Economy New York Times - The President's Taxes

Benjamin Burton said:
Stock market futures are fucking mooning. Trump won this debate.
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lol nope.
Futures are flat and a up down of 1% right now while we're in the middle of the 200 day moving avg is comical.
Both of these dudes are rich corporate fucks, just to varying degrees of sanity and corruption.
Neither of them, nor the market, gives a fuck about you and the fact all 3 are apparently so relevant to your/our concept of government is depressing af.
 
KeepingItReal said:
That doesn't make sense because if Ivanka gets paid it shows up on her income statement and the IRS anyways collects taxes on it. Why would it be an issue? What's the argument? They didn't collect the taxes from Trump but collected them from Ivanka instead?
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Taking a lower overall tax rate since consultants pay 15% and can deduct far more expenses if they generate enough revenue? IDK I’m just winging it here. You sound better educated at finance.
 
Ophydian said:
Taking a lower overall tax rate since consultants pay 15% and can deduct far more expenses if they generate enough revenue? IDK I’m just winging it here. You sound better educated at finance.
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I don't see how that makes sense because no matter whose hands the money ended up in they would be in the top tax bracket therefore getting taxed at the highest rates.

This is only a slightly related argument but I find it peculiar that in the face of people arguing for redistribution they have something against Trump redistributing his wealth to his family. A father who owned a small family business, say a restaurant, or a laundromat might do the same, but if someone who has a much richer business does it, it's bad. Not only that, said rich person should have a portion of their wealth taken away and redistributed to someone else's family, seems to be the argument.
 
So this story turned out to be misleading and bogus too. What a shocker.
 
Interesting video on Hunter Biden business career deals. Suspect bias media source but seems legit enough

 
Seano said:
So this story turned out to be misleading and bogus too. What a shocker.
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Why won't he release his tax returns like every other presidential candidate for the past 50 yrs? I'm sure there's a perfectly innocent explanation for why he's behaving like a mob boss with something to hide.
 
Do we know who leaked this stuff to the NYT? Someone leaking another person's tax information is very concerning.
 
moosaev said:
Why won't he release his tax returns like every other presidential candidate for the past 50 yrs? I'm sure there's a perfectly innocent explanation for why he's behaving like a mob boss with something to hide.
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What wrongdoing do you think is in there that the IRS hasn't managed to catch?
Stop falling for these lies. I can't even laugh at you anymore, its so ridiculous.
 
This chart shows the effect of raising taxes on the rich in the US.
TAX-CYC-600x450.jpg


Gregolian said:
No.

You tax a Bezos at 70% and he will STILL have more money in his account and make more on his next company check than I will getting 30% of my paycheck deducted. Me losing $500 a check will impact my living far more than Bezos losing 200 million of his over a billion dollar empire. Oh what? He can't buy another island? Too bad fuck him
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Have we found out yet who co signed for Donny's loans with Deustche Bank and Bank of China. Trump's loan with Bank of China is frightening and the American people deserve to know the details.
 
Seano said:
So this story turned out to be misleading and bogus too. What a shocker.
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Oh? Donald Trump sure thinks it's real. So did the Pulitzer Prize, which the journalists won for the story. Trump just sued them over it. And not because the story is "Fake News." Instead he's claiming it was an "insidious plot to obtain confidential and highly-sensitive records." Guess they're still under audit? He wants $100 million from both the NYT and Mary Trump.

https://www.thedailybeast.com/donal...times-and-his-niece-mary-trump-over-tax-story
 
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