Trump's tax returns to be released to the Dems...

#405
#405
Last time I help you. This WAS the ONLY company allowed to do business with/in N korea.

Finish reading. I know, it's hard. FA533894-9368-4B9B-9818-741A1AEEE2ED.jpeg
 
#406
#406
Common sense is hard. If you do business in Asia, if you manufacture or produce anything in Korea, you likely dealt witha Daewoo subsidiary at one time....
 
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#408
#408
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#410
#410
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#411
#411
Fishing expedition and will flood the media with innuendo and lies..That is what they do best..Lie like a MFer
 
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#412
hog88 said:
Did you read your link? It’s just a copy and paste of the Forbe’s article you posted earlier, even has this little diddy.
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chris_farley_portrait.0.gif
 
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hog88 said:
Did you read your link? It’s just a copy and paste of the Forbe’s article you posted earlier, even has this little diddy.
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Ongoing conflicts of interest are a way of life for every politician current, past, and future.
 
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#414
This is laughable.

The dems had the house, senate and a sitting president and didn’t fix tax code so the “rich” would pay their fair share.

What they did do was pass a bill to hire 87,000 new irs agents to target the poor and middle class.

Don’t forget to file that income you made selling used junk on eBay or the Biden administration will come for you.
 
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#415
#415
Who is ready to see Trump's taxes?

I'm curious since I think it will confirm my educated guesses about his business acumen but I REALLY, REALLY, REALLY do not like the precedent being set here....
 
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#416
BigOrangeMojo said:
Who is ready to see Trump's taxes?

I'm curious since I think it will confirm my educated guesses about his business acumen but I REALLY, REALLY, REALLY do not like the precedent being set here....
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Don't worry, Republicans don't have the sack to follow precedent.
 
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#417
#417
Ernest T. Vol said:
Don't worry, Republicans don't have the sack to follow precedent.
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Disagree. Mitch the Turtle loves to hammer Democrats when they change precedent or typical norms. As soon he gets back in power he beats them over the head with . They cry even though he tells them ahead of time that he's going to shove it right up their *** as soon as he get a chance. See SCOTUS, federal judge appointments, and filibuster rules.
 
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#420
hog88 said:
Can’t wait for the expert analysis from LG.
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I don't pretend to be some expert on tax returns. Will see what those who understand them have to say once they are released.

I do think it's a fair question to ask how someone who seems to claim for tax purposes that all his businesses lose huge sums of money in turn lives the lifestyle of a billionaire.

And that question is not just about Trump.
 
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#421
lawgator1 said:
I don't pretend to be some expert on tax returns. Will see what those who understand them have to say once they are released.

I do think it's a fair question to ask how someone who seems to claim for tax purposes that all his businesses lose huge sums of money in turn lives the lifestyle of a billionaire.

And that question is not just about Trump.
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He inherited 400 million starting in the 70s. The only reason he is a billionaire is because of that. His net worth has far underperformed Manhattan real estate appreciation or the S&P 500 since the 1970s....
 
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#423
BigOrangeMojo said:
$1,000,000 invested in the S&P 500 in 1975 would be worth $191,228,812 today...
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As I understand it that is not Trump's practice. He does not have the patience. Hotels. Resorts casinos, what have you. But then he claims enormous losses to them year in and year out, claims the losses on his personal returns.... yet lives like a billionaire.

At least that is what I have read about his practices. Perhaps those reports are in error and we will see that he makes a lot of money each year. That some of his businesses are successful.

Although I have to say that if that was the case and given his ego you'd have expected him to have released the returns long ago himself. The circumstances would suggest he had not been honest.

But we'll see. If wrong I'll surely admit it.
 
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#424
lawgator1 said:
As I understand it that is not Trump's practice. He does not have the patience. Hotels. Resorts casinos, what have you. But then he claims enormous losses to them year in and year out, claims the losses on his personal returns.... yet lives like a billionaire.

At least that is what I have read about his practices. Perhaps those reports are in error and we will see that he makes a lot of money each year. That some of his businesses are successful.

Although I have to say that if that was the case and given his ego you'd have expected him to have released the returns long ago himself. The circumstances would suggest he had not been honest.

But we'll see. If wrong I'll surely admit it.
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I actually believe he has big losses. He lost a ton with casinos. He's losing a ton now with golf coursrs. He'd be a whole lot wealthier than he is now based on market appreciation alone. The losses (and his lifestyle) is the only reason why he isn't worth 11 figures today given where he started.

I see a lot of legal tax planning (historical credits/AMT carryforwards/charitable CFs, cancellation of debt deferral). There's a sketchy easement in 2015 but he hasn't even monetized that yet due to insufficient income...
 
#425
#425
Turns out, Goldman Sachs’s Steve Mnuchin (Frumpy pants' secretary of the treasury) used the IRS to shield Trump from audits for years while MBS and the russians slipped him and his cronies BILLIONS. Fun times.
 
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