Trumps tax returns show he paid NO taxes in 2020, committee says

Discussion in 'Current Events' started by MJ Davies, Dec 21, 2022.

  1. MJ Davies

    MJ Davies Well-Known Member

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    Image7.jpg
    https://abcnews.go.com/Politics/tru...sed-congressional-committee/story?id=95599017

    Many of us already knew he was a liar and cheat but now we have it in black and white that he's a tax fraud among all of his piss poor characteristics.

    Mnuchin lied to Congress to cover Trump's "creative dodges" to avoid his marks/victims from knowing that he's really, really awful with money management. (Hint: one more reason he doesn't need to be near ours again).

    Even if his mom became disappointed. We could have been spared a insurrection with attempted assassinations and a money grubbing sell out that got paid to work for our enemies if only she had access to a safe abortion

    Image6.jpg

    I have no doubt this will make some send him $ because they know he's really "poor". I've written off everybody standing with him after January 6, 2021 and more after apologists for treason).

    "America First" makes more sense if you replace with "My, Myself, I and my wallet only."

    This is a sad day in our history. For the first time since our nation's birth, we've had a traitor at the top whose only objective was enriching himself by forming alliances with our enemies to sell us out.

    /smdh
     
  2. Independent4ever

    Independent4ever Well-Known Member

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    Paying zero taxes does not make you a tax fraud
    Taking advantage of tax laws that have repeatedly been changed to benefit the wealthy is not illegal, just shows the corruption of the congress
    Has any anything specifically fraudulent been proven?
     
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  3. Sage3030

    Sage3030 Well-Known Member

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    4.8 million dollar loss and paid no tax.
     
  4. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Luckily for Amerca:
    That Traitorous Trump Stain LOST in 2020...
     
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  5. Steve N

    Steve N Well-Known Member Past Donor

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    Who cares? I mean, really, who cares? Below is a list of companies which paid no federal taxes in 2020. Kinda hard to believe Nike didn't pay any federal taxes at all.

    55 Profitable Companies That Avoided All Federal Income Taxes in 2020
    Sort alphabetical, by profit, tax, rate or industry
    Figures in millions of dollars

    Company Name U.S. Pre-Tax Income Current Federal Income Tax Effective Tax Rate Industry
    Advanced Micro Devices $1,208.00 - 0.0% Computers, office equip, software, data
    Akamai Technologies $40.00 $−2.00 −4.4% Computers, office equip, software, data
    Albemarle $42.00 $0.00 −0.3% Chemicals
    American Electric Power $2,163.00 $−138.00 −6.4% Utilities, gas and electric
    Archer Daniels Midland $438.00 $−164.00 −37.4% Food & beverages & tobacco
    Ball $193.00 $−33.00 −17.1% Miscellaneous manufacturing
    Booz Allen Hamilton Holding $561.00 $−3.00 −0.5% Computers, office equip, software, data
    Cabot Oil & Gas $240.00 $−32.00 −13.2% Oil, gas & pipelines
    Charter Communications $3,680.00 $−7.00 −0.2% Telecommunications
    CMS Energy $885.00 $−35.00 −4.0% Utilities, gas and electric
    Community Health Systems $323.00 $−1.00 −0.3% Health care
    Consolidated Edison $1,227.00 $−2.00 −0.2% Utilities, gas and electric
    Danaher $1,583.00 $−321.00 −20.3% Miscellaneous manufacturing
    Dexcom $265.00 $0.00 0.0% Pharmaceuticals & medical products
    Dish Network $2,532.00 $−231.00 −9.1% Telecommunications
    DTE Energy $1,531.00 $−247.00 −16.1% Utilities, gas and electric
    Duke Energy $826.00 $−281.00 −34.0% Utilities, gas and electric
    Ecolab $95.00 $−50.00 −52.6% Chemicals
    Evergy $722.00 $−27.00 −3.7% Utilities, gas and electric
    FedEx $1,218.00 $−230.00 −18.9% Miscellaneous services
    FirstEnergy $1,108.00 $−14.00 −1.3% Utilities, gas and electric
    Fiserv $1,100.00 $−25.00 −2.3% Financial data services
    Hologic $887.00 $−62.00 −7.0% Health care
    Howmet Aerospace $86.00 $−2.00 −2.3% Miscellaneous manufacturing
    HP $861.00 $−24.00 −2.8% Computers, office equip, software, data
    Interpublic Group $284.00 $−53.00 −18.5% Miscellaneous services
    Jacobs Engineering Group $213.00 $−37.00 −17.4% Engineering & construction
    Kansas City Southern $327.00 $−2.00 −0.6% Transportation
    Kinder Morgan $654.00 $−20.00 −3.1% Oil, gas & pipelines
    Lincoln National $423.00 $−61.00 −14.4% Financial
    Michaels $322.00 $−11.00 −3.5% Retail & wholesale trade
    Mohawk Industries $87.00 $−34.00 −38.9% Miscellaneous manufacturing
    Nike $2,873.00 $−109.00 −3.8% Miscellaneous manufacturing
    Nucor $1,220.00 $−177.00 −14.5% Metals & metal products
    Owens & Minor $74.00 $−4.00 −6.0% Retail & wholesale trade
    Penske Automotive Group $505.00 $−78.00 −15.5% Motor vehicles and parts
    PPL $878.00 $−9.00 −1.0% Utilities, gas and electric
    Qurate Retail Group $687.00 $−8.00 −1.2% Internet services & retailing
    Salesforce.com $2,630.00 $−12.00 −0.5% Computers, office equip, software, data
    Sanmina-SCI $95.00 $−1.00 −1.0% Computers, office equip, software, data
    Seaboard $136.00 $−50.00 −36.8% Food & beverages & tobacco
    Sealed Air $323.00 $−14.00 −4.4% Miscellaneous manufacturing
    Telephone & Data Systems $284.00 $−175.00 −61.6% Telecommunications
    Textron $278.00 $−1.00 −0.4% Aerospace & defense
    Treehouse Foods $8.00 $−96.00 −1,167.1% Food, beverages, tobacco
    Tutor Perini $96.00 $−36.00 −37.7% Engineering & construction
    Tyler Technologies $176.00 $−11.00 −6.0% Computers, office equip, software, data
    UGI $420.00 $−85.00 −20.2% Utilities, gas and electric
    Unum Group $923.00 $−98.00 −10.7% Financial
    Verisign $447.00 $−124.00 −27.7% Computers, office equip, software, data
    Voya Financial $195.00 $−9.00 −4.6% Financial
    Westlake Chemical $227.00 $−208.00 −91.6% Chemicals
    Williams $278.00 $−29.00 −10.4% Oil, gas & pipelines
    Xcel Energy $1,465.00 $−13.00 −0.9% Utilities, gas and electric
    Xilinx $140.00 $−2.00 −1.5% Computers, office equip, software, data

    https://itep.org/55-profitable-corporations-zero-corporate-tax/
     
  6. Steve N

    Steve N Well-Known Member Past Donor

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    Yep, libs have their open borders, inflation, still no baby formula, crime out the ass, high gas prices, stock market tanking, but hey, they have their drug like addiction to hating Trump which justifies all the misery people are going through.
     
  7. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Really?:bored:
    The Only "Input" is Egregious "Whataboutism" (which insults the Collective Intelligence of the Entire Forum)? Wow...:smdh:
    Btw:
    How Many of those "55 Companies" served as U.S. President?
    I must've missed that..:bored:

    Thanks again for a Sterling Example of an Epically-FAILED Post!:bored::smdh:
     
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  8. cd8ed

    cd8ed Well-Known Member Past Donor

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    Notice how he only made a profit once he was in office?
    upload_2022-12-21_20-21-44.jpeg
     
  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    we have toilet paper now that T&P are out of the white house
     
  10. Steve N

    Steve N Well-Known Member Past Donor

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    I’ll tell you what I notice. I noticed that billionaires with an army of accountants can play by the existing tax rules and not pay taxes while democrats want to hire 87,000 armed IRS tax agents to squeeze every dime out of us.

    Why is this even a story?*


    *I forgot, the obsession libs have with Trump is akin to only their obsession with racism, global warming and grooming.
     
  11. Steve N

    Steve N Well-Known Member Past Donor

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    AJ, as much as I love your witty humor, unique writing style and keen attention to what people post on this board, I’ve yet to see you call out a whataboutism in all the thousands of posts where no matter what the subject a few obsessed posters always whataboutism about Trump. I’m sure, now that it’s been pointed out, you’ll be all over it like Biden on an eight year old.
     
  12. BuckyBadger

    BuckyBadger Well-Known Member

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    Well, he sort of paid taxes. All of his businesses were federal/state taxes and employee taxes.
     
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  13. MJ Davies

    MJ Davies Well-Known Member

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    Alert: It's not looking good. It's all ketchup, tears on MyPillows and him in the fetal position. He's going to need a minute to collect himself and go on his usual 50 post rants.

    We always ran credit reports for prospective new hires when I consulted for financial management companies. People don't know that applying for a position involving money usually involves private detectives following them and a current credit check. So, if Rs weren't so destructive, they would have have heeded Graham's and Hillary's warning about nominating him. If he can't handle his money why would anyone trust him to handle ours? Makes no sense to me.

    He's a loser at everything he does. How on Earth can a person inherit all that money and throw a hand grenade? Can't get anbody to marry him without a financial contract, every former POTUS hates him and he's hated around the world except for the places where he's been selling us out.

    PS: The emperor has no clothes. Best Christmas every! And, to piss off the pearl clutchers... Happy Holidays! ;-)
     
  14. cd8ed

    cd8ed Well-Known Member Past Donor

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    Why is it a story? The very wealthy are skirting their taxes through loopholes and the taxes they do owe are unable to be collected or investigated because the IRS was underfunded.

    Do you get a trophy or at least a signed thank you for defending dear leader anytime speaks ill of him? I bet you are going to be really upset if he gets arrested (everyone will be talking about that)
     
  15. George Bailey

    George Bailey Well-Known Member

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    Well, as long as he set aside 10% for the big guy...
     
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  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    so potentially bad deductions and charity claims, we will have to wait and see as nothing released or verified yet

    the bigger question is why the IRS did not audit him, are they underfunded?

    Trump was not audited the first two years of his Presidency like they are supposed too, why?
     
    Last edited: Dec 21, 2022
  17. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump mega tax cuts for the corps?

    [​IMG]
     
    Last edited: Dec 21, 2022
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  18. The Ant

    The Ant Well-Known Member

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    Surely they wouldn’t be petty about this…?

    81C93858-D896-4CB8-A873-0492AA3EC4A8.jpeg
     
  19. FreshAir

    FreshAir Well-Known Member Past Donor

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    from msnbc

    [​IMG]
     
    Last edited: Dec 21, 2022
  20. FreshAir

    FreshAir Well-Known Member Past Donor

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    Last edited: Dec 21, 2022
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  21. FreshAir

    FreshAir Well-Known Member Past Donor

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    Putin?
     
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  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    ah yes, corps sell tainted baby milk that has to be recalled and that is Biden's fault.... sure
     
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  23. cd8ed

    cd8ed Well-Known Member Past Donor

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    Maybe individual 1?
     
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  24. FreshAir

    FreshAir Well-Known Member Past Donor

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    well, we don't know who "individual 1" is... <wink> <wink>
     
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  25. mdrobster

    mdrobster Well-Known Member

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    This is not surprising news. Everyone knows Trump will game any financial ploy to enrich himself.

    His supporters fall for his obtuse comments about how smart he is regarding finances.
     
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