Featured Trump once revealed his income tax returns. They showed he didn’t pay a cent.

I don't even know why I reply to this stuff.

You said:
He probably pays more in sales tax than many people even make.

To which Aaron said:
And FICA

It is a fact that many, many people pay the same amount of FICA that Trump pays, and it's not more than many people make.

And the FICA paid on $118,500 is $7,347.00, not over 8 grand.

I don't know about you but I don't know anyone that makes less than $7,347 a year, not even my 18 year old son.

 

I'm not a Trump apologetic, but I am all for fair play. And in this discussion it is imperative that income taxes do not equal all tax. Someone has already stated things about sales tax and property tax. Those would have been huge for him and his business. I'm sure he hasn't found a loophole to avoid those.

Also, if one doesn't pay an income tax, then that means that they either made less than the cut off on paper, or gave away a lot. What were his charitable contributions during those times?

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I think the word "once" in the thread title is very significant. Trump surely goes back 30+ years in all his wheeling and dealing, and there were many of the nation's 'rich' in 1987 who had no income, due to capital losses, and thus they owed no income taxes. But this is a common tactic of democrats/socialists to bring these things up, especially going back to 'once' or maybe even twice, like 2008 perhaps.

One of those who had no income that year ['87] was Clayton Williams, the west Texas oil man and banker, running against Ann Richards for Governor of Texas. The tactic worked for his defeat after he had the election all the way-- but not that alone. He may have deliberately blown it-- I'll never know. But in addition to declaring he had no income and therefore no taxes-- which straddling voters don't like to hear, be it true or not-- he invited some of the media to come as he and his guys went went off into his remote sections for roundup, and he joked about being "serviced" by hookers, and something about rape-- 'if it's inevitable, you may as well enjoy it'-- and finally, when he and the Wicked Witch of the West [Richards] were on the same stage, he angrily confronted her, saying, "Ann-- I came to call you a liar!" I don't know if her tears were faked or real, but all this combined did work to get WWW elected..

Okay-- the above has almost nothing to do with the current POTUS campaign, except it's not impossible that Trump may be reflexive of Williams in that race. He actually got the nomination, but [arguably] finally got honest with himself that he didn't want to be dogged down continually with business other than his own-- it's running that's the really the thing.

One more little piece of comedy on this. Shortly after the governor's race (months after Desert Storm), there was a cartoon featuring Saddam Hussein at a mirror, saying "Mirror, mirror, on the wall, whose the dumbest leader of all?" Then he taps an associate and says, "Who's Clayton Willilams?"

 

So what? Who doesn't make more than 8 grand?

Aaron said that Trump pays more than in FICA payroll taxes than most people make. Patently false.

Again, so what? We're talking about income tax returns. Sales tax is a deductible expense. And he'd be a fool to buy high ticket items in New York.

Again I say so what? Trump does not pay more in FICA or sales tax than most people make. It's not true.