Trump’s Tax Returns

 
unsmoked
 
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unsmoked
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13 November 2018 10:52
 

In your opinion, will Republicans stand by Trump when his tax returns are released?  Giuliani said he was a genius for not paying taxes.

https://www.art.com/products/p15062991317-sa-i6840049/tom-toro-all-i-did-was-remove-his-flag-pin-new-yorker-cartoon.htm

 
 
Twissel
 
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Twissel
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13 November 2018 11:21
 

It depends (IMO) on whether there is serious crime associated with his tax schemes or not.
On its own it won’t matter.

 
 
hannahtoo
 
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hannahtoo
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13 November 2018 14:49
 

If it’s obvious fraud, then the Republicans will condemn Trump.  But if it’s finagling within legal limits, then it will get lost in the dissection.  I heard one wealthy Democrat say that, “Every rich person does those types of things,” referring to many of the practices written about in the NY Times.  For example, undervaluing properties to pay less taxes.  Or transferring assets to children, starting when they are very young. 

While the tax history may show that Trump wildly exaggerated his dad’s contribution to his net worth, his supporters will likely wink and give him a thumbs up for being a showman.  They don’t care that Trump University was a scam.  They don’t care that Trump International Hotel is raking in money from visitors on government business.  Emoluments, schmoluments.

Maybe the returns will show major entanglement in Russian, Chinese, and Saudi enterprises.  Then there will be a problem.  But again, anything that takes more than one sentence to explain will be fodder for the truth twisters and deniers.  Geez, an 8-page story about Trump’s finances comes out in the NY Times, and then it just fades away.  All Trump has to do is fire someone in his cabinet or make a heartless decree about migrants, and the news reporters are distracted, like cats chasing a laser pen light.  It’s like a national epidemic of ADHD.

 
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16 November 2018 02:37
 

Yes, in all cases.

 
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16 November 2018 10:24
 
Skipshot - 16 November 2018 02:37 AM

Yes, in all cases.

In your opinion, if not worried about the release of his tax returns, what does Trump fear will be revealed by the Mueller investigation? 

https://www.newyorker.com/news/daily-comment/trumps-rages-and-the-case-for-optimism?

Last 3 paragraphs from this article by David Remnick, New Yorker Magazine editor:

“For two years, certain institutions and forces of American life have, imperfectly, fitfully, resisted the autocratic and anti-constitutional instincts of the Trump Administration. Judges, investigators, civil-society organizations, protesters, government officials and ex-government officials in possession of a conscience, and the press have done important work. The election, which nearly everyone understood as a referendum on Donald Trump, has had the most powerful effect of all, and it has led to his current unwinding.”

“There is no overestimating the damage that Trump has done and will continue to do. He will go on, at best, ignoring the perils of climate change, the evidence of a future that is our present, from the wildfires of California to the swamping of New Orleans, Houston, Puerto Rico, and the state of Florida. He will go on, at best, ignoring the mortal peril of gun violence and the fiscal peril of heedless financial policy. He will go on trying to frighten Americans about “caravans” and “terrorists” infiltrating the country. And he will go on undermining invaluable international institutions and alliances.”

“But there has always been a case to be made for hope. And the case was made, most powerfully, at the ballot box. When the President fantasizes that the vote was a fraud, the result of criminals dressed in one hat, then another, one shirt, then another—well, that rhetoric of desperation is a signal that maybe, just maybe, a change is on the way.”  -  David Remnick, The New Yorker

 

 
 
hannahtoo
 
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hannahtoo
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16 November 2018 11:34
 

I wish I could be so sanguine about change a-comin’ in 2020.  See this article that shows much larger mid-term losses in Congress by other Presidents:
https://www.politifact.com/punditfact/statements/2014/dec/07/matthew-dowd/has-president-obama-lost-more-democratic-seats-con/

Plus, the Senate just added more Republican members.  And they control appointments to the Supreme Court as well as oversee any trial for impeachment.

 
Twissel
 
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Twissel
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16 November 2018 11:42
 

The Tax Returns are a real danger for Trump the Businessman, not for Trump the Politican.
Once he is out of office, he might never be rid of IRS audits and no one but the Russians is going to lend him a dime.

 
 
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16 November 2018 13:05
 

There is no law requiring the release of tax returns, so Trump may ignore howls to do so. And if he did not promise to do so as a candidate I would defend him.  However, his lies attract the howls he richly deserves.