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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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."

:shock:[/quote]

Wonder if PP ever heard of EBIDTA?[/quote]

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. [/quote]

Cheer up, Brad. [/quote]

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. [/quote]

[b]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. [/b]

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.  [/quote]

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. [/quote]

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