Trump's 2005 tax returns revealed on Maddow, raise many new questions

Well, that’s what he’s hoping anyway. With the added bonus of saying his political opponents are sleazy for talking about his “stolen” tax returns. I agree the most likely scenario is that he or someone close to him leaked the returns to help him, but I’m not sure it will actually work out as well as they are hoping.

If this is consistently reported in the way the headline here has it: ‘raise many new questions.’ then this leak might not really help Trump much.

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It’s not really that good a year, though, is it?

He paid what looks like a reasonable percentage on his income purely down to AMT, which he wants to abolish.

The income itself, while exceptionally high for almost anyone, isn’t high for someone as rich (and as great a businessman etc.) as he sells himself as.

Thing is, those of us that would be interested in seeing more and fuller tax returns would never support him anyway, and those those that do support him don’t care.

And really stupid takes, like this:

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I’d lay a small wager that it’s his best year since, say, 2000.

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It pretty much precludes being able to get him to show recent tax returns (run up to election) which may contain income sources (russian money laundering) that he would rather not have to explain. It also distracts quite well.

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Trump has the best years.

(but yeah, I assume this one came out because it put him in the best light of any of the vaguely recent tax returns).

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Super cool. I should have taken more psychology in college. I did take 101 and loved it and the professor.

Too kind, and too true

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Nope not bothered by that at all. Why would I be?

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Yeah it was super great. I had a mix of Philosophy, Psychology, and Computer Science courses. I actually missed the Cognitive Studies major by one course and just graduated with the Philosophy major (it was a “coordinate major” meaning I had to essentially double major) but I still really enjoy the subject.

If you like this, I’d recommend VS Ramchandran’s books. He’s wonderful. My hero.

Here he is on TED

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Income taxes of $35M implies a person making at least $35M! I have a huge problem with that.

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Oh I have problems with that. But that is a different issue than paying taxes. The capitalist world we live in being what it is, there are gonna be some uber wealthy people. However I think they should be taxed like in what the right likes to call the good days at 70%+ of their income. Cause even 30% left over from $150 million is way more money than anyone would need to live well on.

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That’s a good point, a man claiming to have something like $10-12 billion worth should have made a lot more than $150MM in 2005 when things were very good in his industry.

EDIT

Yeah, this was a good search. Cheers for that
https://www.forbes.com/sites/chasewithorn/2017/03/15/in-2005-year-of-uncovered-tax-returns-trump-told-forbes-his-net-worth-tripled/#3210732f6156

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He does a lot of interesting stuff, but he’s a bit similar to Oliver Sacks in that he has a tendency to take a handful of suggestive case studies and spin them into a speculative theory that goes way beyond what the evidence supports. He also has a reputation for being rather dickish to his grad students.

Worth paying attention to, but treat his conclusions with caution.

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Not to mention this is some Dusty Rhodes level of booking.

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My hopes for a Dusty Finish to the election still aren’t over. We’ve just started the bit where the refs are about to speak to the General Manager. :slight_smile:

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I’m hoping more for a Montreal Screwjob myself but a Dusty Finish will do.

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But that’s what’s so fun about him!!

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BTW: have you read Patricia Churchland? She’s a philosopher at UCSD who got bored hanging out with other philosophers, so started lurking around Ramachandran’s crew instead. Her basic schtick is to take philosophical theories about the nature of mind and cognition and test them against modern neuroscience; very cool stuff.

Her books are worth the read, and there’s a good short interview here:

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I have not but…when my Kindle gets back from the shop I will be loading her up with some of this.

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I propose a tax system where you hit about 50% or 60% at 400k and then after that every 10 times your gross income increases, your take home income increases only two times. By this system, Trump’s $150M of income would have left him with about $2.3M take after taxes, which sounds like plenty to me.

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