what about all the businesses, properties, employees etc that are the responsibility of Trump or any of us other folks. Don’t they all provide taxes to the government? Due to being created by someone?

Osky

Every day we lower our standards.

Just read where the super rich like Gates, Blomberg and Zoros start foundation"s to keep from paying taxes. And still get to enjoy the money.

They just got the tax returns now? Betcha they have had them for months.

Yep, and the headline didn't read.......TRUMP CHEATED ON HIS TAXES!!! Guess they couldn't find any wrongdoing.

"Trump said that under his tax plan, "we will eliminate the carried interest deduction and other special interest loopholes that have been so good for Wall Street investors, and for people like me, but unfair to American workers." "

"Despite repeated pledges to get rid of carried interest tax break, it remains on the books "


You don't have to look hard to find that Trump is following tradition. However, you do have to believe it is true. That might be hard.

Musta worked, he obviously isn't making any money or he'd be paying taxes.

The IRS will be relentless as they were with Al Capone and others. As of today there may not be evidence of cheating but if the investigation shows neglect, fraud or illegal passages of funds to create false expenses and deductions there will be consequences to pay. We will see where this goes but why the very wealthy would even consider risking their freedoms to not be true on tax filings is beyond me as the codes and laws are written to favor the wealthy overwhelmingly. The tax issue may well be the smaller of the two if it shows his businesses and business management are poor and in economic dire straights. The real issue here is if the businesses are indeed in deep financial stress who and what banks or organizations are propping them up?

Bryce

I was reading up and both leaks (from the source and the NYT) are felonies. I highly doubt they will see any court processes.

How does the NYT always manage to get leaks? I say follow their black books to figure out who is who paying for the leaks and who the leaks are. My money is the Clintons have a hand involved in these leaks.

Julian Assange

Trump has a team of accountants and lawyers. This is old bidness to him.

Trump is actually suing to get 73 million back that he paid in from 05-08 which may be why the audit that is taking years??

My only interest in his or anyone else's personal business is in whether or not they broke the law. My own private affairs keep me busy as I want to be.

Who's really more similar to the welfare parasite: a businessmen who generates income and pays or doesn't pay a portion of it in taxes, or a politician whose income comes from taxes, and pays a small portion of it back?

It's lunacy to equate politicians to businessmen (or employees) when it comes to taxes, because politicians' income comes from taxes to begin with.

Let's call it "net contribution."
If a businessmen earns $100k profit in a year and pays 20% tax, he contributes $20k to the federal coffers that wouldn't otherwise be there.
If a politican is paid $100k by the taxpayers and pays 20% tax, he still cost the taxpayers $80k.

That's a simplistic illustration, but the point is that even a businessman who operates at a loss contributes far more to the economy and the IRS than any politician. Even if Trump pays no taxes, how much tax is paid by his employees and contractors that otherwise wouldn't be? Hoe many people are employed by Trump's businesses who otherwise wouldn't be? Would Joe Biden hire them? To do what? The value of a business to the economy is far greater than a simple balance sheet, and it's certainly greater than a tax statement.

The mindset expressed by Boco, James and many leftists, that paying taxes is a measure of either moral virtue, business success or economic value, comes down to one word: ENTITLEMENT. The idea that someone is entitled to someone else's money. For any reason, period.

Here's why I don't care if Donald Trump paid any taxes: because I don't believe the US Government is entitled to any of Donald Trump's money to begin with. Or mine, or yours. The reason the Left makes a moral issue out of paying taxes is because the socialist state NEEDS people like Trump to pay taxes so they can keep paying people like Biden and all their welfare constituents.

Well said KenaiDude.

I still doubt that the NYT has Trump's tax returns. If you read the article they repeatedly use the term "tax return data." This could be a simple spreadsheet or just an IRS summary or narrative of previous returns. They also use various terms such as 'revenue' as a synonym for profit or earnings. They never describe what structure of depreciation the article is referring to nor do they say which depreciation schedule Trump accountants used.

Just another in a long line of hoaxes......IMO

Trump should clear this up and release his tax returns like he promised he would do after he was elected.

It's all about the debate. They're worried/scared to death, about the debate.

I feel they have them too. A month or so ago he lost the court case to the N.Y. AG. Who had been on his tail since he won.
Of course they weren't to be released.

And that would help you how?