Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
You are 100% wrong inyour first paragraph. From all accounts, the NOL people are freaked out about relates to Trumps PERSONAL investment in the Taj. It was the only one of his bankruptcies were he had skin in the game. To do the deal, he was required to be personally on the hook for 1 billion. It failed. He learned his lesson.
Beyond that, your post discloses you have heard about a lot of things and have little actual knowledge. That's dangerous.
How do you know he put his own money? Because he said so? Show us credible proof that he put his money down and that is the $1billion loss. Otherwise you are the one without credibility and that makes you a conned trumpkin.
The bankruptcy of the Taj is public record. Feel free to look it up. I am not here to do your work.
The idiot when exposed runs away because it is a lie. It is your job to prove your case otherwise it is a lie. I am not questioning the bankruptcy of trump tajmahal. But it was not his money he lost, it was banks money. Trump in the early1990s was not that rich to loan himself $1Billion. Do some math before you post. It shows your lack of intelligence and critical thinking ability. Bye.
Anonymous wrote:Atlantic City is a dangerous craphole due to democratic policies. How do you draw the public when they don't feel safe?
Anonymous wrote: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.
Those are ALL corps. Trump's PERSONAL deduction in 1995 was 1.9% of NATIONWIDE total.
Anonymous wrote: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.
Taking the deduction isn't the issue. That Donald J Trump, the self made billionaire is neither self made, and probably not a billionaire is the issue. Yes, he didn't pay taxes and live opulently during that period on the backs of every working man and woman in the US who are "not smart" by his definition, is the issue.
Why do the conservatives keep banging the drum as if the tax avoidance is the issue? It isn't and it just makes you look more pathetic when you repeat the likes of Hannity without your own original thoughts.
Anonymous wrote:Anonymous wrote:
You are 100% wrong inyour first paragraph. From all accounts, the NOL people are freaked out about relates to Trumps PERSONAL investment in the Taj. It was the only one of his bankruptcies were he had skin in the game. To do the deal, he was required to be personally on the hook for 1 billion. It failed. He learned his lesson.
Beyond that, your post discloses you have heard about a lot of things and have little actual knowledge. That's dangerous.
You say this as if it were fact and as if it were passive. TRUMP failed. How does one fail in a regulated industry like casinos? You have to be a moron. He over-extended and didn't use sound business practices - something that real business people like Steve Jobs and Warren Buffet do do. And how does he make up for the shattering of Atlantic City? He stiffs his vendors, causes thousands to lose jobs that they had for decades and then declares personal bankruptcy and takes the carryover loss on his personal taxes.
How is that genius? Well I guess it is if you are looking out for yourself, but the way Trump had it set up, he had no responsibility to anyone else - the banks, the plumbers, the housekeeping, or anyone else.
All may be legal, but it isn't Presidential leadership.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
You are 100% wrong inyour first paragraph. From all accounts, the NOL people are freaked out about relates to Trumps PERSONAL investment in the Taj. It was the only one of his bankruptcies were he had skin in the game. To do the deal, he was required to be personally on the hook for 1 billion. It failed. He learned his lesson.
Beyond that, your post discloses you have heard about a lot of things and have little actual knowledge. That's dangerous.
How do you know he put his own money? Because he said so? Show us credible proof that he put his money down and that is the $1billion loss. Otherwise you are the one without credibility and that makes you a conned trumpkin.
The bankruptcy of the Taj is public record. Feel free to look it up. I am not here to do your work.
Anonymous wrote: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.
Taking the deduction isn't the issue. That Donald J Trump, the self made billionaire is neither self made, and probably not a billionaire is the issue. Yes, he didn't pay taxes and live opulently during that period on the backs of every working man and woman in the US who are "not smart" by his definition, is the issue.
Why do the conservatives keep banging the drum as if the tax avoidance is the issue? It isn't and it just makes you look more pathetic when you repeat the likes of Hannity without your own original thoughts.
Anonymous wrote:Anonymous wrote: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.
You are 100% wrong inyour first paragraph. From all accounts, the NOL people are freaked out about relates to Trumps PERSONAL investment in the Taj. It was the only one of his bankruptcies were he had skin in the game. To do the deal, he was required to be personally on the hook for 1 billion. It failed. He learned his lesson.
Beyond that, your post discloses you have heard about a lot of things and have little actual knowledge. That's dangerous.
How do you know he put his own money? Because he said so? Show us credible proof that he put his money down and that is the $1billion loss. Otherwise you are the one without credibility and that makes you a conned trumpkin.
Anonymous wrote: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.
You are 100% wrong inyour first paragraph. From all accounts, the NOL people are freaked out about relates to Trumps PERSONAL investment in the Taj. It was the only one of his bankruptcies were he had skin in the game. To do the deal, he was required to be personally on the hook for 1 billion. It failed. He learned his lesson.
Beyond that, your post discloses you have heard about a lot of things and have little actual knowledge. That's dangerous.
Anonymous wrote:
You are 100% wrong inyour first paragraph. From all accounts, the NOL people are freaked out about relates to Trumps PERSONAL investment in the Taj. It was the only one of his bankruptcies were he had skin in the game. To do the deal, he was required to be personally on the hook for 1 billion. It failed. He learned his lesson.
Beyond that, your post discloses you have heard about a lot of things and have little actual knowledge. That's dangerous.
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: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.
Wait, Hillary is responsible for Amazon now? Really, is there ANYTHING that we do not point at Hillary?
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.