Where’s Lois Lerner when you need her? Here’s “most transparent” Lois...
See the PSYCHO
The damand for tax returns is simply a means of discouraging Republicans from running for office.
Trump’s privacy is invaded when his tax info is released without authorization. Trump should unleash his lawyers.
Most tax deferrals are based on practical issue that there is no cash to pay the taxes.
The MSM is trying to misrepresent how tax law works. Trump pays taxes. But he can go years in his federal taxes before he has to pay anything. Thats because taxes are calculated yearly, and his business has profits and losses that occur over several years, maybe even decades. If he buys land, gets permits, and builds a building, he has losses. And for many buildings, those losses could go on for 5 years. Then when he sells the units, or the building, or rents it out, he has profits. And when those profits come in the losses can be subtracted from the loss. So trump will pay millions in taxes but only for a year or two out of a decade.
But those are only Federal taxes. All along, Trump is paying fees, and licenses and permits, and state and local taxes, and employment taxes and foreign taxes. He generates huge tax revenue for all sorts of taxing bodies, not just the federal government. Oh, and those other taxes can be subtracted from profits reported to the Feds. So the more he pays at the local level, the less he pays at the federal level.