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NYT: Trump didn't pay income tax for 10 of 15 years


vcczar
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Trump Tax Poll  

27 members have voted

  1. 1. If true, which of the following from the NYT should result in Trump somehow being punished (resigning, going on trial, being audited, and/or etc.)

    • Trump not paying income tax 10 times in the last 15 years.
    • Trump paying only $750 in income tax in 2016 and 2017.
    • Trump has hundreds of millions in debt
    • Even if true, he should not face consequences
  2. 2. If you believe Trump should face some sort of consequences for the above, what do you think should happen?

    • Nothing more than an official release of his taxes ASAP
    • He should be forced to resign ASAP
    • He should face an audit ASAP.
    • He should go on trial for tax fraud ASAP
    • He should face some sort of consequence but none of the above.
    • He should not face any consequences even if it is true.
  3. 3. Will this tax news have any real impact on the polls?

  4. 4. Do you think the NYT report is accurate?

    • I'm leaning mostly or entirely yes.
    • I'm leaning mostly or entirely no.


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Just now, Hestia11 said:

Have you owned massive amounts of real estate? Because you're not really *explaining* how it would be different, just saying that I don't know.

He gave it away, but it is still his income, regardless. He chose to give it away, doesn't make it not his income.

I'm just going to ignore the petty insults like the piece of shit pile it is.

No, but I know people well who *do*. I know what their tax situations are like.

You're upset because you're being called out - you just have no idea what you're talking about. How old are you?

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1 minute ago, admin_270 said:

How much do you give to charity in a typical year?

I have no idea, I don't keep a running total. I pay all my taxes though.

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1 minute ago, admin_270 said:

No, but I know people well who *do*. I know what their tax situations are like.

You're upset because you're being called out - you just have no idea what you're talking about. How old are you?

Being older than someone is not an argument.

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1 minute ago, Hestia11 said:

if his gross income is as low as it is said to be (that he's going in debt), I doubt that he can actually get away with this as a charitable deduction on his taxes.

You're so clueless about this it's painful talking with you. Trump didn't pay 0 in taxes because of charitable donations!

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I think @admin_270 is just going to consistently defend Trump at every corner. He hasn't once attacked him, and he hasn't once defended Biden. This is pure spin. Amazon the company might not pay taxes, but it is assumed Jeff Bezos (the person) does. 

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2 minutes ago, admin_270 said:

If you have $200M in debt, and $3.2B in assets, do you know what you are? A Forbes-1000 billionaire.

And how much taxes does one owe in this situation? How much of it is personal income that is taxable?

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Just now, vcczar said:

I think @admin_270 is just going to consistently defend Trump at every corner. He hasn't once attacked him, and he hasn't once defended Biden. This is pure spin. Amazon the company might not pay taxes, but it is assumed Jeff Bezos (the person) does. 

How in the world do you know how much in taxes Jeff Bezos pays? My guess is it's a lot less than you think it is.

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3 minutes ago, Hestia11 said:

It's his income. Perhaps explain it to me, this peasant who's so stupid who can't understand anything about taxes, why he shouldn't have paid any income taxes? Was it because he was losing so much money? How'd he get this many loopholes?

Very wealthy people often pay little in income taxes relative to their overall wealth. Haven't you listened to Bernie Sanders lately?

There are all sorts of ways to avoid paying taxes. Wealthy people often hire a team of tax consultants to minimize their tax loads.

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2 minutes ago, admin_270 said:

How in the world do you know how much in taxes Jeff Bezos pays? My guess is it's a lot less than you think it is.

I'm not claiming to know how much he pays. I'm saying he presumably does pay it. Trump doesn't 10 out of 15 years. That can't be right.

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Just now, admin_270 said:

Very wealthy people often pay little in income taxes relative to their overall wealth. Haven't you listened to Bernie Sanders lately?

There are all sorts of ways to avoid paying taxes. Wealthy people often hire a team of tax consultants to minimize their tax loads.

Avoiding paying one's proper due in taxes is not at all ethical, and not something to proudly defend. It's corruption, plain and simple. That's ALSO what Sanders was saying. And I'd also like and answer to my question I asked twice above.

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3 minutes ago, vcczar said:

And how much taxes does one owe in this situation? How much of it is personal income that is taxable?

Who knows? If you have a $1M mortgage, and own $2M in real estate, how much are your taxes? The question suggests financial illiteracy - there's no way to know based on that information.

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@admin_270 Could you please answer my question?! It's a lynchpin of part of what I think you're saying, but avoiding coming right out and admitting it because such would greatly undermine your point. Your ignoring of it makes be believe I'm absolutely correct on the issue. So, could swallow the bitter pill and answer my question?

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1 minute ago, Hestia11 said:

I doubt that you can whittle that number all the way down to 0. Key word is minimize, not eliminate. I'm sure everyone's well aware that there are ways to avoid paying taxes. Even if somehow, some way he made it get down to 0 legally (which I bet is a close to 0% chance), there's reason to be inflamed at the system itself - someone who theoretically is worth 3.2 billion dollars was able to pay nothing in taxes, while everyday Americans have to pay more than that. 

Trump is a billionaire. Yes, very wealthy people can get that number down to 0 for certain years. Wealth is usually held in stock and real estate. Those are assets, not income streams that are taxed. Tax life is different when you move up from the middle class.

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1 minute ago, Patine said:

@admin_270 Could you please answer my question?! It's a lynchpin of part of what I think you're saying, but avoiding coming right out and admitting it because such would greatly undermine your point. Your ignoring of it makes be believe I'm absolutely correct on the issue. So, could swallow the bitter pill and answer my question?

Which question?

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8 minutes ago, vcczar said:

I'm not claiming to know how much he pays. I'm saying he presumably does pay it. Trump doesn't 10 out of 15 years. That can't be right.

I don't understand this. Are you suggest Trump hasn't been paying the taxes he legally owes? That's a different claim than the NYT article is making.

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