A Quote by Bill Foster
Whoever is running the country should not be in the pay of a foreign interest. The best way is to see tax returns.
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The worst loophole is what Donald Trump has talked about: the tax deductibility of interest. If you let real estate owners or corporate raiders borrow the money to buy a property or company, and then pay interest to the bondholders, you'll load the company you take over with debt. But you don't have to pay taxes on the profits that you pay out in this way. You can deduct the interest from your tax liability.
We should demand that Donald release all of his tax returns so that people can see what are the entanglements and the financial relationships that he has with the Russians and other foreign powers.
Millions and millions of people don't pay an income tax, because they don't earn enough to pay on one, but you pay a land tax whether it ever did or ever will earn you a penny. You should pay on things that you buy outside of bare necessities. I think this sales tax is the best tax we have had in years.
For 40 years, everyone running for president has released their tax returns. You can go and see nearly, I think, 39, 40 years of our tax returns, but everyone has done it.
There's a Russia angle to all this, because remember, we don't have Donald Trump's tax returns. He did a very - relative summary, 104 page campaign financial disclosure. One year of tax returns, reportedly - we've seen the pictures, 12,000 pages. And tax returns are replete with his foreign interests, including, perhaps, his Russian interests. That may be the reason he doesn't want to turn over his taxes.
You may have heard that Donald Trum has long refused to release his tax returns, the way every other nominee for president has done for decades. You can look at 40 years of my tax returns. I think we need a law that says, if you become the nominee of the major parties, you have to release your tax returns.
Trump's tax returns - his tax returns showed he went through a very difficult time, but he used the tax code just the way it's supposed to be used. And he did it brilliantly.
I'll release my tax returns when Barack Obama releases his college transcripts and the copy of his admission records to show whether he got any loans as a foreign student. When he releases that, talk to me about my tax returns.
Donald Trump doesn't release his tax returns and is indebted to foreign banks and foreign lenders.
Every presidential candidate for decades has released his tax returns, and I've released 33 years of my tax returns. The American people deserve to know about our taxes. And so Donald Trump is standing in the way of precedent that goes back on both sides of aisle Democrats and Republicans, and he clearly has something that he doesn't want us to see.
I pay whatever tax I am required to pay under the law, not a penny more, not a penny less... if anybody in this country doesn't minimize their tax they want their heads read because as a government I can tell you you're not spending it that well that we should be donating extra.
Mitt Romney was treated very unfairly. Mitt Romney didn't want to give his tax returns, because people don't understand returns that are complicated, and complex. And he didn't give it. He fought it, fought it, fought it, all the way into September. A month before the election, he gave his tax returns. And they picked out two items that were absolutely perfect. He did nothing wrong. And his returns are very much smaller than my returns.
I don't see why a man shouldn't pay an inheritance tax. If a Country is good enough to pay taxes to while you are living, it's good enough to pay in after you die. By the time you die you should be so used to paying taxes that it would just be almost second nature to you.
Reports also suggest that Ernst and Young and other large tax preparation firms are sending tax returns overseas for processing. But the IRS has no control over tax information once it's been sent to India or another country.
The Trump Foundation's tax returns are public. That's one thing. So we can look through them in a way that we can't look through his personal tax returns. They're publicly available going back to the beginning of the foundation, which is 1987.
He should release the tax returns tomorrow. It's crazy. You've got to release six, eight, ten years back tax returns. Take the hit for a day or two. He has to give a big speech in defense of capitalism, and that will elevate, I think, this race above this tactical back and forth, which I do think he's on the margin of losing.
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