|
Post by anxiousmom on May 12, 2016 14:01:51 GMT
I am not sure how I feel about the releasing of the actual tax returns, but I am a bit put out by his refusal to do so. Mostly because to me it seems like he has serious issue with double standards-about what he feels applies to others vs. what he feels applies to him. He seems to think that there should be full on, window pane clarity transparency for others, but that he himself doesn't have to do the same.
That bothers me.
|
|
|
Post by sugarmama on May 12, 2016 14:12:57 GMT
I read an article recently that quoted him as saying he would release the tax information in November. We'll just have to wait and see, I guess.
|
|
|
Post by jassy on May 12, 2016 14:13:54 GMT
The releasing tax records is important because it shows if they follow the law, if they are truthful and if there are potential conflicts of interest. I mean so many people including pro-trump people make BIG SHIT out of Hillary Clinton and how much she makes for speeches but they only know that because she realeases her tax records. LOl. But they don't need to see Trump's? Ok that makes sense! BTW, the audit excuse is a bogus excuse. Donald Trump Handed Over Tax Returns In Casino BidsTrump constantly lies and flip/flops on the daily. For the life of me I can't figure out why this does not matter to his supporters. Again the same people who would call a Democrat a flip flopper if they changed an opinion once in 20 years. This country is going nuts!!
|
|
|
Post by STBC on May 12, 2016 14:19:12 GMT
I am not sure how I feel about the releasing of the actual tax returns, but I am a bit put out by his refusal to do so. Mostly because to me it seems like he has serious issue with double standards-about what he feels applies to others vs. what he feels applies to him. He seems to think that there should be full on, window pane clarity transparency for others, but that he himself doesn't have to do the same. That bothers me. This. The issue isn't about if taxes *should* be released by candidates. It's about how the rules don't seem to apply to him.
|
|
Deleted
Posts: 0
Aug 18, 2025 20:15:15 GMT
|
Post by Deleted on May 12, 2016 14:24:21 GMT
There is actually a reason presidential candidates started releasing their tax returns. And that reason is Nixon. Last night on Rachel Maddow show she provided the history of releasing the returns.
It seems that famous comment Nixon is known for "I'm not a crook" had nothing to do with Watergate but his finances. To show he wasn't a crook he released his tax returns. When he did they found help paid about $6,000 in taxes on about $800,000 in income. The IRS did an audit and Nixon ended up paying an additional $400k in taxes.
When Ford became President he voluntary released his taxes and Presidents and candidates have done so since.
I see Trump is making noises that he will release his tax returns sooner then later. We'll see.
|
|
|
Post by papercrafteradvocate on May 12, 2016 15:52:04 GMT
Next they'll be demanding his birth certificate! HA HA HA! The fact is that Trump has demanded all sorts of insane things from prior candidates, but when it comes to something that everyone releases, he is not sharing. To me, that means he is hiding something. The fact that he is being audited doesn't bother me at all. I imagine he, like others of great wealth get audited way disproportionately to us regular people. But you can't ask/demand/insist that others be forthcoming and not yourself. Well, I guess you can, but you should be called on it! I imagine that he's refusing NOT because he has anything to hid per se, I think he's refusing because he can! It's something he can do and it will drive the others mad, get them all focused on why he isn't releasing them, taking up their time and resources on this one thing. He claims he is $8.5 (-ish) billions, In October 2015, Forbes had him at $4.5 billion. I also think he does not want to release them so that others can see his bad debt/tax write offs that he takes.
|
|
sweetpeasmom
Pearl Clutcher
Posts: 2,832
Jun 27, 2014 14:04:01 GMT
|
Post by sweetpeasmom on May 12, 2016 16:00:31 GMT
I mean so many people including pro-trump people make BIG SHIT out of Hillary Clinton and how much she makes for speeches but they only know that because she realeases her tax records. LOl. But they don't need to see Trump's? Ok that makes sense! My impression wasn't how much she made giving speeches, it was who she gave speeches for and what she might have said in those speeches.
|
|
ginacivey
Pearl Clutcher
refupea #2 in southeast missouri
Posts: 4,685
Jun 25, 2014 19:18:36 GMT
|
Post by ginacivey on May 12, 2016 16:03:40 GMT
I don't think he's hiding anything. I don't think any candidate should have to release their tax returns. As long as they file a tax return annually that's all I care about. i agree - if there is something out of line- you'd think the IRS would catch it. i mean....that's their function gina
|
|
MerryMom
Pearl Clutcher
Posts: 2,615
Jul 24, 2014 19:51:57 GMT
|
Post by MerryMom on May 12, 2016 16:08:47 GMT
I think the public view of tax returns is needed as it displays the full disclosure of how the person makes money, speaking engagements in front of special interests groups, books, real estate, job as a pharmacist, investment in foreign companies, ownership in foreign companies, etc. As others have posted, "conflict of interest", is the person disclosing per the laws.
Methinks many of those who don't care whether he releases his tax returns are the same ones who would be "outraged" if Hillary Clinton wasn't releasing her tax records. Fox News and the Tea Party and Americans for Prosperity etc. would have that on a 24 hour report cycle and recycle for days and weeks and months.
Being transparent is part of being in a public office, and that includes your financials.
ETA: Copy and paste from a good article>>
Here are some general questions that a full release of at least several years of his tax returns might usefully answer:
1) Income: Trump has made the size of his fortune a centerpiece of his presidential campaign, implying that it’s a measure of his success as a businessman. He has also correctly noted that the income shown on his tax returns isn’t a reflection of his total wealth. Even so, income is a basis for assessing some of the foundations of any individual’s wealth -- and would certainly reflect the financial wherewithal of the businesses in which Trump is involved.
After Fortune’s Shawn Tully dug into Trump’s financial disclosures with the Federal Election Commission and an accompanying personal balance sheet his campaign released, he noted in March that Trump “appears to have overstated his income, by a lot, which could be the reason he has so far tried to avoid releasing his returns.” Tully said that Trump apparently boosted his income in the documents by conflating his various businesses’ revenue with his personal income. Trump didn’t respond to Tully’s assessment, but he could clear up all of that by releasing his tax returns.
2) Business Activities: Trump has long claimed that his company, the Trump Organization, employs thousands of people. He has also criticized Fortune 500 companies for operating businesses overseas at the expense of jobs for U.S. workers. Trump’s returns would show how active he and his businesses are globally -- and would help substantiate the actual size and scope of his operation.
3) Charitable Giving: Trump has said that he’s a generous benefactor to a variety of causes -- especially war veterans -- even though it’s been hard to find concrete evidence to support the assertion. Other examples of major philanthropic largess from Trump have also been elusive. Trump could release his tax returns and put the matter to rest.
4) Tax Planning: There’s been global attention focused on the issue of how politicians and the wealthy use tax havens and shell companies to possibly hide parts of their fortunes from authorities. If released, Trump’s returns would make clear whether or not he used such vehicles.
5) Transparency and Accountability: Trump is seeking the most powerful office in the world. Some of the potential conflicts of interest or financial pressures that may arise if he reaches the White House would get an early airing in a release of his tax returns.
For the last 40 years, presidential candidates have released their returns. Trump, of course, has portrayed himself as the un-candidate, the guy who bucks convention. But disclosing tax returns is a valuable political tradition that’s well worth preserving.
|
|
MerryMom
Pearl Clutcher
Posts: 2,615
Jul 24, 2014 19:51:57 GMT
|
Post by MerryMom on May 12, 2016 16:13:19 GMT
I don't think he's hiding anything. I don't think any candidate should have to release their tax returns. As long as they file a tax return annually that's all I care about. i agree - if there is something out of line- you'd think the IRS would catch it. i mean....that's their function gina The IRS does not audit for nor would catch whether a public official or a candidate for public office is following the laws that surround reporting of gifts, travel, speeches, etc. Those are ethics laws that surround the financial disclosure of the public official or candidate. Two totally different things.
|
|
|
Post by BeckyTech on May 12, 2016 16:14:22 GMT
|
|
carhoch
Pearl Clutcher
Be yourself everybody else is already taken
Posts: 3,115
Location: We’re RV’s so It change all the time .
Jun 28, 2014 21:46:39 GMT
|
Post by carhoch on May 12, 2016 16:24:36 GMT
So so that make it OK for Mr. Trump not release his Taxes ....really !
|
|
MerryMom
Pearl Clutcher
Posts: 2,615
Jul 24, 2014 19:51:57 GMT
|
Post by MerryMom on May 12, 2016 16:27:18 GMT
So so that make it OK for Mr. Trump not release his Taxes ....really ! And she had to link a 2012 article.
|
|
|
Post by refugeepea on May 12, 2016 16:39:06 GMT
Why are bringing up Obama's cabinet members in a thread about the presumed Republican running for president? Do you want Trump to release his taxes or not?
|
|
|
Post by brina on May 12, 2016 17:40:55 GMT
I am not sure how I feel about the releasing of the actual tax returns, but I am a bit put out by his refusal to do so. Mostly because to me it seems like he has serious issue with double standards-about what he feels applies to others vs. what he feels applies to him. He seems to think that there should be full on, window pane clarity transparency for others, but that he himself doesn't have to do the same. That bothers me. Exactly! My issue is more with his demand that Romney release his returns when Romney was running but his refusal to release his own.
|
|
|
Post by BeckyTech on May 12, 2016 17:43:18 GMT
So so that make it OK for Mr. Trump not release his Taxes ....really ! Didn't say that. I was responding to the comment that said he (Trump) was probably a tax cheat. Just reminding her that there were multiple tax cheats appointed by Obama. Being a tax cheat was evidently a non-issue then because several got appointed. What would it matter now? Oh. Wait. It would matter because it wouldn't be the Obama administration.
|
|
|
Post by BeckyTech on May 12, 2016 17:44:08 GMT
So so that make it OK for Mr. Trump not release his Taxes ....really ! And she had to link a 2012 article. So there is a statute of limitations on welcoming tax cheats into your administration? Who knew?
|
|
|
Post by BeckyTech on May 12, 2016 18:08:43 GMT
Why are bringing up Obama's cabinet members in a thread about the presumed Republican running for president? Do you want Trump to release his taxes or not? I don't give a flip if he releases his tax returns. Doing so is not required by law. The law requires financial disclosures and he did that already.
I went looking to see who else in Washington is required to release returns. The latest info I could find was that in 2013, only 17 of 525 members of congress released their tax returns. And those returns were only released on the provision that they not be made public! Maybe the law should be changed so that all political candidates release their returns.
What would be most meaningful to me is if spousal interests had to be disclosed. Look how many laws have been passed that we know about, that turned out to be significantly beneficial to the spouse of the congress person. Exceptions to laws, favoritism, bad financial bills (bad for the taxpayer, good for the financial benefit of the spouse.) It's disgusting. And those people are almost never brought up on charges of misconduct because their peers don't have the stomach to do it. Because they know the next time it could be them. Bah. Washington is disgusting.
|
|
|
Post by annabella on May 12, 2016 18:09:34 GMT
And living in a country where ALL tax returns are public (just log on to our equivalent of the IRS' website, and you can find every tax return ever recorded) I find it odd why candidates don't release them. What country do you live in? You mean you can see what everyone earns for a living?
|
|
|
Post by coffeetalk on May 12, 2016 18:28:28 GMT
And she had to link a 2012 article. So there is a statute of limitations on welcoming tax cheats into your administration? Who knew? In the Politico article you linked it also stated, ''The report is part of an annual IRS review of unpaid taxes by government workers across the executive agencies and Congress — and the White House actually has a much lower tax delinquency rate than many of the agencies and Congress. Still, the report is certainly political fodder as President Obama highlights the need for all Americans to sacrifice for the common good.'' It seems the issue is widespread, and I would imagine includes employees and members of Congress from both political parties, spanning multiple administrations so it seems there are ''tax cheats'' of every political stripe. It doesn't make it right any which way it's sliced. As for ''the Donald'' releasing his returns, I say, ''yes.''
|
|
|
Post by miominmio on May 12, 2016 18:38:54 GMT
And living in a country where ALL tax returns are public (just log on to our equivalent of the IRS' website, and you can find every tax return ever recorded) I find it odd why candidates don't release them. What country do you live in? You mean you can see what everyone earns for a living? Norway. And yes. And what amount of tax they pay. Most of us believe it's an important part of democratic control with the political process. If you believe the tax system to be unfair, you can then vote accordingly.
|
|
jayfab
Drama Llama

procastinating
Posts: 5,748
Jun 26, 2014 21:55:15 GMT
|
Post by jayfab on May 12, 2016 21:46:39 GMT
So so that make it OK for Mr. Trump not release his Taxes ....really ! Didn't say that. I was responding to the comment that said he (Trump) was probably a tax cheat. Just reminding her that there were multiple tax cheats appointed by Obama. Being a tax cheat was evidently a non-issue then because several got appointed. What would it matter now? Oh. Wait. It would matter because it wouldn't be the Obama administration. WTH, I don't need reminding thanks. Those aren't running for president. Trump is.
|
|
MerryMom
Pearl Clutcher
Posts: 2,615
Jul 24, 2014 19:51:57 GMT
|
Post by MerryMom on May 13, 2016 13:26:23 GMT
Didn't say that. I was responding to the comment that said he (Trump) was probably a tax cheat. Just reminding her that there were multiple tax cheats appointed by Obama. Being a tax cheat was evidently a non-issue then because several got appointed. What would it matter now? Oh. Wait. It would matter because it wouldn't be the Obama administration. WTH, I don't need reminding thanks. Those aren't running for president. Trump is. Owing back taxes and being a "tax cheat" are not the same thing, but maybe in beckytech's mind, they are the same.
|
|
flute4peace
Drama Llama

Posts: 6,757
Jul 3, 2014 14:38:35 GMT
|
Post by flute4peace on May 13, 2016 14:11:07 GMT
Next they'll be demanding his birth certificate! HA HA HA! The fact is that Trump has demanded all sorts of insane things from prior candidates, but when it comes to something that everyone releases, he is not sharing. To me, that means he is hiding something. The fact that he is being audited doesn't bother me at all. I imagine he, like others of great wealth get audited way disproportionately to us regular people. But you can't ask/demand/insist that others be forthcoming and not yourself. Well, I guess you can, but you should be called on it! Oh but you're forgetting, he's royalty of the business world. 
Perhaps he gets audited because of his business/financial history.
|
|
flute4peace
Drama Llama

Posts: 6,757
Jul 3, 2014 14:38:35 GMT
|
Post by flute4peace on May 13, 2016 14:14:20 GMT
HA HA HA! The fact is that Trump has demanded all sorts of insane things from prior candidates, but when it comes to something that everyone releases, he is not sharing. To me, that means he is hiding something. The fact that he is being audited doesn't bother me at all. I imagine he, like others of great wealth get audited way disproportionately to us regular people. But you can't ask/demand/insist that others be forthcoming and not yourself. Well, I guess you can, but you should be called on it! I imagine that he's refusing NOT because he has anything to hid per se, I think he's refusing because he can! It's something he can do and it will drive the others mad, get them all focused on why he isn't releasing them, taking up their time and resources on this one thing.He claims he is $8.5 (-ish) billions, In October 2015, Forbes had him at $4.5 billion. I also think he does not want to release them so that others can see his bad debt/tax write offs that he takes. Bolded: I hadn't thought of this, but you make an excellent point.
I completely agree with your third sentence. On the other hand, he does seem to brag about his acumen in "working the system", so who knows.
|
|
|
Post by papercrafteradvocate on May 13, 2016 14:18:57 GMT
Maybe another thread topic...have you noticed that The Donald's camp is almost all white men? No ethnicity, no women, no color?
|
|
Deleted
Posts: 0
Aug 18, 2025 20:15:15 GMT
|
Post by Deleted on May 13, 2016 14:40:16 GMT
Maybe another thread topic...have you noticed that The Donald's camp is almost all white men? No ethnicity, no women, no color? Given his rhetoric, you wouldn't expect any diversity would you? 
|
|
Deleted
Posts: 0
Aug 18, 2025 20:15:15 GMT
|
Post by Deleted on May 13, 2016 16:02:24 GMT
I just heard something about The Donald posing as his publicist and called PEOPLE magazine? WTF?
|
|
carhoch
Pearl Clutcher
Be yourself everybody else is already taken
Posts: 3,115
Location: We’re RV’s so It change all the time .
Jun 28, 2014 21:46:39 GMT
|
Post by carhoch on May 13, 2016 16:42:15 GMT
I just heard something about The Donald posing as his publicist and called PEOPLE magazine? WTF? And what about the butler storie ! Every day a new story about him comes out that's a little worse than the day before .
|
|
Dalai Mama
Drama Llama

La Pea Boheme
Posts: 6,985
Jun 26, 2014 0:31:31 GMT
|
Post by Dalai Mama on May 13, 2016 16:47:28 GMT
No, not like that.
Tax cheat as in 'underreporting income on a tax return for the purpose of saving taxes', not 'owing taxes on correctly reported income'.
|
|