ON $150 MILLION IN INCOME, TRUMP WAS SUPPOSED TO PAY $61M

Why isn't he in jail?

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What are deductibles Alex?

a scam for billionaire globalists to get out of paying taxes

If you don't itemize in the U.S, you're either broke or stupid

It's called write-offs you leaf. Depreciating assets (which comprises much of Trumps net worth) give you massive deductions. Why is this so hard to grasp?

Did that make sense in your head?

Obamaleaf BTFO

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>Why is this so hard to grasp?

He is poor, and doesn't have the motivation or work ethic to stop being poor.

his assets are appreciating, not depreciating

>expecting him to pay 58.68% in taxes
yeah get fucked, commie

Lol I pay a higher rate than that deadbeat Trump

>guy dealing in real estate makes a lot of money in capital gains

effective tax rate says 41.32%.

My god u retards are dumb

I'll take "write offs" for 100.

> depreciating assets
> Trumps primary assets

I remember when I first learned about the US's tax code.

Also this was in 2005, are you factoring that in? Both Bush tax cuts, and before Obama's tax increases?

all the more reason I'm glad I don't live in a marxist shit hole

source

(88014761.25 / 150000000)*100 equals what, ahmed?

U niggas mad at the wrong man..

>effective tax rate average for Trump's bracket is 22%
>he pays 25%

Trump is generous

I'm under audit. I Can't release any of the last 20 years except 1 year after it's leaked.

I also have no proof that I'm under audit

>bragging about paying more taxes

Obama, Romney, Hillary, and Bush all paid lower rates than Trump, just so you know

>american education

Fixed Physical assets are depreciable. Google is your friend here cuck lord.

I pay 25% at 40k. Trump is a robber baron.

>obamaleaf is this fucking retardedly desperate

Which of them made $150M? Do right wing retards even understand how progressive taxation works?

The more you make the more you're supposed to pay.

Biden only made what $200k and he almost paid the same rate?

IRS saying he's under audit isn't proof?

>Obamaleaf talks about something he doesn't understand

Not surprised.

Leaf are you gonna ignore the fact you calculated his taxes using 2017 taxes and not 2005 taxes?

get deductibles, dumbass

That costs money

BOOM

Right wing retard billionaire globalist cucks BTFO

>The more you make the more you're supposed to pay.

thank god this stupid shit is stuck in canada

>doesn't understand that a business owner doesn't pay regular income tax

Fuck off share blue

IRS never said he was. They said if he was, he could still release.

Are you retards, liars or retards or both?

Fuck off share blue

Do they allow a leaf write-off for being retarded?

stop being poor

Ask Bernie Sanders how he pays 13% on 200k

Which is a bullshit giveaway to the rich considering those assets appreciate in value, they don't depreciate.

Why do u right wing retards suck billionaire globalist cock all day?

Trump buys off Republicuck politicians to give him those kinds of tax breaks.

see

Only a shareblue fake leaf wouldnt understand basic tax principles like this.

Have you ever had a job?

That because your country likes to cuck you out of your money.

It's my first job out of college in California. My career should be good long-term.

You're the retards posting this chart u fucking autist You're btfo yourself now

holy shit u retards are clueless

That's because social security has a hard limit you retard

Good luck

far as he's aware anyone making more than his shareblue wages is a crook

>retard doesn't realize you pay capital gains and depreciation recapture when you sell it

You really are a dumbass.

You right wing retards really do suck billionaire globalist cock all day

I've never seen bigger cucks for the wealthy elite in my entire life than u filthy degenerate right wing retards

>41% effective income tax
Nobody should ever be taxed that high holy fuck. That's literally theft.

Thats just federal taxes. You're not including state and local taxes.

>not showing a percentage rate

You are terrible at your job.

My god you're an idiot. Progressive tax plans have been a disastrous for the US middle class. If you're pathetic border leeching country had any commerce outside of what we provide via proximity. You need that system to maintain your shitty provinces northern region due to lack of innovation.

>Leaf still hasn't acknowledge he is complaining Trump didn't pay 2017 rates in 2005.

the same fucktards who'd want Trump's taxes, are the same fucktards who'd trust the corrupt Lois Lerner/Obama dick sucking IRS to audit them, "unbiasedly". Give me a fuckibg break...

You're the retard who posted this table and then said

>>doesn't understand that a business owner doesn't pay regular income tax

you literally btfo yourself in this thread and u know it

You right wing retards are now defending massive tax breaks for wealthy billionaire globalists. You are the biggest cucks i've ever seen.

tl;dr thread

Did someone already say "the rich should pay their fair share" or anything similar after being BTFO by tax write off and incentive stuff

>still won't acknowledge you have to pay capital gains and depreciation recapture when selling assets

Fuck off. You're as uneducated on tax law as you are on economics. Keep spamming your bullshit. I'll be glad when your spring break is over and your community college starts back up.

Are you fucking retarded? look at the picture

based leaf

Nigger I write off like a third of my income. That shit helps broke ass niggas too. Why you think we fighting over kids to write off?

>massive tax breaks for billionaires
>Trump paid a higher rate than everyone else

I couldn't find that 2005 income tax calculator. If you want to link it, by all means I'll use it.

His tax rate would have been about the same.

this, is obamaleaf this double retarded?

>billionaires save $1,000,000 each
>poor people save less money than billionaires
OWHAHAHAHAJW u mean if u make more money then u pay more :00000
>leaf education

Yup. Says every Canadian commi. Don't worry, they're well on their way to a fucking Brexit/Trump overthrow. French-Canadians love Le Pen. Ohh, la la!

When the fuck is he gunna sell Trump Tower you fucking retard? He's gunna hand it down to his kids.

All you're doing is defending tax breaks for billionaire globalists. You're literally the definition of a fucking cuck.

I'm exposing you right wing retards for the filthy billionaire globalist shills that you are.

Your guys take full advantage of the laws as well. None of them have proposed getting rid of deductions because they know it's political suicide.

>doesn't realize investors don't pay payroll taxes

The poorfag version is having kids you can't support

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That comic was in reference to the few years where he actually did by his own admission pay zero federal tax. He did it legally though, because after counting in deductions and loses he had zero taxable income, but he did get by a few years paying no tax. That's a fact. He chose to leak his return from 12 years ago because that's probably the best year he's had in the new millennium.

He doesn't own the land under Trump Tower. He will have to pay the taxes eventually. Again, it's abundantly obvious you have no clue what you're talking about. Spend 10 minutes learning about tax laws before you shitpost, you stupid cunt.

Because you live in a cucked nation that spends most of its taxes on immigrants

LEFT WING RETARDS

>right wing retard literally fights for billionaire globalist to pay as little taxes as possible

How much do they pay to be this cucked?

Do you understand what DEPRECIATING ASSET means?

When is he selling Trump tower?

cucks have a hard time understanding protecting something that matters to you

Okay, I'm not trying to be rude but do Americans seriously not know what tax deductions are?

This is why accountants exist. Limiting your tax liability is something rich people do. That's why they're rich.

Why would someone voluntarily pay more taxes than they are required to by law? Especially a wealthy business person?

Trying to spin Trump's taxes as unpatriotic is so fucking retarded and I can't even tell if people really believe what they're saying or if they're just hoping to persuade people.

Maybe when you start giving me some of the shit you jack I'll give a fuck. Until then I need that EIC.

Please sue whichever university taught you accounting.

>He will have to pay the taxes eventually

When? 100 years after he dies?

Holy shit not only are you a cuck but you're full blown retarded bro.

>He will have to pay the taxes eventually.

HAHAHAHAHAHAHAHAHAAHHAHH

so you are this retarded?

ACcording to right wing retards, it's an asset that increases in value.

>literally
maybe you should go watch some more leafy videos

If you want to link a 2005 income tax calculator for a NY resident, by all means I'll use it.

>Obamaleaf doesn't realize that BASED BILL CLINTON created the carry forward deduction

If you do not do everything in your ability to pay as little taxes as possible, I genuinely do not consider you an American.

>He will have to pay the taxes eventually.

HE will?

Proofs?

This rare video of Trump should explain everything.

youtu.be/FcRTP-vRXJM

A

FUCKING

LEAF

>implying I don't use them to invest in real estate
>pretending to be against globalists while shilling for Clinton and Obama

When you sell an asset, you have to pay capital gains and depreciation recapture. This is very basic tax information...

>income tax
>real estate

you make a whole thread about what trump should have paid in 05 based on what he would have to pay now 12 mother fucking years later.

im not even mad, you need some sort of help.