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#22
posted to rec.boats
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Deadbeats have no right
On Wed, 3 Oct 2018 18:09:44 -0400, Keyser Soze wrote:
On 10/3/18 5:29 PM, amdx wrote: On 10/3/2018 6:12 AM, John H. wrote: On Tue, 2 Oct 2018 20:11:38 -0400, Keyser Soze wrote: On 10/2/18 6:34 PM, justan wrote: To determine what happens or doesn't happen on public property. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show. Shame on them for following the law. Gosh, I circumvent paying taxes by contributing to charity. Shame on me for taking the deduction! Â*I wasn't sure about the context of the original post, but now I see it was a hate on Trump. Who doesn't take every legal advantage of the tax code available? The NY Times article isn't really about "legal." It's about illegal. It may be unethical but if it was "illegal" the IRS would have been all over their ass. Rich people really do not want you to see their tax return. You notice Kerry released his return but he did not release his wife's. All he had to report was the W-2 from the senate and a few small investments. |
#23
posted to rec.boats
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Deadbeats have no right
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#24
posted to rec.boats
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Deadbeats have no right
On Wed, 3 Oct 2018 19:51:18 -0400, Alex wrote:
John H. wrote: On Tue, 2 Oct 2018 20:11:38 -0400, Keyser Soze wrote: On 10/2/18 6:34 PM, justan wrote: To determine what happens or doesn't happen on public property. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show. Shame on them for following the law. Gosh, I circumvent paying taxes by contributing to charity. Shame on me for taking the deduction! Ditto. $7K last year. I have taken the standard deduction for at least 20 years, probably more like 24 when I paid off the mortgage on the condo. Every time the IRS has had a problem with my return, they ended up giving me money. I didn't claim enough. |
#25
posted to rec.boats
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Deadbeats have no right
On 10/3/18 7:59 PM, wrote:
On Wed, 03 Oct 2018 16:40:51 -0400, John H. wrote: On Wed, 03 Oct 2018 11:08:55 -0400, wrote: On Wed, 03 Oct 2018 07:12:21 -0400, John H. wrote: On Tue, 2 Oct 2018 20:11:38 -0400, Keyser Soze wrote: On 10/2/18 6:34 PM, justan wrote: To determine what happens or doesn't happen on public property. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show. Shame on them for following the law. Gosh, I circumvent paying taxes by contributing to charity. Shame on me for taking the deduction! Harry would say you are establishing religion. I'll admit some goes to religion, but most goes elsewhere. The reality is religious organizations as a rule return more of their contributions to the charity they support than the normal 501(C)(3) that we hear about (Red Cross, United Way etc) Their "directors" are not making 6 figure salaries. Folks like Harry would rather promote egregious greed than admit someone was promoting God And there you go, offering up another example of one the reasons why I don't think it worthwhile to engage in "debate" with you. You have no idea what I would "rather promote." I suspect churches spend more on promoting and paying themselves, their superstitions, their staffs, and their building funds than they do on pure charitable donations. Realistically, they consider themselves their own best charitable donation. We have a surprisingly large number of what might be called "mega-churches" around here, churches with fairly new or brand new huge fortresses of buildings, with large staffs, highly paid ministers, assistants, cars, even airplanes for the ministers. It takes a lot of money to support that sort of largess. It is unclear what real charities...helping the poor, those in need of shelter, medical care, the necessities of life, as it were...these organizations support. One thing most of them do, though, is pay for "missions" to search and bring in converts. Just the other day, I drove past a fundie church whose minister and some of its acolytes who were busy setting up their anti-abortion display to attract attention during the upcoming elections. I'm not aware of what that church does to support the unwanted children who result from their efforts. And, once again, though you never seem to "get it," I don't care what churches do, so long as they keep their superstitions to themselves and don't try to force in any way their beliefs on others who believe differently or not at all. |
#26
posted to rec.boats
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Deadbeats have no right
On Wed, 3 Oct 2018 20:17:05 -0400, Keyser Soze wrote:
On 10/3/18 8:04 PM, wrote: On Wed, 3 Oct 2018 18:09:44 -0400, Keyser Soze wrote: On 10/3/18 5:29 PM, amdx wrote: On 10/3/2018 6:12 AM, John H. wrote: On Tue, 2 Oct 2018 20:11:38 -0400, Keyser Soze wrote: On 10/2/18 6:34 PM, justan wrote: To determine what happens or doesn't happen on public property. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show. Shame on them for following the law. Gosh, I circumvent paying taxes by contributing to charity. Shame on me for taking the deduction! Â*I wasn't sure about the context of the original post, but now I see it was a hate on Trump. Who doesn't take every legal advantage of the tax code available? The NY Times article isn't really about "legal." It's about illegal. It may be unethical but if it was "illegal" the IRS would have been all over their ass. The reports I've seen indicate otherwise, in the IRS all over the Trumps' ass. He gets audited every year if that is what you mean but I have not heard much about judgements against him. You aren't serious about saying the IRS is suddenly interested in things that happened in the 1950s, 60s and 70s (that this article describes) are you? |
#27
posted to rec.boats
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Deadbeats have no right
On Wed, 3 Oct 2018 20:37:15 -0400, Keyser Soze wrote:
On 10/3/18 7:59 PM, wrote: On Wed, 03 Oct 2018 16:40:51 -0400, John H. wrote: On Wed, 03 Oct 2018 11:08:55 -0400, wrote: On Wed, 03 Oct 2018 07:12:21 -0400, John H. wrote: On Tue, 2 Oct 2018 20:11:38 -0400, Keyser Soze wrote: On 10/2/18 6:34 PM, justan wrote: To determine what happens or doesn't happen on public property. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show. Shame on them for following the law. Gosh, I circumvent paying taxes by contributing to charity. Shame on me for taking the deduction! Harry would say you are establishing religion. I'll admit some goes to religion, but most goes elsewhere. The reality is religious organizations as a rule return more of their contributions to the charity they support than the normal 501(C)(3) that we hear about (Red Cross, United Way etc) Their "directors" are not making 6 figure salaries. Folks like Harry would rather promote egregious greed than admit someone was promoting God And there you go, offering up another example of one the reasons why I don't think it worthwhile to engage in "debate" with you. You have no idea what I would "rather promote." I suspect churches spend more on promoting and paying themselves, their superstitions, their staffs, and their building funds than they do on pure charitable donations. Realistically, they consider themselves their own best charitable donation. We have a surprisingly large number of what might be called "mega-churches" around here, churches with fairly new or brand new huge fortresses of buildings, with large staffs, highly paid ministers, assistants, cars, even airplanes for the ministers. It takes a lot of money to support that sort of largess. It is unclear what real charities...helping the poor, those in need of shelter, medical care, the necessities of life, as it were...these organizations support. One thing most of them do, though, is pay for "missions" to search and bring in converts. Just the other day, I drove past a fundie church whose minister and some of its acolytes who were busy setting up their anti-abortion display to attract attention during the upcoming elections. I'm not aware of what that church does to support the unwanted children who result from their efforts. And, once again, though you never seem to "get it," I don't care what churches do, so long as they keep their superstitions to themselves and don't try to force in any way their beliefs on others who believe differently or not at all. Nice diversion into your atheism but you did not address my statement. I still say religious charities send more money, as a percentage of their contributions, to the needy than most 501(C)(3)s like United way. I am not talking about TV preachers here. I am talking about churches like Tim's. The reason is simple. Tim's pastor is not making $1.2 million like United Way CEO Brian A. Gallagher and most of the actual workers are volunteers. |
#28
posted to rec.boats
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Deadbeats have no right
wrote:
On Wed, 3 Oct 2018 20:17:05 -0400, Keyser Soze wrote: On 10/3/18 8:04 PM, wrote: On Wed, 3 Oct 2018 18:09:44 -0400, Keyser Soze wrote: On 10/3/18 5:29 PM, amdx wrote: On 10/3/2018 6:12 AM, John H. wrote: On Tue, 2 Oct 2018 20:11:38 -0400, Keyser Soze wrote: On 10/2/18 6:34 PM, justan wrote: To determine what happens or doesn't happen on public property. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show. Shame on them for following the law. Gosh, I circumvent paying taxes by contributing to charity. Shame on me for taking the deduction! Â*I wasn't sure about the context of the original post, but now I see it was a hate on Trump. Who doesn't take every legal advantage of the tax code available? The NY Times article isn't really about "legal." It's about illegal. It may be unethical but if it was "illegal" the IRS would have been all over their ass. The reports I've seen indicate otherwise, in the IRS all over the Trumps' ass. He gets audited every year if that is what you mean but I have not heard much about judgements against him. You aren't serious about saying the IRS is suddenly interested in things that happened in the 1950s, 60s and 70s (that this article describes) are you? Never said or implied that, Mr. Debater. -- Posted with my iPhone 8+. |
#29
posted to rec.boats
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Deadbeats have no right
On Wednesday, October 3, 2018 at 9:26:15 PM UTC-4, Keyser Söze wrote:
wrote: On Wed, 3 Oct 2018 20:17:05 -0400, Keyser Soze wrote: On 10/3/18 8:04 PM, wrote: On Wed, 3 Oct 2018 18:09:44 -0400, Keyser Soze wrote: On 10/3/18 5:29 PM, amdx wrote: On 10/3/2018 6:12 AM, John H. wrote: On Tue, 2 Oct 2018 20:11:38 -0400, Keyser Soze wrote: On 10/2/18 6:34 PM, justan wrote: To determine what happens or doesn't happen on public property. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help. But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day.. Much of this money came to Mr. Trump because he helped his parents dodge taxes. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Records indicate that Mr. Trump helped his father take improper tax deductions worth millions more. He also helped formulate a strategy to undervalue his parents’ real estate holdings by hundreds of millions of dollars on tax returns, sharply reducing the tax bill when those properties were transferred to him and his siblings. These maneuvers met with little resistance from the Internal Revenue Service, The Times found. The president’s parents, Fred and Mary Trump, transferred well over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances. The Trumps paid a total of $52.2 million, or about 5 percent, tax records show. Shame on them for following the law. Gosh, I circumvent paying taxes by contributing to charity. Shame on me for taking the deduction! Â*I wasn't sure about the context of the original post, but now I see it was a hate on Trump. Who doesn't take every legal advantage of the tax code available? The NY Times article isn't really about "legal." It's about illegal. It may be unethical but if it was "illegal" the IRS would have been all over their ass. The reports I've seen indicate otherwise, in the IRS all over the Trumps' ass. He gets audited every year if that is what you mean but I have not heard much about judgements against him. You aren't serious about saying the IRS is suddenly interested in things that happened in the 1950s, 60s and 70s (that this article describes) are you? Never said or implied that, Mr. Debater. That's why you lose every time. Mr. Dementia Debater. |
#30
posted to rec.boats
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Deadbeats have no right
On Wed, 3 Oct 2018 21:26:13 -0400, Keyser Söze wrote:
The reports I've seen indicate otherwise, in the IRS all over the Trumps' ass. He gets audited every year if that is what you mean but I have not heard much about judgements against him. You aren't serious about saying the IRS is suddenly interested in things that happened in the 1950s, 60s and 70s (that this article describes) are you? Never said or implied that, Mr. Debater. Well then mr professional writer what is "the IRS all over the Trumps' ass." supposed to imply? |
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