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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow on earth have we let Trump get away with hiding his tax returns?
https://www.washingtonpost.com/blogs/plum-line/wp/2018/08/09/how-on-earth-have-we-let-trump-get-away-with-hiding-his-tax-returns/The Treasury Department has issued a set of proposed regulations clarifying who can and cant take advantage of the pass-through loophole that Republicans included in the tax cut they passed last year, which, in ordinary circumstances, would be a story of interest only to a relatively small number of tax nerds.
But in this case, it is of special interest to President Trump, which is why it is yet another reminder that the American public absolutely, positively needs to see his tax returns.
These new regulations make it clear once again that the Republican tax bill is going to shower millions of dollars on the president. The problem is that we dont know exactly how much.
In a way, you have to give some credit to Trump for outside-the-box thinking. Every presidential nominee for half a century made their tax returns public, because to avoid having a corrupt president, at a minimum wed need to know how much income they had and where it was coming from. But Trump simply refused, offering up transparently phony excuses about how he was being audited by the Internal Revenue Service. No one else would have had the unmitigated gall, but Trump correctly surmised that whatever criticism hed get for stonewalling, it wouldnt be as bad for him as what would happen if the public actually got to see his return
Eventually, everyone stopped asking, despite the fact that there has never in U.S. history been a president for whom it was more important that we know the details of his finances. Thats not only because Trump was a spectacularly corrupt businessman. And its not only because, unlike presidents before him, he refused to divest himself of his holdings, offering a plethora of opportunities for people to shove money into his pockets while he serves in the Oval Office. Its also because, unlike previous presidents, Trumps income comes from an incredibly complex web of companies that are impossible for outside observers to completely understand.
Grasswire2
(13,571 posts)dalton99a
(81,526 posts)Shit, they nominated him to be president
SunSeeker
(51,574 posts)JI7
(89,252 posts)they just give in to him.
0rganism
(23,957 posts)to be on the state's ballot for president (or perhaps any/all federal offices), candidates have to release their last 10 years of tax returns, perhaps as part of a more general documentation disclosure requirement. that would get interesting real quick.
maxrandb
(15,334 posts)President Obama didn't fix all of America's problems within a week of taking office, and even had to gall to not deliver ponies as demanded. Then, we decided that the way to make America more progressive was to sit out the 2010 Mid-term election (A CENSUS YEAR), and allow unhinged racists with tri-corner hats and Medicare provided "My Scooters" screaming like banshees for 14 months about getting "gubmint out of my Medicare", to take over 65% of all State Legislatures and Governorships, as well as a majority of the national House and Senate.
Then, we sat back as a fucking orange circus clown spent the next 14 months demanding to see the first African American President's Birth Certificate. We never showed up to protest at the studios and headquarters of ...NOT ONE SINGLE of the 1,500 Hate Radio stations, MANY BASED ENTIRELY WITHIN THE CONFINE OF 80-20 BLUE TO RED CITIES, who spewed racist birther shit 24/7.
Then, it became perfectly normal for CBS, NBC, ABC, the NY Times, the WA Post, and of course Faux News to present the entire racist birther shit as nothing more than a "he said-she said" issue.
Then we gleefully watched "Game of Thrones" and wondered how people could allow such a fucked up...but entertaining...leadership structure take hold in Westoros.
Then we got busy with our kids and our lives as our newly empowered T-baggers drew districts that looked like a sheep fucking a housecat...we expressed a little bit of concern when all of these "snake swallowing a shriveled penis" districts ensured our new overlords could win 45% of a states voters, while getting 86% of a states representation...coincidental of course.
Then we nominated a fantastic candidate, and one that was probably the most qualified to serve as President, but all anyone wanted to talk about was some "scandal" about some "email" bullshit...except for some of "us"...who preferred talking about how "our wonderful, started from nothing and worked her ass off to get where she was, truly historic candidate, was just exactly the same as an orange colored, racist freak-show, carnival barking, used car, snake oil selling and serial unwanted pussy-grabbing moron".
Then, just to ensure we went completely through the Looking Glass and were using the broken shards to slit out wrists, we enabled the party of the "orange colored, racist freak-show, carnival barking, used car, snake oil selling and serial unwanted pussy-grabbing moron", to be the only check on his power.
There's something in there about some Russians doing some shit, but truly...THIS SHIT SHOW IS ALL OURS.
and that's the story of "How on earth have we let Trump get away with hiding his tax returns?"