2016 Election
#9076
Re: 2016 Election
I guess I must be missing something , can someone explain ?
Trump's tax returns : (a) would not show his net worth (b) I was unaware that individual charitable contributions would be shown (c) would not show what he made through ownership of a C corp/non pass through entities, so any stated income could be very low compared to profit he made through corporations he owns.
I am scratching my head what is it people believe his tax returns would reveal ? Also I wonder whether general media commentators realize the above- or is there some reason Trump's tax returns show different information than other tax returns ?
On the other hand, if one just wishes to score political points, perhaps filings with the Treasury department on foreign bank accounts could be quite interesting.
Trump's tax returns : (a) would not show his net worth (b) I was unaware that individual charitable contributions would be shown (c) would not show what he made through ownership of a C corp/non pass through entities, so any stated income could be very low compared to profit he made through corporations he owns.
I am scratching my head what is it people believe his tax returns would reveal ? Also I wonder whether general media commentators realize the above- or is there some reason Trump's tax returns show different information than other tax returns ?
On the other hand, if one just wishes to score political points, perhaps filings with the Treasury department on foreign bank accounts could be quite interesting.
If, as you assert, there is nothing in them that would give cause for raised eyebrows, then why doesn't he follow accepted practice and open them up for public scrutiny? Especially, as dc koop pointed out, since he made such a big thing over Mittens' returns last time round. We might be left thinking that maybe Mr Trump is just a little bit hypocritical over this issue, no?
#9080
Lost in BE Cyberspace
Joined: Feb 2004
Posts: 14,577
Re: 2016 Election
I guess I must be missing something , can someone explain ?
Trump's tax returns : (a) would not show his net worth (b) I was unaware that individual charitable contributions would be shown (c) would not show what he made through ownership of a C corp/non pass through entities, so any stated income could be very low compared to profit he made through corporations he owns.
I am scratching my head what is it people believe his tax returns would reveal ? Also I wonder whether general media commentators realize the above- or is there some reason Trump's tax returns show different information than other tax returns ?
On the other hand, if one just wishes to score political points, perhaps filings with the Treasury department on foreign bank accounts could be quite interesting.
Trump's tax returns : (a) would not show his net worth (b) I was unaware that individual charitable contributions would be shown (c) would not show what he made through ownership of a C corp/non pass through entities, so any stated income could be very low compared to profit he made through corporations he owns.
I am scratching my head what is it people believe his tax returns would reveal ? Also I wonder whether general media commentators realize the above- or is there some reason Trump's tax returns show different information than other tax returns ?
On the other hand, if one just wishes to score political points, perhaps filings with the Treasury department on foreign bank accounts could be quite interesting.
I assume he pays little tax anyway.
#9083
Re: 2016 Election
The sad thing is that, these people who are making public racist remarks, because of their love of Trump and hatred of other races, Donald Trump would piss on them if they were on fire.
#9084
Re: 2016 Election
A wall is just a dumb solution that wouldn't work. They can get over or under it really easily. If potential illegal immigrants can get to a section without a wall currently, then they can get to it while carrying a light ladder. or you can go to a town on the Mexican side of the wall where someone has built a tunnel under it. Just a huge waste of money.
Building bridges is about using an eager workforce to do jobs that Americans aren't doing. It's not about offending people, that's just a smokescreen put up by rightwingers to make the actions sound stupid because you've changed the reasons for doing it into something that is stupid.
Building bridges is about using an eager workforce to do jobs that Americans aren't doing. It's not about offending people, that's just a smokescreen put up by rightwingers to make the actions sound stupid because you've changed the reasons for doing it into something that is stupid.
The Great Wall of America - Photo Essays - TIME
#9086
I have a comma problem
Joined: Feb 2009
Location: Fox Lake, IL (from Carrickfergus NI)
Posts: 49,598
#9087
Lost in BE Cyberspace
Joined: Jul 2016
Posts: 10,023
Re: 2016 Election
Every corporation he owns is under an umbrella company. (not actual umbrellas...just in case you are wondering )
As such they all show on his returns including how much he personally receives from each. Not to mention any debts/loans being declared for interest deductions. Some of which are in Russia.
Donald J. Trump established The Trump Organization in 1980 as the umbrella company for all of his real estate operations and corporate affiliates. In addition to the numerous luxury residential real estate developments in New York City, Mr. Trump's holdings include superior office buildings, hotels, casinos, golf courses, recreational facilities, a modeling and talent agency and an international beauty pageant organization. The quintessential businessman, Mr. Trump has always been committed to taking a personal and direct involvement in all aspects of his projects.
Read more: The Trump Organization - Company Profile, Information, Business Description, History, Background Information on The Trump Organization
As such they all show on his returns including how much he personally receives from each. Not to mention any debts/loans being declared for interest deductions. Some of which are in Russia.
Donald J. Trump established The Trump Organization in 1980 as the umbrella company for all of his real estate operations and corporate affiliates. In addition to the numerous luxury residential real estate developments in New York City, Mr. Trump's holdings include superior office buildings, hotels, casinos, golf courses, recreational facilities, a modeling and talent agency and an international beauty pageant organization. The quintessential businessman, Mr. Trump has always been committed to taking a personal and direct involvement in all aspects of his projects.
Read more: The Trump Organization - Company Profile, Information, Business Description, History, Background Information on The Trump Organization
Yes how much income , probably dividends , he receives will be shown, but like any business person he will manage how much dividends will be paid to reduce double taxation ( i.e. once on corporate profits then on dividends).
Investments in "pass through" entities , common in real estate, a bit more complicated to assess from a tax return , and certainly loans to such entities (let alone corporations) will not be generally discussed at the level of information to determine where the loans come from. I had income from a pass through entity for several years, there was nothing to disclose where debt the entity incurred came from. Add to the mix most likely Trump has engaged in some estate planning, and also structured his assets for liability protection - it is very doubtful to me that his tax returns will show many of the items the media or sections of the public believe it will show.
#9088
Lost in BE Cyberspace
Joined: Jul 2016
Posts: 10,023
Re: 2016 Election
He should show his tax returns because there is an expectation that a candidate for President show his tax returns. Not a rule or a law, it's true - but an expectation nonetheless. By not showing his tax return, he (nobody else; just Trump himself) has made the whole thing into a bigger issue - precisely because people (and not just the "left wing" media, but several conservative commentators also) are wondering what it is he is endeavouring to conceal by not sharing his return.
If, as you assert, there is nothing in them that would give cause for raised eyebrows, then why doesn't he follow accepted practice and open them up for public scrutiny? Especially, as dc koop pointed out, since he made such a big thing over Mittens' returns last time round. We might be left thinking that maybe Mr Trump is just a little bit hypocritical over this issue, no?
If, as you assert, there is nothing in them that would give cause for raised eyebrows, then why doesn't he follow accepted practice and open them up for public scrutiny? Especially, as dc koop pointed out, since he made such a big thing over Mittens' returns last time round. We might be left thinking that maybe Mr Trump is just a little bit hypocritical over this issue, no?
Raised eyebrows from whom ? The general media and those already against Trump just want some talking points to support their existing antagonism against Trump, his supporters could care less. I actually find it amusing the media's obsession with how he doesn't follow accepted practice, people are sick of the status quo and by doing so his core supporters love it.
Trump just shoots from the hip as we all know- he can criticize Romney one day for not releasing his tax returns, then not release his own, no core philosophy involved, just how he feels at the moment.
#9089
Lost in BE Cyberspace
Joined: Jul 2016
Posts: 10,023
Re: 2016 Election
A wall is just a dumb solution that wouldn't work. They can get over or under it really easily. If potential illegal immigrants can get to a section without a wall currently, then they can get to it while carrying a light ladder. or you can go to a town on the Mexican side of the wall where someone has built a tunnel under it. Just a huge waste of money.
Building bridges is about using an eager workforce to do jobs that Americans aren't doing. It's not about offending people, that's just a smokescreen put up by rightwingers to make the actions sound stupid because you've changed the reasons for doing it into something that is stupid.
Building bridges is about using an eager workforce to do jobs that Americans aren't doing. It's not about offending people, that's just a smokescreen put up by rightwingers to make the actions sound stupid because you've changed the reasons for doing it into something that is stupid.
As far as American's not doing same work there is an argument that reducing the supply of lower skilled or educated people coming into to the country in an era of stagnant real wages , would over time raise incomes such that more American's would do such work
But controlling the border is common sense, the wall isn't a total solution but it would reduce the flow of illegal immigrants, as well as his policy of increasing the number or border agents. Tunnels can be addressed technically, but it is more expensive for illegals to use tunnels in payments to "coyotes". And a controlled border would probably reduce the flow of guns going into Mexico.
#9090
Lost in BE Cyberspace
Joined: Jul 2016
Posts: 10,023
Re: 2016 Election
There is already a wall. If people were serious about stopping illegal immigration, they would jail the people that employ them. That will never happen though.
The Great Wall of America - Photo Essays - TIME
The Great Wall of America - Photo Essays - TIME
I remember years ago when I lived in California if someone was using someone else's social security number, it would take on average 2 to 3 years before communication received from social security administration of a mismatch. Also, saw illegals on the farms treated in ways few American's would be expected to put up with- if American's don't want to pick grapes, or pay enough for grapes that Americans would pick grapes, maybe they should eat less grapes !