The BIG ONE: 20 years of Trump taxes obtained by NYTs

[Anonymous]

Anonymous wrote:

Anonymous wrote:I really am ignorant here so asking in good faith.

I am sure Trump is being sleazy and dishonest - that is a given. But why does the tax code allow those with large real estate holdings to play these games? What’s in it for Uncle Sam? I can usually understand the arguments even when I disagree with them for most things in the tax code. But this one I don’t get.

Because tax law is written by rich people for rich people.

+1 Similar to the tax cuts for rich people.

Study from London School of Economics looked at whether tax cuts help the economy. Big surprise (not), it doesn't.

https://www.theguardian.com/commentisfree/2020/dec/20/joe-biden-trickle-down-economics-build-up

I posted on here last year about how tax cuts to businesses don't actually translate to more jobs and higher wages because I saw it play out for 20 yrs in the private sector . These tax cuts do one thing: enrich the already wealthy.

[Anonymous]

[Anonymous]

Anonymous wrote:

DP here with more context for the above - Trump is suing Mary, the NYT, and the three individual NYT reporters for a hundred million dollars.

[Anonymous]

Didn't he already sue Mary for violating the confidentiality agreement, and then lose that suit? Is this somehow different because he's including people who weren't even party to the agreement that wasn't violated?

[Anonymous]

Anonymous wrote:Didn't he already sue Mary for violating the confidentiality agreement, and then lose that suit? Is this somehow different because he's including people who weren't even party to the agreement that wasn't violated?

Technically I think Robert Trump sued her and Simon & Schuster but then he died. The judge did allow her book to be published and I’m not sure what else would have come out of that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

DP here with more context for the above - Trump is suing Mary, the NYT, and the three individual NYT reporters for a hundred million dollars.

Every time I read this I think of Dr. Evil saying how much money he wants. Ha.

[Anonymous]

[Anonymous]

Anonymous wrote:

It is just desperation.

Trump’s best hope at escaping all his legal troubles is the sweet release of death. I’m guessing at least one of the many, many, many lawsuits and investigations into that orange streak will catch him before his natural death does.

[Anonymous]

thoughts and prayers

[Anonymous]

“Accountant Donald Bender… appeared before a grand jury to weigh potential crimal charges... in addition, in recent weeks prosecutors have interviewed Rosemary Vrablic, a former managing director at Deutsche Bank who arranged hundreds of millions of dollars in loans to Trump”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I really am ignorant here so asking in good faith.

I am sure Trump is being sleazy and dishonest - that is a given. But why does the tax code allow those with large real estate holdings to play these games? What’s in it for Uncle Sam? I can usually understand the arguments even when I disagree with them for most things in the tax code. But this one I don’t get.

Because tax law is written by rich people for rich people.

+1 Similar to the tax cuts for rich people.

Study from London School of Economics looked at whether tax cuts help the economy. Big surprise (not), it doesn't.

https://www.theguardian.com/commentisfree/2020/dec/20/joe-biden-trickle-down-economics-build-up

I posted on here last year about how tax cuts to businesses don't actually translate to more jobs and higher wages because I saw it play out for 20 yrs in the private sector . These tax cuts do one thing: enrich the already wealthy.

Tax cuts buy the baseline, meaning almost all of the cuts subsidize things that businesses and investors were already doing. Nobody starts a new project or hires more people just to get a portion of the cost subsidized, but everyone will tweak the things they are already doing in order qualify for the subsidy. Every tax “incentive” is counterproductive that way.

[Anonymous]

For a dude who said he would readily release his taxes after the “audit” was completed, he certainly continues to expend a lot of resources to NOT release them…

[Anonymous]

Anonymous wrote:For a dude who said he would readily release his taxes after the “audit” was completed, he certainly continues to expend a lot of resources to NOT release them…

Just one of the many lies that his supporters conveniently ignore…

[Anonymous]

Anonymous wrote:

Anonymous wrote:For a dude who said he would readily release his taxes after the “audit” was completed, he certainly continues to expend a lot of resources to NOT release them…

Just one of the many lies that his supporters conveniently ignore…

They don’t just ignore it, they get shouty and gaslight us when it’s brought up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:For a dude who said he would readily release his taxes after the “audit” was completed, he certainly continues to expend a lot of resources to NOT release them…

Just one of the many lies that his supporters conveniently ignore…

They don’t just ignore it, they get shouty and gaslight us when it’s brought up.

the base doesn't care because he was gonna build a wall.