Trump tax returns pubished

The Barbarian

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New York Times publishes Donald Trump's tax returns in election bombshell

The New York Times
reported on Sunday that it had obtained Donald Trump’s tax information, long the holy grail of US political reporting.
The president “paid $750 in federal income taxes the year he won the presidency”, the paper reported, adding that “in his first year in the White House, he paid another $750.

“He had paid no income taxes at all in 10 of the previous 15 years – largely because he reported losing much more money than he made.”

Saying Trump faced a possible hit of “more than $100m” if he lost “a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9m tax refund that he claimed, and received, after declaring huge losses”. The paper promises more stories in the coming weeks.

“The tax returns that Mr Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public,” the paper added.

Trump will face Joe Biden in the US presidential election on 3 November.

The Times also said the documents it had obtained “comprise information that Mr Trump has disclosed to the IRS, not the findings of an independent financial examination. They report that Mr Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia.”


https://www.msn.com/en-us/news/poli...tax-returns-in-election-bombshell/ar-BB19tSBc
 

Arthur Brain

Well-known member
New York Times publishes Donald Trump's tax returns in election bombshell

The New York Times
reported on Sunday that it had obtained Donald Trump’s tax information, long the holy grail of US political reporting.
The president “paid $750 in federal income taxes the year he won the presidency”, the paper reported, adding that “in his first year in the White House, he paid another $750.

“He had paid no income taxes at all in 10 of the previous 15 years – largely because he reported losing much more money than he made.”

Saying Trump faced a possible hit of “more than $100m” if he lost “a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9m tax refund that he claimed, and received, after declaring huge losses”. The paper promises more stories in the coming weeks.

“The tax returns that Mr Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public,” the paper added.

Trump will face Joe Biden in the US presidential election on 3 November.

The Times also said the documents it had obtained “comprise information that Mr Trump has disclosed to the IRS, not the findings of an independent financial examination. They report that Mr Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia.”


https://www.msn.com/en-us/news/poli...tax-returns-in-election-bombshell/ar-BB19tSBc

Well, will see how that plays out but it was obvious he was hiding stuff else he'd have already released them instead of fighting so hard for them not to be shown. It obviously wasn't going to be good for him.
 

annabenedetti

like marbles on glass
Screen-Shot-2020-09-27-at-7-56-12-PM.png
 

Jefferson

Administrator
Staff member
Administrator
Super Moderator
Yawn. Donald Trump has been audited every year for decades. The IRS has never found anything because Trump knows from day one of each fiscal year that he will be audited. If the IRS couldn't ever find anything then the Dems sure aren't going to either.
 

annabenedetti

like marbles on glass
Yawn. Donald Trump has been audited every year for decades. The IRS has never found anything because Trump knows from day one of each fiscal year that he will be audited. If the IRS couldn't ever find anything then the Dems sure aren't going to either.

:chuckle:
 

Idolater

"Matthew 16:18-19" Dispensationalist (Catholic) χρ
Is the 421 million dollar debt the president's net worth, or is this just like his mortgage? Because everybody with a mortgage has a big debt, but it's balanced by assets that are more valuable than the debt.
 

The Barbarian

BANNED
Banned
Nothing illegal found.

Cyrus Vance now thinks otherwise. Turns out, the records seem to show that Trump misrepresented the value of his properties to tax authorities and to banks. So now, it has to be cross-checked to make sure. If so, there's an indictment for each time it happened. Why do you think Trump so desperately wanted to hide his tax records?
 

Idolater

"Matthew 16:18-19" Dispensationalist (Catholic) χρ
Is the 421 million dollar debt the president's net worth, or is this just like his mortgage? Because everybody with a mortgage has a big debt, but it's balanced by assets that are more valuable than the debt.
In case anybody else is curious.

2.5 billion USD plus 421 million is about 2.9 billion, that's the value of his assets.

https://www.forbes.com/profile/donald-trump/
Real Time Net Worth 09/29/20 2.5 billion
 
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