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[–] 102 points 3 months ago (8 children)

Ok - no one has trust in the tax system, my guy. We know it’s mangled beyond recognition.

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  • [+] 78 points 3 months ago* (last edited 3 months ago) (7 children)
  • [–] 8 points 3 months ago (4 children)

    Any tips for the middle class that can help reduce the size of the dick fucking us?

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  • [–] 5 points 3 months ago (1 child)

    Any hobby you have where you someone could reasonably assume you could make money at it can be claimed to be a business and used to deduct expenses from your taxes. Since the Trump tax cut of 2017 you don't even need to create a legal structure for that business anymore. You just literally fill out schedule C as a sole proprietor.

    "Middle class" landlords do this all the time, since they get rent as income they can deduct all their expenses at Lowes et. al., if you keep a garden in the summer and ever sell your produce, even if it's just one tomato, you can deduct gardening expenses, if you own a boat and take people out on charter you can deduct your boat expenses, etc. (Make sure to follow other laws about this, I don't know where you live and just came up with these off the top of my head.) I have even heard of people starting YouTube cleaning channels to teach people who to clean, and now you can reasonably deduct expenses for your cleaning products.

    Also business expenses are "above the line" so this has nothing to do with the standard deduction like charitable donations and mortgage interest do, those are below the line.

    Rule of thumb is there's some length of time you can report losses before the IRS comes sniffing around so if you're not filthy rich you may have to deal with an audit, but it's not illegal to try to start a business and not make money. Word on the street is you can lose money running even a casino and deduct those losses too.

    This is not legal advice, go look it up on your own and don't do anything some random on the internet says

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  • [–] 79 points 3 months ago* (7 children)

    Regardless of "immunity" (which itself likely would be stricken by a court since it is forward-looking and contradicts the law), Todd Blanche, Donald Trump, and anyone else involved in this need go to jail over this "settlement."

    The "settlement" is built on the fiction that Trump has a viable claim, when in fact Todd Blanche and others at the DOJ were given an IRS memo that put them on reasonable notice that it was barred by the statute of limitations. By agreeing to the settlement when Trump is on both sides of the case despite the fact that there isn't a viable claim, Trump, Blanche and all other approving parties are impairing the lawful function of the DOJ, to defraud the IRS, and violating this specific criminal statute (if not many others).

    https://www.justice.gov/archives/jm/criminal-resource-manual-923-18-usc-371-conspiracy-defraud-us

    The statute is broad enough in its terms to include any conspiracy for the purpose of impairing, obstructing or defeating the lawful function of any department of government . . . (A)ny conspiracy which is calculated to obstruct or impair its efficiency and destroy the value of its operation and reports as fair, impartial and reasonably accurate, would be to defraud the United States by depriving it of its lawful right and duty of promulgating or diffusing the information so officially acquired in the way and at the time required by law or departmental regulation.

    18 U.S.C. § 371—Conspiracy to Defraud the United States

    In summary, those activities which courts have held defraud the United States under 18 U.S.C. § 371 affect the government in at least one of three ways:

    1. They cheat the government out of money or property;
    2. They interfere or obstruct legitimate Government activity; or
    3. They make wrongful use of a governmental instrumentality.

    Trump and Blanche are doing all three.

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  • [–] 7 points 3 months ago (2 children)

    To what extent would this sort of thing make them liable for treason?

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  • [–] 8 points 3 months ago

    Well, treason is defined in the constitution as "only [] levying War against [the United States], or [] adhering to their Enemies, giving them Aid and Comfort."

    Arguably a fund set up that is meant to funnel money to J6 insurrectionists or to support right-wing militia groups for a new insurrection is treasonous.

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    [–] 31 points 3 months ago (4 children)

    I'm pretty sure this isn't going to hold up later.

    Under the settlement to resolve Trump’s $10 billion lawsuit over the 2018 leak of his tax returns to The New York Times, the U.S. is “forever barred and precluded” from examining or prosecuting Trump, his sons and the Trump Organization’s current tax filings, according to a one-page document released Tuesday. That was quietly added to an original settlement establishing a $1.8 billion fund to compensate people whom Trump thinks were improperly investigated by the government.

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  • [–] 28 points 3 months ago (1 child)

    The IRS probe revolved around whether Trump doubled-dipped in cutting his taxes, according to a 2024 report by The New York Times and ProPublica — specifically whether he used the same losses from his Chicago skyscraper to cut them twice in future filings, a big no-no.

    What the fuck kind of shit ass reporting is that? "A big no-no"? What are we, fucking toddlers? How about highly illegal and a felony deserving of prison time?

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    [–] 28 points 3 months ago (1 child)
  • [–] 27 points 3 months ago (2 children)

    No billionaire should ever be audited. They should have their taxes done by a team of IRS agents and then have the taxes owed taken directly from their assets. No fancy accounting loopholes, just a bill of what is owed.

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  • [–] 10 points 3 months ago

    I think that if there is a complete replacement of the economic workings in the USA, part of it would involve how taxes are assessed and collected. For the corporations, they shouldn't be responsible for their book-keeping. Instead, the State and Federal governments jointly undertake this duty, assigning their own personnel.

    000

    Each quarter of the year, a coin is flipped. Tails, the State government does the IRS duties, and Heads, it is the Federal. Each of these governments respectively cover exactly half of the year's book-keeping, but the timing and personnel is randomized.

    This helps mitigate corruption, because it randomizes who is looking at a company's finances. Corruption relies on social trust between thieves to not sell each other out for mutual profit, which requires the thieves to figure out who can be worked with. By constantly replacing who they have to work with, the corporations can't create ideal conditions to become corrupt.

    Having the federal and state governments comparing their records also helps keep them from becoming corrupt themselves: They don't want to share the corrupt pie, so all three parties have to agree to be rotten if they want to do shady dealings. That is much harder when there are many loose lips and competing interests to sink ships.

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    [–] 27 points 3 months ago (1 child)

    There was trust in the tax system? Sure pal.

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    [–] 24 points 3 months ago

    The taxation system has been a joke for a long time. When the wealthy get to essentially ignore their responsibilities to society, there isn't much reason for that society to continue hosting them. Our elites, are simply parasites.

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  • [–] 17 points 3 months ago (3 children)

    HAHAHAHAHAHAHA

    TRUST IN THE TAX SYSTEM

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  • [–] 6 points 3 months ago

    Hehe, while I have heard about how the IRS in the US does not have the best reputation, here in Sweden, the tax office is generally considered one of the most trusted institutions by the general population

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  • [–] 5 points 3 months ago* (1 child)

    I mean, time was an undocumented immigrant could file their taxes with the irs and the irs would fight any other government agency that tried to find out which people who filed their taxes were undocumented, because giving away that information destroyed any incentive any undocumented immigrant has to file tax returns or pay taxes. Not filing their returns, that's just a fine. Giving their informaron to immigration? That's a hell of a lot worse than not filing. Someone logic this out for me, should the irs cooperate with criminal investigations or no? It seems to be a violation of someone's right against self incrimination, but of course I'm sure there's scatus case law saying otherwise.

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  • [–] 16 points 3 months ago

    No no no, that's impossible. Of course everybody trust the tax system in USA completely. Trust it to favor the rich. And this case will 100% strengthen that trust.

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  • [–] 15 points 3 months ago

    I think the train carrying trust in the American tax system left the station a looooong time ago….

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  • [–] 15 points 3 months ago

    Oh don't worry, I already had no trust in the tax system.

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  • [–] 14 points 3 months ago (1 child)

    If I sue the IRS for 10 Billion, do I get to not pay taxes also?

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  • [–] 13 points 3 months ago (1 child)

    There was trust in the tax system?

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  • [–] 12 points 3 months ago

    That ship has sailed

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  • [–] 12 points 3 months ago

    Could? I don't trust a fucking thing from the government anymore.

    The country I grew up in is fucking dead.

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  • [–] 10 points 3 months ago

    Just the tax system you say?

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  • [–] 10 points 3 months ago

    It was gone when it was gutted to prevent audits of rich people and DOGE’s decimation of the agency.

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  • [–] 9 points 3 months ago

    No fucking shit. But maybe it will open the eyes of some sleepers, one can hope.

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  • [–] 8 points 3 months ago (4 children)

    I assume this will be challenged and found illegal. Anyone have industry knowledge?

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  • [–] 5 points 3 months ago

    He's done at least a dozen illegal things so far and there's been no repercussions. We're past the days of checks and balances. The foxes were elected to run the hen house and the wolves follow their orders.

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    [–] 7 points 3 months ago

    It seems like right now the corruption in the Supreme Court is what's really fucking up the US.

    If the corrupt individuals were removed, I imagine we might see corrections to the deterioration of the country.

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  • [–] 7 points 3 months ago*

    LOOK AT ME EXPERTS! I DECLARE THAT I AM IMMUNE TO BULLETS, FIRE, EVIL EYE, OVERDRAFT FEES AND CHILD SUPPORT PAYMENT DEADLINES!

    OOOOOO BEWARE EXPERTS! BE SCARED AND SHOCKED!

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  • [+] 6 points 3 months ago
    [–] 5 points 3 months ago

    I don't have to honor any agreement that tool makes with himself. Neither do you.

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  • [–] 5 points 3 months ago

    Yeah the American tax system is my go to in trustworthy systems.

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  • [–] 4 points 3 months ago

    Chomo Caligula needs to hang

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  • [–] 4 points 3 months ago

    “Continue to” undermine

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  • [–] 4 points 3 months ago* (1 child)

    Its funny how he thinks he and his pedo buddies think they are just going to get to walk away with all the shit they stole and a ruling from an institution they debased is going to protect them.

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