18 thoughts on “Why should I?

  1. HAR says:

    (August 24, 2020): “Manhattan prosecutor agrees to shelve subpoena for Trump tax returns” https://thehill.com/regulation/513370-manhattan-prosecutor-agrees-to-shelve-subpoena-for-trump-tax-returns
    (August 3, 2020): Lawyers for a Manhattan prosecutor trying to get President Donald Trump’s tax returns have told a judge that the request is justified because of public reports of “extensive and protracted criminal conduct at the Trump Organization”. https://www.aljazeera.com/news/2020/08/da-seeking-trump-taxes-cites-reports-criminal-conduct-200803171940756.html

    “We don’t pay taxes. Only the little people pay taxes.” (New York hotel tycoon Leona Helmsley) http://content.time.com/time/specials/packages/article/0,28804,1891335_1891333_1891317,00.html

  2. A line in the sand says:

    “New York attorney general files legal action against Trump Organization, revealing state investigation into the company’s financial dealings” https://www.washingtonpost.com/politics/new-york-ag-trump-organization-lawsuit/2020/08/24/882c03a8-e60e-11ea-bc79-834454439a44_story.html “The filing asks a New York state judge to compel the Trump Organization to provide information it has been withholding from investigators — including a subpoena seeking an interview with the president’s son Eric.
    The attorney general’s office said it began investigating after Trump’s former lawyer and “fixer,” Michael Cohen, told Congress in February 2019 that Trump had used these statements to inflate his net worth to lenders.”
    “New York AG seeks to depose Eric Trump in investigation of Trump’s finances” https://www.cnn.com/2020/08/24/politics/new-york-eric-trump/index.html See court filing at https://www.cnn.com/2020/08/24/politics/eric-trump-ag-filing/index.html
    “Four properties are being probed, including the 212-acre (85.8 hectares) Seven Springs Estate in northern Westchester County, north of New York City, whose valuations were used to claim an apparent $21.1 million tax deduction for 2015.
    Other properties include 40 Wall Street in downtown Manhattan, the Trump International Hotel and Tower in Chicago, and the Trump National Golf Club in Los Angeles.” https://www.reuters.com/article/us-usa-trump-new-york-lawsuit/ny-attorney-general-files-lawsuit-against-trump-organization-court-records-idUSKBN25K1XG

    Alphonse Gabriel Capone (AKA: “Scarface”) with his lawyers while facing federal tax evasion charges in 1931

  3. Keep on Truckin' says:

    Robert Crumb has a personal history with the IRS

    “Keep on Truckin’ is a one-page comic by Robert Crumb. It was published in the first issue of Zap Comix in 1968. A visual riff on the lyrics of the Blind Boy Fuller song “Truckin’ My Blues Away”, it consists of an assortment of men, drawn in Crumb’s distinctive style, strutting confidently across various landscapes.” https://groovyhistory.com/content/102410/b786aaf0b18ab14701d98e337db991f2.jpg
    “In the early 1970s, Crumb’s lawyer started threatening lawsuits against anyone using the image without permission. Crumb and A.A. Sales, a producer of unlicensed Keep On Truckin’ merchandise, reached a settlement of $750 for the past usage. But A.A. continued to sell unlicensed products after the settlement without paying additional license fees. In 1973, Crumb went to the U.S. Federal Court, and wound up in the courtroom of Judge Albert Charles Wollenberg, who had previously ruled against the Air Pirates. [ https://en.wikipedia.org/wiki/Air_Pirates ] A.A. Sales claimed the work was in the public domain, because Crumb had not included the copyright symbol on the work, although he had in Zap #1 as a whole. The work was covered under the 1909 Copyright Act, and any omission of notice caused the work to be public domain. The drawing had appeared on the business card of Crumb’s publisher without the copyright symbol. Based on that, Wollenberg granted A.A. Sales’ request for summary judgment and Keep On Truckin’ became public domain. https://en.wikipedia.org/wiki/Keep_on_Truckin%27_(comics)#Copyright_issues
    In 1977, the IRS demanded Crumb pay $30,000 in back taxes they said he owed on past royalties. Crumb ended up moving to France, returning a year later, after the matter had been settled to the feds’ satisfaction.
    Jacques Hyzagi (interview of Robert Crumb 10/14/15): “You had a revolutionary creature at some point [in the ’60s]—Frosty the Snowman—who was throwing bombs at the Rockefeller mansion. Do you think that’s why the IRS came after you right after that?”
    “What do you think?” he [Crumb] said https://observer.com/2015/10/robert-crumb-hates-you/

    Arcade, The Comics Revue #4 (October 1975); story and art by Robert Crumb
    “…The other notable inclusion is a series of half page strips introducing a new character, ‘Frosty the Snowman and his Friends’. Frosty himself is drawn in a cute style reminiscent of children’s illustration and each strip is introduced with a panel of snowy fun that wouldn’t be out of place on a Christmas card. However Frosty is promoting the uprising of the downtrodden proletariat, and his two friends are out to help him blow up the home of a noted Capitalist. None of the characters are politically consistent, spouting slogans and egging each other on through a series of comic misadventures. In the end they succeed in their mission, but it turns out the house was falling down and the owner is glad of an excuse to demolish it and build a new one. Sometimes cited as supporting terrorism, this strip is thought by many to be the reason the IRS investigated Crumb the following year, with punitive effect.” http://theslingsandarrows.com/the-complete-crumb-comics-vol-10-crumb-advocates-violent-overthrow/
    “Frosty the Snowman and His Friends” (1975) excerpt: https://stendec7.files.wordpress.com/2010/12/frost2.jpg?w=701

  4. Working stiff says:

    “The Ugly Numbers Are Finally In on the 2017 Trump Tax Rewrite : Radical Republicans Ramrodded that Law through Congress, and, You Guessed It, the Rich Made Out Like Bandits While the Rest of Us Got Bupkis” (David Cay Johnston) https://www.dcreport.org/2020/09/05/the-ugly-numbers-are-finally-in-on-the-2017-trump-tax-rewrite/
    “The figures in this story come from my annual analysis of IRS data known as Table 1.4. The income figures are pre-tax money that must be reported on tax returns. https://www.irs.gov/statistics/soi-tax-stats-individual-statistical-tables-by-size-of-adjusted-gross-income I adjusted the 2016 data to reflect inflation of 4.1% between 2016 and 2018 (slightly more than 2% a year).
    This is the first data on the first full year when Trump was president. It also is the first year of the Radical Republican tax system overhaul, passed in December 2017. The Trump tax law, the most significant tax policy change since 1986, was passed without a single public hearing or a single Democratic vote.
    Trump policies overwhelmingly favor the top 7% of Americans. And, oh, do they benefit!
    Prosperous and rich people, the data reveal, include half a million who are not even filing tax returns. Yet they are not being pursued as tax cheats, a separate report by the Tax Inspector General shows. https://www.treasury.gov/tigta/auditreports/2020reports/202030015fr.pdf

  5. Hey, Rube! says:

    “How Income-Tax Secrecy Benefits Trump and Hurts You : The Super-Rich Pay, or Don’t Pay, Pretty Much Whatever They Wish; Congress Looks Over Your Shoulder, Not Your Boss’s” https://www.dcreport.org/2020/09/18/how-income-tax-secrecy-benefits-trump-and-hurts-you/

    President Ronald Reagan, who sought office as a tax rate cutter and then delivered, opposed such favors and argued against a system that “allows the wealthy to avoid paying their fair share.”
    Reagan complained that loopholes “sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10% of his salary, and that’s crazy,” he said a 1985 speech at a Georgia high school.
    “What we’re trying to move against is institutionalized unfairness. We want to see that everyone pays their fair share, and no one gets a free ride. Our reasons? It’s good for society when we all know that no one is manipulating the system to their advantage because they’re rich and powerful. But it’s also good for society when everyone pays something, that everyone makes a contribution,” Reagan said.
    President Ronald Reagan’s Remarks at Northside High School Gymnasium in Atlanta, Georgia, June 6, 1985 https://catalog.archives.gov/id/75717810

  6. BOGUS POTUS says:

    “New York Times: Trump paid no income taxes in 10 out of 15 years beginning in 2000” https://www.cnn.com/2020/09/27/politics/trump-income-taxes-new-york-times-report/index.html
    “Trump tax returns: 5 highlights from The New York Times report” https://www.al.com/news/2020/09/trump-tax-returns-5-highlights-from-the-new-york-times-report.html
    New York Times (9/27/20): “The President’s Taxes : Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance”
    “Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
    He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
    As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.”

  7. HAR says:

    (Fox News): “Biden campaign spotlights Trump taxes story with new digital video” https://www.foxnews.com/politics/biden-campaign-spotlights-trump-taxes-story-with-new-digital-video “According to the New York Times report [link], Trump, who has fiercely guarded his tax filings and is the only president in modern times not to make them public, paid $750 in taxes to the federal government the year he was elected and $750 again his first year in office.
    Trump, whose net worth is claimed to be in the billions, denied that he paid such a small amount in taxes.
    “It’s fake news, it’s totally made up,” Trump said Sunday during a press briefing less than an hour after the story broke in the newspaper. “Everything was wrong, they are so bad.”
    As of Monday morning at 9 a.m. ET, the video had more than 2.2 million views on Twitter. There’s no word from the vice president’s campaign if they plan to put money behind the spot to run on digital or TV.”

  8. Oligarchy malarkey says:

    “IRS: Sorry, but It’s Just Easier and Cheaper to Audit the Poor” (ProPublica 10/2/20) https://www.propublica.org/article/irs-sorry-but-its-just-easier-and-cheaper-to-audit-the-poor
    “Congress asked the IRS to report on why it audits the poor more than the affluent. Its response is that it doesn’t have enough money and people to audit the wealthy properly. So it’s not going to.
    Since 2011, Republicans in Congress have driven cuts to the IRS enforcement budget; it’s more than a quarter lower than its 2010 level, adjusting for inflation.” See https://www.propublica.org/article/how-the-irs-was-gutted (also https://www.propublica.org/article/irs-now-audits-poor-americans-at-about-the-same-rate-as-the-top-1-percent )

  9. Update says:

    Federal appeals court rules Trump can’t block New York subpoena for his tax returns https://www.cnn.com/2020/10/07/politics/trump-tax-returns-subpoena-ruling/index.html
    A federal appeals court in Manhattan rejected President Donald Trump’s effort to block enforcement of a grand jury subpoena that demands years of his income tax returns from his accountants.
    But court suspended enforcement of that subpoena by Manhattan District Attorney Cyrus Vance Jr., giving Trump time to ask the Supreme Court, for a second time, to step into the case and block the subpoena permanently.
    Trump’s lawyer Jay Sekulow said he will ask the Supreme Court to stay the unanimous decision against the president by the three-judge panel on U.S. Court of Appeals for the 2nd Circuit. https://www.cnbc.com/2020/10/07/trump-loses-appeal-to-block-subpoena-for-tax-returns-by-prosecutor.html

  10. p/s says:

    In a surprise appearance with the House Oversight and Reform Subcommittee on Government Operations, U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), today harshly questioned Internal Revenue Service (IRS) Commissioner Charles Rettig on the IRS’s continued refusal to release details on Donald Trump’s tax returns and the IRS’s systematic failure to hold rich tax cheats to account. Pascrell appeared on the panel following an invitation from Chairman Gerry Connolly (D-VA-11). https://www.insidernj.com/press-release/pascrell-blisters-irs-chief-refusal-give-trump-tax-testimony/
    As Chairman of the House Ways and Means Subcommittee on Oversight, Rep. Pascrell has made oversight of the IRS one of the panel’s absolute top priorities.
    Pascrell has invited Internal Revenue Service (IRS) Commissioner Charles Rettig to appear before the Ways and Means Oversight Subcommittee October 13 in an urgent hearing on taxpayer fairness and reports of the IRS admitting it deliberately targets poorer Americans for audits over the rich. Rettig has refused to reply or confirm his attendance.

    Pandemic challenges highlight staffing shortages at the IRS https://www.federaltimes.com/management/2020/10/07/pandemic-challenges-highlight-staffing-shortages-at-the-irs/
    “Like many agencies, the IRS sought to find ways to keep its workforce safe while continuing to meet its mission. But it didn’t stand a chance. It’s gutted workforce and anachronistic IT systems were simply not enough,” Rep. Gerry Connolly, D-Va., said at an Oct. 7 House Oversight and Reform Committee hearing on the state of the IRS.

  11. Chump-O-Gram says:

    “Trump Engineered a Sudden Windfall in 2016 as Campaign Funds Dwindled : Tax records expose more than $21 million in highly unusual payments from the Las Vegas hotel Donald Trump owns with Phil Ruffin, routed through other Trump companies and paid out in cash.” (NYT) https://www.nytimes.com/interactive/2020/10/09/us/donald-trump-taxes-las-vegas.html
    Trump got a $21 million tax break for saving the forest outside his N.Y. mansion. Now the deal is under investigation. (WAPO) https://www.washingtonpost.com/politics/trump-got-a-21-million-tax-break-for-saving-the-forest-outside-his-ny-mansion-now-the-deal-is-under-investigation/2020/10/07/de84c1ba-ff6b-11ea-830c-a160b331ca62_story.html
    “A goat herd is helping President Donald Trump pay thousands of dollars less in property taxes on his New Jersey properties, thanks to a state law designed to benefit farmers.
    The Wall Street Journal estimated in 2016 that Trump paid less than $1,000 a year in property taxes on land that would typically require roughly $80,000.” (Aug 2018) https://www.businessinsider.com/goats-helping-trump-pay-less-taxes-new-jersey-2018-8

    President Trump’s Seven Springs estate covers 212 acres, including rolling woodlands that spread over three Westchester County towns. (Johnny Milano)

  12. 4MOREYEARS says:

    “The Swamp That Trump Built : A businessman-president transplanted favor-seeking in Washington to his family’s hotels and resorts — and earned millions as a gatekeeper to his own administration.” (NYT). https://www.nytimes.com/interactive/2020/10/10/us/trump-properties-swamp.html
    “Key takeaways from the New York Times’ investigation into Trump’s taxes while in office” https://www.usatoday.com/story/news/politics/2020/10/11/key-takeaways-nyt-look-into-trumps-taxes-while-office/5960622002/
    “A New York Times analysis of tax records showed that more than 200 companies, special-interest groups and foreign governments have funneled millions of dollars to President Trump’s properties while reaping benefits from the president and his administration.” https://thehill.com/homenews/administration/520549-tax-records-show-200-companies-groups-and-foreign-governments

  13. Teflon Don says:

    “Trump Lawyers Once Again Cross Their Fingers, Ask Supreme Court to Shut Down Criminal Subpoena for President’s Tax Returns” https://lawandcrime.com/supreme-court/trump-lawyers-once-again-cross-their-fingers-ask-supreme-court-to-shut-down-criminal-subpoena-for-presidents-tax-returns/
    See “Emergency application for a stay pending the filing and disposition of a petition for writ of certiorari” https://www.supremecourt.gov/DocketPDF/20/20A63/157461/20201013102953654_Trump%20v.%20Vance%20II%20-%20Emergency%20Stay%20App.pdf
    “Manhattan District Attorney Cyrus Vance’s office hinted earlier this month that its subpoena is part of an investigation into “possibly extensive and protracted criminal conduct at the Trump Organization,” including potential fraud allegations detailed in media reports in recent years.” https://thehill.com/homenews/administration/520796-trump-again-asks-supreme-court-to-shield-tax-records
    “The Supreme Court on Tuesday put an end to a lawsuit brought by congressional Democrats that accused President Donald Trump of violating anti-corruption provisions in the U.S. Constitution with his business dealings.” https://uk.reuters.com/article/us-usa-court-emoluments/u-s-supreme-court-ends-democratic-lawmakers-anti-graft-lawsuit-against-trump-idUSKBN26Y1ZW

  14. Superhuman acumen says:

    Synopsis: Trump maintains bank accounts in China, Britain & Ireland, according to an analysis of the president’s tax records, which were obtained by the New York Times. The accounts do not show up on Trump’s public financial disclosures.
    “Trump paid more than $188,000 in taxes to China as he pursued business deals there in 2013-15 while paying next to nothing in the US, financial records show” (Daily Mail UK) https://www.dailymail.co.uk/news/article-8861925/Trump-paid-188-000-taxes-China-paying-treasury.html
    (NYT): “Trump Records Shed New Light on Chinese Business Pursuits : As he raises questions about his opponent’s standing with China, President Trump’s taxes reveal details about his own activities there, including a previously unknown bank account.” https://www.nytimes.com/2020/10/20/us/trump-taxes-china.html
    “The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015.
    …Trump International Hotels Management – the one with a Chinese bank account – has direct ownership of THC China Development, which in 2017 reported an unusually large spike in revenue — some $17.5 million, more than the previous five years’ combined. It was accompanied by a $15.1 million withdrawal by Mr. Trump from the company’s capital account. [read the details and small print between the lines]
    (CNN): “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.” https://www.cnn.com/2020/10/20/politics/trump-china-taxes-financial-records/index.html

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