There should be a mandatory course in late high school that’s called like Civics or something that is solely dedicated to laying out stuff like taxes, interacting with law enforcement, how to fill out important forms (like a I-9 or W2), etc. Taxes should be like at least 33% of the curriculum.
I think to a point the parents are responsible for teaching their kids these things. I was told by several adults including my parents on how to interact with police. Every parent who isn’t homeless should have a basic understanding of budgeting. It’s implied in the fact they aren’t homeless and have food each day to eat, clothes to wear etc. And sex Ed. Do people really want some random person talking to their kid about how get consent, how to treat someone you want to be romantically involved with, how to be safe while sexually active? Not me, not even the slightest.
"My accountant said that this provision in the tax code meant I could pay less taxes if we use it, but i told him not to, because I don't mind paying more taxes than needed."
Lol and you don't show the system that you want to change by following it, you get down to the level and make it an even playing field for all instead of virtue signaling that oh look at me I pay so much in taxes
Tax avoidance is legal and is a huge concern in a lot of business transactions. That's A-okay and is not a problem. Evasion however is by definition illegal. But yes, the IRS could operate on a much smaller scale. We should just have a consumption tax, coupled with mandatory rebates for low income households.
The US government can function at its original scale without taxation of any kind. We've learned from history that once you get in between a man and his labor (or consumption), it never ends. Taxes never go down in any substantive way, and government intrusion always increases.
Common sense says liberals are not using Trump properties or buying Trump brand products. Hard to thrive as a business in that situation. I expect being president has hit DJT in terms of net worth. Hell he spent a lot on his own campaign in 2016.
Like they would be complete. They could file anything and IRS wouldn't fuck with them as they are protected. Same with Pelosi and anyone else on Dem side unless they need the occasional sacrificial lamb to "prove" they aren't above the law.
They don’t need them. It’s just more offense. Flynn, Russian hoax, Ukraine hoax, Roger Stone, BLM, Antifa, etc. All designed to prevent Dems from being looked at. Anything to keep the mob from seeing all the bodies they have buried.
One of Trump's biggest deductions (property tax deduction) was literally capped at $10k by his own tax bill lmao. He closed off a huge benefit to himself.
The NYT wants to talk about the taxes private citizen Trump paid using the tax code created by US Congress so they don't have to talk about the fact that as POTUS Trump lowered taxes for middle class Americans & donates 100% of his salary back to the USA.
It's interesting how the media cares about tax returns of somebody who lost money while being an elected official, but all those cases of representatives who became millionaires by "serving the people" are a non topic.
Twitter is like a field day for anyone interested in the Dunning-Kruger effect. Suddenly every tard in their parents house are actually CPA tax experts.
Lib friend of mine is a tax accountant. Tried to pull I am in the field so I know card....
I said “I’ll trust Trump, his legal team, and the top experts at the IRS saying everything is legit over you, they are all way more educated than you on the matter.”
My accountant friend, who is not even a Trump supporter said this whole thing is bullshit. Literally everyone does the same thing with their taxes. He even laughed and said, “tax avoidance is not even illegal. All my clients including myself do it. You would be a moron not to.”
The left is so unoriginal, bringing up the same lame shit over and over. They just keep dragging out the same turd and spray painting it a different color.
If there's one group that deserves to lose tax credits, it's the media industry! They can claim tax deductions whenever they lose money on a TV show or movie, which just promotes they shitting out SJW crap instead of teaching them a lesson about giving the audience what they want.
And I guarantee you the owners of the dying traditional media use every trick in the book to pay as little tax as possible. The transparent hypocrisy is so obvious, I really don't understand how people keep falling for it.
He didn't break any laws, why are they so mad? He employs tens of thousands of people, something none of this libshits have ever done. As usual they are trying to turn this into a big deal when it isnt.
Back to taxes again, wonder waht the next political hit piece will be next week, maybe kids in cages? IG "whistleblowers", Secret James bond Russian agents?
No one with a single working brain cell, would invest in a company/project where the leadership wasn't employing competent accountants to maximize profits by paying only the tax required by law.
The Leftists are crying about a practice they would scream about if it were not done for their own tax returns.
"Rules for me and not for thee!" Democrats/Socialists in a nutshell.
Wait until the left find out what "depreciation & tax credits" mean. That liberal arts degree didn't cover how depreciating assets are handled on a tax basis. RIP LIBS. Should've gotten a real degree.
You know how you can tell that there's nothing illegal in Trump's taxes? You're hearing about it from the NYTimes (and even they ultimately admit there's nothing there) rather than the IRS.
I'm glad the slimy cunts at the NYTimes did this. Why? Because now the have to shut the fuck up about it. It's nothing. You know how I know? The stock market didn't even blink. It's nothing.
Being in debt is not illegal. They've been yammering like retarded seals for 4 years about his taxes, like they'd show million dollar deposits from Putin, or something. He's not being charged by the IRS for tax evasion, or fraud. He doesn't owe the IRS 300 million in back taxes (let's see how many congress members and senators who owe back taxes). He lost a bunch of money, and owes a bunch of money.
SO WHAT.
They stepped up to the plate, and struck out. AGAIN. And now they don't have this non-issue to yammer about anymore. Nobody is changing their vote, nothing is different. Don't waste time on the smug little 4chan trolls baiting you today. Ignore them, they'll go back to /pol when nobody bites. Focus on the vote fraud being played out right now, don't be distracted by this non-story, like they intend.
I wish something could be done about Property Taxes. You can have your house paid in full but then have to constantly worry about the property taxes going up when your neighborhood becomes extremely popular and the property values start rising. You could have to sell your home because you can't afford the property taxes. Maybe property tax according to income?
These commie faggots probably don’t even know what “depreciation” means. Hell they’ve probably never even seen a financial statement before. Hell they’ve probably never worked a job before.
I'm not worried about the guy who is rich and I can see what he spends his money on and how he got his money. I mean the buildings have his name on them.
I'm worried about the people who didn't do anything obvious to earn a giant income and seem to be rich. You know, like the people Congress and the Clintons.
I dont care if he got a tax refund! Look at what he has done for our country already. GTFO and let the man MAGA. Unfortunately you cry babies get to reap the rewards also.
This is all a distraction to help Biden during the debates and divert the attention to this and coronavirus instead of Hunter, Dementia, and doing nothing for 40 years
These retards think Trump is sitting in his underwear at his computer using TurboTax at 2am in the Whitehouse. He is so far removed he has accountants managing other accountants that are doing his taxes.
Seriously this. I'm nowhere near Trump's level of wealth/success, but even my own personal taxes on my investments are complicated enough that I have no understanding of the tax returns that my CPA gives me every year to sign.
I wonder what they have in store for the week before election as it appears the tax story is a dud and only those who already hated Trump and the mental midgets who don't understand that people like Trump pay people a lot of money (job creation) to legally reduce their tax bill and there's no one out there that voluntarily pays more income tax than they need to if they have competent accountants. Why would anyone want to give more money than legally required to a government that will squander most through waste, fraud, and abuse.
He either broke tax law or he didn't, and it appears that he did not. If he didn't break the law, then any problem that anyone has with how much he has paid in taxes should be directed not towards people took advantage of those tax laws, but towards those who wrote the tax laws.
Now, who can I think of who has been pushing tax legislation for nearly half a century...
BOMBSHELL: Trump has top-tier tax strategy and is confirmed to be a brilliant business man! REEEEEE!
They’re so desperate at this point.
There should be a mandatory course in late high school that’s called like Civics or something that is solely dedicated to laying out stuff like taxes, interacting with law enforcement, how to fill out important forms (like a I-9 or W2), etc. Taxes should be like at least 33% of the curriculum.
I think to a point the parents are responsible for teaching their kids these things. I was told by several adults including my parents on how to interact with police. Every parent who isn’t homeless should have a basic understanding of budgeting. It’s implied in the fact they aren’t homeless and have food each day to eat, clothes to wear etc. And sex Ed. Do people really want some random person talking to their kid about how get consent, how to treat someone you want to be romantically involved with, how to be safe while sexually active? Not me, not even the slightest.
Or better yet, eliminate the IRS and have one tax. A sales tax. Nothing else.
I'd be down with that. Sales taxes would skyrocket along with the economy since people will have more money to purchase stuff with.
Shit, I pay around $600 in taxes each month for my job. Would be nice to be able to pocket that and buy some cool shit.
and tariffs, just like Washington placed.
If we did that young kids might actually learn something useful.
The people who complain the most about rich people, are the same people who have never been able to hold a good job or make decent money legitimately.
Remember when Bernie was against all millionaires, then he made a few million off of a book sale, and now is against all billionaires?
The dude is a fucking joke. Only an idiot would follow him and listen to his every word as gospel.
Bombshell: most Americans have no clue how taxes and corporate taxes work
The NY Times spin is he didn't pay taxes because he's broke. He's running for office so he can steal the election donations.
Tax avoidance is not tax evasion. Very legal, very cool.
Like I said in another thread..
"My accountant said that this provision in the tax code meant I could pay less taxes if we use it, but i told him not to, because I don't mind paying more taxes than needed."
-said nobody ever
That tick-tock fuck-knuckle Hannity says he tells his accountant to pay more.
He's either lying or a fool.
He just wants the rank and file at the fbi to get a raise
Lol and you don't show the system that you want to change by following it, you get down to the level and make it an even playing field for all instead of virtue signaling that oh look at me I pay so much in taxes
Put that on a shirt.
From the Simpson’s. “Tax Avoision”
Someone please listen to this man.
Tax evasion shouldn't be a crime. It should be encouraged and celebrated.
Defund the IRS.
Tax avoidance is legal and is a huge concern in a lot of business transactions. That's A-okay and is not a problem. Evasion however is by definition illegal. But yes, the IRS could operate on a much smaller scale. We should just have a consumption tax, coupled with mandatory rebates for low income households.
In video games, its the difference between downloading hax to win or using an overpowered weapon that is already in the game to win.
The US government can function at its original scale without taxation of any kind. We've learned from history that once you get in between a man and his labor (or consumption), it never ends. Taxes never go down in any substantive way, and government intrusion always increases.
I’m not even sure it is avoidance. Trump is simply taking deductions for losses as per normal process. That’s called doing your taxes correctly.
I feel like it's safe to assume those losses are real too, right? Surely in all the FBI digging around, they'd have found out if that was false.
Otherwise there might actually be a story here to report.
Common sense says liberals are not using Trump properties or buying Trump brand products. Hard to thrive as a business in that situation. I expect being president has hit DJT in terms of net worth. Hell he spent a lot on his own campaign in 2016.
It's called tax compliance. Making sure you don't over or under pay.
It's the difference between following the law and exploiting what is on the books to your advantage, and breaking the laws on the books.
With that said, our tax codes are ridiculous. They are putting the USA at a major disadvantage in new technology.
If we want the tax returns of the president so much, then every single government official needs to be audited as well.
Before or after Nacy Pelosi's. I know the fraud it there with hunter. I want to see if it is with Nasty Nancy.
Like they would be complete. They could file anything and IRS wouldn't fuck with them as they are protected. Same with Pelosi and anyone else on Dem side unless they need the occasional sacrificial lamb to "prove" they aren't above the law.
I know a lot of crackheads and dementia patients. Nary a one is paid millions for their wonderful services.
They don’t need them. It’s just more offense. Flynn, Russian hoax, Ukraine hoax, Roger Stone, BLM, Antifa, etc. All designed to prevent Dems from being looked at. Anything to keep the mob from seeing all the bodies they have buried.
Biden: Writes tax code with tax write offs.
Trump: Follows law.
Biden supporters: REEEEEEEEEEEE DRUMPF USED LEGAL TAX WRITE OFF!!
One of Trump's biggest deductions (property tax deduction) was literally capped at $10k by his own tax bill lmao. He closed off a huge benefit to himself.
The NYT wants to talk about the taxes private citizen Trump paid using the tax code created by US Congress so they don't have to talk about the fact that as POTUS Trump lowered taxes for middle class Americans & donates 100% of his salary back to the USA.
"I, a communist barista, paid more in taxes than drumph lol"
It's interesting how the media cares about tax returns of somebody who lost money while being an elected official, but all those cases of representatives who became millionaires by "serving the people" are a non topic.
Do some actual investigative journalism, corrupt incompetent fucks.
How these people look at themselves in the mirror is beyond me
It's easy. They can't afford a mirror.
But impeach when we look into Ukrainian-Biden dealings.
Day of the Rope draws ever nearer.
Do't even comment on it. Trying to teach people how taxes work over twitter is a losing prospect. Ignore the story and let it die
Twitter is like a field day for anyone interested in the Dunning-Kruger effect. Suddenly every tard in their parents house are actually CPA tax experts.
A lot of the twitter commenters are bots. There are even US colleges assigning students projects that target politicians with Twitter bots.
Lib friend of mine is a tax accountant. Tried to pull I am in the field so I know card....
I said “I’ll trust Trump, his legal team, and the top experts at the IRS saying everything is legit over you, they are all way more educated than you on the matter.”
I got a mega REEEEEEEEEE from that
My accountant friend, who is not even a Trump supporter said this whole thing is bullshit. Literally everyone does the same thing with their taxes. He even laughed and said, “tax avoidance is not even illegal. All my clients including myself do it. You would be a moron not to.”
good thing he is not your accountant.
She and yes I would never trust her with my taxes
The left is so unoriginal, bringing up the same lame shit over and over. They just keep dragging out the same turd and spray painting it a different color.
This is their pre-debate bombshell. THIS is it 🤣😂
Wait until you see what comes on today or tomorrow before the elections RE: Biden
If there's one group that deserves to lose tax credits, it's the media industry! They can claim tax deductions whenever they lose money on a TV show or movie, which just promotes they shitting out SJW crap instead of teaching them a lesson about giving the audience what they want.
And I guarantee you the owners of the dying traditional media use every trick in the book to pay as little tax as possible. The transparent hypocrisy is so obvious, I really don't understand how people keep falling for it.
Something like 15% of Americans think that chocolate milk comes from brown cows, there's a reason we're a Republic instead of a Democracy.
TAX AVOIDANCE IS NOT TAX EVASION.
As a Ron Paul liberation every U.S citizen should be doing the exact same thing. You are a moron if you do not. Fuck the government
Reading the replys gave me cancer. Send help
Block all morons with cancerous replies and they don't get your attention any longer
I think he secretly wants cancer. Kind of like those people who want their limbs amputated for no reason.
A lot of Twitter accounts are bots made by college students for assignments by their leftist professors.
I had a world affairs class like 5 years back that made us make a twitter and post shit for assignments. Deleted that as soon as i passed that class
Leftists will think his taxes is something new, because they forgot, like Sleepy Joe.
Leftists don't understand tax strategies because most have never paid income tax.
and he is working for free Edit...I found out he actually has to take a dollar...
He has to take $1 a year.
Are you trying to defund the police?
So people who can't afford police just have to do without.
While you buy your own personal law enforcement to enforce the laws you personally want?
He didn't break any laws, why are they so mad? He employs tens of thousands of people, something none of this libshits have ever done. As usual they are trying to turn this into a big deal when it isnt.
Back to taxes again, wonder waht the next political hit piece will be next week, maybe kids in cages? IG "whistleblowers", Secret James bond Russian agents?
DrUmpF iS a RusSiAn aGeNt!!
No one with a single working brain cell, would invest in a company/project where the leadership wasn't employing competent accountants to maximize profits by paying only the tax required by law.
The Leftists are crying about a practice they would scream about if it were not done for their own tax returns.
"Rules for me and not for thee!" Democrats/Socialists in a nutshell.
ITS GONNA BE A GOOOOOOOOOOOOOOOOOOD WEEK!
Wait until the left find out what "depreciation & tax credits" mean. That liberal arts degree didn't cover how depreciating assets are handled on a tax basis. RIP LIBS. Should've gotten a real degree.
You know how you can tell that there's nothing illegal in Trump's taxes? You're hearing about it from the NYTimes (and even they ultimately admit there's nothing there) rather than the IRS.
CNN poppy twat getting owned right now over this
They dropped the taxes hit piece on Sept 26 2016 too. Fuck these ghouls
Good thing they didn't run some Facebook ads like Russia, then the DOJ would invest millions into an investigation.
God forbid 🤦♂️ But CCP interference is A-ok
I'm glad the slimy cunts at the NYTimes did this. Why? Because now the have to shut the fuck up about it. It's nothing. You know how I know? The stock market didn't even blink. It's nothing.
Being in debt is not illegal. They've been yammering like retarded seals for 4 years about his taxes, like they'd show million dollar deposits from Putin, or something. He's not being charged by the IRS for tax evasion, or fraud. He doesn't owe the IRS 300 million in back taxes (let's see how many congress members and senators who owe back taxes). He lost a bunch of money, and owes a bunch of money.
SO WHAT.
They stepped up to the plate, and struck out. AGAIN. And now they don't have this non-issue to yammer about anymore. Nobody is changing their vote, nothing is different. Don't waste time on the smug little 4chan trolls baiting you today. Ignore them, they'll go back to /pol when nobody bites. Focus on the vote fraud being played out right now, don't be distracted by this non-story, like they intend.
We got this, pedes. This is laughable.
Orange man has money! You must impeach!
I wish something could be done about Property Taxes. You can have your house paid in full but then have to constantly worry about the property taxes going up when your neighborhood becomes extremely popular and the property values start rising. You could have to sell your home because you can't afford the property taxes. Maybe property tax according to income?
Many states give you a property tax credit if you are low income, older/retired, etc. Property taxes still suck though.
From 2018--real estate developers' tax laws are interesting--why wouldn't you use the tax laws to your advantage? ~~.https://apnews.com/article/d22eed1d8e2f4ff0972a4616f917995b
ILLEGALLY OBTAINED
These commie faggots probably don’t even know what “depreciation” means. Hell they’ve probably never even seen a financial statement before. Hell they’ve probably never worked a job before.
I'm not worried about the guy who is rich and I can see what he spends his money on and how he got his money. I mean the buildings have his name on them.
I'm worried about the people who didn't do anything obvious to earn a giant income and seem to be rich. You know, like the people Congress and the Clintons.
Democrats are too stupid to understand anything he just said here. Not that they would care even if they did. Nasty demented retards, the lot of them.
Who's gonna get charged for leaking Trump's tax returns? Someone at the IRS gotta lose their job right? :/
If I understand this right, they obtained his taxes through a "source" they are protecting? How is that legal?
I dont care if he got a tax refund! Look at what he has done for our country already. GTFO and let the man MAGA. Unfortunately you cry babies get to reap the rewards also.
CAN WE MAYBE GET A DURHAM REPORT SOMETIME SOON??
This is all a distraction to help Biden during the debates and divert the attention to this and coronavirus instead of Hunter, Dementia, and doing nothing for 40 years
These retards think Trump is sitting in his underwear at his computer using TurboTax at 2am in the Whitehouse. He is so far removed he has accountants managing other accountants that are doing his taxes.
Seriously this. I'm nowhere near Trump's level of wealth/success, but even my own personal taxes on my investments are complicated enough that I have no understanding of the tax returns that my CPA gives me every year to sign.
I wonder what they have in store for the week before election as it appears the tax story is a dud and only those who already hated Trump and the mental midgets who don't understand that people like Trump pay people a lot of money (job creation) to legally reduce their tax bill and there's no one out there that voluntarily pays more income tax than they need to if they have competent accountants. Why would anyone want to give more money than legally required to a government that will squander most through waste, fraud, and abuse.
Every Dem in office can volunteer to pay more tax simply check the box and give them a few million extra
He either broke tax law or he didn't, and it appears that he did not. If he didn't break the law, then any problem that anyone has with how much he has paid in taxes should be directed not towards people took advantage of those tax laws, but towards those who wrote the tax laws.
Now, who can I think of who has been pushing tax legislation for nearly half a century...
Why can't the IRS be under investigation? How many employees have access to POTUS Returns ? This is an outrage.