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ehrnst

(32,640 posts)
Wed Apr 12, 2017, 11:54 AM Apr 2017

WAPO: There's a quick and easy way to see Trumps tax returns

Paging New York legislature...paging New York legislature...

Trump’s New York state resident income tax returns show his salary, dividends, capital gains, rental real estate income and other income from all sources — including sources outside New York. If Trump fills out a “Resident Itemized Deduction Schedule” — as most high-income individuals in New York do — he also reports his gifts to charity. And if he is using phantom losses from previous years to offset tax on his current-year income, then the New York state return shows that too.

New York’s Department of Taxation and Finance keeps copies of Trump’s state returns from as far back as 1990. Current New York law prohibits state tax officials from disclosing an individual’s returns, but the New York legislature could amend that law to require the state tax authority to post the president’s returns from the past quarter-century on its website. For the sake of evenhandedness, the legislature might apply the same rule to its other elected officials. Gov. Andrew M. Cuomo is unlikely to object: He releases his returns every year, as do the state’s two senators, fellow Democrats Charles E. Schumer and Kirsten Gillibrand.

Federal law does not stand in New York’s way. The Internal Revenue Code prohibits state officials from disclosing a taxpayer’s federal return, but it does not stop New York from disclosing information that Trump reports on his state forms.


https://www.washingtonpost.com/opinions/theres-a-quick-and-easy-way-to-see-trumps-tax-returns/2017/04/11/2765cd38-1b0a-11e7-bcc2-7d1a0973e7b2_story.html
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WAPO: There's a quick and easy way to see Trumps tax returns (Original Post) ehrnst Apr 2017 OP
Seems tp good to ever happen. BSdetect Apr 2017 #1
I hope everyone who is able to DOG this POS does so...just the suggestion asiliveandbreathe Apr 2017 #2
NY residents might want to pass this along to sympathetic statehouse reps... (nt) ehrnst Apr 2017 #3
Mwahahahahahaaa! progressoid Apr 2017 #4
Get them! triron Apr 2017 #5
Wouldn't the state returns show the bulk numbers from the Fed return, also... Wounded Bear Apr 2017 #6
It seems as thought the federal law would require them to delete that info. 7962 Apr 2017 #12
Is he still a "resident" of New York? Calista241 Apr 2017 #7
As of December 31, yes he was a resident of NYC ehrnst Apr 2017 #9
TAX MARCH: April 15th "Trump, release your taxes!" Equinox Moon Apr 2017 #8
Trump will never get his tax reform bill passed panader0 Apr 2017 #10
I truly....... MyOwnPeace Apr 2017 #11
Neat idea tavalon Apr 2017 #13

asiliveandbreathe

(8,203 posts)
2. I hope everyone who is able to DOG this POS does so...just the suggestion
Wed Apr 12, 2017, 12:00 PM
Apr 2017

that NY could legislate discloser of the POS's state tax returns for a quarter century is going to make him go bonkers....

Everyone, everywhere all the time RESIST!

Wounded Bear

(58,598 posts)
6. Wouldn't the state returns show the bulk numbers from the Fed return, also...
Wed Apr 12, 2017, 01:51 PM
Apr 2017

to show how much income was exempt from the state return?

 

7962

(11,841 posts)
12. It seems as thought the federal law would require them to delete that info.
Wed Apr 12, 2017, 05:33 PM
Apr 2017

Since its not legal to disclose the fed return.
I'm sure a lawyer would know.

Calista241

(5,586 posts)
7. Is he still a "resident" of New York?
Wed Apr 12, 2017, 02:13 PM
Apr 2017

Seems to be a pretty easy way out of this is for him to establish residency somewhere else, which probably wouldn't be that hard to do.

MyOwnPeace

(16,917 posts)
11. I truly.......
Wed Apr 12, 2017, 03:54 PM
Apr 2017

hope you are right...............
................but I don't trust the gutless, worthless, Republicons in the House or Senate.

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