It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: fencesitter85
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.
Following Trump Tax Revelations, U.S. House Passes Bill to Boost Oversight
originally posted by: JIMC5499
originally posted by: fencesitter85
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.
It's not false. It is however being ignored. Read it. There's no mention of Congress being exempt.
www.findlaw.com...
More at: www.thegatewaypundit.com...
The Democrats released Trump’s tax returns and what was expected to be a monumental takedown of the 45th President ended up being another reason to support the man.
Trump’s personal wealth declined after he entered public office.
In fact, Trump may be the first prominent politician in history to see his income decline after entering office.
Trump lost $2 billion while serving as president.
On Friday Steve Bannon played a video President Trump released, regarding his tax returns. Trump called on the GOP Congress to release the Biden Crime Family’s tax returns.
Turnabout is fair play.
originally posted by: carewemust
12/23/2022
UPDATE - Former President Trump is requesting that the BIDEN CRIME FAMILY tax returns be fully released, after the GOP assumes control of the U.S. House, 2 weeks from now.
More at: www.thegatewaypundit.com...
The Democrats released Trump’s tax returns and what was expected to be a monumental takedown of the 45th President ended up being another reason to support the man.
Trump’s personal wealth declined after he entered public office.
In fact, Trump may be the first prominent politician in history to see his income decline after entering office.
Trump lost $2 billion while serving as president.
On Friday Steve Bannon played a video President Trump released, regarding his tax returns. Trump called on the GOP Congress to release the Biden Crime Family’s tax returns.
Turnabout is fair play.
Note: From my own investigation, I know one thing we'll see is how Joe-Jill Biden "Amended and Refiled" years of Federal Returns, just before announcing he was running for President, back in April of 2019.
originally posted by: rounda
a reply to: fencesitter85
How is he supposed to *run* his businesses while serving as PotUSA? The extra 12 hours in a 36 hour day?
His golf courses and resorts required guests to go through additional security procedures because he was president... not to mention covid lockdowns basically halting revenue...
Some of the hotels licensing his name stopped licensing, and the value of his condos dropped, basically because the media turned him into Hitler.
More at: www.breitbart.com...
Trump had resisted calls to release his tax returns during the 2016 presidential election, saying that they were under audit. He was also reluctant to give political ammunition to his rivals. (In 2012, Senate Majority Leader Harry Reid (D-NV) claimed that Republican presidential nominee Mitt Romney had not paid taxes for years, a claim that was given credibility by the media but had no basis in fact.)
Democrats speculated that Trump must have been hiding something, and fantasized about what his returns might show.
But when MSNBC’s Rachel Maddow published a 2005 tax return showing he paid $38 million in income taxes, she was widely mocked.
In 2019, the New York Times claimed to have obtained “decades” of Trump’s tax returns. Though the paper reported that he showed “chronic losses and years of tax avoidance,” it could find nothing illegal or untoward.
At long last, after years of baseless speculation, and struggle sessions on cable news networks, Donald Trump’s fabled tax returns have been released, and members of the press are bubbling with excitement!
In an unprecedented abuse of power, Democrats in the House of Representatives decided to seize a private citizen’s taxes and dump them out into the public for no legitimate reason whatsoever. There was no constitutional oversight role being performed (because again, Trump is not in government), and certainly, there was no legitimate investigative purpose given they had no evidence of wrongdoing related to the work of Congress.
Extracted from: redstate.com...
Trump’s financial fortunes went up or down, depending on what year it was.
And that he didn’t pay income taxes in the years that his losses outpaced his gains.
What a shocking turn of events!
We better spend the next week of the news cycle on this, pretending that it’s a major scandal!
The long and short of this is that Trump did absolutely nothing outside the bounds of the current tax system.
One could argue the current tax system sucks and benefits the ultra-wealthy.
I might even agree, but that’s not what we were promised.
We were promised Russian collusion, and reams of fraud.
Where is it? WHERE IS IT?
Original Post - 12-30-2022 - 10:52am: truthsocial.com...
“The Democrats should have never done it, the supreme court should have never approved it, and it’s going to lead to horrible things for so many people.”
He continued: “The great USA divide will now grow far worse. The radical, left Democrats have weaponized everything, but remember, that is a dangerous two-way street!
“The ‘Trump’ tax returns once again show how proudly successful I have been, and how I have been able to use depreciation and various other tax deductions as an incentive for creating thousands of jobs, and magnificent structures and enterprises.”
Source Article: www.washingtonexaminer.com...
Republicans slam release of Trump tax returns
Democrats will only have themselves to blame come January, as they have now given the incoming Republican Majority the clear authority to use all tools available to investigate whether President Biden and his family have enriched themselves off the Washington Democrats’ agenda.