- Joined
- Apr 9, 2012
- Messages
- 42,374
- Reaction score
- 5
He definitely missed that counter opportunity. Her statement was laughable.
Also funny and sad that Holt thinks tax returns shows how "wealthy" a person is and how much, if any debt a person has.
Trump has already filed financial disclosure forms (lists assets, liabilities) with the Federal Election Commission, he should just release his personal tax returns already.
It could show some interesting things like let's say Trump owed some creditors $100,000 and they gave up on collecting the debt and instead deducted the expense from their taxes.
Trump would legally have to report $100,000 of income on his tax return because debt forgiveness is considered taxable income.
This could explain why Trump is always under audit. People are claiming things like this, Trump can't keep track of all the 1099s coming his way so the IRS comes in adjusts his filings accordingly since they have all the records.