Anonymous wrote:

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.

Agreed.

And, let's not forget that by the end of his 1st term, he will have donated $1,600,000 to various government agencies. He has had no salary during his term.

And yet there are pages and pages of detail that you choose to ignore.

For the sake of argument, let’s say all if this was legal (it wasn’t). He’s still an extraordinarily horrible business man. Maga decided we needed a businessman who would run this country like he runs his businesses. Welp, here we are! Hope you’re happy! The country is now another failed Trump business.

Anonymous wrote:

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.

Agreed.

And, let's not forget that by the end of his 1st term, he will have donated $1,600,000 to various government agencies. He has had no salary during his term.

And how much has he grifted from the American taxpayer by spending time at his money losing golf properties? But sure, look at the $1.6 million in donated salary. You're missing the big picture. You supported a con man, a fraud and some one so indebted (with personal guarantees) that is all but compromised the moment he leaves office. And that's before considering his criminal and legal liabilities related to fraud and other misdeeds both during and prior to his Presidency. You elected the guy on the promise that he was a successful businessman. This proves he is anything but. But then, most of us knew this because he'd been running businesses into the ground at least since the late 80s.

Anonymous wrote:

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.

Agreed.

And, let's not forget that by the end of his 1st term, he will have donated $1,600,000 to various government agencies. He has had no salary during his term.

He has pocketed millions from the presidency. The salary was the tax write-off he needed while he scammed the American people.

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.

Agreed.

And, let's not forget that by the end of his 1st term, he will have donated $1,600,000 to various government agencies. He has had no salary during his term.

Anonymous wrote:Meanwhile, story is ignored on foxnews.com.

This is why we’re screwed, people.

But...but...but...Benghazi.

Meanwhile, story is ignored on foxnews.com.

This is why we’re screwed, people.

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.

Cocaine's a helluva drug. Honorable mention to adderall.

Anonymous wrote:

Anonymous wrote:

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?

There's a paywall. Not everyone can read it.

There are good summaries in every newspaper in the country-you can find something that isn’t behind a paywall

Anonymous wrote:

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.

I would like someone to explain to me how EBITDA is applicable to an individual.

You might have heard that Trump owns businesses.

Just because Trump can’t seem to separate himself from his businesses doesn’t mean that you or I can’t understand that they’re different.

Sure, but his businesses have EBDITDA, which he can certainly quote.

When a financial disclosure asks for how much you personally earned?

Form 278E does not required disclosure of what you "earned" or what your "profit" was. Form 278E requires disclosure of "revenue" (the amount of money received). Whether as a whole it results in "income"or "profit" is another question. And whether that is taxable or not is yet another question.

There is plenty of suspect material here. Whether legal or not is irrelevant. Do you really want a President who is personally beholden to banks (foreign or domestic) to the tune of $300 million dollars? Do you want as a President a person who regularly and repeatedly misleads with respect to his business acumen and financial dealings? An individual who apparently presses the boundaries of the law that while perhaps not criminal certainly goes beyond a good faith argument for the application of the law?

It is very possible that a person/business could generate 500 million dollars and yet have no taxable income. All you have to do is look at Amazon. Years of generating vast revenue all the while generating larger losses. The majority of all businesses do this. Mom and pop restaurant has start up costs and are not profitable for years, if ever.

Stop looking at the flash. It is likely to be nothing. Look in the details. That's where the improprieties occur. Look at the partnership abandonment. The discharge of indebtedness. Personal expenses (though many of you take advantage of this too . . . I am talking about you Yukon drivers and other monster SUV pilots).

I am not an experienced real estate partnership tax professional. I am an international financial transactions tax professional with more than 25 years of experience. I have a decent idea of what I am talking about. Go for the details. That's where the crimes occur.

Anonymous wrote:

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?

There's a paywall. Not everyone can read it.

Anonymous wrote:

I hope Biden wears one of those to the debate. Yes it lacks dignity but it would dominate the headlines

Anonymous wrote:

Yeah. Seriously read it people. Don’t just repeat the Breitbart talking points. Unless you prefer to remain in ignorance like a sheep