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63splitwindow

(2,657 posts)
Thu Aug 11, 2016, 05:24 PM Aug 2016

How Much Does Donald Trump Pay in Taxes? It Could Be Zero [View all]

source: New York Times

" Mitt Romney was excoriated during the 2012 presidential campaign for paying $4.9 million in federal income tax, or an average of just 14 percent of his adjusted gross income, in the two years for which he released returns.

No one should be surprised, though, if Donald J. Trump has paid far less — perhaps even zero federal income tax in some years. Indeed, that’s the expectation of numerous real estate and tax professionals I’ve interviewed in recent weeks.

Even with hundreds of millions in gross revenue from his vast real estate empire, “it’s both possible and legal that Donald Trump would pay little or no income tax,” said Len Green, an accountant and chairman of the Green Group, a tax and accounting advisory firm. Mr. Green is also a real estate investor, teaches at Babson College and is the author of the forthcoming “The Entrepreneur’s Playbook.”
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more at: http://www.nytimes.com/2016/08/12/business/how-much-does-donald-trump-pay-in-taxes-it-could-be-zero.html?_r=0
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At this point can there be any doubt whatsoever that there are things in the tax returns which would so thoroughly derail the Don the Con campaign that to carry on would actually be a money losing proposition for The Con? Even though he has no concern for the good of our country he isn't about to knowingly throw the money he has conned from so many away.

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