Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

StarfishSaver

(18,486 posts)
Thu Jul 9, 2020, 08:34 PM Jul 2020

Please stop wringing your hands because the tax returns won't be released before the election!

Let's suppose the Supreme Court ordered the tax returns to be released tomorrow morning and - yes, this is clearly a hypothetical - let's suppose Trump and his accountants obeyed the Court and actually released them first thing tomorrow.

What do you think would happen?

Here's what I think would occur:

The press would go buck wild trying to get their hands on the records, picking through them, getting experts to pick through them with a fine-toothed comb and the airwaves would be saturated with everyone and their mother analyzing, discussing, dissecting and pontificating about what's in those documents. That's all anyone would be talking about. But most people would be so confused

Meanwhile, Trump and his cronies and enablers would be spinning like crazy, doing everything could to throw sand in everyone's faces, confusing and obfuscating and trying to gaslight everyone into believing that the entry on line 74 on Schedule A doesn't really mean what it says it means. And now let's look at page 215 of the Supplemental Schedule. That proves he did nothing wrong. "Nothing to see here!!!"

And while that's happening, some guy known as "Biden WHO?" would be trying to get some attention and coverage. But everyone would be too busy swimming around in Trump's tax returns to notice him, much less talk about anything he's saying or doing or plans to do for the country if he's elected president.

It would be a big mess with little light or air. We'd all be confused. But one thing would be certain. Not one single mind would be changed. The majority of the country that knows Trump is a crook will still know Trump is a crook. The dwindling minority of voters in Trump's cult either will still not believe Trump is a crook or think there's nothing wrong with him being a crook. And anyone who doesn't fall within those groups will likely be so frustrated and disgusted that no one is talking about any issues they care about, they'll just tune out.

In other words, releasing the tax returns before November won't have any positive effect on the outcome of the election and, in fact, could actually hurt us by distracting from the issues we need to be focusing on.

So, let's step back into the real world and look at where we are. The U.S. Supreme Court today UNANIMOUSLY smacked down Donald Trump, telling him, "No, dude. You are NOT above the law. Take that lame-assed argument out of here." The Court humiliated him today. And he realized today that he is going to have to release those documents. And whether he does it today, in September, in December, or next year, a state court prosecutor is waiting for him. And he can't delay or pardon or bully or shish-talk his way out of that. And that is scaring him to death.

Because here's the thing - Trump couldn't care less whether the voters see his tax returns. He knows that nothing in them is going to make any difference in the election. What he is REALLY afraid of are the prosecutors because he knows those documents are a petri dish of evidence of his decades of criminality. And they're going to take him down.

And, best of all, unreleased, they're just hanging over his head like the sword of Damocles, making them a much more effective weapon than they would be if they'd been spit into the public arena in a massive document dump. From now until November, we can add "What is he hiding?" to the repertoire of refrains that will eventually drum Donald Trump out of office.

29 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Please stop wringing your hands because the tax returns won't be released before the election! (Original Post) StarfishSaver Jul 2020 OP
A lot of people built up something in their minds and this wasn't it. RhodeIslandOne Jul 2020 #1
IKR? StarfishSaver Jul 2020 #2
And Joe can keep asking........... MyOwnPeace Jul 2020 #3
Cy Vance has the shortest path to those records and la-trucker Jul 2020 #4
Yes StarfishSaver Jul 2020 #5
'UNANIMOUSLY' , 9 -0, 9-0. 9-0 empedocles Jul 2020 #6
By the time they are released FM123 Jul 2020 #7
Yep, Trump being crooked is a feature not a bug to his MAGA Cultist uponit7771 Jul 2020 #8
It's coming StarfishSaver Jul 2020 #9
+1, changed my reply cause..."If he had sex with their dead bodies (mine)" is true, There's nothing uponit7771 Jul 2020 #11
In your scenario, how would the press weaponeer Jul 2020 #10
The premise of my scenario is that the returns are released immediately. StarfishSaver Jul 2020 #12
To the public? Why would they do that? weaponeer Jul 2020 #13
It's a hypothetical to help demonstrate why the returns not coming out before November StarfishSaver Jul 2020 #14
Ah. OK, I get it weaponeer Jul 2020 #15
No problem StarfishSaver Jul 2020 #16
Very few are doing that!!! Lighten up! nt USALiberal Jul 2020 #17
I don't care if all the returns are released. But what if some things in the tax returns are all pnwmom Jul 2020 #18
The IRS has had his tax returns for decades. former9thward Jul 2020 #19
The returns themselves don't necessarily reveal the crimes StarfishSaver Jul 2020 #20
No and No. former9thward Jul 2020 #21
Yes and yes StarfishSaver Jul 2020 #22
I don't have the faintest idea what they will show. former9thward Jul 2020 #26
Vance is looking for how the payments to Stormy Daniels were reported. Lock him up. Jul 2020 #27
Let's just say an illegal deduction was taken. former9thward Jul 2020 #28
You forgot Cohen's tape(s?)... Lock him up. Jul 2020 #29
The media seemed to truly believe they'd have his tax returns by noon mcar Jul 2020 #23
No, the media wanted the Repubes to believe his taxes would be released so they would freak out... cbdo2007 Jul 2020 #25
Most people don't care MoonlitKnight Jul 2020 #24
 

RhodeIslandOne

(5,042 posts)
1. A lot of people built up something in their minds and this wasn't it.
Thu Jul 9, 2020, 08:37 PM
Jul 2020

Like somehow the justices were going to walk out on the steps and hand out Trump's bank records.

MyOwnPeace

(16,923 posts)
3. And Joe can keep asking...........
Thu Jul 9, 2020, 08:41 PM
Jul 2020

"Mr. President, what ARE you HIDING?!"

EVERY single time they are together on a stage.

EVERY debate - let that be the first thing JOE says!

He's gone - he's toast - a BLUE SUNAMI!!!!!

GET OUT THE VOTE!!!!!!!

 

la-trucker

(283 posts)
4. Cy Vance has the shortest path to those records and
Thu Jul 9, 2020, 08:47 PM
Jul 2020

if he files a criminal complaint in NY, the exhibits and the complaint will show what Trump did. It will be a limited disclosure but a very salient one where punditocracy, gaslighting and spinning will be relatively ineffective.

empedocles

(15,751 posts)
6. 'UNANIMOUSLY' , 9 -0, 9-0. 9-0
Thu Jul 9, 2020, 08:53 PM
Jul 2020

The media went all over the lot today, all sorts of explanations, some 'both-siderism.

Don't think I saw a single chyron, or heard a single 'UNANIMOUS DECISION AGAINST PRESIDENT TRUMP', 9-0.

We need to repeat it over and over again.

FM123

(10,053 posts)
7. By the time they are released
Thu Jul 9, 2020, 09:00 PM
Jul 2020

and the tax returns connect the dots to things like money laundering or tax evasion etc trump will be out of the White House and the statute of limitations will have not run out yet, sounds good to me. Popcorn!

uponit7771

(90,323 posts)
11. +1, changed my reply cause..."If he had sex with their dead bodies (mine)" is true, There's nothing
Thu Jul 9, 2020, 09:28 PM
Jul 2020

... that could come out right now that would change anyone's mind about Trump.

Right now we're at walk across broken glass factor at 2.1 for his detractors and the middle of the road looks like 1.1 were we'd like it as high as possible.

I'm thinking 250,000 dead people (1.2 million cases a month x 3% CFR x 3 months) would get them their hopefully.

weaponeer

(10 posts)
10. In your scenario, how would the press
Thu Jul 9, 2020, 09:26 PM
Jul 2020

Get those tax returns in order to go thru them with a fine toothed comb? Weren’t they only supposed to be released to a grand jury and Congressional Committees?

 

StarfishSaver

(18,486 posts)
14. It's a hypothetical to help demonstrate why the returns not coming out before November
Thu Jul 9, 2020, 09:40 PM
Jul 2020

is not a bad thing.

pnwmom

(108,973 posts)
18. I don't care if all the returns are released. But what if some things in the tax returns are all
Thu Jul 9, 2020, 10:43 PM
Jul 2020

that's needed to complete an indictment against Don Jr.?

Trump would care about that.

former9thward

(31,961 posts)
19. The IRS has had his tax returns for decades.
Thu Jul 9, 2020, 10:46 PM
Jul 2020

And for 16 years his tax returns were looked at by the Clinton IRS and the Obama IRS. The state of NY has had his tax returns for 40 years -- most of those years under Democratic control. If there are crimes why did none of these agencies refer them for prosecution? Do you really think the IRS , state and federal, do not have lawyers and investigators who do this all the time?

 

StarfishSaver

(18,486 posts)
20. The returns themselves don't necessarily reveal the crimes
Thu Jul 9, 2020, 10:56 PM
Jul 2020

Tax returns are pretty much self-reporting and backed up by documents provided by the taxpayer. Unless they are obviously fraudulent, the IRS doesn't go further. They accept them at face value and move on.

It is when the tax records and supporting documentation are compared to other documents that the IRS doesn't have access to - real estate loan applications, bank personal financial statements, insurance forms, etc. - that the fraud and illegality become apparent. For example, if Trump have the IRS one set of books but gave a bank another one, there is all kinds of criminal exposure.

THAT'S why a primary reason he doesn't want this information released. He doesn't want the various entities he's been doing business with to start comparing the documents with what he gave the IRS.

former9thward

(31,961 posts)
21. No and No.
Fri Jul 10, 2020, 08:17 AM
Jul 2020

Wealthy people are audited by the IRS on a routine basis because that is where the money is. In audits the IRS does have the capability to get any document it needs. I predict Vance will be blasted as a sell out or incompetent in a few months by people who thought these tax returns were going to be a criminal gold mine.

 

StarfishSaver

(18,486 posts)
22. Yes and yes
Fri Jul 10, 2020, 08:31 AM
Jul 2020

First of all, Vance isn't seeking only Trump's tax returns, but has subpoenaed an array of his financial records. And audits don't give the IRS "the capability to get any document it needs." Audits don't work that way and the IRS doesn't have the power to conduct fishing expeditions.

Not sure why you seem hell-bent on pushing the right-wing argument that Trump's tax returns won't reveal any wrongdoing because he was "under audit" for years. Surely you can't really believe that.

Or maybe you really do believe it and think his multi-year, several-front fight to keep anyone from seeing them that he's taken to the Supreme Court has nothing to do with any fear of legal jeopardy but has all been an elaborate ruse intended to "own the libs."

Lock him up.

(6,925 posts)
27. Vance is looking for how the payments to Stormy Daniels were reported.
Fri Jul 10, 2020, 02:38 PM
Jul 2020

As an illegal expense and if they were illegally deducted to save taxes, according to Cohen's interrogations.

LOCK HIM UP!

former9thward

(31,961 posts)
28. Let's just say an illegal deduction was taken.
Fri Jul 10, 2020, 06:13 PM
Jul 2020

Trump did not prepare those returns. They were done by professional tax people. Trump just signed them. He is responsible for paying the proper taxes and a penalty but that is not criminal. If your taxes are prepared by professionals and you just sign them there is no intent present and there is no criminal case just a civil matter. That is how the system works.

Lock him up.

(6,925 posts)
29. You forgot Cohen's tape(s?)...
Fri Jul 10, 2020, 07:22 PM
Jul 2020

The intent to defraud the New York State is clearly stated in the convos. He was identified as "Individual 1" for a reason.

LOCK HIM UP!

MAKE JUSTICE GREAT AGAIN

mcar

(42,287 posts)
23. The media seemed to truly believe they'd have his tax returns by noon
Fri Jul 10, 2020, 09:43 AM
Jul 2020

if the ruling went against IMPOTUS. That's why they were so down on the decisions.

He lost. He's a loser - again. Given his tweets, he seems to understand how badly he lost in SCOTUS. A few media commentors seem to realize it too. The others had no idea what they were talking about.

cbdo2007

(9,213 posts)
25. No, the media wanted the Repubes to believe his taxes would be released so they would freak out...
Fri Jul 10, 2020, 10:52 AM
Jul 2020

and the media wanted the Dems to believe his taxes wouldn't be released so they would freak out.

The media has one goal, always, ever - how can we frame an issue to get both sides worked up and elicit confrontation. The more confrontation the better, that is why they love a divisive President like Trump and disliked a calm and rational President like Obama. Still they manufactured scandals with Obama but they were just to get the Repubes worked up.

Latest Discussions»General Discussion»Please stop wringing your...