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jca2's avatar

What would you expect to see from Trump's tax returns?

Asked by jca2 (16268points) October 7th, 2019

Humor welcome.

Trump ordered to turn over 8 years of tax returns by Manhattan District Attorney. Read up:

https://www.nytimes.com/2019/10/07/nyregion/trump-taxes-lawsuit-vance.html?action=click&module=Top%20Stories&pgtype=Homepage

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17 Answers

elbanditoroso's avatar

1) His income would be FAR less than we have been led to believe.

2) His net worth (based on assets and such) would be FAR less than we have been led to believe. (The tax return doesn’t show total assets, but one can extrapolate.)

3) He is playing tax games galore, so his net tax due (what he actually owes) will be close to $0.00.

It is #3 that puts him in most danger of political harm. (He is worth a billion dollars and pays $45.32 in tax???)

SEKA's avatar

I’m expecting to see that he’s not worth as much as he claims to be. My guess is that his net worth is well below what he claims to be worth

mazingerz88's avatar

He’s got Putin as his dependent?

gorillapaws's avatar

I expect to see that the Emperor has no clothes. I suspect decades of chronic mismanagement and poor business decision-making have resulted in Trump squandering the vast fortune he inherited. The successful businessman persona is just a facade supported by large debts. When you’re entire mechanism for generating revenue is predicated on licensing the Trump name that’s supposed to be synonymous with success, having that name actually equate to incompetence and debt is the one thing he’s going to fight tooth-and-nail to protect. Nobody signs up for Bernie Madoff University.

rebbel's avatar

Big numbers, written over small numbers.
With a sharpie.

chyna's avatar

^That would be hugely!

LuckyGuy's avatar

That he made very little and has paid no taxes for ages by carrying over the losses from at least 4 bankruptcies that destroyed anyone doing business with his companies.

Tropical_Willie's avatar

He has worked part time as Bozo the Clown for children’s parties.

He had Stormy as a dependent for several years.

zenvelo's avatar

Money laundering loans from Russian oligarchs through Deutsche Bank. Loans from Saudi Arabia.

ARE_you_kidding_me's avatar

I suspect it will show what we already know. That he is not as well off, has evaded taxes, there are conflicts of interest and other unsavory items he would rather the rest of us not see.

mazingerz88's avatar

Or it is all an elaborate set-up to embarrass the Dems and there is nothing that salacious in his tax returns. Don’t forget he’s the ultimate poser and a genuine sleaze.

flutherother's avatar

Attempts to avoid tax and numbers written in coloured crayon.

SEKA's avatar

With everything that happened with the courts today, I am now wondering exactly what it is that he’s so afraid for us to see

MrGrimm888's avatar

My understanding is that he was left hundreds of millions, from his dead father, but claimed one $1 million. There are likely dozens of other in fractures. But. I suspect that would be true, with many wealthy Americans.

ARE_you_kidding_me's avatar

The IRS would have easily uncovered illegal activity like that. I’m speculating it’s just stuff that will be politically damaging or just a dent in his ego.

Tropical_Willie's avatar

@ARE_you_kidding_me They IRS doesn’t care if the money was gotten illegally, only if it was accounted for on the return. The IRS is not the FBI !

Al Capone was caught for failure to disclose his earnings, not that it was illegal money.

SEKA's avatar

@ARE_you_kidding_me He doesn’t get “dents” in his ego. He gets “craters” that he can’t handle

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