Trump has taken a lot of heat over the years about his income taxes or, more specifically, his ability to get out of paying what most would consider his fair share. Trump has kept a tight grip on his tax returns, becoming the first president in 40 years not to release them to the public...
The government certainly isn’t perfect, but it serves a great purpose if done right. You think the private sector isn’t riddled with flaws?Sounds like a failure of your beloved Government bureaucracy. The irony of the quote in your signature.
"It takes intelligence and maturity to appreciate the role of government."
In a supposedly free market society the largest employer being the government is terrifying. The Fed has gone way beyond what the Constitution allows. At least the private sector produces goods and services the public needs or wants. The Government doesn't produce anything other than crippling debt.The government certainly isn’t perfect, but it serves a great purpose if done right. You think the private sector isn’t riddled with flaws?
