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Old 10-06-2016, 08:54 AM
 
789 posts, read 702,914 times
Reputation: 593

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Quote:
Originally Posted by G1.. View Post
Ahhhhhhh no. He lost investors money(not his) and then other investors or customers of the lending institutions he used get to charged higher rates to cover his ignorance and yet he gets to write it off and not pay taxes while I am at 31/33 percent making 50.000?Donald Trump is a crook and should be in jail.
This is patently false. The IRS doesn't green light billion dollar losses. There have been audits. Only profits are taxed, not losses. This whole issue is a non-issue and the only people barking about it are people who either don't understand the tax code or are purposely misrepresenting the facts.

 
Old 10-06-2016, 09:06 AM
 
2,908 posts, read 3,873,444 times
Reputation: 3170
Quote:
Originally Posted by PDD View Post
I agree nothing shady but how does a "successful businessman" lose almost a billion in wealth in one year? Your talking about NJ casinos and the Plaza hotel. Not exactly ghetto real estate.

Maybe he was so busy running Trump U that he didn't keep his eye on the ball.

Most of us who have been following Trumps antics for the past 50 years know what a phony he has been his entire life.
My question is why you don't know that? Or maybe you just don't care.
There have been others to lose that and more and are still wildly successful.
If you don't like Trump its understandable, but it doesn't change the fact that the guy has been successful and has done more to improve the lives of average citizens than Hilary has or ever will.
 
Old 10-06-2016, 01:28 PM
 
Location: NJ
31,771 posts, read 40,698,345 times
Reputation: 24590
Quote:
Originally Posted by G1.. View Post
No, it is not and only a fool would think it is.
like i said, we had several customers go bankrupt and we lost millions of dollars that we provided services for. it is a legitimate part of business. the fact that you are unequivocally telling me otherwise just demonstrates that you dont know what you are talking about. you should be asking me about this topic not telling me falsehoods.

ive sat on 3 creditors committees, so I have seen the process from the front row seats.
 
Old 10-06-2016, 04:09 PM
 
Location: NYC
20,550 posts, read 17,705,684 times
Reputation: 25616
Losing other people's money is the name of the game for wall street.
 
Old 10-07-2016, 03:39 AM
 
18,323 posts, read 10,663,943 times
Reputation: 8602
Quote:
Originally Posted by RonaldusMagnus View Post
This is patently false. The IRS doesn't green light billion dollar losses. There have been audits. Only profits are taxed, not losses. This whole issue is a non-issue and the only people barking about it are people who either don't understand the tax code or are purposely misrepresenting the facts.
No it is not. I never said a thing about what it is you are talking about.I never said a word about the IRS green lighting anything ,never said a word about losses being taxed you seem to the one who does not understand how the Tax codes work.
 
Old 10-07-2016, 08:01 AM
 
789 posts, read 702,914 times
Reputation: 593
Quote:
Originally Posted by G1.. View Post
No it is not. I never said a thing about what it is you are talking about.I never said a word about the IRS green lighting anything ,never said a word about losses being taxed you seem to the one who does not understand how the Tax codes work.
You said he lost investors money not his. He lost both. You can't write off loan principal, you write off LOSSES and interest. Big difference. The loss the NYT times reported was REAL.
 
Old 10-07-2016, 08:21 AM
 
9,434 posts, read 4,253,620 times
Reputation: 7018
I thought the way he protected a lot of his money was to draw salary before reporting loses - totally legal but sleazy.
 
Old 10-07-2016, 08:34 AM
 
Location: Elsewhere
88,588 posts, read 84,795,337 times
Reputation: 115120
Quote:
Originally Posted by HudsonCoNJ View Post
For your first point... It doesn't sound like you've set a very high standard for POTUS if the measure is simply who will embarrass the country less.


I guess a simpler way to ask the question would have been "Do you vote for your own self interests or for the interests of the greater good?"
I guess humor over our current dilemma of choices didn't translate well. Of course I have a higher standard for POTUS. No one of that standard is running, however.

To answer your question, I will vote for the interests of the greater good, which pretty much IS my self-interest.
 
Old 10-07-2016, 08:40 AM
 
Location: Elsewhere
88,588 posts, read 84,795,337 times
Reputation: 115120
Quote:
Originally Posted by HalfFull View Post
Agree, he does want them vented (whether by automatic weapons or sword).
Damn it, you beat me to that one!
 
Old 10-07-2016, 08:50 AM
 
Location: NYC
20,550 posts, read 17,705,684 times
Reputation: 25616
Quote:
Originally Posted by Mightyqueen801 View Post
I guess humor over our current dilemma of choices didn't translate well. Of course I have a higher standard for POTUS. No one of that standard is running, however.

To answer your question, I will vote for the interests of the greater good, which pretty much IS my self-interest.
Well then, who is the most qualified candidate in Washington or in America? Nobody has a clean record. Every politician has an agenda and many questionable donors. Except Hillary's past is so corrupt that the media is having a hard time keeping them from the public. If people buy into the liberal media brainwash they have only themselves to blame for the income inequalities and being shortchanged by the establishment.
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