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Boogiemack

(1,406 posts)
Mon Sep 28, 2020, 01:29 PM Sep 2020

IF The Feds don't make an example out of Trump, the IRS is going to catch hell collecting taxes

from people, especially from his base. I can foresee most of them trying to get away with what their dear leader does. Revenues for the next few years will be severely down and either cause Biden to have to cut those most needed social safety programs or raising taxes on those of us who still have jobs. Otherwise, the military, law enforcement, and all federal programs will have to be severely cut. That means our GDP will get whacked. Many people do not realize that cutting the feds will hurt their local economies more than they think. It's all a vicious circle that only the very wealthy escape.

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IF The Feds don't make an example out of Trump, the IRS is going to catch hell collecting taxes (Original Post) Boogiemack Sep 2020 OP
Excellent point! Cracklin Charlie Sep 2020 #1
Precedent. C_U_L8R Sep 2020 #2
This occurred to me as well Cirque du So-What Sep 2020 #3
This fits in nicely with the goal of shrinking government. NT enough Sep 2020 #4
ALL taxpayers who make over $100 mIllion should be audited...... RicROC Sep 2020 #5
Trump sets a bad example for crime in general. chriscan64 Sep 2020 #6
K&R, I know people who deal with taxes the bigger scandal is why the IRS let Red Don get away with uponit7771 Sep 2020 #7

Cracklin Charlie

(12,904 posts)
1. Excellent point!
Mon Sep 28, 2020, 01:34 PM
Sep 2020

I think they need to be reminded of the consequences of inaction against this KNOWN tax cheat.

Cirque du So-What

(25,708 posts)
3. This occurred to me as well
Mon Sep 28, 2020, 01:37 PM
Sep 2020

I expect that the Treasury already loses close to $500B due to nonfiling, underreporting, and underpayment. I hope the first wave of blatant scofflaws is dealt with swiftly and efficiently.

RicROC

(1,201 posts)
5. ALL taxpayers who make over $100 mIllion should be audited......
Mon Sep 28, 2020, 05:08 PM
Sep 2020

on a regular basis, as a matter of course during any 3 year cycle.

chriscan64

(1,789 posts)
6. Trump sets a bad example for crime in general.
Mon Sep 28, 2020, 05:19 PM
Sep 2020

Accused of something? Just say you didn't do it. Owe money? What money? Problem is regular working stiffs don't have the Attorney General running interference.

uponit7771

(90,164 posts)
7. K&R, I know people who deal with taxes the bigger scandal is why the IRS let Red Don get away with
Mon Sep 28, 2020, 05:51 PM
Sep 2020

... this for so long.

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