Why Trump Won't Release his Taxes, CNN- May 7 2019, Chris Cillizza
Real Reason - Cillizza shows all Trump's money was inherited or given to him by his father. This is an easy to understand video that explains it clearly. (entire video- 7min 26 seconds)
SWBTATTReg
(22,112 posts)about all of it. Embarrassing.
Stuart G
(38,419 posts)and he lied about everything. I am guessing, (I don't know nothing)...that Donald Trump paid very little in taxes related to his income. (perhaps because his businesses lost money??)
Perhaps he paid ...zero...in taxes. That would not look good to the rest of us, Donald Trump paid nothing in income taxes.
SWBTATTReg
(22,112 posts)loses to write off against future income. But this runs out before too long, and after 6 bankruptcies, where is the additional monies coming from to continue building, to continue w/ his lifestyle that we all see? I suspect that he's gotten loads of undeclared money from various sources, e.g., the Russians (although they don't have that much money, it's a rather poor country), and drug lords (more likely). That's why he doesn't want to show off his tax statements, people will do an reconciliation against what they estimate he spends on his lifestyle, and compare it to what's he's declared via his taxes. There will be a serious mismatch.
It's how the IRS detects fraud and I've always wondered how in the hell he got away w/ this for so long? A payoff to someone in the IRS?
lagomorph777
(30,613 posts)chriscan64
(1,789 posts)What can you do with golden toilets?