{"id":26990,"date":"2017-12-20T19:56:36","date_gmt":"2017-12-20T19:56:36","guid":{"rendered":"https:\/\/highplainsblogger.com\/?p=26990"},"modified":"2017-12-20T19:56:36","modified_gmt":"2017-12-20T19:56:36","slug":"tax-returns-would-prove-whether-potus-takes-a-hit","status":"publish","type":"post","link":"https:\/\/highplainsblogger.com\/?p=26990","title":{"rendered":"Tax returns would prove whether POTUS takes a hit"},"content":{"rendered":"\n
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OK, here we go. The Republican-passed tax cut is heading for Donald Trump’s desk. The president will sign it, probably soon.<\/p>\n

He keeps telling us how much of a beating he’s going to take from the tax overhaul. “Believe me. Believe me!”<\/em> he implores us.<\/p>\n

Sure thing, Mr. President. We’re supposed to take your word for it. I mean, your word is your bond, isn’t that right?<\/p>\n

Well, here’s the deal. Some independent tax analysts have sung a different tune about the tax plan. They’ve told us the very wealthy are going to do quite well; that would include Donald John “I’ve Made a Lot of Money” Trump.<\/p>\n

How in the world can we know for certain whether the president is going to take a beating or whether he’ll benefit bigly from the tax plan?<\/p>\n

Oh, I know! How about releasing those tax returns he keeps refusing to disclose for public review? Trump has told the Internal Revenue Service is conducting a “routine audit” of his returns. Let’s see, when he first say that? He said when he declared his presidential candidacy in June 2015<\/em>. The IRS says an audit doesn’t preclude anyone releasing their returns.<\/p>\n

The IRS doesn’t comment on whether it is conducting an audit. Which begs the question: Is the IRS really auditing Donald Trump’s tax returns? We haven’t seen any evidence in the form of a letter from the IRS to the Trump business empire that it would audit the company’s tax returns.<\/p>\n

The corporate tax rate under the overhaul declines from 37 to 21 percent. There also are reportedly other perks for businesses involved in, um, commercial real estate.<\/em><\/p>\n

I am unwilling to take the president at his word that he’s going to get hammered by the tax cut plan. I want proof. I want to see his tax returns.<\/p>\n\n

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OK, here we go. The Republican-passed tax cut is heading for Donald Trump’s desk. The president will sign it, probably soon. He keeps telling us how much of a beating he’s going to take from the tax overhaul. “Believe me. Believe me!” he implores us. Sure thing, Mr. President. We’re supposed to take your word … Continue reading Tax returns would prove whether POTUS takes a hit<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,13],"tags":[1424,1941,2343,6110],"class_list":["post-26990","post","type-post","status-publish","format-standard","hentry","category-business-news","category-national-news","tag-donald-trump","tag-gop","tag-irs","tag-tax-returns"],"_links":{"self":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/26990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26990"}],"version-history":[{"count":2,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/26990\/revisions"}],"predecessor-version":[{"id":26993,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=\/wp\/v2\/posts\/26990\/revisions\/26993"}],"wp:attachment":[{"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/highplainsblogger.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}