Trump's Taxes

#101
#101
MT LeConte said:
OK, Everyone now knows Trump has paid little or no taxes for the last several years. He doesn't deny it and his lackeys praise him for it. It hasn't really hurt his candidacy.

So there should be no reason not to release his tax returns................... or is there?
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There is zero legal reason to release the records. Records released in the past by candidates was just more of a recent tradition and not based on any Presidential requirement. The only real financial requirement Trump, or anyone else running for president had to do was a financial disclosure form at the beginning of the campaign.
 
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#103
#103
utvols88 said:
lol at people being mad at Trump for escaping taxes using the tax codes the Clinton's have had an affect on the past few decades.
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I, like most sane people, don't have an issue with it as long as it was legal. Is the fact its legal to get away with a bummer? Of course. But hey it was Clinton's IRS that allowed this to happen so....

I'd like to know what the loss was..like was it depreciation? Because if it was that shows how awful the tax system is in this country.
 
#104
#104
MT LeConte said:
She absolutely should. But I don't care that Trump paid no taxes and I don't care about her email problem. I've said several times on this forum the tax code is the problem. He just used it to his benefit.

Just for clarity he should release his return and if the emails are available she should release them.




.
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I find the emails more of a question mark than taxes if solely for showing an innate inability to be able to follow simple national security protocol. So a guy saves some bucks on taxes and wants to be president? Ok. But a person who doesn't understand what classification levels are and has shown incompetence in one of the nations highest offices wants to be President? Hold your horses!

I mean its almost like people voting for HRC are the same types who would marry a chick/dude who cheated on her husband/wife with you and thinking she/he won't cheat again...
 
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#105
#105
FLVOL_79 said:
I, like most sane people, don't have an issue with it as long as it was legal. Is the fact its legal to get away with a bummer? Of course. But hey it was Clinton's IRS that allowed this to happen so....

I'd like to know what the loss was..like was it depreciation? Because if it was that shows how awful the tax system is in this country.
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What is awful about depreciation?
 
#106
#106
Rasputin_Vol said:
picard-face-palm.gif
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I knew I should have never looked in the politics forum. I am astonished that #TrumpkinHead supporters just can't see that they are being conned by one of the greatest ever. I give Drumpf his due. He knows the art of the con. Aside from that, he is a bottomless pit of garbage.

Hopefully the people in the states that matter will get this election right and elect HRC to steer this country for the next four years. It just makes me sad that the state I was born in, hope to die in, and love with every fiber of my being is filled with some of the most backward and narrow-minded people in America. I could go on and on about why I say backward thinking people, but it would just be TL;DR and preaching to the choir. If there is one thing I know about Drumpf supporters, their reading comprehension is on par with a sack of hammers.

All of the things that HRC has been blamed for and not one iota of proof of wrong doing should be enough to convince a #TrumpkinHead that she has long been a witch hunt target by the GOP. Unfortunately, people love conspiracy theories.

LAST...if you think Drumpf is a great businessman and really cares about YOU and I, you should give me a call. I have some awesome ocean front property here in Memphis that I'm trying to unload sell. :eek:lol:

PS, we can all agree that Bammers are the dumbest lot on the planet. Just take a look and you will see that Bammers overwhelmingly support Adolf Trump. We should be against Trump for no other reason than refusing to side with a Bammer!!!
 
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#107
#107
93TNVol said:
I knew I should have never looked in the politics forum. I am astonished that #TrumpkinHead supporters just can't see that they are being conned by one of the greatest ever. I give Drumpf his due. He knows the art of the con. Aside from that, he is a bottomless pit of garbage.

Hopefully the people in the states that matter will get this election right and elect HRC to steer this country for the next four years. It just makes me sad that the state I was born in, hope to die in, and love with every fiber of my being is filled with some of the most backward and narrow-minded people in America. I could go on and on about why I say backward thinking people, but it would just be TL;DR and preaching to the choir. If there is one thing I know about Drumpf supporters, their reading comprehension is on par with a sack of hammers.

All of the things that HRC has been blamed for and not one iota of proof of wrong doing should be enough to convince a #TrumpkinHead that she has long been a witch hunt target by the GOP. Unfortunately, people love conspiracy theories.

LAST...if you think Drumpf is a great businessman and really cares about YOU and I, you should give me a call. I have some awesome ocean front property here in Memphis that I'm trying to unload sell. :eek:lol:

PS, we can all agree that Bammers are the dumbest lot on the planet. Just take a look and you will see that Bammers overwhelmingly support Adolf Trump. We should be against Trump for no other reason than refusing to side with a Bammer!!!
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I award you no points, and may God have mercy on your soul.
 
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#108
#108
93TNVol said:
I knew I should have never looked in the politics forum. I am astonished that #TrumpkinHead supporters just can't see that they are being conned by one of the greatest ever. I give Drumpf his due. He knows the art of the con. Aside from that, he is a bottomless pit of garbage.

Hopefully the people in the states that matter will get this election right and elect HRC to steer this country for the next four years. It just makes me sad that the state I was born in, hope to die in, and love with every fiber of my being is filled with some of the most backward and narrow-minded people in America. I could go on and on about why I say backward thinking people, but it would just be TL;DR and preaching to the choir. If there is one thing I know about Drumpf supporters, their reading comprehension is on par with a sack of hammers.

All of the things that HRC has been blamed for and not one iota of proof of wrong doing should be enough to convince a #TrumpkinHead that she has long been a witch hunt target by the GOP. Unfortunately, people love conspiracy theories.

LAST...if you think Drumpf is a great businessman and really cares about YOU and I, you should give me a call. I have some awesome ocean front property here in Memphis that I'm trying to unload sell. :eek:lol:

PS, we can all agree that Bammers are the dumbest lot on the planet. Just take a look and you will see that Bammers overwhelmingly support Adolf Trump. We should be against Trump for no other reason than refusing to side with a Bammer!!!
Click to expand...

You could basically switch Trump for Clinton in all your negative narratives and also be correct
 
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#109
#109
rjd970 said:
Well done.

I would also add, if the Repubs ever want to sustain themselves long-term, they need to drop the traditional values crap they preach. Like it or not, the demographics are changing and the baby boomers are about to start having less and less of an impact on elections.
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They'd do even better if they actually just represented their constituents once in office. The Dims just keep the free stuff going to their gang, but the GOP really does nothing much for most of their voters. Reagan's trickle down (or on) policy is a great example - "have some leftovers from the dumpster, kid." The middle class needs bodies in congress willing to stop the free flow of government money, to stop the redistribution of wealth (primarily from the middle class), and to actually represent the interests of the middle class.

How about making this country work again rather than pretending to get this or that segment back on its feet or propping up foreign governments that can't stand on their own. Dims/libs/progressives don't believe in the individual, individual liberties, or individual initiative; and no one is willing to smack them back in line and remind them what made this country.
 
#112
#112
FLVOL_79 said:
I, like most sane people, don't have an issue with it as long as it was legal. Is the fact its legal to get away with a bummer? Of course. But hey it was Clinton's IRS that allowed this to happen so....

I'd like to know what the loss was..like was it depreciation? Because if it was that shows how awful the tax system is in this country.
Click to expand...

Trump's millions/billions have always been about speculation and the price of property and developments escalating in value. Lots of people have played or tried to play the game - most just never have the stature and backing to pull it off - like big poker bluffs. When property values tumbled, he and plenty of others took a big hit. NY bailed him out once because he was too big to fail, and yet we keep letting people and institutions reach that status so that the taxpayer is responsible for the misfortune of others - whether the "too big to fail" is fact or fantasy.

There were probably a lot of big losses in 2008, and we have no clue who among the Buffetts and Trumps is riding tax free as a result. Unfortunately for most of us our retirement investments etc never reached the hallowed ground of the Trump level investors, so we just get to absorb the loss and keep on paying and playing - thanks to the tax laws.
 
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#113
#113
volinbham said:
There is no way his near 1 bn loss reported in 95 was due to depreciation tax laws.
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Oh I know! That's what I was saying though IF depreciation was the cause of that massive loss then yeah, the tax code has something wrong with it.

I would be interested to see what his losses were the result of but outside of basic curiosity I could care less.
 
#116
#116
FLVOL_79 said:
In all my finance studies it has come off as some hocus pocus way to save cash and is highly subjective.
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How is it hocus pocus to:
1)Buy equipment
2)Expense equipment over its life?

A company buys a light bulb and expenses it immediately. A company buys a truck and expense it over 5 years. It doesn't save cash as you've already burned the cash to buy the asset. You are merely recognizing that cash expense on the books over several years.
 
#117
#117
I run a business and I want to pay zero tax as long as deductions are legal. If I can pay an attorney/CPA $1000 to reduce my tax liability by $2000 is this not a smart move? This is the US tax system, is it unpatriotic? Theoretically these allowable deductions will create more jobs and therefore more tax for the government. That was before the lawyers got involved and turned them into loopholes. None of the ultra rich Dems or Republicans pay taxes so wake up. The only person running advocating change is Trump. A straight line corporate tax based on corporate sales instead of revenues might eliminate personal tax altogether.

Who pays more tax than they owe, raise you hand.
 
#118
#118
93TNVol said:
I knew I should have never looked in the politics forum. I am astonished that #TrumpkinHead supporters just can't see that they are being conned by one of the greatest ever. I give Drumpf his due. He knows the art of the con. Aside from that, he is a bottomless pit of garbage.

Hopefully the people in the states that matter will get this election right and elect HRC to steer this country for the next four years. It just makes me sad that the state I was born in, hope to die in, and love with every fiber of my being is filled with some of the most backward and narrow-minded people in America. I could go on and on about why I say backward thinking people, but it would just be TL;DR and preaching to the choir. If there is one thing I know about Drumpf supporters, their reading comprehension is on par with a sack of hammers.

All of the things that HRC has been blamed for and not one iota of proof of wrong doing should be enough to convince a #TrumpkinHead that she has long been a witch hunt target by the GOP. Unfortunately, people love conspiracy theories.

LAST...if you think Drumpf is a great businessman and really cares about YOU and I, you should give me a call. I have some awesome ocean front property here in Memphis that I'm trying to unload sell. :eek:lol:

PS, we can all agree that Bammers are the dumbest lot on the planet. Just take a look and you will see that Bammers overwhelmingly support Adolf Trump. We should be against Trump for no other reason than refusing to side with a Bammer!!!
Click to expand...

The only thing hiliarly is steering is money to her bank account. You think she cares about anything but herself, wow, apply your passing judgement of other's onto yourself.

The only adolf here is hiliary, no if's, and's, or but's about it. But, hey, trying to talk to you is like trying to talk to a wall. Hope you are someone that makes a good living, and hope your dreams come true. Hope she gets elected and hey, I don't care if this country burns, you people, and by that I mean people like you, deserve what is coming down the pipeline.

Trump is just the typical blow hard East coast elitist with a huge ego and big mouth. Obviously, you have little to do in the world of business, and spend no time, up on the East coast, as, this is just the norm for them. But, hey, keep living in your world, and once again, hope she gets elected and don't complain four years from now.
 
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#119
#119
tennvols77 said:
The only thing hiliarly is steering is money to her bank account. You think she cares about anything but herself, wow, apply your passing judgement of other's onto yourself.

The only adolf here is hiliary, no if's, and's, or but's about it. But, hey, trying to talk to you is like trying to talk to a wall. Hope you are someone that makes a good living, and hope your dreams come true. Hope she gets elected and hey, I don't care if this country burns, you people, and by that I mean people like you, deserve what is coming down the pipeline.

Trump is just the typical blow hard East coast elitist with a huge ego and big mouth. Obviously, you have little to do in the world of business, and spend no time, up on the East coast, as, this is just the norm for them. But, hey, keep living in your world, and once again, hope she gets elected and don't complain four years from now.
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Have you seen his world?

He's living in Memphis.
 
#120
#120
What some fail to grasp is that a tax deduction is more or less the government dangling a doggy treat to encourage a behavior.
 
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#121
#121
93TNVol said:
I knew I should never have looked in the politics forum. I am astonished that #TrumpkinHead supporters just can't see that they are being conned by one of the greatest ever. I give Drumpf his due. He knows the art of the con. Aside from that, he is a bottomless pit of garbage.

Hopefully the people in the states that matter will get this election right and elect HRC to steer this country for the next four years. It just makes me sad that the state I was born in, hope to die in, and love with every fiber of my being is filled with some of the most backward and narrow-minded people in America. I could go on and on about why I say backward thinking people, but it would just be TL;DR and preaching to the choir. If there is one thing I know about Drumpf supporters, their reading comprehension is on par with a sack of hammers.

All of the things that HRC has been blamed for and not one iota of proof of wrong doing should be enough to convince a #TrumpkinHead that she has long been a witch hunt target by the GOP. Unfortunately, people love conspiracy theories.

LAST...if you think Drumpf is a great businessman and really cares about YOU and I, you should give me a call. I have some awesome ocean front property here in Memphis that I'm trying to unload sell. :eek:lol:

PS, we can all agree that Bammers are the dumbest lot on the planet. Just take a look and you will see that Bammers overwhelmingly support Adolf Trump. We should be against Trump for no other reason than refusing to side with a Bammer!!!
Click to expand...
You should have stayed in the Lady Vols Backgammon forum where you belong.
 
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#123
#123
Weezer said:
Without taxes, how do we support our military? How do we pay the inflated salaries of politicians? How do we maintain political ties around the world? Taxes are a necessary evil. Do I like it? No. Do I understand it? Yes.
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How did we do these things before a federal income tax, which is less than 100 years old?
 
#124
#124
So Trump has managed to make himself part of Hillary's 1%-ers AND Romney's 47%-ers. Impressive.
 
#125
#125
YorkVol said:
Doesn't the majority go to entitlements such as Medicaid, Medicare, social security and welfare?
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Yes - not even close

That's what's so preposterous about their line that anyone who takes deductions hate the military. Especially rich coming from Hillary who has shown a contempt for the military for years
 
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