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Good discussion of tax policy and why President Trump needs a good tax shelter or two.
1 posted on 03/15/2017 10:59:03 AM PDT by TBP
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To: TBP

The GOP needs to use this as leverage to start a conversation for a federal maximum alternative tax.


2 posted on 03/15/2017 11:02:37 AM PDT by taxcontrol
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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)
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To: TBP

I’m in favor of everyone paying their fair share but I’m not sure the AMT is fair.

$38 million in taxes, he paid...think of that.


5 posted on 03/15/2017 11:11:01 AM PDT by bigbob
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To: TBP

President Trump has paid so much in taxes to US that it makes him 100% vested with absolute say-so credibility. WoW, $38 mil. omg!
Me thinks he’s paid his pound of flesh and then some!


6 posted on 03/15/2017 11:11:10 AM PDT by GreatRoad (I have so much hope I don't know what to do with it)
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To: TBP
But I’m not impressed

Bad news twinkie. He was not elected to impress you.

11 posted on 03/15/2017 11:28:53 AM PDT by pfflier
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To: TBP

Maybe Trump is embarrassed by how much tax he paid so he wanted to keep it quiet!


12 posted on 03/15/2017 12:41:13 PM PDT by New Jersey Realist (The only thing necessary for the triumph of evil is for good men to do nothing. Edmund Burke)
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To: TBP
Perhaps it should be Trump asking to audit the Obama's tax returns given:

$4.25M/The Los Angeles-based interior designer Michael S. Smith is reportedly in charge of decorating the Obamas’ new home

Waimanalo, Hawaii residence ..... $8.7M

D.C. residence ..... (leasing $5M)

Dubai residence.....$4.9M (fwiw: Dubai offers limited extradition)

Chicago residence:.....$1,650,000

13 posted on 03/15/2017 12:58:32 PM PDT by wtd
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