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

To: TBP
he does everything possible to minimize the amount of money he turns over to the IRS. As far as I’m concerned, he failed in 2005.

And the government does everything in its ever-growing power to prevent people holding onto their money, including implementation of the Alternative Minimum Tax.

3 posted on 03/15/2017 11:04:14 AM PDT by FoxInSocks ("Hope is not a course of action." -- M. O'Neal, USMC)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: FoxInSocks

One thing left out of this story....that was only the federal tax return. The NY state return was probably in the neighborhood of $20 million, I bet.


4 posted on 03/15/2017 11:06:05 AM PDT by pepsionice
[ Post Reply | Private Reply | To 3 | View Replies ]

To: FoxInSocks
38 million dollars in personal income tax is the tip of the iceberg in what Donald Trump pays in taxes.

Anyone care to guess what the Trump organization pays in property and sales tax for the Trump Towers in NYC, Washington and Las Vegas alone.

It has to be in the hundreds of millions of dollars per year.

Trump organizations have combined revenues of just under 10 billion per year so sales tax alone could be pushing a billion

7 posted on 03/15/2017 11:11:32 AM PDT by rdcbn (.... when Poets buy guns, tourist season is over ...)
[ Post Reply | Private Reply | To 3 | 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