FBI Raiding Mar-a-Lago/Trump

[GURPS]

Trump who only paid $750 in taxes

So What ? All LEGAL Deductions


Sapidus I thought you were this High End Super Smart Business Dude ... and you do not understand basic tax deductions ?

Trump Paid $750 in Federal Income Taxes in 2017. Here’s the Math.​

The small amount of federal income taxes President Trump paid in both 2016 and 2017 — just $750 each year — has become the focus of much attention since it was revealed in a New York Times investigation. The figures below, drawn from Mr. Trump’s tax-return data for 2017, show how his accountants arrived at that figure for one of those years.

Donald J. Trump’s income in 2017​

$373,629 Wage Includes pro-rated presidential salary and small amounts for film and television appearances.

+6,758,494 Taxable interest Almost $6 million of this is interest income from his investment with Vornado Realty Trust.

+21,984 Ordinary dividends Includes $13,123 from trusts established by his parents and $7,000 from Deutsche Bank.

+7,562,038 Capital gain and other gains Profits from the sale of property or other investments.

+ 84,351 Pensions and annuities Includes a Screen Actors Guild Producers pension of $77,808.

– 15,313,785 Losses on his businesses Losses after deducting expenses from the $536.6 million in gross receipts at Mr. Trump’s core businesses.

–12,306,111 Other income Losses from prior years, counted with other income, further dragged the total into the red.

–$12,819,400 Total income

Although Mr. Trump donates his salary to the government, it is subject to income tax along with his other earnings. But because Mr. Trump’s overall income was negative, he did not owe regular income tax on any of it.

He was, however, still subject to the Alternative Minimum Tax, a parallel tax system that reduces the benefit of some deductions, preventing wealthy people from erasing their tax liability altogether. Most significantly, the A.M.T. formula disallowed $45 million in losses that Mr. Trump had carried over from prior years.

Mr. Trump’s tax bill in 2017​

$ 7,435,857 Alternative Minimum Tax
- 7,435,107 General Business Credit
$750 Total income tax due

 

[GURPS]

and help to close loop holes of tax cheats, billionaires and mutl millionaires.

Loop Holes .....


Yesterdays LEGAL DEDUCTIONS TO INCENTIVIZE are today's vilified Loop Holes


and what do you have against people with MONEY ?

Maybe Michael Moore should be taxed on his 160 million dollars Why does Bernie need 3 HOUSES

Obscene Sports and Hollywood Salaries

 

[GURPS]

Then i backed up my assertion with proof that Trump only paid $750 and yet you continue to deny the obvious facts. It doesnt' bother you Trump paid less taxes than you?

Based on LEGAL Tax Deductions ....... do you have a problem with Tax Deductions for business losses

 

[GURPS]

while the truth is out there and clearly shows it wasn't.

What FACTS Are Those

 

[GURPS]

Ukraine is an ally Russia is our enemy.

Ukraine is as CORRUPT as Russia

 

[Kyle]

Loop Holes .....

What's really fascinating with these dolts is that you would think they'd notice all the "Super Rich" that donate and support Democrats never seem to get poorer with Democrats tax hike schemes.

Just the working class.

 

[GURPS]

Going after tax cheats like Trump who only pay $750 on a supposed billionaires income is where the IRS is going to audit and make them pay their fair share.

Where exactly did Trump CHEAT ..... you should notify the IRS and get5 your whistle blowers pay out

 

[Kyle]

Ukraine is as CORRUPT as Russia

Hell... Right now, the U.S. is as corrupt as Russia.

 

[SamSpade]

Where exactly did Trump CHEAT ..... you should notify the IRS and get5 your whistle blowers pay out

Maybe that's why they need 87,000 more - they've been looking at his taxes for years and unable to find criminal behavior.

 

[Sneakers]

Maybe that's why they need 87,000 more - they've been looking at his taxes for years and unable to find criminal behavior.

Like putting up huge computer farms just for mining Bitcoin... eventually you'll find something.

 

[Kyle]

What's most amusing is they act like Trump actually does his own taxes.

The accountants and tax lawyers he pays went through the tax code to get EVERY deduction available. And the people that work for Bezos, Gates, Jobs, Huang, Dell, Zuckerberg, Ellison... All do EXACTLY the same.

 

[Bare-ya-cuda]

Trump and the republicnas cut the number of IRS agents. There is a years long backlog. The IRS audits vastly skew toward people like Trump who only paid $750 in taxes. Hiring these new agents will replace what Trump cut and help to close loop holes of tax cheats, billionaires and mutl millionaires. The alternative to collect actual taxes owed is to raise sales taxes. Would you prefer that? Or do you just want crumbling infrastructure that we have no money to pay for?

Show me the return where he only paid $750! If you can show us you are just repeating crap you have seen in memes on Facebook. No money to pay for infrastructure? Lmao. Take a look at how much money we spend on illegals and giving aid to other countries that hate America. If they would EliMinate wasteful spending there wouldn’t be any need for more taxes.

 

[StmarysCity79]

Show me the return where he only paid $750! If you can show us you are just repeating crap you have seen in memes on Facebook. No money to pay for infrastructure? Lmao. Take a look at how much money we spend on illegals and giving aid to other countries that hate America. If they would EliMinate wasteful spending there wouldn’t be any need for more taxes.

It was already linked above.

it was 2 years 2016 and 2017

Donald Trump 'paid $750 in federal income taxes in 2016 and 2017' - NY Times

The New York Times alleges years of tax avoidance, a claim the US president calls “fake news”.

www.bbc.com

 

[Bare-ya-cuda]

I thought you were going to jump to groomer or pedo. The third word you guys know when you cant counter the facts.

Your shtick has become tiresome.

Deny all truths, cal; the other side Pedo's and lie lie lie

This shows post affirms you are an MPD. What a loser you are.

 

[Bare-ya-cuda]

It was already linked above.

it was 2 years 2016 and 2017

Donald Trump 'paid $750 in federal income taxes in 2016 and 2017' - NY Times

The New York Times alleges years of tax avoidance, a claim the US president calls “fake news”.

www.bbc.com

That’s not the return, that’s news article more than likely written by a biased individual. Not a reliable source #fail

 

[GURPS]

That’s not the return, that’s news article more than likely written by a biased individual. Not a reliable source #fail

naaa the NYT ILLEGALLY were provided copies of Trumps Tax Returns -

 

[CPUSA]

Trump demands loyalty you know that.

Which is why he appointed Wray.

Now you believe Wray to be somehow compromised because he authorized a search of Mar a Lago.

Which makes no sense.

My GOD!! Your degree of stupid knows no limitations, does it?
And yet, you keep posting your idiocy like you believe it's factual...What an embarrassment to mankind...

 

[stgislander]

naaa the NYT ILLEGALLY were provided copies of Trumps Tax Returns -

Didn't Rachel Madcow get her pee pee slapped for that?

 

[StmarysCity79]

Oh they mean Classified Classified:

"The FBI was reportedly looking for documents related to nuclear weapons when they raided former US President Donald Trump's home in Mar-a-Lago, according to a Thursday report from The Washington Post."

https://www.jpost.com/breaking-news/article-714558

 

[Bird Dog]

Oh they mean Classified Classified:

"The FBI was reportedly looking for documents related to nuclear weapons when they raided former US President Donald Trump's home in Mar-a-Lago, according to a Thursday report from The Washington Post."

https://www.jpost.com/breaking-news/article-714558

I love the words "reportedly", "maybe", "might of ", "possibly", "could of", "if", etc. ......you facists use them like they are facts...