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Why Trump’s taxes matter

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because he is one of the biggest losers of all time.  Likely is the greatest in terms of losing money 

and when the sane world cut him off.  He went abroad and took dirty money to bail him out and keep his fake con going. 

Same dude is the one who doesn’t even understand trade.  Thinks tarrifs means the Chinese are giving him money.  Ignores literally all experts and informed folks on every topic known to man 

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I think it shows just how bad a judge of character Republican voters are too. You gotta be real gullible to think "this dude knows what he's doing" back in 2016. Google existed back then. Everyone in NYC knew he was a shitty businessman and a clown who stiffs people. 

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I mean, we know racism was a huge factor and those klan rallies he'd throw played a big part, but besides that. Republican voters are dumb. 

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The silence from conservatives on stuff like this is deafening though. The only people who'll show their faces are the Alex Jones wing of the R party, like bull123 and retired.

Literally everything we've suspected about this guy is true. Only thing that hasn't been confirmed is the pee tape and no one really cares about that. 

But the so-called reasonable conservative voices and centrists like Pstall and stirs? Cowards, wrong about literally everything lol

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Thing about Trump is he telegraphs every last one of his insecurities. He's been trying to hide this, among other things probably, in his taxes.

He also got Cohen to hide his grades and transcripts. Hopefully those are unearthed soon so I can prove once and for all to cra that this guy is really really dumb and only progressed academically bc of his family's money (ala this USC UCLA grade scandal).

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8 minutes ago, ImaginaryKev said:

Thing about Trump is he telegraphs every last one of his insecurities. He's been trying to hide this, among other things probably, in his taxes.

He also got Cohen to hide his grades and transcripts. Hopefully those are unearthed soon so I can prove once and for all to cra that this guy is really really dumb and only progressed academically bc of his family's money (ala this USC UCLA grade scandal).

wait, there is someone who thinks he got good grades.  no, no fuging way.

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53 minutes ago, ImaginaryKev said:

I think it shows just how bad a judge of character Republican voters are too. You gotta be real gullible to think "this dude knows what he's doing" back in 2016. Google existed back then. Everyone in NYC knew he was a shitty businessman and a clown who stiffs people. 

Just face it, most people are idiots. Dems scream about free stuff and empty promises to minorities and Pubs scream about guns and 'murica. It's just pandering to the lowest common denominator.

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14 minutes ago, ImaginaryKev said:

Also, this definitely is not the thread for both sides bullshit, all due respect

It's all you're going to get from me. I'm an independent voter. You won't find any party or ideologically right or left flag waving from me. Sorry, not sorry.

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As far as Trump's taxes go, it's absolute bullshit his supporters let him get away with not releasing his returns. If a Dem candidate didn't release their returns promising to do so if elected and reneged on that promise they would've been screaming to high heavens and for good reason.

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https://www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-taxes.html?fbclid=IwAR3910ZOipmr4UeZHawkpYdolMB--bSvp2jSKw044FrOxNiXhl54SU5S7gY

By the time his master-of-the-universe memoir “Trump: The Art of the Deal” hit bookstores in 1987, Donald J. Trump was already in deep financial distress, losing tens of millions of dollars on troubled business deals, according to previously unrevealed figures from his federal income tax returns.

Mr. Trump was propelled to the presidency, in part, by a self-spun narrative of business success and of setbacks triumphantly overcome. He has attributed his first run of reversals and bankruptcies to the recession that took hold in 1990. But 10 years of tax information obtained by The New York Times paints a different, and far bleaker, picture of his deal-making abilities and financial condition.

The data — printouts from Mr. Trump’s official Internal Revenue Service tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and most detailed look to date at the president’s taxes, information he has kept from public view. Though the information does not cover the tax years at the center of an escalating battle between the Trump administration and Congress, it traces the most tumultuous chapter in a long business career — an era of fevered acquisition and spectacular collapse.

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.

Over all, Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years. It is not known whether the I.R.S. later required changes after audits.

Since the 2016 presidential campaign, journalists at The Times and elsewhere have been trying to piece together Mr. Trump’s complex and concealed finances. While The Times did not obtain the president’s actual tax returns, it received the information contained in the returns from someone who had legal access to it. The Times was then able to find matching results in the I.R.S. information on top earners — a publicly available database that each year comprises a one-third sampling of those taxpayers, with identifying details removed. It also confirmed significant findings using other public documents, along with confidential Trump family tax and financial records from the newspaper’s 2018 investigation into the origin of the president’s wealth.

The White House’s response to the new findings has shifted over time.

Several weeks ago, a senior official issued a statement saying: “The president got massive depreciation and tax shelter because of large-scale construction and subsidized developments. That is why the president has always scoffed at the tax system and said you need to change the tax laws. You can make a large income and not have to pay large amount of taxes.”

__________

48 minutes ago, LinvilleGorge said:

Just face it, most people are idiots. Dems scream about free stuff and empty promises to minorities

 

um so why did he push a tax cut for the rich first instead of changing tax laws so upstanding folks like himself could relieve themselves of this burden of getting out of paying them?

 

just kidding

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Anyway, crooks gonna crook and cut taxes for themselves and their buddies

Also, it's clear he and his entire family are using the presidency to enrich themselves, which is impeachment behavior. He didn't even need to obstruct justice but hey, he did that too

Something something democrats are bad too something

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6 hours ago, ImaginaryKev said:

Also, this definitely is not the thread for both sides bullshit, all due respect

You have to ask yourself this question:  If it is obvious that Trump is a con artist/swindler (it is) and he has committed fraud (he has) why did Pelosi take impeachment off the table?  Why haven't the dems made Trump's financial swindles their #1 issue?

The dems are either ignorant, impotent or criminally compromised (preventing them from acting on this well known information).

Trump knows the political game and how it is played in NYC and DC.  He has been on both sides of that table, as part of the donor class/businessman and politician.  He likely donated to many of the democratic leaders in NYC/DC over the years.  He also likely received special considerations for those donations.  Not sure these powerful people want to see that sort of information come out.  Pressing Trump too hard on his shady financial dealings might force him to play that nasty card.

4 hours ago, ImaginaryKev said:

Anyway, crooks gonna crook and cut taxes for themselves and their buddies

Also, it's clear he and his entire family are using the presidency to enrich themselves, which is impeachment behavior. He didn't even need to obstruct justice but hey, he did that too

Something something democrats are bad too something

Corporations are people and money is free speech thanks to the USSC.

Pols are fallible humans regardless of party.

Thinking the pubs are the only ones who are susceptible to greed would be naive.

Dems are swimming in the same swamp water.

Voters need to hold ALL politicians accountable for their actions/inactions.

If the dems don't hold Trump's feet to the fire over the emoluments clause, it isn't because they can't, it is because they won't.

Corruption runs deep, turning a blind eye to it due to party loyalties simply perpetuates the problem.

 

Edited by NanuqoftheNorth

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