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But guess what? NY Times is not running for President; Trump is. So I care more about Trump's tax returns than those of the NY Times, into which we arguably still have more visibility at this point than his.
Trump said the tax code is very unfair.. he will make everyone pay their fair share and close all those loopholes . That is why so many rich are against Trump.
Electric Companies back Hillary..
Philadelphia gave their spending money from the government over 8 million to Hillary.
Warren Buffet doesn't want the pipeline bringing down oil because he owns the railroads and ships oil down on his railroad.. that is why he stumps for Hillary..
Mark Cuban invests in companies that hire Chinese and Mexicans to make product. Cuban doesn't want to employ Americans. Watch Cuban on Shark Tank as he refuses to hire people here because the investors want a bigger return with cheap labor.
Democrats are sealing their own fate as their jobs are taken by cheap labor in the white collar market as well as the blue collar market. A college education does not guarantee you a job today. I know college graduates on welfare and it is becoming common .
So now that you guys are realizing that Trump did exactly what any business man would do on his taxes you are trying to say that he is not a smart business man? Do you guys also now know anything about starting businesses? I don't know why I ask the answer is pretty obvious, since it is well known that startups have high risk, and that most people realize that entrepreneurs are going to have failures especially when starting multiple businesses. Go ask people on the work and employment board why they don't start businesses, then come back an tell us how a billionaire had a few businesses fail but many succeed but is not a good business man. Go do research on how many people inherited hundreds of millions of dollars and ended up broke, Trump is a smart business man because he can lose hundreds of millions on his tax return in one year but still end up a billionaire.
Can you answer a couple of questions for me? How many airlines were receiving bailout money in the 90s? Is it not true that Trump still owns those same hotels, and that there was a big downturn in the casino industry in the mid 90s due to native americans gaining the rights to own casinos causing consolidation throughout NJ and Vegas? Yet Trump held onto those casinos for years afterwards only selling in the latest downturn as the unions refused to take cuts in their benefits despite many casinos losing money?
By the way nowhere do you have any proof that all the losses came from casinos and his failed airline. He owned plenty of real estate at the time, which means he had to depreciate the buildings, and as I posted in the last thread, whether you take the depreciation or not you still pay taxes on buildings as if you fully depreciated them so not taking it means you are taxed double on the income.
If he was smart then he should have no issue releasing his returns. Yes he has held on to some properties but the also has huge leans against his holdings and he has had a massive amount of lawsuits. He was also a beneficiary of favors from politicians that he backed.
From my recollection 1995 was a very good year for the economy, smart does not come to mind for a $1B loss in that period, maybe in 2008 but certainly not in the 90's.
Here is the 3 page copy of his return, something that went unnoticed was aside from the loss he had only $10M in income and $915M in losses, seems rather a problem.
By the way no one in business wants losses, you don't buy something and hope it fails just for a tax write off, you don't get a dollar for dollar return.
The NY times is not running for President of the United States
You missed the obvious intellectual dishonesty of the NYT.
Hillary is running and she plays the tax code like a fiddle, so how is Trump differeent than former treasury head and goldman sachs alum time the tax cheat guitner who used Turbo Tax and still didn't pay his fair share until he was scrutinized for the appointment to head of treasury?
The real story is Trump has no ability to pass tax code legislation which was watched over by the ways and means committe headed forever by democrat charlie rangel..who also cheated on his tax.
Trump has an IRS team assigned to review his taxes, if the slightest calcualtion was out of order do you think obama's weaponized IRS would give him a pass. these are the same guys that leaked his returns ilegally. Have a problem with the IRS leaking your returns?
I prefer a guy who knows his way around the government labyrinth.
The rich vs poor cleavage the dems are trying to widen has backfired as everyone outside the washington bubble thinks that paying more than the tax code requires
is a sign of the onset of dementia.
If he was smart then he should have no issue releasing his returns. Yes he has held on to some properties but the also has huge leans against his holdings and he has had a massive amount of lawsuits. He was also a beneficiary of favors from politicians that he backed.
From my recollection 1995 was a very good year for the economy, smart does not come to mind for a $1B loss in that period, maybe in 2008 but certainly not in the 90's.
Here is the 3 page copy of his return, something that went unnoticed was aside from the loss he had only $10M in income and $915M in losses, seems rather a problem.
By the way no one in business wants losses, you don't buy something and hope it fails just for a tax write off, you don't get a dollar for dollar return.
One of the politicians he backed that were giving him favors was Hillary. Do you have a problem that he spent the money? Or a problem that he was able to spend the money with politicians who were dirty enough to take money and perform favors? Personally I have the problem with the politicians taking money to return favors.
1995 the GDP was expanding at 2.5% that is not good, especially when new competitors are allowed to open closer to your largest clients bases.
Who said that anybody wants to lose money? Trying to twist my words as you know what I said was true, most entrepreneurs lose money on business at times. Anybody in business understands that, and if they don't they are not in business for long.
Trump said the tax code is very unfair.. he will make everyone pay their fair share and close all those loopholes . That is why so many rich are against Trump.
Electric Companies back Hillary..
Philadelphia gave their spending money from the government over 8 million to Hillary.
Warren Buffet doesn't want the pipeline bringing down oil because he owns the railroads and ships oil down on his railroad.. that is why he stumps for Hillary..
Mark Cuban invests in companies that hire Chinese and Mexicans to make product. Cuban doesn't want to employ Americans. Watch Cuban on Shark Tank as he refuses to hire people here because the investors want a bigger return with cheap labor.
Democrats are sealing their own fate as their jobs are taken by cheap labor in the white collar market as well as the blue collar market. A college education does not guarantee you a job today. I know college graduates on welfare and it is becoming common .
Business loss deductions is not a loophole - it is a legitimate deduction and is economically necessary. The complainers want all business owners who have major losses to lose everything, be forced to lay off all their employees and be foreclosed on, and this helps us how? The early 90s was devastating to many businesses and investors, certainly they took their loss deductions yet many never recovered. At least Trump did and continues to invest and employ people to this day.
You missed the obvious intellectual dishonesty of the NYT.
Hillary is running and she plays the tax code like a fiddle, so how is Trump differeent than former treasury head and goldman sachs alum time the tax cheat guitner who used Turbo Tax and still didn't pay his fair share until he was scrutinized for the appointment to head of treasury?
The real story is Trump has no ability to pass tax code legislation which was watched over by the ways and means committe headed forever by democrat charlie rangel..who also cheated on his tax.
Trump has an IRS team assigned to review his taxes, if the slightest calcualtion was out of order do you think obama's weaponized IRS would give him a pass. these are the same guys that leaked his returns ilegally. Have a problem with the IRS leaking your returns?
I prefer a guy who knows his way around the government labyrinth.
The rich vs poor cleavage the dems are trying to widen has backfired as everyone outside the washington bubble thinks that paying more than the tax code requires
is a sign of the onset of dementia.
Clinton released her tax returns as has been the case for every other presidential candidate in recent history except Nixon. Trump hasn't release any returns, is he being audited back to 1995?
The screwed up tax code has been a favorite of both parties, they love dysfunction and Trump if elected will need to get bipartisan support from both parties to change it.
From my recollection 1995 was a very good year for the economy, smart does not come to mind for a $1B loss in that period, maybe in 2008 but certainly not in the 90's.
You might want to do your research on that beyond your recollection.
Clinton released her tax returns as has been the case for every other presidential candidate in recent history except Nixon. Trump hasn't release any returns, is he being audited back to 1995?
The screwed up tax code has been a favorite of both parties, they love dysfunction and Trump if elected will need to get bipartisan support from both parties to change it.
Clinton also was caught cheating on her taxes at least 3 times, but was given a pass and allowed to file amendments, Trump has never been caught cheating.
It does not take a rocket scientist to see what Trump has no interest in releasing his returns, just read some of these threads on this board, people do not understand taxes and will crucify him for doing what is required and prudent.
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