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He is a genius, if he has figured out a way not to pay taxes, and put that money back into the business.
Risk & Rewards... Have you ever taken a risk with your own money and failed? Do you quit or bounce and make up the loss and then some?
He wrote off a Billion Dollar Loss on his taxes.
If that is the mark of a genius to you, you're wired backwards. Who in their right mind would create a risky scheme that lost a Billion Dollars? Someone who should never be able to jeopardize an investor, that's who.
Trump is no genius. He's a born-rich dolt who has been irresponsible his entire life.
Tax issue makes Trump look like a winner. hillary is using this issue specifically distorting the facts of big business and tax returns, knowing the low information voters who work off pure emotion will rise to vote for her.
she is playing to their ignorance. she is counting on masses of people ignorant of the ups and downs of the real estate market and how many other companies lost proportionate large sums and are doing fine today. Plenty of sage advice from famous historical and current day figures whose comeback stories inspire the nation. Trump is just one of those stories.
anyone who is conscious knows the drill, hillary is betting many of her supporters hover in and out of consciousness. the same block of voters who had no problem being told 'we have to pass it to find out what is in it' .
Hillary proved that successful people are those who recover from adversity, just like trump did, are the winners and should be held up as an example to deal with life's ups and downs.
Thank you HRC for raising this issue! Too bad you didn't think it through and see how it would boomerang back on you.
Yeah, my accountant in the seventies told me I needed to buy newly constructed rental properties and/or new vehicles for the double declining depreciation - or my 70% tax rate would put me on welfare.
None of the local banks would loan me any money to use as the deposits I needed to get the loans on the double declining depreciation "investments".
I did do some risk-dangerous finagling to get the deposits needed to buy the rentals and vehicles i-didn't want or need.
I was forced to go trump, until my income was thwarted by government corruptions.
Not Government Law, Government Corruption.
Hey, can't sue the Government!
So screw! I got one government to bust the other government that screwed me - the State.
I submitted the State's own self-audits to the IRS, showing the State owed the IRS $160M for illegally paying 5000 state employees as independent contractors.
If you can't sue the screw, screw the screw!
The State thinks I'm unpatriotic, or, something.
What my friends said about me, was . . . "He's a mean motor scooter and a bad go getter."
The IRS advised me to change my company name, to camouflage from further retaliation from the State.
Anyone that makes a larger income, hires someone to do their taxes. I even did this years ago when I was making some above average income. I have friends today who hire someone to help them and other friends who do their own tax returns.
There are those that take enormous risk and it pays off and there are people that take risk after risk and some pay off. Then some people take one risk and work it to their best ability and it pays off.
Then, there are some that take risk after risk and none pan out. Some damn good ideas, just didn't have the right people to pull it off. Kinda like our government.
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