Bethea's Byte
Trump Tries New Line of Defense Amid Tax Scandal D5FRa
Welcome to Bethea's Byte. If you are a member, please sign in and participate. If you are not a member, please sign up and join the conversation. We'd love to hear from you.
Bethea's Byte
Trump Tries New Line of Defense Amid Tax Scandal D5FRa
Welcome to Bethea's Byte. If you are a member, please sign in and participate. If you are not a member, please sign up and join the conversation. We'd love to hear from you.
Bethea's Byte
Would you like to react to this message? Create an account in a few clicks or log in to continue.
WELCOME TO YOUR HOME FOR NEWS, OPINIONS, DEBATES & YOUR VOICE -- BETHEA'S BYTE
Welcome guests and members to the home for News, Opinions, Debates and Your Voice... Bethea's Byte. To all guests of this site, please feel free to look things over, but you are encouraged to register and take part in discussing all news reports posted here. You are also encouraged, as a member to post your own news stories. We would love to have discussions on your news reports as well. You are further encouraged to debate these stories as well, especially in the political areas. All I ask is that no matter what side you're on, keep the debates civil. If you are joining us from another forum, we ask you to affiliate with us. We are more than happy to check you out, join your site and participate with you as well. Once again, you are welcome here at Bethea's Byte. Join in the conversation. Spark a discussion. Have a passionate debate. Most importantly, Let your voice be heard! BYTE THIS!
Log in

I forgot my password

Notifications
    Who is online?
    In total there are 2 users online :: 1 Registered, 0 Hidden and 1 Guest

    The Last Outlaw

    [ View the whole list ]


    Most users ever online was 156 on Wed Jul 03, 2019 11:22 am
    Statistics
    We have 33 registered users
    The newest registered user is GamrNrd

    Our users have posted a total of 4280 messages in 1738 subjects
    Latest topics
    » What are your plans for the day
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Yesterday at 9:24 am by Naiwen

    » US Hitting Encouraging Milestones on Virus Deaths and Shots
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Mon Jun 21, 2021 11:49 am by The Last Outlaw

    » Tensions Among Democrats Grow Over Israeli-Palestinian Conflict
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Sat May 15, 2021 4:45 pm by The Last Outlaw

    » Here's How Long Derek Chauvin Could Spend in Prison
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Tue Apr 20, 2021 8:37 pm by The Last Outlaw

    » Derek Chauvin Convicted of Murder and Manslaughter in George Floyd's Death
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Tue Apr 20, 2021 5:55 pm by The Last Outlaw

    » 'Wheel of Fortune' Fans Call For Rule Change After Contestant Loses on Minor Technicality
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Thu Apr 08, 2021 3:12 pm by The Last Outlaw

    » Fla. Teacher Who Presented Herself as 'Mother Figure' Accused of Sexually Abusing Student for Years
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Fri Apr 02, 2021 4:15 pm by The Last Outlaw

    » Derek Chauvin Trial: MMA Fighter Who Watched George Floyd's Death Says He Called Police on the Police
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Tue Mar 30, 2021 10:36 am by The Last Outlaw

    » Gun Laws and Stats
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Mon Mar 29, 2021 4:11 pm by The Last Outlaw

    » Floyd Family Kneels Outside Courthouse in Symbolic Statement
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Mon Mar 29, 2021 8:58 am by The Last Outlaw

    » Boulder Shooting: Multiple Injuries, Residents Take Shelter as Police Look For Gunman
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Tue Mar 23, 2021 11:28 am by The Last Outlaw

    » Person of Interest in the Deaths of 5 People, Including Ex-Wife, Allegedly Admits to Murdering 16
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Mon Mar 22, 2021 7:53 pm by The Last Outlaw

    » If You Haven’t Received Your 3rd Stimulus Check Yet, Here’s Why Wednesday Matters
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Mon Mar 22, 2021 6:17 pm by The Last Outlaw

    » Free Byte: What Grinds My Gears? Cancel Culture
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Sun Mar 21, 2021 5:42 pm by Kyng

    » Tennessee Sister and Brother Charged with First-Degree Murder in the Death of Their Disabled Mother
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Sun Mar 21, 2021 5:37 pm by The Last Outlaw

    » Spa Shooting Victims ID'd As Biden, Harris Head To Atlanta
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Fri Mar 19, 2021 12:18 pm by The Last Outlaw

    » Food and more!
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Wed Mar 17, 2021 10:49 am by Naiwen

    » Michelle Obama Responds to Meghan Markle and Prince Harry's Oprah Winfrey Interview
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Tue Mar 16, 2021 10:11 am by The Last Outlaw

    » Queen Elizabeth Says Saddened by Harry and Meghan's Experiences
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Sun Mar 14, 2021 3:53 pm by The Last Outlaw

    » Suicide Prevention
    Trump Tries New Line of Defense Amid Tax Scandal Clock-10Sat Mar 13, 2021 11:09 pm by The Last Outlaw

    June 2021
    SunMonTueWedThuFriSat
      12345
    6789101112
    13141516171819
    20212223242526
    27282930   

    Calendar Calendar

    CBOX
    Affiliate With Bethea’s Byte


    Bethea's Byte

    Anti-Spam Bots!

    Submit Your Site To The Web's Top 50 Search Engines for Free!






    The Coffee House


    Planet Nexus





    IconSkouliki

    Trump Tries New Line of Defense Amid Tax Scandal

    View previous topic View next topic Go down

    To What Extent Do You Approve or Disapprove of the Idea That Americans Are Entitled to Taking Tax Loopholes If Applicable?

    Trump Tries New Line of Defense Amid Tax Scandal Poll_c100%Trump Tries New Line of Defense Amid Tax Scandal Poll_c10 0% 
    [ 0 ]
    Trump Tries New Line of Defense Amid Tax Scandal Poll_c100%Trump Tries New Line of Defense Amid Tax Scandal Poll_c10 0% 
    [ 0 ]
    Trump Tries New Line of Defense Amid Tax Scandal Poll_c100%Trump Tries New Line of Defense Amid Tax Scandal Poll_c10 0% 
    [ 0 ]
    Trump Tries New Line of Defense Amid Tax Scandal Poll_c100%Trump Tries New Line of Defense Amid Tax Scandal Poll_c10 0% 
    [ 0 ]
    Trump Tries New Line of Defense Amid Tax Scandal Poll_c100%Trump Tries New Line of Defense Amid Tax Scandal Poll_c10 0% 
    [ 0 ]
    Trump Tries New Line of Defense Amid Tax Scandal Poll_c100%Trump Tries New Line of Defense Amid Tax Scandal Poll_c10 0% 
    [ 0 ]
     
    Total Votes : 0
     
    The Last Outlaw
    The Last Outlaw
    Male Posts : 1747
    Age : 45
    Join date : 2018-05-25
    Location : Salem, Oregon
    Status :
    Online
    Offline

    http://betheasbyte.com/forum

    PostThe Last Outlaw Mon Sep 28, 2020 2:03 pm

    Trump Tries New Line of Defense Amid Tax Scandal IlWna

    Trump Tries New Line of Defense Amid Tax Scandal Fe6t0

    Quint Forgey of POLITICO wrote:President Donald Trump on Monday tried out a new line of defense amid fallout from a damaging report on his financial history — arguing he was “entitled” to take advantage of various tax loopholes and insisting he was mired in “very little debt.”

    Trump Tries New Line of Defense Amid Tax Scandal BB19vaMu

    The latest explanation from the president, outlined in a series of morning tweets, marked his second attempt at defusing a New York Times exposé published Sunday, which reported that Trump paid only $750 in federal income taxes in both 2016 and 2017.

    “The Fake News Media, just like Election time 2016, is bringing up my Taxes & all sorts of other nonsense with illegally obtained information & only bad intent. I paid many millions of dollars in taxes but was entitled, like everyone else, to depreciation & tax credits,” Trump wrote.

    The president was seemingly referring to another Times report on Trump’s taxes, published in October 2016, which revealed that he declared a nearly $1 billion loss on his 1995 tax returns and could therefore have avoided paying federal income taxes for almost two decades.

    The Times presented a similarly dire account of the president’s finances on Sunday, reporting that he had paid no income taxes whatsoever in 10 of the last 15 years because he declared he had lost much more money than he had made. Trump is responsible for loans and other debts totaling $421 million, according to the Times, with most of that amount due to be paid within the next four years.

    But Trump tweeted Monday that he was in possession of “extraordinary assets” and claimed to be “extremely under leveraged,” writing: “I have very little debt compared to the value of assets.”

    The president went on to write that he “may release” personal financial statements “showing all properties, assets and debts. It is a very IMPRESSIVE Statement, and also shows that I am the only President on record to give up my yearly $400,000 plus Presidential Salary!”

    In fact, Herbert Hoover was the first president to refuse a salary. John F. Kennedy also did not accept a presidential salary, but he kept the office’s $50,000 expense account for “public entertaining” required of the president. Both Hoover and Kennedy donated their salaries to charity.

    Although Trump has long boasted about forgoing his presidential salary, he has reaped considerable financial benefit during his time in the White House — promoting his properties and directing millions of taxpayer dollars to his businesses around the globe.

    Asked about the most recent Times report at a White House news conference on Sunday, Trump repeated his assertion that he is unable to release his tax documents because he is under federal audit.

    Trump said he would be “proud to show” his tax returns once the audit was completed and claimed he had paid “a lot” of money in taxes, including New York state income taxes. Former IRS officials have said there is nothing stopping him from making his taxes public.

    “It’s going to come out, but after the audit,” Trump told reporters, describing the Times’ reporting as “totally fake news.”

    Trump’s top aides, allies and campaign staff also mobilized to defend him on Monday, with White House press secretary Kayleigh McEnany dismissing the Times report as a “hit piece” strategically deployed ahead of the first 2020 presidential debate on Tuesday.

    “This is the same playbook they tried in 2016 — the same playbook that the American people rejected and will do so again,” McEnany said in an interview on Fox News.

    Trump campaign spokesperson Erin Perrine accused the Times of “going back to the same old well from” the previous election cycle. “It didn’t work then, and it didn’t work now,” she told Fox News.

    Donald Trump Jr., the president’s eldest son, claimed his father had “paid tens of millions [of dollars] in taxes,” but did not say whether those payments were federal income taxes as opposed to state and local taxes or payroll taxes.

    He also charged that the Times had “put out a selective picture” of his father’s tax history, while appearing to acknowledge that his father “does things in certain years where you get depreciation, where you get write-offs [and] historical tax credits.”

    “People don’t understand what goes into a business,” Trump Jr. told Fox News. “It doesn’t include property taxes. It doesn’t include payroll taxes. It doesn’t include real estate taxe. It doesn’t include so many of the things that he’s been paying taxes on forever.”

    Ladies and Gentlemen, let it be known that I was born at night, just not last night.  Donald Trump is everything that I've said he was, and this is just another example of it being proven true.  $750 dollars compared to federal taxes presidents before him.  Are you serious?  This is my version of ESPN's "C'mon Man" segment.  Follow me here.

    FEDERAL INCOME TAXES PAID IN 2017

    Vice President Joseph R. Biden, Jr. -- $3.7 Million
    Senator Kamala D. Harris -- $516,000
    Senator Bernard Sanders -- $343,000
    Senator Elizabeth A. Warren -- $268,000
    PRESIDENT DONALD J. TRUMP -- $750

    Now let's compare that to the Presidents before him.

    PRESIDENTIAL FEDERAL INCOME TAXES IN FIRST YEAR OF PRESIDENCY

    President Ronald W. Reagan -- $165,202
    President George H. W. Bush -- $101,382
    President William J. (Bill) Clinton -- $62,670
    President George W. Bush -- $250,221
    President Barack H. Obama -- $1,792,414
    President Donald J. Trump -- $750

    Now tell me, is this honesty for someone in the "highest office in the land" after promising year after year to release his tax returns?

    C'MON MAN!

    Just Saying.
    Trump Tries New Line of Defense Amid Tax Scandal I6goy

    _________________
    Trump Tries New Line of Defense Amid Tax Scandal FBCTRTrump Tries New Line of Defense Amid Tax Scandal D5SsG
    Trump Tries New Line of Defense Amid Tax Scandal Nexads420

    View previous topic View next topic Back to top

    Create an account or log in to leave a reply

    You need to be a member in order to leave a reply.

    Create an account

    Join our community by creating a new account. It's easy!


    Create a new account

    Log in

    Already have an account? No problem, log in here.


    Log in

     
    Permissions in this forum:
    You cannot reply to topics in this forum