|
Now that we have a new thread, in order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a complete and thorough read before posting! NOTE: When providing a source, please provide a very brief summary on what it's about and what purpose it adds to the discussion. The supporting statement should clearly explain why the subject is relevant and needs to be discussed. Please follow this rule especially for tweets.
Your supporting statement should always come BEFORE you provide the source.If you have any questions, comments, concern, or feedback regarding the USPMT, then please use this thread: http://www.teamliquid.net/forum/website-feedback/510156-us-politics-thread |
On October 21 2020 22:01 schaf wrote:Show nested quote +On October 21 2020 20:45 Simberto wrote:On October 21 2020 13:38 Batmankills wrote:On October 21 2020 13:24 Nevuk wrote:
The Trump campaign has also blown through a billion dollars somehow, and have almost no cash on hand.
Oh, and Frank Luntz (famous GOP pollster who came up with the name "Death Tax" for estate tax) also thinks this is the worst campaign he's ever seen.
It amuses me how a campaign can just burn 1 billion dollars on just an election campaign. Seeing those numbers, i wonder how a campaign that just spend that money on something useful instead would fare. Like, a candidate simply saying "I got this money for my campaign, but i am going to use it to feed homeless people. Or build a particle accelerator. Or pay for poor peoples college tuition." Would such a person have a chance to get elected? Wouldn't such a person be sued by their donors for misusing the campaign funds?
Can't you almost always claim that the thing will help you get elected by building goodwill or something like that?
|
On October 21 2020 21:37 Stratos_speAr wrote:Show nested quote +On October 21 2020 13:00 Danglars wrote:On October 21 2020 12:23 IyMoon wrote:On October 21 2020 11:41 Doodsmack wrote: CBS is now reporting the same thing as fox actually.
Looks like a pattern is emerging.
The report that Hunter worked for a company 3 years before Biden did something for them... and mentions how that company is a huge one in Delaware... Also how hunter didn't lobby for the company is also in the article. This seems like a pretty big flop my friend I'd also make someone give my kid work for 3 years at a specified rate of $100k a year before acting in their interest in my legislative capacity, if I had the position, morals, and desire wield that power. I'd like to remind people in this thread that all the alleged acts of corruption by Trump doesn't mean you can't fault Biden for engaging in corruption through his family and friends. Biden is a career politician. He was Senate for longer than half this thread has been alive on this earth. He was a legislator during the time laws were written that gave the rich ways to reduce their tax burden legally, and championed drug crime bills that created much of the incarceration problem in this country. Maybe he's still better than Trump for Trump's variety of faults, but it shouldn't elevate Biden simply on the winds of left-wing partisanship/tribalism. I'm pretty confident in saying that no one here likes Biden. In fact, the majority of us have told you that explicitly. Unfortunately, we lost in the primary and he's all that we have left to get rid of someone that is objectively the worst president in living memory (and probably in the history of the country).
I'd go further and say that Biden's setting himself up to be the 'cave-in' president of all time and is probably going to do more damage than good for progressive/liberal values even if they win the house and the senate. I'm fully expecting 4 years of Biden falling ass over backwards to please a republican leadership that will never actually compromise.
Having said that, voting for Trump is voting for another 4 years of heightened societal divisions, broken norms and another thousand scandals. It's another 4 years of the most powerful man in the world re-tweeting racist garbage, pouring gasoline in the fire and amplifying dumb conspiracy theories. Trump honestly makes me question my sanity. My wife and I have started saying that we've entered 'stupid universe' at some point in the last decade, where the most unimaginable/stupid thing will always be the outcome regardless of the seriousness of the situation.
|
|
|
On October 21 2020 23:28 JimmiC wrote:Show nested quote +On October 21 2020 22:45 EnDeR_ wrote:On October 21 2020 21:37 Stratos_speAr wrote:On October 21 2020 13:00 Danglars wrote:On October 21 2020 12:23 IyMoon wrote:The report that Hunter worked for a company 3 years before Biden did something for them... and mentions how that company is a huge one in Delaware... Also how hunter didn't lobby for the company is also in the article. This seems like a pretty big flop my friend I'd also make someone give my kid work for 3 years at a specified rate of $100k a year before acting in their interest in my legislative capacity, if I had the position, morals, and desire wield that power. I'd like to remind people in this thread that all the alleged acts of corruption by Trump doesn't mean you can't fault Biden for engaging in corruption through his family and friends. Biden is a career politician. He was Senate for longer than half this thread has been alive on this earth. He was a legislator during the time laws were written that gave the rich ways to reduce their tax burden legally, and championed drug crime bills that created much of the incarceration problem in this country. Maybe he's still better than Trump for Trump's variety of faults, but it shouldn't elevate Biden simply on the winds of left-wing partisanship/tribalism. I'm pretty confident in saying that no one here likes Biden. In fact, the majority of us have told you that explicitly. Unfortunately, we lost in the primary and he's all that we have left to get rid of someone that is objectively the worst president in living memory (and probably in the history of the country). I'd go further and say that Biden's setting himself up to be the 'cave-in' president of all time and is probably going to do more damage than good for progressive/liberal values even if they win the house and the senate. I'm fully expecting 4 years of Biden falling ass over backwards to please a republican leadership that will never actually compromise. Having said that, voting for Trump is voting for another 4 years of heightened societal divisions, broken norms and another thousand scandals. It's another 4 years of the most powerful man in the world re-tweeting racist garbage, pouring gasoline in the fire and amplifying dumb conspiracy theories. Trump honestly makes me question my sanity. My wife and I have started saying that we've entered 'stupid universe' at some point in the last decade, where the most unimaginable/stupid thing will always be the outcome regardless of the seriousness of the situation. I think most of Bidens 4 years will be filling all the jobs Trump left vacant and getting the government working again. And then other than that it will be dealing the economic fallout from covid, putting back the environmental protections Trump removed and the social unrest amplified by Trump.
And at the end of that, republicans will claim that he didn't repair enough of the stuff they broke.
|
On October 21 2020 22:15 iamthedave wrote:Show nested quote +On October 21 2020 17:34 EnDeR_ wrote: I would actually be surprised if Biden never met any of his son's associates. That's the price of nepotism.
Doodsmack, doesn't it make your blood boil that a billionaire only paid $750 in taxes for several years? I know it does mine. I'm 90% sure that the new and improved doodsmack doesn't care about any of Trump's misdeeds.
It's not a misdeed necessarily, I mean look at Amazon they paid $0 in taxes. Clearly they are gaming the system within the bounds of the law. As for Trump's 750, if I'm not mistaken the NYT article said he paid millions in advance, and the 750 was just the amount he paid at tax time to adjust things (similar to how you get a refund or owe some money at tax time but you had taxes withheld from your paychecks all year). If I'm right on that its another instance if media misinformation that the wider left has bought into uncritically.
|
On October 21 2020 14:41 Nevuk wrote:It's the digital age. If a story like it hasn't been verified within 24 hours, it never will be. It's been almost a week now. The only thing that could be verified by a reputable news org (Fox News in this case) was just a single one of the emails. Based on how hilariously fucking lazy and contrived this whole thing is, I wouldn't be surprised if every last one of the others was faked. Also, NYT is reporting Trump has a chinese bank account and paid 180$k in taxes while paying almost nothing to the US. So yes, there's just going to be more evidence of hypocrisy and corruption coming out about him now. Show nested quote +An analysis of Trump's tax records by the Times shows that the President holds a previously unreported bank account in China that was not included on his public financial disclosures because it is held under a corporate name. Trump also maintains bank accounts in Britain and Ireland. The Chinese account, the newspaper said, is controlled by Trump International Hotels Management and it paid $188,561 in taxes in the country from 2013 to 2015. While the tax records don't show how much money has moved through Trump's foreign accounts, the Internal Revenue Service mandates that filers disclose the portions of their incomes coming from foreign countries. Trump International Hotels Management reported only a few thousand dollars from China.
Trump Organization lawyer Alan Garten, who refused to name the Chinese bank that holds the account, told the Times in a statement that the Trump Organization "opened an account with a Chinese bank having offices in the United States in order to pay the local taxes" tied with its push to do business in the country. Garten specifically said the company had opened the account once an office was opened in China "to explore the potential for hotel deals in Asia." "No deals, transactions or other business activities ever materialized and, since 2015, the office has remained inactive," he told the newspaper. "Though the bank account remains open, it has never been used for any other purpose." While Trump has sought to paint Biden as weak on China throughout the general election, his own financial ties to the country stand in stark contrast with the former vice president, whose income tax returns and financial disclosures show no business dealings or income from China. The President's tax records show he has invested at least $192,000 in five companies established to pursue projects in China over multiple years, according to the Times. Since 2010, the companies have claimed at least $97,400 in expenses, the newspaper said.
The new details gleaned from Trump's tax records build on a previous New York Times report that detailed how the President paid no federal income taxes whatsoever in 10 out of 15 years beginning in 2000 because he reported losing significantly more than he made. In both the year he won the presidency and his first year in the White House, Trump paid just $750 in federal income taxes, the Times reported. https://www.cnn.com/2020/10/20/politics/trump-china-taxes-financial-records/index.htmlOriginal NYT article: https://www.nytimes.com/2020/10/20/us/trump-taxes-china.html?smid=tw-share
Your partisanship is quite evident in how quick you are to assume that trump having a bank account in China is evidence of corruption. Btw if this story is not picked up and independently verified by other outlets within 24 hours we should assume it to be false.
|
Yes I would say the left and their lack of critical thinking is going to have a lot to answer for once Trump is out of office. Literally every bad thing he has done in the last 5 years can be traced back, if you look carefully enough, to lack of critical thinking from the left.
|
On October 22 2020 00:00 Jockmcplop wrote: Yes I would say the left and their lack of critical thinking is going to have a lot to answer for once Trump is out of office. Literally every bad thing he has done in the last 5 years can be traced back, if you look carefully enough, to lack of critical thinking from the left.
Indeed. And everything good which happened during his term was directly his work.
|
On October 21 2020 23:55 Doodsmack wrote:Show nested quote +On October 21 2020 14:41 Nevuk wrote:It's the digital age. If a story like it hasn't been verified within 24 hours, it never will be. It's been almost a week now. The only thing that could be verified by a reputable news org (Fox News in this case) was just a single one of the emails. Based on how hilariously fucking lazy and contrived this whole thing is, I wouldn't be surprised if every last one of the others was faked. Also, NYT is reporting Trump has a chinese bank account and paid 180$k in taxes while paying almost nothing to the US. So yes, there's just going to be more evidence of hypocrisy and corruption coming out about him now. An analysis of Trump's tax records by the Times shows that the President holds a previously unreported bank account in China that was not included on his public financial disclosures because it is held under a corporate name. Trump also maintains bank accounts in Britain and Ireland. The Chinese account, the newspaper said, is controlled by Trump International Hotels Management and it paid $188,561 in taxes in the country from 2013 to 2015. While the tax records don't show how much money has moved through Trump's foreign accounts, the Internal Revenue Service mandates that filers disclose the portions of their incomes coming from foreign countries. Trump International Hotels Management reported only a few thousand dollars from China.
Trump Organization lawyer Alan Garten, who refused to name the Chinese bank that holds the account, told the Times in a statement that the Trump Organization "opened an account with a Chinese bank having offices in the United States in order to pay the local taxes" tied with its push to do business in the country. Garten specifically said the company had opened the account once an office was opened in China "to explore the potential for hotel deals in Asia." "No deals, transactions or other business activities ever materialized and, since 2015, the office has remained inactive," he told the newspaper. "Though the bank account remains open, it has never been used for any other purpose." While Trump has sought to paint Biden as weak on China throughout the general election, his own financial ties to the country stand in stark contrast with the former vice president, whose income tax returns and financial disclosures show no business dealings or income from China. The President's tax records show he has invested at least $192,000 in five companies established to pursue projects in China over multiple years, according to the Times. Since 2010, the companies have claimed at least $97,400 in expenses, the newspaper said.
The new details gleaned from Trump's tax records build on a previous New York Times report that detailed how the President paid no federal income taxes whatsoever in 10 out of 15 years beginning in 2000 because he reported losing significantly more than he made. In both the year he won the presidency and his first year in the White House, Trump paid just $750 in federal income taxes, the Times reported. https://www.cnn.com/2020/10/20/politics/trump-china-taxes-financial-records/index.htmlOriginal NYT article: https://www.nytimes.com/2020/10/20/us/trump-taxes-china.html?smid=tw-share Your partisanship is quite evident in how quick you are to assume that trump having a bank account in China is evidence of corruption. Btw if this story is not picked up and independently verified by other outlets within 24 hours we should assume it to be false. I hate democrats, but I hate authoritarians more (this is where you can differentiate me from GH : we agree economically on most things but have different priorities). Chomsky is the closest public figure to me, and even he's saying to vote democrat. GOP: you've lost the anarchists, who feel it immoral to vote, but even more immoral to support an authoritarian.
I didn't say it was proof of corruption. I said it was proof we were going to see more evidence of corruption before election day. The irony is that he's accusing Biden of being cozy with China while paying something like 400x more taxes to China than to the US.
Biden's also denying this stuff now, btw. In a local news interview :
“Wisconsin’s Republican Senator Ron Johnson put out a statement — on Homeland Security letterhead! — saying Hunter Biden, together with other Biden family members, profited off the Biden name,” Pedersen said, and asked “Is there any legitimacy to Senator Johnson’s claims?”
“None whatsoever!” an incensed Biden replied. “This is the same garbage Rudy Giuliani, Trump’s henchman, it’s a last-ditch effort in this desperate campaign to smear me and my family.” “Even the man who served with him on that committee, the former nominee for the Republican Party, said there’s no basis to this,” Biden said, referring to Utah Republican Sen. Mitt Romney. Romney denounced the committee’s probe in mid-September.
“And the vast majority of the intelligence people have come out and said there’s no basis at all,” Biden said, and concluded by adding “Ron should be ashamed of himself.”
https://www.mediaite.com/news/joe-biden-lashes-out-at-ron-johnson-and-trump-henchman-rudy-giuliani-over-hunter-biden-smears-should-be-ashamed/
Small news round up. Only 17% of Trump supporters who have heard of it are sure that QAnon isn't real. You know, the one about how democrats are running secret pedophile rings while worshipping satan. 50% believe it is either somewhat or fully true, and another 33% aren't sure. Granted, only 48% of his supporters have heard of it, but it's still startling. https://today.yougov.com/topics/politics/articles-reports/2020/10/20/half-trump-supporters-believe-qanon-theory-child-s
Trump has only donated 8$k to his own campaign this year. He donated 66$ million to his last campaign. https://www.politico.com/news/2020/10/21/trump-cash-woes-430691
Trump has been lashing out pre-emptively at Leslie Stahl, including posting pictures of her not wearing a mask, after he walked out of a 60 minutes interview that will air on 60 minutes on Sunday. Apparently he disliked her tone.
|
On October 22 2020 00:24 Nevuk wrote:
Trump has been lashing out pre-emptively at Leslie Stahl, including posting pictures of her not wearing a mask, after he walked out of a 60 minutes interview that will air on 60 minutes on Sunday. Apparently he disliked her tone.
I hope Stahl's private security are well armed.
|
On October 22 2020 00:27 Jockmcplop wrote:Show nested quote +On October 22 2020 00:24 Nevuk wrote:
Trump has been lashing out pre-emptively at Leslie Stahl, including posting pictures of her not wearing a mask, after he walked out of a 60 minutes interview that will air on 60 minutes on Sunday. Apparently he disliked her tone.
I hope Stahl's private security are well armed. Is that a Putin reference? Or a Khashoggi (sp)?
|
On October 22 2020 00:34 ZerOCoolSC2 wrote:Show nested quote +On October 22 2020 00:27 Jockmcplop wrote:On October 22 2020 00:24 Nevuk wrote:
Trump has been lashing out pre-emptively at Leslie Stahl, including posting pictures of her not wearing a mask, after he walked out of a 60 minutes interview that will air on 60 minutes on Sunday. Apparently he disliked her tone.
I hope Stahl's private security are well armed. Is that a Putin reference? Or a Khashoggi (sp)? Or the 2? far right plots to kidnap Democrats that got foiled recently.
|
On October 21 2020 23:52 Doodsmack wrote:Show nested quote +On October 21 2020 22:15 iamthedave wrote:On October 21 2020 17:34 EnDeR_ wrote: I would actually be surprised if Biden never met any of his son's associates. That's the price of nepotism.
Doodsmack, doesn't it make your blood boil that a billionaire only paid $750 in taxes for several years? I know it does mine. I'm 90% sure that the new and improved doodsmack doesn't care about any of Trump's misdeeds. It's not a misdeed necessarily, I mean look at Amazon they paid $0 in taxes. Clearly they are gaming the system within the bounds of the law. As for Trump's 750, if I'm not mistaken the NYT article said he paid millions in advance, and the 750 was just the amount he paid at tax time to adjust things (similar to how you get a refund or owe some money at tax time but you had taxes withheld from your paychecks all year). If I'm right on that its another instance if media misinformation that the wider left has bought into uncritically.
The fact that billionaires like Trump [he's on record saying he took advantage of the tax code, he said it makes him 'smart'] and megacorporations like Amazon game the system within the bounds of the law to pay effectively zero tax should make you angry. It shouldn't matter which way you lean politically, we all pay our fair share or the system goes to shit.
|
On October 21 2020 23:52 Doodsmack wrote:Show nested quote +On October 21 2020 22:15 iamthedave wrote:On October 21 2020 17:34 EnDeR_ wrote: I would actually be surprised if Biden never met any of his son's associates. That's the price of nepotism.
Doodsmack, doesn't it make your blood boil that a billionaire only paid $750 in taxes for several years? I know it does mine. I'm 90% sure that the new and improved doodsmack doesn't care about any of Trump's misdeeds. It's not a misdeed necessarily, I mean look at Amazon they paid $0 in taxes. Clearly they are gaming the system within the bounds of the law. As for Trump's 750, if I'm not mistaken the NYT article said he paid millions in advance, and the 750 was just the amount he paid at tax time to adjust things (similar to how you get a refund or owe some money at tax time but you had taxes withheld from your paychecks all year). If I'm right on that its another instance if media misinformation that the wider left has bought into uncritically.
And the number of people saying it's okay for Amazon to do that are... ?
|
On October 22 2020 00:34 ZerOCoolSC2 wrote:Show nested quote +On October 22 2020 00:27 Jockmcplop wrote:On October 22 2020 00:24 Nevuk wrote:
Trump has been lashing out pre-emptively at Leslie Stahl, including posting pictures of her not wearing a mask, after he walked out of a 60 minutes interview that will air on 60 minutes on Sunday. Apparently he disliked her tone.
I hope Stahl's private security are well armed. Is that a Putin reference? Or a Khashoggi (sp)? No, I don't think Trump would go after her, but QAnon probably have saved an important place in their theory for people who wrong Trump in some way, and they are some apocalyptically mental idiots with guns.
|
On October 22 2020 00:40 Jockmcplop wrote:Show nested quote +On October 22 2020 00:34 ZerOCoolSC2 wrote:On October 22 2020 00:27 Jockmcplop wrote:On October 22 2020 00:24 Nevuk wrote:
Trump has been lashing out pre-emptively at Leslie Stahl, including posting pictures of her not wearing a mask, after he walked out of a 60 minutes interview that will air on 60 minutes on Sunday. Apparently he disliked her tone.
I hope Stahl's private security are well armed. Is that a Putin reference? Or a Khashoggi (sp)? No, I don't think Trump would go after her, but QAnon probably have saved an important place in their theory for people who wrong Trump in some way, and they are some apocalyptically mental idiots with guns. Ah, somehow, the plot (what a laughable thing to call it) completely slipped my mind. I read Khashoggi's wife is suing and that the Russian Opp Leader is stable or something to that affect and it wiped the Michigan "plot" out of my head.
Thanks Gor and Jock.
|
I hate democrats, but I hate authoritarians more (this is where you can differentiate me from GH : we agree economically on most things but have different priorities). Don't think this is accurate but I don't have a very clear picture in my mind of your politics/priorities. Other than voting for Biden which I find to be emptyheaded in most cases I've encountered.
No one likes Biden, but if he wins I expect his voters/supporters to constantly make excuses for him and Democrats enacting less socially regressive Republican policy.
|
On October 22 2020 00:38 EnDeR_ wrote:Show nested quote +On October 21 2020 23:52 Doodsmack wrote:On October 21 2020 22:15 iamthedave wrote:On October 21 2020 17:34 EnDeR_ wrote: I would actually be surprised if Biden never met any of his son's associates. That's the price of nepotism.
Doodsmack, doesn't it make your blood boil that a billionaire only paid $750 in taxes for several years? I know it does mine. I'm 90% sure that the new and improved doodsmack doesn't care about any of Trump's misdeeds. It's not a misdeed necessarily, I mean look at Amazon they paid $0 in taxes. Clearly they are gaming the system within the bounds of the law. As for Trump's 750, if I'm not mistaken the NYT article said he paid millions in advance, and the 750 was just the amount he paid at tax time to adjust things (similar to how you get a refund or owe some money at tax time but you had taxes withheld from your paychecks all year). If I'm right on that its another instance if media misinformation that the wider left has bought into uncritically. The fact that billionaires like Trump [he's on record saying how smart he is for taking advantage of the tax code, he said it makes him 'smart'] and megacorporations like Amazon game the system within the bounds of the law to pay effectively zero tax should make you angry. It shouldn't matter which way you lean politically, we all pay our fair share or the system goes to shit. It's also extraordinarily uncritical to assume that Amazon is doing nothing untoward in its tax strats anyway; the complexity and lack of transparency relative to megacorp tax laws is a problem in and of itself. The public can't really tell if megacorps are being aboveboard one way or the other, and given how many tax strats turn on legal grey areas themselves, it's silly to assume anything other than, we can't really tell what the wealthy are doing in terms of tax compliance and the opacity is a feature, not a bug.
|
On October 22 2020 00:47 farvacola wrote:Show nested quote +On October 22 2020 00:38 EnDeR_ wrote:On October 21 2020 23:52 Doodsmack wrote:On October 21 2020 22:15 iamthedave wrote:On October 21 2020 17:34 EnDeR_ wrote: I would actually be surprised if Biden never met any of his son's associates. That's the price of nepotism.
Doodsmack, doesn't it make your blood boil that a billionaire only paid $750 in taxes for several years? I know it does mine. I'm 90% sure that the new and improved doodsmack doesn't care about any of Trump's misdeeds. It's not a misdeed necessarily, I mean look at Amazon they paid $0 in taxes. Clearly they are gaming the system within the bounds of the law. As for Trump's 750, if I'm not mistaken the NYT article said he paid millions in advance, and the 750 was just the amount he paid at tax time to adjust things (similar to how you get a refund or owe some money at tax time but you had taxes withheld from your paychecks all year). If I'm right on that its another instance if media misinformation that the wider left has bought into uncritically. The fact that billionaires like Trump [he's on record saying how smart he is for taking advantage of the tax code, he said it makes him 'smart'] and megacorporations like Amazon game the system within the bounds of the law to pay effectively zero tax should make you angry. It shouldn't matter which way you lean politically, we all pay our fair share or the system goes to shit. It's also extraordinarily uncritical to assume that Amazon is doing nothing untoward in its tax strats anyway; the complexity and lack of transparency relative to megacorp tax laws is a problem in and of itself. The public can't really tell if megacorps are being aboveboard one way or the other, and given how many tax strats turn on legal grey areas themselves, it's silly to assume anything other than, we can't really tell what the wealthy are doing in terms of tax compliance and the opacity is a feature, not a bug.
Worth remembering the IRS said last year that it's cheaper and easier to focus on lower income taxpayers.
On the one hand, the IRS said, auditing poor taxpayers is a lot easier: The agency uses relatively low-level employees to audit returns for low-income taxpayers who claim the earned income tax credit. The audits — of which there were about 380,000 last year, accounting for 39% of the total the IRS conducted — are done by mail and don’t take too much staff time, either. They are “the most efficient use of available IRS examination resources,” Rettig’s report says.
On the other hand, auditing the rich is hard. It takes senior auditors hours upon hours to complete an exam. What’s more, the letter says, “the rate of attrition is significantly higher among these more experienced examiners.” As a result, the budget cuts have hit this part of the IRS particularly hard.
www.propublica.org
|
On October 22 2020 00:38 EnDeR_ wrote:Show nested quote +On October 21 2020 23:52 Doodsmack wrote:On October 21 2020 22:15 iamthedave wrote:On October 21 2020 17:34 EnDeR_ wrote: I would actually be surprised if Biden never met any of his son's associates. That's the price of nepotism.
Doodsmack, doesn't it make your blood boil that a billionaire only paid $750 in taxes for several years? I know it does mine. I'm 90% sure that the new and improved doodsmack doesn't care about any of Trump's misdeeds. It's not a misdeed necessarily, I mean look at Amazon they paid $0 in taxes. Clearly they are gaming the system within the bounds of the law. As for Trump's 750, if I'm not mistaken the NYT article said he paid millions in advance, and the 750 was just the amount he paid at tax time to adjust things (similar to how you get a refund or owe some money at tax time but you had taxes withheld from your paychecks all year). If I'm right on that its another instance if media misinformation that the wider left has bought into uncritically. The fact that billionaires like Trump [he's on record saying he took advantage of the tax code, he said it makes him 'smart'] and megacorporations like Amazon game the system within the bounds of the law to pay effectively zero tax should make you angry. It shouldn't matter which way you lean politically, we all pay our fair share or the system goes to shit.
I would agree that these people should all pay their fair share and then some. I'm just not sure that under current law it's a misdeed (it's definitely not a crime).
|
|
|
|
|
|