5 reasons Donald Trump really doesn’t want his tax returns released

[signalmankenneth]

CNN —
Donald Trump asked the Supreme Court on Monday to stop the turning over of his tax returns to a House committee, the latest in a series of attempts by the former President to keep that information from going public.

Chief Justice John Roberts on Tuesday agreed to put a temporary hold on a lower court’s order requiring the Internal Revenue Service to release Trump’s tax returns to the Democratic-controlled House Ways and Means Committee.

“No Congress has ever wielded its legislative powers to demand a President’s tax returns,” Trump said in his emergency request to the Supreme Court.

Trump broke with recent tradition for presidents and presidential candidates by refusing to release his past tax records, insisting that he was under audit and therefore could not release the returns. He can release them even while he’s under audit. He has also repeatedly insisted that tax returns provide little financial information. (This is also not true.)

Trump’s repeated attempts to keep his tax returns private – over years – begs the simple question: Why? And there are several potential reasons that jump to mind:

https://www.cnn.com/2022/10/31/politics/donald-trump-tax-returns/index.html

 

[T. A. Gardner]

Let's see: Other than the cited article being pure speculation, it really stretches to come up with five reasons.

One that's interesting is the claim about "his fair share of taxes." What's his fair share? The amount he was supposed to pay even if that was paltry due using tax code to minimize his taxes paid? Or, is it the author of the article whining that Trump doesn't pay huge and excessive amounts of taxes because that's Fair and Equal?

Reason 3 builds off the above. If Trump legally could write off losses and avoid massive taxes, then what's the problem? Oh... The author thinks that would be embarrassing to him because the author would be embarrassed if he did it. Talk about projection...

4 and 5 are really best answered, So? Anybody doing lots of business internationally will have foreign partners, investors, etc. As for donating to charity, the Left are the skinflints there. Bet AOC doesn't donate a dime, as one example.

 

[SmarterthanYou]

what I find amusing is that anybodies tax returns can show minimal tax payments due to 'tax codes'..............but what most people, especially liberals, wish not to discuss is how those tax codes/tax shelters came about and it was their own elected representatives..........so if you need to blame someone for not paying their fair share, look to who you voted for

 

[BartenderElite]

I doubt he gives much to charity. That would probably be a bit embarrassing for someone w/ so much money.

But man - he REALLY doesn't want anyone to see those returns.

 

[Poor Richard Saunders]

Let's see: Other than the cited article being pure speculation, it really stretches to come up with five reasons.

One that's interesting is the claim about "his fair share of taxes." What's his fair share? The amount he was supposed to pay even if that was paltry due using tax code to minimize his taxes paid? Or, is it the author of the article whining that Trump doesn't pay huge and excessive amounts of taxes because that's Fair and Equal?

Reason 3 builds off the above. If Trump legally could write off losses and avoid massive taxes, then what's the problem? Oh... The author thinks that would be embarrassing to him because the author would be embarrassed if he did it. Talk about projection...

4 and 5 are really best answered, So? Anybody doing lots of business internationally will have foreign partners, investors, etc. As for donating to charity, the Left are the skinflints there. Bet AOC doesn't donate a dime, as one example.

Of course it's speculation. So what?
3 is not built off of 2. The $73 million loss is written off against income in the following years. If you are claiming that Trump is still writing off that loss then you are arguing that Trump is not as great a businessman as he claims he is since it would require that he have income of less than $6 million per year for the last 10 years to still be writing off that loss.


4 is not about foreign partners. We know he has those. It's about foreign loans that could cause him to act in certain ways to not risk the loans.

Then you speculate falsely about AOC? Gotta love your attack on speculation after that doozy.

AOC raises nearly $5 million in Texas relief efforts

https://www.cnn.com/2021/02/21/politics/alexandria-ocasio-cortez-texas-relief/index.html

At least AOC doesn't use money that she raised for charitable purposes to buy paintings of herself.
https://news.yahoo.com/trump-bought-painting-60k-using-charity-cash-kept-084949204.html

 

[SmarterthanYou]

I doubt he gives much to charity. That would probably be a bit embarrassing for someone w/ so much money.

But man - he REALLY doesn't want anyone to see those returns.

yeah, given this EXTREME reluctance to have them viewed, what is it exactly that he's hiding? maybe there is charity there, but it's to BLM and other minority related charities that would destroy his chances of running for 2024?

 

[archives]

Funny, reasons two, four and five have already been proven, with one about to be in the NYC case.

Trump knows his tax returns would uncover groves of information he doesn’t want Americans to know, he is running for President, and the last thing he wants to do is have to address additional questions in his record, plus, some of what is revealed could bring down parts of his businesses

 

[archives]

Let's see: Other than the cited article being pure speculation, it really stretches to come up with five reasons.

One that's interesting is the claim about "his fair share of taxes." What's his fair share? The amount he was supposed to pay even if that was paltry due using tax code to minimize his taxes paid? Or, is it the author of the article whining that Trump doesn't pay huge and excessive amounts of taxes because that's Fair and Equal?

Reason 3 builds off the above. If Trump legally could write off losses and avoid massive taxes, then what's the problem? Oh... The author thinks that would be embarrassing to him because the author would be embarrassed if he did it. Talk about projection...

4 and 5 are really best answered, So? Anybody doing lots of business internationally will have foreign partners, investors, etc. As for donating to charity, the Left are the skinflints there. Bet AOC doesn't donate a dime, as one example.

You really can’t be that naive

Currently, he is on trial for over and under validating his holdings, which could effect his tax and what he paid, and who he borrows from and the terms of the loan could weigh heavily on the way a President directs foreign policy

Already been determined in Court he cheated even his own charity

 

[T. A. Gardner]

You really can’t be that naive

Currently, he is on trial for over and under validating his holdings, which could effect his tax and what he paid, and who he borrows from and the terms of the loan could weigh heavily on the way a President directs foreign policy

Already been determined in Court he cheated even his own charity

The only way someone can actually know what a property is worth at any given time is to sell it. That's what it's worth. Anything else is an estimate whether it is made by the tax assessor, the bank, some property valuation group like Zillow, or the owner. Trying to peg that on Trump is going to be really tough going for the prosecution.

 

[evince]

Donnie could end all speculation by offering the information up to all Americans

 

[archives]

The only way someone can actually know what a property is worth at any given time is to sell it. That's what it's worth. Anything else is an estimate whether it is made by the tax assessor, the bank, some property valuation group like Zillow, or the owner. Trying to peg that on Trump is going to be really tough going for the prosecution.

We’ll see, but if he set the value low at one point to get a tax break and then shortly thereafter claimed the property was way more to obtain a loan, the apparent intentional discrepancy is criminal

 

[Bourbon]

 

[Yakuda]

CNN —
Donald Trump asked the Supreme Court on Monday to stop the turning over of his tax returns to a House committee, the latest in a series of attempts by the former President to keep that information from going public.

Chief Justice John Roberts on Tuesday agreed to put a temporary hold on a lower court’s order requiring the Internal Revenue Service to release Trump’s tax returns to the Democratic-controlled House Ways and Means Committee.

“No Congress has ever wielded its legislative powers to demand a President’s tax returns,” Trump said in his emergency request to the Supreme Court.

Trump broke with recent tradition for presidents and presidential candidates by refusing to release his past tax records, insisting that he was under audit and therefore could not release the returns. He can release them even while he’s under audit. He has also repeatedly insisted that tax returns provide little financial information. (This is also not true.)

Trump’s repeated attempts to keep his tax returns private – over years – begs the simple question: Why? And there are several potential reasons that jump to mind:

https://www.cnn.com/2022/10/31/politics/donald-trump-tax-returns/index.html

There is only one reason needed it's no one's freaking business

 

[Callinectes]

Damn. Can’t the guy just really want to do something purely on principle? There’s no requirement for this, just a bunch of jackalasses (new word I just made up, cross between a jackal and a jackass) trying to hunt for something to prosecute him on.

If you want to find out his tax history, just google how many times he’s been to tax court and how many times he’s won and lost. That’s the real juicy stuff, isn’t it?

Seriously doubt any of you communazi fucks here would understand what’s in those documents anyway.

Hell, if he’s cheating the fucking irs he’s my hero. Willingly giving money to this government is like giving fentanyl to George Floyd.

 

[PostmodernProphet]

We’ll see, but if he set the value low at one point to get a tax break and then shortly thereafter claimed the property was way more to obtain a loan, the apparent intentional discrepancy is criminal

lol....no......its not criminal......

by the way the #1 reason not to give the documents to Congress is they have no right to see them and if they get them one of them will pass them on to Rachel Maddow to put on MSNBC.....

 

[T. A. Gardner]

We’ll see, but if he set the value low at one point to get a tax break and then shortly thereafter claimed the property was way more to obtain a loan, the apparent intentional discrepancy is criminal

That likely won't fly unless the two were at most a couple of weeks apart and the discrepancy was huge. Even then, if you used a maximum value on one that is at least in the realm of possibility and a minimum value on the other that is likewise, that too won't fly as a criminal charge. The values would have to be completely unrealistic.

 

[T. A. Gardner]

lol....no......its not criminal......

by the way the #1 reason not to give the documents to Congress is they have no right to see them and if they get them one of them will pass them on to Rachel Maddow to put on MSNBC.....

Precisely. Congress has no legitimate legislative purpose in seeing Trump's tax returns. That is a constitutional restraint on Congress. They can't just investigate whatever they want for whatever reason they choose.

 

[Grokmaster]

CNN —
Donald Trump asked the Supreme Court on Monday to stop the turning over of his tax returns to a House committee, the latest in a series of attempts by the former President to keep that information from going public.

Chief Justice John Roberts on Tuesday agreed to put a temporary hold on a lower court’s order requiring the Internal Revenue Service to release Trump’s tax returns to the Democratic-controlled House Ways and Means Committee.

“No Congress has ever wielded its legislative powers to demand a President’s tax returns,” Trump said in his emergency request to the Supreme Court.

Trump broke with recent tradition for presidents and presidential candidates by refusing to release his past tax records, insisting that he was under audit and therefore could not release the returns. He can release them even while he’s under audit. He has also repeatedly insisted that tax returns provide little financial information. (This is also not true.)

Trump’s repeated attempts to keep his tax returns private – over years – begs the simple question: Why? And there are several potential reasons that jump to mind:

https://www.cnn.com/2022/10/31/politics/donald-trump-tax-returns/index.html

Because he is entitled to privacy as is any citizen.

 

[PostmodernProphet]

Precisely. Congress has no legitimate legislative purpose in seeing Trump's tax returns. That is a constitutional restraint on Congress. They can't just investigate whatever they want for whatever reason they choose.

actually, the last three years proves they do nothing BUT investigate whatever they want for whatever reason they choose.....that's why they are losing the election.....they didn't spend any time watching over their real business.......