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The last time Trump paid taxes: (Original Post) RBInMaine Oct 2016 OP
T RUMP gets a name Dump The Rump Oct 2016 #1
The last time Trump paid taxes Zambero Oct 2016 #2
I was just a twinkle in my daddy's eye. Maraya1969 Oct 2016 #3
The last time Trump paid taxes C_U_L8R Oct 2016 #4
The last time Trump paid taxes: RBInMaine Oct 2016 #5
The last time Trump paid taxes: RBInMaine Oct 2016 #6
He was on the Lifestyles of the Rich and Famous LeftInTX Oct 2016 #7
I was riding a tricycle shenmue Oct 2016 #8
The Atlanta Braves were a dynasty bluestateguy Oct 2016 #9
I was watching the latest episode of the Brady Bunch. RBInMaine Oct 2016 #10
The last time Trump paid taxes Applan Oct 2016 #11
Pac Man was a novelty. RBInMaine Oct 2016 #12
I was writing a term paper by hand in cursive. RBInMaine Oct 2016 #13
The last time Trump paid taxes, Prince Charles and Princess Diana were still married. Shrike47 Oct 2016 #14
Tatoo was saying "The plane! The plane!" RBInMaine Oct 2016 #15
I read all the articles related to Trumps income tax and the probability that he's paid no taxes politicaljunkie41910 Oct 2016 #16
I still had my Farrah Fawcett feathered 'do DesertRat Oct 2016 #17
I had to walk over to the television to change channels tribe-time Oct 2016 #18
People were driving Yugos. RBInMaine Oct 2016 #19
Polyester leisure suits were hip. RBInMaine Oct 2016 #20
The earth was without form and void Yonnie3 Oct 2016 #21
All of the Ramones were alive Norbert Oct 2016 #22

Dump The Rump

(26 posts)
1. T RUMP gets a name
Sat Oct 1, 2016, 11:37 PM
Oct 2016

Does T RUMP need to Pay taxes? He sells himself so cheap that even pennies of taxes would be a rounding error for a Large T RUMP

Maraya1969

(22,462 posts)
3. I was just a twinkle in my daddy's eye.
Sat Oct 1, 2016, 11:42 PM
Oct 2016


j/k - but I bet there are many younger than me here that it could be true for.

Applan

(693 posts)
11. The last time Trump paid taxes
Sat Oct 1, 2016, 11:54 PM
Oct 2016

Ivanka was still young enough for Trump to consider her elligible for marriage

politicaljunkie41910

(3,335 posts)
16. I read all the articles related to Trumps income tax and the probability that he's paid no taxes
Sun Oct 2, 2016, 12:51 AM
Oct 2016

since 1995 and the fact that he could get away with that legally should be disturbing to everyone. FTR, I am an accountant and I read through all the articles below, beginning with the first one which shows how Trump can legally rack up 916M in debt with his Atlantic City casinos and write that debt off over 18 years against other taxable income he has over an 18 year period (going 3 years back from the year the loss was incurred and 15 years forward into the future). Professional accounting firms have looked into this matter for the NY Times and vouch for the fact that based on existing tax laws, it is possible for Trump to have written off 916M in losses over an 18 year period, against income earned in that 18 year period and never having paid any taxes. My one question which wasn't mentioned in the first article was, what about AMT, (Alternate Minimum Tax). This is a tax imposed by the federal government usually applicable to wealthy people that is suppose to make sure that people with lots of deductions and loses pay at least some taxes.

The system is definitely rigged on behalf of wealthy real estate owners, as they can take deductions that the average Joe cannot. The major deduction is depreciation which in most cases you can take a deduction for property which in many cases has appreciated. Also in most cases Trump was able to secure/negotiate tax breaks and tax credits that no one else could, probably as a result of crony capitalism. Also in spite of of six bankrupcies Trump seems to still manage to secure financing from lenders. Try that John Q Public. Also the thought that someone could have hundreds of millions of income and pay no taxes for 18 years while still increasing his net worth year in and year out over that same period just seems wrong on so many levels. I think everyone should read these 4 articles and if they information is determined to be accurate, i think the people who DO PAY TAXES should revolt. We should tell Congress on January 1,2017, that we are not going to pay any taxes owed until the provisions in the tax code that allowed this to happen are repealed. And mean it.

Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades
http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?_r=0

A Trump Empire Built on Inside Connections and $885 Million in Tax Breaks
http://www.nytimes.com/2016/09/18/nyregion/donald-trump-tax-breaks-real-estate.html

Trump Casinos’ Tax Debt Was $30 Million. Then Christie Took Office.
http://www.nytimes.com/2016/08/17/us/politics/trump-chris-christie-casinos.html

Donald Trump’s Deals Rely on Being Creative With the Truth
http://www.nytimes.com/2016/07/17/us/politics/donald-trump-business.html

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