I guess I’ll wait for Ted’s people to tell me what it means.
Income has little to no reflection on wealth...especially after tax income.
Utter BS taken out of context with incomplete information and fact fragments stretched to seeing Jesus on a piece of burnt toast.
A person's total wealth has little to do with annual income.
Lets put it this way.
He is richer than Cruz, Rubio or Little Jebbie.
Does it make a difference?
Not really.
BS but please continue, it keeps the low information types entertained
Net worth and income are two different things. Unless your stupid, of course.
It also has zero bearing on his net worth.
Care to explain how you keep a 737 in the air on half a million a year, My Dad really wants to know.
Curiouser and curiouser... Many sources have made the case that he exaggerates his wealth, but very hard to imagine how he’s netting under $500K per year. Maybe he improperly applied for this tax break? Or perhaps everything is funneled into “The Trump Organization” and he only pays himself a nominal salary?
Business returns versus personal returns.
On the other hand some get off scot-free. The Clinton's deducted underwear donations as a charitable deduction, which shows what a joke it is. What somebody has on their income tax return is at the bottom of my list of voting priorities.
The fact that Trump’s taxable income is low is a reflection on the tax code not on Trump.
Stop this dishonest innuendo.
You only make yourself look dumb.
annual income of $500,000 or less does not equal a measure of wealth.
I know millionaires who pay literally no income tax. Munis baby...
Simple minded BS. These sick people are really reaching. They live in la la land.
Trump for President.
CPA’s preparing tax returns automatically take every deduction possible.
Sounds like something Charlie Rangel would do.
Not unusual. He owns tremendous wealth outright; that doesn’t mean his INCOME is high. There are a number of major CEOs (Steve Jobs a prime example) who have/had an annual income of literally $1. Route your income into un- & delayed-tax forms (401k, stocks & options, etc) and merge life with business (expensive dinner out? fancy car? home doubling as conference center? business expenses). Also consider bulk & pre-paid discounts (oil changes for life? yeah, that’ll be 75% off, sir) to reduce long-term predictable expenses. Or just turn every expense into a business (oil changes for life? how about I just _buy_ the oil change franchise, run it at a profit, and pay nothing of my own to get my oil changed?).
You don’t need much of an income if you own everything you have, don’t need more, and can write most of your costs off as business expenses or even turn it into a profitable business venture.
That’s one of the perverse aspects of “soak the rich”: the _really_ rich know how to drive their income to near $0, if they haven’t done so already. Steve Jobs and George Bush live[d] rather humble lives, their homes about 4000 sq ft on modest properties and living simply therein (Steve was often seen thru the kitchen window washing dishes by hand).
Trump might very well be worried at public reaction when everyone discovers his income is no larger than the guy in the McMansion nearby.
It could be the income he claims AFTER all his other expenses are paid.
Isn’t the game plan with taxes and the IRS to show as little profit and total worth as possible? Everyone I know that has a business does everything they can to NOT pay more in taxes.