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caption anyone?
Topic Started: Oct 2 2016, 05:14 AM (1,040 Views)
bachophile
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HOLY CARP!!!
Posted Image
"I don't know much about classical music. For years I thought the Goldberg Variations were something Mr. and Mrs. Goldberg did on their wedding night." Woody Allen
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bachophile
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HOLY CARP!!!
i, for example, just hate losing a billion.

makes for bad day.
"I don't know much about classical music. For years I thought the Goldberg Variations were something Mr. and Mrs. Goldberg did on their wedding night." Woody Allen
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George K
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Finally
I got yer caption right here: https://www.law.cornell.edu/uscode/text/26/6103
Quote:
 
Returns and return information shall be confidential, and except as authorized by this title—

(1) no officer or employee of the United States,

(2) no officer or employee of any State, any local law enforcement agency receiving information under subsection (i)(1)(C) or (7)(A), any local child support enforcement agency, or any local agency administering a program listed in subsection (l)(7)(D) who has or had access to returns or return information under this section or section 6104(c), and

(3) no other person (or officer or employee thereof) who has or had access to returns or return information under subsection (e)(1)(D)(iii), subsection (k)(10), paragraph (6), (10), (12), (16), (19), (20), or (21) of subsection (l), paragraph (2) or (4)(B) of subsection (m), or subsection (n),
shall disclose any return or return information obtained by him in any manner in connection with his service as such an officer or an employee or otherwise or under the provisions of this section. For purposes of this subsection, the term “officer or employee” includes a former officer or employee.
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"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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John Galt
Fulla-Carp
From a forum at Harvard a couple of weeks ago:

Quote:
 
Dean Baquet, the top editor at the New York Times, said he'd publish a story on Donald Trump's taxes even if it means risking jail time.

He made the remark during a Harvard University forum Sunday, when he was asked about the legal risks tied to publishing a leaked or hacked copy of Trump's taxes.

"I think every journalist on the planet wants Donald Trump's tax returns," said Laura Poitras, a filmmaker who made an Academy Award-winning documentary about NSA leaker Edward Snowden.

But she told both Baquet and Washington Post Associate Editor Bob Woodward, who was also there, that the lawyers for their newspapers would probably warn them that they'd face jail time for publishing such information.

"If the Post or the Times were to get Donald Trump's tax returns, would you publish them?" she asked.

Both said yes, that they'd argue with the attorneys to do so.

Baquet said Trump's taxes are important because he is "a presidential candidate whose whole campaign is built on his success as a business man, and his wealth," and that his taxes could cast light on whether that's true.

Woodward joked that if a judge handed down a five-year jail sentence to the Post for publishing the taxes, he'd have everyone at the paper serve a single day of the sentence. But he also stressed that it's very important to report on the taxes.

"Some things you have to do. Dean is exactly right. This defines Donald Trump," Woodward said.


http://money.cnn.com/2016/09/12/media/ny-times-editor-jail-donald-trump-taxes/
Let us begin anew, remembering on both sides that civility is not a sign of weakness.
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George K
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Finally
(not a Trump fan)

Is there any universe in which The Donald won't take this guy to court?
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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John Galt
Fulla-Carp
Given his record, seems likely he'll sue.

I am taking the Daily Beast article with a grain of salt given the obvious bias, but I have to add that the NYT reporters behind the tax return story indicated that the paper's lawyers believe that releasing information that you got from an anonymous source isn't illegal. The source, if he/she can be located, would be liable. The reporters were just on This Week on ABC.

I also wonder about Trump's tax accountant from that time (and clearly under the description in the code you quoted), who confirmed to the NYT that the material they had received looked "legit". He also added:

Quote:
 
In an interview, Mitnick told the Times he had sometimes found it odd that the tax code allowed Trump to live in such luxury without paying income taxes.

"Here the guy was building incredible net worth and not paying tax on it," he said


Seems like that is revealing information from the return.
Edited by John Galt, Oct 2 2016, 07:14 AM.
Let us begin anew, remembering on both sides that civility is not a sign of weakness.
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Rainman
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Fulla-Carp
Quote:
 
Here the guy was building incredible net worth and not paying tax on it,

If there is a college course with the (bold) title, sign me up!!

I have been taking the life skills course for years: "How to get screwed by taxes every year."
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Mikhailoh
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If you want trouble, find yourself a redhead
if he can find a way to avoid taxes, what the hell is wrong with that? Don't we all endeavor to do so where we can?
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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Luke's Dad
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Emperor Pengin
Mikhailoh
Oct 2 2016, 11:03 AM
if he can find a way to avoid taxes, what the hell is wrong with that? Don't we all endeavor to do so where we can?
It's your "civic duty" to pay taxes. That's in my son's Civics textbook.
The problem with having an open mind is that people keep trying to put things in it.
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Luke's Dad
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Emperor Pengin
Hey, since the Revolution revolved around taxation without representation, and not a single one of these bozos represent my views, do I get a tax break?
The problem with having an open mind is that people keep trying to put things in it.
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Mikhailoh
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If you want trouble, find yourself a redhead
Luke's Dad
Oct 2 2016, 11:25 AM
Mikhailoh
Oct 2 2016, 11:03 AM
if he can find a way to avoid taxes, what the hell is wrong with that? Don't we all endeavor to do so where we can?
It's your "civic duty" to pay taxes. That's in my son's Civics textbook.
It is your civic duty to pay the taxes you legally owe. If the laws on the books allow you to avoid that you would be a fool not to take advantage. I suspect his various endeavors generate one hell of a lot more taxes than we do. (also not a Trump supporter)

There are many things one might object to about Trump but this is not one of them.
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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George K
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Finally
Guess who else avoided paying taxes?

The New York Times:

Quote:
 
More recently, for tax year 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their 2014 annual report is, “The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.” If you don’t think it took fancy accountants and tax lawyers to make that happen, read the statement again.
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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John Galt
Fulla-Carp
Teh Donald and the NYT are in distinguished company:

Posted Image

http://www.thefiscaltimes.com/2015/04/09/15-Fortune-500-Companies-Paid-No-Federal-Income-Taxes-2014
Let us begin anew, remembering on both sides that civility is not a sign of weakness.
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John Galt
Fulla-Carp
Some others, just for grins: https://www.rt.com/usa/low-corporate-tax-rates-275/

I'm an accounting noob, so I don't know how to make sense of the details.... ...Donald's is his personal income tax and not a corporate tax, right? And I'm assuming those losses are from partnerships etc. Makes one wonder whose money he's writing off against his income.

We got any tax people here who can comment?
Let us begin anew, remembering on both sides that civility is not a sign of weakness.
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Rainman
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Fulla-Carp
Yes, accountants and business people, including editors, are important for exactness.
Well, maybe only need to be close.
Note in the above list, Xerox is listed as "Lumber" and Weyerhaeuser (sic) "Computers."

But I'm sure everything else is precise.
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John Galt
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Well done, Rainman! :thumb:
Let us begin anew, remembering on both sides that civility is not a sign of weakness.
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George K
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Finally
We don't really know whether Trump paid taxes in that, or subsequent years, do we?

The NYT story is full of words like, "perhaps," "possible that," "may not have." No evidence that he didn't - yet.

You know who else didn't pay any income taxes?

45% of US Citizens.
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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Mikhailoh
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If you want trouble, find yourself a redhead
This is a nothingburger.
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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George K
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Finally
Mikhailoh
Oct 2 2016, 01:16 PM
This is a nothingburger.
On the basis of fact, you're right.

On the basis of emotion, nope. People are gonna run with it. Remember how Harry Reid accused Romney of not paying taxes (with no evidence, by the way)? Did it hurt Mitt? Probably.
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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Mikhailoh
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If you want trouble, find yourself a redhead
Agreed. It just pisses me off when the electorate proves themselves as gullible as Washington supposes.
Once in his life, every man is entitled to fall madly in love with a gorgeous redhead - Lucille Ball
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George K
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Finally
Oh, and there was the New York Times story about John McCain having an affair. Remember that? It was on the front page, iirc.
A guide to GKSR: Click

"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


Nothing is as effective as homeopathy.

I'd rather listen to an hour of Abba than an hour of The Beatles.
- Klaus, 4/29/18
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Axtremus
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HOLY CARP!!!
So what if Trump may be part of Romney's 47%, right?
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Axtremus
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HOLY CARP!!!
Caption: He's a genius!

Christie, Giuliani on tax bombshell: Trump a 'genius'
http://politi.co/2dBnE6D
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Rainman
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Fulla-Carp
I'm having trouble coming to a conclusion of what this issue means.

1) Upon review, we note that Mr. Trump paid no taxes! - He is a greedy, selfish businessman that does not care for his country.

2) Upon review, we note that Mr. Trump could have taken advantage of additional tax loopholes which would have saved him $millions. - He is a lousy businessman that does not care for his investors.

Which persona would be best, in terms of acumen for being in the Oval Office?
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John Galt
Fulla-Carp
Add one more: 3) Upon review, it is discovered that Mr Trump, the astute businessman, lost nearly a billion dollars, quite possibly other people's money. Then bailed himself out by using tax laws favorable to real estate developers.

Isn't America great?
Edited by John Galt, Oct 2 2016, 03:23 PM.
Let us begin anew, remembering on both sides that civility is not a sign of weakness.
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