Trump's Tax Returns.

[Atheist]

Trump has had to release info about his tax situation. Is this a good thing, or should people be able to keep their finances secret?

[royfromaus]

Was it worth it?

[Hopkirk]

He's not just "people ", he was President.
They have apparently always shown their tax returns, until him.

[Buenchico]

I'm not a great believer of the concept of 'privacy' in general. As far as I'm concerned everyone's full financial details (other than security info, such as their card PINs and banking login information, of course) should be in the public domain and freely available to all . I can think of absolutely no reason why they shouldn't be.

[Atheist]

roy; do you think it was worth it?

[Peter Pedant]

are you all crazy?
Of course he has to show he is not making moolah out of the state he is elected to serve

"No man should profit from the Roman State" - pre Empire. I cant find the Latin or who said it Cicero probz.

Usually ( Cameron Benn and the American presidents) put their assets into "Blind Trusts" - bline to them presumably and the trust are run by named third parties. Even then Cheney made huge rofits thro Haiburton rebuilding Iraq, which he had previously flattened with bombs. Yes people DID notice

Trump refused to. He also insisted on running the businesses in his own name - these are personal returns not company returns. He made one loss of £750m against tax. He insisted on carrying on trading whilst president.

He made a succession of losses ( which in Britian with HMRC will attract an investigation - 2nd y you should go bankrupt)

[tomus42]

It's reasonable that politicians are held accountable to the public.

If they've campaigned and pontificated on a given subject, be it sex, taxation, whatever, people should know whether they're being truthful or not.

[Canary42]

///people should know whether they're being truthful or not. ///

We know. They're not.

[Gromit]

// As far as I'm concerned everyone's full financial details should be in the public domain and freely available to all . //

I couldn’t disagree more. Everyones finances should be private to them. When people are elected to office and in charge of the public finances, then they should be open about their own finances.

[Untitled]

politicians should not have the same rights to financial privacy that the general public does... it is in the public interest to know who owns them

[Untitled]

trump has long been suspected of making his fortune through money laundering

[naomi24]

^I've not heard that one.

[Untitled]

https://www.fincen.gov/news/news-releases/fincen-fines-trump-taj-mahal-casino-resort-10-million-significant-and-long

https://www.globalwitness.org/en/campaigns/corruption-and-money-laundering/narco-a-lagohttps://www.nytimes.com/2019/05

https://www.nytimes.com/2019/05/19/business/deutsche-bank-trump-kushner.html

[naomi24]

Thanks. Your second link doesn't work.

[Untitled]

notice that the same taj mahal casino was fined in the 90s for breaking anti-money laundering laws about reporting currency transactions... 106 violations in its first year to be exact

[Untitled]

sorry pasted the third one into it by mistake

https://www.globalwitness.org/en/campaigns/corruption-and-money-laundering/narco-a-lago-panama/

global witness arranges its reports in a strange way but you can download a pdf of the whole thing

[naomi24]

Thanks, I won't bother. I get the gist.

[Peter Pedant]

^I've not heard that one.
foo it must be untrue den !
jesus

[Peter Pedant]

2015 buzzed past on French tv - - 10 million income
major losses 4 m
eye watering numbers
so to get the tax down to a hundred bucks
he needs to lose another 6 m to get it down

[royfromaus]

Who is he?


https://pbs.twimg.com/profile_images/1286376218837876736/vSfKtIFx_400x400.png

[royfromaus]

Wrong thread...still no MENSA for me :0/