2016 Postmortem
Related: About this forumNY Times Editor Said He'd Risk Jail To Publish Trump's Taxes
Executive editor of The New York Times Dean Baquet said on a panel on Sunday that he would hypothetically risk jail if it meant a chance to publish Donald Trump's tax returns, which the GOP nominee -- against presidential election season precedent -- has refused to release.
Baquet was participating on a Harvard University panel with Washington Post Associate Editor Bob Woodward and Academy Award-winning filmmaker Laura Poitras, CNNMoney reported.
Poitras -- whose Oscar-winning documentary "Citizenfour" was about the revelation of NSA surveillance programs by Edward Snowden -- noted hypothetically that the lawyers advising newspapers would warn of possible jail time should they release leaked returns, according to CNNMoney.
Baquet and Woodward both said they'd take the risk of a jail sentence and would argue with their papers' attorneys in favor of publishing Trump's tax returns.
http://talkingpointsmemo.com/livewire/trump-tax-returns-new-york-times-editor-baquet
Jail is very well worth the risk if it means saving the country--and the world--from a maniacal wannabe tyrant.
BumRushDaShow
(129,096 posts)misterhighwasted
(9,148 posts)Let's start a GoFundMe for his assistance in or out of jail.
Angel Martin
(942 posts)I think the likelihood of finding some "smoking gun" is very small. These rich guys have plenty of legal ways to reduce and avoid taxes. The idea that journalists will find some tax evasion that the IRS missed - pretty low. And you can't tell from a return how wealthy he is or isn't.
look at this thing
The guy must have an army of accountants to just to prepare that return.
If Trump paid little or no tax, his followers will just admire him for it, and wish they could do it too.
Whoever leaks his tax info, and a journalist who uses it, are risking jail over what is likely not decisive.
lark
(23,105 posts)He's SUCH a criminal, they will be sure to show something. Lots of investments with Russian banks, lies about charity, lies about tax credits and exemptions that he claimed but were total fraud, paying almost no taxes due to illegal claims, (like 4 times in a row he applied for a NY tax reduction for people with income less than $500,000. 3 times he had to pay fines, but continued to do it, even now which is the 4th time. I am sure there's a lot there that he wants hidden.
jmowreader
(50,560 posts)It is based on ADJUSTED gross income - gross income minus deductions. If this useless bastard is running his company as an LLC, which I have heard he is, he gets to deduct a-l-l-l-l-l-l-l-l-l his business expenses from his taxes. By using an extremely fine pencil a good accountant can turn $1 million of gross income into a thousand bucks of AGI.
Bearing in mind it may have been technically legal to ask for his school tax back, it was still the dick move of the year.
lark
(23,105 posts)Yes, there are legal ways to cheap on taxes, but what he's doing isn't legal at all, that's why he keeps getting fines. The puzzling thing is why his tax attorneys keep putting in for the same deduction which has been disallowed 3 times before, this is the 4th time this has happened.
jmowreader
(50,560 posts)"I've been arrested 22 times for driving without a license and lose every time, but I've just about got it." The same logic applies to someone yanking the handle of a one-armed bandit in one of the small-handed bandit's casinos.
tinrobot
(10,903 posts)Net income is located at the bottom of the second page.
I suspect he makes almost nothing and is not a billionaire. That would be a smoking gun for his ability to tell the truth.
classykaren
(769 posts)Angel Martin
(942 posts)One way is to make charitable contributions to your "Foundation".
And real estate tax law is really a free-for-all. Trump's real estate holdings can be skyrocketing in value, but he gets to deduct the operating costs and the "depreciation" on the buildings he owns.
Salon has some other real beauties here.
http://www.salon.com/2013/04/12/10_tax_dodges_that_help_the_rich_get_richer_partner/
Something we did learn from Romney's tax return is his $100 million dollar IRA. I thought that was a real scandal. But it wasn't ever discussed that I remember.
My point is - don't go down the road of this illegal stuff. It likely won't work, and Trump gets to play the victim.
mrmpa
(4,033 posts)I think what people want to see, is bottom line, his income. That's it. Nothing more, nothing less.
gopiscrap
(23,761 posts)BlueInPhilly
(870 posts)yellowcanine
(35,699 posts)Setting yourself up for more than just a simple privacy violation charge.
Staph
(6,251 posts)someone who does Trump's accounting (or even a non-accountant for works for the firm) to perform a little extra midnight photocopying. Still probably a felony, but there could be no accusation of attacking the computers of the federal government.
William769
(55,147 posts)gopiscrap
(23,761 posts)bluestateguy
(44,173 posts)and he/she could just paste them online him/herself, never mind the elitist newspapers.
Then the employee would be arrested, and would have to hope real hard for an Obama pardon in January.
KK9
(81 posts)...how the IRS secures tax records, but I wouldn't be surprised to find they do it like some hospital clinical and billing systems do. Have a flag for "VIP", to indicate someone whose information is particularly sensitive for some reason (i.e., the press would be interested in it). Then heavily limit employee access to those records, based on the flag.
Democrat 4 Ever
(3,941 posts)The penalties and ramifications are swift and extremely severe to any employee who accesses records without a business reason to do so. I can't even access my own records. Every keystoke is recorded and cross referenced to prevent unauthorized viewing. If I even remotely know an old neighbor from 20 years ago I cannot assist them. Period NO exceptions.
Angel Martin
(942 posts)not only is it illegal and a firing offence. But you will likely find nothing anyway.
Like the people digging into Clinton's passport file. They didn't find anything and it backfired on the Bush campaign.
world wide wally
(21,744 posts)They are supposed to be a line of truth and protection of the American people.
Not just be a money making enterprise like Beanie Babies.
AgadorSparticus
(7,963 posts)It is always inspiring to see ethics at work.
world wide wally
(21,744 posts)Would you abort baby Hitler if given the opportunity?
Angel Martin
(942 posts)but now I wonder.
for example. you assassinate Hitler and Reinhard Heydrich takes over. So now you have a nazi dictator who is just as evil, but more ruthless and far more intelligent...
Hitler did deserve to be assassinated. so did Heydrich. But the law of unintended consequences can be a bitch.
Bernardo de La Paz
(49,007 posts)We already found out he doesn't give money to charity -- hasn't given to his own foundation since about 2009.
MoonRiver
(36,926 posts)Bill USA
(6,436 posts)rivegauche
(601 posts)DinahMoeHum
(21,794 posts)n/t
lunamagica
(9,967 posts)Fritz Walter
(4,291 posts)His low-information base -- which may or may not be growing in the post-Convention phase of the campaign -- would likely ignore or dismiss any revelation from the release of his tax returns. Unquestioningly.
Then there are those voters who would not be appalled -- let alone outraged -- by tax fraud, evasions and other "creative accounting" because they envy this nefarious skill in their quest for wealth.
At this point, we're looking at either dead-girl or live-boy scenarios to move the undecided or "leaning towards" to do what's correct -- but not right.
Not too sad...
Rose Siding
(32,623 posts)Costs them nothing.
TexasBushwhacker
(20,202 posts)But I went to their website and they seem to be aligned with WikiLeaks and Assange.
FairWinds
(1,717 posts)The Nixon tax returns that proved he was indeed a "crook,"
were leaked.
And showed scammy charitable "deductions."
Nixon had refused to release them.
They were important.