Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: hapnHal

The old Romney never paid any taxes fraud.


9 posted on 09/27/2020 7:28:55 PM PDT by bray (Pray for President Trump)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: bray

What this article doesn’t mention and is a boring headline is Trump pays hundreds of millions in payroll (FICA) for his 22,000 employees in his company, property taxes on his vast real estate holdings, New York City and State income taxes, as well as California, Virginia and other jurisdictions he owns property and receives income.

Businesses routinely carry forward losses and depreciation, especially in real estate. This isn’t anything scandalous. It is the nature of the business. He would be a fool to pay the IRS one penny more than the law requires.

The kicker of the story is even after the NY Times received 20 years of his taxes and analyzed them with a fine tooth comb they could not come up with a single crime or law broken. That’s really incredible when you think about it. Trump is cleaner than 99% of businessman. Imagine any other businessman having this level of scrutiny and coming away with nothing.


10 posted on 09/27/2020 7:34:15 PM PDT by springwater13
[ Post Reply | Private Reply | To 9 | View Replies ]

To: bray

October is right around the corner.


56 posted on 09/28/2020 1:31:24 PM PDT by Eleutheria5 (JOBS NOT MOBS!)
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson