Posted on 12/21/2022 9:56:29 AM PST by Beave Meister
The amount of income, deductions and taxes paid by or refunded to former President Donald Trump while serving in the White House was detailed in a new report released Tuesday night.
The report reveals that Trump on his federal tax returns declared negative income in 2015, 2016, 2017 and 2020, and that he paid a total of $1,500 in income taxes for the years 2016 and 2017.
On their 2020 income tax returns, Trump and his wife Melania paid no federal income taxes and claimed a refund of $5.47 million, according to the report by the staff of the Joint Committee on Taxation.
The report was posted online shortly after the Ways and Means Committee voted to make public redacted versions of Trump’s full income tax returns, and those of eight related business entities for the tax years 2015 through 2020.
(Excerpt) Read more at cnbc.com ...
Hell, 90% of the riff-raff public couldn’t parse my real estate business filings and deductions, much less a monster filing like Trump’s! Yet, these phoney Dems are h going to go all in on their pretentious posings.
He has been on continuous audit for years and years.
Also, which line are they using for taxable income - the one before deductions I presume because if I tell the IRS I had $20M in taxable income and send them a check for $1M for taxes I will get a huge tax bill and 10 days to pay it with interest and penalties.
And what is the legislative purpose in releasing his private tax returns?
There isn’t one. Dems lied to the courts.
Do I want a president who pays too much in taxes in charge of spending?
And a Ukie neocon.
Taxation is theft. It’s good if you can avoid it.
And you believe the MSM account, don’t you?
Of course, you do.
Notice that there is NO report from the IRS that there was NO audit.
Are you saying none of Trump’s taxes were being audited?
They went through mine every year...and I was just a small business.
Please...he’s ALWAYS under audit.
MAGA hasn’t had their opportunity to do unto them as they did unto Trump..
Nice precedent they’ve created.
All this investigating Trump was to hide their own corruption.
It better start in 2023..
Rokke: Are you saying none of Trump’s taxes were being audited?
No but he was not being audited during the years he said he was.
p
Hey, lame brain!
“From the IRS: An IRS audit is a review/examination of an organization’s or individual’s accounts and financial information to ensure information is reported correctly according to the tax laws and to verify the reported amount of tax is correct. “
If you think for one second the IRS did not do any aspect of an audit as defined by the IRS, you are simply plain stupid!!
It’s against the law to leak tax returns out of a Congressional committee. They can’t just vote themselves out of a criminal act.
How about the Pelosis? Paul and Nance put away millions while in office and Nanc will retire for $803,000 income per year.
Sacajaweau: Please...he’s ALWAYS under audit.
The IRS reported to the House Ways and Means commitee Trump was not under audit during the years he claimed he was. The report is online via pdf.
taxation is theft. Don’t pay what you don’t have to pay
Lie dear girl.
But that is ok.
You are profoundly ignorant about how taxes and tax audits are done so you could not be expected to know... anything.
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