Saturday, September 17, 2016

Trump Tax Returns


“I’ve taken advantage of the laws of this country, like other people,” Mr. Trump has said.

“The Declaration of Independence tells us that all men are created equal, but the government definitely favors real estate investors!” wrote one such investor, David Lindahl. Where did this appear? “Trump University Commercial Real Estate Investing 101.”

So the moral of this story is, until tax laws are changed, Donald Trump is taking deductions and paying the least amount possible (as is every other taxpayer in America) and filing his returns within the laws of the United States, all scrutinized by his many tax attorneys and CPA's to ensure they are all correct and legal.

Trump does have a tax plan that was revealed four months ago:
Called the “1-5-10-15” income tax plan–
* Those making up to $30,000 will pay 1 percent.
* Income from $30,000 to $100,000 results in a flat 5 percent.
* $100,000 to $1 million income will be taxed at 10 percent.
* On $1 million or above will be taxed 15 percent.

9 comments:

Anonymous said...

Release your tax returns if you want my vote.

Lynn Anderson said...

Release the 33,000 e-mails. Tell the truth on the Clinton Foundation. Tell us how you made all your millions since being Secretary of State. Admit that you lied about Benghazi.
You still won't get my vote.

Anonymous said...

I like Trump's tax plan.

Anonymous said...

Let's stick with the subject of tax returns. What is Trump afraid of that he won't show his tax returns? It's got to be something he doesn't want people to see.

Lynn Anderson said...

Besides being under an extensive audit, it has everything to do with little sheeple coming out from under the woodwork tearing everything apart like you love to do.

Anonymous said...

from what I have read he is taking every tax advantage he can legally.he has my vote and his tax change makes a lot of sense.thats what they are afraid of.MAKE AMERICA GREAT AGAIN

Anonymous said...

The last time we had Republican tax cuts with no way to pay for them we all did GREAT!! We got the GREAT RECESSION. Yeah!!! Now wasn't and isn't that still just great.

Lynn Anderson said...

This blog was about trump's personal tax returns.
However,
Democrats blocked the reforms that John McCain tried to make with stronger regulation with Fannie Mae and Freddie Mac. Even Bill Clinton said that they should have tighten up on Fannie and Freddie.
Loans soared to dead beats buying in an inflated market. Then, the bubble burst. And, taxpayers were on the hook for billions.
It had nothing to do with Republicans lowering taxes.

Lynn Anderson said...

To the person who attempted to post here at 11:02 this morning, your comment is rejected. It is full of personal attacks and unfounded opinion. I would suggest that you write your own liberal, progressive, left-wing lying blog. Thanks so much. :)