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2016 Postmortem

In reply to the discussion: Trump's taxes [View all]
 

paigeatemyshoes

(25 posts)
13. All it would reveal is he never pays any
Sat Dec 3, 2016, 07:40 PM
Dec 2016

Trump is sort of right when he says you don't learn a lot based on someone's tax returns.

The one thing you do learn is how much tax they pay. Trump boasted that he paid as little tax as he possibly could and it didn't seem to bother his supporters. The average common man can relate to that, but I'm sure they are also unaware of the lengths the ultra wealthy go to to hide their money.

Did you know that really rich people buy major pre-paid life insurance policies that are then tax free to the beneficiaries thereby eliminating the so called death tax? So when our candidates endorse a 65% death tax (on people who leave their relatives 5M+) we take a political hit for a position that accomplishes nothing.

I wish the IRS would have dropped the audit and announced it publically in mid october that trump was no longer under any audit. Then he would have been forced to release all of them.

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