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Thread: Trump asks Supreme Court to shield financial records from House Democrats

  1. #151
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by HenryChinaski View Post
    You must have images of sweaty nerdy guys surrounded by stacks of paper. The reality is that the big 4 hire fresh out of college kids that utilize company specific template software while the tax managers QC the final product. These kids can't even file the returns with corresponding documentation. We spend way more man hours looking at returns than the accountants. The main standout trick that I notice is the bull**** shell LLC scam. They're set up in order funnel money through them and avoid paying taxes. They buy and sell through them, which means that the owner doesn't need to report international operations conducted through the shell company and will be able to avoid any taxes on the profits. They set them up to conduct all sorts of shady business, including selling supermarket brand goods without impacting the value of the main brand. I remember something in the news awhile back about Romney getting into hot water over claims that he has been evading the government's claims on his finance, with one of the accusations that he channeled his income into a shell company into tax haven of Bermuda.
    50 years ago, when I was a teenager, I worked part time during tax season working for a company that prepared tax returns. I collated and stapled tax returns...…

    I knew no more about taxes than apparently you do.

    So how does one earn an income and end up owing nothing? Tax havens? Do you even know what that means?
    Nancy Pelosi: March, 2019
    "Impeachment is so divisive to the country that unless thereís something so compelling and overwhelming and bipartisan, I donít think we should go down that path, because it divides the country,Ē

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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by ocean515 View Post
    50 years ago, when I was a teenager, I worked part time during tax season working for a company that prepared tax returns. I collated and stapled tax returns...…

    I knew no more about taxes than apparently you do.

    So how does one earn an income and end up owing nothing? Tax havens? Do you even know what that means?
    glad you mentioned it. please share with us the intricacies of tax havens and the key features they employ to shelter income from taxes. not looking for something trite. give us the inside scoop about what makes tax havens tick
    i look forward to seeing this product of your vast expertise
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    His left toenail knows more about the world than both hemispheres of Trumpís brain. ~ Brett Stephens about Mayor Pete
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  3. #153
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by ocean515 View Post
    50 years ago, when I was a teenager, I worked part time during tax season working for a company that prepared tax returns. I collated and stapled tax returns...…

    I knew no more about taxes than apparently you do.

    So how does one earn an income and end up owing nothing? Tax havens? Do you even know what that means?
    One individual, their yearly income $333,000,000. Employee salaries = $125,000,000. Those salaries are written off, gone. That individual builds a new $100,000,000 facility and gets every penny of that back. On top of that their tax refund from the IRS is $37,000,000. Yeah, no one suffers like the filthy rich.
    Give a man a fish and he can eat for a day. Teach a man to fish and he can sit in a boat, drinking beer all day while you fool around with his Woman.

  4. #154
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by justabubba View Post
    glad you mentioned it. please share with us the intricacies of tax havens and the key features they employ to shelter income from taxes. not looking for something trite. give us the inside scoop about what makes tax havens tick
    i look forward to seeing this product of your vast expertise
    Thanks for asking.

    I'll let some experts explain it to you, since you and others here apparently don't have a clue.

    Tax Haven - Understanding How Tax Havens Benefit Companies
    Nancy Pelosi: March, 2019
    "Impeachment is so divisive to the country that unless thereís something so compelling and overwhelming and bipartisan, I donít think we should go down that path, because it divides the country,Ē

  5. #155
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by ocean515 View Post
    Thanks for asking.

    I'll let some experts explain it to you, since you and others here apparently don't have a clue.

    Tax Haven - Understanding How Tax Havens Benefit Companies
    c'mon man, show your expertise. the link you offered was a trite overview that would not pass muster as a fourth grade show and tell project
    nuts and bolts of reducing ones tax obligations via tax havens; show us how it is done
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    His left toenail knows more about the world than both hemispheres of Trumpís brain. ~ Brett Stephens about Mayor Pete
    45<44

  6. #156
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by HenryChinaski View Post
    One individual, their yearly income $333,000,000. Employee salaries = $125,000,000. Those salaries are written off, gone. That individual builds a new $100,000,000 facility and gets every penny of that back. On top of that their tax refund from the IRS is $37,000,000. Yeah, no one suffers like the filthy rich.
    Who was paid $330,000,000 in one year?
    Nancy Pelosi: March, 2019
    "Impeachment is so divisive to the country that unless thereís something so compelling and overwhelming and bipartisan, I donít think we should go down that path, because it divides the country,Ē

  7. #157
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by justabubba View Post
    c'mon man, show your expertise. the link you offered was a trite overview that would not pass muster as a fourth grade show and tell project
    nuts and bolts of reducing ones tax obligations via tax havens; show us how it is done
    Go learn something on your own if you want to do something about your ignorance. I'm not your teacher. I provided the information. You don't like it, I don't care.
    Nancy Pelosi: March, 2019
    "Impeachment is so divisive to the country that unless thereís something so compelling and overwhelming and bipartisan, I donít think we should go down that path, because it divides the country,Ē

  8. #158
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by ocean515 View Post
    Go learn something on your own if you want to do something about your ignorance. I'm not your teacher. I provided the information. You don't like it, I don't care.
    then you don't actually have any actual tax avoidance expertise to share
    glad we cleared that up
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    His left toenail knows more about the world than both hemispheres of Trumpís brain. ~ Brett Stephens about Mayor Pete
    45<44

  9. #159
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by justabubba View Post
    then you don't actually have any actual tax avoidance expertise to share
    glad we cleared that up
    No that would be you, since I already posted a link, and you've posted nothing.

    It can't be this easy.
    Nancy Pelosi: March, 2019
    "Impeachment is so divisive to the country that unless thereís something so compelling and overwhelming and bipartisan, I donít think we should go down that path, because it divides the country,Ē

  10. #160
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    Re: Trump asks Supreme Court to shield financial records from House Democrats

    Quote Originally Posted by chuckiechan View Post
    If the Republicans take the house, they will be impeaching Nancy Pelosi. Do you want their tax records public?
    Of course?
    ďThe question is not whether the GOP will abandon Trump. We know the answer. The question is whether the country will abandon the GOP.Ē - Dan Rather
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