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Keyword: taxreturns

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  • Robert Reich: 10 Things You Need To Know About Trump’s Tax Returns ( The little man joins the fake news crowd )

    10/05/2020 6:31:44 PM PDT · by SeekAndFind · 56 replies
    Talk Markets ^ | 10/03/2020 | Robert Reichhhhhhhhh
    Finally Trump’s tax returns have been made public. Here are the 10 big things you need to know about them:  1. Did he break the law? Almost surely. Details of tax practices suggest fraud on a massive scale. As Michael Bromwich, a former inspector general at the Justice Department, said yesterday, based on the Times’s story, Trump faces federal and state prosecution for bank fraud, tax fraud, wire fraud, and mail fraud, as does his entire family. 2. How little has he paid in taxes? In 11 of the 18 years examined, Trump paid no taxes at all. In his first year...
  • Everything The New York Times Found Suspicious In Trump’s Tax Returns, It Put There

    10/01/2020 7:50:46 AM PDT · by Kaslin · 15 replies
    The Federalist ^ | October 1, 2020 | Bob Anderson
    The New York Times article about Trump's tax returns included nuggets of truth, but in the end, it was nothing more than the paper's own version of 'truthful hyperbole.' The New York Times is drawing the attention it wants this week, claiming to have obtained a copy of the presidentÂ’s personal and business tax records prior to 2018 and publishing an analysis of the contents.In an article that ran dozens of pages, the newspaper of record outlines the litany of discoveries embedded within those coveted and until-now secret documents. It could have saved itself a lot of paper and ink,...
  • Biden and Harris release tax returns hours before first presidential debate

    09/29/2020 12:29:26 PM PDT · by conservative98 · 55 replies
    NY Post ^ | September 29, 2020 | 3:07pm | Ebony Bowden
    CLEVELAND — Democratic presidential nominee Joe Biden released his 2019 tax returns Tuesday afternoon, just hours before his first debate with President Trump in Cleveland. “The American people deserve transparency from their leaders, it’s why as of today, I’ve released 22 years of my tax returns,” Biden tweeted Tuesday, 48 hours after the New York Times published leaked portions of what it said were the commander-in-chief’s financial records. The former veep and wife Jill Biden declared a gross income of $985,233 in 2019 and paid $299,346 in federal income tax, according to the financial disclosures published on the campaign website....
  • The New York Times’ Attack on Trump’s ‘Financial Acumen’ Is Nonsense

    09/29/2020 11:35:27 AM PDT · by knighthawk · 16 replies
    Breitbart ^ | September 28 2020 | JOHN CARNEY
    The New York Times’ contention that President Donald Trump’s tax returns “undercut his claims of financial acumen” does not hold water. Trump, however, is not doing himself any favors by not clearly explaining why he says his accountants figured he owed just $750 in taxes in 2016 and 2017—and not explaining that he actually paid millions in taxes for those years. A headline in the Associated Press summary of the Times story declares: “TRUMP PAID JUST $750 IN TAXES IN BOTH 2016 and 2017.”
  • Trump’s Taxes: Everything Old Is New Again

    09/29/2020 3:48:04 AM PDT · by Kaslin · 24 replies
    Townhall.com ^ | September 29, 2020 | Derek Hunter
    Did you know that Donald Trump paid very little in taxes in certain years? Seriously, I read it in the New York Times…several times. The latest “bombshell” story designed to take out the President is yet another rehash not only of things the media has reported in 2016 and 2018, but things he’s publicly admitted himself. In other words, it’s not news at all. Never people to let the facts stand in the way of a good narrative, the media dutifully snapped into action to parrot the latest reworking of an old story as if it were new. The gang...
  • The Bidens Used S Corps To Avoid Paying Hundreds of Thousands in Payroll Taxes

    09/29/2020 12:03:25 AM PDT · by Enterprise · 21 replies
    https://www.westernjournal.com ^ | September 28, 2020 | Randy DeSoto
    Joe and his wife Jill Biden funneled millions in income through a pair of S corporations they set up in Delaware as a way to circumnavigate paying Social Security and Medicare taxes, according to an August opinion article in The Wall Street Journal. Of the nearly $13.3 million the couple took in primarily through speaking fees and book royalties during the 2017 and 2018 tax years, they claimed just $750,000 in income.
  • Trump calls New York Times report that he avoid paying taxes 'totally made up'

    09/28/2020 11:14:34 AM PDT · by USA Conservative · 24 replies
    Fox News ^ | 09.28.2020 | Andrew O'Reilly
    President Trump lambasted a New York Times report that said he paid no federal income taxes for 10 of the past 15 years, calling the story “fake news” and arguing that he paid large amounts of federal and state taxes. “It's fake news, it’s totally made up,” Trump said Sunday during a press briefing less than an hour after the story broke in the newspaper. “Everything was wrong, they are so bad.” According to the New York Times report, Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public,...
  • Breaking: Trump Paid $36,142,505 in Taxes in 2005

    09/27/2020 9:18:25 PM PDT · by Helicondelta · 102 replies
    President Trump’s confidential tax records from 2005 have allegedly been leaked. They show he paid $36,142,505 in annual taxes that year.
  • NY Times Obtains Trump’s Tax Returns

    09/27/2020 2:43:37 PM PDT · by janetjanet998 · 313 replies
    The New York Times on Sunday revealed portions of President Donald Trump’s tax returns. The data dates back over 20 years. Trump “paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made,” the report says. Additionally, Trump paid $750 in federal income taxes in 2016 and another $750 in 2017. The data obtained does not show The President’s personal returns for 2018 or 2019.
  • Manhattan's district attorney says he has grounds to investigate Donald Trump for tax fraud and argues the president's returns should be released because of 'mountainous' allegations of misconduct

    09/21/2020 11:39:14 PM PDT · by knighthawk · 58 replies
    UK Daily Mail ^ | September 22 2020 | REUTERS and NIKKI SCHWAB, SENIOR U.S. POLITICAL REPORTER FOR DAILYMAIL.COM
    Manhattan's district attorney on Monday said the 'mountainous' allegations of misconduct linked to President Donald Trump and his businesses justified enforcing a subpoena for his tax returns and other financial records. The district attorney's office also suggested for the first time Monday that Trump could be investigated for tax fraud, according to The New York Times. Lawyers for District Attorney Cyrus Vance made the argument in a filing with the 2nd U.S. Circuit Court of Appeals in Manhattan, four days before it considers Trump's request to block the August 2019 subpoena to his accounting firm Mazars USA.
  • House mounts last-ditch bid for Trump's financial records

    08/31/2020 7:34:57 PM PDT · by where's_the_Outrage? · 32 replies
    Politico ^ | Aug 31, 2020 | 3 hrs ago
    If an appeals court does not grant Congress access to President Donald Trump's financial records quickly, lawmakers will "almost certainly" miss their chance to review them before the end of Trump's term, House Counsel Doug Letter argued Monday. In a new filing with the D.C. Circuit Court of Appeals, Letter urged the judges to resist calls to send the case back to a lower court and instead resolve the matter — which began with a subpoena in April 2019 — promptly. "If this Court does not resolve this case now, the Trump Plaintiffs will almost certainly have succeeded in blocking...
  • Kylie Jenner faked her way to billionaire status, Forbes says

    05/29/2020 8:29:14 AM PDT · by conservative98 · 17 replies
    NY Post Page Six ^ | May 29, 2020 | 11:11am | Lia Eustachewich
    Kylie Jenner has been stripped of her title of youngest self-made billionaire.The 22-year-old is accused in a scathing new Forbes report of lying about her wealth and forging tax returns in order to inflate her net worth.
  • Kylie Jenner is not a billionaire! Forbes claims the 'self-made' makeup mogul, 22, 'spun a web of lies about company figures and FORGED tax returns to reach mega-money milestone'

    05/29/2020 8:33:34 AM PDT · by RummyChick · 23 replies
    dm ^ | 5/29/2020 | davidson
    Kylie Jenner has been hit by extraordinary claims that she is not a billionaire. Forbes have accused the family of creating a 'web of lies' and say Kylie, 22, has inflated the size of her business and success. The publication accuses her of 'lying about company figures and forging tax returns' to reach the billionaire status.
  • Hunter Biden using coronavirus to flake out of child support case deposition

    03/10/2020 4:46:09 PM PDT · by conservative98 · 27 replies
    NY Post Page Six ^ | March 10, 2020 | 6:53pm | Elizabeth Rosner
    Hunter Biden is using the coronavirus outbreak to try to get out of a deposition in his child support case, Page Six has learned. Biden, 50, claims it’s “unsafe” for him to travel to Arkansas court — and that appearing as scheduled Wednesday could put his pregnant wife and soon-to-be born baby at risk for the flu-like illness. “Travel restrictions have been implemented both domestically and internationally, particularly on airlines, due to the coronavirus,” his attorney, Brett Langdon, wrote in court documents filed Tuesday. “Setting aside personal endangerment, [Biden] reasonably believes that such travel unnecessarily exposes his wife and unborn...
  • In A Victory For Trump, California Blocks Presidential Tax Return Law

    11/23/2019 6:21:01 PM PST · by SeekAndFind · 8 replies
    Hotair ^ | 11/23/2019 | Jazz Shaw
    Earlier this year, California passed yet another law aimed at trying to keep Donald Trump off the primary ballot in their state next year. The law required all prospective candidates to submit their federal tax returns for the most recent five years to the California Secretary of State, after which they would be made available online (and to the media) with certain personal information redacted. That law was immediately challenged and a federal judge blocked it on October 2nd. The state appealed that decision and it was tossed to the state supreme court. In relatively short order the court...
  • DOJ urges Supreme Court to side with Trump in ongoing legal battle over tax returns

    11/22/2019 8:31:45 PM PST · by yesthatjallen · 13 replies
    The Hill ^ | 11 22 2019 | Jessica Campisi
    The Department of Justice (DOJ) on Friday urged the Supreme Court to side with President Trump in his ongoing legal battle over the release of his tax returns. The DOJ in a brief filed Friday called on the Supreme Court to hear Trump’s appeal to block a subpoena from Manhattan prosecutors who are demanding that his accounting firm release eight years of his financial records, The New York Times reported. The brief, filed by Solicitor General Noel Francisco, says allowing Manhattan prosecutor Cyrus Vance (JR) to obtain the tax returns would create a precedent that “may subject the president to...
  • Supreme Court temporarily halts court order requiring accountants to turn over Trump’s tax returns

    11/18/2019 10:15:01 AM PST · by gwjack · 155 replies
    CNBC.com ^ | 11/18/2019 | Jacob Pramuk
    The Supreme Court on Monday temporarily blocked a ruling that requires accounting firm Mazars to turn President Donald Trump’s tax returns over to Congress. This is breaking news. Please check back for updates.
  • Trump Tax Return Case Confronts Supreme Court With a Momentous Choice

    11/05/2019 7:01:28 PM PST · by where's_the_Outrage? · 22 replies
    NYT ^ | Nov 5, 2019 | Adam Liptak
    WASHINGTON — In a matter of days, President Trump will ask the Supreme Court to rule on his bold claim that he is absolutely immune from criminal investigation while he remains in office. If the court agrees to hear the case, its decision is likely to produce a major statement on the limits of presidential power — and to test the independence of the court itself. Mr. Trump has been the subject of countless investigations and lawsuits since he took office, including a 22-month inquiry by Robert S. Mueller III, the special counsel appointed to look into his campaign’s ties...
  • Federal appeals court rejects Trump's appeal of House subpoena for his tax returns

    10/11/2019 7:10:28 AM PDT · by janetjanet998 · 78 replies
    Federal appeals court rejects Trump's appeal of House subpoena for his tax returns
  • Trump granted reprieve on tax return case after federal judge issues blistering ruling

    10/07/2019 9:40:50 AM PDT · by jazusamo · 44 replies
    Fox News ^ | October 7, 2019 | Ronn Blitzer
    President Trump was granted at least a brief reprieve Monday after a federal judge issued a scathing order allowing the Manhattan District Attorney’s Office to subpoena his tax returns from accounting firm Mazars USA. The Second Circuit Court of Appeals put the subpoena on hold after Trump's attorneys filed an emergency appeal. “We are very pleased that the U.S. Court of Appeals for the Second Circuit has issued a stay of the subpoena issued by New York County District Attorney Cy Vance,” Trump attorney Jay Sekulow said. The administrative stay will only be in place while the court reviews the...