Anonymous wrote:Anonymous wrote:So basically because he was a horrible businessman, he took a 900 Million loss and has been amortizing it for decades in tax avoidance.
So we are all chumps for paying our 30% or whatever while he freeloads on the government and then bases his campaign on poor government and his business acumen.
Ya, he's smart.
Asshole.
Where's your outrage for the TRILLIONS Google, Facebook, Exxon, Amazon, General Electric, etc. dodge? Trump is small potatoes.
Anonymous wrote:The big issue here is that TRUMP borrowed from the banks and then defaulted on his loans thus screwing the banks NOT himself. Then he used the debt money that was defaulted as loss and carried over the loss for 15years offsetting any taxes. This is a big loophole. It is one thing to lose your money and claim loss. It is another thing to lose the banks money and claim loss on your tax returns, which is what Trump has done repeatedly. My bet is he has never paid taxes for over 3 decades.
It may not be illegal BUT it is a tax code that favors the rich and discriminates the average American. Because Rich people setup S-corps and they borrow in the S-corps name. When things don't go well they shut down the S-corp BUT they are not affected. So it's like the avg man should buy a home on S-Corp, never pay the mortgage, dissolve the S-Corp and then take the loss personally to offset tax payment. Can we do that? Of course not. Then why should the rich guys do it?
Now Trump wants to make the system even more favorable to the rich by giving himself tax cuts and drop estate taxes that benefits himself, Not the other 99%. He is boorish, misogynist, narcissistic Idiot. All of that are disqualifying by themselves. But he is a moocher that sucks every system dry by gaming the system in all possible ways. He is running for president to totally control the system for himself. Wake up America.
Anonymous wrote:The big issue here is that TRUMP borrowed from the banks and then defaulted on his loans thus screwing the banks NOT himself. Then he used the debt money that was defaulted as loss and carried over the loss for 15years offsetting any taxes. This is a big loophole. It is one thing to lose your money and claim loss. It is another thing to lose the banks money and claim loss on your tax returns, which is what Trump has done repeatedly. My bet is he has never paid taxes for over 3 decades.
It may not be illegal BUT it is a tax code that favors the rich and discriminates the average American. Because Rich people setup S-corps and they borrow in the S-corps name. When things don't go well they shut down the S-corp BUT they are not affected. So it's like the avg man should buy a home on S-Corp, never pay the mortgage, dissolve the S-Corp and then take the loss personally to offset tax payment. Can we do that? Of course not. Then why should the rich guys do it?
Now Trump wants to make the system even more favorable to the rich by giving himself tax cuts and drop estate taxes that benefits himself, Not the other 99%. He is boorish, misogynist, narcissistic Idiot. All of that are disqualifying by themselves. But he is a moocher that sucks every system dry by gaming the system in all possible ways. He is running for president to totally control the system for himself. Wake up America.
Anonymous wrote:
I see Hillary supporters making excuses for Amazon taking the exact same deduction. Amazon lost a lot of money on eCommerce for 20 years. How many mom and pop shops can survive running a loss for 20 years? It's not technology that Amazon crushes competition. It's the no sales tax for many years and artificially low prices due to big operating losses.
Anonymous wrote:
I see Hillary supporters making excuses for Amazon taking the exact same deduction. Amazon lost a lot of money on eCommerce for 20 years. How many mom and pop shops can survive running a loss for 20 years? It's not technology that Amazon crushes competition. It's the no sales tax for many years and artificially low prices due to big operating losses.
Anonymous wrote:
Is Amazon running for president?
no, not yet at least
But it is a monopoly that has helped to destroy small businesses. Look at bookstores. What's left? B&N - for now- which has a strong online presence
So I don't understand your thinking. I hate Hillary as much as I hate Trump. However, with regard to business, Trump will represent the very loopholes that allow monopolies to flourish.
So this tit for tat response is just hot air and faulty logic.
Or perhaps it's an ironic response???
Anonymous wrote:Anonymous wrote:Anonymous wrote:
Is Amazon running for president?
no, not yet at least
But it is a monopoly that has helped to destroy small businesses. Look at bookstores. What's left? B&N - for now- which has a strong online presence
So I don't understand your thinking. I hate Hillary as much as I hate Trump. However, with regard to business, Trump will represent the very loopholes that allow monopolies to flourish.
So this tit for tat response is just hot air and faulty logic.
Or perhaps it's an ironic response???
I don't understand these kinds of responses.. blaming companies for taking over an industry. I bet you buy stuff from amazon all the time, and you comparison shop for prices on amazon with other stores. Most of us aren't so wealthy that we can buy without looking at the price. Even Trumpsters probably buy mostly based on price. As Trumpsters stated, who in their right mind would want to pay more in taxes; well, who in their right mind would want to pay more for something when they can get the same exact thing cheaper. Heck, even Trump agrees with that logic, and that's why he hires foreign workers and outsources his manufacturing. Think about that for a minute or two.
Lots of people, me included, try to buy locally or small and avoid Amazon as much much as possible. I think our entire household has made two purchases there in the last year.
Anonymous wrote:Anonymous wrote:
Is Amazon running for president?
no, not yet at least
But it is a monopoly that has helped to destroy small businesses. Look at bookstores. What's left? B&N - for now- which has a strong online presence
So I don't understand your thinking. I hate Hillary as much as I hate Trump. However, with regard to business, Trump will represent the very loopholes that allow monopolies to flourish.
So this tit for tat response is just hot air and faulty logic.
Or perhaps it's an ironic response???
I don't understand these kinds of responses.. blaming companies for taking over an industry. I bet you buy stuff from amazon all the time, and you comparison shop for prices on amazon with other stores. Most of us aren't so wealthy that we can buy without looking at the price. Even Trumpsters probably buy mostly based on price. As Trumpsters stated, who in their right mind would want to pay more in taxes; well, who in their right mind would want to pay more for something when they can get the same exact thing cheaper. Heck, even Trump agrees with that logic, and that's why he hires foreign workers and outsources his manufacturing. Think about that for a minute or two.
Anonymous wrote:
Is Amazon running for president?
no, not yet at least
But it is a monopoly that has helped to destroy small businesses. Look at bookstores. What's left? B&N - for now- which has a strong online presence
So I don't understand your thinking. I hate Hillary as much as I hate Trump. However, with regard to business, Trump will represent the very loopholes that allow monopolies to flourish.
So this tit for tat response is just hot air and faulty logic.
Or perhaps it's an ironic response???
Anonymous wrote:Anonymous wrote:This editorial by Ron Insana of CNBC nails it:
http://www.cnbc.com/2016/10/03/im-calling-bs-on-the-whole-genius-spin-on-trumps-taxes-commentary.html
No. It doesn't. It is shrill fear-mongering designed to pander to the under-educated liberal cohort. It relies on speculation that has zero basis in fact or law and has not one shred of accuracy to it.
Trashing Trump is like shooting dead fish in an empty barrel. To subscribe to shrieking like this undercuts the legitimacy of th every accurate attacks on Trump.