They ran out of crayon AGAIN? Someone needs to take them away from 'Lil Donnie.
the president intends to file as soon as possible
Yeah, and weāl get his tax returns as soon as the audit is completeā¦
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But thatās the thing. His complete taxes include all the additional forms and schedules that lay all those out. Anything to do with income, losses, interest, assets and liabilities and such is in them.
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Then on Wednesday, a White House official said on that the president had been granted āan additional 45 days, but the president intends to file as soon as possible,ā the The New York Times reported.
And āthe check is in the mailā too, I bet.
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Bingo
Additional extensions will automatically come until 11/4ā¦
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According to Newsweek https://www.newsweek.com/where-trump-irs-tax-audit-letter-488904 Trump hasnāt provided the IRS letter informing him that heās being audited. All that was provided was a letter from his legal team claiming he was.
That leaves the public having to take the word of Trumpās paid legal advocates. Thereās a more definitive option: The real estate developer could very easily produce documentation from the Internal Revenue Service stating that he is under audit. [ā¦] The letter from Trumpās tax lawyers, Sheri Dillon and William Nelson, is no substitute. It deals with Trumpās personal returns, but itās also kind of a business return as well. Dillon and Nelson note that he has āsole proprietorshipsā in some 500 different entities, making his personal returns āinordinately large and complex.ā
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Ahhhhhhhhā¦bless his heart. Heās so BUSY along with his team of accountants to get this in after the INITIAL extentionā¦now the question will be if he cheats and āis forcedā to go into an endless audit which ISNāT HIS FAULT!!!
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We have to do that regardless of what Roberts does or doesnāt do in this decision.
And if necessary, we have to go into 1600 and evict him.
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What? Too busy golfing, hiding out in his bunker while also trying to hold a rallies anywhere theyāll let him? Itās not that complicated. The man procrastinates because heās lazy. He couldāve ordered that shitweasel accountant of his that shouldāve gone to prison years ago to get on with it and submit the thing already.
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IRS commissioner knocks down Trumpās āIām being auditedā excuse for not releasing tax returns
DailyKos article
Donald Trump has claimed, again and again, that he couldnātāor, anyway, wouldnātārelease his tax returns because he was under audit. But, the IRS commissioner says, an audit isnāt a problem for releasing tax returns.
There is āno rule that would prohibit the release of a tax return because itās under audit,ā IRS Commissioner Charles Rettig told a House Appropriations subcommittee on Tuesday. On Wednesday, as the IRS faced a deadline for turning over Trumpās tax returns to the House Ways and Means Committee following a lawful request for them, Trump repeated himself again. āI would love to give them, but Iām not going to do it while Iām under audit,ā Trump said.
But the House Ways and Means Committee isnāt asking Trump to provide his tax returns. Itās asking the IRS to, as the law allows. So there shouldnāt be a problemāunless Treasury Secretary Steven Mnuchin decides to put loyalty to Trump above the law.
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Count me among the pessimistic
Even if they rule against him , I full expect heāll say
No ! I wonāt turn them over
What are you going to do about it?
Billy Barr aināt going to enforce it
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Exactly. I think Roberts and his four accomplices let Trump off because āreasonsā. But at 4 months before the election, voting him out is a simpler option.
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Reporting them to the IRS is reporting them to the peopleās agency, so limited āprivacy.ā Congress, by law, can look at anyoneās taxes. No one is above the law (or so they say).
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Trumpās most recent filing contained like fifteen pages of companies on which he serves as an executive. Almost all have names that indicate they were formed just for him, for a particular use. Is this a normal thing for rich folk to do, or is the complicated nature of his finances a direct result of him trying to make things as complicated as possible in order to avoid taxes and thwart investigation into his affairs? Like, if I had a billion dollars would there be benefit to forming a thousand companies and making myself president or CEO of each of them? Would one own my house, one own my lake property, one my jet ski, one my lemonade stand and so on?
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There are stable geniuses, and then there is a real stable of them!
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Be sure to pack your woollies! DC in January can be pretty cold. And get there early - thereās sure to be a line! Iāll be at the front if youāre looking for me.
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Maybe heās out looking for his old buddy Joe Shapiro to game this for him tooā¦
(Wonder how many Joe Shapiros are now deactivating their FB and Twitter accounts and unlisting their phone numbers.)
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I expect that they are going to issue a dogās breakfast of a decision. Hereās my forecast, based on nothing at all:
- Roberts writes a 5-4 majority opinion that finds against the House but orders the release to the New York AGās office.
- The shitweasel brigade agrees in part and dissents in part, holding that the State of New York has no right to the tax returns, either. There may be two partial dissents from the shitweasels.
- Kagan, Sotomayor, Breyer, and Ginsburg dissent in full. Itās a very short dissent, with the TL;DR version being, āYou are fucking kidding me!ā
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Trump āmightā release returns āwhen Iām out of officeā
Politifact article
One such argument was that Trumpās financial disclosures more than make up for not releasing his tax returns ā and Treasury Secretary Steve Mnuchin alluded to this in the Economist interview. But as weāve shown before, this is a red herring because tax returns may reveal financial information like charitable giving and income sources not necessarily covered in Trumpās financial disclosure.
Eventually Trumpās refusal came to rest upon the IRS audit, which he even alluded to later in the Economist interview. The IRS, however, has said nothing precludes a president from releasing tax returns while under audit (Nixon did).
But here the president has indicated for the first time that he will not necessarily release his tax returns after the IRS audit. Rather, he reserves the right to keep his tax returns under seal during his time in the White House.
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