Cog wrote:Buffet should be content with his charitable contributions, instead of trying to remake the tax code for other billionaires who might not share his desire to have their taxes raised. But like most quasi-socialists, higher taxes are always the solution to the ills of mankind.
A tax return is between you and the IRS. No one else is entitled to see it.
I'lll agree about Buffett. It's easy to preach about how much tax others should pay when you have lawyers, accountants, etc. set things up so that despite being a billionaire roughly 100 times over, you pay almost no income taxes.
But if you want to be POTUS, it's traditional to show it. If you don't, MANY people will wonder what you're hiding. Him not showing his tax forms was one of many reasons I voted third party.
After all, I make an effort to pay my taxes properly. I'm happy to take any legal deductions, exemptions, credits,etc. But at the end of the day, I pay the balance in full -- and I don't like tax cheats of any kind.
Now, maybe at the end of the day, Trump is doing nothing wrong and his various tax audits will yield nothing. Maybe the reason he didn't want to show his taxes was something like little or no donations to charity. To me, once someone has paid their taxes in full, no one has the right to whine about anything legal they do with their money -- including spending it all on beer and legal hookers for themselves.
We simply don't know. But the fact that he didn't want to disclose certainly looks bad to many voters, and of course, Trump's detractors will complain about it. That's politics.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.