Showing posts with label tax return. Show all posts
Showing posts with label tax return. Show all posts

Monday, January 22, 2018

Tax Filing Reveals Thousands Eric Trump's Foundation Paid To Trump Org -- TPM

A new tax filing shows that Eric Trump's charity golf tournaments did in fact pay tens of thousands of dollars to Trump properties, despite Eric Trump's earlier assertions that much of the group's expenses were written off by his father's businesses, the Daily Beast and Forbes reported late last week. ....
https://talkingpointsmemo.com/livewire/eric-trump-foundation-thousands-trump-organization

Tuesday, July 25, 2017

The President at War -- TPM

The Times and the Post tonight both have stories out reporting the Trump legal team's expanding war against Special Counsel Robert Mueller and – hyperbolic as it may sound to say – the law itself. While there are a number of individual dimensions to the stories, the larger story, especially from the Post, is that the President refuses to allow the law to apply to himself or his family. ...
http://talkingpointsmemo.com/edblog/the-president-at-war

Tuesday, October 18, 2016

Donald Trump has no 'fiduciary responsibility' on his personal tax returns, experts say

..."Mr. Trump is a highly skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required,’ the statement said in part.

But does Trump have a "fiduciary responsibility" to pay as little as possible in personal income taxes? Most experts agreed that no such responsibility exists. ...
http://www.politifact.com/truth-o-meter/statements/2016/oct/09/donald-trump/donald-trump-has-no-fiduciary-responsibility-his-p/


Saturday, October 15, 2016

Buffett Calls Trump’s Bluff and Releases His Tax Data

Warren E. Buffett is not running for president. But on Monday, Mr. Buffett, the billionaire investor, volunteered more detailed information about his income taxes than Donald J. Trump, the Republican nominee, ever has. Mr. Buffett released the information after essentially being called out by Mr. Trump during Sunday night’s presidential debate....
http://www.nytimes.com/2016/10/11/business/buffett-calls-trumps-bluff-and-releases-his-tax-return.html




Wednesday, October 5, 2016

Vox: Whatever is actually in Trump’s tax returns is worse than what the New York Times says

Here’s the thing I can’t get over about the New York Times’s bombshell story on Donald Trump’s tax returns: they don’t actually know what’s in his tax returns. Look at their headline again. “Donald Trump Tax Records Show He Could Have Avoided Taxes for Nearly Two Decades, The Times Found.”

The word “could” is doing a lot of work there. Reread the first sentence. “Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years.”

“Could” is doing all the work there, too. It’s also possible that Trump paid taxes in all of those years! All the Times has is three pages of Trump’s records from 1995. Everything else is informed speculation, extrapolation, and the word “could,” which appears again and again through the article....
http://www.vox.com/policy-and-politics/2016/10/2/13137604/trump-tax-return


Clinton Torches Trump’s Tax Return: ‘What Kind Of Genius Loses $1B' In A Year?

Hillary Clinton let loose on Donald Trump at a Monday campaign rally in Ohio, ridiculing his business acumen and pointing to his recently surfaced 1995 tax return as proof that he “represents the same rigged system that he claims he's going to change.”

“It doesn't look like he paid a dime of federal income tax for almost two decades,” Clinton told an exuberant crowd in Toledo, referring to a New York Times investigation that found the $915 million in losses Trump reported in 1995 could have allowed him to avoid paying any federal income taxes for 18 years.

“While millions of American families, including mine and yours, were working hard, paying our fair share it seems he was contributing nothing to our nation,” she continued. “Imagine that. Nothing for Pell grants to help kids go to college. Nothing for veterans. Nothing for our military.”...
http://talkingpointsmemo.com/livewire/hillary-clinton-torches-trump-tax-returns-ohio-speech


Trump On Leaked Tax Return: It’s My Job To Game The System! (VIDEO)

Donald Trump acknowledged Monday that he had been a “big beneficiary” of America’s complex tax laws, a distinction which he said uniquely qualified him to “fix” the broken system.

“I understand the tax laws better than almost anyone, which is why I am one who can truly fix them,” Trump said at a campaign rally in Pueblo, Colorado.

“I understand it. I get it. And that is what I commit to do. "I'm working for you now," Trump said. "I'm not working for Trump."....
http://talkingpointsmemo.com/livewire/trump-taxes-rally-pueblo-colorado









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