Trump''s explanation for refusing to release his tax returns as every Presidential candidate has done for the last 40 years is that he's being audited. This explanation, of course, has no merit as there is no reason why someone being audited can't release their returns as even Richard Nixon did.
So Donald Trump is less transparent than Richard Nixon. Nixon had declared that "I am not a crook' and released the returns to show this. But upon release, it turned out that he owed the IRS $5000,000 in back taxes.
Fittingly, Donald Trump man, Roger Stone, was also a Richard Nixon man. But if anything, Trump probably owes a lot more in back taxes than Nixon's $500,000.
Is it plausible that the IRS audits his tax return every year? Yes, considering that he has been the subject of 100 lawsuits and related tax disputes. Again, this doesn't even touch on those lawsuits he's had regarding sex harassment or fraud like Trump University.
"While Donald J. Trump refuses to release his federal tax returns, saying his tax rate is “none of your business,” a USA TODAY analysis found Trump’s businesses have been involved in at least 100 lawsuits and other disputes related to unpaid taxes or how much tax his businesses owe."
"Trump’s companies have been engaged in battles over taxes almost every year from the late 1980s until as recently as March, the analysis of court cases, property records, and other documents across the country shows. At least five Trump companies were issued warrants totaling more than $13,000 for late or unpaid taxes in New York state just since Trump declared his candidacy in June 2015, according to state records. This spring, as Trump flew to campaign rallies around the country aboard his trademark private jet, the state of New York filed a tax warrant to try to collect $8,578 in unpaid taxes from the Trump-owned company that owns the Boeing 757. The company has since paid that tax bill."
"As recently as last week, Trump said he was “willing to pay more” taxes personally and that “taxes for the rich will go up somewhat” if he becomes president. But the lawsuits and other tax-related disputes show a different reality for his businesses. They illustrate a pattern of systematically disputing tax bills, arguing for lower property assessments, and in some cases not paying taxes until the government takes additional action. At least three dozen times, Trump companies’ unpaid tax bills have forced the New York State Department of Taxation and Finance to go to local courts to get liens against his properties to try to collect overdue bills. New Jersey also had to go to court for a lien to collect a Trump company’s unpaid tax bill. Eventually, those disputes were resolved, and his companies paid some amount of taxes."
http://www.usatoday.com/story/news/2016/05/19/trumps-tax-troubles/84543538/
Not just a serial philanderer but a serial tax cheat.
While Trump says his tax rate is none of our business, he does think that Chris Christie's taxes are his business.
http://talkingpointsmemo.com/livewire/trump-vp-candidates-must-submit-taxes
So Donald Trump is less transparent than Richard Nixon. Nixon had declared that "I am not a crook' and released the returns to show this. But upon release, it turned out that he owed the IRS $5000,000 in back taxes.
Fittingly, Donald Trump man, Roger Stone, was also a Richard Nixon man. But if anything, Trump probably owes a lot more in back taxes than Nixon's $500,000.
Is it plausible that the IRS audits his tax return every year? Yes, considering that he has been the subject of 100 lawsuits and related tax disputes. Again, this doesn't even touch on those lawsuits he's had regarding sex harassment or fraud like Trump University.
"While Donald J. Trump refuses to release his federal tax returns, saying his tax rate is “none of your business,” a USA TODAY analysis found Trump’s businesses have been involved in at least 100 lawsuits and other disputes related to unpaid taxes or how much tax his businesses owe."
"Trump’s companies have been engaged in battles over taxes almost every year from the late 1980s until as recently as March, the analysis of court cases, property records, and other documents across the country shows. At least five Trump companies were issued warrants totaling more than $13,000 for late or unpaid taxes in New York state just since Trump declared his candidacy in June 2015, according to state records. This spring, as Trump flew to campaign rallies around the country aboard his trademark private jet, the state of New York filed a tax warrant to try to collect $8,578 in unpaid taxes from the Trump-owned company that owns the Boeing 757. The company has since paid that tax bill."
"As recently as last week, Trump said he was “willing to pay more” taxes personally and that “taxes for the rich will go up somewhat” if he becomes president. But the lawsuits and other tax-related disputes show a different reality for his businesses. They illustrate a pattern of systematically disputing tax bills, arguing for lower property assessments, and in some cases not paying taxes until the government takes additional action. At least three dozen times, Trump companies’ unpaid tax bills have forced the New York State Department of Taxation and Finance to go to local courts to get liens against his properties to try to collect overdue bills. New Jersey also had to go to court for a lien to collect a Trump company’s unpaid tax bill. Eventually, those disputes were resolved, and his companies paid some amount of taxes."
http://www.usatoday.com/story/news/2016/05/19/trumps-tax-troubles/84543538/
Not just a serial philanderer but a serial tax cheat.
While Trump says his tax rate is none of our business, he does think that Chris Christie's taxes are his business.
http://talkingpointsmemo.com/livewire/trump-vp-candidates-must-submit-taxes
O/T: Mike, while reading a right-wing website, have you ever noticed that sometimes the purity police have arranged to have those little conservative purity ratings next to each name mentioned in the article? For example, the article might look something like this:
ReplyDelete"Senator X [CR 67%] told congressman Y [CR 78%] blah blah blah..."
The "CR" standing for "Conservative Review" and the number being the politician's "liberty rating" in percent. That particular one is associated with Mark Levin I think. Also, I think there's more than one group providing these ratings, and I'm pretty sure the inclusion of these ratings is automated: some algorithm must have a list of all rated politicians and automatically inserts that ranking (which also serves as a link to the ranking organizations website) every time a politician's name is mentioned. It makes the articles look ridiculous in my view, because it literally appears every single time any politician's name is mentioned. It's like they're afraid you'll forget the purity rating if they don't continuously clobber you over the head with it.
Jennifer Rubin, to her credit, has been a frequent critic of these groups which [self] serve as purity police. She has a nice post up today saying the credibility of these purity police groups (with their endorsement of Trump) has now been obliterated, and perhaps that's a good thing. I agree with her there, however, it got me thinking: Do the Branch Trumpidians who run some of these sites using these automated purity scores turn it off when mentioning Trump? What is Trump's CR rating? What's his purity percentage? It can't be above the high teens, can it? Lol. Off hand I can't recall examples of websites using these purity scores. Can you? I'd love to see Trump's score... especially coming up every single time the string "Trump" appears in any article about him or anyone or anything else.