ClosedCaption
Diamond Member
- Sep 15, 2010
- 53,233
- 6,721
- 1,830
One question: Why would he?
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
So he sounds normal? Just because you want something fixed, doesn't mean you aren't going to take advantage of it.
I want the tax code simplified. But am I going to turn down credits or deductions? Absolutely not.
Bernie wanted to tax the rich to death, and he got out of thousands in taxes because fo deductions. Does that make him a hypocrite? No.
Does it make you a partisan shithead? Yes.
One question: Why would he?
One question: Why would he?
I bet that two faced hypocrite wont close the loopholes he takes though will he?Rump was in fact part of the petition to create that loophole for real estate in 1986 which he then milked with the whole Atlantic Shitty disaster. Bernie Sanders says he'll introduce legislation to close that motherfucker.
Basically. 95% of us do it. Good for you being such a raritySo he sounds normal? Just because you want something fixed, doesn't mean you aren't going to take advantage of it.
I want the tax code simplified. But am I going to turn down credits or deductions? Absolutely not.
Bernie wanted to tax the rich to death, and he got out of thousands in taxes because fo deductions. Does that make him a hypocrite? No.
Does it make you a partisan shithead? Yes.
In other words, betray your principles to capitalize on easy greed.
I turned down government assistance when I desperately needed it to back up my moral principles (among other things). I did so that I may uphold others to the same moral standard.
Basically. 95% of us do it. Good for you being such a rarity
Im pretty sure just voting in itself amazes you. Like law and order and other civilized thingsBasically. 95% of us do it. Good for you being such a rarity
It amazes me that someone would want to elect their master from the 95%
Rump was in fact part of the petition to create that loophole for real estate in the '90s which he then milked with the whole Atlantic Shitty disaster. Bernie Sanders says he'll introduce legislation to close that motherfucker.
Im pretty sure just voting in itself amazes you. Like law and order and other civilized things
americans need to stop looking for the 1%ers to come down from on high and solve their problems for them.
One question: Why would he?
Straw man argument. That is all you have.
You don't know that he did t pay taxes for years, and you assume incorrectly that the changes he might make cannot help his business and peopke at the same time.
Another in a long unbroken streak of fail threads by you. At least you are consistent.
I bet that two faced hypocrite wont close the loopholes he takes though will he?Rump was in fact part of the petition to create that loophole for real estate in 1986 which he then milked with the whole Atlantic Shitty disaster. Bernie Sanders says he'll introduce legislation to close that motherfucker.
I don't find it funny he doesn't pay taxes. I find it funny people bitch about him abiding by law.Rump was in fact part of the petition to create that loophole for real estate in the '90s which he then milked with the whole Atlantic Shitty disaster. Bernie Sanders says he'll introduce legislation to close that motherfucker.
You find this "funny" TNH?
>> Over the weekend, the New York Times published pieces of Republican presidential nominee Donald Trump’s 1995 state tax returns, which showed that Trump reported a $916 million loss.
Thanks to the efforts of the real estate industry in the 1990s, including Trump himself, a provision of the tax code allows those who own real estate investments to count such losses from pass-through businesses against any other income they make, thus potentially canceling it out and allowing them to avoid paying federal income tax on it. (Because Trump has refused to release his tax returns, it’s impossible to say for sure how he treated that loss on his federal income tax returns.)
Now Sen. Bernie Sanders (I-VT) is vowing to crack down on the very provision that Trump may have exploited.
Earlier this week, Sanders promised to introduce legislation in the next session of Congress that would change a number of things in the tax code, including the exemption that the real estate industry carved out for itself from rules regarding passive losses.
Before Congress passed reform legislation in 1986, wealthy Americans in any industry could invest money in real estate partnerships and write off the losses on their personal tax returns to lower their tax obligations. Congress then cracked down on the practice and strictly limited the deductions such passive investors could use — but in the early 1990s, the real estate industry convinced lawmakers to allow it for “real estate professionals.”
That allows those in the real estate business to write off losses from basically any businesses they’re involved in to reduce income they may earn from other sources. Trump could have in theory used his $916 million loss to avoid paying any income taxes for 18 years.
.....
Donald Trump has responded to the New York Times story by saying that it shows he knows the tax code and is therefore best suited to fix it. But he hasn’t put forward any proposals to address the parts of the code that he may have exploited. In fact, it’s possible that his tax package would give those who own real estate and other pass through businesses even bigger breaks.
Trump himself was one of the people who appeared before Congress in the 1990s to urge them to give the real estate industry a break. << --- Rump Says He'll Fix Tax Code But he Lobbied for the Loophole in the 1990s
It's like saying -- "Hm, I need somebody to guard the hen house at night --- I know! I'll hire the fox. Who knows hen house security better?"