Democrat-led US House Decides to Publish 6 Years of former President Trumps Tax Returns.

originally posted by: quintessentone

originally posted by: xuenchen
a reply to: frogs453

You would need heavy credit financing and millions of dollars invested in depreciating investments, and a few losses helps.

The investments pay the taxes on other forms sometimes.

Welcome to Capitalism pre-101 😀

Welcome to screw the little man/woman 101.

Yeahbut if they are bogged down with taxes, it would cost thousands of jobs !!!

Think about THAT 😀

originally posted by: knoxie
a reply to: quintessentone

Well, we the people, can be angry when a president possibly breaks US tax code he took an oath to uphold..

I know crazy!

Considering the little people have to follow it, like you said.

what laws did he break? If he broke the law, arrest him. That's how the law is supposed to work. so which part of the tax code did Trump cheat on, and did he do his own taxes?

This is actually illegal even if they voted to do it.
Hope they are prosecuted for it later.

originally posted by: carewemust
Tuesday, December 20, 2022

With Americans voting last month to remove Democrats from controlling the U.S. House of Representatives, Democrats want to do one last thing to increase the level of conflict and tension within U.S. Society.

They are going to take the unprecedented action of releasing the Personal Tax Returns of a former (living) U.S. President.

Democrats on the main tax-writing committee in the House voted during a closed-door meeting on Tuesday to make six years of former President Trump’s tax returns public — the culmination of years of Democratic efforts to obtain Trump’s financial records and a move that Republicans view as a provocation as they assume control of the House.

The returns, encompassing years 2015 to 2020, could be released in as soon as hours after the announcement, as part of two reports from the Ways and Means Committee to the broader Congress about the presidential audit system of the IRS.

The committee voted along party lines, 24-16, to make the returns public, with Democrats voting in favor and Republicans voting against.

Source: thehill.com...

Other than the NUMBERS BEING BIGGER, what earth-shattering revelations might come from the personal tax return of former President & First Lady Donald J. Trump/Melania Trump??

Does this now open the door for the Republican-led House to release the personal Medical Records of U.S. President Joseph R. Biden, after they take control of that chamber on 1/3/2023...just 2 weeks from now?

-CareWeMust

 

MOD NOTE:

This is not the Mud Pit.....

a reply to: network dude

I think it is great. One more thing that they kept crying about and now it is gone. Poof!

originally posted by: matafuchs
a reply to: network dude

I think it is great. One more thing that they kept crying about and now it is gone. Poof!

Yup, that is another aspect of this. We might be left with OMB, and he's got nukular secrets tucked away in his Dr. Evil bunker, and a shaved cat. It's really comical at this stage. TDS at a fever pitch.

originally posted by: Hecate666
I'd love to see Obama's finances during office investigated. The obummers were the highest spending presidential couple ever. Lots of moneys going to their mates, holidays and all sorts of gibs.
Now that would be interesting...

His tax forms are right there on the Internet for you to peruse... released by Obama himself and (as per rules) audited by the IRS each year that he was president. You can find them here: www.taxnotes.com...

One striking thing is that all the other candidates and office holders (VP and president as well as people running for office) sent multiple forms (single form for each year.) Trump released one and only one -- and it was for 2005.

Really. Check them out. Signatures and all.

Nothing current from Trump. Nothing within the past 15 years.

So, knock yourself out. The Obama tax forms are right there for you to comb through.

a reply to: Byrd

Did you miss the verb "investigate" Byrd?

originally posted by: carewemust
Democrat-led US House Decides to Publish 6 Years of former President Trumps Tax Returns.

To what point?

If they're being given to the Dept. of Justice, that's a problem also releasing them to the Public. Especially if there's Political commentary afterwards.

It keeps just about any Jury from being Impartial.

It also allows the Public to punish him by Public Opinion. Which the News Media will pounce on and manipulate. A form of 'Punishing Without Due Process'.

And violating his 14th Amendment Rights.

originally posted by: Xtofury
This is actually illegal even if they voted to do it.
Hope they are prosecuted for it later.

originally posted by: carewemust
Tuesday, December 20, 2022

With Americans voting last month to remove Democrats from controlling the U.S. House of Representatives, Democrats want to do one last thing to increase the level of conflict and tension within U.S. Society.

They are going to take the unprecedented action of releasing the Personal Tax Returns of a former (living) U.S. President.

Democrats on the main tax-writing committee in the House voted during a closed-door meeting on Tuesday to make six years of former President Trump’s tax returns public — the culmination of years of Democratic efforts to obtain Trump’s financial records and a move that Republicans view as a provocation as they assume control of the House.

The returns, encompassing years 2015 to 2020, could be released in as soon as hours after the announcement, as part of two reports from the Ways and Means Committee to the broader Congress about the presidential audit system of the IRS.

The committee voted along party lines, 24-16, to make the returns public, with Democrats voting in favor and Republicans voting against.

Source: thehill.com...

Other than the NUMBERS BEING BIGGER, what earth-shattering revelations might come from the personal tax return of former President & First Lady Donald J. Trump/Melania Trump??

Does this now open the door for the Republican-led House to release the personal Medical Records of U.S. President Joseph R. Biden, after they take control of that chamber on 1/3/2023...just 2 weeks from now?

-CareWeMust

 

MOD NOTE:

This is not the Mud Pit.....

If the Republican House runs their Biden investigations the right way, the Democrat party will be severely damaged for a few election cycles, at least.

a reply to: carewemust

It's extraordinary that discussing the danger President Biden's international transactions put the United States in, along with his current mental issues, are only suitable for threads and posts in the ATS Mud Pit. Its (maybe?) unprecedented for the USA to have a leader this bad.

originally posted by: Byrd

originally posted by: Hecate666
I'd love to see Obama's finances during office investigated. The obummers were the highest spending presidential couple ever. Lots of moneys going to their mates, holidays and all sorts of gibs.
Now that would be interesting...

His tax forms are right there on the Internet for you to peruse... released by Obama himself and (as per rules) audited by the IRS each year that he was president. You can find them here: www.taxnotes.com...

One striking thing is that all the other candidates and office holders (VP and president as well as people running for office) sent multiple forms (single form for each year.) Trump released one and only one -- and it was for 2005.

Really. Check them out. Signatures and all.

Nothing current from Trump. Nothing within the past 15 years.

So, knock yourself out. The Obama tax forms are right there for you to comb through.

Plus remember donnie's golf bill alone? It was astronomical.

I've gleefully read this thread, with all the nervous/upset exchanges, with donnie's fan club desperately defending the apparent billionaire with nothing to hide.

I genuinely don't expect anything any less legal than most of the rest of congress. But I'll bet my backside on god knows how many conflicts of interest, sources of income with unclear origins/explanation, and him being far far less wealthy than he claims.

And let's be honest - that's the main driver for this defensiveness from donnie. I've never known an innocent person go to such lengths, and spend so much time and money desperately trying to hide personal data on the basis of "I'm completely innocent, but it's the principle isn't it."

I'm overjoyed at seeing how terrified he is of this. He deserves it.

As for the comments along the lines of "Well good, let's see all the Liberal finances too!!" - I agree. We should all expect transparency from our leaders regardless of what side we're on or who we trust.

It is our duty as patriotic citizens to scrutinise, challenge and demand transparency of our leaders. Just giving them the benefit of the doubt is how you end up with Libya under Gaddafi or insert-failed-state-here.

And let's be completely honest - all seriousness - if this situation was exactly reversed, would you honestly say "Well it's Biden/Pelosi's private business. What could we possibly learn? We should respect their privacy."

🤔

a reply to: carewemust

Other than the NUMBERS BEING BIGGER, what earth-shattering revelations might come from the personal tax return of former President & First Lady Donald J. Trump/Melania Trump??

That he has less money than he claims.
That he has less money now than a decade ago
That he has made campaign donations or paid for lobbying
That he uses tax write down schemes
That he off shores his money

Basically that he is part of the elite 0.01 percent and isn't one of us poor schmoes.

Take your pick.

originally posted by: AaarghZombies
a reply to: carewemust

Other than the NUMBERS BEING BIGGER, what earth-shattering revelations might come from the personal tax return of former President & First Lady Donald J. Trump/Melania Trump??

That he has less money than he claims.
That he has less money now than a decade ago
That he has made campaign donations or paid for lobbying
That he uses tax write down schemes
That he off shores his money

Basically that he is part of the elite 0.01 percent and isn't one of us poor schmoes.

Take your pick.

What baffles me more is the desperate, ceaseless, unending insistence that it's nobody else's business.

Really? Nobody's business to know how the president of the united states of America spent and gained money during his time in office? Nobody's business to have him PROVE he's squeaky clean?

Politics aside, when did we get so partisan that we'll defend our leaders' rights NOT to be transparent about their financial interests, given the potential implications?

I don't see the Left insisting Biden et al shouldn't have to declare their financial dealings. It's really really weird that people insist in one breath that he's got nothing to hide, then in the next insist it would be damaging to have them revealed (despite donnie lying that he'd release them when the audit was finished, which we now know could have been numerous times since then).

Proven to be lying, and yet still defending him.

Doesn't make sense to me. Not one bit.

originally posted by: carewemust
a reply to: carewemust

It's extraordinary that discussing the danger President Biden's international transactions put the United States in, along with his current mental issues, are only suitable for threads and posts in the ATS Mud Pit. Its (maybe?) unprecedented for the USA to have a leader this bad.

This isn't the mud pit and this post is not on topic.

a reply to: fencesitter85

He lost money. He paid taxes. He donated his POTUS salary. His businesses took a huge hit also. Donald Trump LOST money while in office.

A person running for office has to file a full financial disclosure which he did and gives you more information than a tax return.

So, now after all of these years, what is wrong with his returns?

originally posted by: matafuchs
a reply to: fencesitter85

He lost money. He paid taxes. He donated his POTUS salary. His businesses took a huge hit also. Donald Trump LOST money while in office.

A person running for office has to file a full financial disclosure which he did and gives you more information than a tax return.

So, now after all of these years, what is wrong with his returns?

Well then there's nothing to hide and it'll all be boring, mundane and pedestrian won't it . Good job we'll have that transparency as confirmation and to ensure this continues into the future 😃

a reply to: network dude

We don't know, because the information hasn't been released yet, and you can go to jail even if you don't do your own taxes because you sign off on them even if your account actually does them.

A few questions:
How will this NOT hurt the Democrat party?
Who wrote the laws?
Who put the loopholes in place?
Do you honestly believe the IRS hasn't turned his tax returns every which way looking for something illegal?

It is our governments fault people, like Trump, pay what they pay.
Wanna fix it?
Vote ALL career politicians out, term limits and OUTLAW LOBBYIST.

a reply to: 1947boomer

Yes there is a law allowing Congress to obtain tax returns.
There's also another law making it illegal to release those returns without the permission of the tax payer.

originally posted by: JIMC5499
a reply to: 1947boomer

Yes there is a law allowing Congress to obtain tax returns.
There's also another law making it illegal to release those returns without the permission of the tax payer.

Well this is obviously false, otherwise they couldn't do it and lawyers all over the place would be saying the same.