Trumps tax returns show he paid NO taxes in 2020, committee says

not hardly

 

yep, we are

 

Clearly, that is not all he did. Everything he does is illegal, immoral and/or unethical.

This shouldn't even be a question because it's already been reported that his financial statements were deemed to be untrustworthy because he used different numbers depending on who he was trying to scam. Elevated numbers to get loans, lower numbers for liabilities.

They like to brag that he didn't take his POTUS salary of $400K/year. So what, he price gouged our wallets for MILLIONS and used his job to score personal loans and set up deals while throwing us under the bus.

 

not to mention what he charges the secrete service, rent, golf carts, etc...

 

Who told you that?

BTW You do pay tax on charity donations. You claim it back when you submit your tax return

 

good point, I suppose people that have never got a paycheck would not know that, income is all counted as income, then you get some back

 

Charity donations aren't taxed. If Trump donated his salary, he was perfectly able to write off 100% of it.

 

Well, that all depends. Ives been self employed for years and have never gotten anything back, unless I overpaid, which happened once and the revenuers sent me a check for 43 bucks...lol

 

he paid tax on the paycheck, then could write off the donation

 

I didn't find that shocking as he's always played fast and loose with price gouging.

The one that blindsided me is he has a loan of $1B from North Korea since before the 2016 election. That's probably why he didn't want to release them.

And, in his slimy carnival act for his victims he plays all tough and rough. Pelosi went to Chinatown when he was spewing his xenophobia and Ukraine during Russia's invasion and his dumb@ss is afraid of fruit. /smdh

He's a broke joke.


https://www.cnn.com/2022/04/28/politics/donald-trump-dangerous-fruit-tomato/index.html

 

Which leaves -$400,000 and that adds up to a $0.00 tax bill.

 

How do you explain the negative 12 million dollars in 2017, or are we going to conveniently ignore that? Apparently, the person who becomes President shouldn't have a positive net income. Unless of course it's those damn royalty book deals, those are okay. Oh and speaker fees.

 

You pay the tax at the time you get your salary what ever you do with that income. You claim back some of the tax on charity donations between one and two years later. And you don't write off 100% of the tax. You still have to pay some taxes

 

Depends on how much the tax was. You aren't taxed by percentages, those percentages are there after the fact. Your taxes are by dollar amount. So as an example, when you read a receipt, you'll see the percentage but right next to the percentage is the dollar amount. If your deductibles cover the amount, then it's effectively 0 like a cash coupon.

 

Mitt Romney makes quite a bit of money and doesn't pay taxes. Maybe you aren't aware of the concept of legal tax shelters? BTW, the heads of ANTIFA and BLM, for examples, know and use tax shelters...You need to get with the times.

 

We are referring to $400,000 charity donations. $100,000 per quarter. That donation is taxed at source. Any tax rebates are claimed back after year end

 

Plus,

$144,000,000 is larger than $400K

https://trumpgolfcount.com/

 

And he doubled the golf course member subscription cost from $100,000 per year to $200,000 per year in the week he became President

 

The super rich hire tax lawyers to fight the IRS. The IRS can send an army of agents and it would take years of litigation to squeeze just an ounce of taxes out of the rich. The middle class on the other hand don't have the money to fight the IRS so guess who all those new agents will go after?

 

He even embezzled from his inauguration funds and PACs.

I honestly still can't conceptualize people that claim to be for "law and order" turning their backs on what he caused to happen to the Capitol police officers. To date, he still hasn't mentioned any of them.

I also can't process apathy toward the donors he stole from by using a deceptive link on his donation page. Some couldn't pay their bills, buy food or medications. He had his staff ignore their calls and some of them took him to court where a judge FORCED him to refund their money. Some passed away before the judgment. He $122.7M from his own donors. It's just unconsciousable.

They are even shrugging off an attempted takeover of our government. I knew about the very, very deep bigotry but didn't have treason on my Bingo card. It's too much. I don't even work for him and I'm mentally and physically exhausted from his toxicity and negativity. He will always hate me because I've never been a supporter but to lie and manipulate his own supporters is just evil. Pure evil.

I know it won't happen but I really wish it could happen. Until now, I've always been against the death penalty. Like pedophiles, I truly believe he's not fixable. He's just not and he has no redeemable qualities to offset that.

 

Oh my, throw him in jail why don’t you??

 

FIRST TIME? Wow, you are waaaayyyy to trusting of the corrupt “leaders” of our country.

and please don’t ask me for proof, our corrupt political leaders do not give honest interviews saying “yup that’s my intentions”.

 

How much a person or company or corporation paid in taxes is not evidence of wrong-doing. Whether the data used for the return were correct or fudged is another matter entirely. The former is obvious from a simple perusal of the return. The latter requires investigation. Given the newly-released returns, it's the research journalist's turn.

Regards, stay safe 'n well.

 

When someone can make millions in losses each year for a decade with billions in assets while living a life of luxury something is wrong with our tax system.

Someone would have to be a complete FOOL to believe he had negative 12 million in income. Especially stretching that period of time.

That the only time he actually couldn’t hide it is when he was president though is concerning.

 

Working on it
And if that doesn’t work hopefully all the stress gets to him