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Posts 1 - 17 of 17   
drumpf actually paid some tax: 3/15/2017 06:57:13


Wally Balls 
Level 58
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he paid $2.4 million in 2005

tax return here: http://www.msnbc.com/sites/msnbc/files/trump2005tax.pdf

probably fake news though, it came from MSNBC.
drumpf actually paid some tax: 3/15/2017 07:07:29


MightySpeck (a Koala) 
Level 58
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mkay.
drumpf actually paid some tax: 3/15/2017 08:39:32


master of desaster 
Level 64
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I've read 38Millions in my fake news
drumpf actually paid some tax: 3/15/2017 10:53:13


Wally Balls 
Level 58
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Maybe I'm not understanding the tax return, but it says at the bottom:

Total Due: $2,4xx,xxx

It also says he owed a penalty of like $68k.
drumpf actually paid some tax: 3/15/2017 11:26:01


[REGL] Pooh 
Level 60
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I'll help you out WB, from the BBC.

What have we learnt?

The release showed Mr Trump paid the Internal Revenue Service $38m in 2005, an effective tax rate of 24%.

This is higher than the average American citizen would pay but below the 27.4% averaged by higher-earning taxpayers.

The bill comprises $5.3m in federal income tax and an extra $31m in what is called alternative minimum tax (AMT).
drumpf actually paid some tax: 3/15/2017 11:31:56


The Lord
Level 55
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How cool! This forums helps leftists understand tax returns.

Even better, if they went to work, they could understand it without our help.
drumpf actually paid some tax: 3/15/2017 11:35:31


[REGL] Pooh 
Level 60
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When someone gets a tax refund, do you think it's because the govt. is just handing out free money? In the case of an earned income tax credit, they are. But I don't think Mr Trump had much of an EIC with $150 million in income. That's for people living close to the poverty line.

The $2 million that he owes is the difference between what is due and what he already paid throughout the year.

Because he was 3% off, they fined him $60,000, or almost 0.01% of his tax bill or 0.0001% of his income.

Now that this has been properly explained, would you like to revise your stance of your deep seated anger, or just continue to be irrelevant because you don't understand facts.
drumpf actually paid some tax: 3/15/2017 14:51:36


{Canidae} Kretoma
Level 57
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Two pages?!?

"Laughs in German"
drumpf actually paid some tax: 3/15/2017 16:06:15


Belarusian Gentleman
Level 17
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Taxes at all?

"Laughs in Belarusian"
drumpf actually paid some tax: 3/16/2017 03:38:31


adrian waco
Level 31
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trump leaked this return to make himself look good
drumpf actually paid some tax: 3/16/2017 04:57:28


[REGL] Pooh 
Level 60
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does it make him look good?

I think it simply shows that his haters were wrong.

One thing people hate on trump for is that he must not be that good of a business man, and that's why he's not releasing his taxes. Well, from the previous leak of his '95 taxes, he had a 950,000,000 loss. That loss was nowhere to be seen in the leaked 2014 taxes. That means he made over 1,000,000,000 in 10 years. Damn.

The thing that no one else was talking about around the leak of his '95 taxes, he lost a Billion dollars, which implies that he earned a Billion Dollars before that, and he paid a ton of taxes on that Billion he earned before '95.
drumpf actually paid some tax: 3/16/2017 05:49:18


Wally Balls 
Level 58
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Two pages?!?


This is the part that's basically just a summary. Like the table of contents of a book.
drumpf actually paid some tax: 3/16/2017 05:51:14


Wally Balls 
Level 58
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His complete returns are probably the size of a fucking book. Mine are dozens of pages and not all that complex. I can't image the clusterfuck his returns must be. Which is a pretty defensible reasons for him not releasing them. People will find details buried in those volumes, take them completely out of context and make him look bad.
drumpf actually paid some tax: 3/16/2017 08:13:54


Wally Balls 
Level 58
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re: 38 million

I see now, 2.4 million was the amount he owed when he filed. 38 million was his total tax liability for 2005. The 36 million difference was amounts withheld and pre-paid etc, which is the same as paying. But one of the items is: $13 million 'estimated tax payments and amount applied from 2004 returns'

That's not paying tax, that's retroactively writing something off for 2004 and claiming a discount in 2005. His tax actually paid for 2005 was more accurately ~$25 million.

Edited 3/16/2017 08:26:37
drumpf actually paid some tax: 3/16/2017 10:09:44


Major General Smedley Butler
Level 51
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Theft?

*laughs in propertarian*
drumpf actually paid some tax: 3/16/2017 19:17:57


Castle Bravo
Level 56
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Trump pays a higher tax rate than Bernie Sanders and Barack Obama lel. I bet the Starbucks Marxists will defend this.
drumpf actually paid some tax: 3/17/2017 00:10:15


Wally Balls 
Level 58
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He paid a higher rate in 2005. I'd be interested to see the last 20 years of his returns, rather than just this one that could have been selectively leaked.
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