In the Honorable Tradition Befitting A Presidential Candidate, Clinton Releases 2015 Tax Returns -- Why Does Trump Hide His?

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    Aug 12, 2016 6:32 PM GMT
    http://www.usatoday.com/story/news/politics/elections/2016/08/12/hillary-clinton-tax-returns-trump-kaine/88614790/...Clinton, who filed jointly with her husband, paid an effective federal income tax rate of 34.2% last year, and the Clintons donated 9.8% of their adjusted gross income to charity...


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    Aug 12, 2016 6:38 PM GMT
    http://www.usatoday.com/story/news/politics/elections/2016/08/12/hillary-clinton-tax-returns-trump-kaine/88614790/...Sen. Tim Kaine, Clinton’s running mate, and his wife, Anne Holton, are also releasing 10 years of their returns showing they earned a combined $313,441 and paid a 25.6% rate, taking into account federal, state and local taxes....

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    Aug 13, 2016 12:26 AM GMT
    http://fortune.com/2016/08/05/trump-tax-return-voters/...Among 1,931 registered voters polled, 45% said that not releasing a tax return made them view Trump less favorably. Furthermore, 37% of likely voters said it made them less likely to vote or him...
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    Aug 13, 2016 8:55 AM GMT
    So what exactly is Donald Trump hiding in his unpublished tax returns?

    Maybe he pays little or no tax, but 60 per cent of independent voters – which he needs if he is to win in November – want him to release his returns, and half of Republicans believe he should too

    Maybe he’s paying little or even no tax. The US tax code offers many loopholes to property developers. The last batch of Trump tax returns we do know about were made public in 1981, when New Jersey’s gambling regulators were vetting a Trump application to open a casino-hotel complex in the state. They cover the period 1975 to 1979. In the last two years Trump paid no tax whatsoever.

    Up to a point, of course, that’s fine: Trump is a businessman who, like all businessmen (and the rest of us for that matter), want to reduce their tax bill as much as they can, within the limits of the law. But it wouldn’t sit well for a populist whose appeal partly rests on rants against corporate titans, hedge fund operators and the like, who in his words “make a fortune and pay no taxes,” and “get away with murder.”

    They could also show Trump has used elaborate tax shelters, maybe offshore ones. They would also throw light on Trump’s tax-deductible charitable contributions. Is he as generous a donor as he claims.

    More generally, they would provide some kind of gauge of his wealth – and could it be he’s nowhere near as rich as he brags (remember all those $10bn boasts)… and by extension maybe not quite the super-hotshot businessman he claims to be?

    Clinton is already making hay with the Trump returns, and the pressure will only intensify as November approaches. Romney said he wouldn’t release his returns, but ultimately had no choice. It could be the same for Donald Trump.


    http://www.independent.co.uk/voices/so-what-exactly-is-donald-trump-hiding-in-his-unpublished-tax-returns-a7048761.html
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    Aug 13, 2016 9:05 AM GMT
    Nothing to say the books haven't been cooked. The Clinton's have repeatedly proven their dishonesty, by manipulating the truth.
  • KissTheSky

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    Aug 13, 2016 2:40 PM GMT
    Trump's blue-collar supporters would abandon him if it's discovered he's paying little to no taxes. (In some prior years, he has paid ZERO).
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    Aug 13, 2016 3:27 PM GMT
    KissTheSky saidTrump's blue-collar supporters would abandon him if it's discovered he's paying little to no taxes. (In some prior years, he has paid ZERO).


    Indeed. That could be the real "October surprise".
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    Aug 13, 2016 3:44 PM GMT
    Read my lips: There's no way in hell that Trump will release his tax returns, even when it becomes readily apparent and unequivocal that he's going to lose the general election in a big way. Why? Several reasons: (a) because he has a business reputation/brand name (whatever that means) to protect even after his loss, and (b) because he's not in the habit of saying "I was wrong." Interestingly, a good portion of Trump's business income comes from the licensing of the name "Trump"--so imagine how a questionable tax return could ruin that revenue stream. See, for example, https://www.washingtonpost.com/politics/how-donald-trump-can-make-money-even-when-trump-branded-properties-fail/2015/07/23/1ff64854-2ef1-11e5-8353-1215475949f4_story.html.
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    Aug 13, 2016 3:58 PM GMT
    mute point, trump is way behind
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    Aug 13, 2016 4:17 PM GMT
    So America can either vote for some strongconman Trump who has shown ZERO tax returns or for Clinton who has released THIRTY YEARS of tax returns.

    When was there ever a more scrutinized candidate for president or one put more to the fires of judgment?
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    Aug 13, 2016 4:29 PM GMT
    to this article https://www.washingtonpost.com/politics/how-donald-trump-can-make-money-even-when-trump-branded-properties-fail/2015/07/23/1ff64854-2ef1-11e5-8353-1215475949f4_story.html mentioned above,

    He brags that he made his money “the old-fashioned way,”


    Yeah, the old fashioned way: conning it.

    I would think (would hope) this debacle of his which is so revealing of his true nature hurts his brand name. And I would hope media never again allow him more TV time after this. Any station giving him another TV show ought to be boycotted.