It’s almost April 15 and the American people want Donald Trump’s receipts. On the second Saturday in April, organizers are planning marches in Washington, D.C. and dozens of other cities across the U.S. to call on the president to release his tax returns. Given the improving weather and polls that suggest that about 3 out of […]
As Stephen Colbert explains, Trump is legally exempt from essential norms that have governed the behavior of previous presidents and cabinet members, which the Late Show host compares to a restaurant that requires all employees to wash their hands after using the toilet — except the chef.
A desire to fix any billionaire deficit may account for Trump’s decision to stock his administration with real-life tycoons. The way it works is that they cut him into their deals and he lets them influence tax and regulatory laws. This assumes that Trump might participate in such an unseemly trade, heaven forfend.
The Clintons’ 2015 return shows a roughly $700,000 capital loss carried over from a prior year, that loss originates with the financial crash of 2008, and provided only a $3,000 deduction. They paid $3.2 million in federal income taxes in 2015.
Trump needs to defend his ego from every slight and sees criticism as a threat to his identity. But it’s his personal cruelty that should most terrify voters.
The Times obtained Trump’s 1995 tax records, reporting that he received almost a billion dollars in tax benefits from financial deals that went bad in the early 1990s.
Among the most telling consequences of Trump’s poor preparation was what sounded like a very damaging admission by the self-proclaimed billionaire that he doesn’t pay federal income taxes.
When Fox host Arthel Neville pressed Katrina Pierson on whether Trump should release his tax returns, Pierson responded that the practice of presidential candidates releasing candidates’ tax returns was a “novelty.”
An embarrassing misreading of Hillary and Bill Clinton’s 2015 tax returns led The Daily Caller to publish an entire article based on the false premise that the couple had given almost all their charitable donations to the Clinton Foundation.
U.S. Democratic presidential candidate Hillary Clinton will release her 2015 tax returns and her running mate, U.S. Senator Tim Kaine and his wife, Anne Holton, will release the last 10 years of their tax returns within days, according to a source close to Clinton.
Republican presidential candidate Donald Trump “will not be releasing” his tax returns due to a federal audit, his campaign manager said on Wednesday, despite pressure to release them and provide a window into his finances before the Nov. 8 election.
When—if ever—will Donald Trump release his tax returns? That’s the question that journalists and commentators have been asking for months now, prompting the Republican nominee to repeatedly insist that he cannot do so while he is under an audit. But transcripts from over a dozen interviews he’s given as early as 2011 show not only that he’s long overdue on his promises, but also that he has strategically changed his approach to this question, leaving contradictions along the way.
“You know, when I was working on this speech, i had the same experience I had when I was working on the speech I gave about foreign policy and national security,” she said, before talking about Trump’s tax plan. “I’d have my researchers and my speechwriters send me information, and then I’d say, ‘Really? He really said that?’ And they’d send me all the background and the video clip… So here it goes.”
Bernie Sanders’ campaign manager Jeff Weaver had some words for Chris Matthews about the anchor’s insistence on seeing Sanders’ tax returns: Why didn’t Matthews release his own returns when his wife ran for Congress?
What little we can glean from Trump’s mandatory personal financial disclosure — which is *not* the same thing as a tax return — indicates that Trump’s own claims about his assets change when it’s convenient for him; specifically, when he stands to pay less in taxes.
“Dear Commissioner — As you know, our client is dying to share his tax returns with American voters before the upcoming presidential election. However, he has prudently chosen to wait until your agency has completed its unfair audit of his Form 1040 filings…”
This is what Donald Trump’s refusal to release his tax returns says about America. We are a nation that can’t think straight about wealth and class. And Trump knows better than to puncture our delusions.
But how little does Trump actually pay in taxes? David Cay Johnston, who spent three decades covering Trump as he moved from one business venture to another, noted that in 1978 and 1979 the businessman had paid exactly nothing in taxes.
The returns will be released, Jane suggested, when Hillary Clinton provides transcript of her lucrative speeches to Wall Street firms. Clinton should absolutely release the transcripts and she should have done so long ago, but the issues are not even close to parallel.
What they made public was a mere summary known as IRS Form 1040. That form is no more a tax return than the Preamble is our Constitution.
WASHINGTON — Maybe only a really, really rich guy can credibly make the case for why the wealthy should be asked to pay more in taxes. You can’t accuse a big capitalist of “class warfare.” That’s why the right wing despises Warren Buffett and is trying so hard to shut him up. Militant conservatives are […]