Trump's Taxes

[golfballs]

 

[n_huffhines]

hE's a sAvVy bUsInEsSmAn

Trump's Tiny Tax Bill

 

[rjd970]

You lost me at the second part of the tweet.

No one should be interested in just filling the coffers with more money to blow and leverage debt. If you want to increase taxes on ANYBODY then Congress should pass a corresponding spending cut.

 

[McDad]

Here's a highly spurious article about Trump's tax illegalities.

He can prove it's false by releasing the documents which were supposedly used to create the article.

 

[Septic]

right...wink wink....I saw right through that. You are not alone....there are a lot of you all that voted for him because of his other "brand"

Who knew that we could catch two unicorns in one thread?

 

[evillawyer]

Hopefully someone can do a remake of this classic one as Donny the Moocher

 

[lawgator1]

Bottom line is that if you paid more than $750 in taxes, you paid more to support the military than did the Freeloader in Chief.

 

[evillawyer]

Here's a highly spurious article about Trump's tax illegalities.

He can prove it's false by releasing the documents which were supposedly used to create the article.

He can either admit or deny that he paid $750 in taxes for 2016 and 2017. And he can bring the one-page receipt to substantiate whatever claim he makes.

 

[DynaLo]

He could pay me 35k a year to tell him how ridiculous it looks and to stop it.

I’ve just accepted it as part of his obsession with all things colored gold. Everybody has quirks.

 

[McDad]

Bottom line is that if you paid more than $750 in taxes, you paid more to support the military than did the Freeloader in Chief.

You freakin baby-killing fascists!

Isn't that how the left 'supports' the military???

 

[NEO]

Hasn't this been the Trump business model since Fred?

I have 3 kids who are all on payroll.

The law states you are not required to pay WC on your own kids nor hold back income taxes or payroll taxes on them.

I give them jobs to do around the office at 17.5 per hour which is a starting salary in my company and pay them up 12,200 per year which is the standard deduction. This means they pay no taxes at all.

This also takes 36,600 off my books every year at my much higher tax rate.

Effectively I have saved myself around 14,000 in taxes.

This is 100% legal.

Anyone who owns a business is literally told by their accountant to get their kids on the books as soon as possible.

 

[McDad]

He can either admit or deny that he paid $750 in taxes for 2016 and 2017. And he can bring the one-page receipt to substantiate whatever claim he makes.

or he can ignore it altogether. Which is what he is likely to do.

This will be on the rubbish heap of 'gotchas' in a couple of weeks.

 

[Septic]

hE's a sAvVy bUsInEsSmAn

Trump's Tiny Tax Bill

It is really hard to understand how people who are getting creamed on their taxes internally rationalize that instead of our tax system being COMPLETELY fuqt up, that this is simply a matter of "good tax strategy."

 

[BigOrangeMojo]

I have 3 kids who are all on payroll.

The law states you are not required to pay WC on your own kids nor hold back income taxes or payroll taxes on them.

I give them jobs to do around the office at 17.5 per hour which is a starting salary in my company and pay them up 12,200 per year which is the standard deduction. This means they pay no taxes at all.

This also takes 36,600 off my books every year at my much higher tax rate.

Effectively I have saved myself around 14,000 in taxes.

This is 100% legal.

Anyone who owns a business is literally told by their accountant to get their kids on the books as soon as possible.

Absolutely agree. The key distinction: You are paying them an appropriate arm's length wage.

 

[jaybird_1981]

right...wink wink....I saw right through that. You are not alone....there are a lot of you all that voted for him because of his other "brand"

Nice it isn't even lunch time yet and I have been called a racist.

 

[evillawyer]

Biden campaign out with it's first ad. Frankly, they could have done better.

 

[BigOrangeMojo]

All Trump did was give the Treasury interest free loans for $1MM and $4.2MM. He could request refunds for those payment carryforwards at any time. Him "paying" Treasury $5.2MM is disingenous since DJT can request a refund for it at any time (less the $750 for each year)

 

[jaybird_1981]

Which policy did you vote for? The Wall? Farm bailouts? Deficit spending?

Supreme court appointee opportunities had a lot to do with it.

 

[titansvolsfaninga]

Which policy did you vote for? The Wall? Farm bailouts? Deficit spending?

He voted for the hate....the is the "brand" that drew him in, hell, it drew a lot of people in.

 

[McDad]

It is really hard to understand how people who are getting creamed on their taxes internally rationalize that instead of our tax system being COMPLETELY fuqt up, that this is simply a matter of "good tax strategy."

The young, single, high income earners are the ones who get taken to the woodshed more than anyone else. Yet, the seem to be mostly D supporters.
Apparently our tax system is built on smoke and mirrors so that everyone thinks the other guy is getting shafted.

I cannot make sense of it either.

 

[Rasputin_Vol]

Did she write off the haircut? Should she use the flowbee like you?

Not sure a flowbee would work with a bald fade, bruh...

 

[Mick]

You know there's a think tank trying to figure out how to tie his personal notes coming due with the liberal media, Benghazi and missing emails.

I bet Hunter Biden is holding them.

 

[evillawyer]

Hadn't thought about this guy in years.
Yes, A Tax Scandal Can Take Down a Politician

 

[DynaLo]

Giving a 14 year old an allowance or gifting him $$$ (Assuming all gift tax implications are factored) obviously isn't illegal. Paying Barron fair value for any services that he is providing to the business isn't illegal. Paying Barron 7 figures for "real estate consulting services" like Fred did over 50 years ago would be.

What is Baron getting paid right now? What is he getting paid for? I haven’t seen where Baron is getting illegally paid 7 figures, do you have a source for that? Was it actually illegal 50 years ago when Fred did it?

I would hope since you decided to disparage a minor child you can back up your assumptions/accusations or are you just randomly maligning a kid due to his family name?

 

[titansvolsfaninga]

He can either admit or deny that he paid $750 in taxes for 2016 and 2017. And he can bring the one-page receipt to substantiate whatever claim he makes.

Two weeks....he will have it for you in two weeks. He will release it when he releases the amazing and glorious healthcare plan....the likes of which have never been seen.