#5
She claimed it was legal for her to do so under the First Ammendment Not true, another lie. By federal law, it is illegal to publish an unauthorized tax return:
“It shall be unlawful for any person to whom any return or return information (as defined in section 6103(b)) is disclosed in a manner unauthorized by this title thereafter willfully to print or publish in any manner not provided by law any such return or return information. Any violation of this paragraph shall be a felony punishable by a fine in any amount not exceeding $5,000, or imprisonment of not more than 5 years, or both, together with the costs of prosecution.”
Posted by: Deacon Blues ||
03/15/2017 10:40 Comments ||
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#6
I read on instapundit that the 2005 taxes were released last year, so she didn't even get a scoop.
[HOSTED.AP.ORG] President Donald Trump ...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States... earned $153 million and paid $36.5 million in income taxes in 2005, paying a roughly 25 percent effective tax rate thanks to a tax he has since sought to eliminate, according to highly sought-after tax documents disclosed Tuesday night.
The pages from Trump's federal tax return show the then-real estate mogul also reported a business loss of $103 million that year, although the documents don't provide detail. The forms show that Trump paid an effective tax rate of 24.5 percent, a figure well above the roughly 10 percent the average American taxpayer forks over each year, but below the 27.4 percent that taxpayers earning 1 million dollars a year average, according to data from the Congressional Joint Committee on Taxation.
The form were obtained by journalist David Cay Johnston, who runs a website called DCReport.org, and reported on MSNBC's "The Rachel Maddow Show." Johnston, who has long reported on tax issues, said he received the documents in the mail, unsolicited.
Trump's hefty business loss appears to be a continued benefit from his use of a tax loophole in the 1990s, which allowed him to deduct previous losses in future years. In 1995, Trump reported a loss of more than $900 million, largely as a result of financial turmoil at his casinos.
Tax records obtained by The New York Times ...which still proudly displays Walter Duranty's Pulitzer prize... last year showed the losses were so large they could have allowed Trump to cheat on taxes for up to 18 years. But Trump's 2005 filing shows another tax prevented him from realizing the full benefit of those deductions.
Posted by: Fred ||
03/15/2017 01:05 ||
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#1
Gee, I wonder if any of this was NOT allowed by the IRS rules and laws passed by Congress?
I wonder if any in the media give a meadow muffin about legality?
Posted by: Bobby ||
03/15/2017 7:23 Comments ||
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#2
The spin on NBC news this morning is that President Trump's deductions ae legal, but lower than the level that the average American pays, that it is not illegal to hire someone to do your returns for you, and that he has not released his recent returns.
#3
Tax records obtained by The New York Times last year showed the losses were so large they could have allowed Trump to cheat on taxes for up to 18 years
It's not cheating if the IRS allows it, bugwit.
Posted by: Deacon Blues ||
03/15/2017 7:48 Comments ||
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#7
Bobby, She claimed it was legal for her to do so under the First Ammendment Not true, another lie. By federal law, it is illegal to publish an unauthorized tax return:
“It shall be unlawful for any person to whom any return or return information (as defined in section 6103(b)) is disclosed in a manner unauthorized by this title thereafter willfully to print or publish in any manner not provided by law any such return or return information. Any violation of this paragraph shall be a felony punishable by a fine in any amount not exceeding $5,000, or imprisonment of not more than 5 years, or both, together with the costs of prosecution.”
Posted by: Deacon Blues ||
03/15/2017 10:42 Comments ||
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#8
Another thing the media will never tell you - IRS audit teams practically live at businesses like Trump's.
#10
IRS audit teams practically live at businesses like Trump's.
Posted by: Raj
Practically nothing, they do LIVE there in a business sense. I've worked at a couple of places where the IRS has their own offices right next to the internal auditors and the external auditors. They usually all seemed quite friendly, especially when the business was a defense contractor.
[Breitbart] President Donald Trump will lay a wreath on former president Andrew Jackson’s grave on Wednesday before holding a rally for supporters in Nashville, Tennessee, according to CNN.
It’s another symbolic gesture towards Jackson’s legacy as a self-made man who represented the common people over the elites enraged by his rise. Trump hung a portrait of the seventh president in the Oval Office five days into his presidency.
"There hasn’t been anything like this since Andrew Jackson," Trump said at the time of his inauguration. The president admires Jackson, calling him "an amazing figure in American history--very unique so many ways." Trump especially respected Jackson’s "ability to never give up."
Trump’s advisors have compared him and his populist, nationalist movement to Jackson. White House Chief Strategist Steve Bannon called Trump’s inauguration speech "Jacksonian," and said in an interview with the Hollywood Reporter that "like Jackson’s populism, we’re going to build an entirely new political movement."
"I’d say [Donald Trump] is the best public orator since William Jennings Bryan, and he has a better sense of the pulse of the people than any President at least since Andrew Jackson," White House Senior Adviser Stephen Miller told ABC News in February.
As Breitbart News’ Warner Todd Huston pointed out, the elites excoriated Jackson for letting the common man make themselves heard. Like Trump, Jackson rallied enormous numbers of Americans together while pursuing a populist agenda.
"No one who was at Washington at the time of General Jackson’s inauguration is likely to forget that period to the day of his death," journalist and author Arthur J. Stansbury recalled at the time, as explained in a biography of Francis Scott Key.
"To us, who had witnessed the quiet and orderly period of the Adams administration, it seemed as if half the nation had rushed at once into the capital. It was like the inundation of the northern barbarians into Rome, save that the tumultuous tide came in from a different point of the compass," he continued. "The West and the South seemed to have precipitated themselves upon the North and overwhelmed it. On that memorable occasion you might tell a ’Jackson man’ almost as far as you could see him. Their every motion seemed to cry out ’Victory!’"
The Obama administration had wanted to remove Jackson from the $20 bill.
Read Breitbart News’ explanation of Jackson’s legacy, and the Trump agenda’s connection to it, here. The "Noble Savages"™ are not going to like this.
#8
The Obama administration had wanted to remove Jackson from the $20 bill.
It cheaply (political cost) gives a thrill to the Reparation Justice crowd of the Progressives. The Native American Tribes have an understandably visceral hatred of Jackson because of the Trail of Tears. Put a LibProg icon on the 20-bill and strike an Old White Guy equals a Win-Win.
#11
The Cherokee cast their lot with the British and lost...who knows what would've happened had they sided with the Patriots. It aint all one sided here in Tennessee...the Cherokee were rezponsie for their share of war crimes.
#12
and they (allegedly) gave us Senator Elizabeth Fauxcahontas Warren. For that they should've paid, and paid dearly
Posted by: Frank G ||
03/15/2017 11:58 Comments ||
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#13
g(r)omgoru, if by the author you mean me, that answer would be San Diego California.
Rest assured our universities have been teaching of the horrors against the Native Americans (even when they had to invent a few horrors such as small pox blankets).
It'd be nice if Trump can stick a face to those horrors. A face that also happens to be the Founder of the Democrat party.
#16
War with Mexico was going to happen regardless due to the Bear Flag Revolt. The Battle of Olampali is unique in that it was the only battle of the Bear Flag Revolt that resulted in casualties - and simultaneously can also claim to be the 1st battle of the War with Mexico. The incidents leading up to the battle at Olompali would have continued in scope and desperation - it was just a matter of time. Following the battle, Ford's men then commandeered a boat - made way to the Spanish fort at San Francisco, disabled the cannon there and then returned to Sonoma.
Posted by: Rex Mundi ||
03/15/2017 15:17 Comments ||
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#17
g(r)omgoru, I'm not a liberal anguishing over the ills. If the native Americans were not dispossessed by Anglos (and a lot of Scots and Germans) they would have been dispossessed by other Europeans, many of whom were a lot nastier.
So in other words the trail of tears doesn't bother me so much, but it does bother liberals and knowing it was one of the Democrat leaders is bound to cause some hair pulling and tears.
#18
#15, right on. These are exciting times. Trump far outclasses these phonies. Far more intelligent than they realize. Watch him play these phonies and enjoy. This is history as dramatic as sending man to the moon. The future is now.
#19
RJ, consistency is not a hobgoblin of the liberal mind (apologies to Joel Rosenberg). They'll integrate the fact that Andrew Jackson founded the democratic party in their worldview the same way they've integrated the fact that Abraham Lincoln, a republican, freed the slaves.
You want to hurt a liberal - use a stick.
#20
Native American males were a warrior people. They called them savages for good reason. Read what they did to captives and carcasus during the French and Indian war.
The Cherokee were more civilized, but their women married whites at the drop of a hat because they were still more civilized.
I met several Cherokee during my lifetime and unfortunately their culture still contains considerable strife amongst their own circles.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
