(04-18-2017 07:00 PM)Machiavelli Wrote:  Can't be worse than our current clown of a president calling on Russia to hack Hillary's emails. His taxes probably show him laundering Russian mob money.

(04-18-2017 07:42 PM)Owl 69/70/75 Wrote:  

(04-18-2017 07:00 PM)Machiavelli Wrote:  Can't be worse than our current clown of a president calling on Russia to hack Hillary's emails.

Umm, he didn't. But so what if he did?

Quote:His taxes probably show him laundering Russian mob money.

I can assure you "his taxes" won't show that. Number one, because I don't think he is doing so. More importantly, number two, tax returns would not show that if he were.

Just what information do you think goes on a tax return, anyway? More specifically, if he were laundering Russian mob money, where would that be shown on his tax return?

Форм 1099Р(уссиа) Сец. 12 линё 4а

(04-19-2017 09:01 AM)TigerBlue4Ever Wrote:  Форм 1099Р(уссиа) Сец. 12 линё 4а

Miscellaneous Income

(04-19-2017 08:49 AM)LeFlâneur Wrote:  The issue pertaining to the emails has been completely redirected.

The issue isn't that Hillary had an illegal server....which she likely did.

The issue isn't who hacked the server....which was likely Russia.

The issue is the content of the emails and the exposure of the rot within the DNC and Hillary campaign. Therein lies the story that history has already written.

Yeah...it's not that Susan Rice illegally unmasked and leaked Flynn's name (she actually didn't), it's the fact that he was talking with Russia and lying about it to Pence, AMIRITE?

In fairness to Mach, he did originally say income from banks would appear on Trump's tax return...and that is true if he had it and properly declared it.

And to cut Matthews a little slack...he did not ask for anything more than whether Trump was under audit or not...and the follow up with Fineman clearly shows he was asking tongue-in-cheek. He wasn't talking about specific tax details and/or returns either.

But no, his tax returns would not show as much as many in the media normally falsely state they would.

That being said, if Trump does not release his tax 2016 return when filed...or at least a fairly detailed summary of it...he will be forever painted a crook and should be. He has to be hiding something. In addition, he'll have one hell of a time passing any meaningful tax legislation when no one will be able to ascertain whether he's doing it solely to benefit him.

And one more thing...it is a crime to not report income from illegal activities on your tax return.

(04-19-2017 09:43 AM)Redwingtom Wrote:  In fairness to Mach, he did originally say income from banks would appear on Trump's tax return...and that is true if he had it and properly declared it.
And to cut Matthews a little slack...he did not ask for anything more than whether Trump was under audit or not...and the follow up with Fineman clearly shows he was asking tongue-in-cheek. He wasn't talking about specific tax details and/or returns either.
But no, his tax returns would not show as much as many in the media normally falsely state they would.
That being said, if Trump does not release his tax 2016 return when filed...or at least a fairly detailed summary of it...he will be forever painted a crook and should be. He has to be hiding something. In addition, he'll have one hell of a time passing any meaningful tax legislation when no one will be able to ascertain whether he's doing it solely to benefit him.

It's nice to hear from someone on the left who actually knows what goes into a tax return. Kinda hard not to, in your business, right? Thanks for your honesty. It's not a common trait among some of your fellow lefty posters. Or politicians or commentators, who know better.

The first comment that I recall from Mach, he said millions or billions in loans from Russian banks, which would not be disclosed. Interest expense would be shown if it were business interest, but banks would not be identifies. And if it were business interest, it would almost certainly be in a corporation and reported there.

(04-19-2017 08:36 AM)Lord Stanley Wrote:  

(04-19-2017 08:22 AM)VA49er Wrote:  

(04-18-2017 07:00 PM)Machiavelli Wrote:  Can't be worse than our current clown of a president calling on Russia to hack Hillary's emails. His taxes probably show him laundering Russian mob money.

Exactly where on the tax return would this data be located?

Pg 8, under "Check here if this money is laundered."

Haha!! Yep....right there on page 8 of all tax returns. Check this box and report all laundered money be they from the Russians of the selling of illegal drugs.

Can't believe so many people missed that!!

(04-18-2017 08:51 PM)Machiavelli Wrote:  Owl. I have to put down income from banks on my tax returns. So would Trump. You would see links to banks in Cyprus. You will never see those returns. He's laundered Russian mob money and he's taken deductions for settlements in lawsuits he hasn't paid.

He's a con man.

(04-19-2017 09:43 AM)Redwingtom Wrote:  In fairness to Mach, he did originally say income from banks would appear on Trump's tax return...and that is true if he had it and properly declared it.

And to cut Matthews a little slack...he did not ask for anything more than whether Trump was under audit or not...and the follow up with Fineman clearly shows he was asking tongue-in-cheek. He wasn't talking about specific tax details and/or returns either.

But no, his tax returns would not show as much as many in the media normally falsely state they would.

That being said, if Trump does not release his tax 2016 return when filed...or at least a fairly detailed summary of it...he will be forever painted a crook and should be. He has to be hiding something. In addition, he'll have one hell of a time passing any meaningful tax legislation when no one will be able to ascertain whether he's doing it solely to benefit him.

You mean kind of like Obama never revealing his academic records...... like that??

We really need to see is Trump's tax return for the year he sold his Florida compound for nearly $100 million dollars to a Russian oligarch when it was likely not worth half that based on comps and the fact that the compound was totally razed in like 5 years.

If that wasn't money laundering I don't know what else it could be!

(04-19-2017 09:54 AM)Crebman Wrote:  

(04-19-2017 09:43 AM)Redwingtom Wrote:  In fairness to Mach, he did originally say income from banks would appear on Trump's tax return...and that is true if he had it and properly declared it.

And to cut Matthews a little slack...he did not ask for anything more than whether Trump was under audit or not...and the follow up with Fineman clearly shows he was asking tongue-in-cheek. He wasn't talking about specific tax details and/or returns either.

But no, his tax returns would not show as much as many in the media normally falsely state they would.

That being said, if Trump does not release his tax 2016 return when filed...or at least a fairly detailed summary of it...he will be forever painted a crook and should be. He has to be hiding something. In addition, he'll have one hell of a time passing any meaningful tax legislation when no one will be able to ascertain whether he's doing it solely to benefit him.

You mean kind of like Obama never revealing his academic records...... like that??

No. First, there's no precedent for releasing college and academic records. Second, no one is calling on Trump to release his academic records. And lastly, academic records have really nothing to do with law compliance.

Bottom line.

A taxpayer at Trump's income level is going to get looked at very closely by the IRS every year. And their techniques are much more adept at finding real issues than any left-wing activist reading a 1040. If there were anything nefarious going on, the IRS would be onto it and we would know about it. They aren't, and we don't, so it's about 99.9% certain that there isn't.

As for all of these nutty allegations, it's really pretty simple. If there were any fire under any of that smoke, Trump would already be in serious trouble with the IRS. He isn't.

(04-19-2017 10:06 AM)Owl 69/70/75 Wrote:  Bottom line.

A taxpayer at Trump's income level is going to get looked at very closely by the IRS every year. And their techniques are much more adept at finding real issues than any left-wing activist reading a 1040. If there were anything nefarious going on, the IRS would be onto it and we would know about it. They aren't, and we don't, so it's about 99.9% certain that there isn't.

As for all of these nutty allegations, it's really pretty simple. If there were any fire under any of that smoke, Trump would already be in serious trouble with the IRS. He isn't.

Not necessarily true. Anything short of criminal activity and blatant tax evasion would likely be kept confidential just like the returns. There could be all types of audit adjustments causing back taxes and penalties, etc. While not criminal, they would certainly be relevant for someone in charge of the executive branch of our country.

And one neat thing that I never knew before, all presidential returns by law are audited by the IRS.

So if Trump wasn't under audit before, HE IS NOW!

(04-19-2017 10:13 AM)Redwingtom Wrote:  And one neat thing that I never knew before, all presidential returns by law are audited by the IRS.

So if Trump wasn't under audit before, HE IS NOW!

My guess, with the amounts of money Trump has been involved with......he gets audited every year and did so prior to sniffing the Presidency.

(04-19-2017 10:25 AM)Crebman Wrote:  

(04-19-2017 10:13 AM)Redwingtom Wrote:  And one neat thing that I never knew before, all presidential returns by law are audited by the IRS.

So if Trump wasn't under audit before, HE IS NOW!

My guess, with the amounts of money Trump has been involved with......he gets audited every year and did so prior to sniffing the Presidency.

Perhaps. Wonder how we might find that out?

(04-19-2017 10:12 AM)Redwingtom Wrote:  

(04-19-2017 10:06 AM)Owl 69/70/75 Wrote:  Bottom line.

A taxpayer at Trump's income level is going to get looked at very closely by the IRS every year. And their techniques are much more adept at finding real issues than any left-wing activist reading a 1040. If there were anything nefarious going on, the IRS would be onto it and we would know about it. They aren't, and we don't, so it's about 99.9% certain that there isn't.

As for all of these nutty allegations, it's really pretty simple. If there were any fire under any of that smoke, Trump would already be in serious trouble with the IRS. He isn't.

Not necessarily true. Anything short of criminal activity and blatant tax evasion would likely be kept confidential just like the returns. There could be all types of audit adjustments causing back taxes and penalties, etc. While not criminal, they would certainly be relevant for someone in charge of the executive branch of our country.

I agree which is why I, nor anyone else, have no "right" to see his tax returns. It is confidential between the IRS and Trump.

(04-19-2017 10:12 AM)Redwingtom Wrote:  

(04-19-2017 10:06 AM)Owl 69/70/75 Wrote:  Bottom line.

A taxpayer at Trump's income level is going to get looked at very closely by the IRS every year. And their techniques are much more adept at finding real issues than any left-wing activist reading a 1040. If there were anything nefarious going on, the IRS would be onto it and we would know about it. They aren't, and we don't, so it's about 99.9% certain that there isn't.

As for all of these nutty allegations, it's really pretty simple. If there were any fire under any of that smoke, Trump would already be in serious trouble with the IRS. He isn't.

Not necessarily true. Anything short of criminal activity and blatant tax evasion would likely be kept confidential just like the returns. There could be all types of audit adjustments causing back taxes and penalties, etc. While not criminal, they would certainly be relevant for someone in charge of the executive branch of our country.

Yet you want him to reveal what you say right there ^ is confidential. Liberal logic?

(04-19-2017 10:55 AM)VA49er Wrote:  

(04-19-2017 10:12 AM)Redwingtom Wrote:  

(04-19-2017 10:06 AM)Owl 69/70/75 Wrote:  Bottom line.

A taxpayer at Trump's income level is going to get looked at very closely by the IRS every year. And their techniques are much more adept at finding real issues than any left-wing activist reading a 1040. If there were anything nefarious going on, the IRS would be onto it and we would know about it. They aren't, and we don't, so it's about 99.9% certain that there isn't.

As for all of these nutty allegations, it's really pretty simple. If there were any fire under any of that smoke, Trump would already be in serious trouble with the IRS. He isn't.

Not necessarily true. Anything short of criminal activity and blatant tax evasion would likely be kept confidential just like the returns. There could be all types of audit adjustments causing back taxes and penalties, etc. While not criminal, they would certainly be relevant for someone in charge of the executive branch of our country.

I agree which is why I, nor anyone else, have no "right" to see his tax returns. It is confidential between the IRS and Trump.

Any.

Sorry...pet peeve.