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

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Big nothing, common with real estate

he personally guaranteed 421 million, 100 million coming due in a year. And he has no cash in hand.

He avoided taxes by paying consulting fees of $747,622 to a firm. That same year, according to her financial disclosure, the firm paid Ivanka Trump exactly $747,622. That’s Tax fraud plain and simple!

He went on a buying spree with Apprentice money and got caught in a bind when they money began to dry up. Bad.

ALL THIS. Deny it and you’re just a base, detestable liar.

It’s not tax fraud to pay your kids. Mine are on payroll. I pay consultants as well, many are my friends. If I’m going to pay someone for a service, it might as well be someone I know.

So you pay your kids a salary and a separate consultant fee , because that’s what Donald did

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm guessing a lot of people have never taken depreciation on real estate.

I have. That's a lot of depreciation, but that isn't the only issue on his returns. He has huge debts. This is what I always thought. It just reinforces my belief that he is actually broke on paper, staying just one step ahead his creditors.

Leverage, like depreciation, is part and parcel of anyone who is in real estate. You may as well blame a hokey player for having skates and a stick.

Yeah, I get it. So why did he hide it? You and I both know there only two reasons, one of which has just been confirmed and the other is under investigation by the DA.

Because he knows that ignorant people like many people in this thread would not understand and become useful idiots to Democrats looking to vilify him.

Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.

*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.

People with security clearances don't get to keep their finances private. If you don't know why, then you are a useful idiot.

Only per financial disclosure requirements, which Trump has satisfied as far as I can tell. Aside from those financial disclosures, everyone who has a clearance enjoys privacy of their other financial information. Trump is no different.

[Anonymous]

Anonymous wrote:You lefties know what carried interest means, do the same as 45 yet try to bury him. Sorry, won't work.

What it proves is what we already knew, he's a terrible business man and has lost more than he's actually made.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Big nothing, common with real estate

Paying between $0-750 income taxes is common in real estate? Reaaaally?

Yea, but it's more complicated than that of course. One of the big benefits with investment in real estate is depreciation, which you can manage strategically to minimize tax liabilities. However, you do eventually have to realize the gains. I'm partner in a building project which has been using depreciation to offset gains elsewhere. However, eventually when the building is done and sold, we have the capture and realize all gains, including the deductions we took.

This is all perfectly normal. Anyone who thinks it's a big deal is ignorant.

Then why hasn't he released them if NBD?

As I already answered else where, because there are ignorant people, like the numerous ones on this thread, who would not understand that this is no big deal, and become useful idiots to Democrats looking to hurt Trump.

No. He is a fraud who is up to his eyeballs in debt and is screwed once it is due. As well as when he loses to the IRS. What a fraud. And what losers his supporters continue to be. Pathetic n

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm guessing a lot of people have never taken depreciation on real estate.

I have. That's a lot of depreciation, but that isn't the only issue on his returns. He has huge debts. This is what I always thought. It just reinforces my belief that he is actually broke on paper, staying just one step ahead his creditors.

Leverage, like depreciation, is part and parcel of anyone who is in real estate. You may as well blame a hokey player for having skates and a stick.

Yeah, I get it. So why did he hide it? You and I both know there only two reasons, one of which has just been confirmed and the other is under investigation by the DA.

Because he knows that ignorant people like many people in this thread would not understand and become useful idiots to Democrats looking to vilify him.

Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.

*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.

Trump isn't "a rich person", he's a public servant. And apparently he's not actually rich either.

LOL, okay. Trump is not rich, he is barely middle class, just like the rest of us DCUM working stiffs. Happy?

No. I'm not. Sorry.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm guessing a lot of people have never taken depreciation on real estate.

I have. That's a lot of depreciation, but that isn't the only issue on his returns. He has huge debts. This is what I always thought. It just reinforces my belief that he is actually broke on paper, staying just one step ahead his creditors.

Leverage, like depreciation, is part and parcel of anyone who is in real estate. You may as well blame a hokey player for having skates and a stick.

Yeah, I get it. So why did he hide it? You and I both know there only two reasons, one of which has just been confirmed and the other is under investigation by the DA.

Because he knows that ignorant people like many people in this thread would not understand and become useful idiots to Democrats looking to vilify him.

Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.

*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.

People with security clearances don't get to keep their finances private. If you don't know why, then you are a useful idiot.

Only per financial disclosure requirements, which Trump has satisfied as far as I can tell. Aside from those financial disclosures, everyone who has a clearance enjoys privacy of their other financial information. Trump is no different.

Trump doesn't have a security clearance. He's the president, he is outside of the system.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm guessing a lot of people have never taken depreciation on real estate.

I have. That's a lot of depreciation, but that isn't the only issue on his returns. He has huge debts. This is what I always thought. It just reinforces my belief that he is actually broke on paper, staying just one step ahead his creditors.

Leverage, like depreciation, is part and parcel of anyone who is in real estate. You may as well blame a hokey player for having skates and a stick.

Yeah, I get it. So why did he hide it? You and I both know there only two reasons, one of which has just been confirmed and the other is under investigation by the DA.

Because he knows that ignorant people like many people in this thread would not understand and become useful idiots to Democrats looking to vilify him.

Yup, I'm ignorant, and I vote. Sorry he was afraid to just tell the truth. That's even worse.

*shrug*, I commend you on taking your civic duties seriously. Regardless of how you decide who to vote for, the important things is that you give it some thought and participate in the process. The more people that do this, the less useful idiots there would be. The reason wealthy people who have not broken any laws keep their finances private is for the same reason why lawyers advise innocent people to not talk to the police without representation.

People with security clearances don't get to keep their finances private. If you don't know why, then you are a useful idiot.

Only per financial disclosure requirements, which Trump has satisfied as far as I can tell. Aside from those financial disclosures, everyone who has a clearance enjoys privacy of their other financial information. Trump is no different.

You are misinformed. Trump gets security clearance by virtue of being President- with no financial disclosure. A person like this could never get a clearance otherwise.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Big nothing, common with real estate

he personally guaranteed 421 million, 100 million coming due in a year. And he has no cash in hand.

He avoided taxes by paying consulting fees of $747,622 to a firm. That same year, according to her financial disclosure, the firm paid Ivanka Trump exactly $747,622. That’s Tax fraud plain and simple!

He went on a buying spree with Apprentice money and got caught in a bind when they money began to dry up. Bad.

ALL THIS. Deny it and you’re just a base, detestable liar.

It’s not tax fraud to pay your kids. Mine are on payroll. I pay consultants as well, many are my friends. If I’m going to pay someone for a service, it might as well be someone I know.

Do you pay consulting fees to your employees?

That's irrelevant. The only thing that is relevant is whether she (or her company) was paid the fee for actual services rendered for fair market value. If not, then there "may"be a problem. But since the Tax Reform Act of '86, paying your kids is no longer a real significant tax benefit. This one is a nothing.

I want to know more about the personally guaranteed loans and the discharge of indebtedness income. Those are the biggies.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Big nothing, common with real estate

he personally guaranteed 421 million, 100 million coming due in a year. And he has no cash in hand.

He avoided taxes by paying consulting fees of $747,622 to a firm. That same year, according to her financial disclosure, the firm paid Ivanka Trump exactly $747,622. That’s Tax fraud plain and simple!

He went on a buying spree with Apprentice money and got caught in a bind when they money began to dry up. Bad.

ALL THIS. Deny it and you’re just a base, detestable liar.

It’s not tax fraud to pay your kids. Mine are on payroll. I pay consultants as well, many are my friends. If I’m going to pay someone for a service, it might as well be someone I know.

Do you really think Ivanka is a qualified consultant worth a $747,622? If she is not, then it is most certainly tax fraud.

[Anonymous]

Base won’t care

[Anonymous]

TRUMPIES EXPLAIN HOW HE DEDUCTED IVANKA’s EXACT “CONSULTING FEES” WHILE BEING A COMPANY OFFICER, YOU COWARDS.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Big nothing, common with real estate

Paying between $0-750 income taxes is common in real estate? Reaaaally?

Yea, but it's more complicated than that of course. One of the big benefits with investment in real estate is depreciation, which you can manage strategically to minimize tax liabilities. However, you do eventually have to realize the gains. I'm partner in a building project which has been using depreciation to offset gains elsewhere. However, eventually when the building is done and sold, we have the capture and realize all gains, including the deductions we took.

This is all perfectly normal. Anyone who thinks it's a big deal is ignorant.

Then why hasn't he released them if NBD?

As I already answered else where, because there are ignorant people, like the numerous ones on this thread, who would not understand that this is no big deal, and become useful idiots to Democrats looking to hurt Trump.

Which means it's a big deal.

Only to ignorant people. Trump can't help it if there are ignorant people. What he can do is try to keep his finances private to the extent he can. It's been tough, as you can see.

This is a funny post. I'm not sure if you're actually an accountant or not. But beyond that, I'm not sure if you're a troll or a Republican or just a 12 year old.

The president should try to keep his tax returns private because the public might see them if he published them? That's a ridiculous thing to post.

[Anonymous]

After reading the story, I truly believe that he did NOT want to President. It was just a way to get his name out there. He was going broke and needed a boost.

The article also says that he is personally on the hook for about 500M in loans in 2022. He can't afford to lend his campaign money. He doesn't have any.

[Anonymous]

Tell that to Jared.

[Anonymous]

Anonymous wrote:You lefties know what carried interest means, do the same as 45 yet try to bury him. Sorry, won't work.

Are you really that stupid? He is in debt. A con man. He is using the US govt to try to float his debt and the idiot can’t even get that right.