Tag Archives: IRS

Who could have seen this coming?

By John Kanelis / johnkanelis_92@hotmail.com

Well now. A lawyer for the former Cheater in Chief says he will fight the order to release his client’s tax returns to Congress.

Who could have seen this coming? Oh, I don’t know. Just about … everyone!

According to The Hill: “There is no evidence of any wrongdoing here and I object to the release of the returns not only on behalf of my client but on behalf of all future holders of the office of the president of the United States,” Ronald Fischetti, a lawyer for (Donald) Trump, told The Wall Street Journal.

Think about the irony of that statement for just a moment.

“No evidence of any wrongdoing here.” That’s what the legal eagle says. My question is straightforward: If there’s “no evidence of wrongdoing,” then what in the world is the reason for withholding those returns, for keeping them from public view?

Trump attorney says he will fight release of tax returns | TheHill

The custom of releasing those returns arose from the Watergate scandal of 1973-74. Suspicion was rampant throughout the land about politicians’ wealth. Beginning with the 1976 presidential election, candidates of both parties agreed to release their income taxes to show the public they had nothing to hide.

To be sure, plenty of mega-rich individuals have sought the presidency in the more than 40 years since that time. For instance, Mitt Romney, the Republican presidential nominee in 2012, released his tax returns without a whimper.

The custom has held up over time. Then along came the 45th POTUS, who ran for the office in 2016. When he initially balked at releasing his returns, alarm bells began sounding all over the place. What’s he hiding? Is he as rich as he says he is? Are there business dealings he doesn’t want us to see? How much has he donated to charity? Is he paying his fair share of taxes?

The last question perhaps is the most pertinent, given that a president — along with Congress — helps set tax policy that forces all Americans to pay their share of taxes. I don’t know about you, but I want to know whether the president is doing his part, too, in paying for the government.

Of course, the 45th POTUS’s business dealings have become the subject of civil and criminal investigations. The former Liar in Chief said the feds are auditing his tax returns, so he can’t release them. The IRS says that’s malarkey.

Now his lawyer pledges to fight. Good luck with that. The former POTUS no longer can use the power of his office to stonewall what look to me to be legitimate requests to see his tax returns.

Give ’em up, Mr. ex-POTUS.

Let’s see ex-POTUS’s tax returns

By John Kanelis / johnkanelis_92@hotmail.com

Well now, the Department of Justice has spoken, telling the Treasury Department that it must release the long-sought tax returns of the former Cheater in Chief to Congress.

Is that the end of it? Does that mean the former POTUS is going to comply?

Oh-h-h no. Not even close. He’ll find a way to fight it.

The DOJ memo issued today is a reversal of what it declared when POTUS 45 was in office. There’s a new sheriff in town, so now the posture is different.

The memo said the following, according The Hill: In a memo from the Justice Department’s Office of Legal Counsel (OLC), acting Assistant Attorney General Dawn Johnsen said the Treasury Department was required to defer to the congressional committee.

“The statute at issue here is unambiguous: ‘Upon written request’ of the chairman of one of the three congressional tax committees, the Secretary ‘shall furnish’ the requested tax information to the Committee,” Johnsen wrote in the 39-page memo.

Unambiguous? That means it’s crystal clear.

Justice Department says Trump’s tax returns should be released | TheHill

Many of us have argued all along that presidential political custom should prevail in this matter. Candidates going back to 1976 have revealed to the public their net worth and opened their books to public scrutiny. That held true until POTUS 45 entered the presidential field in 2016. He said he would release them, then he backed out, then he agreed again, then he balked once more.

He said tax gurus are auditing his returns. However, he’s never provided a shred of proof that the Internal Revenue Service in fact is auditing his returns; the IRS, meanwhile, has said that an audit does not preclude a politician from releasing them to the public.

The ex-Liar in Chief insists there is nothing untoward in his returns. Well, alrighty then. If that’s the case, then there should be nothing to hide. Right?

At issue now is whether Congress can review the returns in private and decide whether to make them public.

Speaking only for myself, I want to see it all. We deserve — at the very least — to know whether the ex-Con Man in Chief is as rich as he has bragged of being.

Trump to be revealed as fraud?

By JOHN KANELIS / johnkanelis_92@hotmail.com

It occurs to me that the U.S. Supreme Court decision that clears the way for prosecutors to obtain Donald Trump’s tax returns is going to make the ex-POTUS an extremely nervous individual.

Why? Because I believe we are going to learn that Trump is every bit the phony and fraud that Sen. Mitt Romney said he was during the 2016 presidential campaign.

Yep, if I were Donald John Trump, I would be extremely nervous … maybe even frightened.

He bragged about being an uber-rich guy. I’ll bet we’re going to learn he isn’t nearly as rich as he has claimed to be. That’s just for starters.

Sure, Donald, deny all you want

By JOHN KANELIS / johnkanelis_92@hotmail.com

Donald Trump wants us to believe he has nothing to do with a federal investigation into the business dealings of the son of the man who defeated him for re-election.

Do we take the word of the Serial Liar in Chief? Umm, I don’t think so.

Hunter Biden, son of President-elect Joe Biden, has declared that the Internal Revenue Service is investigating his business affairs. He has cooperated with the IRS. Meanwhile, Donald Trump continues to throw up roadblocks to Joe Biden’s transition into the presidency and his minions continue to raise the issue of Hunter Biden’s business dealings, as if to smear his father.

So now we have Donald Trump declare he has nothing to do with the feds investigating Hunter Biden. Do you believe him? Neither do I.

Indeed, I stand by my refusal to take a single thing that comes from Trump’s mouth at face value.

Trump gives us all the shaft

By JOHN KANELIS / johnkanelis_92@hotmail.com

It’s no surprise to anyone on Earth to know that I am not a wealthy man.

I made a nice living for many years and was able to provide for my family, but I certainly never acquired great heaps of material wealth, a la … Donald J. Trump.

However, I damn sure paid a whole lot more in federal income taxes than the Trumpkin in Chief paid over the course of the past 15 years, as revealed by The New York Times.

What am I supposed to think of this? Well, first of all, it’s no surprise to learn any of this, given Trump’s refusal to release his tax returns. Am I angry? Sure I am! However, I fall into the “never Trump” category of voters, so my anger is tempered a bit by what I have long suspected about the president of the United States, that is a fraud.

Here’s the question of the day: How should the Trumpkins out there, those who have paid their fair share of taxes, feel about their guy’s tax dodge?

I will shake my head violently if we hear from them that they’re OK with this. The guy who purports to speak for the masses of Americans disgruntled and angry with government now has been revealed to be someone who cheated the government out of revenue while understanding that his fervent, ardent and occasionally rabid followers are paying through their noses.

How many more lies is he going to concoct to persuade those among us that what he has done is OK, that it simply makes him “smart”?

This is what the cult of personality has produced, ladies and gentlemen. Go figure.

Yes, Sen.Cruz … we’re interested in this Trump tax story

By JOHN KANELIS / johnkanelis_92@hotmail.com

U.S. Sen. Ted Cruz — the former Donald Trump critic turned Donald Trump suck-up — tried this morning to speak for millions of Americans regarding the New York Times story on the taxes that Trump did not pay.

The Cruz Missile tried to say that Americans don’t care about the tax story, about reports that Trump didn’t pay federal income taxes for 10 out of 15 years, that the so-called billionaire paid $750 the year he was elected president of the United States.

Americans “don’t care”? Oh, yes we do … senator!

The lengthy NYT story reveals several things about the charlatan/con man/fraudulent president. One of them is that he isn’t nearly as savvy a businessman as he led us to believe he is. Another is that didn’t pay as much in federal tax as your rank-and-file waiter or waitress.

Many of us have been clamoring for years to see Trump’s financial records. We have insisted that the public be able to see how the nation’s chief governmental executive’s finances hold up under public scrutiny. The president’s portfolio happens to be our business. He helps set tax policy and he makes demands on Americans to pay our fair share of taxes. Doesn’t that require a president to pay his fair share as well?

We now know that Donald Trump does nothing of the sort.

He has cheated the government. He has been revealed as many of us have suspected to be a fraud.

Back to Ted Cruz. Senator, this story matters a lot to many millions of Americans. I am just one of them, but I believe there are many others just like me who want to know the whole truth about our president’s financial standing.

The tax return secret is out

By JOHN KANELIS / johnkanelis_92@hotmail.com

Now we know — at least partially — why Donald J. Trump has been so intent on keeping his financial records away from public view.

It turns out the man who helps guide federal tax policy that determines how you and I pay in federal taxes didn’t pay any at all for several years in a row.

The New York Times reports that Trump reported income losses that overtook his earnings, allowing him to avoid paying federal taxes.

The Times reports that Trump $750 the year he was elected president but didn’t pay a dime for 10 of the previous 15 years.

How about that? There might be more to come as sleuths get a closer look at those returns.

This shouldn’t even be a story. Trump should have released those returns in keeping with presidential custom going back to 1976. Presidential nominees of both parties have agreed to release their returns just as a show of good faith with voters. Trump has been all over the pea patch on this one: he has promised to release them, then backed away, then promised again, then backed out again.

Now he is suing to keep them private.

How much more is this guy hiding from us? Inquiring minds want — and deserve — to know.

Tax returns! Let’s see ’em!

OK, it’s time for an admission.

I am fixated by Donald John Trump’s tax returns, his financial record/history and whether he is as crooked as I fear.

Where did I obtain this fixation? From Donald Trump his own self, that’s where!

For as long as I’ve been aware of Trump’s existence — which goes back a good while — this fellow has been bragging his brains out about how rich he is. I’ll say that I detest braggarts. No one who is as rich as Trump says he is has to tell the world about it; nor does anyone as smart as he says he is have to brag about his or her smarts. Yet this clown has been doing so ever since Daddy Trump staked him to his business and got the boy started.

So then he announced the start of his political career. He did so with panache. Along the way to his winning the White House, Trump kept telling us about his immense wealth, his “self-made” success … and he pledged to release his full financial records as soon as the Tax Man completed a “routine audit.”

I’m going to presume that (a) the audit is now done or (b) Trump lied about the audit, given that he never provided a shred of evidence that it was being done.

So, where are the tax returns? He now is fighting like hell to keep them from us.

He is the nation’s highest elected public official. His personal records, by association, become our business. Trump helps set tax policy, he asks Congress to spend our tax money, he is commander in chief of our armed forces, he is our employee.

Trump has fought so hard to keep those records from us that he went to the Supreme Court. Hah! The high court showed him he ain’t the boss, declaring that presidents aren’t immune from prosecution, that even Donald Trump isn’t above the law.

All of this adds up to my fixation with the tax records and Donald Trump’s financial history. I want to know whether he is as rich as he claims to be, whether he has business dealings that might compromise our national security and whether he is a crook.

That’s not too much to ask. Is it?

Once again, about those tax returns

I guess we can set aside much hope that today’s Supreme Court ruling means we’ll get a look at Donald John Trump’s tax returns prior to the November presidential election.

The court issued a 7-2 ruling that said presidents aren’t above the law, clearing the way for a Manhattan, N.Y., district attorney to pursue Trump’s tax returns.

Why is this a big … deal?

First of all, it means that the DA, Cyrus Vance Jr., will be able to present the returns to a grand jury, which is bound by secrecy provisions under state law. The grand jury is looking into whether Trump violated any crime involving his business holdings.

Eventually the nation will get a look, I suppose. Trump’s team is pretty adept at deception, diversion and delay. I expect the legal eagles working for Trump to employ all the tactics it can to delay this legal proceeding.

That all said, the public deserves a look at those returns.

Trump promised to release them. He made the promise while campaigning for the presidency. He has since choked on the pledge. Presidential candidates dating back to Jimmy Carter have released their tax returns as a matter of routine; it was a post-Watergate reform that became common practice … then along came Donald Trump.

Why do we deserve to see those returns? We need to know whether Trump is as rich as he claims to be; we deserve to know how much he pays in taxes, given that he now has a voice in what we all pay the government; we deserve to know whether he has foreign investments that might interfere with policy decisions, such as whether he deals with Russian oligarchs … right?

I’ve been yammering for those returns since before Trump got elected. They should become part of the public domain if only because they belong to the nation’s leading elected public official. He makes pronouncements and sets policies affecting the public. Therefore, the public deserves to know all about the individual who sits at the top of our government’s chain of command.

We have inched a bit closer to that reality occurring. Although I am not going to hold my breath waiting for it. I’ll just keep yammering for those returns’ release.

How about some ‘transparency,’ Mr. POTUS?

It’s the “t-word,” which means “transparency,” and it is fast becoming the latest overused term in the American political glossary of overused verbiage.

But it’s important. It means a lot to us as we look across the landscape and ponder the upcoming election for, oh, president of the United States.

The presumptive Democratic Party presidential nominee, Joe Biden, is facing allegations of sexual assault from a woman who said Biden attacked her in 1993. Her allegation isn’t holding up all that well upon closer scrutiny. Still, Tara Reade’s accusation needs to be “vetted” carefully, as Biden himself as stated.

He’s calling for transparency. That’s a good thing in my humble view.

Meanwhile, we have Biden’s opponent, the Republican president named Donald J. Trump. He’s got a boatload of accusations leveled against him. Have we vetted those accusations? Have we summoned those women forward to talk to us? No. Trump calls them liars and losers and other hideous names that seek to disparage them.

We need some transparency, Mr. President. He tells us on occasion that he’s the most transparent president in the U.S. history; then again, he’s the most everything in American political history.

He isn’t transparent. He hides, bobs and weaves, dissembles, and does all he can to avoid the kind of scrutiny that goes with holding the highest public office in the world’s most indispensable nation.

Oh, one more thing: those tax returns. Trump said he would release them after they go through a “routine audit.” The Internal Revenue Service said an audit doesn’t prevent anyone from releasing those returns, but Trump still hides behind that dodge.

He now vows to fight to keep them from public view. The Clown in Chief owes it to us. We need to look at this most public man’s books. We deserve to know if he is as rich as he boasts, whether he pays his share of taxes (which he demands of others) and whether there are any foreign influences on his business dealings that might have an impact on his public duties as president.

Transparency, Mr. President? Come clean on all of it.