Page 1 of 2 12 LastLast
Results 1 to 10 of 12
Thanks Tree14Thanks

Thread: Trump: Won’t Release Taxes Due to Possible Political Damage

  1. #1
    Established Member Spider Solitare One Suit Champion, Color Boxes Champion
    Joined
    Oct 2010
    Posts
    6,685
    Thanks
    7021

    Trump: Won’t Release Taxes Due to Possible Political Damage

    Trump Cites Possible Political Damage In Explaining Why He Won’t Release Taxes

    For months, Donald Trump has insisted that he would not release his tax returns while under audit ― a position seconded by tax lawyers, though one that the IRS has said is not necessary.

    In an interview with Fox News on Wednesday, the presumptive Republican nominee continued to make the argument it was the IRS audit preventing him from disclosing the finite details of his personal finances ― from the tax breaks he took, to the charitable donations he’s made. But in a telling aside, Trump seemed to admit that he wasn’t disclosing his returns because of the political damage he feared they would inflict.

    “Mitt Romney didn’t want to give his tax returns” in 2012, Trump said of the previous Republican presidential candidate. “He fought like crazy. Then [Sen.] Harry Reid lied, told a total lie in the Senate, a vicious lie that was untrue. And then Mitt Romney, very, very late, decided to give his tax returns. Now, remember this, I’m under audit. It’s a routine audit. Nobody would do that while they’re under audit and everybody understands that. But let me tell you, he gave those tax returns and they were absolutely fine. He was destroyed. They went through his returns, which were peanuts compared to what I have. You saw the stacks of paper. He gave his returns, and they found little items, little items in those returns that were nothing.”

    Trump’s reference is to an episode in which Reid said he had heard from an investor at Bain Capital, Romney’s old private equity firm, that Romney had paid no taxes for 10 years. Romney denied the accusation and denounced Reid. He ended up producing 1.5 years of filings showing that he had paid a tax rate of roughly 14 percent ― in other words, extremely low. For that, Romney endured difficult headlines.

    Presidential candidates don’t normally acknowledge that they are taking a position in order to avoid tough headlines. But that’s precisely what Trump seemed to be suggesting on Wednesday. Trump did give himself cover by continuing to insist that IRS audits are to blame for his failure to reveal his tax returns. But that seems even less legitimate now.

    Ironically, Trump was among the choir of those urging Romney in 2012 to release his tax returns more quickly to get those headlines out of the way. Now, it’s Romney who is arguing that Trump is hiding some sort of shocking revelation in his own returns.


    If those tax documents ever do see the light of day, Trump will be crucified, and he knows it.

  2. #2
    Southern Strategy Liberal OldGaffer's Avatar
    Joined
    Jul 2013
    Posts
    37,909
    Thanks
    39832

    From
    Nashville, TN
    His partisan hacks do not want him to release his tax reports, they fear the hammer blow of Trump being exposed as a fraud and a fake. Clinton has released 20 years of hers, the last 10 on her site. But she is the "crook" hiding her finances, while Trump gets a big loud farting pass on all his nefarious dealings being exposed.
    Thanks from Steam Heat

  3. #3
    Veteran Member Devil505's Avatar
    Joined
    Jan 2008
    Posts
    60,783
    Thanks
    18448

    From
    Mass and Florida
    Quote Originally Posted by Steam Heat View Post
    If those tax documents ever do see the light of day, Trump will be crucified, and he knows it.
    Welfare Kings like Trump and Romney pay no taxes here and will never provide proof that don't pay taxes.
    Last edited by Devil505; 15th July 2016 at 01:47 PM.
    Thanks from Steam Heat

  4. #4
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    26,140
    Thanks
    21611

    From
    Colorado
    We must make sure that Donald Trump's missing tax returns REMAIN a political issue, from now right up to election day.

    Hammer the Donald on this EVERY DAY from now until November.
    Thanks from Steam Heat, Devil505 and Panzareta

  5. #5
    Thought Provocateur NightSwimmer's Avatar
    Joined
    Jun 2014
    Posts
    34,126
    Thanks
    31452

    From
    United States
    Quote Originally Posted by OldGaffer View Post
    His partisan hacks do not want him to release his tax reports, they fear the hammer blow of Trump being exposed as a fraud and a fake. Clinton has released 20 years of hers, the last 10 on her site. But she is the "crook" hiding her finances, while Trump gets a big loud farting pass on all his nefarious dealings being exposed.

    It's okay. He's a Republican.

  6. #6
    Established Member Spider Solitare One Suit Champion, Color Boxes Champion
    Joined
    Oct 2010
    Posts
    6,685
    Thanks
    7021

    Quote Originally Posted by BigLeRoy View Post
    We must make sure that Donald Trump's missing tax returns REMAIN a political issue, from now right up to election day.

    Hammer the Donald on this EVERY DAY from now until November.
    Looks like at least one very wealthy republican agrees with you!

    $5M ‘reward’ for Trump tax return

    What are Donald Trump's tax returns worth? $5 million to one curious rich person.

    An anonymous individual has offered to donate that amount to a veterans' charity if the presumptive Republican presidential nominee will release his tax returns. The inquisitive donor, who wants to keep his identity private, reportedly will even let The Donald choose the charity.

    Nonpartisan tax curiosity
    The high-dollar effort to get a glimpse of Trump's 1040s was announced by David Brock, a political operative and Hillary Clinton backer. However, the person willing to pay for the tax revelation is a member of the Grand Old Party, according to Brock.

    "He's an old-fashioned Republican who thinks this is about character and wants to ensure that the Republican delegates next week know what they're getting into when they nominate Donald Trump," Brock said of the donor.
    Thanks from BigLeRoy and NightSwimmer

  7. #7
    Banned Camp
    Joined
    Aug 2012
    Posts
    53,875
    Thanks
    19116

    From
    america
    Maybe he stored them on Hillary's server by accident!

    Seriously.

    After Ma Barker's scrubbing of servers, consistent and documented lies,etc.....hard for me to see how this hurts the Donald......

  8. #8
    Southern Strategy Liberal OldGaffer's Avatar
    Joined
    Jul 2013
    Posts
    37,909
    Thanks
    39832

    From
    Nashville, TN
    Quote Originally Posted by Rorschach View Post
    Maybe he stored them on Hillary's server by accident!

    Seriously.

    After Ma Barker's scrubbing of servers, consistent and documented lies,etc.....hard for me to see how this hurts the Donald......
    Of course not, he gets a pass. Why not, Hillary!

  9. #9
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    26,140
    Thanks
    21611

    From
    Colorado
    Quote Originally Posted by Rorschach View Post
    Maybe he stored them on Hillary's server by accident!

    Seriously.

    After Ma Barker's scrubbing of servers, consistent and documented lies,etc.....hard for me to see how this hurts the Donald......
    Of course, all of Donald Trump's DOCUMENTED lies simply don't matter to you........................

  10. #10
    Veteran Member Devil505's Avatar
    Joined
    Jan 2008
    Posts
    60,783
    Thanks
    18448

    From
    Mass and Florida
    Of course pols would never vote for it but no Presidential candidate should be allowed on the ballot without releasing ten years of tax returns.
    Anyone who games the system to avoid....evade really...paying any income tax should never be elected PRESIDENT.
    Thanks from Steam Heat

Page 1 of 2 12 LastLast

Similar Threads

  1. Replies: 32
    Last Post: 22nd January 2016, 07:50 AM
  2. Trump to release his tax plan today-
    By GordonGecko in forum Current Events
    Replies: 16
    Last Post: 28th September 2015, 06:54 AM
  3. Donald Trump Causing Permanent Damage To GOP
    By Two If By Tea in forum Political Discussion
    Replies: 161
    Last Post: 8th September 2015, 07:59 PM
  4. Corwyn: Buffett should release his taxes
    By bonncaruso in forum Political Discussion
    Replies: 2
    Last Post: 23rd September 2011, 04:18 PM
  5. Damage control or damage creation; take your pick
    By lakeman in forum Political Discussion
    Replies: 1
    Last Post: 29th October 2008, 08:36 AM

Tags for this Thread


Facebook Twitter RSS Feed