CNN: Trump’s Taxes Are A Big Nothingburger

For all the caterwauling by Democrats over the release of Trump’s taxes, it ended up being a big, big letdown for them. They thought that this would finally be the thing that put Trump behind bars. Or, at least embarrass Trump (can he be embarrassed?)

Opinion: Trump’s tax returns are much to do about nothings

Hallelujah! The House Ways and Means Committee has released former President Donald Trump’s tax returns from 2015 to 2020. If nothing else, this will – let us hope! – release me from being asked about the release of Trump’s tax returns, as I have been for over six years now.

There’s plenty we already knew. In 2020, the New York Times analyzed 20 years of Trump’s tax returns, including some of the ones released Friday. And earlier this month, the House Ways and Means Committee released two reports that found the Internal Revenue Service failed to audit Trump in the first two years of his presidency despite the IRS’ mandatory audit program for US presidents, and summarized in detail the top-line numbers for the full six years.

What we got from this latest data dump is thousands of pages of returns, exhibits, schedules and such. Dedicated accountants and journalists will pore over these documents and we are sure to see plenty of headlines like “Top 10 surprises in Trump’s tax returns” in the coming days and weeks.

But we have long known the basic story. Trump is a bad businessman who seems to lose money on everything from casinos to golf clubs, with steaks and vodka and even a so-called university in between. So the main reason he often pays so little, if any, in taxes, is that he often reports a loss. He also lost other people’s money and got big tax breaks for that.

If there was anything big in his returns it would be the primary headline. They even changed the headline on the front page to “The Real Outrage in Trump’s Taxes”, which is that The Rich aren’t paying their fair share or something. I really do not need to expound on the stupidity of this liberal HotTake, right?

The Washington Post still has no smoking guns, and coverage is dropped to way low, down into the Politics section. By Saturday night, the NY Times didn’t even have an article on it featured on the web front page. Same with the LA Times. Coverage is minimal at NBC, CBS, and ABC news. Cue sad faces. Maybe they’ll get him next time.

Did they ever consider that Trump was refusing to release his taxes was simply to mess with them?

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13 Responses to “CNN: Trump’s Taxes Are A Big Nothingburger”

  1. Donald Trump’s taxes weren’t prepared by him using TurboTax, but by real accountants, who pored over every receipt and every expense. Those accountants signed their names to his tax returns, and it was their licenses on the line if they had had done something illegal or fraudulent. Had Mr Trump committed any financial crimes, and the accountants tried to hide it, the accountants would be criminally liable. Anyone with any sense at all would have known and understood that, but, as we all know, a whole lot of liberals don’t have a lot of knowledge or understanding or sense. Even the (purportedly) smart ones have been so thoroughly consumed by Trump Derangement Syndrome that they have taken many stupid and silly judgements.

    • L.G.Brandon!, L.G.Brandon! says:

      There are no liberals left except on the right and we call them RINO’s. All the leftists have been taken over by communists who think that by calling themselves “democratic socialists” we won’t realize what they really are: despots.

      TDS is just an excuse we use to try and excuse the treason the left displays daily. We try and blame it on Trump. It ain’t his fault.

      The entire democrat party has been taken over by a cabal of radical anti American communists with the main goal of “fundamentally changing” the country we love. That’s treason and it’s already bearing fruit. Almost everything we see and hear are lies. That is SOP for communists. Then they tell everyone over and over we are a democracy. Boys can be girls. The shot is a “vaccine”. We “owe” the Ukraine as much money as the democrats can shovel over to Zzelinskyy to maintain his border while ours goes wide open and we are invaded.

      Ya know what’s wrong with “democracy” dowd? A lie doesn’t become truth, wrong doesn’t become right and evil doesn’t become good just because it’s accepted by a majority. Even if cock sucking commies like you are part of that majority.

    • Elwood P. Dowd says:

      Mr Dana is wrong. His Trump Abasement Syndrome keeps him from recognizing that Mr Trump has to sign his returns as well. You can argue that Mr Trump is a victim of dishonest accountants who wanted to keep him from paying millions in taxes but that seems unlikely. And no, his accountants did not pore over every receipt and expense, they rely on the client to supply them with information.

      Note that most working-class employees have taxes “confiscated” by the gubmint which greatly limits the opportunities to cheat. And the employer reports your earnings directly to the IRS!! Ah, but a stable genius like Teflon Don with his thousands of companies “reports” his income and deductions to the tax preparers and the gubmint!

      Anyone with any sense at all would have known and understood that, but, as we all know, a whole lot of conservatives don’t have a lot of knowledge or understanding or sense. Even the (purportedly) smart ones have been so thoroughly consumed by Trump Abasement Syndrome that they have taken many stupid and silly judgements.

      According to the IRS:

      “Evasion involves some affirmative act to evade or defeat a tax, or payment of tax. Examples of affirmative acts are deceit, subterfuge, camouflage, concealment, attempts to color or obscure events, or make things seem other than they are.

      Common evasion schemes include:

      Intentional understatement or omission of income;
      Claiming fictitious or improper deductions;
      False allocation of income;
      Improper claims, credits, or exemptions; and/or
      Concealment of assets.”

      Proving intent is very difficult but not impossible, and it must be proven in a court of law beyond a reasonable doubt.

      All that said, our system is set up to make it easy to monitor working stiffs and difficult to monitor the wealthy. Funny how it works out that way! (It’s perhaps a coincidence that our elected officials are mostly wealthy). It’s also nearly impossible to prove a criminal tax case – wealthy celebrity tax cheats like Willie Nelson, Steven Baldwin, Wesley Snipes, Lindsey Vonn, Martha Stewart, Darryl Strawberry, Pete Rose, Jesse Jackson Jr and wife, Al Capone, Leona “Only Little People Pay Taxes” Helmsley, Sen Tom Daschle, Ty “Beanie Baby” Warner, and hundreds of business tycoons etc, rarely go to prison. Organized gangsters and drug dealers are notorious for not paying taxes and often do hard time. But Snipes (black), Strawberry (black), Rose (idiot), Jackson and his wife (black), Capone (murderer), Helmsley (woman idiot) did spend time in jail. Trump won’t. He’ll pay millions in fines and back taxes that he owes. The IRS has neither the resources nor the stomach to go after an ex-pres with such a complicated case.

      • Dana says:

        The distinguished Mr Dowd wrote:

        He’ll pay millions in fines and back taxes that he owes.

        No one has yet proved that he owes any back taxes.

        • Professor Hale says:

          Jeff keeps going on about the tax returns as if they are still a mystery. They have been publicly released. Read them for yourself. Speculation is no longer needed.

          • Elwood P. Dowd says:

            Nutty Perfesser Hate suffers from tAS (tRump Abasement Syndrome). tRump hid and lied about his tax returns because of embarrassment or tax fraud. Further, it’s an indictment of both the IRS and the US system of taxation, more than an indictment of tRump. We have a multi-billionaire globalist who pays little in US taxes even though he and his family rely on millions of $ in federal protections, airports, highways, clean water and clean air paid for by gullible working schmucks. Embarrassing indeed.

            The “world’s greatest* businessman” who loses 10s of millions of $ year after year? A US president who receives millions from foreign entities but refuses to reveal the sources?

            ——————-
            *Credit where credit is due. Don may be the world’s greatest self-promoter! Up and beyond Kardashians, Shaq, Paris Hilton, Rupaul, Bezos, Lindsey Graham, Rush, Zelenskyy, Muhammad Ali and Jesse Jackson.

          • Professor Hale says:

            All I said was the tax returns are now public, so go read them yourself. How does that make me a Trump supporter or “nutty”? You no longer need to speculate about the taxes he paid, sources of income, or any of your other wild accusations. The documents are public. Go read them and then get back to us.

  2. Elwood P. Dowd says:

    Lucifer,

    Like L’Roy, you are full of shit and stupid. Most of what you repeat as truth is actually untrue. For example, President Zelenskyy faces a more significant “border” problem than we do. Venezuelan refugees are not firing missiles at us. Passing laws you don’t like is not treason. Others saying things you disagree with is not treason. Attempting to overthrow a legitimately elected US government IS TREASON.

    You have DDS, Democrat Derangement Syndrome.

  3. Jl says:

    Only the NYT or the WP could have a header like “Trump kept tax burden to a minimum”. Thank you, NYT, for that major journalistic scoop….Tomorrow’s will be ”Trump has failed to pay for 6 years of living rent-free in our heads!….”

  4. L.G.Brandon!, L.G.Brandon! says:

    So Nazi boy spent years here with his mantra to get Trump’s taxes which he knows is illegal to make public but as usual laws only apply to us not them and now that he got them, so what? Trump paid his taxes. He paid all his taxes. Plus, unlike the greedy little leftists gave millions to charity. Plus didn’t take his presidential salary while in office.

    So as usual instead of apologizing and saying he is wrong, wrong, wrong dowd (or should I use keene now?) decides to invent imaginary problems with Jarred and Ivanka. Typical commie move. Go for the family, mak’em suffer.

    We accept your apology dowd even though you aren’t man enough to offer it. Liars seldom admit their lies just look at that slob Fauci.

    You commies are made by a giant immoral and fat cookie cutter. You never had an original thought in your lives.

    • Professor Hale says:

      Liars seldom admit their lies…

      LG, he can’t admit it because his handlers haven’t told him to admit it. Democratic party activists are on a tight leash.

    • Elwood P. Dowd says:

      Other serious presidential candidates have voluntarily made theirs public for decades.

      According to the Supreme Court it was not illegal to release the tax returns.

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