21 Questions for Trump

Discussion in 'Elections & Campaigns' started by georgephillip, Aug 19, 2015.

  1. georgephillip

    georgephillip Well-Known Member Past Donor

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    David K Johnston claims to have spent decades covering Donald Trump, and he's confused why any conservative would support the billionaire for president.
    "I have covered Donald Trump off and on for 27 years — including breaking the story that in 1990, when he claimed to be worth $3 billion but could not pay interest on loans coming due, his bankers put his net worth at minus $295 million. And so I have closely watched what Trump does and what government documents reveal about his conduct..."

    Question 20 on Johnston's list involves Trump the taxpayer:
    "20. Public records (cited in my book Temples of Chance) show that as your career took off, you legally reported a negative income and paid no income taxes as summarized below:

    1975
    Income: $76,210
    Tax Paid: $18,714

    1976
    Income: $24,594
    Tax Paid: $10,8321977

    1977
    Income: $118,530
    Tax Paid: $42,386

    1978
    Income: ($406,379)
    Tax Paid: $0

    1979
    Income: ($3,443,560)
    Tax Paid: $0

    "Will you release your tax returns? And if not, why not?"

    http://www.alternet.org/21-questions-donald-trump
     
  2. NothingSacred

    NothingSacred Active Member

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    LOL! If Trump released his tax returns, he could just admit that he manipulated the system and his popularity would rise, because everybody roots against the IRS.
     
  3. georgephillip

    georgephillip Well-Known Member Past Donor

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    Go figure.
    The following is from an answer Johnston supplied this morning to a question posed by Amy Goodman about Trumps taxes

    "...Donald, in all likelihood, despite claiming a $400 million annual income, probably doesn’t pay any income taxes, because there’s a special provision in federal tax law that if you’re a real estate developer or operator, and your losses, your paper losses for the depreciating value of your buildings, which are really going up in value, exceed your other income, you can live tax-free. And I have three years of Donald’s tax returns from the late ’70s, early ’80s that show large negative income and no federal income tax."
    http://www.democracynow.org/2015/8/19/david_cay_johnston_21_questions_for
    I suspect the only way Trump's Chumps will turn on him is if he ever apologizes for anything he says.
     

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