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2016 Postmortem

In reply to the discussion: Trump's taxes [View all]

Nwgirl503

(406 posts)
8. Disclosure reports are as vague as income bracket questions on a dating website
Sat Dec 3, 2016, 03:27 PM
Dec 2016

His 2015 reports are online. The information contained in those reports is so vague it’s essentially useless. Returns are where the real nitty-gritty info lives. There is a paper trail for where investment money originates as well as for who receives money out of a corporation. In a very simplistic example, it's much like if your parents give you $100,000 to use as a down payment on a house. You must report that money somewhere. There's a trail. Whether you pay taxes on that money depends on who you have doing your taxes and what loopholes they can find. But money, particularly huge sums of money, doesn't magically appear out of thin air.

Plus, just to satisfy my own morbid curiosity, I'd like confirmation of even more lies from him that he's not as charitable as he likes to pretend. And probably not as wealthy either. I'd also be interested to see how many of his 500-some active companies show a profit or produce any product or service, and are not just tax pass-throughs, and what kind of credits he claims. I'd also be interested to see how well he really takes care of his employees with pensions or profit sharing, or health insurance or other benefits. Not that I can't guess the answers will be similar to how well he takes care of his many vendors, suppliers and contractors who he's screwed, but you know....

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