Wednesday, January 11, 2017

Trump's Press Conference


Donald Trump says no one cares about his tax returns.  He's wrong.
Donald Trump says we would learn more about his finances from the financial disclosure forms he was required to file than from his tax returns.  He's wrong about that too.

So what can we learn from his tax returns that we cannot learn from his financial disclosures?

We can learn if he actually paid ANY income tax in a given year.  As an employer he may have paid payroll taxes, unemployment taxes and the like; but those taxes are not based on his income.  His tax returns will tell us if he paid any taxes on any income.

We can learn how much money he donated to charities and which charities he supported.  That information isn't in his financial disclosure forms.  We can see proof positive of what we already know from the tax returns from his private foundation; that he has not donated a single dollar of his own money to his private foundation since 2008.

We can see the specific net income/loss from each of the S-Corporations he owns, and see if he's as tremendous a businessman as he claims to be.

When the Clintons released their tax returns, I was able to learn that they'd claimed $1.7 million in expenses for over $7 million in income earned in India.  We still don't know where that income came from in that foreign nation.

There is information in the Trump tax returns that is not in his financial disclosure forms and he knows it.  He doesn't want us to know it.

If you agree, sign the petition.