Tag Archives: tax returns

Tax returns: Are they going to be released … finally?

Manhattan District Attorney Cyrus Vance has invoked the legal power of his office to seek to obtain something that has been on the minds of millions of Americans since the moment Donald Trump announced his campaign for the presidency of the United States.

Vance has subpoenaed Trump’s tax returns. Yep, he’s on the hunt for information relating to that hush money payment Trump made to a porn star to keep her quiet about a fling that Trump says never happened.

Stephanie Clifford, aka Stormy Daniels, is back in the news. 

Clifford said she and Trump had a one-night tumble in 2006 in a hotel room. Trump said it didn’t happen, but he paid her 130 grand to keep quiet about it anyway. Go figure.

Vance wants to see Trump’s tax returns over the past eight years to find out the details of how the payment was made and whether the president violated campaign finance laws to make it.

Well now. How do you think this will turn out?

I happen to one American who believes I have a right to know about the president’s finances. I want to know whether he’s as rich as he says he is. I want to know whether he has profited from his high office. I want to know how much he has given to charity. I want to know the kinds of things Americans have known about past presidents and presidential candidates dating back more than four decades.

You see, Trump once promised he would reveal his taxes. Then he changed his mind. Then he said he would do so again. Then he backtracked again. He contends the Internal Revenue Service is auditing his taxes; the audit bans him from releasing the returns, he said. The IRS said, um, no … the audit does no such thing.

Donald Trump has lied and dissembled over the tax returns.

Vance reportedly informed the president’s accounting firm(s) of his desire to see the returns. Trump no doubt will fight it like hell, which I guess is his right.

The liar in chief, though, promised full transparency regarding his tax returns. He has failed to deliver on that promise, just as he has failed to “make America great again.”

Count me as an American who wants DA Cyrus Vance to get his hands on the tax returns. While he’s at it, he can let the country know what they contain.

POTUS interview proved to be a ratings bust? Who knew?

I guess I was one of the few and the proud who decided to watch Donald Trump make an utter a** of himself on national TV. I’m glad I tuned in to the special ABC News “20/20” special with George Stephanopoulos.

Stephanopoulos obtained a 30-hour visit with Trump. He interviewed him at length over a wide range of topics. And, to no one’s surprise, the president managed to make a good bit of news.

  • He revealed he would “look at” intelligence that would come to him from a foreign source that might have “information” about a political opponent.
  •  Trump said he’s leading “everywhere” and disputed the polling data that indicates he is in serious trouble against about six of the Democrats running for president.
  •  The president revealed design plans he has drawn up for a newly reconstituted Air Force One jet.
  •  Trump said something about releasing his “financial records,” but said that decision rests solely with “the lawyers.” He said he wants the country to see the documents, calling them “fantastic.”

Trump keeps demonstrating that he doesn’t have a clue as to what he is doing in the nation’s highest office. I’m certain he lied dozens of times during the hour-long program.

He chastised Stephanopoulos, suggesting he is a purveyor of “fake news,” to which the ABC News anchor didn’t flinch, didn’t blink, didn’t take the bait.

I think my favorite part was when Trump talked down to Stephanopoulos, seeming to lecture him about “oppo research,” which is the material he would “look at” were it to come from a foreign source.

As if Stephanopoulos, a former Bill Clinton campaign and White House aide wouldn’t know what he’s talking about. Good grief!

I was a bit disheartened to hear that the ratings tanked on the “20/20” special. I found it edifying, although I doubt it changed any minds.

The Trumpsters no doubt cheered the president. The rest of us simply jeered him.

Trump says ‘voters don’t care’ about tax returns; wrong!

What do you mean, Mr. President, that “voters didn’t care” about your tax returns?

I am a voter! I surely do care about your tax returns!

I believe, sir, I have a right to see them, along with millions of other Americans. Why am I insisting on seeing them? I’ll tell you why.

You said during the 2016 presidential campaign that you would release them. Then you reneged.

You kept bragging about what a brilliant businessman you were prior to running for president. Now we hear that you weren’t what you said you were, with all those losses for a decade prior to 1994.

As president, you are responsible for helping assess tax burdens on all Americans. Yes, you propose tax rates, but Congress disposes of them. Still, we need to know whether you are paying the same “fair share” you are demanding of the rest of us.

Finally, previous presidents and candidates for president have released their returns. They aren’t legally bound to do it. It’s customary. It’s tradition.

So, Mr. President, do not put words in my mouth. Besides, you are too shameless a liar whose own words cannot be trusted in any shape or form.

I care a lot about seeing those tax returns.

Turn ’em over!

Trump’s tax returns: the gift that keeps on giving

We need to see Donald John Trump’s tax returns. There can be no doubt about that.

Is the president legally obligated to provide them? No. He certainly is not. However, political tradition dating back more than four decades has resulted in presidents and candidates for president to allow the public full access to their personal financial condition.

Trump, though, keeps changing his tune. He once said he would release them once the Internal Revenue Service completed an audit; then he backed away from that pledge; now he is resisting efforts from Congress to obtain them in accordance with the law.

Why is this important?

He campaigned for president on the basis of the fabulous wealth he said he accrued. Trump kept boasting about how he is “really rich.” Now we hear from The New York Times that the real estate mogul lost more than a billion bucks for a decade ending in 1994, which seems to belie Trump’s assertion of his business brilliance.

More to the point, though, are the questions that continue to lurk out there regarding his business dealings with Russia. He said he does not do business with Russians. Those who are close to Trump say otherwise. Who’s telling the truth?

And, yes, the Russia issue is pertinent because of all those questions about the Russian involvement/interference in our 2016 presidential election.

Trump has thumbed his nose at countless political norms since announcing his presidential candidacy. One of them has been to withhold his tax returns from public view. There must be some reasons that Trump won’t reveal them: He isn’t as rich as he says he is; he gives next to nothing to charity; he doesn’t pay his share of federal taxes; he has extensive business dealings with those nasty Russians.

And yet, the president keeps insisting that there’s nothing to see. It’s time to move on.

Well, if there’s nothing to see, why doesn’t Trump just let us make that call for ourselves?

I believe there is plenty to see. That likely explains everything about what Trump is hiding from public view.

What? Trump lost a bundle of cash? Wow! Who … knew?

The New York Times released a scoop today, telling the world that Donald Trump, the self-proclaimed “self-made” business genius, lost more than a billion bucks for a decade ending in 1994.

Well, who would’ve thought that?

I’ll admit to being not terribly surprised. The NY Times was able to obtain tax documents — not the actual returns, mind you — that tell of Trump’s business misadventures.

In 1990 and 1991, according to those documents, Trump lost $250 million, which reportedly is the largest amount lost during that time by an American taxpayer. The documents also reveal that Trump lost so much money that he didn’t pay any taxes for eight of those 10 years.

How about that?

The world already knows that his late father, Fred, staked him a huge amount of money to get started when he finished his education at the “best college.” Donald Trump, though, had previously portrayed himself as a self-made tycoon, a mogul who built his huge empire from scratch.

Hmm. Not so.

Now we are able to look just a little more deeply into what kind of fraudulent picture he painted of himself.

Yep, U.S. Sen. Mitt Romney was right in 2016 when he described the future Republican Party presidential nominee as a “phony” and a “fraud.”

Trump does a One-Eighty on tax returns

I guess I was asleep when this occurred.

Donald J. Trump used to proclaim that he would release his tax returns for public review as soon as the Internal Revenue Service finished its “routine audit.” He said that, yes?

Now he says something quite different. He now is declaring that he won’t release his tax returns under any circumstance.

Huh? What happened? When did the president change his tune?

He has declared all along he had nothing to hide. No business dealings with Russia. No tax dodge. Nothing improper, let alone illegal.

So when is he going to let the public see the returns of the man who helps shape national tax policy, who is partly responsible for the requiring the rest of us to pay our fair share of taxes? It’s only fair, I believe, to demand that we see whether the Big Man pays his fair share, too.

Is that unreasonable? I don’t believe it is.

Will keep harping about tax returns … until we see ’em

It boils down to a simple proposition.

Donald Trump cannot be trusted to tell us the truth about anything. Nothing. Not a single thing he says is to be believed.

Thus, when he says that he cannot release his taxes for public examination because the Internal Revenue Service is “auditing” his returns, I do not believe him.

The president of the United States is a pathological liar. He cannot tell us the truth about any issue, at any level.

I had hoped special counsel Robert Mueller’s investigation into The Russia Thing might reveal the president’s tax returns. It looks as though it won’t. I continue to hope that Congress’s demands that the IRS release will enable them will force the agency’s hand.

Trump keeps telling us there’s nothing to hide. Yet he does hide them from us. He snubs political tradition dating back more than four decades. Every presidential candidate since 1976 has revealed his or her income. Trump refuses.

He is not to be believed. I suspect the audit is a ruse. This individual is deliberately keeping something from the public’s scrutiny.

Why is this important? Let’s set aside the noise about potential Russian influence on Trump’s business dealings.

Presidents are involved in helping establish tax policy for all Americans to follow. Congress enacts the laws, to be sure. Presidents, though, make them law with his signature. Therefore, Americans have every right to know whether the president of the United States is paying his fair share of taxes and doing what he and Congress demand of the rest of us.

That is notwithstanding all the other issues that continue to swirl around the president.

So when this individual tells us he has “no business dealings with Russia,” and that the IRS is “conducting a routine audit,” and that he is worth gazillions of dollars that he earned the hard way, he expects you and me to believe him.

I do not believe a single word that flies out of this guy’s mouth.

Thus, the president needs to produce the goods.

I will keep harping on it until he does.

Self-awareness, Mr. POTUS … self-awareness

There he goes again, spouting nonsense without a semblance of self-awareness.

Donald “Braggart in Chief” Trump is now criticizing Sen. Bernie Sanders because his tax returns reveal he is — gasp! — a millionaire. Sanders is one of a few dozen Democrats running for president. He had declined to release his tax returns until now. He has done so and we are now hearing that the champion of “income equality” is worth a good bit of dough in his own right. But . . . that’s another story for another time.

What is astonishing yet again is that Trump would dare mock someone who has done the very thing many millions of Americans are demanding of the president: release his tax returns.

Then again he launched into his requisite nicknaming of foes, saying in this Twitter message: “I believe it will be Crazy Bernie Sanders vs. Sleepy Joe Biden as the two finalists to run against maybe the best Economy in the history of our Country (and MANY other great things)! I look forward to facing whoever it may be. May God Rest Their Soul!”

That final sentence needs some examination too, but perhaps at a later date.

Still, the president is being engulfed by his own phony sense of self-worth — politically and perhaps financially. Given that he brags incessantly about his filthy rich he is, we are being asked to take him at his word, that he really is as wealthy as he claims to be.

Sure thing, Mr. President. You’re such a trustworthy individual. We can believe everything you say. Is that right? No. It isn’t!

Release your tax returns so we can judge for ourselves.

As for his criticism of Sen. Bernie Sanders’ wealth . . . I am laughing my a** off.

Dems ‘not smart enough’ to read POTUS taxes? Why, I never …

White House press flack Sarah Huckabee Sanders said this weekend that Democratic lawmakers aren’t “smart enough” to pore over Donald Trump’s tax returns.

If I were a Democratic lawmaker I would take serious offense at what she said.

Two reasons stand out:

(a) Democrats can hire tax accountants to interpret all the fine points for me. Surely someone with an MBA can determine whether the president has paid his fair share of taxes, or whether he has business interests in Russia that might be construed as putting him in a compromising position.

(b) Democratic members of Congress are as smart as their Republican friends and colleagues. They surely are as smart as the president and — dare I say it — his press secretary.

Well, all that aside, for Sarah Huckabee Sanders to toss a heaping helpful of Trump-like disrespect is insulting on its face.

But . . . the Trump base loves it when the president and his flack are “telling it like it is.”

Knock off the BS, Mr. POTUS, about those tax returns

If I may borrow a phrase that Donald Trump has used on the political rally stump . . .

Suggesting that an alleged Internal Revenue Service audit of his tax returns prevents him from releasing them to the public is pure, unadulterated bullsh**!

The president has been all over the pea patch on this matter.

He refused to release the returns when he announced his candidacy in 2015; he said he would do so when the “routine” audit was complete. Three years later, we still haven’t seen them. He has said he would release them, then he has reversed himself. The House Ways and Means Committee has ordered the IRS to release them. Special counsel Robert Mueller might have obtained them during his 22-month investigation into The Russia Thing. Now the president would have us believe the IRS is still auditing him.

Now he’s threatening to fight their release.

Why? Is there something to hide?

He has said repeatedly he has nothing to keep secret. For its part, the IRS says an audit does not preclude a release of tax returns.

Donald Trump, moreover, has yet to produce a letter acknowledging that the IRS is even auditing his returns, which makes many millions of believe that Trump is lying — imagine that, will ya? — about the audit.

Americans have every right to demand that the president release his returns, given the role he plays in the setting of tax policy.

I am one of those Americans.

I demand to see those returns. Turn ’em over, Mr. President!