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Old 09-27-2020, 04:43 PM
 
16,956 posts, read 16,760,894 times
Reputation: 10408

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Quote:
Originally Posted by S6T1R View Post
Kudos to Don for having smart accountants - he is an incredibly savvy and charismatic businessman.

But oh the Libs will cry!!!
The Libs only have 37 days left to try and destroy Trump!
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Old 09-27-2020, 04:43 PM
 
Location: Northern California
130,339 posts, read 12,118,417 times
Reputation: 39038
Quote:
Originally Posted by Oklazona Bound View Post
He qualifies for food stamps...


To be a fly on the wall when Trump got word his tax returns were released...
Yeah but food stamps won't buy McDonalds
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Old 09-27-2020, 04:44 PM
 
Location: TUS/PDX
7,825 posts, read 4,568,735 times
Reputation: 8859
Quote:
Originally Posted by Axxlrod View Post
His tax returns seem like typical real estate developer tax returns.

Obviously the "average Joes" on this board do not understand paper losses, write offs, and depreciation tax shelters.

It's not that difficult to develop/own commercial real estate and technically show a loss that shelters large gains.

Is it news that rich people hire the best tax accountants to utilize the tax code to the best of their advantage?
While it may be typical, it doesn't make it any less screwed up and inequitable for the vast majority of Americans or "average joes".
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Old 09-27-2020, 04:44 PM
 
Location: Living rent free in your head
42,850 posts, read 26,294,125 times
Reputation: 34059
Quote:
Originally Posted by prospectheightsresident View Post
Of note, let’s assume that these documents tell the whole story, they would completely debunk any Russia connection or payments to Michael Cohen as the NYT says that there are none. They also would confirm that the president is involved in a decade’s long tax audit, which democrats claimed was a lie.
From the NYT
Quote:
"They report that Mr Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia.”
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Old 09-27-2020, 04:45 PM
 
Location: Sonoran Desert
39,076 posts, read 51,246,227 times
Reputation: 28325
For the heck of it, take Trump's name out of it. Is there anyone in this country outside of the one percenters who thinks this is a fair system? It is simply appalling that a paper billionaire can live a lavish lifestyle with gold toilets, jet planes, and penthouses around the globe paying $750 in federal taxes while Joe Lunchbox is paying 15-25% of his lousy salary. Then we just gave them a trillion or so dollars in breaks that working America will have to pay back (as they don't pay taxes). It is sickening. I wanna do over. Where is Bernie?
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Old 09-27-2020, 04:45 PM
 
Location: Honolulu/DMV Area/NYC
30,640 posts, read 18,242,637 times
Reputation: 34520
Let’s get this straight here. The left is throwing a hissy fit because the NYT claims to have tax return data involving Donald Trump that shows that he followed the law You can’t make this up folks.
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Old 09-27-2020, 04:45 PM
 
Location: Midwest
38,496 posts, read 25,825,871 times
Reputation: 10789
Quote:
Originally Posted by S6T1R View Post
Kudos to Don for having smart accountants - he is an incredibly savvy and charismatic businessman.

But oh the Libs will cry!!!
The rest of us are paying more taxes and getting less for them because we are pawns for the wealthy or swindlers like trump.
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Old 09-27-2020, 04:46 PM
 
Location: West Coast U.S.A.
2,911 posts, read 1,360,787 times
Reputation: 3979
Republicans: "The poor never pay their fair share! This has to stop!"

Quote:
President Donald Trump paid just $750 in federal income taxes in both 2016 and 2017, the New York Times reported Sunday, citing tax-return data.

Trump also paid no income taxes in 10 of the last 15 years, the Times reported.

https://www.reuters.com/article/us-u...-idUSKBN26I10L
Quote:
Originally Posted by S6T1R View Post
Kudos to Don for having smart accountants - he is an incredibly savvy and charismatic businessman.

But oh the Libs will cry!!!
Reply With Quote Quick reply to this message
 
Old 09-27-2020, 04:46 PM
 
30,170 posts, read 11,809,456 times
Reputation: 18695
Quote:
Originally Posted by prospectheightsresident View Post
The comment I was referring to seemed to be discussing his presidential salary explicitly, and the back and forth dealt explicitly with whether his donations to the government of his presidential salary could be written off. I’ve already discussed the business angle.

I don't envy you trying to somehow spin this into a nothing burger. I will say this. There were claims by Democrats that Trump personally benefited from the tax cuts he passed. That was not true. Trump did not pay taxes before the tax cuts and did not after either.
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Old 09-27-2020, 04:46 PM
 
Location: CO/UT/AZ/NM Catch me if you can!
6,927 posts, read 6,940,124 times
Reputation: 16509
Quote:
Originally Posted by Mtnluver8956 View Post
Liberals love lying. It's what they do best.
You should talk. Maybe you should just run along now and deliver the weather report.
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