Official LRC President Donald J Trump Thread

Does a billionaire really risk imprisonment by trying to save a few million on their tax return? That is an idiotic statement.

John Paul Jones was a Revolutionary War pirate who tied up to a British warship (cannon backfire when blocked), then shot it out with their sailors at close range while his ship was sinking (slowly dragging down both vessels). He lobbed a grenade into the British ammunition store, blew up all their gunpowder, & the dazed survivors surrendered. Cap’n John then sailed their own boat to England & bombarded it with their own cannons. British warships were so formidable that England itself was very lightly defended.

Trollminator wrote:

Fat hurts wrote:

I think the IRS does not have the resources to do an exhaustive examination of every return as complex as Tiny's.

Rich people get away with tax fraud all the time.

Trump is POTUS so he’s legally above the law while in office. Why then would he have produced shady/fraudulent tax returns to prevent himself from being elected? He’s not even close to being as rich as he claims and given all the fcks all around him and all his legal problems there is a very strong chance there is suspicious activity on his returns. He knows that. Trumpers can give him a pass for being unethical, but let’s call it for what it is.

He is not above the law. If he commits a high crime or misdemeanor that the Congress deems merits his impeachment and removal from office, then he or she is gone. He is never above the law.

Trollminator wrote:

Sally Vix wrote:

Trollimator - are you a bit slow today? He didn't need to release them or even opine on them. He was the fricking president and would have prosecuted (via his minions in the IRS and DoJ) for effing tax fraud!!!

Are you a flat earther?

Won't respond to that idiotic question. Seriously? Are you 12?

a) he's probably not a billionaire

b) the NYT made clear that the tax frauds were quite large and over a lot of time. Trump does EVERYTHING by lying and fraud - you should know this by now. It's his standard operating procedure. his first instinct is to lie and cheat. When forced to do something in the correct way he'll do it., but it takes a lot of effort. Look at the criminals he surrounds himself with. You think he's the clean guy in the center of a criminal whirlwind?

"The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.

"Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings."

It is exceptional dumb on your part to arrive at the conclusion you made. If you actually understood what I posted I said " If they [IRS auditor] find a few [tax errors], he [the multi-business owner] pleads oops, pays a few more taxes and a small penalty."

Trump is reviled by everyone in the IRS. You really think they would allow him continued tax fraud year in and year out for the last 30 years and not bring charges against him? Are you really saying this? That might be the dumbest thing I have ever read on here.

Love the Russian lecture on democracy. My only choice when I was there: you could elect to have the shredded cabbage on TOP of your potatoes or underneath, ha ha. Third-party candidate was Starvation.

Come on. No taxes are paid or reduced unless the the real estate investestment is sold.

You are 100% clueless about how the distributes their limited resources for tax audits. Why do you think Trump and the Republicans severely cut the IRS auditing budget?

SDSU Aztec wrote:

agip wrote:

to be fair to trump, real estate tax is ridiculous - say you buy a 10 million dollar building, then say it's worth only 9 million a year later. Say your salary is $1 million. By IRS official law, you then pay zero income tax because the million dollar 'loss' on the building cancels your million dollar salary.

So what trump and Kushner do is say all their property loses value every year, so they pay no taxes. I mean that's the legal side, and hard to prosecute. Who's to say what a building is worth? Difficult stuff. But they all lie to cheat on taxes, the real estate people. Buncha criminals.

Come on. No taxes are paid or reduced unless the the real estate investestment is sold.

Depreciation.

12k pages wrote:

SDSU Aztec wrote:

Come on. No taxes are paid or reduced unless the the real estate investestment is sold.

Depreciation.

And operating expenses.

Sally Vix wrote:

I would not mind Pence. But you can't remove a democratically elected president just because people don't like him.

So if it were found that Trump took money from a foreign campaign contributor, directed that money to Essential Consulting and directed Cohen to pay off women right before the election all the while writing it off as a legal expense and not reporting the outside income at the same time, would that be a good reason to elevate Pence to president?

That's not removing a president because you don't like him.

L L wrote:

Sally Vix wrote:

I would not mind Pence. But you can't remove a democratically elected president just because people don't like him.

So if it were found that Trump took money from a foreign campaign contributor, directed that money to Essential Consulting and directed Cohen to pay off women right before the election all the while writing it off as a legal expense and not reporting the outside income at the same time, would that be a good reason to elevate Pence to president?

That's not removing a president because you don't like him.

No. That's a petty campaign finance violation that would at worst result in a small fine.

L L wrote:

Sally Vix wrote:

I would not mind Pence. But you can't remove a democratically elected president just because people don't like him.

So if it were found that Trump took money from a foreign campaign contributor, directed that money to Essential Consulting and directed Cohen to pay off women right before the election all the while writing it off as a legal expense and not reporting the outside income at the same time, would that be a good reason to elevate Pence to president?

That's not removing a president because you don't like him.

If Trump killed his cook, I would recommend his impeachment and removal. You come up with these salacious scenarios but that is all they are, scenarios. If Trump drove drunk and killed a motorist, he should be impeached and removed. If he poisoned Melania, he should be impeached and removed. Any other ridiculous pretend scenarios?

Anyone can deduct permanently installed improvements for the sales price of a property. Replace a plumbing fixture, deduct its cost. Repaint, deduct the cost. New flooring, deduct the cost. And on it goes. Entirely legal with the IRS. The IRS could argue about what is considered permanently installed and what is not.

Don't get your hopes up wrote:

L L wrote:

So if it were found that Trump took money from a foreign campaign contributor, directed that money to Essential Consulting and directed Cohen to pay off women right before the election all the while writing it off as a legal expense and not reporting the outside income at the same time, would that be a good reason to elevate Pence to president?

That's not removing a president because you don't like him.

No. That's a petty campaign finance violation that would at worst result in a small fine.

Provide a link that proves that is a "petty campaign finance violation"?

Thank you in advance.

12k pages wrote:

Sally Vix wrote:

Trump is reviled by everyone in the IRS. You really think they would allow him continued tax fraud year in and year out for the last 30 years and not bring charges against him? Are you really saying this? That might be the dumbest thing I have ever read on here.

You are 100% clueless about how the distributes their limited resources for tax audits. Why do you think Trump and the Republicans severely cut the IRS auditing budget?

No, Trump would be a prime target as an audit could result in a huge amount of additional taxes. Less wealthy people aren't usually targets as the audits won't generate much bang for the buck.

I believe Trump when he says he gets audited every year.

Sally Vix wrote:

Fat hurts wrote:

I think the IRS does not have the resources to do an exhaustive examination of every return as complex as Tiny's.

Rich people get away with tax fraud all the time.

You really think that Obama and Lois Lerner and everyone else at the IRS in 2015 was not trying to find any example of tax fraud committed by Trump or his tax attorneys? That would have ruined his chances at the presidency. You really think they did not have dozens looking into his prior tax returns? Louis Lerner had weaponized the IRS and was going after every conservative group. They would go after 500 conservative groups but would decide to not go after the one person who might derails Hillary's chances?

Were you also a victim of Obama’s IRS persecution? Your post sounds very familiar... hmmm