Jump to content

House committee receives Donald Trump's federal tax returns from IRS


Recommended Posts

House committee receives Donald Trump's federal tax returns from IRS

Source: CNN Politics

CNN — The House Ways and Means Committee now has six years of Donald Trump’s federal tax returns, ending a yearslong pursuit by Democrats to dig into one of the former president’s most closely guarded personal details. 

The Treasury Department has complied with last week’s court order to hand over the documents, a spokesperson from the Treasury Department confirmed to CNN on Wednesday. 

The Supreme Court declined last week to intervene after courts said the House had power to request the returns from the IRS. 

The committee, led by Democrat Richard Neal, had sought six years of Trump’s tax records, primarily from the time he served as president. That included records about both Trump personally and several of his corporate entities. The documents are not expected to be immediately released to the public. 



This story is breaking and will be updated. 


Read more: https://www.cnn.com/2022/11/30/politics/house-ways-and-means-committee-now-has-donald-trumps-federal-tax-returns/index.html
Link to comment
Share on other sites

20 minutes ago, Mainecat said:

House committee receives Donald Trump's federal tax returns from IRS

Source: CNN Politics

CNN — The House Ways and Means Committee now has six years of Donald Trump’s federal tax returns, ending a yearslong pursuit by Democrats to dig into one of the former president’s most closely guarded personal details. 

The Treasury Department has complied with last week’s court order to hand over the documents, a spokesperson from the Treasury Department confirmed to CNN on Wednesday. 

The Supreme Court declined last week to intervene after courts said the House had power to request the returns from the IRS. 

The committee, led by Democrat Richard Neal, had sought six years of Trump’s tax records, primarily from the time he served as president. That included records about both Trump personally and several of his corporate entities. The documents are not expected to be immediately released to the public. 



This story is breaking and will be updated. 


Read more: https://www.cnn.com/2022/11/30/politics/house-ways-and-means-committee-now-has-donald-trumps-federal-tax-returns/index.html

Suddenly leftists are concerned about tax dodging?  You be careful MCLiar they’re coming for tax dodgers like you 

  • Like 1
Link to comment
Share on other sites

  • Platinum Contributing Member
Just now, Not greg b said:

I am sure his taxable income is like a dollar and he paid zero personal income taxes like most of the ultra rich do. Everyone will be shocked 

His 2005 tax returns "outed" by Rachel Maddow showed he paid $38 million on $150 million in income.   Not all ultra rich avoid taxes.   The top .1% pay (about 150K Americans) made about 9.6% of taxable income yet paid almost 19% of the personal income taxes.   This of course also does not count the corp taxes they paid as part or whole owners of C Corps where S corp income is reported directly on personal tax returns.  Yes there are certain legal tax means the ultra wealthy utilize but saying most pay zero is absolutely incorrect. 

https://taxfoundation.org/publications/latest-federal-income-tax-data/

 

Link to comment
Share on other sites

  • Platinum Contributing Member
1 minute ago, Highmark said:

His 2005 tax returns "outed" by Rachel Maddow showed he paid $38 million on $150 million in income.   Not all ultra rich avoid taxes.   The top .1% pay (about 150K Americans) made about 9.6% of taxable income yet paid almost 19% of the personal income taxes.   This of course also does not count the corp taxes they paid as part or whole owners of C Corps where S corp income is reported directly on personal tax returns.  Yes there are certain legal tax means the ultra wealthy utilize but saying most pay zero is absolutely incorrect. 

https://taxfoundation.org/publications/latest-federal-income-tax-data/

 

Thought he said he’d release them…..after his ongoing audit because it was illegal for him to while under audit….which is surprise surprise…..a lie :lmao: 

Why’d he lie?

Link to comment
Share on other sites

  • Platinum Contributing Member
1 minute ago, SnowRider said:

Thought he said he’d release them…..after his ongoing audit because it was illegal for him to while under audit….which is surprise surprise…..a lie :lmao: 

Why’d he lie?

Ask him.  My guess is with how wrongly he was treated over Russia and a number of things he was fighting it as a fuck you.  

Edited by Highmark
  • Thanks 1
  • Haha 1
Link to comment
Share on other sites

  • Platinum Contributing Member
3 minutes ago, ActionfigureJoe said:

It’s always been that way. Oops 

Maybe so but there was likely a you don't ask for ours and we won't ask for yours.   Guessing that's off the table for tax returns and who know's what else for Presidents or congressional leaders past and present. 

Edited by Highmark
Link to comment
Share on other sites

  • Platinum Contributing Member
3 minutes ago, Highmark said:

Ask him.  My guess is with how wrongly he was treated over Russia and a number of things he was fighting it as a fuck you.  

Poor Donny - it’s cute how his cult feels so sorry for him 

Link to comment
Share on other sites

Just now, Highmark said:

Maybe so but there was likely a you don't ask for ours and we won't ask for yours.   Guessing that's off the table for tax returns and who know's what else for Presidents, past and present. 

trump could’ve prevented all of this. But then he wouldn’t have got as much attention and his followers wouldn’t have been incensed. Everyone got what they deserved. 

Link to comment
Share on other sites

5 minutes ago, ActionfigureJoe said:

It’s standard procedure for a person running for office to release their returns. So this doesn’t open the door for anything. 

Well since it also includes other entities, I'm hoping that opens doors to include looking at returns of politicians that became wealthy while in office, just looking at personal tax returns leaves a lot of things hidden.

Edited by airflite1
  • Like 2
Link to comment
Share on other sites

18 minutes ago, SnowRider said:

Thought he said he’d release them…..after his ongoing audit because it was illegal for him to while under audit….which is surprise surprise…..a lie :lmao: 

Why’d he lie?

Like Kerry did with his dd214?

Link to comment
Share on other sites

4 minutes ago, airflite1 said:

Well since it also includes other entities, I'm hoping that opens doors to include looking at returns of politicians that became wealthy while in office, just looking at personal tax returns leaves a lot of things hidden.

Seems fair to me. Start with Ted Cruz and his blow jobs with oil companies. Then work right down the line. 

  • Haha 1
Link to comment
Share on other sites

  • Platinum Contributing Member
1 minute ago, ActionfigureJoe said:

Seems fair to me. Start with Ted Cruz and his blow jobs with oil companies. Then work right down the line. 

Maybe they can find what Don the Con has on Lady G :lmao: 

Link to comment
Share on other sites

2 minutes ago, ActionfigureJoe said:

Seems fair to me. Start with Ted Cruz and his blow jobs with oil companies. Then work right down the line. 

No start at the top with the Big Guy, then Speaker of the House, work your way down.

Edited by airflite1
  • Like 3
Link to comment
Share on other sites

  • Platinum Contributing Member
10 minutes ago, ActionfigureJoe said:

It’s standard procedure for a person running for office to release their returns. So this doesn’t open the door for anything. 

Standard procedure only because others have released them willingly but it’s not a requirement. Maybe it will be now 

Link to comment
Share on other sites

Just now, Skidooski said:

Standard procedure only because others have released them willingly but it’s not a requirement. Maybe it will be now 

 

Career politicians will be quick to release their personal returns, I'm sure they have their taxes prepared accordingly. It's the other entities like foundations, corporations any of their legal money laundering that needs to be looked into. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Trying to pay the bills, lol

×
×
  • Create New...