Does Donald Trump pay any income taxes at all? we'll find out!
James Stewart wrote about Trump’s taxes, and compared him with Mitt Romney, who was criticized in 2012 for paying just $4.9 million in federal income tax. “No one should be surprised, though, if Donald J. Trump has paid far less—perhaps even zero federal income tax in some years,” Stewart wrote. “Indeed, that’s the expectation of numerous real estate and tax professionals I’ve interviewed in recent weeks.” These experts explained to Stewart that the federal tax code is so generous to real-estate developers—so stuffed with deductions, credits, and loopholes they can exploit—that it may well have allowed Trump to bring his taxable income down to nothing, or next to nothing. Which might help explain why he is so reluctant to release his tax returns.
We know for sure that Trump does everything he can to avoid sending money to the I.R.S. In May,
he told ABC News’s George Stephanopoulos, “I fight very hard to pay as little tax as possible.”
I don't believe that Trump has paid any federal taxes for 18 years or more. That was a hot button topic several months ago. Remember the campaign was changed to "how SMART he was" for not paying any taxes.
Bootlickin’ Rudy Giuliani Believes Donald Trump Is An “Absolute Genius” For Scamming His Way Out Of Taxes For 20 Years [Video]
And you're right Romney was crucified for only paying 5 million in taxes in one year.
How'd your prediction of him not paying "any federal taxes" turn out?
Thank you Rachel Madcow for demonstrating to the country just how ******* idiotic the left is.
We don't know and don't care. This is a 2005 1040 form only. It's 12 years old and it means NADA. I don't give a rats ass what he made or how much he paid in taxes. That's not the
POINT of Presidential Candidates releasing their returns over the last 40 years.
"Never in American history has a president-elect presented more conflict of interest questions and foreign entanglements than Donald Trump. Given the vast and global scope of Trump’s business interests, many of which remain shrouded in secrecy, we cannot predict the full gamut of legal and constitutional challenges that lie ahead. But one violation, of constitutional magnitude, will run from the instant that Mr. Trump swears he will “faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.” While holding office, Mr. Trump will receive—by virtue of his continued interest in the Trump Organization and his stake in hundreds of other entities—a steady stream of monetary and other benefits from
foreign powers and their agents."
The Emoluments Clause: Its text, meaning, and application to Donald J. Trump | Brookings Institution
Article I, Section 9 of the Constitution provides as follows: “No Title of Nobility shall be granted by the United States: And no Person holding any Office of Profit or Trust under them, shall, without the Consent of the Congress, accept of any present, Emolument, Office, or Title, of any kind whatever, from any King, Prince, or foreign State.”
This is why for the last 40 years all Presidential CANDIDATES turned over their income tax returns (without argument.) Trump is the ONLY President in the last 40 years that refused to turn over his.
In fact, Hillary Clinton told you this during one of the debates. The importance of releasing income tax returns was not how much they made, or how much they paid in taxes, it was to see if there were any foreign conflicts of interest.
This is an impeachable offense. Again, if Republicans won't do it, be assured Democrats will in 2018.
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Speaking of Turkey, General Flynn just disclosed he's a paid lobbyist for them.
Questions abound over Flynn lobbying for Turkey
It just never stops does it?
Analysis | 5 times Donald Trump’s team denied contact with Russia