The Soapbox

Hoodafan

Joined: 09/29/2013 Posts: 60864
Likes: 57518


He thinks that by saying "I’m all for voluntary disclosure by presidents"?


If anything this illegal but oh so predictable "leak" shows even more why Trump wouldn't and probably shouldn't release his tax returns now. Have you seen some of the stupidity and inane claims seemingly intelligent people are making about these leaked returns? The millions of ignorant amateur tax auditors would cherry pick those returns to death and flat out lie about what they say, while being held out by the DNC's media arm as "experts".

And yes, the tweeter does address some of those specifically. You could start with these:

"Consulting fees, legal fees, bad debt deductions, depreciation, charitable contributions, capital losses, passive loss deductions, etc. are part and parcel of what tax returns look like for high income folks. There’s nothing unusual about finding them. 5/"

"The tax code is full of these legal, legitimate tax planning opportunities. In order to use them, you usually have to risk significant capital, be willing to endure years of losses, and generally be in the business of business. 9/"

"This story is nothing more than the “Orange Man Bad” version of “gotcha” pieces liberal journalists routinely run about how big companies don’t pay taxes. The stories invariably cherry pick years and items favorable to the story’s bias. 13/"

(In response to this post by hoolstoptheheels)

Posted: 09/28/2020 at 11:14AM



+0

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
  Your sauce is getting weaker and weaker -- DTsBicep 09/28/2020 10:18AM
  Nothing was explained except the tweeter’s view that a -- hoolstoptheheels 09/28/2020 10:15AM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781
vm307