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Forums - Politics Discussion - Trump's Taxes and the media

The NY Times is hypocritical. They are uber liberal/progressive and for them to not pay taxes is disgusting.
Same with General Electric, whose CEO is a fervent Obama/Democrat supporter and GE pays I think $0 in taxes every year.

And no, I'm not a Trump supporter. But I'm not a Hillary supporter either. Just calling it out as I see it.



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Zkuq said:
Locknuts said:

Everything Trump and the NY Times have done tax-wise is perfectly legal.

Yes, that's the point of loopholes. Still doesn't mean it's ethical to use them and one might wonder if the laws should be changed in that regard.

Also, this doesn't exactly paint a good picture of Trump's skills as a businessman. You've probably done something pretty terribly if as a result you don't have to pay taxes for 18 years.

I would want the people I work for to use whatever laws are available to cut back on corporate taxes owed.  

Whether the laws should be changed is a different argument. 



l <---- Do you mean this glitch Gribble?  If not, I'll keep looking.  

 

 

 

 

I am on the other side of my sig....am I warm or cold?  

Marco....

Locknuts said:

So.....apparently Trump taking a loss during the same 90's recession that adversly affected my family does not mean that he should get tax breaks to an equivalent amount in the following years....

At first I though the journalists pedalling this garbage simply didn't understand how the tax system works. However the New York Times (who helped instigate this whole thing) didn't pay any tax in 2014 - so obviously management there are using the same accountant trickery that Trump and other wealthy people have access to, while at the same time approving these hypocritical articles regarding Trump.

Everything Trump and the NY Times have done tax-wise is perfectly legal. They both have a responsibility to shareholders to pay as little tax as possible. (For the record, I think buying shares is tantamount to gambling and will never do it. Particularly as speculation is the achilles heel of free market capitalism).

The fact that the mainstream media would risk time in jail (by releasing Trump's tax returns without his authority, I presume....) and at the same time show such obvious hypocrisy, reeks of desperation. It shows that they have become so detached from reality that the public no longer trust them and they are resorting to extreme measures to ensure that this man does not get in.

Reading all these articles at first I thought Trump was a complete lunatic. But so much has been taken out of context. He is inconsistent on many issues, but he is far from the raging white supremacist monster that he is made out to be. I'm Australian so it took me a while to even bother fact checking all these stories, but now that I have compared what has been said by Trump to what the lying mainstream media say about him, I honestly believe that he may be able to fix the broken American system that is dragging the rest of the world down with it.

TRUMP 2016

 

the orange guy is a con man and you're being duped just as hard as those people signing up for trump 'university' were.

what's sad is that this ignorance might blast the entire world economy (if he won't just clown his way into WW3) and people who can't even vote will suffer the consequences.

but hey... hopefuly the Turd Sandwich can come up ahead of the Giant Douche just this one time.



just to add a bit to this conversation, here are some tweets Trump made about other people paying little to no taxes: http://time.com/4516001/donald-trump-taxes-twitter/

If I can, I'll try to hunt down some recent hypocritical statements that Chris Christie and Rudy Guiliani said about these tax reports too. But basically, this whole mess is quite glaring for its hypocrisy.

Edit: peeled this off of Reddit: Giuliani in 2012 after Romney's 47% comment said:

>Mr. Giuliani said Mr. Romney should be proud of the remarks.

>**“If I were Governor Romney, I would say that I am glad I had the courage to raise an issue nobody else would raise — that too high a percentage of Americans are not paying taxes and that it’s dangerous when we start to get to half of the country not paying taxes,”** he said “And what I want to do is put those people to work so they can pay taxes and I think Gov. Romney should not be embarrassed about his remark.”

http://www.toledoblade.com/Politics/2012/10/10/Guiliani-uses-Toledo-appearance-to-bash-Obama-plug-Romney-and-Mandel.html

---

Chris Christie, [who also called Trump a genius for not paying taxes](http://pix11.com/2016/10/02/christie-says-trump-a-genius-if-avoiding-taxes/), said about Romney's 47% comment:

>**Mr. Christie said he thinks the GOP nominee simply believes that all Americans “should have skin in the game,”** and that the current administration has allowed government to become too large and expensive.

>**“Everybody should be part of the fair shared sacrifice,”** Mr. Christie said. “And [Mr. Romney] wants everybody to be able to have the opportunity to be able to lift themselves up and their families up.”

http://www.washingtontimes.com/blog/inside-politics/2012/sep/19/christie-focus-romney-47-percent-shows-media-bias/



It's unethical to legally not pay taxes and use it for a good purpose instead of donating (it's not tax if it's not mandatory) to a squandering government? Is this truly what Hillary supporters believe?



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Locknuts said:

Everything Trump and the NY Times have done tax-wise is perfectly legal. They both have a responsibility to shareholders to pay as little tax as possible.

 

Remind me again who the shareholders are for Trump's personal income tax returns?  His family?

Also, for the statement about the leak being illegal...

"Borchers alleges that the Times violated a federal statute that forbids the publication of “any [tax] return or return information” in “a manner unauthorized” by law. What Borchers does not understand is that this statute applies only to documents submitted to the federal government. (By its own terms, the statute pertains to “any return or return information (as defined in section 6103(b))”; that section defines “return” as tax information “filed with the Secretary [of the Treasury]”—i.e., federal tax data.)* The Times published portions of tax returns from state filings in New York, New Jersey, and Connecticut. Federal law simply doesn’t punish the disclosure of state tax documents. For that matter, neither does relevant state law: New York, New Jersey, and Connecticut do not have any parallel statutes governing unauthorized publication of tax returns. The Times disclosures, in other words, were perfectly legal.

But just imagine for a moment that these states did criminalize the publication of unlawfully obtained tax returns. There is absolutely no way under the Constitution that the government could punish the Times for breaking these theoretical laws. The First Amendment vigorously protects speech on a matter of public concern; indeed, First Amendment protections are never more robust than when they pertain to speech about a candidate for elective office. Yes, the Times likely printed returns that were illegally obtained. But under the First Amendment, that doesn’t matter: The Constitution also protects the disclosure of illegally intercepted speech on a matter of public concern. If the government attempted to prosecute the Times for its Trump story, any judge with cursory knowledge of the First Amendment would laugh prosecutors out of court."

http://www.slate.com/blogs/the_slatest/2016/10/02/the_new_york_times_did_not_break_the_law_by_publishing_trump_s_tax_returns.html

 

This bullshit makes me want to see a flat tax implemented with no loopholes.  Getting rid of all loopholes (yes even child credit) would get rid of almost 3/4 of lobbyist.  Fuck the lobbyist and the tax dodging loopholes they represent.



Lrdfancypants said:
Zkuq said:

Yes, that's the point of loopholes. Still doesn't mean it's ethical to use them and one might wonder if the laws should be changed in that regard.

Also, this doesn't exactly paint a good picture of Trump's skills as a businessman. You've probably done something pretty terribly if as a result you don't have to pay taxes for 18 years.

I would want the people I work for to use whatever laws are available to cut back on corporate taxes owed.  

Whether the laws should be changed is a different argument. 

I wouldn't consider it a separate argument. If the laws should be changed, it means there's something wrong with the current laws, which in turn makes abusing the existing law morally shady. We're pretty much talking about the morality of Trump evading taxes here, and I don't think we can fully dismiss 'should be law be changed' as an argument then. It's not the main point but it's still related.



The only way he could shine this into a positive is if his tax plan was a flat tax (perhaps with a few brackets for how much income earned) with zero loopholes. His tax plan calls for a reduction in rates (mainly for top brackets) with loopholes still in place. He has no leverage here and I don't want to hear carried interest bullshit brought up. There are ways around that thanks in part to loopholes.



There are a few things that the OP is keeping out. First its not that Trump did not pay taxes in the past, its been stated and not disputed by Trump or any of his surrogates that Trump has not paid taxes for like 18 years. Thats a hell of a long time not paying taxes while he claims to be worth 6 billion. Why this is an issue is that Trump campaign started out saying that he is beholden to no rich fat cat because he is a billionaire. If Trump is still eating billion dollar losses where he still does not pay any taxes it comes into question how much debt he has and if he really is this rich guy who cannot be bought.

The second point is that if Trump continues to still not pay taxes who holds his debt. If he is still taken billion dollar losses that mean all the deal he personally put his name to he is borrowing money from somewhere. Is it the Chinese Bank, Germany Deutsche, good old Russia. Its definitely not US banks because they will not lend to him anymore after the bankruptcies.

Next we have a situation where Trump has claimed to have paid millions to charities. Later on we find out that he has used his Foundation money to pay charities in his name or used their funds to settle court cases things like that.

With that all said, Trump is now making statements that he knows how the tax codes and everything works and he is the best person to fix it. The problem I have with this is he has stated no plan. He use to talk about the carried loophole during the primaries but that line of talk has totally disappeared when he won the primary and formed his mostly billionaire fund manager economic team.

To sum this up, this is just another issue concerning Trump character that goes on a huge pile where he has shone that he is dishonest, he will say anything to anyone to make a deal he has no plans of honoring his word whether said, written or in a contract. It goes to show that lying is one of his best business tactics, that he does not give back any of the billions that he has made, that he will exploit any system or people to get what he wants.



Zanten said:
I still don't get this entire situation.

There being concerns against Hilary, totally get. She seems a chameleon who just kind of adopted some of Bernie's more PR-pleasing policies, and in my opinion at least her stance seems fairly artificial. I.e., whereas with Sanders I had the impression that this was a guy who very much meant every word he said- and that even if, as president, he couldn't live up to all he hoped to achieve, he was still going into this VERY much prepared to fight for those goals- with Clinton it feels more like she's saying whatever will help get her foot in the door.

But... with all that said, how is Trump a viable alternative?

If I were JUST to look at the things Clinton has been criticized on and say 'Okay, so how is Trump better in that regard?' I'm left drawing blanks. He isn't more honest than Clinton. He isn't more ethical, or more generous, or more composed, or more competent, or... pretty much ANY trait that I would deem positive or 'Presidential.' o_O Even in the areas Clinton comes up short, Trump ties with her at best, and comes up even shorter at worst.

Honesty is something that the OP mentions specifically with regards to the 'lying mainstream media.' Trump seems to have a reputation among his supporters for being honest, and I can't figure out why that's the case.

Is it because he says lots of stupid things that most politicians would keep quiet about/phrase more delicately? That because he said a female reporter had 'blood coming from her wherever,' Trump somehow 'tells it like it is,' unlike those mean ol' politicians who just lie, lie, lie...

...because yeah, politicians spinning falsehoods is something so embedded in their very identity now, it's become a cliche, and this applies to Clinton as well. If I recall correctly, fact checkers estimated she made demonstrably false claims/lied 4 times during her debate with Trump, and there are those in Trump's camp who would be quick to point at them at signs of her dishonesty.

So if Trump's ill-thought-out statements were joined hand-in-hand with honesty and accountability to the facts, then that MIGHT be worth it as a trade-off.

Except that during the same debate, Trump was found to made false claims/lies 34 times. Not a typo, that's thirty-four times. So... basically we have a man who says lots of offensive and stupid things, AND lies more frequently. How is this in any way an improvement?

* * *

The concept of honesty also brings us to those tax statements, and why Trump's campaign was so eager to keep the matter under wraps for as long as possible. Because even if it's legal, it's kind of hard to claim 'I'm looking out for the average American' when it turns out you've been ducking out the same bills those average Americans have to pay.

And Trump, or those who run his campaign, know that. It's why there was such a frantic song-and-dance around not releasing them in the first place, and his lie about it being due to the audit the IRS was putting him through was meant to try and plug the speculative void. They wanted people to say 'Oh, he's just not releasing the statements because he's under an audit. I'm sure he's not trying to hide anything! Real salt of the Earth, that man.'

The funny thing is that when the IRS pretty much said 'Uhhh, no, Trump can release his info, we really don't care, the audit isn't preventing him,' Trump's campaign couldn't think of a replacement excuse. That's why he just doubled down and continued to insist it was because the IRS was auditing him.

Of course, now that their backs are up against the wall, it's on to Plan B; 'Trump Not Paying Taxes Is Just Proof Of His Financial Genius!'

* * *

I suppose what this all comes down to; if anyone calls Clinton crooked, or a liar, or dishonest, or self-serving, then yeah, okay, I can see where a lot of it comes from. what I don't see is how they do not then AUTOMATICALLY apply the same descriptors to Trump, because he is very much all of those things in ways that are pretty public! =P

You should copy and paste this as an OP to a new thread.  So much truth.  So little space.  It deserves more than to be lost in a sea of replies.