Page 61 - Deductions News Today

I will be the first to say that i am not big on taxing the wealthy. >> more than they already are. >> more than they already are. i think democrats need to focus on programs that put people on a path to generational wealth instead of putting people on a path to generational poverty. that is the issue i have when were going to tax. you cant tax your way out of the economic crisis that middle americans were lower americans have. you have to find a way to put these people on a path to where they do...

>> well, first of all, both congratulations to your opening and congressman doggett that really lays out a significant case and also to congresswoman alexandria ocasio-cortez who really laid the foundation saying that through a very concise series of questions, that there was a real reason to get the tax returns and financial and bank records of the president. she really laid it out. she also identified some significant witnesses that should be called to congress. having public hearings is very ...

Seen when i was at the senate finance committee were we obtained certain kinds of tax returns where the individuals information was crossed out. we didnt know whose return it was. we just wanted to see what does it look like when you see a certain pattern of deductions and how does this particular real estate deduction work and how is it working in practice. >> yes. >> thats normally what its been for. its a pretty academic exercise. >> thats right. >> this is something very, very different. thi...

How tax law is working. and so the cases that i have seen when i was at the senate finance committee were we obtained certain kinds of tax returns where the individuals information was crossed out. we didnt know whose return it was. we just wanted to see what does it look like when you see a certain pattern of deductions and how does this particular real estate deduction work and how is it working in practice. >> yes. >> thats normally what its been for. its a pretty academic exercise. >> thats ...

Returns worked their way into the investigation. >> well, first of all, both congratulations to your opening and congressman doggett that really lays out a significant case and also to congresswoman alexandria ocasio-cortez who really laid the foundation saying that through a very concise series of questions, that there was a real reason to get the tax returns and financial and bank records of the president. she really laid it out. she also identified some significant witnesses that should be ca...

The investigation. >> well, first of all, both congratulations to your opening and congressman doggett that really lays out a significant case and also to congresswoman alexandria ocasio-cortez who really laid the foundation saying that through a very concise series of questions, that there was a real reason to get the tax returns and financial and bank records of the president. she really laid it out. she also identified some significant witnesses that should be called to congress. having publi...

How tax law is working. and so the cases that i have seen when i was at the senate finance committee were we obtained certain kinds of tax returns where the individuals information was crossed out. we didnt know whose return it was. we just wanted to see what does it look like when you see a certain pattern of deductions and how does this particular real estate deduction work and how is it working in practice. >> yes. >> thats normally what its been for. its a pretty academic exercise. >> thats ...

But if this is true, that would mean that was something that would appear to me that donald trump would have done all the time, if youre willing to lie to a bank once, then youre willing to lie. >> in fact, we know that donald in the past has entered false financial statements. hes hidden records from auditors in my biography, "the making of donald trump," theres the whole hilarious -- dark hilarious, of hiding records to avoid an audit by the city of new york and coming up with stories to hide ...

has with holdings, the with holding tables may have been changed so they didnt realize their net take home pay every week, every month, twice a month, was greater. when its time to file your return and look for a refund, the refund was smaller than they expected. they lost sight of the fact that every week or every month they may have had more net take home pay. depending on where you live in the country, if you relied very heavily on deducting state and local taxes and thats capped at $10,0...

>> dana: new york times firing back at president trump as he slams them on tweuter in response to their reporting that trump asked then acting attorney general matthew whitaker if a u.s. attorney he was close to could oversee the michael cohen probe. trump tweeting today the new york times reporting is false. they are a true enemy of the people. the times responding the phrase enemy of the people is not just false, its dangerous. it has an ugly history of being wielded by dictators and tyrant...