How D. Trump’s Taxes Would Have Been Used?

[Norman]

^^ About sums up the intelligence of the hard left regressives. No arguments, just baseless untrue insults.

 

[easyt65]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

 

[TooTall]

But he took advantage of tax laws and code and here you are whining.

Just curious....why isn't he releasing his returns like every other presidential candidate did during the last forty years?

He doesn't have to.

You can't possibly know that! CNN's analysis is a hypothetical, why, because unlike every other candidate for POTUS since Tricky Dick, D. Trump hasn't released his taxes to the public.

Obviously, D. Trump has something to hide or-----or he wouldn't be spending the time, energy and money hiding his. But-----but using H&R Block's Tax Calculator:

- D. Trump screwed our troops/protectors out of over $16 million dollars worth of body armor, and....

- D. Trump screwed our veterans out of over $4 million dollars of health care and other earned benefits. - Using the H&R Block's Tax Calculator D. Trump screwed our law enforcement officers out of $1.4

- D. Trump tax avoidance increased your national debt tab by at least $6 million dollars.

According to the CNN article D. Trump's taxes are probably higher than their analysis shows but you don't know that, only D. Trump and his army of accountants know that - put another way, D. Trump paid a ton of dough to an army of accounts to screw yours and my army of protectors, what kind of anti-American pissant does that?

And-----and consider D. Trump is just one billionaire being kinda sorta analyzed by CNN but when you add in every other con man, tax manipulator, tax cheats as well as our cash only underground economy...

Do you favor paying down our debt?-----Do you favor hiring thousands more tax investigators to keep our tax cheats honest?


.

Trump has been audited every year and it is only reasonable to think that the IRS would catch him if he was cheating. But then, since when is reason used by partisan hacks.

 

[Campbell]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

 

[SassyIrishLass]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

 

[Campbell]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

 

[Iceweasel]

Just think of all the goodness leftists can do with the people's money. Nobody can spend your money better than the leftist. In fact, it isn't really your money, your business, your life. They let you have enough slack to make you think so.

Oddly enough, leftists living large and using the tax code is no issue. They can live is massive compounds using enough energy to power small towns while lecturing us on global warming and freezing in our homes to save the planet.

They get away with it because the elites have been very successful in hypnotizing the masses into leftist groupthink. They own their minds and can make them believe anything they want, all they have to do is call their comrades in media.

 

[TooTall]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

As a middle class wage earner, I really enjoyed spending the extra income I got from the Bush tax cuts. There are actually some dumb asses that say only the 'wealthy' got Bush tax cuts. And they prove their ignorance by using the word wealthy when income is taxed, not wealth. Everyone that earned enough to pay taxes got a tax cut.

 

[easyt65]

Just think of all the goodness leftists can do with the people's money.

Nearly $1 TRILLION dollars....
- OVER 5,000 pieces of DNC-ONLY Pork
- Paid to study why an Argentinian homosexual's sex life was better than a straight American males
- Paid for expensive new windows for an abandoned Park Service Station
- Paid for a personal loan to MILLIONAIRE Senator Diane Feinstein's husband to bail his business out of bankruptcy
- Went to NON-'Shovel Ready Jobs', jobs Barry had to admit didn't exist.

In the end the cost per job Barry CLAIMED to have created / saved was over $700K

FAIL.

.
.
.
Out tax dollars have been taken and used to provide thousands of automatic weapons and grenades for the Mexican Drug Cartels who used our 'generous gift' to murder over 500 people, to include 4 Americans.

Our tax dollars have been taken and used to supply, arm, train, defend, and go to war with Al Qaeida as allies.

Our tax dollars have been used to supply, fund, arm, train, and protect ISIS....to help The Muslim Brotherhood take over Egypt as well as arming them.

Our tax dollars have gone to pay a ransom to Iran for hostages...and to a terrorist group for Bo Bergdahl.

Our taxes - $500 million - were stolen by the President under false pretenses and given to the UN to help fund their new Global Warming initiative.

$6 Billion of our tax dollars was 'lost' under Secretary of State Hillary Clinton due to incompetence and 'poor bookkeeping'.

Millions of our tax dollars were used so the Obama administration could illegally spy on Americans - citizens, reporters, and even members of Congress!

Millions of our tax dollars were used to fund the IRS's targeting of Americans, citizens Barak Obama called his 'political ENEMIES' in order to secure his re-election.

Millions of our tax dollars went for bonuses to incompetent, corrupt agency officials - such as the heads of the VA - for 'fudging numbers' and failure to do their jobs while American Veterans were denied healthcare and were left waiting to die.

Millions of our dollars spent on fraud, waste and abuse of our social programs....billions doled out to help the human trafficking and otherwise bringing in of Illegals and 'refugees', their care and feeding, the financial toll (and toll on murdered/killed Americans) every year.

Multiple agencies that do the same exact thing...

Yeah, take the REAL time to re-read this and let the amount of OUR money wasted - or used to TARGET the American people - by our government sink in....

It is NOT that we do NOT pay enough in taxes...the problem is the assholes who spend our money and what they spend OUR money on.

 

[Iceweasel]

Just think of all the goodness leftists can do with the people's money.

Nearly $1 TRILLION dollars....
- OVER 5,000 pieces of DNC-ONLY Pork
- Paid to study why an Argentinian homosexual's sex life was better than a straight American males
- Paid for expensive new windows for an abandoned Park Service Station
- Paid for a personal loan to MILLIONAIRE Senator Diane Feinstein's husband to bail his business out of bankruptcy
- Went to NON-'Shovel Ready Jobs', jobs Barry had to admit didn't exist.

In the end the cost per job Barry CLAIMED to have created / saved was over $700K

FAIL.

.
.
.
Out tax dollars have been taken and used to provide thousands of automatic weapons and grenades for the Mexican Drug Cartels who used our 'generous gift' to murder over 500 people, to include 4 Americans.

Our tax dollars have been taken and used to supply, arm, train, defend, and go to war with Al Qaeida as allies.

Our tax dollars have been used to supply, fund, arm, train, and protect ISIS....to help The Muslim Brotherhood take over Egypt as well as arming them.

Our tax dollars have gone to pay a ransom to Iran for hostages...and to a terrorist group for Bo Bergdahl.

Our taxes - $500 million - were stolen by the President under false pretenses and given to the UN to help fund their new Global Warming initiative.

$6 Billion of our tax dollars was 'lost' under Secretary of State Hillary Clinton due to incompetence and 'poor bookkeeping'.

Millions of our tax dollars were used so the Obama administration could illegally spy on Americans - citizens, reporters, and even members of Congress!

Millions of our tax dollars were used to fund the IRS's targeting of Americans, citizens Barak Obama called his 'political ENEMIES' in order to secure his re-election.

Millions of our tax dollars went for bonuses to incompetent, corrupt agency officials - such as the heads of the VA - for 'fudging numbers' and failure to do their jobs while American Veterans were denied healthcare and were left waiting to die.

Millions of our dollars spent on fraud, waste and abuse of our social programs....billions doled out to help the human trafficking and otherwise bringing in of Illegals and 'refugees', their care and feeding, the financial toll (and toll on murdered/killed Americans) every year.

Multiple agencies that do the same exact thing...

Yeah, take the REAL time to re-read this and let the amount of OUR money wasted - or used to TARGET the American people - by our government sink in....

It is NOT that we do NOT pay enough in taxes...the problem is the assholes who spend our money and what they spend OUR money on.

I was being sarcastic. Good post anyway.

 

[easyt65]

I was being sarcastic. Good post anyway.

I know you were...I just could not help but add the rest anyway.

 

[bripat9643]

.




How D. Trump’s Taxes Would Have Been Used?
CNN's calculation is just a guesstimate at this point because unlike every presidential candidate since Tricky Dick, D. Trump is to embarrassed to make his taxes public.

Donald Trump's tax calculator
Eli Watkins and Joyce Tseng, CNN
September 29, 2016

​

Washington (CNN)
Here's a hypothetical look at where Donald Trump's taxes would have gone, assuming he paid them.

Hillary Clinton insinuated at the first presidential debate that Trump has not paid his share in taxes.

"Maybe he doesn't want the American people, all of you watching tonight, to know that he's paid nothing in federal taxes," Clinton said.

Trump jumped in briefly, saying, "That makes me smart."

The questions about his contribution to the federal coffers have emerged because he has steadfastly refused to release his tax returns. He has claimed he cannot provide them while under audit, an excuse that has tax lawyers scratching their heads. He did say he would release the returns if Clinton were to provide tens of thousands of emails deleted from her private system during her tenure as secretary of state.

<snip>

The Wall Street Journal estimated his pretax income over 19 months in 2014 and 2015 would have been $160 million, so for speculative purposes, let's use that total and assume it's all "passive income," like an owner would collect vis-à-vis rents.

Using H&R Block's tax calculator, someone with a $160 million income could owe $69,370,931 in federal taxes.

<snip>

Where would all this hypothetical tax money go if and when the government collected it?

<snip>

$19.1 million to healthcare
$16.6 million to defense
$12.6 million to "job and family security" (e.g. federal and military retirement programs, food assistance like SNAP, Temporary Assistance to Needy Families, or TANF)
$6.3 million paying down interest on the national debt
$4.1 million for veterans benefits
$3.6 million education
$1.4 million for immigration and law enforcement
$1.3 million for foreign aid and other international affairs
$1.1 million for energy and environmental considerations
$783,891 for NASA and other scientific endeavors
$672,898 for agriculture
$2.9 million for everything else, including disaster relief, community development and the milieu of other government programs

<snip>

The national debt is currently on course to reach $20 trillion.


D. Trump is just one billionaire that's hogging the money that could be used for the programs on the above list. So just where does the money come from to pay for our schools, veterans, national defense, etc? Unless you have a creative accountant like D. Trump's, you are, you and the lenders - you know, the Chinese, Japan and other foreign countries including Saudi Arabia and...


.

The trouble with your char is that Trump has paid all the taxes he legally owes. You're inventing taxes for him to pay. Your naked covetousness is not a pretty sight to behold.

 

[Campbell]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

As a middle class wage earner, I really enjoyed spending the extra income I got from the Bush tax cuts. There are actually some dumb asses that say only the 'wealthy' got Bush tax cuts. And they prove their ignorance by using the word wealthy when income is taxed, not wealth. Everyone that earned enough to pay taxes got a tax cut.

Extra income? I remember a political ad which was printed in newspapers back then......The wealthy cleared enough from their Reagan tax cuts to buy a new Mercedes each year and ordinary wage earners cleared enough from theirs to buy a muffler for one. My wife and I each made about $125-$150 extra a year from our tax cuts.

 

[TooTall]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

As a middle class wage earner, I really enjoyed spending the extra income I got from the Bush tax cuts. There are actually some dumb asses that say only the 'wealthy' got Bush tax cuts. And they prove their ignorance by using the word wealthy when income is taxed, not wealth. Everyone that earned enough to pay taxes got a tax cut.

Extra income? I remember a political ad which was printed in newspapers back then......The wealthy cleared enough from their Reagan tax cuts to buy a new Mercedes each year and ordinary wage earners cleared enough from theirs to buy a muffler for one. My wife and I each made about $125-$150 extra a year from our tax cuts.

Keep on whining if it makes you feel better.

 

[Campbell]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

As a middle class wage earner, I really enjoyed spending the extra income I got from the Bush tax cuts. There are actually some dumb asses that say only the 'wealthy' got Bush tax cuts. And they prove their ignorance by using the word wealthy when income is taxed, not wealth. Everyone that earned enough to pay taxes got a tax cut.

Like I said.....the wealthy got enough to buy a new Mercedes each year and the average taxpayer got enough to buy a muffler for it!

 

[TooTall]

Some of his taxes could have been used to pay down some of the nearly $7 trillion in added Obama Debt...to pay back some of the $6 billion that was 'lost' by Secretary of State Hillary Clinton....could have been taken by Barry in the name of Zika virus only to be given to the UN instead for their new global warming program...

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

As a middle class wage earner, I really enjoyed spending the extra income I got from the Bush tax cuts. There are actually some dumb asses that say only the 'wealthy' got Bush tax cuts. And they prove their ignorance by using the word wealthy when income is taxed, not wealth. Everyone that earned enough to pay taxes got a tax cut.

Like I said.....the wealthy got enough to buy a new Mercedes each year and the average taxpayer got enough to buy a muffler for it!

Funny how the progressive tax code works. The more you make, the more you pay.

 

[Campbell]

There wouldn't even be a debt if George W. Bush hadn't immediately cut taxes for his oil buddies in 2001 and 2003. Bill Clinton handed him a surplus and a set path to a paid off national debt and the rich, dumb son-of-a-bitch cut tax rates for the rich instead.

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

As a middle class wage earner, I really enjoyed spending the extra income I got from the Bush tax cuts. There are actually some dumb asses that say only the 'wealthy' got Bush tax cuts. And they prove their ignorance by using the word wealthy when income is taxed, not wealth. Everyone that earned enough to pay taxes got a tax cut.

Like I said.....the wealthy got enough to buy a new Mercedes each year and the average taxpayer got enough to buy a muffler for it!

Funny how the progressive tax code works. The more you make, the more you pay.

No Shit Sherlock! The point is that the Republicans cut taxes, never cut their spending a goddam dime and borrow the money they need from foreign banks. It started with Reagan and continued when Bush cut rates in 2001 and 2003. I might point out that Reagan quadrupled the national debt then Bush doubled it. Obama inherited a financial mess and in fact has spent less than any of them:

 

[LordBrownTrout]

.




How D. Trump’s Taxes Would Have Been Used?
CNN's calculation is just a guesstimate at this point because unlike every presidential candidate since Tricky Dick, D. Trump is to embarrassed to make his taxes public.

Donald Trump's tax calculator
Eli Watkins and Joyce Tseng, CNN
September 29, 2016

​

Washington (CNN)
Here's a hypothetical look at where Donald Trump's taxes would have gone, assuming he paid them.

Hillary Clinton insinuated at the first presidential debate that Trump has not paid his share in taxes.

"Maybe he doesn't want the American people, all of you watching tonight, to know that he's paid nothing in federal taxes," Clinton said.

Trump jumped in briefly, saying, "That makes me smart."

The questions about his contribution to the federal coffers have emerged because he has steadfastly refused to release his tax returns. He has claimed he cannot provide them while under audit, an excuse that has tax lawyers scratching their heads. He did say he would release the returns if Clinton were to provide tens of thousands of emails deleted from her private system during her tenure as secretary of state.

<snip>

The Wall Street Journal estimated his pretax income over 19 months in 2014 and 2015 would have been $160 million, so for speculative purposes, let's use that total and assume it's all "passive income," like an owner would collect vis-à-vis rents.

Using H&R Block's tax calculator, someone with a $160 million income could owe $69,370,931 in federal taxes.

<snip>

Where would all this hypothetical tax money go if and when the government collected it?

<snip>

$19.1 million to healthcare
$16.6 million to defense
$12.6 million to "job and family security" (e.g. federal and military retirement programs, food assistance like SNAP, Temporary Assistance to Needy Families, or TANF)
$6.3 million paying down interest on the national debt
$4.1 million for veterans benefits
$3.6 million education
$1.4 million for immigration and law enforcement
$1.3 million for foreign aid and other international affairs
$1.1 million for energy and environmental considerations
$783,891 for NASA and other scientific endeavors
$672,898 for agriculture
$2.9 million for everything else, including disaster relief, community development and the milieu of other government programs

<snip>

The national debt is currently on course to reach $20 trillion.


D. Trump is just one billionaire that's hogging the money that could be used for the programs on the above list. So just where does the money come from to pay for our schools, veterans, national defense, etc? Unless you have a creative accountant like D. Trump's, you are, you and the lenders - you know, the Chinese, Japan and other foreign countries including Saudi Arabia and...


.

Quite obvious that you're ignorant of tax law pertaining to business. Ive taken losses and spread them out. Nothing illegal about it and screw the govt anyway for taking our money for worthless social programs and never ending wars.

 

[LordBrownTrout]

ROFLLMAO @ Clinton surplus...omg that is so yesterday and has been debunked so many times

Economic policy of Bill Clinton - Wikipedia, the free encyclopedia

"President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.[2]"

[Congressional Bills 106th Congress]
[From the U.S. Government Printing Office]
[H. Res. 490 Introduced in House (IH)]


106th CONGRESS
2d Session
H. RES. 490

To ensure that the fiscal year 2000 on-budget surplus is used to reduce
publicly-held debt and provide tax relief to American taxpayers.

Didn't last long though....along came George W. Bush and gave two tax cuts to his wealthy oil buds, 2001 and 2003. That's why I left the Republican party. They became the party of nothing but tax cuts for the wealthy, running up the national debt and an occasional war.

As a middle class wage earner, I really enjoyed spending the extra income I got from the Bush tax cuts. There are actually some dumb asses that say only the 'wealthy' got Bush tax cuts. And they prove their ignorance by using the word wealthy when income is taxed, not wealth. Everyone that earned enough to pay taxes got a tax cut.

Like I said.....the wealthy got enough to buy a new Mercedes each year and the average taxpayer got enough to buy a muffler for it!

Funny how the progressive tax code works. The more you make, the more you pay.

No Shit Sherlock! The point is that the Republicans cut taxes, never cut their spending a goddam dime and borrow the money they need from foreign banks. It started with Reagan and continued when Bush cut rates in 2001 and 2003. I might point out that Reagan quadrupled the national debt then Bush doubled it. Obama inherited a financial mess and in fact has spent less than any of them:

Wrong. O has increased the debt more than all presidents combined.

 

[whitehall]

The thing of it is that nobody including Wiki ever heard of (CNN's) Ed Watkins or Joyce Tseng.