Trump Tax Returns released; Reveals the president paid no income tax for 10 years

The Supreme Court of the United States has already defined "income", as, "Profit and Gain, not Earnings".. It also said, "The 16th. Amendment gives Congress no new taxing authority"

If you sign a "contract", or give "your word", to give your "time and blood" into an effort/project, and you get paid according to the/that contract? That is earnings. You "profit" or "gain" nothing! It is strictly trading your time/life, for pay.
But if you invested it, and it made a "profit or gain"? ..Gambled at the local casino, invested in the "stock market" casino, or a 401k scam? Then you gain a "profit"? On "income"?.... Behold! You have "taxable income"
The pathetic idea? And totally Unconstitutional idea? Is that you are, "BY LAW"! Required, to be a "witness" against "yourself", before you even "file". Because it is "against the law" to "not file". Which is contradictory to the actual "law", which is the C.O.T.U.S.!

a reply to: links234

Evidence please.

originally posted by: links234

originally posted by: Metallicus
What laws did he break?

Felony tax fraud. Defrauding the government, in this case, to the tune of $400 million is a felony.

You mean the FBI, the IRS, the Senate, the House of Representatives, the Mueller investigation, every media outlet out there and the other 14 "investigations" missed all of this but it has finally been found and reported on by an anonymous source that gave the information to the NYT that they won't release because they don't want to doxx their source....

A little more than a month before the Presidential election?

I swear, y'all are like cats and the leftist media has the laser pointer.

They move it around and you chase it, not bothering to question who is moving it at all....

The ignorance of tax laws and business procedures here shows where AOC got her "ideas" about the potential opening a headquarters on Long Island and "gaming" the system.

originally posted by: Southern Guardian
a reply to: caterpillage

He also gives back his presidential salary to government departments.

While raking in millions from taking advantage of the presidency;

Trump's Golf Trips To Mar-a-Lago Cost County $13.8 Million

Trump businesses making millions from political and taxpayer spending

Trump Organization Reportedly Charged U.S Government Over $1.1 Million For Luxury Hotel Stays

I'm glad he's giving up his $400k a year check though. Good on you Don!

When it come to presidents wasting money, that seems to be the norm. It's expensive to move the president around, and vacay him and his family. God knows it cost the taxpayers tens of millions for the Obamas.

The difference now is we have a president who owns businesses that can fulfill some of the requirements, and yeah, he may get some profit off it. It may have also saved some tax dollars, who knows?

We do know Obama wasn't a businessman, who only managed to increase his wealth from about a million and a half, to maybe 40 million or so due to his presidency.

Perhaps that's why Trump is such a better president? Being a country that runs on business, it pays to have a businessman in charge. Better for me, better for you. Better for Obama.

This thread really brings to light what a solid choice in 2020 Trump is.

MAGA baby. I'm glad you're on board. It's good to have you man.

So following the tax code is now dodging taxes....

If the IRS had anything on Trump, they would have hung him a long time ago. Heck, they threw actor Wesley Snipes in jail and other celebs have been hit with all kinds of tax liens for non payment of taxes.

a reply to: Southern Guardian

He legally took advantage of US tax law, something I try to do every year. I will and should tax every tax reduction legally available to me. Why would anyone pay more in taxes than they have to? Do you take child tax credits? I do. Do you take deductions when you can? I do. Do you report your losses and donations? I do. That's exactly what Trump did.

NOTHINGBURGER, LOL

I am personally hard pressed, to find anywhere in The C.O.T.U.S. where there's any mention of a "I.R.S." or, let alone? A "tax return" that needs "filed", .. Being mentioned?

Somebody correct me if I'm wrong? Please do! I'll wait.

originally posted by: Edumakated
So following the tax code is now dodging taxes....

If the IRS had anything on Trump, they would have hung him a long time ago. Heck, they threw actor Wesley Snipes in jail and other celebs have been hit with all kinds of tax liens for non payment of taxes.

If Trump followed the law, why again has he been fighting with the IRS for a decade?

originally posted by: AScrubWhoDied

originally posted by: Edumakated
So following the tax code is now dodging taxes....

If the IRS had anything on Trump, they would have hung him a long time ago. Heck, they threw actor Wesley Snipes in jail and other celebs have been hit with all kinds of tax liens for non payment of taxes.

If Trump followed the law, why again has he been fighting with the IRS for a decade?

An audit often results in a difference of opinion between the filer and the IRS.

Taxpayers get audited all the time. Anyone with any lick of sense and the financial wherewithal would force the IRS to prove their assertion and fight the audit. If he did something illegal, then charges would have been filed.

originally posted by: Edumakated

originally posted by: AScrubWhoDied

originally posted by: Edumakated
So following the tax code is now dodging taxes....

If the IRS had anything on Trump, they would have hung him a long time ago. Heck, they threw actor Wesley Snipes in jail and other celebs have been hit with all kinds of tax liens for non payment of taxes.

If Trump followed the law, why again has he been fighting with the IRS for a decade?

An audit often results in a difference of opinion between the filer and the IRS.

Taxpayers get audited all the time. Anyone with any lick of sense and the financial wherewithal would force the IRS to prove their assertion and fight the audit. If he did something illegal, then charges would have been filed.

From my understanding, the audit is due to a potentially fraudulent refund - which is illegal for non millionaires/billionaires like me.

a reply to: AScrubWhoDied

"Fighting for a decade"? Really? The I.R.S.? Last I remember learning. The I.R.S. wasn't a government Institute. It was/is, a collection agency for the Federal Reserve. That is niether "Federal" or a "Reserve", nothing more than a "loan company". There where only three branches of the federal government last I heard, and the I.R.S. wasn't one of them. But yet?!? D.J. Trump still became "The President" of The U.S.A.! America! And being an American is awsome!
The I.R.S. is the most unlawful, anti American organization, next to the B.A.T.F.E.... A waste of "tax dollars". Both, need to be abolished.

originally posted by: murphy22
a reply to: AScrubWhoDied

"Fighting for a decade"? Really? The I.R.S.? Last I remember learning. The I.R.S. wasn't a government Institute. It was/is, a collection agency for the Federal Reserve. That is niether "Federal" or a "Reserve", nothing more than a "loan company". There where only three branches of the federal government last I heard, and the I.R.S. wasn't one of them. But yet?!? D.J. Trump still became "The President" of The U.S.A.! America! And being an American is awesome!
The I.R.S. is the most unlawful, anti American organization, next to the B.A.T.F.E.... A waste of "tax dollars". Both, need to be abolished.

a reply to: Southern Guardian

Pelosi is not running for president.

Speaker of the house is arguably the most powerful person in the nation, more than the president and the senate boss as they control the purse strings.

a reply to: Southern Guardian

The best part of this is there's more.

Trump's not a billionaire, probably not even a millionaire.

He's as upside down as most poor schmos in this country.

And this makes him a national security risk to the highest power.

originally posted by: Southern Guardian
a reply to: Stupidsecrets

60 plus % of Americans pay no Federal income tax.

I'm also aware those that earn below $15,000 a year don't pay any income taxes? Is this correct? This is miniscule income. Not comparable to a billionaire.

in America? never heard that before...

I usually only make that much (with a Masters Degree...) and I have always had to pay Federal Income tax (out of my paychecks) plus taxes on everything I purchase in addition to that. Doesn't leave much.

originally posted by: Hypntick
a reply to: underwerks

So what it sounds like you're saying, is that when you do your taxes every year, you claim no deductions at all? Am I understanding this right? You've never taken your taxes to an accountant, and just taken the number the IRS gives you at face value? No itemized deductions? No charitable deductions? No investment deductions? What about interest payments on property?

The President is gaming no one, he has accountants that go through the tax code and find that he can legally deduct. I imagine also at the start of the year they advise him on ways to invest and make charitable contributions in order to lessen his tax burden, I know mine do.

So since he's doing all of this within the bounds of the law, what exactly is the problem? Do you want a flat tax that everyone pays? I personally do, but I know that would hurt a lot of folks on fixed incomes as well, and may not be "fair" to those on the edge of poverty.

Flat tax is the only true way to tax the people. If 10% is good enough for God, the government should be more than happy with 9%.

one guy among the MANY.


Wonder how many dems in office hasn't paid taxes in years? Probably all of them.


Prove me wrong!

Great, another nothing-burger. On top of that, the NYT published someone’s private, stolen tax information. Guess who’s going to be investigated.

At least we won’t have to hear about his tax-returns any longer.

a reply to: GravitySucks

Or the best "representative" a poor "schmo" could ask for.

That's just assuming, that every "poor schmo" is a "national security risk". Because if that's the case? According to you?.. I went to war for your country, with a lot of "national security risks". And I do not remember, ever meeting you there.