Hillary pays her full taxes...does Trump?

[Hermit For Peace]

http://www.politicususa.com/2016/08/18/clintons-pay-high-tax-rate-hillary-proposes-raising.html

Say what you will about the Clintons, but they do pay their taxes. And it's a high rate: 34.2%.

They don't try to wiggle out of paying their taxes. They paid 3.6 million in 2015.

Does anyone who backs Trump know what he pays? I don't think so. Nobody does because he won't disclose. But you can bet he doesn't pay near what the Clinton's do.

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That should get a bunch of kudos from the American public, but do they even know or care? Or are they too busy bashing the Clinton's for all the minor things that don't mean a hill of beans in the end?

[Hermit For Peace]

Here's a quote from the link above in my original post. For those who think Hillary is in the pocket of Wall Street bankers, well think again. If her tax proposal goes through, her and Bill's taxes will go up up up.

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Something to think about during all the Clinton bashing. They do some things in exemplary fashion, indeed.

[Hermit For Peace]

Comparing Trump's taxes to Hillary Clinton's taxes is like comparing apples and oranges.

Trump's wealth comes from real estate, which appreciates in value, but does not get taxed until it's sold.

Hillary and Bill generally generate income from giving speeches, etc., which get taxed at an ordinary income rate.

Most people can't appreciate the difference between the two, which is why I am NOT shocked that Trump hasn't released his tax returns.

Did you miss this part:

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Can you say that about Trump?

[Hermit For Peace]

While I dislike Trump, I don't see the big deal with tax returns. Why are they even really necessary to release?

I mean sure good for the Clintons if they want to release them and good that they aren't dodging their taxes. I commend them for that. But I don't really care if Trump doesn't release his. He is a horrible candidate in general and releasing them will make no difference.

More than spotlighting Trump's lack of transparency with his taxes, I was attempting to highlight something positive that the Clinton's have done, in the midst of all the accusations about everything that people think is wrong with them. The Clintons have done a lot of good for our country, but you'd never know it by all the negative press they constantly get, which is very tiring.

[Hermit For Peace]

Here's another thought about releasing taxes. If someone knows they are going to run for President, then perhaps they will be motivated to conduct themselves financially in a responsible way in the years following up to their bid for the WH. Maybe it will keep them walking the straight and narrow....

Unless you are Trump, of course.

[Hermit For Peace]

Comparing Trump's taxes to Hillary Clinton's taxes is like comparing apples and oranges.

Trump's wealth comes from real estate, which appreciates in value, but does not get taxed until it's sold.

Hillary and Bill generally generate income from giving speeches, etc., which get taxed at an ordinary income rate.

Most people can't appreciate the difference between the two, which is why I am NOT shocked that Trump hasn't released his tax returns.

Did you miss this part:

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Can you say that about Trump?

Because very few "tax dodges" are available when you generate income as opposed to create wealth. There's a huge difference. The tax code favors investment over income generation.

Of course Trump uses tax dodges, to the fullest extent the law allows. And I am certain that the Clintons, who itemized their donated underwear back in the day, or any rational taxpayer would do the same thing.

What seems to be the case for the Clinton's, to their credit IMO, is that they invest their money in their charity organization which has helped a lot of people over the years, rather than "creating income through investment" -- as you say -- and then dodging taxes like Trump does.

I find what the Clinton's do very commendable, whereas what Trump does...not so much.