Quote:
Originally Posted by Senator Clay Davis
The trap is to sensationalize that they "had something meaningful", when what they had was a massive waste of time that only served to make Trump look better.
|
How does the 2005 tax return make Trump look better?
His taxable interest v. tax-exempt interest numbers, his qualified dividends v. ordinary dividend numbers, and his capital gain numbers suggest that he isn't a particularly astute investor.
His itemized deduction amount leaves one to wonder what it is comprised of (surely it isn't a bunch of charitable donations!), and if he rolled property taxes into that amount (which leads one to wonder why they weren't deducted from his business income line-item number).
His excess social security contribution suggests that he was working (at least) two jobs. What multi-billionaire needs to work two jobs?
His non-wage/interest/dividend income suggests that he was running his business(es) as if they were sole proprietorship(s), which in turn suggests that he took on some potentially significant legal liabilities (yet he claims that he has never
personally filed for bankruptcy).
All in all, his return makes him look like a simpleton, with little forethought to arranging his affairs to produce maximum return with minimal loss at a later date. Instead, all he cares about it is the here and now.