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I really am not into his guilt or non guilt.
It must be nice to prance around globe with a private jet and 10 thousand dollar suits while not paying taxes on the money used to purchase the jet and suits.
I am just interested on his election chances after these revelations.
Yup......losing hundreds of millions but living like a king. He is living on someone else's money.

The big question is whose money is it and what do they demand in return.
 

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It just shows the kind of schemes the wealthy use to avoid paying their fair share of taxes. No wonder people want to "tax the rich".
Exactly. He demonstrates exactly why we need to aggressively tax the rich and close the loopholes.

If we're assuming he actually is good at business and not a total loser, then someone as rich as him should be paying far more than $750 in taxes.

I recently cut a cheque for $22,000 to the IRS meaning I pay $21,250 more in tax than Trump does.

This is what we mean when we talk about the rich having to pay their "fair share". How much more clear can it get? This guy doesn't pay his fair share of taxes.
 

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Exactly. He demonstrates exactly why we need to aggressively tax the rich and close the loopholes.

If we're assuming he actually is good at business and not a total loser, then someone as rich as him should be paying far more than $750 in taxes.

I recently cut a cheque for $22,000 to the IRS meaning I pay $21,250 more in tax than Trump does.

This is what we mean when we talk about the rich having to pay their "fair share". How much more clear can it get? This guy doesn't pay his fair share of taxes.
He is paying what he owed. Although apparently there some dispute over $72.9M tax refund he received, so he could owe that. The brief story I understand is that one of his businesses went bankrupt, so there was a tax deduction if it was a total loss and didn't retain any ownership. But, he decided to retain 5% of the subsequent entity, so he isn't entitled to it.

The problem is that his taxes are conflating personal and corporate activities. Most of what he deducts as personal business expenses wouldn't fly for just about anyone. The tax code is messed up, the fact that you could claim real estate depreciation from your businesses on your personal taxes is really bad. But of course, that loophole will never get closed up.
 

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It just shows the kind of schemes the wealthy use to avoid paying their fair share of taxes. No wonder people want to "tax the rich".
And yet the top 10 percent of income earners pay almost 70 percent of federal income taxes. Go figure. Take money from those that earn it and give it to those that don't - fair share indeed - the Marxist credo.

ltr
 

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Is Donald Trump a bum who never made any money and went bankrupt 6 times? In that case how could he owe any taxes?

Is he a self made billionaire who pays the minimum legal tax? That makes him a smart businessman.

You can't have it both ways.

One thing we do know, there is no Russian collusion and no illegal tax avoidance. If there was they would have found it by now.
 

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One year I paid almost $250,000 income taxes...since retiring I carefully manipulate my income so I have been paying only a few k/year but am richer than when I was dinged 1/4 mill. Lots of tax payers just like me.
 

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Is Donald Trump a bum who never made any money and went bankrupt 6 times? In that case how could he owe any taxes?

Is he a self made billionaire who pays the minimum legal tax? That makes him a smart businessman.

You can't have it both ways.

One thing we do know, there is no Russian collusion and no illegal tax avoidance. If there was they would have found it by now.
A smart businessman would not go bankrupt 6 times :p
 

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Funny how cons always brings out the past. the clintons are done, obama is gone. Move on :p
The Clinton Foundation is currently being criminally investigated as well as Obama's role in the fake Russian collusion hoax. Trump's bankruptcies were in the past.
 

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The Clinton Foundation is currently being criminally investigated as well as Obama's role in the fake Russian collusion hoax. Trump's bankruptcies were in the past.
That's great, investigate all you want. Are they in charge now? Trump got his 4 years. So who cares what happens to Clinton or Obama... I personally don't care at all. If they messed up, they need to pay for their actions.

Seems like some people just need to spread their hate, since Trump is losing polls.
 

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That's great, investigate all you want. Are they in charge now? Trump got his 4 years. So who cares what happens to Clinton or Obama... I personally don't care at all. If they messed up, they need to pay for their actions.

Seems like some people just need to spread their hate, since Trump is losing polls.
I think this pretty much sums it up.

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It's strange to me how Obama comes back to the table. Don't recall him ever shelling out 130k to shut up a porn star (call it fake news all you want, it was confirmed by king trump).

ANDDD it's very sad that Trump is currently losing polls to a pedophile dead corpse. A door stopper could have done fine too!
 
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