trump's taxes

[butters]

WASHINGTON (Reuters) -A U.S. House of Representatives committee said Thursday it had reached an agreement with Donald Trump and accounting firm Mazars USA on handing over some of the former president's financial records.

"After numerous court victories, I am pleased that my committee has now reached an agreement to obtain key financial documents that former President Trump fought for years to hide from Congress," said Representative Carolyn Maloney, chairwoman of the Committee on Oversight and Reform.

The agreement ends litigation by Trump, the panel's statement said.

The committee in April 2019 issued a subpoena seeking eight years of accounting and other financial records as part of its investigation into what Maloney called Trump’s "unprecedented conflicts of interest, self-dealing, and foreign financial ties."

She said the agreement includes the handing over of "critical documents" that will help the panel in its investigation.

https://www.msn.com/en-us/news/us/h...pc=U531&cvid=8cf0a0c6e1414fbfc17e05c4a3100e39

so many strings getting pulled, tighter and tighter... nice

 

[Dribble]

There won't be anything there...you have to make money to pay taxes. What there is, however, is tax fraud by undervalueing properties on tax records that he overvalued in campaign financial statements. Only one is right. Which is it? Tax fraud...or campaign finance fraud?

 

[colddiesel]

https://www.msn.com/en-us/news/us/h...pc=U531&cvid=8cf0a0c6e1414fbfc17e05c4a3100e39

so many strings getting pulled, tighter and tighter... nice

Not so nice. The fact that some unspecified documents are still to be withheld makes this a nothing victory - and six years too late. Unpalatable as it may seem the massive delay and only partial reveal, has to be seen as a victory for Trump's intransigence. The legislation covering tax disclosures is clearly far too weak.

 

[butters]

https://www.msn.com/en-us/news/poli...sedgntp&cvid=419724e329554412a324356f02551a59

Mazars is said to be being very cooperative, though the fact they've been allowed to pick and choose themselves which documents they deem relevant to the subpoena may make this toothless and cold diesel correct.

WASHINGTON — Mazars USA, the longtime accounting firm for former President Donald J. Trump that cut ties with him and his family business this year, has begun turning over documents related to his financial dealings to Congress.

This month, the committee reached a settlement with Mr. Trump and Mazars that allows the panel to obtain key financial documents.

The agreement states that Mazars must turn over any documents between 2014 and 2018 that indicate any false or undisclosed information about Mr. Trump’s assets, income or liabilities; communications related to any potential concerns that financial information provided by Mr. Trump’s companies was inaccurate; documents from November 2016 to 2018 related to the Old Post Office Building, a federal property in Washington that Mr. Trump’s company converted into a hotel through a lease deal; and documents from 2017 and 2018 related to relationships between Mr. Trump’s businesses and foreign states.

The settlement allows for Mazars to exercise its “independent judgment” in determining which documents are responsive to the committee’s subpoena.

https://www.msn.com/en-us/news/poli...sedgntp&cvid=419724e329554412a324356f02551a59

 

[oggbashan]

In most democratic countries, the rich can employ tax accountants to ensure they pay a minimum of tax. That isn't possible for the average guy.

In almost all countries the tax legislation and rules are almost unintelligible. What I find objectionable is that if they make a mistake they will pay you the bare minimum without interest from the date of the error; but if YOU make a mistake they expect you to pay with interest and you are liable in law where they aren't.

 

[phrodeau]

In most democratic countries, the rich can employ tax accountants to ensure they pay a minimum of tax. That isn't possible for the average guy.

In almost all countries the tax legislation and rules are almost unintelligible. What I find objectionable is that if they make a mistake they will pay you the bare minimum without interest from the date of the error; but if YOU make a mistake they expect you to pay with interest and you are liable in law where they aren't.

When the US Congress made an exception for unemployment benefits taxes in 2020 after the fact, the refunds included interest for the few months between the original tax due date and the processing date.

 

[oggbashan]

For unemployment benefits? Wow!

Paying the poor a few dollars?

 

[phrodeau]

For unemployment benefits? Wow!

Paying the poor a few dollars?

A lot of industries including mine collapsed in 2020 because of the pandemic. I collected unemployment benefits, and I am not a poor person.

 

[oggbashan]

A lot of industries including mine collapsed in 2020 because of the pandemic. I collected unemployment benefits, and I am not a poor person.

But unemployment benefits aren't generous.

 

[JohnEngelman]

It says bad things about Trump supporters that most of them do not care that Trump paid lower taxes than they did.

 

[Dribble]

View attachment 2177398

It says bad things about Trump supporters that most of them do not care that Trump paid lower taxes than they did.

It is worse that they are willing to pay more so their God's don't. How's that trickle down working? Sad they don't understand that the inflationary pressure seen today are partly the result of those "tax breaks". The other driving factor was the covid checks delaying the pressures caused by the tax breaks

 

[Sugar Baby Wanted]

With all the bad shit this administration is doing you bring up Trump??

 

[Dribble]

With all the bad shit this administration is doing you bring up Trump??

It is a lousy Administration. But it still runs circles around a Fascist traitor.

 

[Sugar Baby Wanted]

It is a lousy Administration. But it still runs circles around a Fascist traitor.

Look up the definition of Fascist sometime. Don't be a lemming.

 

[YDB95]

Look up the definition of Fascist sometime. Don't be a lemming.

"a far-right, authoritarian, ultranationalist political ideology and movement, characterized by a dictatorial leader, centralized autocracy, militarism, forcible suppression of opposition, belief in a natural social hierarchy, subordination of individual interests for the perceived good of the nation and race, and strong regimentation of society and the economy"

How do Trump and his supporters stack up against that definition?
Authoritarian? Check.
Far right? Check.
Ultranationalist? When was the last time you heard any Trump supporter even allow for the possibility that their opponents don't hate our country?
Dictatorial leader? Check.
Centralized autocracy? Check.
Militarism? Yep.
Forcible suppression of opposition? January 6.
Belief in a natural social hierarchy? Look no further than how many Trump supporters believe - in the face of overwhelming evidence to the contrary - that he earned all his money.
Subordination of individual interests for the perceived good of the nation and race? Absolutely.
Strong regimentation of society and economy? At worst, this one is half true. You could argue that Republican absolute laissez-faire economics don't fit, but they did just cancel a woman's right to choose and they've threatened to do the same with same sex marriage, birth control, etc.

 

[Comshaw]

Look up the definition of Fascist sometime. Don't be a lemming.

"a far-right, authoritarian, ultranationalist political ideology and movement, characterized by a dictatorial leader, centralized autocracy, militarism, forcible suppression of opposition, belief in a natural social hierarchy, subordination of individual interests for the perceived good of the nation and race, and strong regimentation of society and the economy"

How do Trump and his supporters stack up against that definition?
Authoritarian? Check.
Far right? Check.
Ultranationalist? When was the last time you heard any Trump supporter even allow for the possibility that their opponents don't hate our country?
Dictatorial leader? Check.
Centralized autocracy? Check.
Militarism? Yep.
Forcible suppression of opposition? January 6.
Belief in a natural social hierarchy? Look no further than how many Trump supporters believe - in the face of overwhelming evidence to the contrary - that he earned all his money.
Subordination of individual interests for the perceived good of the nation and race? Absolutely.
Strong regimentation of society and economy? At worst, this one is half true. You could argue that Republican absolute laissez-faire economics don't fit, but they did just cancel a woman's right to choose and they've threatened to do the same with same sex marriage, birth control, etc.

BOOM!


Comshaw

 

[Sugar Baby Wanted]

Trump supporters are conservative. They want less government. They believe that their money is better spent fixing any problem than the government.

The Democrat regime is doing exactly as it pleases. Did you vote for 87,000 IRS agent? (one example) War and nuclear war that is on the horizon?

Face it, you are an idiot if you think the hypothetical president was elected. The deep state (Obama regime) is in charge and the taxpayer is nothing to them. If you think what Biden has done in 18 months is good for our country, open borders, high crime, defund police, hyper-inflation, military ineptitude, appointing officials based on race and sex vs ability, YOU are part of the problem.

 

[butters]

Trump supporters are conservative. They want less government. They believe that their money is better spent fixing any problem than the government.

The Democrat regime is doing exactly as it pleases. Did you vote for 87,000 IRS agent? (one example) War and nuclear war that is on the horizon?

Face it, you are an idiot if you think the hypothetical president was elected. The deep state (Obama regime) is in charge and the taxpayer is nothing to them. If you think what Biden has done in 18 months is good for our country, open borders, high crime, defund police, hyper-inflation, military ineptitude, appointing officials based on race and sex vs ability, YOU are part of the problem.

...and then there's the real world that the rest of us inhabit

 

[phrodeau]

Face it, you are an idiot if you think the hypothetical president was elected.

Every President but one has been voted in by the Electoral College, as the Constitution requires. The only exception was Gerald Ford.

 

[YDB95]

Did you vote for 87,000 IRS agent?

Not specifically; but I pay my taxes fair and square, and I want the government to have the resources to crack down on tax cheats. I don't expect you to understand.

 

[butters]

Not specifically; but I pay my taxes fair and square, and I want the government to have the resources to crack down on tax cheats. I don't expect you to understand.

the 87,000 figure's been thoroughly debunked and i've posted all the pertinent facts and figures on it. Not that the magaijit will bother reading things like that. truth hurts their eyes by threatening to shatter their illusions of reality.

 

[JohnEngelman]

It is worse that they are willing to pay more so their God's don't. How's that trickle down working? Sad they don't understand that the inflationary pressure seen today are partly the result of those "tax breaks". The other driving factor was the covid checks delaying the pressures caused by the tax breaks

This is another effect of Trump's tax cuts for the rich:





Republicans used to value balanced budgets. What happened to that?

 

[YDB95]

Republicans used to value balanced budgets.

No, they never really cared about balancing the budget. The only reason why they ever had a reputation as "the party of fiscal responsibility" is because they spent years claiming to be for balanced budgets while in fact running up enormous deficits every time they had the White House. Because most Americans are low-information voters, they heard the rhetoric but not the facts.

 

[LincolnDuncan]

Trump pays his taxes by thinking. It's on the government that they can't figure out how to collect.

 

[Sugar Baby Wanted]

...and then there's the real world that the rest of us inhabit

Please point out the good Biden has done. You got nuthin, like your insightful comment.