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  #51  
Old 05-21-2019, 08:57 PM
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Originally Posted by Quartz View Post
He doesn't have to release his tax returns and hasn't done it. Big whoop.

Correction. He does have to release them and he hasn’t done it.
  #52  
Old 05-23-2019, 06:30 PM
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Every major enterprise Trump has been involved in that gotten any kind of a close look has been just full to the brim of fraud and bad faith dealings. His casinos, his family's real estate holdings, his campaign, his university, his charitable foundation.

So: fraud. Mountains and mountains of fraud. Likely some of which is within the statute of limitations.
  #53  
Old 05-24-2019, 10:42 PM
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There's nothing in them. Refusing to release them keeps everyone focused on them and not looking into things that might actually be actionable.

Does anyone here really believe teams of agents hasn't already been over his returns a dozen times without drawing up audit summons if there was something there?
  #54  
Old 05-25-2019, 08:45 AM
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Remember Romney saying he guaranteed Trump would never release those tax returns. I have no idea what's in there, but he is desperate to hide it, that's for sure.

I love thinking about how he must be losing his mind and screaming at aides to figure out some way to block New York State from releasing them to Democrats in Congress. "I'm president! Send the Army in to Albany!!"
  #55  
Old 05-28-2019, 12:49 PM
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Does anyone here really believe teams of agents hasn't already been over his returns a dozen times without drawing up audit summons if there was something there?
There's probably nothing that is self-contained proof of fraud. Generally, the way you find fraud is not that a single document is self-evidently fraudulent, but that a collection of documents make different legally binding statements that aren't consistent with each other.

I think that teams of agents are not going to find everything, because tax records alone are insufficient. Like, there's no "money laundering" line item on the tax return, so it's not like there's going to be a smoking gun in the tax returns themselves. There are also obvious issues with having part of the executive branch of the US government investigate its head. Give them to investigative journalists, though, and you'll get a lot more.

This is one of the primary arguments in favor of making tax returns public.

Quote:
Originally Posted by the article
Journalists soon began to note the curious absence of some conspicuously wealthy people from the lists of top taxpayers.
...
In Norway, where tax records have been public since the founding of the modern state in 1814, a newspaper put the records online in 2001. One study estimated that the recordsí greater availability caused a 3.1 percent increase in the reported incomes of self-employed Norwegians over the next three years, perhaps because they feared exposure.
  #56  
Old 05-28-2019, 05:20 PM
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The other thing that might be there, that wouldn't involve any lawbreaking at all but would humiliate Trump, is evidence that he's not a billionaire and/or not a successful businessman. Assets are not directly declared on tax returns, but if you have thirty years of anemic or negative income, you're either not really a billionaire or you're a billionaire who can't seem to figure out how to use your money to make more money, at least compared to your peers.
  #57  
Old 05-28-2019, 08:17 PM
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The other thing that might be there, that wouldn't involve any lawbreaking at all but would humiliate Trump, is evidence that he's not a billionaire and/or not a successful businessman. Assets are not directly declared on tax returns, but if you have thirty years of anemic or negative income, you're either not really a billionaire or you're a billionaire who can't seem to figure out how to use your money to make more money, at least compared to your peers.
This is probably what he is most concerned about. He's too stupid to understand that he's basically been a crook for his entire life. And a poor one at that.
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