Trump tax returns released, and no one is surprised that he was doing tax avoidence

[Deleted member 586536]

https://thehill.com/policy/finance/...-raise-alarms-about-fairness-of-u-s-tax-code/
"A preliminary review of the thousands of pages of Donald Trump’s tax returns released by a key congressional committee on Friday confirms that the former president was using business losses in the tens of millions of dollars to reduce his annual tax liability, in some cases all the way down to zero."
https://www.politico.com/news/2022/12/30/trump-taxes-foreign-income-00075872
"That year, Trump also brought in $6.5 million from China, $5.8 million from Indonesia and $5.7 million from India.

By 2020, his last full year in office, Trump reported $8.8 million in income from the U.K. and another $3.9 million in Ireland.

It’s not a surprise that Trump continued to receive money from foreign interests while he was president, since he kept ownership of the company."

https://www.theguardian.com/us-news/2022/dec/30/trump-tax-returns-released-us-house-committee
Also trump had a Chinese bank account while he was president. You only have a bank account open in a different country if you plan to do transactions from that country.

Also hilariously enough, Trump went on to say that democrats obtained it "unconstitutionally" (ironic since it was the supreme court, with 3 of the picks being his, cleared the way for the IRS to obtain it)
https://www.theguardian.com/us-news/2022/nov/22/supreme-court-trump-tax-returns-congress-house
And that it was "illegal"
Sure.

 

[Viri]

My parents and everyone I know does something similar. They try to pay as little as possible on their taxes.

 

[MariArch]

damn tax avoidance?? he's even more based then I thought previously

 

[Xzi]

Never donated his presidential salary, was never tough on China. Pays less in taxes than some homeless people and undocumented immigrants. Proof positive that you can be a millionaire and still remain white trash.

 

[Deleted member 586536]

damn tax avoidance?? he's even more based then I thought previously

ah... let me pull out the aged milk

What crime has he been charged with? And don't cite that stupid New York tax shit lmao.
You're pulling stuff out of your ass with accusations of "unique corruption". Lol.

We've gone from "what crime"
to "This crime is based"

Republican party/right wingers:law and order
Also Republican party/right wingers: "Who gives a fuck about the law"
the sheer irony

 

[impeeza]

My parents and everyone I know does something similar. They try to pay as little as possible on their taxes.

one thing is use the law for using a CORRECT tax declaration in order to pay the less you must, but other thing is using loopholes and lies to cheat the state and avoid taxes.

By example, if you don't know what the school expenses of your children are deductibles you end paying more taxes than you should.
but if on your declaration you invent a nonexistent child and deduct his expenses THAT'S is a felony, exactly what this "person" do it.

 

[nubman33]

https://thehill.com/policy/finance/...-raise-alarms-about-fairness-of-u-s-tax-code/
"A preliminary review of the thousands of pages of Donald Trump’s tax returns released by a key congressional committee on Friday confirms that the former president was using business losses in the tens of millions of dollars to reduce his annual tax liability, in some cases all the way down to zero."
https://www.politico.com/news/2022/12/30/trump-taxes-foreign-income-00075872
"That year, Trump also brought in $6.5 million from China, $5.8 million from Indonesia and $5.7 million from India.

By 2020, his last full year in office, Trump reported $8.8 million in income from the U.K. and another $3.9 million in Ireland.

It’s not a surprise that Trump continued to receive money from foreign interests while he was president, since he kept ownership of the company."

https://www.theguardian.com/us-news/2022/dec/30/trump-tax-returns-released-us-house-committee
Also trump had a Chinese bank account while he was president. You only have a bank account open in a different country if you plan to do transactions from that country.

Also hilariously enough, Trump went on to say that democrats obtained it "unconstitutionally" (ironic since it was the supreme court, with 3 of the picks being his, cleared the way for the IRS to obtain it)
https://www.theguardian.com/us-news/2022/nov/22/supreme-court-trump-tax-returns-congress-house
And that it was "illegal"
Sure.

no one cares. all you do is spew out garbage that not a single person gives a shit about.

Never donated his presidential salary, was never tough on China. Pays less in taxes than some homeless people and undocumented immigrants. Proof positive that you can be a millionaire and still remain white trash.

and why should he donate his salary? I don't see you donating yours at all. Also, fuck paying taxes. That bs shouldn't even exist.

 

[Deleted member 586536]

and why should he donate his salary? I don't see you donating yours at all. Also, fuck paying taxes. That bs shouldn't even exist.

Because he said he was going to lmao.

no one cares. all you do is spew out garbage that not a single person gives a shit about.

Okay

 

[Xzi]

and why should he donate his salary?

Because he promised he would? Said he was rich enough already and that the presidential salary was basically a pittance. Of course anyone with more than half a brain knew he was full of shit, but his cultists pretended it was a huge selling point for his entire four years in office.

Also, fuck paying taxes. That bs shouldn't even exist.

The tax burden on the lower and middle classes should be a lot less, but it never will be as long as we have to make up for what isn't being collected from millionaires and billionaires.

 

[Hanafuda]

Never donated his presidential salary

Because he said he was going to lmao.

https://factcheck.afp.com/doc.afp.com.33682XG

"After Congress released details on Donald Trump's taxes in December 2022, Democratic activists and groups claimed on social media that the report indicated the former US president did not donate his salary as he had promised. This is misleading; while the document includes wages Trump earned while in the White House, independent tax experts say it shows he gave that money away, and public records indicate he made contributions to federal agencies."

 

[impeeza]

At my country if you earn 20 times the minimum wage, you taxes are 0, but if you earn 2 or more times the minimum wage you tax start on 60% of your salary (divided on several taxes) you have to make magic to get "legal" deductibles and try to pay less taxes, or all your salary goes to taxes

 

[Deleted member 586536]

https://factcheck.afp.com/doc.afp.com.33682XG

"After Congress released details on Donald Trump's taxes in December 2022, Democratic activists and groups claimed on social media that the report indicated the former US president did not donate his salary as he had promised. This is misleading; while the document includes wages Trump earned while in the White House, independent tax experts say it shows he gave that money away, and public records indicate he made contributions to federal agencies."

https://www.businessinsider.com/tru...te-presidents-salary-for-last-6-months-2021-7
"he donated the money to federal agencies."
Which is also, not charity as he promised

 

[impeeza]

https://factcheck.afp.com/doc.afp.com.33682XG

"After Congress released details on Donald Trump's taxes in December 2022, Democratic activists and groups claimed on social media that the report indicated the former US president did not donate his salary as he had promised. This is misleading; while the document includes wages Trump earned while in the White House, independent tax experts say it shows he gave that money away, and public records indicate he made contributions to federal agencies."

he doesn't "give away" hi made several donations, the difference is if he "give away" he can not lucrate from that money, but donating it he receive taxes reductions, and bank interest for the time he have.

Post automatically merged: Jan 3, 2023

https://www.businessinsider.com/tru...te-presidents-salary-for-last-6-months-2021-7
"he donated the money to federal agencies."
Which is also, not charity as he promised

federal agencies like his own wall?

 

[Hanafuda]

Which is also, not charity as he promised

I knew he said he would "donate" his salary, or that he would receive no salary. I can't find a direct quote from Trump saying it would be "to charity." If you can, please post it. I did find a number of results from during his term listing the government agencies to which he was donating an equivalent to his salary, so this isn't new, and isn't "news."

https://www.politifact.com/truth-o-meter/promises/trumpometer/promise/1341/take-no-salary/

 

[Xzi]

https://factcheck.afp.com/doc.afp.com.33682XG

"After Congress released details on Donald Trump's taxes in December 2022, Democratic activists and groups claimed on social media that the report indicated the former US president did not donate his salary as he had promised. This is misleading; while the document includes wages Trump earned while in the White House, independent tax experts say it shows he gave that money away, and public records indicate he made contributions to federal agencies."

https://www.businessinsider.com/tru...te-presidents-salary-for-last-6-months-2021-7
"he donated the money to federal agencies."
Which is also, not charity as he promised

I suppose it's important we get our facts straight, but it's ultimately a wash if he donates some 1.2 million and then dodges 10+ million in taxes anyway. It's why he fought so hard to keep this secret.

 

[Hanafuda]

I suppose it's important we get our facts straight, but it's ultimately a wash if he donates some 1.2 million and then dodges 10+ million in taxes anyway. It's why he fought so hard to keep this secret.

Dodged 10+ million in taxes ... is that a fact you got straight? If his filings were done legally, then it was legal. The guy makes no secret of his practice of paying as little in taxes as possible. If it was done illegally, you'd think something would be done about it. But the coverage of these tax returns is mostly opinion from what I've seen. Like yours.

 

[Deleted member 586536]

I knew he said he would "donate" his salary, or that he would receive no salary.

He has to accept a salary by the constitution, as no person in office is allowed to work without compensation apparently.
Secondly, after he learned that he couldn't avoid taking a salary, he said he would donate it to charity.

 

[Viri]

independent tax experts say it shows he gave that money away, and public records indicate he made contributions to federal agencies."

If I made such a promise, and had to choose a federal agency, I'd choose NASA. Too bad a few million will do fuck all for space exploration.

 

[Xzi]

Dodged 10+ million in taxes ... is that a fact you got straight? If his filings were done legally, then it was legal.

Contrary to his constant stream of word diarrhea, Trump hasn't been audited any time in the last decade or so. He was supposed to be audited his first year in office, just as Obama and Biden were, but it never happened. Guess all the right palms got greased.

 

[Hanafuda]

Contrary to his constant stream of word diarrhea, Trump hasn't been audited any time in the last decade or so. He was supposed to be audited his first year in office, just as Obama and Biden were, but it never happened. Guess all the right palms got greased.

Audit him now.

Post automatically merged: Jan 3, 2023

He has to accept a salary by the constitution, as no person in office is allowed to work without compensation apparently.
Secondly, after he learned that he couldn't avoid taking a salary, he said he would donate it to charity.

Source.