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

WRONG

WRONG AGAIN

 

Yeah, well he has a history of inflating the value of assets when it helps him (loans) and deflating the value when it hurts him (taxes). "Miscalculating" the value of things is how he can commit soft fraud that he may be able to get away with.

 

My understanding of the chronology is:

1. He claimed he was being audited and couldn't release the information.
2. IRS made statement they can't stop anyone from disclosing their taxes.
3. He appoints Mnuchin (probably already had an orange nose).
4. Mnuchin lies to Congress to cover Toxic Traitor.
5. His usual play is to stall, ask a judge to dismiss a case.
6. Has mafia goons can add pressure to stop it.
7. Concocts BS to feed his marks/victims for the upcoming disclosure.
8. Names names so goons commit more crimes threatening his targets.
9. Uses latest LEGIT investigation for grifting on his "persecution" complex.
10. Can't explain why they can't recognize all the earmarks of CAREER CRIMINAL.

My best guess is he has been able to financial rape and abuse just about everyone in his path so in his deluded brain he's just "untouchable".

I conclude that his taxes were "skimmed" (probably at Mnuchin's direction to 'not find anything') for the one audit they did after the documents were requested.

It is amazing to me how many idiots have torpedoed their own careers for such a worthless POS.

The nice part is this is the best lead up to Christmas for millions of us and I didn't have to pay for as many "Happy Holidays" cards since I removed all psycho MAGAs from my offline life.

P.S. Don't forget to stock up on ketchup. I sense another shortage coming. Like his spineless lemmings, they seem to have no clue they are walking to their own slaughter. /smdh

 

It's shocking to me that anyone still defends the indefensible but more worrisome they don't care how egregious his actions are even against our country.

If this isn't the stupidest thing on Earth, I don't know what is. Why would a career criminal that absolutely can't do anything honest, ethical or moral want to put himself in the most visible and scrutinized position on the planet? He could have continued bullying people in court, stealing, defaulting on loans, not paying his bills all over the country for the rest of his miserable @sshole life with most of the world thinking he was the "picture of success". /smdh

 

LOL, the accounting firm that he used said not to trust the books from which the returns were based. That was more than more than 10 years worth. Second, I don't know who was the accounting firm. these firms, to keep their clients happy and satisfied, only have to abide by the ethics rules under Circular 230. And that does not mean they are true and accurate though.

 

that is a code section in the Internal Revenue Code, not an accounting firm.

 

that's the question that needs to be answered, but it won't in the next session of congress.

 

I have not given much to what I used to do professionally, but the fact that I know a thing or two about IRS audits should say something. There are questionable deductions per the report. the questions include why those questionable deductions were not verified through the IRS audit system, and second would those questionable deductions lead to the conclusion of Trump not paying the proper amount of tax through the code. That cannot be determined unless a proper audit is conducted.

 

It is probable that Munchin did have something to say or do in regards to Trump not being audited in the first two years. But at the same time, IRS audits are not the same as they were before 1998 as well. In addition, most of the teeth of an IRS audit, especially in person audits, are more political than anything else, even with taxpayers who do not hold a political position. But this is common among the IRS audit system with the upper-income audit groups, handled by the LBI division of the IRS. They work in teams, usually three or four auditors, each specializing in a section of the return. And they are met by the tax attorneys and CPA en masse.

 

If you don't have one no.

 

Yes, I am an accountant, I am well aware of that

However, unless there is proof of something illegal, it is just idle speculation.

As for the audit, or lack thereof, just part of the larger issue of the garbage on both sides

 

As you are aware of, all deductions claimed by the taxpayer must be substantiated. And income must be substantiated by the IRS, which is a lot harder to do. As an accountant, if you cannot substantiate the deductions, you have basically two choices: a not to do the taxes of the client, or B, do the taxes of the client and warn them that they may be audited in the future. And you and I both know that some people in the business world try to play both sides and when things don't go their way, blame the accountant, who advised you in the beginning not to take them.

My main arguement is the unsubstantiated deductions, per the report and why it was not verified.

 

I understand but we can let go of the notion that Orange Jesus was a Boy Scout before he stained our White House. It's not impossible to imagine he has several loyalists within ever level of every agency, court and anywhere else he needs someone to look the other way.

I now think it's wrong for schools to teach our children about character building and good citizenship. I never thought I'd ever have that opinion but I do now.

 

there are no boy scouts in this world, especially in the political arena. But my focus is on the $300 million unsubstantiated deductions on the return and why they were not verified through the IRS audit.

Look Trump only looks out for himself, no one else. Period. But schools teaching character is a good thing, as long as it is honest in the way they teach character. It used to be taught in this country as part of the school curriculum, such as do not steal, tell the truth, do the best you can do, be honest, etc. We hear these words in hollowed institutions, but the words have no meaning or context today because they are also taught that if you can get away with something, then it should also be legal. Enter the conservative moral equivalence, and why facts really don't matter anymore.

 

Same reason he couldn’t accept his election loss. He’s a narcissist and being president is a bigger deal than being wealthy.

 

There is NO reason for them to look into it because none of the powers-that-be were willing to take him to task. Why bother if he's going to just get away with it like he gets away with conning people his whole darn miserable life?

I didn't just pull that from the sky. It started in this forum when I first wanted to understand more about politics because I'm a parent.

I stand by my position because of my own experiences and watching Cheney and Kinzinger being terrorized for doing the right thing. I've lost count how many people have lost jobs because they won't lie, cheat or steal. I've lost count on how many people have been sexually violated on the job and their co-workers and managers side against them. And, on and on.

We are basically setting up our kids to believe in something that doesn't actually exist.

In elementary school, one of my classmates had a baby bottle in her lunch bag every day. I wasn't friends with her so I never asked why but just noticed it. Fast forward until after high school graduation (we didn't attend the same HS) another classmate had a terrible accident and old friends contacted me about his funeral arrangements. That's when I learned our former classmate's mother was a high priced escort and she was training her daughter to become one. The baby bottle was to have her "practice" that technique.

It's not a secret that Kathy Hilton's mother taught her how to perform oral sex so she could land a rich man.

You can search any social media site and read all comments from people that think the sole responsibility for pregnancy is a woman's inability or unwillingness to say "no". Yet, they are the same group that expected us to call a high priced escort, former lesbian porn nude model "lady".

On our side, we have seen a cesspool of spineless Republicans that capitulated to Trump's bullying and abhorrent behavior. There is no reason we are sitting on the edge of our seats waiting to find out which enemy our traitorous fPOTUS sold our documents to and some people in this country are more than willing to help him destroy our country and Constitution. Pence had the position and voice to sound an alarm. He just didn't have the spine to do it.

There should be NO possible pathway for Trump to be re-elected. Or, not indicted. Or, active insurrectionists and co-conspirators were on midterm ballots with most re-elected. Garland has been derelict in his duties or none of the above could have happened. We strut around like peacocks saying we are top dog and the best country in the world.

Earlier this month, a candidate in Peru learned very quickly that the people wouldn't accept his BS.


https://www.latimes.com/world-natio...pid-fall-power-arrest-peru-president-castillo

Yet, countless people around Trump have been facing lawsuits, subpoenas, prosecution and some convictions while he's been free to hold our media hostage forever. He's been free to have his KKK rallies. To lie, continue to grift, to sow more division and insult and assault the checks and balances we have in place and our very Constitution.

In a world that can justify a cop killing a black or brown person without a moment of hesitation is the same one that has enabled, helped, covered and excused the crime after crime after crime. Our laws and enforcement of them were not and should not mean absolute immunity for crimes against humanity, war crimes and our highest crime - treason.

It's simply not fair to ask our children to do "the right thing" when ADULTS in leadership roles can't or won't do that.

 

100% agree.

He's about 3 Big Macs away from the end. Our biggest threat are his marks/victims that are going to see any justice against him as unfair and unreasonable. They are also the least educated demographic so more inclined to go from 0 to 120 in a split second. They also side with Russia which is a 100% match for invading every agency, every layer within our justice system and every home inside our country. We are literally sleeping with the enemy.

 

you can trust Trump, the rest of us will want to see receipts to believe him

 

You wouldn't believe him, anyway...lol

 

not without proof

 

Nope. I won't trust documentation from him or his mafia gang. They need to be directly from the source and notarized in a sealed envelope, overnight delivery, signature required.

 

they said he reported he gave some charity in cash - let's see the receipts

if everyone could just say cash... be a lot of people doing that... lol

 

Great point!!

Now explain what he is guilty of and why he is not detained, under arrest, or in jail.

 

Got it, however my youngest nephew can do that, what’s your point?

President Trump hasn’t been accused by anyone other than your current corrupt political leaders and those who trust them. If there was any ounce of guilt by him the internet would completely melt.

 

He embezzled from a children’s cancer charity — financial penalties and unable
His university was fraudulent — financial penalty
Tax fraud at his businesses — financial penalty

So it looks like he he has been able to buy his way out of everything thus far. Hopefully theft of classified documents and some of the other referrals will result in more than a slap on the wrist.

Do you people ever get tired of defending a man that pretty much stole from dying children? Or is he that representative of the “values” y’all hold?