Talk of The Villages Florida - View Single Post - Trump in 2014: If I run, I'll provide taxes
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Old 04-20-2017, 10:42 AM
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Default Fyi

1. The law does not require the president to publish his tax forms.
2. Do you really believe that YOU are better qualified to review TRUMP'S tax return then the top people at the IRS?
If, you are not aware, the Constitution of the US is 4 pages. The tax code is 86,000 pages of which so much of it is political favors. NO JOKE-there is a section they call the Starbucks code. In allows Starbucks to be taxed as a manufacturer-the,"reason?"-they roast coffee.
3. IF, NOTHING ELSE-DEMOCRAT OR REPUBLICAN YOU SHOULD SEE THE TAX CODE NEEDS TO BE CHANGED-SIMPLIFIED. By the way Trumps fewer and lower tax brackets will also reduce the value of tax deductions.
4. People always believe their deductions are fair and valid while other peoples deductions are illegal and immoral.
For those of you with pensions, that was untaxed income.
For those of you with some match on your 401K that too was untaxed income. Why is interest a mortgage a deduction but rent is not?
The proposed FLAT TAX, which will never pass because it greatly reduces the power of government, would tax everyone. The rich spend more so they would pay more in taxes. A flat tax would encourage SAVINGS-feared by not only the government but the economy which is built on buy now and pay later.