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Meanwhile, Donald Trump has failed to release any of his tax returns, raising questions about what he might be hiding.
As another veteran figure in the defense world and political affairs wrote to me this morning: “In normal times, this [the Russian hacking] would be the lead on all network news. But these are not normal times. I am having trouble getting through to some people that this is a real thing. The very people who always say “follow the money” with regard to the Pentagon [or other boondoggle bureaucracies] don’t see that (a) Trump has been kept afloat for about 15 years by Russian oligarchs; and (b) Russia has a powerful incentive to see a US president who will end economic sanctions.
1. He has Russian ties. (See above.)
2. He is being audited. I mean, maybe. Trump could, of course, release his tax returns even while he is under an audit. Richard Nixon did it in 1973.
3. He did not pay any taxes. The scant evidence we have on Trump's approach to taxation gives this theory credence. A 1981 report by New Jersey gambling regulators showed that Trump did not pay any taxes at all for two years in the 1970s. How? Because as a developer he was able to report negative income. (Here's a good explanation of how he could do that.)
4. He has mob ties. The idea that Trump has links to organized crime has been kicking around for decades. But they've come much more to the fore since he began running for president. Ted Cruz, during a late February interview on "Meet the Press," brought the accusation into the presidential race: "There have been multiple media reports about Donald's business dealings with the mob, with the mafia. Maybe his taxes show those business dealings are a lot more extensive than has been reported."
Mitt Romney, the party's 2012 presidential nominee, also offered a version of the mob theory in a May Facebook post.
5. He donates no — or very little — money to charity. Again, this is a theory with some meat on the bone. The Washington Post's David Fahrenthold had spent weeks contacting charities in hopes of tracking down the "millions" Trump says he has donated to various organizations over the past seven years. The total amount of charitable giving Fahrenthold found? $10,000. So ...
6. He is not as rich as he says. Nailing down Trump's personal wealth is a massive challenge. He says $10 billion. Others say $3 billion. Still others insist he is worth far less than either number. Trump takes considerable personal pride in touting his net worth and using it as a blunt instrument to respond to any charge that he has ever failed in life. Tax returns are tough to fudge; they nail down exactly how much you make in a year. Just the raw numbers. It would be hard for Trump to argue his way out of a yearly salary that doesn't befit a billionaire.
If it is a fair and balanced leaker, then it's next move is self-evident. The IRS has proven to be a fairly easy target for hackers, admitting in February that more than 700,000 accounts had been accessed. If Wikileaks wants to to be seen as a equal opportunity leaker, it would release Donald Trump's tax returns.
originally posted by: ~Lucidity
6 theories for why Donald Trump won’t release his tax returns
1. He has Russian ties. (See above.)
2. He is being audited. I mean, maybe. Trump could, of course, release his tax returns even while he is under an audit. Richard Nixon did it in 1973.
3. He did not pay any taxes. The scant evidence we have on Trump's approach to taxation gives this theory credence. A 1981 report by New Jersey gambling regulators showed that Trump did not pay any taxes at all for two years in the 1970s. How? Because as a developer he was able to report negative income. (Here's a good explanation of how he could do that.)
4. He has mob ties. The idea that Trump has links to organized crime has been kicking around for decades. But they've come much more to the fore since he began running for president. Ted Cruz, during a late February interview on "Meet the Press," brought the accusation into the presidential race: "There have been multiple media reports about Donald's business dealings with the mob, with the mafia. Maybe his taxes show those business dealings are a lot more extensive than has been reported."
Mitt Romney, the party's 2012 presidential nominee, also offered a version of the mob theory in a May Facebook post.
5. He donates no — or very little — money to charity. Again, this is a theory with some meat on the bone. The Washington Post's David Fahrenthold had spent weeks contacting charities in hopes of tracking down the "millions" Trump says he has donated to various organizations over the past seven years. The total amount of charitable giving Fahrenthold found? $10,000. So ...
6. He is not as rich as he says. Nailing down Trump's personal wealth is a massive challenge. He says $10 billion. Others say $3 billion. Still others insist he is worth far less than either number. Trump takes considerable personal pride in touting his net worth and using it as a blunt instrument to respond to any charge that he has ever failed in life. Tax returns are tough to fudge; they nail down exactly how much you make in a year. Just the raw numbers. It would be hard for Trump to argue his way out of a yearly salary that doesn't befit a billionaire.
..................
Oh...and my personal favorite...
MARK CUBAN: Maybe Donald Trump isn't releasing his tax returns because Hillary Clinton 'made more' money
No law requires presidential candidates to release their tax returns, but history does. President Obama’s re-election campaign is pressuring their Republican challenger Mitt Romney to release more of his tax returns. He has released one year, and one estimate’s worth thus far. That should suffice, says the Romney camp.
When then Sen. Barack Obama ran against Hillary Clinton in the 2008 Democratic primary, his campaign similarly pressured her to release tax returns. A month after Obama released six years of returns, Clinton followed suit. The 2008 Republican nominee Sen. John McCain released two years of tax returns that year as well.
Going back to 1996, Republican Sen. Bob Dole released 30 years of tax returns ahead of the election, and in 1992 Bill Clinton released 12 years of tax returns (although critics said it wasn’t enough). On and on it goes: Michael Dukakis released five years of returns when he ran in 1988, and George H.W. Bush forced Ronald Reagan’s hand as both released their returns in the lead-up to the Republican nomination in 1980.
PolitiFact found only seven presidential or vice president candidates since 1976 have refused to release any tax returns. Romney is not among them, though he was in 2008. Those seven include five Republicans, one Democrat, and one Green Party: Jerry Brown, Pat Buchanan, Mike Huckabee, Steve Forbes, Rudy Giuliani, Richard Lugar, Ralph Nader.
Many have pointed out that it was George Romney (Mitt’s dad) who started this trend when he released 12 years of tax returns in November 1963, a full year prior to the 1964 election, saying one year just wouldn’t be enough.
www.msnbc.com...
originally posted by: ~Lucidity
a reply to: odzeandennz
Just a friendly reminder is all.
And I'm not criticizing. Just asking for the reasons people are willing to let this slide.
Looking forward to hearing the answers. Truly.