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The New Coffee Room

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  3. NYT publishes Trump tax returns

NYT publishes Trump tax returns

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  • MikM Mik

    What legitimate interest does the committee have to seek his tax returns, much less publish them? The fact that he did not turn them over as a candidate is, to me, nothing. No candidate before him that did was required to do so.

    AxtremusA Offline
    AxtremusA Offline
    Axtremus
    wrote on last edited by
    #138

    @Mik said in NYT publishes Trump tax returns:

    What legitimate interest does the committee have to seek his tax returns, ...

    https://www.npr.org/2022/11/22/1136846873/supreme-court-trump-tax-returns

    "The House Ways and Means Committee argued that it needs the information contained in Trump's tax returns to meaningfully evaluate the IRS's presidential audit program. The Committee says it is considering implementing greater legislative oversight of financial activities conducted by presidents. In particular, it is investigating whether the current IRS audit program is able to adequately enforce the nation's tax laws against a president, like Trump, who has complex business holdings."

    These rationales have passed muster with multiple court reviews and appeals.

    1 Reply Last reply
    • George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #139

      HEre's the law:

      (f)Disclosure to Committees of Congress
      (1)Committee on Ways and Means, Committee on Finance, and Joint Committee on Taxation
      Upon written request from the chairman of the Committee on Ways and Means of the House of Representatives, the chairman of the Committee on Finance of the Senate, or the chairman of the Joint Committee on Taxation, the Secretary shall furnish such committee with any return or return information specified in such request, except that any return or return information which can be associated with, or otherwise identify, directly or indirectly, a particular taxpayer shall be furnished to such committee only when sitting in closed executive session unless such taxpayer otherwise consents in writing to such disclosure.

      Emphasis mine.

      Seems that the committee is acting outside the word of the law in its release of the information. But then, the New York Times did it a long time ago and there was no prosecution.

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

      1 Reply Last reply
      • jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote on last edited by
        #140

        This went to Scotus. Maybe even twice.

        Only non-witches get due process.

        • Cotton Mather, Salem Massachusetts, 1692
        George KG 1 Reply Last reply
        • jon-nycJ jon-nyc

          This went to Scotus. Maybe even twice.

          George KG Offline
          George KG Offline
          George K
          wrote on last edited by
          #141

          @jon-nyc said in NYT publishes Trump tax returns:

          This went to Scotus. Maybe even twice.

          To release publicly, or just to the committee?

          Is the law I cited outdated?

          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

          1 Reply Last reply
          • AxtremusA Offline
            AxtremusA Offline
            Axtremus
            wrote on last edited by
            #142

            Maybe Trump will file a lawsuit to block the public release of his tax returns. :man-shrugging:

            1 Reply Last reply
            • 89th8 Offline
              89th8 Offline
              89th
              wrote on last edited by
              #143

              Let me guess, Trump’s taxes confirm he is a loser much more than he’s a winner. Shall I list his bankrupt companies again? I haven’t seen anything yet but I’m pretty confident Trump’s best asset is his ability to communicate and fool others into think he’s more successful than he actually is.

              RenaudaR 1 Reply Last reply
              • 89th8 89th

                Let me guess, Trump’s taxes confirm he is a loser much more than he’s a winner. Shall I list his bankrupt companies again? I haven’t seen anything yet but I’m pretty confident Trump’s best asset is his ability to communicate and fool others into think he’s more successful than he actually is.

                RenaudaR Offline
                RenaudaR Offline
                Renauda
                wrote on last edited by
                #144

                @89th

                Appears that he is just occasionally a loser.

                Elbows up!

                1 Reply Last reply
                • CopperC Offline
                  CopperC Offline
                  Copper
                  wrote on last edited by
                  #145

                  Once again, the law means nothing when it comes to Mr. Trump

                  What a loser, hahaha

                  JollyJ 1 Reply Last reply
                  • CopperC Copper

                    Once again, the law means nothing when it comes to Mr. Trump

                    What a loser, hahaha

                    JollyJ Offline
                    JollyJ Offline
                    Jolly
                    wrote on last edited by
                    #146

                    @Copper said in NYT publishes Trump tax returns:

                    Once again, the law means nothing when it comes to Mr. Trump

                    Law means nothing when Good must triumph over Evil! Or, at least Evil personified.

                    “Cry havoc and let slip the DOGE of war!”

                    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                    1 Reply Last reply
                    • AxtremusA Offline
                      AxtremusA Offline
                      Axtremus
                      wrote on last edited by
                      #147

                      https://thehill.com/policy/finance/3785840-why-democrats-released-trumps-tax-returns/

                      The Hill's attempt to report on why the Democrats released Trump's tax returns.

                      MikM 1 Reply Last reply
                      • bachophileB Offline
                        bachophileB Offline
                        bachophile
                        wrote on last edited by bachophile
                        #148

                        Business expense

                        George KG 1 Reply Last reply
                        • bachophileB bachophile

                          Business expense

                          George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #149

                          @bachophile I looked over and under where I could find something close to being that outrageous. Came up short.

                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                          1 Reply Last reply
                          • AxtremusA Axtremus

                            https://thehill.com/policy/finance/3785840-why-democrats-released-trumps-tax-returns/

                            The Hill's attempt to report on why the Democrats released Trump's tax returns.

                            MikM Offline
                            MikM Offline
                            Mik
                            wrote on last edited by
                            #150

                            @Axtremus said in NYT publishes Trump tax returns:

                            https://thehill.com/policy/finance/3785840-why-democrats-released-trumps-tax-returns/

                            The Hill's attempt to report on why the Democrats released Trump's tax returns.

                            What utter hogwash.

                            “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                            1 Reply Last reply
                            • JollyJ Offline
                              JollyJ Offline
                              Jolly
                              wrote on last edited by
                              #151

                              The one person who lost money...

                              https://hotair.com/david-strom/2022/12/23/about-those-trump-tax-returns-n519691

                              “Cry havoc and let slip the DOGE of war!”

                              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                              markM 1 Reply Last reply
                              • George KG Offline
                                George KG Offline
                                George K
                                wrote on last edited by
                                #152

                                Did he do anything illegal? If so, prosecute away.

                                If you're outraged, change the tax code.

                                I doubt that he was personally involved with these returns. This is how accountants make a living.

                                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                George KG AxtremusA 2 Replies Last reply
                                • George KG George K

                                  Did he do anything illegal? If so, prosecute away.

                                  If you're outraged, change the tax code.

                                  I doubt that he was personally involved with these returns. This is how accountants make a living.

                                  George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #153

                                  @George-K said in NYT publishes Trump tax returns:

                                  prosecute away.

                                  Is anyone going to be prosecuted for breaking Federal law in this case.

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  AxtremusA 1 Reply Last reply
                                  • George KG George K

                                    Did he do anything illegal? If so, prosecute away.

                                    If you're outraged, change the tax code.

                                    I doubt that he was personally involved with these returns. This is how accountants make a living.

                                    AxtremusA Offline
                                    AxtremusA Offline
                                    Axtremus
                                    wrote on last edited by
                                    #154

                                    @George-K said in NYT publishes Trump tax returns:

                                    Did he do anything illegal? If so, prosecute away.

                                    If you're outraged, change the tax code.

                                    I doubt that he was personally involved with these returns. This is how accountants make a living.

                                    If the principal haven't done anything dubious to begin with, the accountant would have no raw material with which to craft questionable tax returns. After all, the accountant still make money when preparing 100% honest tax returns, with lower risks too.

                                    George KG 1 Reply Last reply
                                    • George KG George K

                                      @George-K said in NYT publishes Trump tax returns:

                                      prosecute away.

                                      Is anyone going to be prosecuted for breaking Federal law in this case.

                                      AxtremusA Offline
                                      AxtremusA Offline
                                      Axtremus
                                      wrote on last edited by
                                      #155

                                      @George-K said in NYT publishes Trump tax returns:

                                      @George-K said in NYT publishes Trump tax returns:

                                      prosecute away.

                                      Is anyone going to be prosecuted for breaking Federal law in this case.

                                      There is already a guilty plea:
                                      https://www.nbcnews.com/news/amp/rcna57372

                                      1 Reply Last reply
                                      • AxtremusA Axtremus

                                        @George-K said in NYT publishes Trump tax returns:

                                        Did he do anything illegal? If so, prosecute away.

                                        If you're outraged, change the tax code.

                                        I doubt that he was personally involved with these returns. This is how accountants make a living.

                                        If the principal haven't done anything dubious to begin with, the accountant would have no raw material with which to craft questionable tax returns. After all, the accountant still make money when preparing 100% honest tax returns, with lower risks too.

                                        George KG Offline
                                        George KG Offline
                                        George K
                                        wrote on last edited by
                                        #156

                                        @Axtremus said in NYT publishes Trump tax returns:

                                        If the principal haven't done anything dubious to begin with, the accountant would have no raw material with which to craft questionable tax returns.

                                        If you're really innocent, you don't need a lawyer, and you certainly don't need the 5th amendment, right?

                                        There is already a guilty plea:
                                        https://www.nbcnews.com/news/amp/rcna57372

                                        @Axtremus good.

                                        Now prosecute the House Ways and Means Committee for the same crime.

                                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                        1 Reply Last reply
                                        • taiwan_girlT Offline
                                          taiwan_girlT Offline
                                          taiwan_girl
                                          wrote on last edited by
                                          #157

                                          As I said way way way back when, there are probably two reasons President Trump did not want to release his tax return

                                          he wasn't as smart a business man as he claimed and didn't make as much money
                                          he didn't donate very much money to charity

                                          I think if they examine the returns, I think both will probably be true.

                                          George KG 89th8 2 Replies Last reply
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