The US Supreme Court in a 7-2 vote has decided that there is no reason to block the release of Donald Trump's tax returns to prosecutors, who can now subpoena the former president for his financial documents from January 2011 to August 2019.Firestarter wrote: ↑Tue Sep 29, 2020 4:44 pmIn 2010, Donald claimed and received an income tax refund totalling $72.9 million (the federal income tax he had paid for 2005 to 2008). That was with the help of legislation entered by President Obama.
Then from 2011 to 2014, “billionaire” Donald paid no federal taxes at all (0).
Where it gets “criminal” behaviour by the Donald is that he never paid those losses back to his handlers/lenders, so he shouldn’t be allowed to deduct it.
Here’s how the NYT one time in the whole long article explains that Donald really is in trouble with the IRS.If the I.R.S. learns that the owner received anything of value, the allowable losses are reduced to just $3,000 a year. And Mr. Trump does appear to have received something. When the casino bankruptcy concluded, he got 5 percent of the stock in the new company.
But they won't be publicly released (is there more than we already know?): https://edition.cnn.com/2021/02/22/poli ... index.html