Showing posts with label Donald Trump taxes. Show all posts
Showing posts with label Donald Trump taxes. Show all posts

Thursday, May 9, 2019

Wanna know why Donald Trump won't release his taxes?

Show of disgust for Donald Trump
Treasury Secretary Steve Mnuchin has told Richard Neal, D-Massachusetts, House Ways and Means Committee Chairman, that he won't be getting President Donald Trump's tax returns. CNN says this will result in the form of a subpoena, a contempt vote or a lawsuit. Because of the Oval Office lunatic, the Democrats are spending most of their time lately with threats and subpoenas. The question, of course, is will this all result in exposing the deceit of T-rump's administration?
On the other hand, New York Attorney General Letitia James (D) on Monday filed a lawsuit against the Treasury Department and IRS because the Trump organization hasn't responded to her request for tax information. T-rump loves lawsuits, but he prefers being on the complainant side rather than the receiving side. With recent loses in the Trump businesses of $1 billion over the past 10-years, you'd think he'd be running out of money. Hell, he'll just borrow more.

Mnuchin's actual statement...
"In reliance on the advice of the Department of Justice, I have determined that the Committee's request lacks a legitimate legislative purpose, and ... the Department is therefore not authorized to disclose the requested returns and return information."
Another typical Donald Trump move, but CNN's Chris Cillizza thinks he knows why the Oval Office lunatic won't release his taxes...
1) Trump is not as rich as he says; 2) He has Russia ties; 3) He didn't pay many (or any) taxes; 4) He donates no (or very little) money to charity
Each of these could be embarrassing to all but the loyal Trump supporters who are ill-informed and mentally challenged. Trump actually said during the 2016 campaign that he would release his tax returns, but this, along with most things he says, turned out to be a lie. And the 'I'm under audit' excuse isn't valid since "there is no law that forbids a president -- or any citizen -- from releasing their taxes while under audit."

We just have to assume that Donald Trump has so much to hide as far as his taxes are concerned, that it could ruin his reputation and shame him for life. But not sure he has the mental capacity to actually understand that.

Saturday, April 6, 2019

What we need are "inferences" on Trump tax returns

As the Democrats draw closer to getting the tax returns of the Oval Office lunatic, there is a federal law protecting them and him...
"it is a felony, punishable by up to five years, to improperly disclose private tax information."
Okay, then we have to plan our strategy something like, 'My cat paid more taxes than Donald Trump.' That would nail it on the head if he is avoiding paying personal taxes. Or, 'Sounds like something John Gotti would have done.' This tells us there is definitely something illegal in T-rump's tax filings. And I am sure the Dems can come up with a host of approaches that will reveal the personal side of the most corrupt president this country has ever experienced.

However, this is apparently not a done deal, getting Trump's taxes, that is...
"Ways and Means Chairman Richard Neal (D-Mass.) demanded this week that the administration turn over six years' worth of Trump’s individual and business tax returns, giving them a deadline of April 10."
The potential hassle of obtaining Trump's taxes has been kinda downplayed so far but Democrats do have a card up their sleeve...
"They are relying on a statute that allows the heads of Congress’s tax committees to examine anyone’s confidential taxes. Advocates of the effort emphasize that the law says the Treasury Secretary 'shall' hand over any requested returns."
We can only hope that all this effort will be worth it.

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