Trump Still Not Giving in to Demands Calling for Tax Returns

So what do you think about Donald Trump and his tax returns? This has been the subject of much scrutiny since Mr. Trump announced he was running for president and eventually becoming the republican nominee. Whether you love him or hate him, it appears that most people, even republicans feel that he should release his tax returns for the public to see.
His reasons for not doing so have ranged from he can’t because he’s being audited to people really don’t care about his taxes. More recently, his son, Donald Jr., said disclosing his father’s finances would only serve to cause political problems, “because he’s got a 12,000-page tax return that would create financial auditors out of every person in the country asking questions that would distract from Trump’s main message.”
It seems that just about everyone has an opinion on the matter, including fellow billionaire, Mark Cuban. In fact, we recently shared some thoughts from the Dallas Mavericks’ owner in this blog space: click here to read more. Now it seems that Mr. Cuban, who has pledged his support for Hilary Clinton, has more to say about this subject matter. According to the outspoken entrepreneur, not releasing his tax returns is actually one of the smartest things Mr. Trump has done.
As Mr. Cuban sees it, by not making his tax returns public the republican nominee has been able to keep his returns at the forefront of the campaign, thus allowing him to avoid talking about issues that actually matter. So in other words, Mr. Cuban feels that Mr. Trump’s unreleased tax returns are serving as a very effective diversion. Meanwhile, at this point Mr. Trump still has not indicated exactly when, or if, he will release his returns.
Mutual Funds and Tax Benefits
Mutual Funds and Tax Benefits What are the tax benefits available to those who invest in mutual funds? What are the tax liabilities, if any? Since, April 1, 2003, all dividends, declared by debt-oriented mutual funds (i.e. mutual funds with less than 50% of assets in equities), are tax-free in the hands of the investor.…
10 Ways to Cut Your Property Taxes
10 Ways to Cut Your Property Taxes By Paul W. Wilson Property taxes are decided collectively by school boards, town boards, legislators, and councils. The tax rate is set by collating the amount of funds an area needs. This is then divided by the “total taxable” assessed value of the area. The tax an individual…
How Easy is it for Wealthy MLBers to Avoid State Income Tax?
How Easy is it for Wealthy MLBers to Avoid State Income Tax? Spring is here and that means a lot of things to a lot of people. For many, spring means baseball is back, from Little League to the Majors, ball players are back on the diamond hitting homers, striking people out and stealing bases.…