Trumps Taxes

jamiche

Well-known member
Joined
Nov 13, 2008
Messages
22,385
Reaction score
2,470
Points
113
So is your accusation that .....
A- You think the returns are inaccurate the IRS despite annual audits of him cannot figure it out?

Or

B- Do you think he is a stupid dotard who loses money every year?

Or

C- Due you think he is smart and he is raking in tons of "revenue" every year? :) :)

Or

D- Do you just hate Trump and have a severe case of TDS and have no clue about his finances?

I am going with D here.

The answer is E.
Donald has been contesting his audits and dragging this out for years like he does with every other legal mess, beggar. He can't repay the $100M the IRS is demanding, so he is delaying, delaying and delaying. Your Messiah is Dead. Ass. Broke.

He never was a billionaire. Secondly, if you have $100M in assets and $150M in liabilities, you are broke. Even a trump supporter can figure that out. If you have revenue of $100M/year and expenses of $150M/year, you are broke. Even a trump supporter can figure that out. Paper losses and real losses do eventually become one. (That one's a little tougher for trump supporters to understand. Ask one of us evil commie socialists to help you figure it out.)

Donald is trying to take our country down with him and we aren't going to let that happen.
 

Donovan

Well-known member
Joined
Nov 20, 2008
Messages
3,923
Reaction score
578
Points
113
I read the NY Times piece, and it is quite interesting, and I’m not going to dismiss everything in it. I’m sure there are some inaccuracies, but, would I be surprised if the bulk of it is accurate? Nope. Trump did the same thing they are insinuating in the piece, that he has over leveraged himself and is basically broke. If that’s true, the reporting on Trump’s net worth are all completely wrong. I’ve read estimates around $3B. If he has $440M in debt, that isn’t a big deal even if his net worth is around $2B. If the article is accurate, they are saying most of his assets are under water.

There are many of us who are voting for Trump for reasons that far surpass the flawed man. I view Trump as a tool for achieving these items: judicial appointments, not just SCOTUS picks, but hundreds of federal judges (this will matter for decades), massive deregulations that have helped businesses, staunch defender of religious freedom, Middle East peace prospects, bringing troops home, and more. I think Pence is the reason for a lot of the achievements.

I also view him as a bulwark to the far left that has taken over the Democratic Party. Sorry, I fear Biden is simply a Trojan horse for the left. This is the best you could come up with?! And Kamala Harris, the most liberal/progressive senator as a running mate? If Biden were to win, and he truly runs a moderate administration and Republicans keep the senate, I won’t be that upset.

My dream scenerio is Trump starts to believe the polls are accurate that he will lose. He can’t conceive of losing to sleepy Joe. He convinces himself that he can save his image by stepping aside for the good of the country. Pence leads the ticket with Tim Scott as the running mate to be named. Do I believe this will happen? Barring divine intervention, no chance.
 
Last edited:

GopherJake

Well-known member
Joined
Mar 21, 2009
Messages
18,128
Reaction score
2,008
Points
113
Interesting post, Donovan. Appreciate the honest sharing.
 

Gopher_In_NYC

Well-known member
Joined
Apr 19, 2010
Messages
4,300
Reaction score
2,931
Points
113
So is your accusation that .....
A- You think the returns are inaccurate the IRS despite annual audits of him cannot figure it out?

Or

B- Do you think he is a stupid dotard who loses money every year?

Or

C- Due you think he is smart and he is raking in tons of "revenue" every year? :) :)

Or

D- Do you just hate Trump and have a severe case of TDS and have no clue about his finances?

I am going with D here.

Who has ever verified his claim that he is audited every year under oath?. To my knowledge the IRS doesn't publicly comment on audits. Again, he said in 2016 that he would release his returns to the public and still hasn't - how come, what's he hiding???

Oh, know we're starting to get a clearer picture.

The IRS isn't a cauldron of great thinkers in my experience - you make much more in the private sector. And A good aggressive tax attorney can fin ways to move around the numbers - and if you don't think those guys can be unethical, then you don't know much about lawyers. Gee, I wonder if Trump's tax attorney might be shady? It's a rhetorical question BTW,

I don't think he's intelligent, but he is a smart conniver and expert at branding himself to people such as yourself who dream aspire to that phony image. He is good.

I'll go with


F - he ain't anywhere remotely worth the 10 Billion he claims.

The Forbes article posits he made $470 million in profit off the $1.9 billion in revenue for the years of 2017-2019 - so yeah I thinks he a tax cheat.

Can't wait for more of your brilliant insights on election night _I'm shuddering thinking about it now.

Goodnight Blinky -

1601265076407.png
 

KillerGopherFan

Well-known member
Joined
Nov 15, 2013
Messages
19,564
Reaction score
2,798
Points
113
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Russia collusion
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Ukraine QPQ
Trump-Taxes scandal
Trump-Taxes scandal
Trump-Taxes scandal...
 

John Galt

Well-known member
Joined
Aug 28, 2011
Messages
10,606
Reaction score
1,642
Points
113
zmDMMDQ.jpg
The fact that the journalist claims “he has lost chunks of his fortune even before depreciation is figured in” tells me all I need to know about the journalist. Depreciation helps investors, you don’t lose chunks of your assets because of it. We have journalists who are writing about things they don’t understand, which was always going to be the case.
 

John Galt

Well-known member
Joined
Aug 28, 2011
Messages
10,606
Reaction score
1,642
Points
113
This explanation only flies if the company owns one property. Yes, in year 1, you might have a large amount of bonus depreciation and show a loss. But in years 2+ you will make more because the depreciation is lower. Someone with a yuge real estate empire would not be showing losses because they would have mature properties producing far more income than they would lose on the 1-2 new properties each year.

Any one year could be an exception to this of course. But if you're showing losses or no income year after year you're either a tax cheat or a bankrupt moron. Period.
Completely wrong. Go to the amateur board with Stocker.
 

Wally

Well-known member
Joined
Dec 15, 2016
Messages
7,487
Reaction score
3,618
Points
113
The fact that the journalist claims “he has lost chunks of his fortune even before depreciation is figured in” tells me all I need to know about the journalist. Depreciation helps investors, you don’t lose chunks of your assets because of it. We have journalists who are writing about things they don’t understand, which was always going to be the case.

Your reading comprehension isn't very good. They said he was in the red before factoring in depreciation, the reason they differentiate is because depreciation is good, losing money before depreciation is bad of your in real estate. Its why he never pays taxes, he is carrying over so much depreciation. Ideally you would be in the green then depreciation brings you to zero. Then you are maximizing your capital.

Taking loses on a property, covering those with profit from another property while piling up carried over depreciation losses over years is bad business.

Feel free to correct me..
 
Last edited:

Gopher_In_NYC

Well-known member
Joined
Apr 19, 2010
Messages
4,300
Reaction score
2,931
Points
113
Your reading comprehension isn't very good. They said he was in the red before factoring in depreciation, the reason they differentiate is because depreciation is good, losing money before depreciation is bad of your in real estate. Its why he never pays taxes, he is carrying over so much depreciation. Ideally you would be in the green then depreciation brings you close to zero. Then you are maximizing your capital.

FWIW - Per the Forbes article, owning real estate is only a part of his holdings. - it also appears that he is part owner of most of those he has an equity stake in versus owning them solely. For the other parts of the real estate, he licenses and or licenses and manages the properties.

Sadly there was no information regarding the humungous sales of Trump Steaks and Water
 

Section2

Well-known member
Joined
Apr 30, 2009
Messages
48,143
Reaction score
3,292
Points
113
OAN: Durham has so many signed indictments of Joe Biden and Barack Obama in his office, he won't be able to dig his way out until after election day. But they're spectacular, believe us!
Just like Mueller
 

Section2

Well-known member
Joined
Apr 30, 2009
Messages
48,143
Reaction score
3,292
Points
113
I bet if we dig up old threads from 4 years ago concerning the release of his taxes, “didn’t pay much in income tax” wouldn’t make the top 10 of things you were SURE would be revealed in them. But like any good hack, being wrong is a mere inconvenience.
 

Wally

Well-known member
Joined
Dec 15, 2016
Messages
7,487
Reaction score
3,618
Points
113
I bet if we dig up old threads from 4 years ago concerning the release of his taxes, “didn’t pay much in income tax” wouldn’t make the top 10 of things you were SURE would be revealed in them. But like any good hack, being wrong is a mere inconvenience.

It was obvious to me he didn't release them because he didn't pay much or any taxes, thats real estate investing, and that would look bad. Or because he didn't make hardly any money so he looks like a weak sorta wealthy guy, not the mega rich tycoon he plays. Obviously he was hiding them, only those scenarios make sense.
 

USAF

Well-known member
Joined
May 24, 2019
Messages
3,711
Reaction score
3,751
Points
113
I bet if we dig up old threads from 4 years ago concerning the release of his taxes, “didn’t pay much in income tax” wouldn’t make the top 10 of things you were SURE would be revealed in them. But like any good hack, being wrong is a mere inconvenience.
Why doesn't he just release them, and settle this once and for all?

I mean, if these are just lies from the NYT, it should be easy to make them eat crow.

But that's not even a thought for them...or you, now is it?

Why is that, ya suppose?
 

RememberMurray

Well-known member
Joined
Jan 25, 2019
Messages
4,332
Reaction score
2,802
Points
113
Righties hate taxes and they hate our government, so they worship a major tax cheat who is busy destroying the American government.

That's it in a nutshell.
 
Top Bottom