Tag Archives: IRS

Hey, Mr. President-elect, how about those tax returns?

Donald J. Trump says only the media are concerned about his tax returns.

I beg to differ.

A lot of Americans way outside the mainstream media have become interested in those returns. You see, it’s that Russian hacking issue that has re-energized the interest in Trump’s returns. Specifically, it centers on whether he has business dealings in Russia. Trump denies it. But if prior presidential scandals have shown — such as, say, Watergate — we’ve all learned that we cannot take a president solely, exclusively at his word.

Trump keeps yammering about a “routine audit” that kept him from releasing the returns during the campaign. It was yet another “tradition” he tossed aside; presidential candidates have released those records every election cycle since 1976.

Trump won the election despite his refusal to comply with that tradition, not to mention all the other traditions he tossed over the cliff.

The taxman’s audit doesn’t preclude releasing these returns. Trump knows it. His accountants know it. So do his lawyers.

For that matter, Trump still hasn’t even provided proof that he, in fact, is even being audited by the Internal Revenue Service.

Come clean, Mr. President-elect. This inquiring mind — along with millions of others — want to know the unvarnished truth about those alleged Russian business dealings.

Once more about those tax returns

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Donald J. Trump says he’s going to pocket a dollar a year while serving as president of the United States.

How will we know that? I guess we’ll just have to take him at his word.

The public hasn’t seen his income tax returns, after all. Trump said on “60 Minutes” Sunday night that a “routine audit” precludes him from releasing those returns, which he said he’ll do at the appropriate time.

I am sick and tired of hearing this refrain from the president-elect.

A routine audit doesn’t prevent the release of those returns. Moreover, the public still has no demonstrable proof that Trump is actually even being audited in the first place; the Internal Revenue Service does not comment on such matters.

This is one of the many — likely countless — baffling elements of the election that we’ve just endured.

Trump says he’ll forgo virtually all of the $400,000 annual salary the president earns. Perhaps we can take the $399,999 he won’t accept to the bottom line each year.

At one level, I applaud his pledge to skip the salary.

At another level, I just wish I could take him at his word completely that he’ll do what he says he’ll do.

Calls for Trump to quit race are mounting, but …

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The Deseret News of Salt Lake City has joined a growing chorus around the country in demanding that Donald J. Trump, the Republican nominee for president, quit his campaign.

The editorial is attached here:

http://www.deseretnews.com/article/865664336/In-our-opinion-Donald-Trump-should-resign-his-candidacy.html

He probably won’t quit, although I hate to predict anything at this point of a growing scandal that only promises to get worse.

My own sense is that Trump is thinking about it, considering at some level to call it quits, to hand this presidential nomination over to VP nominee Mike Pence.

He has vowed to go the distance.

Frankly, I want him to stay in the race. It’s not that I want this man to redeem himself. I believe that politically speaking he is beyond redemption.

Republican Party primary voters very well could have known this kind of news would splatter itself all over the campaign. Yet they punched their ticket next to a man who “tells it like it is,” who eschews “political correctness,” who has promised to “build a wall” to keep out the Mexican “rapists, drug dealers and killers” and who has pledged to ban all Muslims from entering the United States of America.

Oh, the personal stuff? The three marriages and his boasts about all his sexual conquests, the language he uses to describe women? Pfftt! Doesn’t matter, man.

Trump “isn’t a politician,” the mantra goes. Well, actually he became a politician the moment he rode down the escalator at Trump Tower to announce his campaign for the presidency.

The media are largely complicit, too, in allowing this man to get to this point. They didn’t call him out immediately for the lies he told about seeing “thousands of Muslims cheering” the collapse of the Twin Towers on 9/11, or for the phony excuses he gives for refusing to release his income tax returns.

The Deseret News has taken a bold step in calling for Trump to quit the race. I get that it dislikes Democratic nominee Hillary Clinton, too, and cannot endorse her candidacy.

There will be more of this kind of demand in the days to come before the election.

Let us not kid ourselves, though. The Republican Party’s primary voters have made their choice. It’s Donald J. Trump. They now must swallow what he fed them on his march to their party’s presidential nomination.

Is Trump really and truly that rich?

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Donald J. Trump does something quite unique — it seems to me — among the filthy rich.

He brags about it. The Republican presidential nominee has been telling us long before he became a politician about how much money he possesses.

Trump boasts about his business acumen. He keeps telling us about the “fantastic” success he has enjoyed. He insists — as he did in the first “debate” with Hillary Clinton — that he isn’t being “braggadocious”; he said he keeps harping on it because America needs a president who “knows something about money.”

Well, as others have asked, do we hear other megazillionaires boast in this manner? Does Warren Buffett tell us about the billions he is worth? Do we hear such things from Bill Gates? Does Jeff Zuckerberg yammer about the billions of bucks in his portfolio?

No.

And this brings me — yet again — to this issue of Trump’s tax returns. He hasn’t released them for public review, claiming that an Internal Revenue Service audit prevents him from releasing them; the IRS said an audit prevents nothing of the sort.

I am among many Americans who wonder just why Trump refuses to do what presidential candidates have done since 1976. The questions are numerous and varied. They center on the tax burden he bears, his relationships with foreign governments, his charitable contributions.

It’s the kind of information that those who have sought to become president of the United States has customarily revealed to those they seek to govern.

My first question is a simple and straightforward one: Do these returns reveal that Trump isn’t nearly as wealthy as he claims to be?

‘Smart’ to avoid paying taxes? OK, how do we fix what’s wrong?

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Thomas Friedman asks “How could we?” elect someone who says things he says.

The New York Times columnist, naturally, is referring to Donald J. Trump, the Republican presidential nominee who keeps spouting rhetoric that’s either ridiculous, false, ludicrous … or all of it.

http://www.nytimes.com/2016/09/28/opinion/trump-how-could-we.html?smid=tw-share&_r=0

Let me focus on one of the statements Trump has uttered that makes no sense at all.

Friedman writes: “How do we put in the Oval Office a man who boasts that he tries to pay zero federal taxes but then complains that our airports and roads are falling apart and there is not enough money for our veterans?”

Yes, Trump has bragged about how he uses tax laws to his benefit … even though he denies saying it. He denied saying it Monday night — when the entire nation heard him say it into a microphone that was working quite nicely.

So, does he suggest that while he works to avoid paying taxes that others are to foot the bill to fix all those infrastructure things he says are falling apart?

Veterans’ care? Who pays for that if Trump seeks to avoid shouldering the tax bill required to give veterans the health care they need?

Hmmm. Well, as a veteran myself, I believe I now shall express my personal disgust and revulsion at what Trump has said about whether he’s going to pay his fair share of taxes.

Is it smart? Well, I guess so if you’re just a rich guy. It’s pretty damn stupid, though, for someone who is running for president of the United States of America.

Tax returns, Trump, tax returns … release them!

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I am taking a bit of a leap here in challenging the New York Times on an editorial … with which I happen to agree.

The Times says Republican presidential nominee Donald J. Trump needs to release his tax returns. He needs to do what candidates of both parties have done since 1976. There’s no law requiring him to release the returns; it’s merely been customary for candidates to do so to reveal to the public just how they conduct their personal financial business.

Here’s the editorial. Take a look. The Times raises excellent points.

http://www.nytimes.com/2016/09/21/opinion/mr-trumps-stupid-excuses-on-taxes.html?ref=opinion&_r=0

What the Times missed, though, is a simple point: It didn’t challenge Trump’s assertion that he’s being audited by the Internal Revenue Service.

The audit is the lame excuse he and his campaign team — mainly his sons — have used to keep the information from public information. The IRS, though, says an audit doesn’t preclude releasing the tax returns.

More to the point, though, is that Trump hasn’t even provided evidence that the IRS even is conducting an audit. He hasn’t given us any indication of a letter, or a notice, or a note tossed in over the transom alerting him of the audit.

He is asking us to take his word for it that the IRS is conducting an audit.

All of this is a shameful, disgraceful display of hypocrisy and duplicity from someone who for years demanded proof of President Obama’s place of birth and his academic records … not that any of it matters to those who have backed his candidacy.

OK, Donald Trump. The time has long passed for you to come clean and do what you have demanded of Barack Obama.

Wealth an issue in this run for the White House

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One candidate for the U.S. presidency, the Republican, keeps harping on his “fabulous” wealth.

Donald J. Trump likes to boast about all the dough he has made in business, erecting tall buildings and getting his name slapped on the sides of them. It’s that boasting and braggadocio that make the release of his income tax returns a campaign issue … that and the questions about whether he’s paying his fair share of taxes and with which foreign governments he’s been doing business.

Democratic nominee Hillary Rodham Clinton, on the other hand, has said a number of other things about her wealth. She has claimed to have been “dead broke” when she and her husband exited the White House in January 2001.Then she said she isn’t “truly well off.”

https://highplainsblogger.com/2014/06/not-truly-well-off-mme-secretary/

She’s pretty damn “well off” now. Collecting six-figure speaking fees every time she or her husband, the former president, stands before a microphone adds up quickly.

Now, am I as concerned about her wealth as I am about Trump’s stubborn refusal to release his tax returns? Not at all.

Hillary and Bill Clinton have released their returns. The public has seen where and how they have acquired their wealth. They haven’t enriched themselves through the Clinton Foundation or the Clinton Global Initiative.

Yes, the “dead broke” statement was troubling. You know and I know she and her husband weren’t “dead broke” in the way many Americans understand the meaning of the term. Heck, they were able to secure financing to purchase a high-end home after they left the White House; lenders don’t dole out money to those who are “dead broke,” if you know what I mean.

However, her financial portfolio is an open book. Hillary Clinton’s role in the various works of the foundation and the CGI have been scrutinized to the nth degree.

Trump, on the other hand, remains a man of mystery regarding his supposedly vast holdings.

He keeps bragging about them. In public. For all to hear.

Inquiring minds want to know the truth behind the bluster.

Trump’s wealth called into question once more

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Wait a second!

How can a presidential candidate who keeps crowing about his fabulous wealth spend a six-figure amount of dough to pay off legal debts from a charity he founded.

That’s what the Washington Post has reported in connection with Donald J. Trump, the Republican presidential nominee.

The Post reports that Trump dipped into his charity foundation’s pool. He snatched $258,000 out of it to pay off some legal bills he had accrued.

https://www.washingtonpost.com/politics/trump-used-258000-from-his-charity-to-settle-legal-problems/2016/09/20/adc88f9c-7d11-11e6-ac8e-cf8e0dd91dc7_story.html

Doesn’t that betray a trust he made to the donors of his charity? Is this the way to spend money dedicated to do “good work”?

And how does someone with the kind of wealth he keeps telling he has need to use charitable foundation money in the first place?

The Post has compiled a thorough investigation of the story. Trump’s campaign, of course, declared it was full of errors. No one has specified the errors, or even said the story is false.

We all know, of course, that Trump can prove his wealth simply by releasing his tax returns to the public as other presidential candidates have been doing for the past 40 years.

Oh … wait.

Yes, Donald, ‘people’ care about those tax returns

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Donald J. Trump has asserted that “people” don’t care about his tax returns.

I now shall differ with the Republican presidential nominee.

When he says “people,” he refers to the 30 percent or so of the voting public that has bought into his message — whatever it is — that has propelled him to the GOP nomination.

The rest of us? Well, I think others care.

He’s not releasing his tax returns ostensibly because of an Internal Revenue Service audit … according to Trump. The IRS says it’s nonsense, that an audit doesn’t preclude someone from revealing the returns.

He likely won’t release them until after the election, presuming of course he gets elected. If he loses — which is what I believe will happen — we’ll never see them.

https://www.washingtonpost.com/opinions/donald-trump-wants-you-to-trust-him-blindly/2016/09/06/fa370832-745a-11e6-be4f-3f42f2e5a49e_story.html?postshare=6521473201452988&tid=ss_fb&utm_term=.e2ee1f29ab54

Trump’s tax returns are our business. He might not believe so, but they are.

If someone seeks to become president of the United States, then everything about them becomes part of the public’s concern. That certainly ought to include the way the candidate handles his financial affairs. It provides a window that allows us to understand how he might govern.

If the candidate is going to propose certain tax obligations on the people he or she governs, then we need to know whether that candidate also is paying his or her fair share of taxes. Is that so unreasonable? I think not.

Trump is playing fast and loose with a longstanding political custom dating back 40 years. Presidential candidates have released their tax returns to give Americans a fuller picture of what they’re buying into — or rejecting.

Come clean, Donald Trump.

Gov. Pence takes the lead on tax returns

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This just in: Indiana Gov. Mike Pence is going to release his tax returns.

Meanwhile, the guy who heads the Republican Party’s presidential ticket, Donald J. Trump, continues to keep his tax returns away from public scrutiny.

Pence is running alongside Trump for the White House.

He told “Meet the Press” in remarks to be broadcast Sunday that he’s going to turn his tax returns loose for the public to inspect.

Oh, and what about Trump? “Meet the Press” moderator Chuck Todd asked Pence. Trump will do so eventually, as soon as the Internal Revenue Service completes its audit.

Hold the phone, dude!

An IRS audit doesn’t preclude release of tax returns.

Once again, I shall state that Trump is refusing to do something that’s been customary for presidential candidates since 1976. No, there’s no law requiring release of the returns. It’s just been a bipartisan tradition that has its roots in the immediate post-Watergate era.

In 1976, Republican President Gerald Ford and Democratic challenger Jimmy Carter agreed to release their returns in reaction to the constitutional scandal that took down a president and sent others to prison.

I’m glad to see Gov. Pence doing the right thing.

Now …

How about the guy at the top of his ticket?