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Trump - Make America Great Again!

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But Mitnick claimed it was he who used the tax code in Trump’s favor. “Right. I’m the one who did all the work,” he said.
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So you're saying Hillary should apologize and get off this topic?

Right?
 
From Robert Reich
https://www.facebook.com/RBReich/?hc_ref=NEWSFEED&fref=nf

Trump hasn’t denied allegations that he hasn’t paid any income tax for 18 years. Instead, he’s said:

1. He has a “fiduciary obligation” to his shareholders to make as much money as possible and pay the least in taxes. That’s hokum. There is no such fiduciary responsibility in the law. The law doesn’t even require CEOs to maximize shareholder returns.

2. He is “smart” or a “genius” for not paying taxes, and he “knows the tax code better than anyone.” Baloney. Trump hired a platoon of tax attorneys to figure out how he could avoid paying taxes.

3. Only he can fix what’s wrong with the tax code. “The unfairness of the tax laws is unbelievable,” he said at a rally yesterday. “It’s something I’ve been talking about for a long time despite, frankly, being a big beneficiary of the law.” Wrong. Trump has been lobbying for years to keep and expand tax breaks for real estate developers. As he told the Wall Street Journal in July 2015: “As a businessman and a very substantial donor to very important people, when you give, they do whatever the hell you want them to do. As a businessman, I need that.”

The truth is Trump is among the biggest riggers of the system that has been rigged by and for the rich and powerful. He's not a smart businessman; he's a conman who knows how to game the system. He's not a working-class populist; he's a plutocrat.
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IndySteel said:
The vets that he was speaking to are pissed that the libtard media took his words out of context. Just another example of them being in full panic mode. Stupid ******* libtards.
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Tell that to this guy...

<iframe src="https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2Fmoveon%2Fvideos%2F10153776078045493%2F&show_text=0&width=560" width="560" height="315" style="border:none;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true" allowFullScreen="true"></iframe>
 
Trump is neither a genius nor an evil selfish tax evader. He is exactly like every single other very wealthy individual or head of a multi-million dollar corporation who utilizes tax attorneys and accountants to minimize his taxable income in every single legal way possible.

I challenge the media or anyone else to locate a professionally prepared tax return in which someone refuses to take legal deductions so that they can pay more in taxes in order to "support the troops" or "fund infrastructure". Just find me one...can be a business, a rock star, an athlete, Oprah, I don't care who it is. Just find me one single entity who thinks they aren't paying enough in taxes and chooses to forego deductions so they can pay more. I dare ya.

Until then everyone can shut the hell up about this issue, because it's completely idiotic.

I hate to even be in the position of defending this despicable blowhard but there it is.
 
oneforthebus said:
Trump is neither a genius nor an evil selfish tax evader. He is exactly like every single other very wealthy individual or head of a multi-million dollar corporation who utilizes tax attorneys and accountants to minimize his taxable income in every single legal way possible.

I challenge the media or anyone else to locate a professionally prepared tax return in which someone refuses to take legal deductions so that they can pay more in taxes in order to "support the troops" or "fund infrastructure". Just find me one...can be a business, a rock star, an athlete, Oprah, I don't care who it is. Just find me one single entity who thinks they aren't paying enough in taxes and chooses to forego deductions so they can pay more. I dare ya.

Until then everyone can shut the hell up about this issue, because it's completely idiotic.

I hate to even be in the position of defending this despicable blowhard but there it is.
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You are correct. Everything you say is accurate and fact-based.

However, I and a ****-ton of other people are bothered by the fact that Trump paid a ****-ton less taxes over the past 18 years than I did. I will never forget my dad - a lifelong Republican - saying that he was very annoyed that Richard Nixon paid less taxes than he did.

Now, having said that, Kaine returning to the issue 10x was astonishingly annoying. I heard you the first time, ************. You know who Kaine reminds me of?

UztDEQ.png


Looks like somebody shares my opinion ...
 
However, I and a ****-ton of other people are bothered by the fact that Trump paid a ****-ton less taxes over the past 18 years than I did. I will never forget my dad - a lifelong Republican - saying that he was very annoyed that Richard Nixon paid less taxes than he did.
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I could go into the multitude of ways that neither Trump nor Nixon paid less taxes than you or your dad...unless we are only going to talk about individual personal federal income tax. Sales tax and property tax alone paid by him probably far exceeds both of you.

But there are reasons the tax code favors investment and development and attempts to minimize risk...you do realize this benefits us all, right? Now someone will come along screaming about trickle down economics, but guess what, the dirty little secret is that trickle down economics works.

http://www.forbes.com/sites/georgel...-destructive-phrase-of-all-time/#48e79b72555b
 
I said it before and I'll repeat.....you have NO RIGHT to ***** at Trump for taking deductions to help him pay less if you yourself take deductions. That's all.
 
Steelerlyn said:
I said it before and I'll repeat.....you have NO RIGHT to ***** at Trump for taking deductions to help him pay less if you yourself take deductions. That's all.
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I've never heard of anyone paying more taxes than they had to.
 
Ron Burgundy said:
I've never heard of anyone paying more taxes than they had to.
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Exactly. But apparently if you are Trump, you have to pay 100% or you suck as a human.
 
oneforthebus said:
Trump is neither a genius nor an evil selfish tax evader. He is exactly like every single other very wealthy individual or head of a multi-million dollar corporation who utilizes tax attorneys and accountants to minimize his taxable income in every single legal way possible.

I challenge the media or anyone else to locate a professionally prepared tax return in which someone refuses to take legal deductions so that they can pay more in taxes in order to "support the troops" or "fund infrastructure". Just find me one...can be a business, a rock star, an athlete, Oprah, I don't care who it is. Just find me one single entity who thinks they aren't paying enough in taxes and chooses to forego deductions so they can pay more. I dare ya.

Until then everyone can shut the hell up about this issue, because it's completely idiotic.

I hate to even be in the position of defending this despicable blowhard but there it is.
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Yep, i agree. Its also one of the reasons i dont like plans that spend a fortune and tax the "rich" .... They aren't paying that tax.. Either loopholes or simply by moving away... Its broken badly
 
Steelerlyn said:
Who DOESN'T take advantage of every loophole? Those pissed off middle class people have NO right to ***** about loopholes when I can guarantee they are taking deductions and all that to get as much money back as possible.
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I take no deductions save for the standard.. I hate taxes as much as the rest but someone has to pay them... I give away most of my money anyhow...I also havent moved out of the city where taxes are a percent or two higher than the townships a mile away.. I bet a lot of middle class people are like me, its foolish but frankly chasing money means nothing to me, so i guess if i wanted i have the moral high ground to ***** about loopholes...
 
ark steel said:
If he knowingly makes the shareholders make less money where he could have made them money, he gets sued.
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his obligation is to mother country first, komrade
 
Steeltime said:
You are correct. Everything you say is accurate and fact-based.

However, I and a ****-ton of other people are bothered by the fact that Trump paid a ****-ton less taxes over the past 18 years than I did. I will never forget my dad - a lifelong Republican - saying that he was very annoyed that Richard Nixon paid less taxes than he did.

Now, having said that, Kaine returning to the issue 10x was astonishingly annoying. I heard you the first time, ************. You know who Kaine reminds me of?

UztDEQ.png


Looks like somebody shares my opinion ...
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I just over here like: The FairTax takes care of all that.
 
What point is trying to be made by the Dems. Is their expectation that a person who uses legal avenues on their returns MUST still pay some sort of pie in the sky dollar amount if the perception is they are rich?

What's the point of having a tax code and tax laws if you're still going to hike to their front door with pitchforks even if they follow the rules????

This just screams...."what's yours is mine"
 
oneforthebus said:
I could go into the multitude of ways that neither Trump nor Nixon paid less taxes than you or your dad...unless we are only going to talk about individual personal federal income tax. Sales tax and property tax alone paid by him probably far exceeds both of you.
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Yes, I am speaking of personal income tax, which is the largest tax I pay, by far, every year. And trust me, I pay a lot.

While a guy who is worth billions pays nothing.

And to repeat - what you noted is accurate. However, we cannot simply ignore the fact that Trump has basically confirmed he has paid no income tax for some number of years, at a time where his television show "The Apprentice" earned him $214 million.

http://www.hollywoodreporter.com/news/donald-trump-touts-214m-income-808924

The same article indicates that Trump identified his income for the prior year at $362 million. Wait, you earned $362 million and paid ZERO income tax??

Stop pretending like that is okay. Jeez, Louise, we are just giving the idiot Democrats the tool they are looking for to enact some destructive tax policies.
 
Steeltime said:
Yes, I am speaking of personal income tax, which is the largest tax I pay, by far, every year. And trust me, I pay a lot.

While a guy who is worth billions pays nothing.

And to repeat - what you noted is accurate. However, we cannot simply ignore the fact that Trump has basically confirmed he has paid no income tax for some number of years, at a time where his television show "The Apprentice" earned him $214 million.

http://www.hollywoodreporter.com/news/donald-trump-touts-214m-income-808924

The same article indicates that Trump identified his income for the prior year at $362 million. Wait, you earned $362 million and paid ZERO income tax??

Stop pretending like that is okay. Jeez, Louise, we are just giving the idiot Democrats the tool they are looking for to enact some destructive tax policies.
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What is not okay about it? Oversimplification, but if your business loses 900 million and earns 362 million, you are still more than 500 million in the hole. So yeah, you don't pay taxes til your losses are recouped. Not something to brag about but certainly nothing that's morally or ethically wrong. Again, if we taxed businesses on their losses no one would go into business ever.
 
oneforthebus said:
What is not okay about it? Oversimplification, but if your business loses 900 million and earns 362 million, you are still more than 500 million in the hole. So yeah, you don't pay taxes til your losses are recouped.
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His business lost $900 million 21 years ago. Why is Trump unwilling to provide tax returns for the past year? That $900 million loss should be long gone.

If he is still not paying income tax, 21 years after this loss, is that okay? I don't think it is.

Look, I am not a guy who thinks that millionaires should be taxed into the middle class. I think the present tax rates are confiscatory. But for the love of all that is holy, don't we think that a guy earning $362 million in taxable income should pay, oh, I don't know, some income tax?
 
so much for that


McCain Backs Up Trump And Blames Media For Backlash To PTSD Comments

"The bias that is in the media. What he is saying is that some people, for whatever reason, and we really don’t understand why, suffer from PTSD, and others don’t," McCain told the Arizona Daily Star's editorial board.

“I know people who have suffered from PTSD,” McCain continued. “I never have. I have never had a flashback. I never had a bad memory; I never had anything but the greatest gratitude for the honor of serving in the company of heroes.”

http://talkingpointsmemo.com/livewire/mccain-defends-trump-ptsd-gaffe
 
His business lost $900 million 21 years ago. Why is Trump unwilling to provide tax returns for the past year? That $900 million loss should be long gone.

If he is still not paying income tax, 21 years after this loss, is that okay? I don't think it is.
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I have no idea why he won't release his returns, personally I think whatever the reason it would have been defused months ago had he just released them and taken the heat then. We don't have confirmation that he hasn't paid any taxes in the last 21 years. You can only carry the loss over 15 years from what I've read, but certainly if he had gains that exceeded his losses he would have had to pay taxes on those unless he had other losses or took other deductions. I can pretty much guarantee there was nothing illegal because the IRS is all over big losses like flies on ****. I guarantee this loss was examined with a microscope.

The reality is most businesses try not to have excessive profits at the end of each year, for the exact reason of tax liability. You reinvest, you pay it out in salaries and bonuses, you deduct every last loss and expense...you don't want to pay taxes on a big pile of cash at the end of the year. That's how it's done and that's good for business which in turn is good for the economy. Now of course his business lost a massive amount which isn't good for anyone, but we also shouldn't forget that the failure of the AC casino business had to do with a lot of other factors out of Trump's control. It sounds like he badly mismanaged his finances, but his weren't the only Atlantic City casinos to lose hundreds of millions.

Again, I have no reason to defend Trump, I won't vote for him for a variety of other reasons, but businesses earn millions and lose millions every day and they don't pay taxes on losses. It's not unusual and its not the scandal the media is making it out to be. I just hope this doesn't result in a bunch of stupid laws being passed that are going to squash investment and development. That's the last thing this economy needs.
 
oneforthebus said:
I have no idea why he won't release his returns, personally I think whatever the reason it would have been defused months ago had he just released them and taken the heat then.
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Agreed.

I have to believe he was very uncertain that he would win the nomination, and felt that he had no reason to disclose such personal, confidential information at that point. Now, he is paying the price.
 
Trump has said repeatedly that he is being audited by the IRS (coincidence?) and that his attorney has advised him not to release the records until the audit is over. He said he would go against the advice of his attorney and release them early if Hillary releases the 30,000 emails that she deleted.
 
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