Posted on 10/02/2016 11:38:12 AM PDT by Red Steel
Did the Obama IRS leak these documents too?
The corrupt Clinton supporting New York Times released an article today on Donald Trump’s taxes. The article reads:
The New York Times obtained three pages of Mr. Trump’s 1995 tax returns, for filings in New York, New Jersey and Connecticut, marking the first time any of his actual tax returns have been publicly revealed. They showed more than $900 million in losses that could have allowed him to avoid paying any federal income taxes for up to 18 years.
This is just another illegal act by the Clintons and Clinton cronies.
First of all, if the tax returns provided to the NYT were legit, it would be illegal for someone other than Mr. Trump or his designates to provide to anyone his tax returns or those of his companies without his permission.
Whoever provided these documents to the NYT may have committed a crime unless Mr. Trump gave them the authority to release his returns.
For the NYT to publish this information is also unethical if not criminal.
The NYT reported this past week that they support Hillary for President. For the NYT to report Trump’s tax information without his consent, is both unethical and most likely criminal.
This is not the first time that Democrats have accused Republicans of not paying their fair share in taxes. In the 1930’s, FDR started a campaign against prominent Republicans like du Pont, Merrill, Lynch, Westinghouse and others. FDR of course was a hypocrite who incurred the same tax loopholes in his returns that he accused others of incurring.
US Tax Law permits taxpayers to avoid taxes within the parameters of the law. If it is true that Mr. Trump offset future profits with past tax loss carryforwards, he is smart in doing so and well within the parameters of the law.
Mr. Trump has every right to claim tax loss liabilities, if legit and is smart to do so.
He would be a fool if he did not claim these liabilities. And Donald Trump is no fool.
Ultimately it is simply incredible for Liberal Democrats and their phony cronies to compare the alleged legal act of Mr. Trump in “legally” not paying taxes on profits due to past tax loss carry forwards and yet commit a crime by reporting on Trump’s taxes without his consent and then give the Clintons a pass on their criminal activities surrounding Whitewater, Travelgate, Filegate, Impeachment, Disbarment, Benghazi, the Clinton Foundation and Hillary’s illegal server and email activities, etc.
—-The author of this post has a CPA and attends Board and Audit Committee meetings for profit and non-profit entities in the US, Bermuda, Australia, Korea, Taiwan, Japan, Malaysia, Hong Kong, China, Singapore and the UK. Tax loss carryforwards have been discussed at some of these meetings and they are common legal tax offsets.
Director Comey says they didn’t intend any harm . . . so, no harm done.
The Democrat Party brought an end to the era of laws.
This is the era of unbridled lawlessness.
I’m confused. Are these personal income taxes...or corporate income taxes?
And it just proves that everything Trump did was totally legal and even the New York Slimes does it.
The incredible thing is he lost nearly ONE BILLION DOLLARS and apparently bounced back. I get scared to death when I lose $10,000.
Dumbass Tapper tried to conflate that this morning. Tapper needs to be fired for being STUPID on purpose.
Taxes from 1995 - 21 years ago. Clinton was in office than, so Clinton Administration had the tax code implemented. What were the tax laws in 1995? So Clinton needs to obsufucate the truth in order to tarnish Trump. But the illegally printed record can now bite Clinton and the NY Times in the backside.
But why the release of taxes from 21 years ago? trump was not a candidate. Oddly enough the dirty Clinton campaign will shot itself in the foot with the appartachik media doing its bidding illegally and in the end criminally sought after. The NY Times may have to have some deep pockets for the ensuing legal challenge.
It’s all a matter of scale.
Personal, but if he's a sole proprietor than everything would be on his personal returns.
Also, what the NYT got was his NY and CT state returns, not Federal returns.
No,that's not exactly correct.There was no intent to *release* the returns.They just kinda wound up in the NY Times...you know,like The Former Twelfth Lady having found those long-missing documents on a table in the WH Map Room.
The democraticks are and has always criminal, loathsome, irredeemable, lying blood suckers.
I can remember be able to carry a loss over 3 years. I think how it worked...take 1/3 each year for 3 years.
...unethical if not criminal...
Bill and Hillary...the political Bonnie and Clyde...
The DO”J” and FB”I” don’t care about election fraud,
murder of witnesses before testifying,
intimidation of white elderly voters,
terrorists raping and murdering Americans
(even when warned in advance),
or the IRS lying to Congress.
Why would they care about this ???
I think Trump out foxed them by NOT releasing his tax records. He knew the criminals at the DNC and IRS could not resist breaking the law. I hope he follows up with legal action.
It really doesnt matter. It is a crime to publish them without consent of Mr Trump.
I think neither. They are losses on capital transactions. Apparently he sold a bunch of assets in 1995 for $900 million less than he paid for them.
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