NYT publishes Trump tax returns

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

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

prosecute away.

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

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.

Axtremus

@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

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

@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.

taiwan_girl

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

@taiwan_girl said in NYT publishes Trump tax returns:

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.

Could very well be true.

Neither reason is enough for breaking the law.

ETA, regarding #1, how many men have gotten POORER during their presidency, (at least in the last 50 years)?

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

Still no call for prosecutions of those who broke federal law by releasing his taxes.

Oh well.

But be careful of what you wish for, you might get it.

Asked in a new Rasmussen Reports survey if the incoming GOP House majority should release the taxes of Democrats who voted to reveal Trump’s taxes, 54% said yes.

And it wasn’t just Republicans, 63%, and independents, 53%, but included more Democrats than not. Rasmussen said that 45% of Democrats wanted the taxes of the Trump critics released to 38% who didn’t.

The partisan divide was much wider on the overall question of releasing Trump’s taxes, which is to be completed Friday by House Democrats. Some 53% said they approved of the release to 40% who disapproved.

Democrats especially were supportive, with 79% approving of the release. Among Republicans, 63% disapproved.

Sunlight, and all.

I think it was Pelosi who claimed that releasing the tax returns of other politicians is "different" because they're not the president.

Mik

A very facile claim.

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

@Mik said in NYT publishes Trump tax returns:

A very facile claim.

You misspelled "hypocritical."

89th

@taiwan_girl said in NYT publishes Trump tax returns:

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.

Bingo

Mik

I think it's also true that most people would not begin to understand his tax returns. I'm not sure he would.

That he didn't take as much income as people might think in no way reflects how much he made.

mark

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

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

True! I look at my W2, assemble the other deductions, hand everything over to the accountant, find out if I owe or not, then I put it in the file cabinet, and never even look at the return.

Mik

@mark me too.

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

And what were the yuge revelations?

Jolly

@Mik said in NYT publishes Trump tax returns:

I think it's also true that most people would not begin to understand his tax returns. I'm not sure he would.

That he didn't take as much income as people might think in no way reflects how much he made.

He didn't file 1040EZ?

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

Ann Althouse comments:

=-=-=-=-=-=-=-=-=-=-=-=-=-=-=

".... the final nail in his coffin...."

A bunch of links about Trump's newly dumped tax forms — beginning with the screwiest one:

Yeah, thanks. I'll try not to let "cynics" dissuade me from pounding nails into coffins. What had stood out to me was that no one seemed to see any crimes, so it's certainly cheerful to have The Daily Beast come along and declare — who needs crimes? — that there's never been a better reason to throw Trump in prison.

Doctor Phibes

I think the best reason to release them was that he so clearly didn't want to disclose them.

I know, it's childish and stupid. But so is he.

Mik

If the Daily Beast says it it’s automatically wrong.

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

@Mik said in NYT publishes Trump tax returns:

If the Daily Beast says it it’s automatically wrong.

More in that article at The Beast:

Among other things, Trump’s tax returns make a strong case for restoring the law that until 1924 made all income tax returns public. Newspapers back then ran long lists showing the income of and taxes paid by the wealthiest Americans.

With no evidence of cheating, they say that he "can" cheat.

People like Trump who earn money from legal sources can cheat like crazy on their tax returns with almost nothing to fear. That’s because fewer than 600 people at all income levels are convicted of tax fraud in a typical year.

And then they speculate;

A little-known reason the IRS rarely audits someone like Trump, even if there are indications of brazen fraud, is that if an audit will not raise any revenue immediately, it looks bad on IRS performance reports.

And unfamiliar with the "bill of attainder" concept:

The Trump tax returns also reinforce that Congress should pass a law directing the IRS to make public years of income tax returns for any presidential candidate who meets a low threshold—say, winning two primaries, or being nominated by a political party.

It was NOTORIUS!

As for his now-notorious avoidance of audits, how did Trump duck what Biden, Obama, and every other president else going back to the late 1970s did not? Easy. Trump appointed both the IRS commissioner, Charles Rettig, and his boss, Treasury Secretary Steve Mnuchin.

Here's that bill of attainder stuff again:

Looking forward, Congress should pass a law imposing serious fines and perhaps even prison time for any IRS commissioner or Treasury secretary on whose watch any presidential tax return isn’t promptly and thoroughly audited.

Copper

Eliminate the income tax.

Problem solved.

The New Coffee Room

NYT publishes Trump tax returns