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White House: Trump paid $38 million in income tax in 2005

Fletch said:
Hopefully someone will hack into your private records and release them for all to see. Since you advocate that sort of treatment for others, lets hope it happens to you sometime. Trump isn't the only 'slimy, pathetic' person that deserves this sort of treatment.
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:roll:

I said every POTUS candidate, not every person...DUH.

Try reading before you type and you will not sound so ignorant next time.

I will give you one of my tax return totals for free. In 1995, I paid over $440,000 in taxes. Most I ever paid in a single year. Happy?

I was...that was a fantastic, financial year for me.

Of course, I have had capital loss years as well. Such is the life of an investor.


Bu bye now.
 
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Hatuey said:
I'd like to see how much he's growing his wealth by. I'd also like to see the kinds of benefits that rich people actually apply to their wealth. I'd like to see just what kind of benefits a guy who can hire a team of accountants and lawyers can get.

You know, for reference.
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Most of the growth of his wealth will not be exposed on tax returns. As that would be unrealized gains on his real estate holdings. Just like you could not tell from Warren Buffet's returns that he is worth 10s of billions. His wealth is mainly in Berkshire shares that he has never sold, thus no tax.

Regarding Trump's deductions I would guess he pays his accountants a ton to make sure he pays the least amount possible. He also knows that because of his wealth he probably gets audited every year, so there is a limit to how far they could push things.
 
Hatuey said:
The left didn't elect the only president in US history who has accused a former president of wiretapping them. You can't go back to sanity when you go stupid like that.
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The left in its entirety, the media and their fake news political propaganda, the dems, the idiot rioters in the streets, have all sworn to destroy a legitimately democratically elected president and his administration using their famous 'by any means necessary' mentality, and this started on November 9th.

The left accuses everyone that has the temerity to disagree with them of putting party and ideology above nation, but if you look, that's exactly what the left has done 1000 fold.

The left has become unglued, and with their actions pose a real and present danger to the nation.
 
washunut said:
Most of the growth of his wealth will not be exposed on tax returns. As that would be unrealized gains on his real estate holdings. Just like you could not tell from Warren Buffet's returns that he is worth 10s of billions. His wealth is mainly in Berkshire shares that he has never sold, thus no tax.

Regarding Trump's deductions I would guess he pays his accountants a ton to make sure he pays the least amount possible. He also knows that because of his wealth he probably gets audited every year, so there is a limit to how far they could push things.
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I'd love to see it all. If somebody hacked the IRS to get that done, well so be it. That was the idea when Hillary was around. Hers is done, okay, let's make it the law of the land. Hack all of our politicians. Obama, the Bushs, Trump.

Bring it all on. Let's expose how deep the hole goes.

:)
 
DA60 said:
Whatever....believe whatever you wish...you will anyway. Guess how much I care?



Wow...you don't know much about tax returns or investing - do you? Don't bother answering - your above statement just proved you don't.

A) you have NO IDEA what he owns. Just because he says he owns something - does not mean he does or does it show how much of it is leveraged. Owning a million dollar home means nothing if you owe $1.2 million on it.
It shows how incredibly naive/gullible you are that you just believe him because he says so. Owning real estate means NOTHING unless you know how much is leveraged. I have owned over 16 houses (almost all less than 8 years old - some paid off and some leveraged to the hilt)...I know. I owned 5 properties at once a while back. WHen I told people, they were really impressed. And on the surface - they were all good properties in good areas - it sounded like they should have been. But I had some of them leveraged to the max.
You can tell NOTHING about someone's wealth by just knowing how many properties (and even which properties) they say they own.
Almost everyone who has owned a home should know that.

B) go and ask a respected accountant - who has dealt with wealthy people - if reading ones tax returns over thee previous ten years can or cannot give you a general idea about this person's net worth. Especially one who is as active with his investments (and losses/bankruptcies) as Trump is.

I cannot prove that his returns will show his rough net worth (or at least if he is worth $10 billion or not).

But for you to infer they cannot proves you have no idea what you are talking about on this.

Do yourself a favor - stick to what you know. Cause tax returns and real estate ain't it.

We are done here...bu bye.
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Yes we are done because I truly dislike folks who attack others through a computer for who knows what reason. I do believe you are a partisan, and I doubt you are as well versed in business as you say.
 
DA60 said:
Not to me...it's fantastic stuff. It's a triumph of the public/press vs. the political/financial elite.

Trump was full of **** when he said he could not release his tax returns...and tonight it was proven (though anyone who knows AMerican tax laws knew he was full of it when he said that).

As far as I am concerned, EVERY candidate should be forced by law to release their IRS tax returns from at least 10 years prior to the election date.

Trump refused and the press forced him to.

I just hope a) whomever did this does not get into trouble; and b) I hope they can find and release ALL of his tax returns...even if they prove he did nothing wrong.


Anyway, I doubt Trump did something illegal with his taxes. But he is obviously trying to hide something..so I assume he is not worth remotely what he says he is. And if enough returns of his are made public, we will be able to determine roughly what he is worth.


Once again, I have ZERO loyalty to any political party or movement.

But I do hate slimy, pathetic POTUS's...and Trump is clearly one of those.
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He never said he couldn't release them. What he said was his attornies advised him NOT to release them. Get it right or go home.
 
eohrnberger said:
The left in its entirety, the media and their fake news political propaganda, the dems, the idiot rioters in the streets, have all sworn to destroy a legitimately democratically elected president and his administration using their famous 'by any means necessary' mentality, and this started on November 9th.
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I wasn't called to the oath swearing meeting. I am a little hurt that I don't get invited to these things.

The left accuses everyone that has the temerity to disagree with them of putting party and ideology above nation, but if you look, that's exactly what the left has done 1000 fold.
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Yes, yes, you are describing what you observe. It's pretty subjective. Do you know what isn't subjective? Trump is the only president to accuse another of something criminal.

The left has become unglued, and with their actions pose a real and present danger to the nation.
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There you go again with those subjective thoughts and avoidance of what is a reality. Trump shook Obama's hand, then accused him of listening in to his late night phone **** calls with Melania.... I'm just assuming that's what they heard if Trump is somewhat normal and loves his wife enough not to go ***** grabbing.
 
David Cay Johnston says he received it anonymously in the mail. Since the WH has "verified" it, after months of stonewalling all requests for his tax returns since he's constantly under audit, it might be good to examine the information with a healthy dose of skepticism.

The editor and founder of dcreport.org, which crashed Tuesday night during the 9 p.m. hour, said he received Donald Trump’s tax returns from 2005 in the mail a few days ago.
Johnston speculated that Trump might have been the person who mailed the figures to him.
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Read more: David Cay Johnston Received Trump's Tax Returns | The Daily Caller
 
DA60 said:
You just despise Liberals and you cannot fathom the idea that anyone but a liberal would say something that you feel is so wrong. Your emotions are painfully obvious. The fact you even mention it proves it...why would you if you did not care about it?

Well guess what pal...I ain't liberal (or con) and I am 100% for what happened tonight. Friggin' love it.

But for others who have an open mind...

...I have never voted Dem or Rep and I never will (I assume). Why? Because I look at loyal Dems and Reps and think how INCREDIBLY gullible you have to be to be loyal to such pathetic parties.


But anyways...

The minute Trump committed libel against an (apparently) law abiding American two Saturday's ago - doesn't matter who...he became scum in my eyes.

Trump is a political loser of the first magnitude and I WELCOME ANYTHING non violent - legal or otherwise - that is done to bring him down. ANYTHING.

Why?

Because I love America and I think he is destroying it. Just as I think partisan politics is slowly destroying America.

The Founding Fathers had to break the law to make America free. ANd if that has to be done again now...I support it 100%.


Now go back to your Trumpbot ignorance.

Your mind is clearly closed to the nightmare Trump is sending America into. GWB and Obama were lousy. Even terrible sometimes. But Trump is a whole new level of incompetence and political horror.
Libel, xenophobia, extreme stupidity (at times), protectionism (which will destroy the economy), deception, corruption, environmental destruction and possibly even collusion with foreign powers for personal, political gain. And on and on...
He is a political cancer to almost all that is good about America in my eyes.

We are done as I try not to waste my time on closed minded people.


Oh...and this one is for you...

Once again, I have ZERO loyalty to any political party or movement.
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A meaningless ZERO rant
 
MaggieD said:
He never said he couldn't release them.
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Donald Trump: I can't release my tax return because of audits - POLITICO

"As far as my return, I want to file it except for many years, I've been audited every year. Twelve years or something like that. Every year they audit me, audit me, audit me. I have friends that are very wealthy people" who never get audited, he said.

"I will absolutely give my return but I'm being audited now for two or three [years' worth] now so I can't," he continued.
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Maggie this is a direct quote from Donald Trump. This is something you can watch in the debate.

[video]http://www.politico.com/blogs/2016-gop-primary-live-updates-and-results/2016/02/donald-trump-i-cant-release-my-tax-return-because-of-audits-219830[/video]

Please, please don't believe what you just said.
 
He earned a return of only 1.5% on his declared assets. That's poor when savings could have brought in nearly 5% then.
 
DA60 said:
Wow...you don't know much about tax returns or investing - do you? Don't bother answering - your above statement just proved you don't.
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And by having Trumps tax return you can determine his net worth. How????
 
j-mac said:
This is getting out of control....We now have supposed journalists soliciting people within the government to commit felonies to expose private information.

Regardless of how you feel about what you should be privy to concerning a public official like the President, this is scary stuff....
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Uhhhhh.... That's not what happened.

Someone anonymously tipped off a journalist, and sent him 2 pages of a tax return. It's marked "CLIENT COPY," which means it didn't come from the IRS. It came either from his tax attorney's office, or his own.

I'm not worried about leaks, they've been going on for decades. What is more concerning is that Trump refused to release his tax returns, the first candidate/President to do so since before Nixon.

Meanwhile, the forms do case some doubt on his claims to be a billionaire, though it's hard to tell from just one year's return. I gotta say, I'd expect a true billionaire to make more than $150m in pre-tax income in a given year...
 
Manc Skipper said:
He earned a return of only 1.5% on his declared assets. That's poor when savings could have brought in nearly 5% then.
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... I'm not going to judge him on that. Buffett owns considerably more than Trump, several billions more, and he declare an income of ~11m and something like ~5m in deductions. If Trump made anywhere near that ~150m I think it would mean that he's got something really good going on with his investment game. No?
 
Hatuey said:
I wasn't called to the oath swearing meeting. I am a little hurt that I don't get invited to these things.



Yes, yes, you are describing what you observe. It's pretty subjective. Do you know what isn't subjective? Trump is the only president to accuse another of something criminal.



There you go again with those subjective thoughts and avoidance of what is a reality. Trump shook Obama's hand, then accused him of listening in to his late night phone **** calls with Melania.... I'm just assuming that's what they heard if Trump is somewhat normal and loves his wife enough not to go ***** grabbing.
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Funny.
I'm talking about an ongoing assault on a legitimately democratically elected president and his administration and what it's doing to the counrty, and you talk about ***** grabbing. :roll:
And then wonder why you aren't taken seriously.
 
eohrnberger said:
Funny.
I'm talking about an ongoing assault on a legitimately democratically elected president and his administration and what it's doing to the counrty, and you talk about ***** grabbing. :roll:
And then wonder why you aren't taken seriously.
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Again, this is all subjective. It's just your perception of what is going on. Meanwhile, in the legal world, where things matter, one president accused another of wiretapping him and hasn't provided evidence.

I cannot stress to you just how much more important it is to address what is going on in the legal world, way before we address how you perceive the world to be.

You're welcome to join the rest of in the place where moaning about how mean everyone is to the president needs to be resolved after a president accusing a former president of you know... nefarious activity.

:2wave:
 
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Visbek said:
Uhhhhh.... That's not what happened.

Someone anonymously tipped off a journalist, and sent him 2 pages of a tax return. It's marked "CLIENT COPY," which means it didn't come from the IRS. It came either from his tax attorney's office, or his own.

I'm not worried about leaks, they've been going on for decades. What is more concerning is that Trump refused to release his tax returns, the first candidate/President to do so since before Nixon.

Meanwhile, the forms do case some doubt on his claims to be a billionaire, though it's hard to tell from just one year's return. I gotta say, I'd expect a true billionaire to make more than $150m in pre-tax income in a given year...
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There is something up with this. Leakers leak to blow a whistle. If someone was going to grab Trump's returns, why only the first two pages? The real news would be in all the supporting forms.

Also, after Trump has refused over and again to release his returns, why would the White House pre-emptively confirm the amount of taxes paid?

The story here is not this tax form but who sent it to the journalist.
 
eohrnberger said:
First even the possibility that the nations intelligence services surveilled and wiretapped a presidential candidate of the opposing party.
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Or, not, since there is no proof that actually happened.


Then journalists soliciting people within the government to commit felonies to expose private information.
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Yeah, that didn't happen either.


Multiple alleged news broadcasting corporations and their journalists continuously hammering their agenda and ideology fake news political propaganda on the air waves day after day after day.
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Yes, it sucks that Fox News is still on the air, but that's their right.


I do not like where these liberal / progressive extremists are doing to the country nor where they are taking the country.
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H'm. Did you also protest Wikileaks releasing private data hacked from Clinton campaign servers? Or the DNC hacks? Or are leaks OK, when they hurt your political opponents?
 
Hatuey said:
Again, this is all subjective. It's just your perception of what is going on. Meanwhile, in the legal world, where things matter, one president accused another of wiretapping him and hasn't provided evidence.

I cannot stress to you just how much more important it is to address what is going on in the legal world, way before we address how you perceive the world to be.

You're welcome to join the rest of in the place where moaning about how mean everyone is to the president needs to be resolved after a president accusing a former president of you know... nefarious activity.

:2wave:
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You hit the nail on the head, Maddow has probably done the Don a smoke screen with the tax release. He is in deep doo doo over that Obama wire tap stunt.
 
Gina said:
There is something up with this. Leakers leak to blow a whistle. If someone was going to grab Trump's returns, why only the first two pages? The real news would be in all the supporting forms.
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The only person who can answer that is the leaker. We can't infer anything about their motives based only on what was provided.

E.g. they could have more; they could have sent all they had; they might have had access briefly; they might have regular access.

What we can surmise is that because it was stamped with "CLIENT COPY," it was nabbed from someone either at the Trump Organization, or their tax attorney's office.

For all we know, it could have been a deliberate leak. I'm not sure why they'd do that (other than to whip up a media frenzy for no particular reason), but it's certainly possible.


Also, after Trump has refused over and again to release his returns, why would the White House pre-emptively confirm the amount of taxes paid?
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I have no idea.

What I do know is that the "audit" story is complete bull****. The IRS already has their filed returns, and many audits are complete. There is absolutely no legal reason to keep them private.


The story here is not this tax form but who sent it to the journalist.
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No, I'd say it's the tax form. There is nothing to report on the tipster.
 
yankintx said:
You hit the nail on the head, Maddow has probably done the Don a smoke screen with the tax release. He is in deep doo doo over that Obama wire tap stunt.
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The problem with defending Trump is that he always ups the ante. I want him to go dumber and send the FBI to MSNBC offices and crack down on those evil journos.

Let him go full stupid and up the ante all on his own.
 
Gina said:
There is something up with this. Leakers leak to blow a whistle. If someone was going to grab Trump's returns, why only the first two pages? The real news would be in all the supporting forms.

Also, after Trump has refused over and again to release his returns, why would the White House pre-emptively confirm the amount of taxes paid?

The story here is not this tax form but who sent it to the journalist.
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As I mentioned in another thread.... it's probably because he wants it to drown out the story tomorrow:

Sen. Whitehouse: Comey may confirm FBI Russia investigation on Wednesday - POLITICO
 
So...the big 'reveal' is that in 2005, Donald trump paid enough in taxes to pay for the entire existence for one solid year of THIS MANY crippled dependent pets....

e70c3c38f4cbf2e5992d584ea538ad0e.jpg

So...I guess the only thing left is



and you didnt even have to say "thank you!"
 
Visbek said:
The only person who can answer that is the leaker. We can't infer anything about their motives based only on what was provided.

E.g. they could have more; they could have sent all they had; they might have had access briefly; they might have regular access.

What we can surmise is that because it was stamped with "CLIENT COPY," it was nabbed from someone either at the Trump Organization, or their tax attorney's office.

For all we know, it could have been a deliberate leak. I'm not sure why they'd do that (other than to whip up a media frenzy for no particular reason), but it's certainly possible.



I have no idea.

What I do know is that the "audit" story is complete bull****. The IRS already has their filed returns, and many audits are complete. There is absolutely no legal reason to keep them private.



No, I'd say it's the tax form. There is nothing to report on the tipster.
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There is a reason to whip up a media frenzy. To distract from the other current frenzies.
1. Ties to Russia.
2. Accusing the previous president of wire tapping.
3. Healthcare.

This is why I think finding the tipster is important. As you said, it's stamped CLIENT COPY. The information in the tax form is meh compared to finding out who leaked it and why. Unless of course the rest of the return is leaked.
 
Visbek said:
all we know, it could have been a deliberate leak. I'm not sure why they'd do that (other than to whip up a media frenzy for no particular reason), but it's certainly possible.
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If it was a deliberate leak, it could be to make Maddow look like a fool. If that's the case, i'd say "Mission Accomplished".
 
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