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Keyword: taxes

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  • Gross Out in Portland: New union backed tax would hammer Oregonians

    10/23/2016 9:49:08 AM PDT · by reaganaut1 · 33 replies
    American Spectator ^ | October 21, 2016 | JEREMY LOTT
    If you had to choose one story that shows why American workers are not wild about unions these days, public or private, look to Portland, Oregon. Voters statewide are set to decide on a ballot initiative there in November that could do more to kill jobs than most category 4 hurricanes. Targeted at big businesses, Measure 97 would impose a new 2.5 percent tax on companies that gross over $25 million a year. The trick is, the tax would not be on net profits but on gross revenues after the $25 million mark. In other words, companies are not taxed...
  • Here's Why You Deserve a State Income Tax Cut

    10/20/2016 5:12:15 AM PDT · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 10/14/2016 | James Hohman
    Recent Michigan legislatures have taken more from regular people with new tax hikes while giving more to politically well-connected interests through municipal bailouts and corporate giveaways. It’s the people’s turn for something positive, and this is the right time and environment for a substantial state income tax cut. Legislators are sympathetic, and want you to know it: In every recent legislative session, bills have been introduced to lower the income tax rate. But they never move. The excuse is always the same: “Budget pressures are growing; we might have to cut spending if citizens get to keep more.” The excuse...
  • Donald Trump’s War of Independence

    10/15/2016 10:52:57 AM PDT · by Kaslin · 48 replies ^ | October 15, 2016 | David R. Usher
    Donald Trump is leading America’s third war of Independence (the first two being in 1776 and the War of 1812). Donald Trump’s declaration of independence from the Establishment in both parties was long coming.  He bounced between parties for two decades before coming to the conclusion that both parties worshipped globalism. He had no choice but to run for the Presidency.  His candidacy is in fact America’s Third War for Independence.  Trump’s campaign touched the taproot of the Electorate.  Most Americans cannot quite put a finger on the reason,  but understand one thing: they know they have been sold...
  • Face it: Property taxes are forcing Illinoisans out of their homes

    10/14/2016 10:09:51 AM PDT · by george76 · 109 replies
    Illinois Policy ^ | October 13, 2016 | Austin Berg
    Pardess Mitchell is watching her community crumble. She and her husband have lived in Lake County for 16 years. They pay more in property taxes than they do on their mortgage. The tax bill is $15,000 a year on a house they bought for $227,000 in 2013. “They’re taxing us out of the neighborhood. They’re pushing us out. They’re pushing us out of our homes and communities,” she said. “If it continues this way we’ll have to leave.” A Paul Simon Public Policy Institute poll released Oct. 10 revealed nearly half of registered Illinois voters said they would leave the...
  • HP Inc to cut up to 4,000 jobs over next three years

    10/14/2016 6:43:39 AM PDT · by DoodleDawg · 23 replies
    Reuters ^ | 10/14/16 | Rishika Sadam
    HP Inc said it expects to cut about 3,000 to 4,000 jobs over the next three years, as the maker of printers and personal computers continues to struggle with a subdued market, sending its shares down 1.3 percent in extended trading. HP, which houses the hardware business of former Hewlett-Packard Co, said in February it would accelerate its restructuring program and slash around 3,000 jobs by the end of fiscal 2016. HP Chief Executive Dion Weisler said the market continued to be volatile, facing pressures and uncertainties. "Our core markets are challenged and macro economic conditions are in flux right...
  • The Bickersons Revisited

    10/13/2016 11:29:56 AM PDT · by Kaslin · 7 replies ^ | October 13, 2016 | Cal Thomas
    Not since George and Martha in the play "Whose Afraid of Virginia Woolf?" or for older readers Don Ameche and Frances Langford in the radio comedy "The Bickersons," have we seen the kind of verbal pugilism practiced in Sunday night's presidential debate between Donald Trump and Hillary Clinton. If the business of Trump's lewd language about women caught on tape 11 years ago and Bill Clinton's sexual history with Hillary enabling him in the trashing of his conquests could be set aside, only the issues would remain, and wouldn't that be good? Sunday night, Clinton recycled the familiar Democrat playbook...
  • Vegas Stadium Deal for Raiders Passes First Hurdle

    10/11/2016 7:18:10 PM PDT · by nickcarraway · 34 replies
    A bill to raise hotel taxes to fund an NFL stadium for the Oakland Raiders and a convention center expansion has crossed its first hurdle in the Nevada Legislature. The Nevada Senate voted 16-5 on Tuesday to approve the measure. Democratic opponents have said they oppose putting public funds to a project backed by billionaire casino mogul Sheldon Adelson, while Republican opponents oppose raising taxes.
  • 1000th blog post & election issues

    10/11/2016 8:54:44 AM PDT · by mainestategop
    Maiinestategop ^ | Brian Balll
    As of 2008 we are now at 1000 posts for Mainestategop, the blog of those of us who are refugees of New England Socialism and the voice of the New Hampshire based New England Alliance for Liberty and Free Markets. We've come a long way I think and I am just ecstatic. Eight years of fighting liberalism and saving America from liberal failure. I love it. Thank you to all for your continued support.  Now, with that said I want to discuss political issues concerning elections in New England. There's not much to be said, we are voting straight GOP...
  • List of Hillary Clinton Tax Hikes (shields herself from 65% death tax ... surprise!)

    10/10/2016 4:19:09 AM PDT · by NYer · 6 replies
    American Tax Reform ^ | September 26, 2016 | John Kartch
    Trillion dollar tax hike – Hillary’s tax hike proposals will raise taxes on the American people by over $1,000,000,000,000 over the next ten years, based on her campaign’s own numbers. Payroll Tax Hike – Hillary said she would not veto a payroll tax increase on all Americans should such a bill reach her desk. She said she would set her middle class tax pledge aside. This took place Jan. 12 in Iowa, and it’s on video: Moderator: “Democrats have introduced a plan that Senator Sanders supports that you’ve come out against because it is funded by a payroll tax....
  • Robin Hood Economics Falls Flat in Debates

    10/07/2016 4:18:45 AM PDT · by Kaslin · 30 replies ^ | March 7, 2016 | Michael Barone
    Robin Hood is dead. Or at least seriously ailing. The politics of taking from the rich and giving to the poor -- the politics that philosophers from Aristotle to James Madison dreaded -- just doesn't seem to be working as it used to. That's not to say that the United States is about to give up on progressive taxation. With its graduated income tax, the American tax system is by some measures the most progressive in any advanced country. For a generation, the jousting between Republicans and Democrats has been waged within a pretty narrow range. The former want a...
  • Question for Hillary - What significant TAX DEDUCTIONS didn't you take ???

    10/07/2016 6:06:49 AM PDT · by XRdsRev · 21 replies
    n/a | me
    What significant TAX DEDUCTIONS did you, Bill or the foundation board instruct your accountants NOT to take ??? Given that the issue of Trump's tax deductions (business losses) is likely to come up again this weekend, I would love to see this question asked of Clinton. Unless she and the foundation can prove that they instruct their accountants to NOT take significant tax deductions for which they are eligible, then she shouldn't be against Trump or his businesses taking legal, applicable deductions also.
  • Luntz focus group: Yeah, we don’t care about Trump’s taxes, but Hillary’s emails…

    10/06/2016 3:54:45 PM PDT · by 2ndDivisionVet · 28 replies
    Hot Air ^ | October 6, 2016 | Larry O'Connor
    According to pollster Frank Luntz and his famous “undecided focus group” extravaganzas he holds after every debate, American voters aren’t nearly as worked up about Donald Trump’s tax returns as the media and Clinton campaign appear to be. In fact, according to Luntz’ appearance on CBS Wednesday, voters might be interested in getting tax tips from the GOP nominee:(VIDEO-AT-LINK) “Nobody wants to pay taxes. As long as you don’t break the law, as long as you didn’t do anything unethical, tax payers are fed up with the tax code and they actually did not hold him responsible for that. What...
  • I-73 is not an easy sell

    10/06/2016 10:09:47 AM PDT · by Tolerance Sucks Rocks · 13 replies
    The Martinsville Bulletin ^ | October 2, 2016 | Ben R. Williams
    There’s a famous old fable known as “Belling the Cat.” For those who haven’t heard it, it goes like this: A bunch of mice are threatened by a vicious cat, and they call a council to figure out how to solve the problem. One mouse proposes that they place a bell around the cat’s neck. That way, they’ll hear the cat approaching and have plenty of time to run and hide. The mice applaud the plan. They love the plan. It’s a great plan. One mouse asks who’s going to volunteer to place the bell around the cat’s neck. Suddenly,...
  • Liberals Should Now Be for Trump

    10/06/2016 8:47:02 AM PDT · by Sean_Anthony · 3 replies
    Canada Free Press ^ | 10/06/16 | Ron A. Y. Rich
    Especially on Taxes, Women, and Muslim Issues Liberals who have the intellectual honesty to ascertain what Donald Trump has actually said on the issues, without the media’s spin, cannot help but support Trump especially on Taxes, Women, and Muslim issues. Regarding taxes Trump’s position on his taxes can be analyzed in a variety of ways, and he comes out as preferable for true and honest liberals, or at least comparable to the alternative.
  • A lesson from the yacht tax [Nealz Nuze, 2011]

    The current demonization of jets is eerily similar to the demonization of yacht owners in the early 1990s. Back in 1990, George (read my lips, no new taxes) H. W. Bush passed a budget, which included a “luxury tax” on yachts over $100,000 in addition to jewelry, furs, etc. At the time, the Joint Committee on Taxation believed that in 1991 it would be able to rack up $31 million from these luxury taxes. What was reality? They collected just $16 million. Oops. You see, people changed their behavior in response to new tax laws. Duhhhhhh. And then what do...
  • Boom! Hard truth about Hillary Clinton and Trumps Taxes

    10/05/2016 4:49:05 PM PDT · by Rustybucket · 16 replies
    The Federalistpapers.Org ^ | 10-04-2016 | Robert Gehl
    Then we find out that The Times also used a similar scheme to avoid paying federal taxes too. Which kind of makes them hypocrites, right? Now we discover that none other than Hillary Clinton herself also used a federal tax break in 2015 to claim a loss and avoid paying taxes.
  • New York Times Becomes Las Vegas Sportsbook with Trump Taxes

    10/05/2016 11:10:39 AM PDT · by Kaslin · 8 replies ^ | October 5, 2016 | Bruce Bialosky
    I previously wrote a column stating that there was no reason precluding Trump from releasing his returns because of an ongoing audit. What I did not address is whether he should release his returns. The press commentary since, culminating in The New York Times column released Saturday night in time for the Sunday news shows, displays the media’s complete ignorance regarding taxes and their willingness to use it to destroy Trump in any manner. Unless you have been under a rock, you know The New York Times was somehow delivered three pages from Trump’s 1995 tax return showing a loss...
  • Tax fossil fuels or risk kids' future: US climate scientist

    10/05/2016 10:48:25 AM PDT · by PROCON · 37 replies
    AFP ^ | Oct. 4, 2016 | Kerry Sheridan
    Miami (AFP) - Levels of the planet's three most dangerous greenhouse gases are rising, and fossil fuels must be taxed to protect children from the turmoil of rising seas and extreme storms, climate scientist James Hansen warned Tuesday. Otherwise, young people face the "dubious" proposition of somehow sucking carbon dioxide from the air at a price tag of hundreds of trillions of dollars in the next century, said Hansen, who leads the climate science program at Columbia University's Earth Institute. "The science has become crystal clear," Hansen told reporters on a conference call to discuss his latest research paper, entitled...
  • The Most Corrupt Media Ever

    10/03/2016 11:54:30 AM PDT · by Kaslin · 15 replies
    Rush ^ | October 3, 2016 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: Now, what they are trying to do with the comments of Mayor Giuliani, Rudy Giuliani, who commented on Trump and his tax returns and the carryover loss of $916 million. This, too, is classic. Folks, I have no feel for something. You and I know, and a lot of places that we spend time and read and consult, there is a consensus, a huge consensus that the media has reached a new low. Even some members of our establishment, even some in the Republican establishment, in the conservative media who are standoffish to the media 'cause they...
  • A Taxing Situation

    10/05/2016 8:07:31 AM PDT · by Kaslin · 4 replies ^ | October 5, 2016 | Cal Thomas
    What would you think of an individual or a company that earned a pre-tax profit of $29.9 million in one year, paid nothing in taxes and still received a $3.5 million refund? Am I speaking of Donald Trump? No, it is The New York Times Company. Forbes magazine studied the newspaper's 2014 annual report, in which the company explained: "The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations." In other words the Times took advantage of tax laws...
  • Clinton Foundation refiles three years of tax forms

    10/05/2016 7:50:49 AM PDT · by justlittleoleme · 38 replies
    Washington Examiner ^ | 10/5/16 12:00 AM | Sarah Westwood
    Clinton Foundation officials quietly refiled three years of tax-related forms this week after the New York attorney general acknowledged the charity had failed to disclose all of its donors in accordance with state law.Two entities operating within the Clintons' sprawling philanthropic network — the Clinton Health Access Initiative and the Clinton Global Initiative — submitted supplementary financial disclosures for different years between 2012 and 2014 while denying Tuesday that the attorney general's office had asked them to do so. "The Clinton Foundation is properly registered to solicit funds under Article 7A, which requires organizations to register before they solicit funds...
  • The New York Times Savaging Its Enemies

    10/05/2016 7:38:31 AM PDT · by Kaslin · 20 replies ^ | October 5, 2016 | Brent Bozell
    On Oct. 2, The New York Times published an admittedly "fragmentary" front-page story about Donald Trump's taxes. Just three pages were cited: the first page of the state tax returns Trump filed in New York, New Jersey and Connecticut in 1995. The Times reported that Trump claimed a $916 million loss, which could -- emphasis on "could" -- have allowed him to avoid paying federal taxes for "up to 18 years." The story was stuffed with speculation about what Trump may have potentially done. The Times was typically harsh in tone. The tax records "reveal the extraordinary tax benefits that...
  • Wasn't Trumps tax loss just to offset the income from the loans forgiven from the banks

    10/05/2016 5:46:31 AM PDT · by sharkhawk · 28 replies
    vanity | 10/4/2016 | sharkhawk
    Simple question for other Freeper CPA's. Didn't Trump receive large loan write offs from the banks during the Atlantic City bankruptcy? Wouldn't those loan write offs count as income to Trump, and wouldn't the loss offset the income received from those loan write offs? So there would be no way that the 916 million was written off over 18 years? Why do you think Trump hasn't come out and said this? Does he just not want to go into his taxes?
  • Trump Zero-Tax Hysteria

    10/04/2016 4:53:35 PM PDT · by Kaslin · 15 replies ^ | October 4, 2016 | Bryan Crabtree
    Our society is collapsing, not because of people like Donald Trump or Hillary Clinton, but because many Americans are paralyzed by wealth-envy, ignorance and pettiness. The New York Times has revealed that Donald Trump posted a $1 billion loss on his 1995 tax return. What I find interesting is that this timing comes just days after Hillary Clinton suggested that Trump pays zero taxes during the first presidential debate. It appears to me that Hillary Clinton ‘teed up the ball’ and The New York Times ‘knocked it out of the park’ for her. Newsflash: Trump is in the real estate...
  • Apple is named the biggest corporate tax avoider in the US after booking $218 BILLION

    10/04/2016 5:25:01 PM PDT · by Beave Meister · 25 replies
    Daily Mail ^ | 10/4/2016 | KEITH GLADDIS
    Apple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion (£171.6 billion) of profit offshore last year. The tech giant was able to save $65.08 billion (£51.1 billion) that it should have paid in tax thanks to its convoluted arrangements. The report revealed that last year three quarters of the Fortune 500 companies use subsidiaries in offshore tax havens where they sent a total of $2.42 trillion (£1.9 trillion) of income. In the US alone this amounted to $715.62 billion (£561.9 billion) in tax which they avoided paying. The report of said...
  • Mika Brzezinski Tears Into Hillary — ‘Get Off Your High Horse!’

    10/04/2016 4:11:42 PM PDT · by bobsunshine · 43 replies
    Daily Caller ^ | October 4, 2016 | Christian Datoc
    During MSNBC’s Tuesday broadcast of “Morning Joe,” Mika Brzezinski blasted Hillary Clinton’s recent attacks on Donald Trump’s tax returns. ..... So, I just noticed a confidence here that I don’t think should be there among the campaign,” she stated. “Sorry, but I mean, you think about this tax thing unless, were laws broken? Did the New York Times find any laws were broken?” “So, he talks about brilliantly using the system, but Hillary Clinton could have had that same reaction to her speech money, that she says she’s going to change Wall Street, but you know what, I used the...
  • Did Weaponized IRS Leak Trump's Tax Returns?

    10/04/2016 2:22:36 AM PDT · by Kaslin · 68 replies
    American Thinker ^ | October 4, 2016 | Daniel John Sobieski
    This idea will be immediately dismissed in some quarters as just another conspiracy theory concocted by the vast right wing but it is not as far-fetched as it sounds. Several items lend credence to the idea that the IRS has once become an arm of the political left targeting conservatives. Could it really be just coincidence that Hillary Clinton focused on Trump’s failure to release his tax returns, surmising that the reason might be he hasn’t been paying any taxes, just days before the New York Times printed pages from his 1995 return showing a loss that “may have” allowed...
  • Hillary Clinton: Donald Trump 'contributing nothing to our nation'

    10/03/2016 2:04:42 PM PDT · by NYRepublican72 · 83 replies
    CNN ^ | 10/3/2016 | By MJ Lee and Dan Merica
    Hillary Clinton laced into Donald Trump on Monday for living a billionaire's lifestyle while "contributing nothing to our nation," in her first public remarks about a New York Times report that revealed Trump might have avoided paying federal income taxes for close to two decades. Speaking at a campaign rally in Toledo, Ohio, the Democratic presidential nominee attacked her Republican opponent as representing "the same rigged system that he claims he's going to change." "While millions of American families, including mine and yours, were working hard and paying our fair share, it seems he was contributing nothing to our nation....
  • Clinton Son-in-Law’s Firm Is Said to Close Greece Hedge Fund (Note: Relevant to Tax Return Issue)

    10/03/2016 11:46:02 AM PDT · by mononymous · 17 replies
    Previously posted here: But it is the last paragraph of the article that is of relevance, vis-a-vis Mr. Trump's tax return; here is what it says: "The one silver lining for the fund’s investors from all of this is that they will have a somewhat larger tax loss on investments to claim next year."
  • Clinton Campaign Admits Hillary Used Same Tax Avoidance "Scheme" As Trump

    10/03/2016 7:15:16 AM PDT · by COUNTrecount · 29 replies
    Zero Hedge ^ | October 3, 2016 | Tyler Durden
    And Hillary following up, adding Trump "apparently got to avoid paying taxes for nearly two decades—while tens of millions of working families paid theirs." However, a look back at Hillary Clinton's tax returns from 2015 (here), proudly displayed by the campaign proving she has nothing to hide - shows something awkward on page 17... While not on the scale of Trump's business "operating loss", Hillary Clinton - like many 'wealthy' individuals is taking advantage of a legal scheme to use historical losses to avoid paying current taxes. As Bloomberg notes, this federal tax break is among the wealthy's most used...
  • The Time I Found Donald Trump’s Tax Records in My Mailbox

    10/02/2016 1:42:08 PM PDT · by justlurking · 77 replies
    NY Times ^ | 2016-10-02 | Susanne Craig
    My colleagues make fun of my old-fashioned devotion to my mailbox. It’s about 30 feet from my desk — among all the other third-floor employees’ mailboxes — and I check it constantly, always hoping a tipster will have sent me some revealing letter or secret document. In Metro, we get a lot of junk mail, and are regularly flooded with correspondence from prisoners in New York’s penitentiaries. But Friday, Sept. 23, was different. I walked to my mailbox and spotted a manila envelope, postmarked New York, NY, with a return address of The Trump Organization. My heart skipped a beat....
  • Mark Jimenez release reset to December (Inprisonment of convicted Clinton donor extended)

    11/20/2005 11:13:01 PM PST · by HAL9000 · 12 replies · 1,599+ views
    The Manila Bulletin Online (Philippines) ^ | November 21, 2005 | JOSEPH G. LARIOSA
    CHICAGO, Illinois — The headline of another newspaper yesterday was a self-fulfilling prophesy: "No red carpet, no yellow ribbons for Mark Jimenez (MJ)." If the information of the US Bureau of Federal Prisons is to be believed, the much-anticipated return of the former Manila congressman on Tuesday, Nov. 22, will have to wait. His projected release is reset to Dec. 13, 2005. In a previous posting of Jimenez’s release by the US Bureau of Federal Prisons, his original "projected release was Nov. 5, 2005." This was exactly the day of the 20th month of his imprisonment in the Federal...
  • Rudy Giuliani: Trump Is A "Genius" For Legally Avoiding Paying Taxes

    10/02/2016 9:39:24 AM PDT · by Biggirl · 41 replies ^ | October 2, 2016 | Pam Key
    Sunday on NBC’s “Meet The Press,” while discussing The New York Times report on Republican presidential nominee Donald Trump suggesting that he could have legally avoided paying federal income taxes for the last 18 years, former Mayor of New York City Rudy Giuliani said “the reality is, he is a genius.”
  • AICPA Code of Professional Conduct - Confidential Client Information

    10/02/2016 10:56:30 AM PDT · by justlurking · 18 replies
    AICPA Code of Professional Conduct ^ | 2013-06-01 | American Institute of Certified Public Accountants
    Rule 301—Confidential client information A member in public practice shall not disclose any confidential client information without the specific consent of the client. This rule shall not be construed (1) to relieve a member of his or her professional obligations under rules 202 [ET section 202.01] and 203 [ET section 203.01], (2) to affect in any way the member's obligation to comply with a validly issued and enforceable subpoena or summons, or to prohibit a member's compliance with applicable laws and government regulations, (3) to prohibit review of a member's professional practice under AICPA or state CPA society or Board...
  • Who gave Trump’s taxes to the New York Times? The mystery behind a bombshell story.

    10/02/2016 10:11:57 PM PDT · by Innovative · 72 replies
    Washington Post ^ | Oct. 2, 2016 | Paul Farhi
    Late Saturday, the Times revealed that Trump had declared a $916 million loss in 1995, wiping out any federal taxes that year and setting himself up to avoid 18 years of similar obligations. The Times’ story was a rare animal, a bombshell based on a source whose identity is unknown even to people at the news organization that broke the story. Although anonymous sources are commonly used by journalists to elicit sensitive information, reporters almost always know their identity, even if they don’t disclose their names to readers or viewers. That doesn’t appear to be the case in the Times’...
  • NYT Obtains Trump's 1995 Tax Records, Might Have Legally Avoided Paying The IRS For Almost 20 Years

    10/02/2016 5:19:40 AM PDT · by rktman · 120 replies ^ | 10/2/2016 | Matt Vespa
    Well, it dropped. The first of possibly many October surprises this cycle. Wikileaks’ Julian Assange has already offered teasers about new information he’s obtained about Hillary Clinton that has yet to be released. For now, it’s brief glimpse into Donald Trump’s tax returns that The New York Times says could've legally allowed the billionaire to avoid paying taxes for almost two decades. It’s a 1995 return that the news publication obtained, which showed that Trump had lost almost a billion dollars. The Times contacted a lawyer and accountant to Trump, who said that the return was “legit,” while also detailing...
  • The NY Times is getting destroyed today on taxes

    The NY Times is getting destroyed today on taxes.
  • US Tax Expert: NYTs and Clinton Crime Family Commit Criminal Act- Publish...Trump's 1995 Tax Returns

    10/02/2016 11:38:12 AM PDT · by Red Steel · 126 replies
    Gateway Pundit ^ | Oct 2nd, 2016 8:10 am | Jim Hoft
    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 NY Times’ transparent (and hypocritical) October surprise of Trump’s tax returns

    10/02/2016 1:01:46 PM PDT · by Kaslin · 25 replies
    Hot ^ | October 2, 2016 | JAZZ SHAW
    There’s only one news story popping up for the Sunday morning circus and it’s the long anticipated October surprise from the New York Times. Late Saturday evening they released a partial set of state tax documents belonging to Donald Trump which show a nearly one billion dollar business loss he took more than twenty years ago. As Business Insider explains, this factoid allows them to speculate that The Donald may have paid no federal taxes for nearly twenty years. Donald Trump may have avoided paying federal income taxes for 18 years, according to tax records obtained by The New York...
  • WaPo’s Capehart Cautions Against ‘Tax Cheats’ Seconds After Saying What Trump Did Was Legal

    10/02/2016 12:46:01 PM PDT · by governsleastgovernsbest · 21 replies
    Legal Insurrection ^ | Mark Finkelstein
    Make up your mind, Jonathan! Appearing on today’s AM Joy, the Washington Post‘s Jonathan Capehart, accused Donald Trump of “cheat[ing] the government” on his taxes . . . despite unequivocally stating precisely 29 seconds earlier that “what he did is legal.” So is every person and entity that takes legal deductions on his tax return “cheating the government,” Jonathan? Does that make the New York Times a tax cheat, too, in your view? After all, as per Forbes, “for tax year 2014, the New York Times paid no taxes and got an income tax refund of $3.5 million even though...
  • What Trump Should Have Said About 'Birther' and Tax Return

    09/29/2016 9:49:10 AM PDT · by Kaslin · 35 replies ^ | September 29, 2016 | Larry Elder
    Monday night's debate moderator, NBC's Lester Holt, asked Donald Trump why he "perpetuated a false claim that the nation's first black president was not a natural-born citizen." Hillary Clinton added that Trump "has a long record of engaging in racist behavior, and the birther lie was a very hurtful one." Trump defended himself by saying: "Sidney Blumenthal works for the campaign and (is a) close -- very close -- friend of Sec. Clinton. And her campaign manager, Patti Doyle ... during ... her campaign against President Obama, fought very hard. ... And if you look at CNN this past week,...
  • Flashback: The Clintons donated used underwear to charity, wrote it off on taxes

    10/02/2016 7:52:08 AM PDT · by KeyLargo · 11 replies
    The Clintons donated used underwear to charity, wrote it off on taxes Posted on May 4, 2015 This tidbit is from the Arkansas years. While serving as Governor and First Lady of Arkansas, the Clintons donated used underwear to charity. Even worse, they claimed the donation as a deduction on their taxes. They must have really been “dead broke”…. Here is the report from The New York Times: In previous returns, when Mr. Clinton was the Governor of Arkansas and his wife was a partner in a Little Rock law firm, the Clintons had gone so far as to deduct...
  • On Trump and Taxes

    10/02/2016 7:49:39 AM PDT · by Dana1960 · 42 replies
    Market Ticker ^ | 10/2/16 | Karl Denninger
    Oh my, the breathless NYT reports, after aiding and abetting breaking the law by releasing part of a NY state tax return that was stolen (if it's a true copy) from Trump. The return showed a roughly $900 million net loss one year. This, the Times reports, means that Trump may not have paid any federal (or state) taxes for many years. To which I say: So what?
  • New York Times violates law to publish partial Trump tax return from 90s and speculate

    10/02/2016 7:17:23 AM PDT · by detective · 53 replies
    American Thinker ^ | October 2, 2016 | Thomas Lifson
    Shortened title. Full title: New York Times violates law to publish partial Trump tax return from 90s and speculate about his taxes Trump Derangement Syndrome has led the New York Times to willfully violate federal law in order to speculate about what taxes Donald Trump may or may not have been paying. In a front-page article, built on crime and conjecture, the Times ends up with very weak beer on Trump, but a convincing case for its own irresponsibility and criminality. The lede paragraph reveals the astonishing lack of factual reporting and descent into mere speculation, speculation that supports the...
  • The New York Times Building

    10/02/2016 6:29:02 AM PDT · by Alberta's Child · 11 replies
    Wikipedia ^ | N/A | Wikipedia
    The New York Times Building is a skyscraper on the west side of Midtown Manhattan, New York City that was completed in 2007. Its chief tenant is The New York Times Company, publisher of The New York Times as well as the International New York Times, and other newspapers. Construction was by a joint venture of The New York Times Company, Forest City Ratner (Forest City Enterprises's New York subsidiary), and ING Real Estate. --- snip --- The site for the building was obtained by the Empire State Development Corporation (ESDC) through eminent domain. With a mandate to acquire and...
  • The New York Times risked legal trouble to publish Donald Trump’s tax return

    10/02/2016 6:53:46 AM PDT · by Pinkbell · 78 replies
    Washington Post ^ | October 2, 2016 | Callum Borchers
    Dean Baquet wasn't bluffing. The New York Times executive editor said during a visit to Harvard in September that he would risk jail to publish Donald Trump's tax returns. He made good on his word Saturday night when the Times published Trump tax documents from 1995, which show the Republican presidential nominee claimed losses of $916 million that year — enough to avoid paying federal income taxes for as many as 18 years afterward. Federal law makes it illegal to publish an unauthorized tax return: It shall be unlawful for any person to whom any return or return information (as...
  • BILL CLINTON'S GREAT SKIVVIES GIVE-AWAY (1993 article on Clinton's Tax Deductions)

    10/02/2016 5:45:19 AM PDT · by SamAdams76 · 21 replies
    Washington Compost ^ | December 28, 1993 | Lloyd Grove
    It's that time of year again, Mr. President. Time to celebrate the lingering Yuletide spirit and the bright promise of the year to come. Time to savor the companionship of friends and family. Time to donate your underpants to a charitable organization so you can later claim a deduction on your 1993 tax return. If the recent past is any guide, Bill Clinton and his wife, First Lady Hillary Rodham Clinton, have been spending the past few months gathering up unwanted belongings -- from old shoes to shower curtains to jogging shorts to, yes, apparently used underwear -- carefully enumerating...
  • HIIO: You Hack It, We’ll Flak it

    10/02/2016 6:09:20 AM PDT · by NOBO2012 · 14 replies
    Michelle Obama's Mirror ^ | 10-2-2016 | MOTUS
    Well, it’s October, here come the surprises:Surprise #1.  Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two DecadesNote the use of the word “obtained” not modified by the adverb “illegally,” probably because that’s the only way they could have obtained them. So just as scientists begin to question the existence of “dark matter” (more on that at a later date) here we have definitive proof of its existence. At the same time we have evidence of what many of us non-scientists have long suspected: the IRS has been weaponized for use against...
  • Trump Campaign statement

    10/01/2016 8:47:56 PM PDT · by Trump20162020 · 136 replies
    Donald Trump Campaign ^ | October 1, 2016 | Donald J. Trump
    The only news here is that the more than 20-year-old alleged tax document was illegally obtained, a further demonstration that the New York Times, like establishment media in general, is an extension of the Clinton Campaign, the Democratic Party and their global special interests. What is happening now with the FBI and DOJ on Hillary Clinton's emails and illegal server, including her many lies and her lies to Congress are worse than what took place in the administration of Richard Nixon - and far more illegal.
  • Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes [more]

    10/01/2016 6:45:21 PM PDT · by M. Thatcher · 194 replies
    Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show. The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan....