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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (969168)10/1/2016 11:10:26 PM
From: Stock Puppy1 Recommendation

Recommended By
Bonefish

  Respond to of 1578138
 
Donald Trump may have avoided paying federal income taxes for 18 years, according to tax records obtained by The New York Timesand published on Saturday night.The documents indicated that Trump declared a $916 million loss in 1995, providing him with a deduction so large it could have eliminated his obligation to legally pay annual federal taxes by up to $50 million for nearly two decades, tax experts told The Times.

Interesting.

So that's what is likely going on.
Trump has refused calls to release his tax returns, a decades-old tradition every Republican nominee since Richard Nixon has followed.
So it's a tradition, not a requirement.

Trump is promoting himself as a non-traditional candidate

At Monday night’s presidential debate, Clinton suggested Trump was perhaps refusing to publicly disclose his tax documents because he had not paid federal taxes. “That makes me smart,” Trump replied, raising eyebrows across the political world.
He should, so that this stupid issue doesn't keep popping up distracting from real issues.

Surely you can fault him for other matters, but there ain't nothing illegal here for this matter on Trump's side it seems.

Or better yet - work on promoting the positive aspects of the candidate that you like. I see little of that in general.

Don't like that not paying taxes because of a yuge deduction that carries over?
Then get off your butt and work to change the tax law.



To: puborectalis who wrote (969168)10/1/2016 11:56:58 PM
From: i-node2 Recommendations

Recommended By
FJB
Stock Puppy

  Read Replies (1) | Respond to of 1578138
 
Why is this even news?

People have NOLs all the time. That's a big one, but he did have to cough up a lot of cash to get clear of the Chapter 11s on Atlantic City.

If anything it shows these returns look like you would expect them to.



To: puborectalis who wrote (969168)10/2/2016 5:59:44 AM
From: bentway  Read Replies (2) | Respond to of 1578138
 
A patriot at the IRS stepped up, unlike Trump's Putin hacker allies.



To: puborectalis who wrote (969168)10/2/2016 9:36:30 AM
From: Bonefish1 Recommendation

Recommended By
locogringo

  Respond to of 1578138
 
Anonymous source. Man, that was easy.