Every American who pays taxes from Trump to us, is allowed to take every legal deduction that is applicable to avoid overpaying their taxes.
Even the Free Turbo Tax on line program looks for every legal tax break/deduction any American can use.
PERSONALIZED TO YOU!
We ask questions to get to know you. Then, we’ll search for every tax break that applies to you.
https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp
The difference is he earns his money and she steals it
The bible states that taxes have a valid role that rises above “stealing.”
However the mission creep of modern government (more like mission hasty run even, than creep) has brought it well into the realm of stealing.
Trying to subsume charity into government is a particularly bad idea. This produces sinecures that pat themselves and each other on the back, and cynical political motives. There is no inherent motive to do what such agencies as Salvation Army do, which is optimize the efficiency of efforts (they call it “Doing the most good”).
Excellent.
Nobody has shown yet, for certain, that Trump actually did avoid paying taxes for more than one year, a year in which he reportedly made 2/3 of the Net Operating Loss back. Yet liberals are still insisting he didn’t pay taxes for 20 years, Hillary said it last night.
I challenge anyone, find me one person who DOES NOT pay as little in taxes as possible. One. Multi millionaire or not. Just one. Oh yeah, I pay as much taxes as I can. Have you ever heard ANYONE say that?
I still have issues with every tax proposal out there, including Trump’s. I see no reason whatsoever a person who makes a 7 figure income or more should pay more taxes, by PERCENTAGE, than the person who barely clears $20,000. If you or I pay 15%, the 7 or 8 figure income guy should pay the same. The dollar amount will be bigger, but the percentage of his or her income will be the same. In other words, FAIR.
Then eliminate the loopholes, tax shelters and excessive write offs, (note I said excessive, not all) and you have a tax system that would allow the government to take in more revenue with a net reduction of individual contributions.
Then eliminate the frivolous spending, like a lot of the insane “research” programs, and it would be a much better system. Why in the world do we need to spend several hundred thousand dollars to put a shrimp on a damn treadmill? Who cares if monkeys can type if they’re drunk? (made that one up but I’d bet they wold pay for it)
Trump does say he wants to eliminate a lot of the loopholes, good luck getting it through Congress, but if he still wants the rich to pay a higher percentage than anyone else, it’s still not a fair tax code.
I don’t have an issue with people like Trump trying to pay as little taxes as they can, I have an issue with huge multi national corporations using every loophole and tax shelter they can to pay little or none.
For example, a story I saw a while back said that Google had transferred 80% of their profits to a shell corporation in Bolivia, where they pay no corporate taxes, and after the other loopholes and write offs, they ended up paying a 3.5% tax rate. Only corporations with that kind of income can take advantage of this scenario, to cheat this country out of boatloads of money.
I realize the corporate tax rate does need to be lowered, it’s causing them to leave entirely. But they also need to be paying their fair share, which is the same as everyone else pays. Or for corporations, maybe 5% more...maybe. Any higher and I wouldn’t like it. But shut down the tax evasion schemes they are using now.
It’s not the taxes, it’s the spending.
If spending isn’t cut, the money will come from taxes and debt. The ratio is less important than cutting the spending in the first place.
Trump for President.
I almost wish Trump would say “I use tax laws to keep the Feds from having anymore of my money because that way I can hire more people....and the FEDS have an abysmal record OF spending OUR TAX DOLLARS.”
In addition Trump proved why America is America. After losing 1 billion he came back and made 10 billion. That, and freedom just to be is why so many want to come here in the first place. Not all, but many.
Trump did not AVOID paying taxes. He took advantage of the tax laws of the United States. He didn’t “AVOID” anything.
I didn’t avoid paying taxes, I didn’t OWE any tax.
Trump needs to call them on this! Ask these moron moderators if they took any tax deductions on their returns?
Sure the numbers associated with my taxes are a lot bigger than yours, I’m a billionaire.
Hillary keeps talking about “Fact Checkers”, as far as my taxes are concerned, I have the BEST “Fact Checkers” in the business, the IRS. They are fact Checking my returns right now. When they are done fact checking them, I will release them.