Corey Lewandowski: Trump Worth $10B, Will Release Tax Returns After Audit
Shady accounting underpins Trump’s wealth
The GOP nominee is rich. But how rich depends on odd accounting and subjective criteria.
By Ben White
05/31/16
http://www.politico.com/story/2016/05/donald-trump-money-net-worth-223662#ixzz4AFw3gnVb
Fact: You are either going to live in Trump town or Hillary town, that's the 2 choices. You can protest all you want, but that doesn't accomplish anything but help elect Hillary in the end and get you moved to Hillary Town.
Trump Likely to File, Release 2015 Taxes This Month
By Theodore Bunker | Wednesday, 05 Oct 2016
After the first presidential debate with Hillary Clinton, Trump said his "current returns will be released as soon as they're complete."
Last year Trump filed his taxes on October 15, presumably after receiving a six-month extension from the IRS. If he used an extension this year, he's due to file his taxes on October 17, according to The Wall Street Journal.
On Saturday The New York Times published a report that Trump could have legally avoided taxes for 18 years after declaring an almost $1 billion loss in 1995.
If Trump were to release his 2015 return, it could work in his favor. He could file a "politically palatable" statement, in the Journal's words, similarly to former GOP candidate Mitt Romney.
In 2012, Romney released his 2011 tax return in September, a move Trump criticized as coming too close to the election. He chose not to deduct almost $2 million in charitable donations in order to pay an effective tax rate of 13 percent, which he'd promised he would.
Even if Trump does choose not to take deductions as Romney did, he would still have the opportunity to amend his return long after the election is over, up to three years from now.
http://www.newsmax.com/Headline/trump-file-release-taxes/2016/10/05/id/751822/#ixzz4MEuc6O18
Its a non issue as far as i am concerned. If the IRS is ok with all his filings - why arnt liberals?
not a big deal to me if he doesn't. every rich guy does it. I deduct as much as possible. who wouldn't????
If its not illegal to withhold taxes, then i dont see the issue. So what for the last 44 years the party's nominee has done it. Trump is a Maverick. Support the troops... but not with my taxes... Just yell about how much you emotionally support them... but no substance...
If its not illegal to withhold taxes, then i dont see the issue. So what for the last 44 years the party's nominee has done it. Trump is a Maverick. Support the troops... but not with my taxes... Just yell about how much you emotionally support them... but no substance...
So his charitable donation to veterans isn't enough? You want him to pay extra taxes?
IF the government runs on taxes...Roads, bridges, schools, public officials, LEO and military, how can you then say you support our American way of life?
IF the government runs on taxes...Roads, bridges, schools, public officials, LEO and military, how can you then say you support our American way of life?
Blame the congress for the laws - not a citizen for not paying more than he is obligated to pay. Again - at the end of the year - assuming you earn an income of course - do you pay more than you have to?
grow up... lets put on our big boy pants and talk like gentlemen.
I'm trolling you - you know that. Your one of the dudes i respect on here. ;)
I pay a shit ton in taxes... i do, and im pissed when we spend it on 100 tanks the military didnt ask for. Or in LA, there have been like 40 new schools built for which i can see no discernible reason other than a dignified welfare system for government workers, no different from the DEA's "war on drugs" being nothing more than Job security for agents, jailers, DAs and judges. But i have no choice as the alternative is we pay what we feel and nothing gets done as mans inherent greed will trump all.
First time we've actually had a businessman and not a lifelong politician run office. That being said, since he actually earned his money his tax returns should be none of anyones business. He's never been in politics. On the other hand it only makes sense for a politician that been in a life long politician to show theirs. How does one in politics go from making a modest salary to being worth millions inside of a few years? How does Killary, that claimed to be in the red, figuring out how to pay for college, paying mortgages to being worth a over quarter of a billion? Talking about making $$ off the "little people" nothing like skimming of the tax payers.
At least Trump earned his money.
;D
;D
If its not illegal to withhold taxes, then i dont see the issue. So what for the last 44 years the party's nominee has done it. Trump is a Maverick. Support the troops... but not with my taxes... Just yell about how much you emotionally support them... but no substance...
Am I right or wrong?
You do realize that taxes include more than just federal income taxes?
I live in California. I pay fed, state and local taxes. Im a grown ass employed man. Dont try to play me chief
I live in California. I pay fed, state and local taxes. Im a grown ass employed man. Dont try to play me chief
IF the government runs on taxes...Roads, bridges, schools, public officials, LEO and military, how can you then say you support our American way of life?
I see. So even though this entire issue with Trump revolves exclusively around whether or not he paid federal income taxes, and your comments were talking about federal income taxes, your really understood that Trump's taxes includes property taxes, payroll taxes, sales taxes, etc.?we pay troops from what tax fund?
we pay troops from what tax fund?
I see. So even though this entire issue with Trump revolves exclusively around whether or not he paid federal income taxes, and your comments were talking about federal income taxes, your really understood that Trump's taxes includes property taxes, payroll taxes, sales taxes, etc.?
Well, sales and property are all local taxes.
The money doesn't go to the federal government, so it doesn't pay for things like Military, interstate roads, or higher education.
I expect they would pay for local funding of things.
Payroll taxes are to federal government, but Trump doesn't pay a payroll tax himself, his companies do.
Whether it's legal or not, and we surely know it was legal, it doesn't really seem very "right" when people like you and I could never get away with that.
The other thing that bugs me is how everyone is say Trump was "smart" for not having to pay those taxes.
Trump doesn't do his own taxes, he has a tax attorney and a CPA do them for him. THOSE people are smart. They got all of that done, not Trump really.
What federal taxes pay for higher education?
I don't make a distinction between Trump and his company. He is the company. His name is everything. So if his company pays payroll taxes that is Trump paying payroll taxes in my view.
Nothing illegal about paying the least amount of taxes possible. And I do think it's smart to hire people who can help you. I'm smart to enough to know what I don't know, so I consult with people all the time. I also don't do my own taxes. I expect the folks who handle my taxes to have me paying the least amount possible. Don't you do the same thing?
No question I do, but it's not like Trump does his actual taxes to know the deductions. That's all I'm saying.
I don't exactly "which" taxes. I assume there is a pool.
I only say it because I read this the other day. It is old.
http://www.air.org/news/press-release/taxpayer-subsidies-most-colleges-and-universities-average-between-8000-more
Interesting article. Good info. Did not know that. Thanks.
I think a person should get credit for hiring and consulting with smart people.
Now excuse me while I go take a shower. I feel like I've been defending Trump all week. :-\
They should, but recently, Trump's hiring of smart people has been questionable at best. I mean, maybe he is, but he's not listening to many of them these days. (At least that's how it seems)
He actually has done a good job with his major hires during the campaign. Lewandowski got him into the primaries. Firing him and hiring Manifort was a smart move, because it helped him through the primaries/caucuses. Firing Manifort and hiring Conway was a smart move, because she helped him be less of a douchebag, apologize for his behavior, got him to read from a teleprompter, appear slightly more presidential, etc. And Pence was a good VP choice.
You tell me.
Also, tell me tax fund pays for "Roads, bridges, schools, public officials, LEO."
Yes... we pay for The Troops you love, via federal funds.
Roads... yes.. interstates... also paid for by federal funds.
public officials, yes...a gain.. federal funds
LEO... FBI, CIA, DEA, ATF... again.. federal funds
State taxes pay for schools but who makes up the difference..yup.. federal (title 1)
I I feel like I've been defending Trump all week. :-\
No doubt Trump appreciates your defense.
No doubt Trump appreciates your defense.
"Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes."
Gregory v. Helvering, 69 F.2d 809, 810 (2d Cir. 1934)
Nice.
Actually that depends on what troops you're talking about. National Guard troops are mostly paid by the states.Im talking about the regular army navy air force and marines... "they make up a lot more" of the military they are talking about. $0.42 of every $1 federal tax dollar goes to military.
There are a lot more "public officials" at the state and local level, who are paid with state and local tax dollars.
Yes, the FBI, CIA, DEA, an AFT are paid with federal tax dollars. They are also a minority of the "LEO" in this country. State, county, and local law enforcement are paid with state and local tax dollars.
The majority of the "roads, bridges, schools" that we use are state and local facilities funded with state and local tax dollars. The federal government does not repair potholes on roads most of use to get to and from work, school, etc.
And overall, if you are saying you don't try and pay the least amount of income tax possible you are full of it. No offense intended.
Liberal faggets are so full of it. How many of these little pussies tell their CPA to not take deductions so they can pay more? Bunch of losers and milleinal pajama wearing twinks.
I tell my tax guy (me) to take as many deductions as possible and I still pay state and federal income tax every year.
And if one year he says you dont owe anything are you going to protest and demand you pay more? No of course not!!!
so this is just another non-issue by liberal idiots
so... how do you support the troops if you dont pay federal taxes?.... This is a real question.
FALSE!
That is not your problem as a citizen - these pofs that are elected vote on stuff like that and also happen to writre the tax laws. So if their little bs scams dont work out - F em.
I'm not paying a penny more than i have to. and guess what - you dont or wont either.
Lets stop the garbage already on this issue w the liberal faggetry and pajama boy bs.
ok this is how this goes... if i ask a question on how something works, the answer cant be "false".. it isnt a true or false question.
So again... How do you "support the troops"... the federally tax paid military, without paying federal taxes?
And if one year he says you dont owe anything are you going to protest and demand you pay more? No of course not!!!
so this is just another non-issue by liberal idiots
In almost 60 years of filing taxes, I have never hit the zero mark you referenced. That tax filing you hypothetically referenced will likely never come to pass.Every post you make. Here or in the gossip and opinions is laughable and out of touch.
My two sons military careers which entailed putting their lives on the line helping to insure those of us (including you) who sit comfortably at home are as safe as is possible, appreciate any recognition and support they receive from us via taxes and charitable gifts.
Tell me exactly what is liberal about supporting our troops when paying our fair share of taxes? Your buddy Trump has seemingly paid squat for the protection he has been afforded.
In a mean spirited moment, I thought Trump should immigrate to Russia where he can cozy up to his idol, Vladimir Putin. They are both bullies. They should get along famously spending time groping women's "pussies". Oh wait, two dictator's aren't likely to get along for very long. ;)
Im talking about the regular army navy air force and marines... "they make up a lot more" of the military they are talking about. $0.42 of every $1 federal tax dollar goes to military.
Public officials i was talking about were the ones paid by federal taxes. There are local government positions too.. but the ones i was talking about were of the federal variety.
Same goes for LEO... i was talking about the federal ones.....the ones federal taxes pay for... i thought we were talking about federal taxes
Again. i know a portion of transportation comes from state funds....but there is also a federal department of transportation... and thats paid for by federal dollars
"We certainly want to be sure we get every federal dollar that is available to our state," he said.
The federal money plays a major role in the complex cash flow system that fuels South Carolina's DOT and most DOTs around the nation.
http://www.greenvilleonline.com/story/news/politics/2015/04/26/sc-road-projects-federal-tax-dollars-work/26314107/
not sure what the rebuttal was for. My point is that there are federal programs and entities that depend on federal tax dollars and some of the agencies Trump says he supports only gain support dont get it in the form of money from Mr Trump
Every post you make. Here or in the gossip and opinions is laughable and out of touch.
You do realize that Hillary has an email speaking well of Putin? Hilarious that she attacked Trump over that.
Oh, wait!! You vote for her to push your homosexual/trangender, etc. agenda.
Oh wait!! She doesn't even believe in that either behind closed doors. Wake up.
You and people like you are a problem. You don't care one bit about what happens to our country and the future because you'll be dead in the near future. Hopefully, you'll live long enough to see what your vote helped to create.
"Oh there's a "D" next to that candidates name!! I'm voting for Hillary."
I was shedding light on your contention that all of those things are supported by federal income tax. They are not.
It sounds like your point is someone cannot "support the Troops" unless they pay federal income tax. You are then saying that the approximately half of people/families that don't pay federal income tax don't support the troops. Paying federal income tax isn't some test of support for the armed forces.
Your "boy" is going down in flames at this very moment.That's all you have to post, lol? I've already acknowledged that. That's because of morons like you refusing to actually know who and what you are voting for.
yes... they are...i pointed it out
and what form of support are they offering if its not with money. Prayers?
Prayers dont get tanks built and pay for body armor... money does
No, you overstated your point, which I clarified. Not all armed forces, public officials, law enforcement officers, "roads, bridges, schools" are paid with federal tax dollars.i never used your straw "all".
Prayer is definitely a form of support for anyone, but that's your straw man, not mine.
The test of whether or not any American supports the military or any other publicly funded entity/project is not based on the amount of federal income tax one pays. That's just silly.
i never used your straw "all".
Please show me another way of substance that one can support the troops
I was shedding light on your contention that all of those things are supported by federal income tax. They are not.
yes... they are...i pointed it out
Bruh.
How can you support the troops other than paying federal income tax? Come on man. Non-exhaustive list:
1. Donating money to organizations that help active, reserve, guard, retired, and veterans.
2. Donating time to help those same organizations.
3. Providing moral or financial support to people who serve (or have served).
4. Paying any kind of federal tax.
5. Paying any kind of state tax.
6. Attending events that support or recognize current and former service members.
7. Being respectful.
What is your list?
Money
Money
Shallow. And there is no way of knowing if one dime of the money the government takes from any individual supports the defense budget or some pork barrel project, like studying the alcohol habits of lesbians. http://www.newsmax.com/Newsfront/Feds-Study-Lesbian-Couple-Drinking/2016/08/29/id/745642/#ixzz4Ikhq1tsJ
shitting me right... you dont think that our tax dollars are accounted for... thats insanely easy. X amount of federal income revenue is collected per year... and then a portion of it goes into defense spending.... if they took in 100 bucks...and $16 of it was spent on defense... 16% of every dollar goes into defense... so... like.. yeah its a pretty easy equation
Release Obamas school transcripts. No one has ever seen them either. As for Trumps, no body gives a crap except those on the left that are trying to dig something up on him. Fact of the matter is, he was a private citizen then not a life long politician. His money not ours. Politicians money is ours, not theirs.
Why would Obama need to release school transcripts? First of all, there is a law against that. The only thing that is legal is to ask if they attended and of course the schools say he did. Also, he has professors that state he did as well and he was in their classes.
Other things to note:
1. Obama isn't the President anymore, so why do you care about his school transcripts still?
2. Trump has no legal requirement to release any tax documents, we are all aware of this. It's just something that most people running for President for about 75 years have done. It's not some big deal, but it does typically mean that there's something there he doesn't want people to see. I don't think it's criminal, but it probably speaks more to how much of a blow hard he is and how he isn't as rich as he as claimed.
3. I assume most people don't care if he releases his taxes anyway... I surely don't care about them. If they do, it doesn't matter.
I get all of that....every bit of it. Obama and Obama alone can release those transcripts if he wanted which still begs to asks the question (even if he is out of office now) what was he hiding? The same question that was being asked of Trump even before he was elected and now.
Oh, people asked that of Obama before he was elected too. He was an illegal tribesman from Kenya before he took office.
I don't know if he was hiding anything other than some bad grades to be honest. That's the only thing that would make sense.
What's Trump hiding in his taxes? Something illegal? Probably not. Like I said before. I don't think either of them is some big conspiracy that the other side wants to make it out to be.
If Trump was hiding something illegal, he'd be caught by the auditors.
I don't think any President should have to release their returns. If they are filed legally, it's a non story. The returns are only used for useless talking points: "look how rich and out of touch he is" or "look how little he paid in taxes".
Release Obamas school transcripts. No one has ever seen them either. As for Trumps, no body gives a crap except those on the left that are trying to dig something up on him. Fact of the matter is, he was a private citizen then not a life long politician. His money not ours. Politicians money is ours, not theirs.
I get all of that....every bit of it. Obama and Obama alone can release those transcripts if he wanted which still begs to asks the question (even if he is out of office now) what was he hiding? The same question that was being asked of Trump even before he was elected and now.
It bothers you not that he avoids paying personal income tax (or tipping his caddy ;D), while spending taxpayers money.
It bothers you not that he avoids paying personal income tax (or tipping his caddy ;D), while spending taxpayers money.
Show me something where he avoids paying personal income? Stop talking out of your ass.
Because Trump refuses to reveal his tax returns, there is no way to prove that he cheats on his taxes. Any reasonably intelligent person knows from the recently published previous tax return, that the numbers simply do not add up. To his credit, he is not alone in this.
My income is pretty modest. I just finished preparing my taxes and I definitely used every legal tool I could in order to pay as little income tax as possible. My state and federal tax burden is more than 25% of my gross retirement income. I'd venture a guess that Trump's tax ratio to income is better than mine and (if you believe his boasts) he's worth many billions of dollars.