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2017-03-15 Home Front: Politix

Trump Earned $153m And Paid $36.5m In Taxes In 2005

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Posted by Fred 2017-03-15 01:05|| || Front Page|| [10325 views ] Top

#1 Gee, I wonder if any of this was NOT allowed by the IRS rules and laws passed by Congress?

I wonder if any in the media give a meadow muffin about legality?

Posted by Bobby 2017-03-15 07:23|| 2017-03-15 07:23|| Front Page Top

#2 The spin on NBC news this morning is that President Trump's deductions ae legal, but lower than the level that the average American pays, that it is not illegal to hire someone to do your returns for you, and that he has not released his recent returns.

The news reader sounded utterly deflated.

Posted by trailing wife 2017-03-15 07:36|| 2017-03-15 07:36|| Front Page Top

#3 Tax records obtained by The New York Times last year showed the losses were so large they could have allowed Trump to cheat on taxes for up to 18 years
It's not cheating if the IRS allows it, bugwit.

Posted by Deacon Blues 2017-03-15 07:48|| 2017-03-15 07:48|| Front Page Top

#4 Carrying losses forward is NOT a loophole...

Posted by Bright Pebbles 2017-03-15 09:47|| 2017-03-15 09:47|| Front Page Top

#5 You also have to defend your deductions if the IRS decides to retroactively shred them.

Posted by magpie 2017-03-15 10:24|| 2017-03-15 10:24|| Front Page Top

#6 I love the fact that Obama and Sanders paid less. Hard to hit Trump for paying too little when he paid more than the lefty heroes.

Posted by rjschwarz 2017-03-15 10:42|| 2017-03-15 10:42|| Front Page Top

#7 Bobby, She claimed it was legal for her to do so under the First Ammendment Not true, another lie. By federal law, it is illegal to publish an unauthorized tax return:
“It shall be unlawful for any person to whom any return or return information (as defined in section 6103(b)) is disclosed in a manner unauthorized by this title thereafter willfully to print or publish in any manner not provided by law any such return or return information. Any violation of this paragraph shall be a felony punishable by a fine in any amount not exceeding $5,000, or imprisonment of not more than 5 years, or both, together with the costs of prosecution.”

Posted by Deacon Blues 2017-03-15 10:42|| 2017-03-15 10:42|| Front Page Top

#8 Another thing the media will never tell you - IRS audit teams practically live at businesses like Trump's.

Posted by Raj 2017-03-15 11:50|| 2017-03-15 11:50|| Front Page Top

#9 IRS audit teams practically live at businesses like Trump's.
Posted by: Raj

Nothing personal, it's just business.
~ Otto "Abbadabba" Berman

Posted by Besoeker 2017-03-15 12:26|| 2017-03-15 12:26|| Front Page Top

#10 IRS audit teams practically live at businesses like Trump's.
Posted by: Raj

Practically nothing, they do LIVE there in a business sense. I've worked at a couple of places where the IRS has their own offices right next to the internal auditors and the external auditors. They usually all seemed quite friendly, especially when the business was a defense contractor.

Posted by AlanC 2017-03-15 16:04|| 2017-03-15 16:04|| Front Page Top

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