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Why Does Trump Refuse to Release his Taxes?

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  • Why Does Trump Refuse to Release his Taxes?

    This video is interesting whether you agree with it or not:

    https://www.cnn.com/videos/tv/2019/0...s-cillizza.cnn

  • #2
    Who cares about Trump's taxes (aside from the IRS)? What great new knowledge will you, or anyone, gain by seeing them?

    I think seeing his (and I'd love to see Obama's) college transcripts would be more enlightening. By the way there are several obvious phony Obama ones floating around on the internet that the crazies on the Right are waving around.

    Like this one:



    Comment


    • #3
      Originally posted by T. A. Gardner View Post
      Who cares about Trump's taxes (aside from the IRS)? What great new knowledge will you, or anyone, gain by seeing them?

      I think seeing his (and I'd love to see Obama's) college transcripts would be more enlightening. By the way there are several obvious phony Obama ones floating around on the internet that the crazies on the Right are waving around.

      Like this one:


      It is hard to see how college transcripts affect a president's policies. It is easy to see how financial deals with foreign and domestic entities do affect any politician's decisions, and this is why tax information is important. After all the s*** that conservatives raised about Hillary regarding the donors of her husband's nonprofit foundation, it is hypocritical to argue that suddenly there is no interest to see information about Trump's for-profit business while at the same time Trump supporters chant "drain the swamp."
      My most dangerous mission: I landed in the middle of an enemy tank battalion and I immediately, started spraying bullets killing everybody around me having fun up until my computer froze...

      Comment


      • #4
        Originally posted by pamak View Post

        It is hard to see how college transcripts affect a president's policies. It is easy to see how financial deals with foreign and domestic entities do affect any politician's decisions, and this is why tax information is important. After all the s*** that conservatives raised about Hillary regarding the donors of her husband's nonprofit foundation, it is hypocritical to argue that suddenly there is no interest to see information about Trump's for-profit business while at the same time Trump supporters chant "drain the swamp."
        The things I'm looking for are the overall trend in grades-- a measure of intellect as well as studiousness-- and what classes they actually took. Were the classes serious ones or 'fluff?' Who were the professors (that can be gotten from the class and when it was taken even if not listed)?

        In Hillary's case given Chinagate in particular, and other fund raising irregularities she and Bill were involved in, it's reasonable to want to see their finances for a supposed non-profit that is tied to their politics to a good degree.

        On the other hand, Trump's personal taxes won't show what his corporation(s) are doing with regard to other entities. Also, unlike the Clinton's or Obama's, Trump gets audited every year by the IRS. You'd think they'd have found something by now if there were something to find.

        Comment


        • #5
          I'm wondering why also.
          Trump should have let them out years ago.
          Isn't it only a matter of time before some hacker does it for him?

          I say let them all out, and prove that he is (or isn't) the real anti-corruption President.

          Comment


          • #6
            Originally posted by T. A. Gardner View Post

            The things I'm looking for are the overall trend in grades-- a measure of intellect as well as studiousness-- and what classes they actually took. Were the classes serious ones or 'fluff?' Who were the professors (that can be gotten from the class and when it was taken even if not listed)?

            In Hillary's case given Chinagate in particular, and other fund raising irregularities she and Bill were involved in, it's reasonable to want to see their finances for a supposed non-profit that is tied to their politics to a good degree.

            On the other hand, Trump's personal taxes won't show what his corporation(s) are doing with regard to other entities. Also, unlike the Clinton's or Obama's, Trump gets audited every year by the IRS. You'd think they'd have found something by now if there were something to find.
            The measure of intellect cannot be estimated by an academic performance 30 years ago. Nor can you estimate the quality of the classes they took by looking at a transcript.

            You try to reverse the reason for wanting more transparency in politics. You require transparency in order to minimize all sorts of "irregularities" and conflicts of interests that can certainly affect political decisions. You do not ask for transparency as a result of finding any irregularity. Such demand is more an issue of the criminal justice. Here the issue is political!

            You do not know what Trump's personal income will show or not. I say that it can show very well if he has deals with Russians or not and how he has been able to finance his business. Also the IRS is not interested in the political issues we discuss. Dealing with Russia is not illegal which means that if right now Trump gets most of his profits from business in Moscow , the IRS will do nothing as long as Trump pays his taxes. Again, the issue of "draining the swamp" is political and the issue of corruption is often political in nature. Lobbying may be perfectly legal, but this does not mean that we do not or should not care about the type of connections that exist between politicians and such legal activities.
            Last edited by pamak; 16 Sep 19, 20:02.
            My most dangerous mission: I landed in the middle of an enemy tank battalion and I immediately, started spraying bullets killing everybody around me having fun up until my computer froze...

            Comment


            • #7
              Originally posted by T. A. Gardner View Post

              The things I'm looking for are the overall trend in grades-- a measure of intellect as well as studiousness-- and what classes they actually took. Were the classes serious ones or 'fluff?' Who were the professors (that can be gotten from the class and when it was taken even if not listed)?

              In Hillary's case given Chinagate in particular, and other fund raising irregularities she and Bill were involved in, it's reasonable to want to see their finances for a supposed non-profit that is tied to their politics to a good degree.

              On the other hand, Trump's personal taxes won't show what his corporation(s) are doing with regard to other entities. Also, unlike the Clinton's or Obama's, Trump gets audited every year by the IRS. You'd think they'd have found something by now if there were something to find.
              Trump does not have a corporation and he is not a CEO. His 'organization' is a privately owned company and it now appears that it all came from daddy.

              As to intellectual capacity, it appears from Trump's words and actions that it lies about three points below whale feces.

              Comment


              • #8
                Investopedia disagrees with you

                https://www.investopedia.com/updates...ump-companies/
                Dispite our best intentions, the system is dysfunctional that intelligence failure is guaranteed.
                Russ Travers, CIA analyst, 2001

                Comment


                • #9
                  Isn't that 'The Trump Organization'? It isn't a corporation-it is family owned.

                  You may want to take note of the category 'Trump's failed companies' as well as the casinos, which also failed.

                  That doesn't change the fact that he got his money from daddy.

                  Comment


                  • #10
                    Originally posted by pamak View Post

                    The measure of intellect cannot be estimated by an academic performance 30 years ago. Nor can you estimate the quality of the classes they took by looking at a transcript.
                    It gives me a good idea what a person's interests are, their background and depth in various subjects. For example, Al Gore's transcript is available.

                    https://www.washingtonpost.com/archi...?noredirect=on

                    https://www.cnsnews.com/news/article...iences-harvard

                    Basically, looking at Gore's transcript we can see someone who was disinterested in the sciences. He was a poor student.

                    Thus, we can dismiss without much greater evidence his ramblings on Gorebal Warming as just that. A layman's opinion based on a poor grasp of the facts.

                    George Bush (Bush II) was a bit better academically, but he was also pretty much just a college "jock."

                    We haven't seen Obama's so we don't know. I suspect he too was much like Gore and a mediocre student and average intellect.

                    Trump's would be interesting to see for the same reason.

                    You try to reverse the reason for wanting more transparency in politics. You require transparency in order to minimize all sorts of "irregularities" and conflicts of interests that can certainly affect political decisions. You do not ask for transparency as a result of finding any irregularity. Such demand is more an issue of the criminal justice. Here the issue is political!
                    No, I point out that the Clinton's have a long history, going back decades, of shady campaign finance, questionable deals with even more questionable persons all related to their political careers that should invite heightened scrutiny. That is, they've done it before and gotten away with it, what's to say they aren't doing it right now too?

                    You do not know what Trump's personal income will show or not. I say that it can show very well if he has deals with Russians or not and how he has been able to finance his business. Also the IRS is not interested in the political issues we discuss. Dealing with Russia is not illegal which means that if right now Trump gets most of his profits from business in Moscow , the IRS will do nothing as long as Trump pays his taxes. Again, the issue of "draining the swamp" is political and the issue of corruption is often political in nature. Lobbying may be perfectly legal, but this does not mean that we do not or should not care about the type of connections that exist between politicians and such legal activities.
                    I don't care what Trump's personal income is, no more than a I care what Bush's (either or), Obama's, or any other high profile figure's is. I'd only care if there were evidence of some illegality going on. Since Trump is audited every year simply because of his net wealth, I kind of doubt we'll discover anything useful from his tax returns.
                    The returns of his businesses, in whatever form they are run, are seperate from his personal income tax returns. So, seeing his personal returns won't tell us a thing about what his business(es) are doing.

                    Comment


                    • #11
                      Trump's taxes as I understand it our a more likely subject for IRS audits than the average politician making it irresponsible to release them to the public.
                      We hunt the hunters

                      Comment


                      • #12
                        Originally posted by pamak View Post

                        You do not know what Trump's personal income will show or not. I say that it can show very well if he has deals with Russians or not and how he has been able to finance his business. .
                        it would be interesting to know who finances his business, but obviously that won't appear on a tax return, even a business one.

                        interest, profits and outstanding debt appear on business returns, but not who loaned the money.
                        My business return will tell you how much interest I wrote off, but not who I borrowed the money from, whether it was the Vatican bank or the mafia...


                        Comment


                        • #13
                          Originally posted by Freebird View Post

                          it would be interesting to know who finances his business, but obviously that won't appear on a tax return, even a business one.

                          interest, profits and outstanding debt appear on business returns, but not who loaned the money.
                          My business return will tell you how much interest I wrote off, but not who I borrowed the money from, whether it was the Vatican bank or the mafia...

                          But it will show the level of income he gets from foreign countries.

                          As for the finance part recall that nothing in Hillary's return had anything to do with the ID of the donors for her husband's nonprofit business, but we were still able to get such information. If there is a will to hold people accountable, there is a way to have sensible transparency. A business person still needs to have a record to prove that he indeed paid interest to a certain lender and did not just pull a fictitious number out of thin air to reduce his taxes.
                          My most dangerous mission: I landed in the middle of an enemy tank battalion and I immediately, started spraying bullets killing everybody around me having fun up until my computer froze...

                          Comment


                          • #14
                            Originally posted by T. A. Gardner View Post
                            Who cares about Trump's taxes (aside from the IRS)? What great new knowledge will you, or anyone, gain by seeing them ?
                            If or not he's a "successful businessman" as has been often claimed here on the ACG.

                            https://www.newyorker.com/news/our-c...t-loser-of-all

                            By lumping all the different taxes together, this statement seemed to concede that Trump’s federal-tax payments after 1995 weren’t very large. The latest Times report confirms that Trump didn’t pay much tax in the decade before 1995, either. To wit: “Over all, Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years.” (The story also notes, “It is not known whether the I.R.S. later required changes after audits.”)
                            Which in turn impacts his qualifications as president, at least the economic aspects of it.



                            High Admiral Snowy, Commander In Chief of the Naval Forces of The Phoenix Confederation.

                            Comment


                            • #15
                              Originally posted by T. A. Gardner View Post

                              It gives me a good idea what a person's interests are, their background and depth in various subjects. For example, Al Gore's transcript is available.

                              https://www.washingtonpost.com/archi...?noredirect=on

                              https://www.cnsnews.com/news/article...iences-harvard

                              Basically, looking at Gore's transcript we can see someone who was disinterested in the sciences. He was a poor student.

                              Thus, we can dismiss without much greater evidence his ramblings on Gorebal Warming as just that. A layman's opinion based on a poor grasp of the facts.

                              George Bush (Bush II) was a bit better academically, but he was also pretty much just a college "jock."

                              We haven't seen Obama's so we don't know. I suspect he too was much like Gore and a mediocre student and average intellect.

                              Trump's would be interesting to see for the same reason.



                              No, I point out that the Clinton's have a long history, going back decades, of shady campaign finance, questionable deals with even more questionable persons all related to their political careers that should invite heightened scrutiny. That is, they've done it before and gotten away with it, what's to say they aren't doing it right now too?



                              I don't care what Trump's personal income is, no more than a I care what Bush's (either or), Obama's, or any other high profile figure's is. I'd only care if there were evidence of some illegality going on. Since Trump is audited every year simply because of his net wealth, I kind of doubt we'll discover anything useful from his tax returns.
                              The returns of his businesses, in whatever form they are run, are seperate from his personal income tax returns. So, seeing his personal returns won't tell us a thing about what his business(es) are doing.
                              No, it does not give a good idea of a person's intellect and depth in various subjects. And add to the above the fact that you certainly cannot compare a member of the elite which went to a prestigious university because of his dad's money or influence as an alumni to that of a person who did not have such connections.
                              Your claims about his disinterest in science has nothing to do with his intellect.

                              You talk about shady deals for Clinton while you do not see that one can make similar claims about Trump's shady deals, including recent ones related to Trump University and his numerous legal settlements. Sounds there is enough there to ask for the same amount of transparency you demanded for Clinton.

                              And in fact, as I said before, the issue of demanding transparency should be independent from the specific history of each politician. It should apply to ALL of them regardless of their past record. Demanding transparency is equal to demanding means that will discourage people in power to abuse it. And people in power, even with clean previous record, SHOULD operate under the most possible transparency.

                              You cared a lot about Clinton's personal income and even about her husband's NPO's donors. And supposedly, you also care about the "swamp" Pretending that money is not central in the issue of political corruptions does not sound convincing. Also the American tax payers have to report income in their tax returns from all sources worldwide and report foreign financial assets
                              Last edited by pamak; 17 Sep 19, 03:26.
                              My most dangerous mission: I landed in the middle of an enemy tank battalion and I immediately, started spraying bullets killing everybody around me having fun up until my computer froze...

                              Comment

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