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

[Anonymous]

Anonymous wrote:From the time he refused to release his taxes in the 2016 campaign, we really knew this all along, didn't we? And yet, his supporters continued to support him, and they still will. Just like after the grab 'em tape broke, they still support him.

Yep. All the little sheep follow their shepherd to the slaughter.

[Anonymous]

Really, really good thread here adding up all of Trump’s debt. Dan Alexander is Forbes’ version of David Fahrenthold.

[Anonymous]

Another good #theresalwaysatweet

[Anonymous]

Anonymous wrote:Another good #theresalwaysatweet

Yup. Why is Trump providing revenue to India, Panama and Philippines while starving the country he leads?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Just think what this fitfullness and lack of sleep is going to do to Trump's "debate prep."

Eh. Trump is a short sleeper, he only sleeps a couple hours a night anyway. He doesn't need a restful sleep, unlike most people.

Yup. And he’s always so coherent and thoughtful so clearly it doesn’t harm him.

[Anonymous]

At the end of the day, what does this information about Trump’s tax returns actually do? NOTHING. It simply confirms suspicions and speculations that have been circulating for years. It’s not going to change many if any minds at the ballot box.

[Anonymous]

Anonymous wrote:At the end of the day, what does this information about Trump’s tax returns actually do? NOTHING. It simply confirms suspicions and speculations that have been circulating for years. It’s not going to change many if any minds at the ballot box.

I’m not sure about that. Even people I know who are Independents and pretty low information voters are annoyed that Trump didn’t release his tax returns and is probably a tax cheat. Having confirmation of that (and that he paid 0$ in federal taxes for 15 years while owning multiple homes and a gold toilet) in the time of Depression level unemployment is going to make many of them mad. I can see the Biden ads now “billionaire Donald Trump paid zero taxes for 15 years and his number one priority as President was to cut taxes for the ultra rich...why is he representing only billionaires while Regular Americans suffer?”

[Anonymous]

Anonymous wrote:As an accountant I am not surprised by this number at all. He has lost a lot of money on a lot of businesses. Without more detail, the $750 has very little meaning. It's just being dropped to get people outraged

+1.
Another accountant here.

[Anonymous]

Anonymous wrote:

Anonymous wrote:As an accountant I am not surprised by this number at all. He has lost a lot of money on a lot of businesses. Without more detail, the $750 has very little meaning. It's just being dropped to get people outraged

+1.
Another accountant here.

Either of you know a good attorney?

[Anonymous]

Not a Trump supporter by a long shot. But as a CPA, I'd want to see the actual tax returns. $750 tells me nothing. He may have been taking deductions that are allowed according to the U.S. tax code. Show us the actual returns.

[Anonymous]

[Anonymous]

Anonymous wrote:Not a Trump supporter by a long shot. But as a CPA, I'd want to see the actual tax returns. $750 tells me nothing. He may have been taking deductions that are allowed according to the U.S. tax code. Show us the actual returns.

As a CPA, you’re probably aware of the potential legal pitfalls of claiming massive losses to avoid paying federal income taxes while inflating your revenues and assets on bank documents for loan purposes. Wouldn’t you tell your client that constitutes fraud?

[Anonymous]

Anonymous wrote:Not a Trump supporter by a long shot. But as a CPA, I'd want to see the actual tax returns. $750 tells me nothing. He may have been taking deductions that are allowed according to the U.S. tax code. Show us the actual returns.

Agreed but the $73 million fight over a refund with the IRS doesn't look good. You the his consulting dealings with his daughter and taking deductions on that summer home are way in the wrong. That said, most people don't get the carry forward.

[Anonymous]

Anonymous wrote:Not a Trump supporter by a long shot. But as a CPA, I'd want to see the actual tax returns. $750 tells me nothing. He may have been taking deductions that are allowed according to the U.S. tax code. Show us the actual returns.

$750 says Trump pays less in taxes than most working Americans.

The NYTimes article says his businesses are not profitable, that some of his deductions are legally dubious, and that he is in massive amounts of debt. You had time to post here but not enough time to read the article?

[Anonymous]