An example of how a majority of Democrats are really dumb about taxes.

[healthmyths]

How many times have you read/heard Democrats/progressives complain about how corporations are evil. That businesses only interest in profit. That they should be taxed more. Dummy Joe Biden will on Wednesday propose a tax strategy that would increase the U.S. corporate tax rate to 28% from 21%
Good example of how ignorant people are is this comment:

• Former President Donald Trump’s signature tax law, the Tax Cuts and Jobs Act, cut taxes for most Americans. Its benefits went mostly to the rich.

Trump cut taxes for the rich. Biden wants to raise them

President Joe Biden wants to raise trillions of tax dollars from the wealthy. It's a reversal from Donald Trump's signature tax law.

www.cnbc.com

For you dummies out there:
Do you think that corporations took the tax cuts and :
1) Buried the extra money in the back yard or
2) did they hide it in their mattresses.
What do you think they did?
Well for one thing they brought back from offshore where THEY were not paying 28% taxes more than $1 trillion of overseas profits

U.S. Companies' Repatriated Cash Hits $1 Trillion Under Tax Law

Corporations have brought back more than $1 trillion of overseas profits to the U.S. since Congress overhauled the international tax system and prodded companies to repatriate offshore funds, a report showed Thursday.

www.bloomberg.com

So what did they do with that $1 trillion... bury it the back yard or hide it in their mattresses?
What do you think they did? OH yea... they paid the $1 trillion to corporate Execs.! Yea that's it.
OK did these execs bury it in the back yard or hide it in their mattresses?
The point is you idiots that don't understand how money buried in the backyard or hidden in the mattresses doesn't do anything...much less for those that buried or hidden the money!
So what happens?
I'd be happy to explain but you idiots probably haven't read down this far as it is with your 30 second attention span!
Some things that may have happened to that $1 trillion and the savings in corporate taxes.
A) Manufacturers built more factories, hired more people, bought more goods and services.
B) Companies invested in start-up companies taking greater risks because they had more money to risk!
All in all $1 trillion brought back was almost all re-invested and not as you dummies think buried in the back yard or hidden!

28 percent isnt even what it was before trump.

what benefit has this chronically falling corporate tax rate had ?
Seems to me it just makes the rich more rich, while everything else crumbles.

Don't you dummies that complain about the rich being more rich ever get honest and recognize the simple fact.
You either weren't smart enough or industrious enough to become one of those filthy rich.
I am not one of those "filthy rich". I am though for the most part an honest person who doesn't blame the "filthy rich" .
That's so idiotic because 200 years ago there were far fewer "filthy rich" than today.
But more importantly 200 years ago those few "filthy rich" didn't have what YOU a dummy has today!
A) NO internet meaning instant answers to any dummies questions...
B) NO cell phone... again instant communication with anyone anywhere in the world. What did the "filthy rich" have equal to it?
Our analysis shows that there were approximately 10 million free government cell phone users at the end of 2013.
C) Did the "filthy rich" have free housing as" over 5 million low-income households receive federal rental assistance."
Federal Rental Assistance Fact Sheets | Center on Budget and Policy Priorities
D) How many people get some kind of welfare payments?
There are over 59 million Americans that receive welfare during an average month. SNAP is the biggest welfare program in the US. Children, the disabled and elderly constitute the majority of public benefit recipients. More women than men are dependent on food stamps. Straight Talk on Welfare Statistics (25+ Stats & Facts) | Fortunly

Think about that the next time you complain about the "filthy wealthy"...
Free food. Free rent. Free internet. Free cell phones.

200 years ago, anybody could feed and house themselves, either by farming or hunting.
Such a lame justification for ever increasing inequality, that technology was non-existent 200 years ago.

You are right!
No question they feed themselves and housed themselves.

Their average life span over the past 160 years, life expectancy (from birth) in the United States has risen from
39.4 years in 1860, to 78.9 years in 2020. Nearly double!

United States: life expectancy 1860-2020 | Statista

Over the past 160 years, life expectancy (from birth) in the United States has risen from 39.4 years in 1860, to 78.9 years in 2020.

www.statista.com

And of course the technology didn't exist 200 years ago because capitalism that encourages innovation didn't exist as it does today.

Why are you so insistent that people not feed themselves or house themselves today?
How many millionaires (never mind there were no billionaires) were there 200 years ago...in the entire world?
Wow let's see what the technology that exists today tells us!
However, by the late 1800s, there were about 4,000 millionaires in the USA. Historically Speaking: 19th-century Norwich had many millionaires
Today 18,614,000.
In fact and if you're wondering if family background played a part,

• 59 percent of the self-made millionaires came from middle-class households and
• 41 came from poor households -- proving where you start does not dictate where you finish.
  

  8 of 10 Self-Made Millionaires Were Not 'A' Students. Instead They Share This Trait

  Since most self-made millionaires didn't get great grades in school, what is the secret to their success?

  www.inc.com

what is your excuse???

 

[alang1216]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

 

[progressive hunter]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

problems caused by the very people wanting to raise taxs,,,

 

[alang1216]

did you notice how alang went from talking about taxs to complaining trump only paid 750 and ignored all the people like all sharpton that are millions of dollars in unpaid taxs??

I don't condone any illegal actions if sharpton broke the law he should pay but kaz raised the issue of how billionaires can avoid taxes. I thoughtfully provided from educated on how one billionaire is alleged to have done it. No need to thank me.

You brought up a scenario that had zero changes of a billionaire wiping out his tax bill

Not sure what you meant but a billionaire paying $750 in income taxes has essentially wiped out his tax bill.

first you would have to know all the details of why he paid that much,,

do you know them??

He promised them but never delivered on his promise (Surprise, surprise!). Some have been leaked and now he is being investigated for fraud. Here is only one example:

Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell

Exploring the Business of Trump

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

 

[alang1216]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

problems caused by the very people wanting to raise taxs,,,

Nobody wants to raise taxes, what is wanted is a solution to a problem and sometimes it requires money to solve it.

 

[progressive hunter]

did you notice how alang went from talking about taxs to complaining trump only paid 750 and ignored all the people like all sharpton that are millions of dollars in unpaid taxs??

I don't condone any illegal actions if sharpton broke the law he should pay but kaz raised the issue of how billionaires can avoid taxes. I thoughtfully provided from educated on how one billionaire is alleged to have done it. No need to thank me.

You brought up a scenario that had zero changes of a billionaire wiping out his tax bill

Not sure what you meant but a billionaire paying $750 in income taxes has essentially wiped out his tax bill.

first you would have to know all the details of why he paid that much,,

do you know them??

He promised them but never delivered on his promise (Surprise, surprise!). Some have been leaked and now he is being investigated for fraud. Here is only one example:

Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell

Exploring the Business of Trump

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

thats what youve been told,, whats the truth about the 750,, and why does it matter to this topic,,

sidenote,, I applaud any person or company that pays less in taxs,,,

starve the beast is our only answer,,

 

[kaz]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

problems caused by the very people wanting to raise taxs,,,

Nobody wants to raise taxes, what is wanted is a solution to a problem and sometimes it requires money to solve it.

Obama said he would raise taxes on the wealthy even if no more income was generated because it's "fair"

 

[progressive hunter]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

problems caused by the very people wanting to raise taxs,,,

Nobody wants to raise taxes, what is wanted is a solution to a problem and sometimes it requires money to solve it.

how about we start with the 47% that pay nothing in income taxs and see what happens,,

shouldnt everyone have skin in the game??

 

[kaz]

did you notice how alang went from talking about taxs to complaining trump only paid 750 and ignored all the people like all sharpton that are millions of dollars in unpaid taxs??

I don't condone any illegal actions if sharpton broke the law he should pay but kaz raised the issue of how billionaires can avoid taxes. I thoughtfully provided from educated on how one billionaire is alleged to have done it. No need to thank me.

You brought up a scenario that had zero changes of a billionaire wiping out his tax bill

Not sure what you meant but a billionaire paying $750 in income taxes has essentially wiped out his tax bill.

first you would have to know all the details of why he paid that much,,

do you know them??

He promised them but never delivered on his promise (Surprise, surprise!). Some have been leaked and now he is being investigated for fraud. Here is only one example:

Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell

Exploring the Business of Trump

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

thats what youve been told,, whats the truth about the 750,, and why does it matter to this topic,,

sidenote,, I applaud any person or company that pays less in taxs,,,

starve the beast is our only answer,,

So you want to end deducting your expenses when you invest in growing a company. Of course you do, fascist.

It's not like that's where jobs come from. Oh wait, it is ...

 

[alang1216]

thats what youve been told,, whats the truth about the 750,, and why does it matter to this topic,,

sidenote,, I applaud any person or company that pays less in taxs,,,

starve the beast is our only answer,,

To tell the truth I don't recall why the $750 came up but that is what Trump paid in income in one year. You can go back through the thread if you care, I don't.

 

[alang1216]

Obama said he would raise taxes on the wealthy even if no more income was generated because it's "fair"

Got a link? I think you are misrepresenting his position.

 

[alang1216]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

problems caused by the very people wanting to raise taxs,,,

Nobody wants to raise taxes, what is wanted is a solution to a problem and sometimes it requires money to solve it.

how about we start with the 47% that pay nothing in income taxs and see what happens,,

shouldnt everyone have skin in the game??

People who pay no income taxes still pay sales and gas taxes, among others. The percent they pay is probably higher than the rich.

 

[alang1216]

He promised them but never delivered on his promise (Surprise, surprise!). Some have been leaked and now he is being investigated for fraud. Here is only one example:

Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell

Exploring the Business of Trump

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

thats what youve been told,, whats the truth about the 750,, and why does it matter to this topic,,

sidenote,, I applaud any person or company that pays less in taxs,,,

starve the beast is our only answer,,

So you want to end deducting your expenses when you invest in growing a company. Of course you do, fascist.

It's not like that's where jobs come from. Oh wait, it is ...

If you read more carefully, you'd know that deducting your expenses is legit, inflating or deflating their value is not.

Are you soft on crime?

 

[kaz]

Obama said he would raise taxes on the wealthy even if no more income was generated because it's "fair"

Got a link? I think you are misrepresenting his position.

Oops. Here you go.

Now be a man and acknowledge that you asked for a link ... and got it ...

 

[kaz]

He promised them but never delivered on his promise (Surprise, surprise!). Some have been leaked and now he is being investigated for fraud. Here is only one example:

Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell

Exploring the Business of Trump

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

thats what youve been told,, whats the truth about the 750,, and why does it matter to this topic,,

sidenote,, I applaud any person or company that pays less in taxs,,,

starve the beast is our only answer,,

So you want to end deducting your expenses when you invest in growing a company. Of course you do, fascist.

It's not like that's where jobs come from. Oh wait, it is ...

If you read more carefully, you'd know that deducting your expenses is legit, inflating or deflating their value is not.

Are you soft on crime?

And if you actually read my responses, I already answered this. No billionaire can eliminate all their taxes just by inflating values. You haven't provided any way that a billionaire could realistically actually eliminate their taxes other than investing in a growing company, you are just pretending you did

 

[progressive hunter]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

problems caused by the very people wanting to raise taxs,,,

Nobody wants to raise taxes, what is wanted is a solution to a problem and sometimes it requires money to solve it.

how about we start with the 47% that pay nothing in income taxs and see what happens,,

shouldnt everyone have skin in the game??

People who pay no income taxes still pay sales and gas taxes, among others. The percent they pay is probably higher than the rich.

we arent talking about those,,, and they are a small fraction of total revenue,,

and all of us pay the same percent on those,, its the income tax the rich pay a higher percentage,,,

 

[alang1216]

He promised them but never delivered on his promise (Surprise, surprise!). Some have been leaked and now he is being investigated for fraud. Here is only one example:

Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell

Exploring the Business of Trump

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

thats what youve been told,, whats the truth about the 750,, and why does it matter to this topic,,

sidenote,, I applaud any person or company that pays less in taxs,,,

starve the beast is our only answer,,

So you want to end deducting your expenses when you invest in growing a company. Of course you do, fascist.

It's not like that's where jobs come from. Oh wait, it is ...

If you read more carefully, you'd know that deducting your expenses is legit, inflating or deflating their value is not.

Are you soft on crime?

And if you actually read my responses, I already answered this. No billionaire can eliminate all their taxes just by inflating values. You haven't provided any way that a billionaire could realistically actually eliminate their taxes other than investing in a growing company, you are just pretending you did

I gave you an example of a billionaire reducing his tax bill to $750 by inflating asset values. Feel free to keep your head in the sand

 

[progressive hunter]

He promised them but never delivered on his promise (Surprise, surprise!). Some have been leaked and now he is being investigated for fraud. Here is only one example:

Never-Before-Seen Trump Tax Documents Show Major Inconsistencies
The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell

Exploring the Business of Trump

Documents obtained by ProPublica show stark differences in how Donald Trump’s businesses reported some expenses, profits and occupancy figures for two Manhattan buildings, giving a lender different figures than they provided to New York City tax authorities. The discrepancies made the buildings appear more profitable to the lender — and less profitable to the officials who set the buildings’ property tax.

thats what youve been told,, whats the truth about the 750,, and why does it matter to this topic,,

sidenote,, I applaud any person or company that pays less in taxs,,,

starve the beast is our only answer,,

So you want to end deducting your expenses when you invest in growing a company. Of course you do, fascist.

It's not like that's where jobs come from. Oh wait, it is ...

If you read more carefully, you'd know that deducting your expenses is legit, inflating or deflating their value is not.

Are you soft on crime?

And if you actually read my responses, I already answered this. No billionaire can eliminate all their taxes just by inflating values. You haven't provided any way that a billionaire could realistically actually eliminate their taxes other than investing in a growing company, you are just pretending you did

I gave you an example of a billionaire reducing his tax bill to $750 by inflating asset values. Feel free to keep your head in the sand

you guys need to stop with the anonymous sources,, its hurting your credibility,,,

 

[citygator]

youre thinking about the lockdown and how its the biggest transfer of wealth from th poor to the rich in history

As if the bottom has wealth to transfer. Are you just letting a monkey run over your keyboard?

The biggest wealth transfer was the government telling wealthy and corporations that they didn’t have to pay taxes but could just keep amassing wealth at historic rates.Damn the righties are broken Intellectually.

Another Marxist who says not taking their money is giving them money

Let’s get rid of all government and all taxes. Are you an anarchist?? Fucking anarchist here. Kaz is an anarchist!!!

So our choices are that all the money is the governments and everything they don't take is giving us money or zero taxes and anarchy.

What a dumb ass

What makes 21% American freedom and 28% everything? So little brainpower on the right. You guys only know how to cry Wolf and use buzzwords. You want to debate be honest about it:

- Our tax structure has put wealth in record level concentrations at the top
- Our tax structure is creating world record deficits.
- Republicans out spent Democrats in the last several decades
- There is only one answer: Raise taxes to reduce deficits and spread out wealth accumulation so that it benefits the bottom much more than it does today.

You're just babbling bull shit, fascist.

And our deficits are created by out of control SPENDING

Cut the defense spending by $300B, eliminate corporate subsidies(including farms), freeze spending growth rates 2%, nationalize healthcare, and raise taxes on the rich. Done.

I agree there can be some cuts to the military and all subsidies need to end, cut all spending increases and cut spending by 40% no socialist healthcare and no tax increase one anyone,,

and lets see how that turns out for a few yrs,,

Wasn't that the America of 100 years ago? All the changes since then have been in response to actual problems.

problems caused by the very people wanting to raise taxs,,,

Nobody wants to raise taxes, what is wanted is a solution to a problem and sometimes it requires money to solve it.

Obama said he would raise taxes on the wealthy even if no more income was generated because it's "fair"

Sigh.

Obama said he would raise taxes on the wealthy even if no more income was generated because it's "fair"

Got a link? I think you are misrepresenting his position.

Oops. Here you go.

Now be a man and acknowledge that you asked for a link ... and got it ...

what link?

 

[sartre play]

Depending on your age when were your top earning years? The fed tax rate created in 1909 was 1% for all business who made over 5000 dollars! in 1969 we had our highest rate at 52%. Trump cut the rate in 2017 from 35% t0 21% the lowest rate since 1939. (pretty self serving for a billionaire) ( if your not in the top 10% ) please explain in what way this cut has helped you?