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clyde
Lv 4
clyde asked in Politics & GovernmentPolitics · 5 years ago

If Donald Trump did not break any tax laws what difference does it make bout his taxes?

7 Answers

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  • Anonymous
    5 years ago

    We would know if he did, there are undoubtedly dozens if not hundreds of people working for the Democratic Party, the Press and Hollywood to dig up what they can for the 11th hour surprise. With the size of the potential tax liabilities he may face in any given year any monkey business would put him in jail because it would be very easy to reach the threshold of amounts that warrant prosecution. So most of the Billionaires must be careful which they usually are. We would have know about it given his 2002 to 2008 audits that were completed.

    Though he may not have much to show on his Personal Income Tax Return as most of his income assets may not be owned by him but instead by the Corporation's he controls.

    It's a Red Herring because a Personal INCOME Tax Return does not report your wealth and most people that make it an issue wouldn't understand what they were looking at if they had the return in front of their face. Certified Personal Financial Statements gives you everything and that's what Banks like to see with guys like Trump.

  • Anonymous
    5 years ago

    Do the tax records identify the sources of income?? This could tell us a lot about a candidate.

    (The tax return issue has been around for several Presidential elections. Why change now?)

  • 5 years ago

    It doesn't. He sure does EMPLOY and awful lot of people.22,300.

    Unlike Hillary who sells favors to Foreign Leaders by having her TAX FREE Charity take the "DONATIONS". Many of those Donations never made it to the intended. Nice little set up there.

  • Anonymous
    5 years ago

    It's because he does business in places that he says are the enemies. Two, I think everyone want the same tax rate he does and three his platform is based on how much money he says he has.

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  • ?
    Lv 7
    5 years ago

    He had to have income to pay for his personal living expenses. Is this a charity from his own foundation?!

  • Robt
    Lv 7
    5 years ago

    He is a government welfare recipients if he paid no taxes

  • Anonymous
    5 years ago

    If you have nothing to hide on your computer why should you say no to allowing anyone to have access to it?

    Same reasoning.

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