Trump dodged taxes while inheriting the equivalent of $413 M in today's dollars

[JScottWriter]

He is running for public office at the highest position in government, his tax returns are our business. If you don't want the public to know don't run. He promised he would show them and never has. He also promised he would put his business in a blind trust and never has.

 

[Spartanmack]

He is running for public office at the highest position in government, his tax returns are our business. If you don't want the public to know don't run. He promised he would show them and never has. He also promised he would put his business in a blind trust and never has.

no, they're not your business. There's no requirement for a candidate for POTUS to disclose their tax returns. The fact that others have done it, doesn't make every candidates tax returns your business.

and on top of that, his net worth, like anyone else's isn't disclosed on his tax returns.

 

[Michchamp]

no, they're not your business. There's no requirement for a candidate for POTUS to disclose their tax returns. The fact that others have done it, doesn't make every candidates tax returns your business.

and on top of that, his net worth, like anyone else's isn't disclosed on his tax returns.

you still have to report income from assets... it would indicate his assets are far smaller than he brags about. Other people who followed/wrote about Trump have speculated the same thing.

Would you take investment advice from Trump?

Would you attend "Trump University" to learn how to be a billionaire like him?

 

[tigermud]

I didn't vote for Trump because of his taxes! I don't give a shit about his taxes!

When you guys have an option that both puts America first and isn't an insensitive asshole let me know!

trump 2020

 

[Michchamp]

When you guys have an option that both puts America first and isn't an insensitive asshole let me know!

trump 2020

lol, yeah, Trump is a real sensitive guy.

now, please, he'll be conducting all state functions at Mar-A-Lago and Trump Tower, because he puts "America First."

 

[tigermud]

lol, yeah, Trump is a real sensitive guy.

now, please, he'll be conducting all state functions at Mar-A-Lago and Trump Tower, because he puts "America First."

Economic data agrees with you. Great job on the new trade deals trump!, China will be a much tougher nut but he'll get it done.

I agree with Dan

https://streamable.com/tvkx7

 

[Spartanmack]

you still have to report income from assets... it would indicate his assets are far smaller than he brags about. Other people who followed/wrote about Trump have speculated the same thing.

Would you take investment advice from Trump?

Would you attend "Trump University" to learn how to be a billionaire like him?

you don't report gains on assets until you realize them. Income generated from assets, particularly his wouldn't tell you the size of them, just the income they generate. Plus, you don't isolate which assets generated income - tax returns aren't that granular. Unless he also reports some kind of % return, you won't know what they're worth.

Me: Trump's tax returns aren't anyone else's business and his net worth isn't disclosed on them.

MC in response: Would you take investment advice from him? Would you attend Trump University?

Whether or not I would attend his university (I wouldn't) or seek investment advice from him (probably not), has nothing to do with whether or not his tax returns are anyone's business or whether you can find out how much he's worth from looking at them.

 

[Gulo Blue]

Allan Iverson.

I'm sure there are lots of stories of inherited wealth being squandered. How many stories are there of inherited wealth being grown 3x to as much as 10x+, depending on what Trump's actual net worth is?

I would expect most of the wealthiest families in America have grown inherited wealth by factors like that or more.

 

[JScottWriter]

no, they're not your business. There's no requirement for a candidate for POTUS to disclose their tax returns. The fact that others have done it, doesn't make every candidates tax returns your business.

and on top of that, his net worth, like anyone else's isn't disclosed on his tax returns.

It's not OTHER candidates it is EVERY candidate (the final 2 in the election) for a very long time. And when he signs new tax reforms and peddles the bullshit that "trust me this bill won't help me it helps the little guy", I feel he should have to prove that if he is running for political office.

 

[biggunsbob]

Economic data agrees with you. Great job on the new trade deals trump!, China will be a much tougher nut but he'll get it done.

I agree with Dan

https://streamable.com/tvkx7

It’s so true .. Fox and (The Lying Sack of Shit) Trump fucking this country one conservative at a time lol.. Holy brainwashed you guys are. Trump could blow a horse in time square and Righty’s would still call him Orange Jesus. His presidency will go down in history as the most corrupt of all time when it is over. Democrats will have to fix his mess just like the last time probably. History repeats itself. Large tax breaks for the top that never trickle down. Same old shit just a different year.

 

[sggatecl]

Until it gets made into a law, he simply doesn't have to. Would I love to see it? Of course. But this administration has been playing by it's own set of rules from the beginning, as promised in their campaign.

This is just another example of how much better at politics the GOP is. Obama wants to appoint a SCJ, turtle dude says 'No' and it sticks because there is no law saying he has to. Trump refuses to release taxes, liberals get mad but ultimately no law is broken when he doesn't, so he won't. Trump repeatedly funnels government money into his resorts by staying there every other weekend, but there is no law saying where the president has to stay. I'm positive there are more examples but you get the point.

His supporters and his 'I don't support him, just his policies' (supporters) don't care about these things so long as he sticks to the party line. So until (big IF, mind you) the Democrats wield any power, expect more of the same.

 

[biggunsbob]

One day hopefully the Corrupt Gop will be a thing of history. It will be written how they lied and stole elections. How they allowed the most corrupt president in the history of our nation come to power and stood by and let it happen. They Stole Judical appointments, and set this country back probably 100 or more years. The advent of left of center CNN, and the corrupt very Far Right FOX have destroyed news gathering in this country. Facts use to be facts . Tell that to the GOP.

 

[Gulo Blue]

This is just another example of how much better at politics the GOP is.

No kidding. For all the crying about how judges get appointed now, it's the Democrats that broke the system.



https://en.wikipedia.org/wiki/Nuclear_option

 

[biggunsbob]

I've been say for year the Democrats need to stoop as low as the republicans to win and keep power. They just never seem to learn.

 

[tinselwolverine]

One day hopefully the Corrupt Gop will be a thing of history. It will be written how they lied and stole elections. How they allowed the most corrupt president in the history of our nation come to power and stood by and let it happen. They Stole Judical appointments, and set this country back probably 100 or more years. The advent of left of center CNN, and the corrupt very Far Right FOX have destroyed news gathering in this country. Facts use to be facts . Tell that to the GOP.

It will be written one day?

You just wrote it just now!

 

[Michchamp]

No kidding. For all the crying about how judges get appointed now, it's the Democrats that broke the system.



https://en.wikipedia.org/wiki/Nuclear_option

this is all by design... two parties that agree on everything but abortion.

The Democrats that rise to power within the party are those who are perfectly fine with letting businesses break the law, pollute the environment, and defraud investors (aka "deregulation"), tax cuts for the rich, rubber stamping the Pentagon's decisions, etc. Pelosi, Hoyer, Schumer, etc. are no more "liberal" than any pro-wrestler who is slated to be the heel in a match is evil. It's all kayfabe.

 

[Michchamp]

you don't report gains on assets until you realize them. Income generated from assets, particularly his wouldn't tell you the size of them, just the income they generate. Plus, you don't isolate which assets generated income - tax returns aren't that granular. Unless he also reports some kind of % return, you won't know what they're worth.

Me: Trump's tax returns aren't anyone else's business and his net worth isn't disclosed on them.

MC in response: Would you take investment advice from him? Would you attend Trump University?

Whether or not I would attend his university (I wouldn't) or seek investment advice from him (probably not), has nothing to do with whether or not his tax returns are anyone's business or whether you can find out how much he's worth from looking at them.

well, you're right, but I was talking about income.

And, now, I don't know about you, but when I report dividend income, capital gains, etc. it tells me to attach schedues that detail the sources of this income or substantiate the transactions.

So... unless Trump has assets not generating any income, in theory, they'd be part of his returns.

and if not... he should have been audited, heavily.

Rich people shouldn't get a pass just because you think taxes are bad because you want OTHER people to pay for the roads you drive on, hospitals you can visit in emergencies, police protection, fire protections, airports, courts, etc. etc.

 

[Spartanmack]

Until it gets made into a law, he simply doesn't have to. Would I love to see it? Of course. But this administration has been playing by it's own set of rules from the beginning, as promised in their campaign.

This is just another example of how much better at politics the GOP is. Obama wants to appoint a SCJ, turtle dude says 'No' and it sticks because there is no law saying he has to. Trump refuses to release taxes, liberals get mad but ultimately no law is broken when he doesn't, so he won't. Trump repeatedly funnels government money into his resorts by staying there every other weekend, but there is no law saying where the president has to stay. I'm positive there are more examples but you get the point.

His supporters and his 'I don't support him, just his policies' (supporters) don't care about these things so long as he sticks to the party line. So until (big IF, mind you) the Democrats wield any power, expect more of the same.

this is definitely not true. if he's spending more money on travel/lodging than past president's, I have an issue with that. if he's charging the gov't more than other patrons, I have an issue with that, too (and I mean for like services - of course there are extra costs for security and staff that normal people don't travel with). I'll pay closer attention to it when somebody shows me how much more it costs than prior presidents, but in the scheme of things, how our gov't wastes money, it's a rounding error.

But you're right, I don't recall the people who bitch weekly about Trump using his own properties for travel complaining once, let alone weekly about the Obama's exhorbitant vacation costs (Michelle's European vacations with friends, the annual 3 week Hawaii Christmas vacations, etc, etc).

 

[Spartanmack]

One day hopefully the Corrupt Gop will be a thing of history. It will be written how they lied and stole elections. How they allowed the most corrupt president in the history of our nation come to power and stood by and let it happen. They Stole Judical appointments, and set this country back probably 100 or more years. The advent of left of center CNN, and the corrupt very Far Right FOX have destroyed news gathering in this country. Facts use to be facts . Tell that to the GOP.

yes, it will be written in the incoherent rantings of a partisan lunatic on DSF. maybe one day, your writings will be discovered in the post apocalyptic ruins of our once great society and the survivors will know what really happened here.

 

[Spartanmack]

It will be written one day?

You just wrote it just now!

dammit, you beat me to it! I did write my post before I read yours.