Sunday, October 2, 2016

Orchestrating the Demise of Trump as NY Times Claims "Bombshell" - POLITICO

     Legal avoidance of taxes ?  Is it wrong ? 
      The wealthy are probably more adept at using the tax code than the rest of us, but anyone in business likely has returns over the years that show fluctuations in income or in some cases losses that obviate paying income tax.
      Been there, done that. Nobody likes losing money, but you shouldn't volunteer to pay taxes just to be politically correct. Besides, as a business you are still paying sales tax, property tax, employer payroll tax, sin taxes (in my case), and other taxes and fees.
       Now, assuming all these were paid, and the returns were done according to law (they have been audited frequently by the IRS), what's the problem.
       Coverage of the NY Times article is varied. Trump friendly media threw shade on the one page from a 1995 tax return as improperly obtained and dispositive of nothing. Clinton friendly media, just the opposite.
        In a curious aside Hillary Clinton made the same points as the NY Times article in Monday's debate. She likely knew the story was coming and what was in it.
         No real surprises here as the story points out issues with the tax code.
Bombshell report on Trump taxes sends GOP nominee reeling - POLITICO

13 comments:

Anonymous said...

WoW Jeff, excuses, excuses, for the Donald. we don't have to be in business to also pay taxes- we pay property and school taxes, sales tax, gas tax, income tax. So don't give us this sad song.

Anonymous said...

Your right on your take about this one.. Anyone out there who is so patriot that you pay taxes you dont have to pay... Anyone... Dannie how about you.... Oh I forgot you dont pay taxes.

Anonymous said...

How'd you like to be a Rudy Guiliani, or Newt Gingerich, or Chris Christie trying to hold up Trumps sinking yacht and they gave away their life jackets to him? For the purpose of a little piece of possibly something he might throw their way.

Anonymous said...

Well this finally explains his ridiculous idea to make Mexico pay for the border wall. Donald Trump is just accustomed to other people picking up the tab to pay for essential services like national defense and border security. Donald Trump is just so much smarter than the rest of us fools paying taxes.

Besides, he has more important things to do with his money, like making contributions to the Clinton Foundation and giving campaign donations to Harry Reid, Chuck Schumer, and Hillary Clinton.

#NeverTrump

Anonymous said...

Huma Abedin, who served as Hillary’s longtime deputy chief of staff and has worked with her for nearly 20 years, has known ties to the Muslim Brotherhood – a group bent on “destroying Western civilization from within” – and other Islamic supremacists. As WND has extensively reported, the Muslim Brotherhood and Islamic supremacist connections not only extend to Abedin’s mother and father, who are both deeply tied to al-Qaida fronts, but to Abedin herself.
As WND reported, a manifesto commissioned by the ruling Saudi Arabian monarchy places the work of an institute that employed Abedin at the forefront of a grand plan to mobilize U.S. Muslim minorities to transform America into a Saudi-style Islamic state, according to Arabic-language researcher Walid Shoebat.
Abedin was an assistant editor for a dozen years for the Journal of Muslim Minority Affairs for the Institute for Muslim Minority Affairs. The institute – founded by her late father and currently directed by her mother – is backed by the Muslim World League, an Islamic organization in the Saudi holy city of Mecca that was founded by Muslim Brotherhood leaders. The 2002 Saudi manifesto shows that “Muslim Minority Affairs” – the mobilizing of Muslim communities in the U.S. to spread Islam instead of assimilating into the population – is a key strategy in an ongoing effort to establish Islamic rule in America and a global Shariah, or Islamic law, “in our modern times.”
WND reported Abedin also was a member of the executive board of the Muslim Student Association, which was identified as a Muslim Brotherhood front group in a 1991 document introduced into evidence during the terror-financing trial of the Texas-based Holy Land Foundation.

At her father’s Saudi-financed Islamic think tank, WND reported, Abedin worked alongside Abdullah Omar Naseef, who is accused of financing al-Qaida fronts. Naseef is deeply connected to the Abedin family.

WND was first to report Huma’s mother, Saleha Abedin, was the official representative of Naseef’s terror-stained Muslim World League in the 1990s.

Shoebat previously reported that as one of 63 leaders of the Muslim Sisterhood, the de facto female version of the Muslim Brotherhood, Saleha Abedin served alongside Nagla Ali Mahmoud, the wife of Muslim Brotherhood figure Mohammed Morsi, Egypt’s now ousted president.

Saleha Abedin and Morsi’s wife both were members of the Sisterhood’s Guidance Bureau, Shoebat found.

WND also recently reported Abedin used emails hosted on HIllary’s private server while she was secretary of state.

6) Vince Foster’s 1993 death

NY21inMD said...

Jeff, I agree that Donald Trump's 1995 taxes, in which he claimed a $916 million tax loss, more than likely complied with the tax law. And that these returns argue for tax reform. Thus you ask "What's the problem?"

I say, if there is no problem, why doesn't Mr. Trump release all his tax returns from before and after 1995. His refusal to do so strongly indicates he is hiding something. My guess is that he hasn't paid any income taxes in awhile, he hasn't given to charity to the "huge" degree he claims, he has business ties with entities with which the United States is in conflict, and his returns show he is not the defender of the working man he claims to be in his campaign rhetoric.

In the next few weeks leading up to election day, Republicans leaders need to make a choice about their support for Mr. Trump and his incoherent, losing campaign. I believe the future of the party will belong to those who opposed, or distanced themselves from, his demagogic style of leadership.

hermit thrush said...

pretty impressive that trump was able to parlay a paltry $14 million starter loan from his dad into a $900+ million loss.

Anonymous said...

Trump did the same thing with his taxes as Obama did with his birth certificate. Trump knew that some democrat in NYS would illegally leak his tax return and he knew that some NYT's type rag would dutifully report the leak as fact. And Trump knew that the leak would not hurt him but it would prove to the undecideds that Hillary and the media are corrupt.

Danny M. Francis (Eyepublius) said...

The problem is presidents propose and implement tax policy for the country ... finding and providing more loopholes and such for the top bracket (like the Trump class has done for decades) is not the way to run our country ... perhaps ruin the country, but not conduct fair tax policy. And, let's face it, average Joe's do not have and cannot hire slick law firms to find all those tax gimmicks to cling to.

Trump needs to come clean on this - candidates have release tax info for nearly nearly 50 years - so, what is he hiding if anything?

Anonymous said...

11:14 I've always felt that the postings of this type done under Anomny. is really MCM. While what you post are the facts, no one responds to these types of posting.

As Detective Danny always says ooops.....you forgot to mention that the Perv. she married is considered by her Muslim family to be a pig of a J##.

Anonymous said...

Do y'all suppose that cumquat thrush is smart enough to know the difference between, EBITA, cash flow, book value, market value, basis and other financial terms necessary to digest and analyze a P&L? Terms that media types and faculty lounge types don't need to know about until they retire with their govenrment pensions.

Anonymous said...

You're joking right, 1038? Even if it didn't hurt trump, it sure as hell won't help. The race is over anyway pal.
Cha-ching!!!

Danny M. Francis (Eyepublius) said...

Some Trump supporters and Trump voters it seems are ready to trust an Aussie (Assange) who is hiding from the law in an Embassy in London for sex charges and yet those same voters demand clean fair elections and voter ID laws ... GMAFB...!!!