Trump's Taxes

[hog88]

You would be correct. I strictly do consumer lending. Home equity lines of credit are my specialty.

I'm no real estate finance expert by any means but my wife is a close to one as I know. Some of the financing deals she works on for her various communities makes my head hurt. Estimating future revenues, property values of surrounding areas and on an on. They don't just pull up a FICO score and verify employment.

 

[825VOL]

It is very obvious some of you have never owned a business and have no idea how business tax returns work.

 

[BigOrangeMojo]

Trump deducted $95,000 for Ivanka's hair and nail salon appointments. Trump deducted $70,000 for his own hair expenses. Just two absurd examples of illegal deductions. These charges will be by the U.S. Treasury if pursued.

On the income side, Trump had $73 million in foreign source income, I think two years in a row since becoming President. (These first breaking news reports have a way of changing with the passing of time as more facts/clarifications arrive) The issue is where did the income come from and what did Trump do while serving as President to earn that income? Did he put the interest of American Citizens and the protecting the Constitution first? - - - or did he put the interests of those foreign sources providing him with $73 million of income first.? Trump having acted the way he has acted since the late 1970's its easy for me to be confident he sold YOU his supporter out. That is treason.

Trump has had the good fortune, until his impeachment, of never being held accountable for a damn thing. And thanks to a Republican Senate he escaped penalty for that one time he was held accountable by the House. The Senate refused to even conduct a fair trial.

No matter what, Trump will be Pardoned if he wins the re-election. The one glimmer of hope for those of us who believe in the true Rule of Law - - Pardons don't effect state law crimes. Trump may well yet serve time in a New York State prison.

Read through this thread. I'm absolutely not a DJT supporter but I can put my feelings aside to clear up misconceptions and misstatements on both sides.

Regarding bank and insurance fraud, that's not my area of expertise and I have not opined on them. That's different than tax fraud, which is what I addressed.

Regarding the hair, Trump was a TV star and I would say that is deductible. That's part of his image. Here's a question for you: Should a stripper that gets a 1099 be able to deduct a breast augmentation as a business expense?

Most, but not all, of his foreign source income appears to be from golf courses in Europe

 

[Rifleman]

His whole persona is built on a foundation of self made wealth yet he appears terrified to let anyone look behind the curtain, it shouldn't be a surprise that dodging his challengers would pique curiosity.

For someone who's ego seems to be fed by making his detractors look like idiots, it's odd that he wouldn't put up and instead shuts up when it come to the very essence of the success he implies is at his core.

He’s a fraud and afraid.

 

[AirVol]

You must be one of the people that fascinates me.

Do you believe that Obama was also unreasonably and unfairly persecuted by trump for "only" paying 20% when he paid <1%?

Obama was being persecuted because Trump knew Obama was an idiot for paying 20.

 

[Septic]

Yes, I believe the republicans played similar games with Obama.... not quite to this level but they most definitely did

I didn't ask you anything about "republicans" or "games", this is a direct comparison.

The assertion was about trump directly calling out Obama for paying 20% while its now been revealed that Trump paid less than 1%.

Do you believe that it was unfair or unreasonable for trump to have done that?

 

[Septic]

Obama was being persecuted because Trump knew Obama was an idiot for paying 20.

Wonder what he'd say about you?

 

[Mick]

What difference does it make? Maybe the attorneys involved think it's mor likely to get a favorable ruling on extradition on the other charges. If he's extradited they can charge him then. OR maybe it's because the prosecutors don't think there is enough evidence to charge him with those hacks?

The Russians did the hacks.

 

[luthervol]

At what point in Trump's career do you want to make the case against him if you're the IRS or the Southern district of NY? You're stuck with going back no further that the respective statute of limitations for each of the jurisdictions. Criminal is 6 years. Then they match up to just Michael Cohen's testimony. No deed to address Eric & Donny, Jr.'s bragging that they have more Russian money then they know what to do with in 2015 (no doubt a cause for the FBI to take a look at Russian involvement) So BigOrange Mpjo the facts make the case that Trump did violate the law. Bank fraud is a felony. Insurance fraud is a felony These charges will be federal and state if pursued

Trump deducted $95,000 for Ivanka's hair and nail salon appointments. Trump deducted $70,000 for his own hair expenses. Just two absurd examples of illegal deductions. These charges will be by the U.S. Treasury if pursued.

On the income side, Trump had $73 million in foreign source income, I think two years in a row since becoming President. (These first breaking news reports have a way of changing with the passing of time as more facts/clarifications arrive) The issue is where did the income come from and what did Trump do while serving as President to earn that income? Did he put the interest of American Citizens and the protecting the Constitution first? - - - or did he put the interests of those foreign sources providing him with $73 million of income first.? Trump having acted the way he has acted since the late 1970's its easy for me to be confident he sold YOU his supporter out. That is treason.

Trump has had the good fortune, until his impeachment, of never being held accountable for a damn thing. And thanks to a Republican Senate he escaped penalty for that one time he was held accountable by the House. The Senate refused to even conduct a fair trial.

No matter what, Trump will be Pardoned if he wins the re-election. The one glimmer of hope for those of us who believe in the true Rule of Law - - Pardons don't effect state law crimes. Trump may well yet serve time in a New York State prison. Donny Jr., Eric and Ivanka, too.

An no one has reported on the ongoing investigation of what happened to the $100million of the 2016 Campaign. Ang then of course there is the 2020 Campaign fund.

The $70,00 he spent on his hair was a horrible investment.

 

[1972 Grad]

Sorry man, I don’t have a side. I am 54. I have wasted plenty of votes on third party candidates in local and national elections over the years. I tend to lean towards the person that drives a car, knows how to pump gas and seems like they know how to handle a grocery store. Mostly, are they a halfway decent human being. That’s sad I guess, but it is what it is. I care a lot more about the truth than his taxes, I think his character is pretty well established by now.

Vote for a 3rd or 4th party that gets 50 votes then. That will cleanse your conscience.

 

[McDad]

Trump not paying taxes for the many years leading up to his impending default in 2008 and after, one could reasonably assume someone helped Trump out. Following the money takes time especially with a Trump DOJ leading the charge.

It doesn't trouble me if you reasonably assume things.
Trump didn't pay any taxes or didn't pay federal income taxes? And is this period of non payment found in the IRS documents the "patriot" provided.

 

[Mick]

The $70,00 he spent on his hair was a horrible investment.

I hope he kept the receipts.

 

[Rifleman]

Read through this thread. I'm absolutely not a DJT supporter but I can put my feelings aside to clear up misconceptions and misstatements on both sides.

Regarding bank and insurance fraud, that's not my area of expertise and I have not opined on them. That's different than tax fraud, which is what I addressed.

Regarding the hair, Trump was a TV star and I would say that is deductible. That's part of his image. Here's a question for you: Should a stripper that gets a 1099 be able to deduct a breast augmentation as a business expense?

Most, but not all, of his foreign source income appears to be from golf courses in Europe

Networks have hair and makeup people.

The 70k combover is most likely a fraudulent deduction.

It is also hilarious.

 

[AirVol]

I didn't ask you anything about "republicans" or "games", this is a direct comparison.

The assertion was about trump directly calling out Obama for paying 20% while its now been revealed that Trump paid less than 1%.

Do you believe that it was unfair or unreasonable for trump to have done that?

Don’t hate the man because he and his lawyers know every loophole in the IRS.

 

[Septic]

I hope he kept the receipts.

Are you kidding? Given the number of venders he's stiffed, why would this one be any different? I want to see the receipts for his hair.

My 4 year old niece could have done a better job.

 

[Mick]

Networks have hair and makeup people.

The 70k combover is most likely a fraudulent deduction.

It is also hilarious.

Wonder if Ivanka did his hair too? Like a haircut consultation fee or something.

 

[AirVol]

Wonder what he'd say about you?

Don’t GAF what he’d say about me.

 

[Septic]

Don’t hate the man because he and his lawyers know every loophole in the IRS.

Who's hating? I'm simply asking a question... One that you guys know you can't answer truthfully without looking like bigger nut huggers than you already are.

Again, if he's clowning on Obama for paying 20% - imagine how effing stupid he'd think you were?

 

[BigOrangeMojo]

Networks have hair and makeup people.

The 70k combover is most likely a fraudulent deduction.

It is also hilarious.

They do but to the extent that the $70K is related to TV work, it could be deductible. Trump is taking an aggressive position but it can be argued that this $70K is an ordinary and reasonable expense (in tax terms, not the way his hair looks).

 

[1972 Grad]

You would be correct. I strictly do consumer lending. Home equity lines of credit are my specialty.

I guess that since I have great credit, no debt, and 5 paid for houses, you could float me a few bucks ?? I have a contract on the one we just moved out of, and we are planning to sell the farm that my wife inherited early this year, so that will get me back to 3.

 

[Septic]

Don’t GAF what he’d say about me.

For a second.

A brief instant of time.

You had a moment of clarity that in fact, by your own logic - your hero, the man you admire most in this world.... you knew..... unquestionably that he would think you're an absolute imbecile.

That has to hurt.

 

[DynaLo]

Kinda like when the Russians stole the DNC and RNC emails and plastered the DNC's all over wikileaks. Should we expect criminal charges against wikileaks anytime soon?

Julian still says the info didn’t come from Russia. He has over 17 Federal charges levied against him and his extradition hearing is currently taking place in England.

So yea, I expect whoever violated Federal law to provide the Times with Trump’s tax returns to be prosecuted along with the Times. Essentially, the Times have done pretty much the same thing Julian did. So either charge the Times in a like manner or Free Assange.

 

[BigOrangeMojo]

Wonder if Ivanka did his hair too? Like a haircut consultation fee or something.

Ivanka has built her brand on style and if she charged him a consulting fee for hair, then it could be deductible as long as it's for TV purposes (income producing activity)

And Ivanka better report that income on her taxes too

 

[BowlBrother85]

I guess that since I have great credit, no debt, and 5 paid for houses, you could float me a few bucks ?? I have a contract on the one we just moved out of, and we are planning to sell the farm that my wife inherited early this year, so that will get me back to 3.

Yes, it sounds like it.

 

[Mick]

Julian still says the info didn’t come from Russia. He has over 17 Federal charges levied against him and his extradition hearing is currently taking place in England.

So yea, I expect whoever violated Federal law to provide the Times with Trump’s tax returns to be prosecuted along with the Times. Essentially, the Times have done pretty much the same thing Julian did. So either charge the Times in a like manner or Free Assange.

As I pointed out, Julian faces 0 charges for the hacks. Do you want to know why? Because the Russians did the hacks.

Also, you're going to take the word of someone facing 17 federal charges?