New evidence Trump doesn’t pay taxes
The information comes from rulings in two tax appeals that Trump filed in the 1990s, cases he lost.
Trump’s 1984 federal income tax return included a Schedule C, the form used by sole proprietors, the decision in the first case shows.
Trump listed no income on that form, yet he deducted $626,264 as expenses. His New York City tax return also showed no income, but listed slightly less in expenses: $619,227.No receipts, invoices, or other documentation were provided when Trump was under audit or during his appeal from what he argued was an unfair demand for more tax.
“The record does not explain how Petitioner [Trump] had significant expenses without any concomitant income from his consulting business,” wrote H. Gregory Tillman, the city administrative law judge who heard the case on April 29 and May 28 of 1992…
The second case was before the New York State Division of Tax Appeals in 1994 and concerned taxes on profits from selling units in an East 61st Street apartment building which was 90 percent owned by Trump, with his brother Robert and aide Louise Sunshine splitting the remaining share.
Again the issue was 1984 deductions Trump took without providing any documentation to auditors or when Frank W. Barrie, a state administrative law judge, heard his appeal.
It was in this appeal that the record shows Trump paid no income tax in 1984.
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Copyright 2016 Liberaland
14 responses to New evidence Trump doesn’t pay taxes
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allison1050 June 15th, 2016 at 10:49
Hell, Leona Helmsley went to jail!
eyelashviper June 15th, 2016 at 13:47
A woman, of course, and Martha Stewart, also too.
The guys have a tight club.
allison1050 June 15th, 2016 at 20:55
Yes and Martha Stewart and she didn’t do anything illegal if I remember correctly.
Budda June 15th, 2016 at 10:53
His followers are paying his share and don’t know it.
granpa.usthai June 15th, 2016 at 18:10
OPM (other people’s money per trump u FRAUDULENT written instructions).
this deadbeat parasite on the backs of the TAXPAYERS has made his whole life’s fortunes by CROOKED LIES, FRAUD, THEFT, and just plain out coning folks like he is with the WHITE RACIST make america great again by buying trump MADE IN CHINA JUNK. (call it a double take on them).
Larry Schmitt June 15th, 2016 at 10:57
http://ct.politicomments.com/ol/pc/sw/i53/5/7/27/pc_0a86d0f0924188d95f86ff233c2b3e28.jpg
mistlesuede June 15th, 2016 at 11:09
Exactly.
Anomaly 100 June 15th, 2016 at 11:14
So I pay more in taxes than a billionaire. WTF!
halfwayin June 15th, 2016 at 11:29
The man just forgot to fill in the income line on the return.
That’s all. It happens to the best of us.
Warman1138 June 15th, 2016 at 12:52
Silly people, everyone knows that ” The Yuge ” does not pay taxes, he complains about them instead.
granpa.usthai June 15th, 2016 at 18:12
KEEP AMERICA GREAT
ALLOW THE IRS TO RELEASE ALL TAX RECORDS OF DONALD JOHN TRUMP
William June 15th, 2016 at 19:17
Release your tax returns.
whatthe46 June 15th, 2016 at 19:31
and you can bet after the election, he won’t release the.
majii June 15th, 2016 at 19:31
LOL. Stop picking on Trump by asking him to reveal his tax returns! He’s already told us he doesn’t plan to release any, and in Trump World where his he and supporters live, we are “punishing” him by continuing to pursue this matter.