Maybe Trump Did Cheat

originally posted by: Metallicus
a reply to: Phage

All of Hillary's crimes and you are worried about some rich guy not paying enough taxes? I am more concerned with the Clinton's death toll than some possible tax evasion.

Was thinking the exact same thing.

I doubt any single person in the US would say "Well gee my accountant did a rubbish job, I should pay MORE taxes."

Not a single one.

but if it's ol' Trumpy, hey, suddenly every one is the epitome of morality. lol

yet the grim reaper following the clintons, both in the death toll behind them, and the dark cloud shrouding her at every step of the way... never mind, lets focus on the things every single person would do if they could... lol

originally posted by: Phage
a reply to: LesMisanthrope

I suppose he could hire accountants to double-check his accountants, but that seems like overkill.

So, he just signs stuff without understanding it? He's not brilliant?

Proves he didn't have intent. Just like you-know-who. LOL

originally posted by: Phage
The tax return is fake? The SEC filing was false?

Not at all. I believe somebody connected confirmed it was real. I'm not implying the title of this thread is false. It says maybe and I believe maybe is a fair assessment.

I've seen multiple threads prior to this, which did not mention the SEC vs. return, that simply assumed he was a cheat. Not having enough knowledge of tax law I can't offer anything on that. Without anything but line items we can't really audit. Your point is taken that he should release returns and I don't disagree. Does it matter?

This election isn't just about tax returns to me. Nor is it just about emails. It's about patterns of behavior that have become acceptable to people who have sworn an oath. It's about more than just this election. It's about the next and the next on down the line.

A more effective method would be starting locally, but the national politics of this country have had a trickle down effect which allows even regional politics to be corrupted by big money.

originally posted by: Phage
One of my concerns about Trump's tax return that occured to me soon after it was leaked was, if he lost so much money how could he lead the lavish lifestyle he does?

I came across an interesting article:

Trump's Tax Records Show He May Have Understated His Salary by Millions to the IRS

It doesn’t seem to add up. Just one example of where Trump’s tax returns seem to conflict with reality: the Republican presidential candidate told the IRS and New York state tax officials that he collected a mere $6,108 in “wages, salaries, tips, etc.” in 1995. Yet, according to financial reports filed with the Securities and Exchange Commission, that same year Trump received $583,333 in compensation from the then-named Trump Hotels & Casino Resorts, the company Trump had taken public in the middle of that year. The figure comes from a proxy statement that the company filed in early 1996. The payment is clearly listed as salary for 1995, and it appears to have been paid directly from the company to Trump, and not through one of the corporate entities he controls.

fortune.com...


Come on Donald. Let's see your tax returns. Ease our worried minds.

Trump probably pays more in taxes in one year than you and your entire family combined will in your entire lives, even if he was being smart and paying as little as he has to.
I assume you've never run your own business before. That's okay. It helps explain why you're so confused about the world.

a reply to: avp251
If trump saved on taxes by using allowable tax laws and people say he is cheating then everybody cheats when they include as many exemptions as they can.

It starting to appear as though most people have paid more tax then Trump over the last 18 to 20 years. Even one cent is more than Trump.

If he signed it and didn't read it then he is a bonehead that shouldn't be anywhere near public office.

originally posted by: Phage
a reply to: LesMisanthrope

Ah. Blame your underlings. Good plan.

But Donald's signature is on the returns. Isn't it?

From: www.law.cornell.edu...

"Signing tax return preparer. A signing tax return preparer is the individual tax return preparer who has the PRIMARY responsibility for the overall substantive accuracy of the preparation of such return or claim for refund."

Chances are there are two signatures.

Maybe he spent $577,225 on 288 TV's for 4 floors in one of his buildings between the SEC report and the income filings?

Not sure the timing though.

a reply to: Mandroid7

That doesn't affect the salary issue.

a reply to: roadgravel

Yes, it does.

Ah, the birth of a new movement. Too bad Hillary will become President. It would be interesting to see how this would have played out.

Would "Taxers" be labeled crazy, racist conspiracy theorists?

Would Trump wait years after he was elected to release a 1040EZ?

Would the same people who called for Obama to release his birth certificate be the ones calling for Trump to release his tax returns?

Would the same people who said Obama was under no obligation to release his birth certificate say that Trump was under no obligation to release his tax records?

Will Taylor Swift take the mic and interrupt Kanye West's 2021 State of the Union Address?

For the answers to these and other burning questions, tune in to the 2020 Presidential Election.

originally posted by: Mandroid7
a reply to: roadgravel

Yes, it does.

You should do a tax return.

It affects the taxable amount. It doesn't lower the salary number.

a reply to: roadgravel

Which was filed first?

I'm guessing sec, since a lot of people wait as long as they can to file.

originally posted by: avp251


Trump probably pays more in taxes in one year than you and your entire family combined will in your entire lives, even if he was being smart and paying as little as he has to.
I assume you've never run your own business before. That's okay. It helps explain why you're so confused about the world.

Do you really believe that? The order of the day used to be expressed for a tax dodger, (or much anything else in the lie department) as, "Long runs the fox" in this part of the world..it's been quite a few years now since I last heard that expression in anything to do with taxation since personal bankruptcy is something of a new order here, and happens quite regularly..a bit of an 'in' thing in fact, Inland revenue like to negotiate, same as the IRS do.
However, business is business, and deference is kept more for the big league.

originally posted by: roadgravel

originally posted by: Mandroid7
a reply to: roadgravel

Yes, it does.

You should do a tax return.

It affects the taxable amount. It doesn't lower the salary number.

I've been in small business for 24 years. Now I am a full time investor.
I may have seen a tax filing before.


It's different than a job at the mall.

They file with the sec, costs accrue before the irs filing, therefore the taxable income drops.

Without a date between the 2 filings, it conjecture.

a reply to: Mandroid7

Yet you think the an expense/cost is subtracted from the amount that is listed as salary.

originally posted by: roadgravel
a reply to: Mandroid7

Yet you think the an expense/cost is subtracted from the amount that is listed as salary.

Income is income and expenses are just that.

Do you understand the difference between an sec filing and the actual income filing?

It is 2 different filings right?
You have to think bigger...
Business a =500k salary
Business b =450k expenses
Income= 50k

a reply to: avp251

I assume you've never run your own business before.

False