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UCmeNdc

(9,600 posts)
Sun Sep 4, 2016, 01:31 PM Sep 2016

The Big Lie About Donald Trump’s Tax Returns

If you want the truth, listen to his accountants.


Trump is the first major candidate since Richard Nixon who has refused to release his tax returns, and the excuse of an “audit” has been a consistent refrain. It was repeated by Trump’s campaign manager, Kellyanne Conway, in an appearance Sunday morning.

But there is a bigger problem with the Trump campaign’s argument that all his returns are under audit: It’s not true.
The truth is disclosed in a letter from his accountants that was published to the Trump campaign website in March. It reveals that Trump’s returns from 2008 and prior are not under audit and have been “administratively closed” by the IRS.

So when Trump and his campaign staff say they are not releasing his taxes because they are under audit, that’s not true. None of his taxes from 2008 or prior are currently under audit, and yet Trump still hasn’t released those returns.
It’s also worth noting that nothing in the letter from his accountants advises him not to release his tax returns.

https://thinkprogress.org/the-big-lie-about-donald-trumps-tax-returns-585aa23bf529#.gpqywqu6b
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The Big Lie About Donald Trump’s Tax Returns (Original Post) UCmeNdc Sep 2016 OP
Appears the Con Job Wellstone ruled Sep 2016 #1
 

Wellstone ruled

(34,661 posts)
1. Appears the Con Job
Sun Sep 4, 2016, 02:16 PM
Sep 2016

and his finance's most likely,are in uncharted Tax Rules. When advise like best to not reveal anything,that leaves major questions. Real Estate offers one some really complex rules for hiding and washing piles of cash. Got to love the deprecation and carried interest rules. Then tie in appreciation of underlying assets which can be amortize to the max.

Would be fun just to see where he gets his forward financing from. Got a hunch,this thing is nothing more than a convoluted Ponzi Scheme. Enron on roids.

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