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

[Anonymous]

Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Putin must be shitting himself

Jared too

I wonder if Jared found out about this before Yom Kippur started this evening....

Jared should skip the holiday. Impossible for him to atone.

[Anonymous]

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

He also committed fraud.

[Anonymous]

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

God, you’re a dupe.

[Anonymous]

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

Ah yes. We all get $72 million IRS refunds that trigger a decade-long audit.

[Anonymous]

Anonymous wrote:I must admit I am amused that the Democrats spent years trying to prove Trump broke laws only for the FBI and Meuller investigations to break laws in their investigations of Trump. And someone broke laws in leaking the Trump taxes to the NYT only to show that Trump didn't break any tax laws either. You may not like the taxes or lack of taxes but he was in compliance of the US tax code. And someone at the DA office in NY definitely did something illegal in the leaking.

Shrugs. Yeah, it's still bad for Trump's persona but I'm more bothered by the hyperpartisan Democrats' willingness to break laws in trying to bring Trump down. I get that you don't like the guy but they've turned themselves into bitter caricatures in the process.

There are a number of things in there that aren’t in compliance with the tax code.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

Ah yes. We all get $72 million IRS refunds that trigger a decade-long audit.

I don't. I guess I'm doing my taxes wrong.

[Anonymous]

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

You obviously haven't read the story. The fact that his businesses are uprofitable is merely embarrassing. He committed fraud.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

Ah yes. We all get $72 million IRS refunds that trigger a decade-long audit.

And we all deduct expenses for our hairstylists.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Putin must be shitting himself

Jared too

I wonder if Jared found out about this before Yom Kippur started this evening....

Jared should skip the holiday. Impossible for him to atone.

I was talking to my dad a few days ago and he joked that the Al Chet (the prayer where you confess to your sins) is not long enough to include all of Jared's transgressions.

[Anonymous]

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

But he did it illegally. You cannot pay an employee as a consultant to reduce your tax liability. That is but one of numerous examples in just this one article.

[Anonymous]

Anonymous wrote:Every self-employed American tries to pay as little Federal income tax as possible. It is not controversial that Trump used massive real estate losses to reduce his tax liability.

I agree 100%. The problem is this:
1. Some of these were illegal (i.e. paying Ivanka as a consultant)
2. He has a lot of debt. This is a conflict of interest with his duties as President. Remember when he pressured the Fed to lower rates?
3. So many years of losses means he is committing fraud or he isn't a good businessman. Either way, he isn't what he claims to be.

[Anonymous]

Is he in millions in debt because of his bulk bronzer purchases?

[Anonymous]

This isn’t a surprise given if he had paid decent taxes he would have released his returns. It will have little effect on the election because his foes know he is a tax cheat and his fans don’t care. And once again the republicans in Congress will disappear.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Trump lied in his financial disclosures.

"In 2018, for example, Mr. Trump announced in his disclosure that he had made at least $434.9 million. The tax records deliver a very different portrait of his bottom line: $47.4 million in losses."

Wonder if PP ever heard of EBIDTA?

Why let facts and accounting get in the way of outrage. People want to be useful idiots, they seek the chance to be one, it validates the purpose of their otherwise meaningless existence.