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No way in hell is he holding $3.6 Billion in assets. That’s gotta be a strong exaggeration.
either my post showing an explanation of but one of these assets/debts was ignored by you, or you simply couldn't understand it. Which was it?
Perhaps I could simplify it for you and others, since I'm pretty sure you own a home.
Is your home worth more than the mortgage? Is your total current mortgage balance higher than your annual income? Could you rent a home for less than your current mortgage payment?
By your logic, if the answer to any of these questions is "Yes", then you should sell your home to get that liquidity.
Based on Trump's income, he'd be saving $0 by moving to a tax-friendly state.
Because his income is $0, based on his tax returns.
.
did the Times get copies of his NY Tax returns? they haven't mentioned them yet. Did he pay income taxes in NY? Does NY Income tax work whereby you merely take your Federal Taxable Income and apply a % ... no adjustments? I know in my state of NC, adjustments (which increase my taxable income) are made before applying the 6% state income tax.
she was paid consulting fees by a company she's already a salaried employee at. that definitely throws up red-flags as possible book-cooking to falsely increase a business expenses to avoid paying taxes.
the exact same business entity that she was a salaried employee of also paid her as a contractor?
even if so, "Trump" literally gave $700K to "Ivanka", as a 1099 - yes? Are they in different tax brackets? Did she report that income, and thus pay income taxes on it?
His businesses are doing well? Except for the Trump Hotel VAncouver which just closed its door!
I have a relaive who does "workouts" with hotel owners on behalf of lenders. He has more work than he can handle there are so many hotels not paying their loans right now....nearly all of them.
Add to that, Vancouver gets a lot of travelers from Asia, many of whome are not permitted to travel here at this time due to covid.
When revenue dries up, most businesses can only last a few months w/o some form of financial help.
I'd rather have a President who achieved record employment statistics for the American economy, that is highly leveraged, than a President who can't create jobsm and who has no debt whatsoever.
she was paid consulting fees by a company she's already a salaried employee at. that definitely throws up red-flags as possible book-cooking to falsely increase a business expenses to avoid paying taxes.
And how do you know that? That information would not be in the tax return.
No link. Something you would have no way of knowing. Red flag for mindless parroting of MSM rumors or reddit or facebook.
Democratic politicians and journalists are amazingly financially illiterate. They throw some of this stuff out there for their low information voters.
it's mind-numbingly evident in their responses - be they simply "Orange Man Bad" or any attempt to address a $ aspect of it.
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