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

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Cheer up, Brad.

LOL, you think I'm sad... anyone who knows even simple accounting understands that there is nothing to see here. Without the original documents plus a lot of contextual information, there is simply no conclusion to be drawn and we certainly don't trust NYT to be fair and balanced. So the result is that NYT got nothing more than some innuendos and accusations, which amounts to a hill of beans in front of educated people. And while it does rile up the uneducated (in terms of accounting), the ignorant people have characteristically short attention spans, and this will all be washed away by their new outrage two weeks from now. Terrible timing on the part of NYT.

The people of the United States of America have wanted to see the president's tax returns for 4 years. Why? Not because we're accountants or tax experts but because that's how our country works.

Trump has put up all sorts of disgusting and quasi-legal roadblocks to prevent that. As a lawyer, I'm outraged at his lawlessness and lack of presidential behavior. Maybe you think his accounting is above-board. Please write a letter to the NYT or WaPo or the WSJ and explain all the issues that the NYT article has highlighted. You'll convince some people why it's not actually bad. Maybe.

In sum, this won't go away. Trump's tax returns have been a big deal for years. They won't just fade away.

Oh? Is that a legal requirement? Show me the law.

For a lawyer you seem rather irrational. Why would your professional standing as a lawyer give you any type of authority on presidential behavior? You also seem not particularly attentive to the facts. I have not said this accounting is above-board. No accountant would ever make such a claim. You as a professional opinion-giver should know this. What I've said is that the information shared thus far do not seem out of the ordinary. If we have other information, including original documents, plus contextual documents, along with some analysis, then maybe we will find something that is either incorrect or outright fraud. But we are not there yet, we are far from it.

I'd hate to be paying for your billable hours.

[Anonymous]

I will explain how a person can be an employee and an independent contractor. During the week, Ivanka comes to the office where she works 40 hrs a week. She is an employee. On weekend, she comes to clean the said office as independent contractor, so she gets paid separately.

[Anonymous]

He paid more to hush Stormy Daniels

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just here to point out that depreciation doesn't last forever.

The accountant on this thread has assured me that it does.

He play an accountant on DCUM, he's not actually one in real life.

I think there is more than one "accountant" on this thread. And by "accountant" I mean someone who seems to know the tax/accounting rules around business operations, especially real estate investments.

[Anonymous]

So, if this is no big deal according to trump -lovers, why did trump hide them for so long?

[Anonymous]

Take a second.

Think about all of the sh!t you've heard this thing say and do.

Yet, it is the sitting POTUS. And is leading a quite competitive re-election fight.

Now. Please tell me why you think this revelation about tax crimes is going to make a difference to its faithful?

Let's not get this twisted. This is America.

[Anonymous]

Anonymous wrote:He will lose the election then resign on about December 29 so that Pence can pardon him. Just wait! But the Russians will still come after him over the money he owes them.

Will he suddenly become ill with radiation poisoning?

[Anonymous]

Anonymous wrote:He will lose the election then resign on about December 29 so that Pence can pardon him. Just wait! But the Russians will still come after him over the money he owes them.

And Pence cannot pardon him for state crimes, just federal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Cheer up, Brad.

LOL, you think I'm sad... anyone who knows even simple accounting understands that there is nothing to see here. Without the original documents plus a lot of contextual information, there is simply no conclusion to be drawn and we certainly don't trust NYT to be fair and balanced. So the result is that NYT got nothing more than some innuendos and accusations, which amounts to a hill of beans in front of educated people. And while it does rile up the uneducated (in terms of accounting), the ignorant people have characteristically short attention spans, and this will all be washed away by their new outrage two weeks from now. Terrible timing on the part of NYT.

The people of the United States of America have wanted to see the president's tax returns for 4 years. Why? Not because we're accountants or tax experts but because that's how our country works.

Trump has put up all sorts of disgusting and quasi-legal roadblocks to prevent that. As a lawyer, I'm outraged at his lawlessness and lack of presidential behavior. Maybe you think his accounting is above-board. Please write a letter to the NYT or WaPo or the WSJ and explain all the issues that the NYT article has highlighted. You'll convince some people why it's not actually bad. Maybe.

In sum, this won't go away. Trump's tax returns have been a big deal for years. They won't just fade away.

Oh? Is that a legal requirement? Show me the law.

For a lawyer you seem rather irrational. Why would your professional standing as a lawyer give you any type of authority on presidential behavior? You also seem not particularly attentive to the facts. I have not said this accounting is above-board. No accountant would ever make such a claim. You as a professional opinion-giver should know this. What I've said is that the information shared thus far do not seem out of the ordinary. If we have other information, including original documents, plus contextual documents, along with some analysis, then maybe we will find something that is either incorrect or outright fraud. But we are not there yet, we are far from it.

I'd hate to be paying for your billable hours.

Our government runs on custom, in many ways. Trump doesn't bother to follow the rules laid out by predecessors.

Is that a good thing? Maybe, maybe not. But because so much of his behavior is problematic and because some of his behavior is criminal, probably not. Will his successor follow in his footsteps? Or will we just go back to doing things "the right way" and pretend that the Trump presidency never happened?

We'll find out.

[Anonymous]

[url]

Anonymous wrote:I will explain how a person can be an employee and an independent contractor. During the week, Ivanka comes to the office where she works 40 hrs a week. She is an employee. On weekend, she comes to clean the said office as independent contractor, so she gets paid separately.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Cheer up, Brad.

LOL, you think I'm sad... anyone who knows even simple accounting understands that there is nothing to see here. Without the original documents plus a lot of contextual information, there is simply no conclusion to be drawn and we certainly don't trust NYT to be fair and balanced. So the result is that NYT got nothing more than some innuendos and accusations, which amounts to a hill of beans in front of educated people. And while it does rile up the uneducated (in terms of accounting), the ignorant people have characteristically short attention spans, and this will all be washed away by their new outrage two weeks from now. Terrible timing on the part of NYT.

The people of the United States of America have wanted to see the president's tax returns for 4 years. Why? Not because we're accountants or tax experts but because that's how our country works.

Trump has put up all sorts of disgusting and quasi-legal roadblocks to prevent that. As a lawyer, I'm outraged at his lawlessness and lack of presidential behavior. Maybe you think his accounting is above-board. Please write a letter to the NYT or WaPo or the WSJ and explain all the issues that the NYT article has highlighted. You'll convince some people why it's not actually bad. Maybe.

In sum, this won't go away. Trump's tax returns have been a big deal for years. They won't just fade away.

Oh? Is that a legal requirement? Show me the law.

For a lawyer you seem rather irrational. Why would your professional standing as a lawyer give you any type of authority on presidential behavior? You also seem not particularly attentive to the facts. I have not said this accounting is above-board. No accountant would ever make such a claim. You as a professional opinion-giver should know this. What I've said is that the information shared thus far do not seem out of the ordinary. If we have other information, including original documents, plus contextual documents, along with some analysis, then maybe we will find something that is either incorrect or outright fraud. But we are not there yet, we are far from it.

I'd hate to be paying for your billable hours.

And yet, you demanded Obama prove he was a US born citizen because Trump spouted other lies, despite zero legal obligation for Obama to produce said evidence.

[Anonymous]

Anonymous wrote:

Anonymous wrote:He will lose the election then resign on about December 29 so that Pence can pardon him. Just wait! But the Russians will still come after him over the money he owes them.

Will he suddenly become ill with radiation poisoning?

I was just thinking this could happen

[Anonymous]

Didn't we learn this years ago?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Such as...

By the way, you still don't have the documents. You have purported documents from an anonymous source, released at a time not for journalistic inquiry, but to hurt Trump's election. This is a fabricated hit job.

This would be incredibly easy for Trump and his campaign to refute. They could release his tax returns. But Trump just said he won't do that. They could send them on to a trusted buddy at the WSJ editorial board or somewhere who could write a response article refuting the NYT article. But they won't do that because... Do you know why?

Haha, why would he need to refute anything? It's perfectly clear from this thread that only the ignorant are angry about this. It's not Trump's job to teach people basic principles of business taxes and accounting, especially related to real estate investments.

If you are a seeker of truth, why not heed the advice of people who obviously know more about taxes and real estate investments than you. Why continue to wallow in your outrage, instead of taking a moment to educate yourself. I thought Democrats valued the advice of experts.

I've asked multiple times how Ivanka can be paid as an employee and a contractor and no one has answered. Please educate me!

The situation is unusual, but I can certainly imagine instances where it is done. For example, if a person has a normal employee job with a company as an accountant, performing work as directed by the company, but also works as a contractor for recruitment - referring new hires by reading/understanding the job requirements but looking for matching candidates using their own methods and determining their own work schedule, in their own separate workspace.

There is nothing in law that specifically says that a person cannot be both an employee and a contractor when doing very different tasks. However, for doing the same set of work, a person is either an employee or a contractor, but not both. In this situation, we don't know what the nature of work is.

[Anonymous]

Anonymous wrote:I will explain how a person can be an employee and an independent contractor. During the week, Ivanka comes to the office where she works 40 hrs a week. She is an employee. On weekend, she comes to clean the said office as independent contractor, so she gets paid separately.

Lol. I love how the accountants on this thread refuse to cite any tax code and then post crap like this and complain about the uneducated. I'm educated enough to know this is BS.