Let the truth be known
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Re: Let the truth be known
damn just fucking drop it.Comment
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Re: Let the truth be known
Look, dude, you've been awfully snippy lately. I've avoided you lately because know I how you can get. Aren't you the LAST person to tell someone to drop ANYthing? He attacked me. Get your priorates straight.
On second thought, I'm just gonna stop posting in the political forum. It's not why I came here to begin with.Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Re: Let the truth be known
priorities not prioratesComment
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Re: Let the truth be known
So after years of dodging and avoiding releasing his returns, it turns out he had something to hide after all.
$420 million in debt due in the next four years.
I'm sure such a forthright, honest person like him wouldn't use his office in any way to mitigate that debt.
Can't wait to see how that audit goes after he's out of office. That 5 percent interest in the casino is going to cost him the $72 million tax refund plus interest.
Millions in debt, looming tax audit. What could go wrong with 4 more years of him in office?
As for the tax audit, President Obama could have directed the IRS to complete the audit so the returns could be released.Comment
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Re: Let the truth be known
Originally posted by jmaisterJust proved my point, I don't need to say more.
Its your way, or your way.
But ur sound like such a nice guy talking machines? So polarizing.
Enjoy your stay. I was just curiousComment
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Re: Let the truth be known
Dick Morris: Trump Did Not Avoid Taxes, He Prepaid Them OPED
Contrary to the false impression in the New York Times story, Donald Trump did not avoid taxes. He prepaid them.
In 2016 and 2017, he requested and got an extension to file his returns. As required, he made an estimated tax payment of $1 million in 2016 and $4.2 million in 2017.
Then, it turned out that he did not owe that much in taxes, but rather than demand the money back, he let the IRS keep it and apply it to any future tax he owed.
So when he only paid $750 in taxes for the first two years of his presidency, it was because he had already overpaid during the two previous years and just reduced his payment by that amount.
Over the longer term, Trump overpaid his taxes by $72 million. Because some of that overpayment was more than two years earlier, he was not allowed to offset it against current taxes.
But Obama changed the law to allow taxpayers to go further back and he offset his tax liability in future years by citing his overpayment.
So Donald Trump did not avoid paying taxes; he prepaid them.
So what is wrong with that?
Many taxpayers overpay or have more withheld from their paychecks than they end up owing in taxes. They look forward to a deserved refund each year. Some even use the process as a way of saving money.
All that Trump did differently was to leave the money at the IRS and take the refund over several years. A government strapped for cash should reward such conduct, not vilify it.
And since no good deed goes unpunished in politics, he is also being skewered for taking a charitable tax deduction of $119 million for agreeing not to build homes on a 200-acre plot in Westchester, New York, and a similar one in Los AngelesComment
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Re: Let the truth be known
Dick Morris: Trump Did Not Avoid Taxes, He Prepaid Them OPED
Contrary to the false impression in the New York Times story, Donald Trump did not avoid taxes. He prepaid them.
In 2016 and 2017, he requested and got an extension to file his returns. As required, he made an estimated tax payment of $1 million in 2016 and $4.2 million in 2017.
Then, it turned out that he did not owe that much in taxes, but rather than demand the money back, he let the IRS keep it and apply it to any future tax he owed.
So when he only paid $750 in taxes for the first two years of his presidency, it was because he had already overpaid during the two previous years and just reduced his payment by that amount.
Over the longer term, Trump overpaid his taxes by $72 million. Because some of that overpayment was more than two years earlier, he was not allowed to offset it against current taxes.
But Obama changed the law to allow taxpayers to go further back and he offset his tax liability in future years by citing his overpayment.
So Donald Trump did not avoid paying taxes; he prepaid them.
So what is wrong with that?
Many taxpayers overpay or have more withheld from their paychecks than they end up owing in taxes. They look forward to a deserved refund each year. Some even use the process as a way of saving money.
All that Trump did differently was to leave the money at the IRS and take the refund over several years. A government strapped for cash should reward such conduct, not vilify it.
And since no good deed goes unpunished in politics, he is also being skewered for taking a charitable tax deduction of $119 million for agreeing not to build homes on a 200-acre plot in Westchester, New York, and a similar one in Los Angeles
He has appeared in the past on the Fox News for political commentary, especially appearing on The O'Reilly Factor and Hannity. After the 2012 election, Morris did not appear on Fox News for three months, and the network ultimately opted not to renew his contract.
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Re: Let the truth be known
Dick Morris is a 73 year old Republican strategist who was named after an award for "stunningly wrong political, social and cultural predictions".
Dick Morris - Wikipedia
He has appeared in the past on the Fox News for political commentary, especially appearing on The O'Reilly Factor and Hannity. After the 2012 election, Morris did not appear on Fox News for three months, and the network ultimately opted not to renew his contract.
you are correct about the 'vanishing' of Morris. The reason from his own words. .... " I can't abide by their policies and lately their actions to staff/commentators.. they are not Fox News of the past, they are becoming far to liberal for me to continue to be on their shows. "
He now writes/appears on NewsMax.comComment
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Re: Let the truth be known
I am wondering,have you actually read the entire 10,000 word article or just the headline. NYT's 10,000-Word Trump Tax 'Expose' Reveals NO Russian Links, NO Illegality, and Admits Left Will Be 'Unfulfilled' By The Report
As for the tax audit, President Obama could have directed the IRS to complete the audit so the returns could be released.
President Obama would NEVER use his office to corrupt another agency
Nice Spin or BS.Comment
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