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Mon Sep 28, 2020, 12:16 PM

trump's federal taxes were $750, I wonder just how much he paid too in state taxes?

In Missouri, where I live and pay taxes, we have a itemized (if you itemize on your federal return) limit on the state return of I think $10,000, thus a lot of the massive tax credits / deductions are rendered mute in doing state returns.

I wonder just how many state tax returns trump has committed fraud on or fudged the numbers on? I know that he has properties in NY, New Jersey, Florida, etc.

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Response to SWBTATTReg (Original post)

Mon Sep 28, 2020, 12:25 PM

1. Florida has no income tax, so you can take it off your list. n/t

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Response to rzemanfl (Reply #1)

Mon Sep 28, 2020, 12:27 PM

3. Thanks. Some states don't have a income tax structure, get their revenues from other sources, I

can imagine how trump screws around his numbers in such locations, i.e., undervalue his property values grossly, or understate his revenues to pay less sales taxes, etc.?

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Response to SWBTATTReg (Reply #3)

Mon Sep 28, 2020, 12:29 PM

4. I am sure we are not crooked enough to imagine all the ways he cheats. n/t

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Response to rzemanfl (Reply #4)

Mon Sep 28, 2020, 12:31 PM

7. I laugh when you said this, you're right. There are so many ways that people cheat on taxes...

that I'm constantly amazed when I hear of the schemes they come up with (I was an auditor, tax accounting in my former work life).

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Response to SWBTATTReg (Original post)

Mon Sep 28, 2020, 12:26 PM

2. % of payroll tax withholding of trump paid taxes, might be telling?

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Response to empedocles (Reply #2)

Mon Sep 28, 2020, 12:30 PM

5. Good indicator to use indeed. Number of employees vs. actual payroll taxes paid. This is a good...

catch as I have a friend who works at a local bar, and the owners never filed any of the state required paperwork to indicate the number of hours he worked, pay, etc., thus he was unable to get the $1200 stimulus payment. He's pissed and is still trying to get them to file the paperwork. God, when is enough, enough for these people?

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Response to SWBTATTReg (Reply #5)

Mon Sep 28, 2020, 01:35 PM

8. Was thinking payroll taxes paid v. all taxes paid, all taxes by given categories paid.

The 'concept' being, those were taxes due that trump actually had to, and did pay.

[Don't trust traitortrump with a dime].

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Response to SWBTATTReg (Original post)

Mon Sep 28, 2020, 12:30 PM

6. It's time to hear from Michael Cohen and David Cay Johnston on this subject.

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