Will Trump choose to not run in 2020

#52
#52
utvolpj said:
He needed the second hand to even get it to his mouth. It's a legit criticism when his campaign is raising the issue of fitness. Sometimes there are circumstances but he had to know what that looked like coupled with the shuffling down a ramp. I don't remember the right being too upset when they were calling out Hillary for similar actions
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What were Hillary's similiar actions? Fainting? Having a seizure? Being drug up and down stairs?

Just looking for a reference for the next time I have any mild tendinitis so I can make sure to correctly check off the symptoms and don't overlook anything that could be serious.
 
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#54
#54
This is the most succinct -- and brutal -- Republican rejection of Donald Trump that you will ever read - CNNPolitics
"Donald Trump has been the worst president this country has ever had. And I don't say that hyperbolically. He is. But he is a consequential president. And he has brought this country in three short years to a place of weakness that is simply unimaginable if you were pondering where we are today from the day where Barack Obama left office. And there were a lot of us on that day who were deeply skeptical and very worried about what a Trump presidency would be. But this is a moment of unparalleled national humiliation, of weakness.
"When you listen to the President, these are the musings of an imbecile. An idiot. And I don't use those words to name call. I use them because they are the precise words of the English language to describe his behavior. His comportment. His actions. We've never seen a level of incompetence, a level of ineptitude so staggering on a daily basis by anybody in the history of the country whose ever been charged with substantial responsibilities.
 
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#55
#55
Thunder Good-Oil said:
It might be more difficult to stay there than to get there. Also, I'm not sure that he started off at the 99.99th percentile.
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His dad was worth several hundred million when he died. I'm not sure what the cut-off was between 99.98% and 99.99% but you get my point.

Again, he is to be admired for trying to grow his net worth and for setting up his business structure in a way to minimize personal risk. He could have rode his dad's coattails and coasted through life but he didnt. While his real estate exploits are highly overrated, he did a great job with branding and marketing.

I'd love to know what my investment account would look like if I inherited 9 figures instead of a 9 year old truck...
 
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#56
#56
BigOrangeMojo said:
His dad was worth several hundred million when he died. I'm not sure what the cut-off was between 99.98% and 99.99% but you get my point.

Again, he is to be admired for trying to grow his net worth and for setting up his business structure in a way to minimize personal risk. He could have rode his dad's coattails and coasted through life but he didnt. While his real estate exploits are highly overrated, he did a great job with branding and marketing.

I'd love to know what my investment account would look like if I inherited 9 figures instead of a 9 year old truck...
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Estate taxes would have taken a huge piece of his inheritance. That he was able to grow the family fortune many multiples beyond what he started with is quite impressive.
 
#58
#58
Thunder Good-Oil said:
Estate taxes would have taken a huge piece of his inheritance. That he was able to grow the family fortune many multiples beyond what he started with is quite impressive.
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You are/were doing great in this thread. Unless you know estate taxes devoured a huge piece, I would not assume. If you can provide proof, even better.

My assumption, the holdings were structured in corporations, trusts and other vehicles which negated or mitigated the tax implications upon his father's death.
 
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#62
#62
utvolpj said:
He could have put it in the market and made much more doing nothing.
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You're likely correct if (and this is a big if) he could have simply traded the value of his property portfolio with an equal portfolio of securities. There is no way to do that. Upon the sale there would have been capital gains taxes at minimum. Possibly even 1031 deferred taxes would be due.

Had he lived modestly and simply invested the bulk of the rents into securities he would have done well.
 
#64
#64
Mick said:
This is the most succinct -- and brutal -- Republican rejection of Donald Trump that you will ever read - CNNPolitics
"Donald Trump has been the worst president this country has ever had. And I don't say that hyperbolically. He is. But he is a consequential president. And he has brought this country in three short years to a place of weakness that is simply unimaginable if you were pondering where we are today from the day where Barack Obama left office. And there were a lot of us on that day who were deeply skeptical and very worried about what a Trump presidency would be. But this is a moment of unparalleled national humiliation, of weakness.
"When you listen to the President, these are the musings of an imbecile. An idiot. And I don't use those words to name call. I use them because they are the precise words of the English language to describe his behavior. His comportment. His actions. We've never seen a level of incompetence, a level of ineptitude so staggering on a daily basis by anybody in the history of the country whose ever been charged with substantial responsibilities.
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Schmidt, McCain's 2008 campaign manager, helped Lamar Alexander in 2000, and Arnold "The Governator", founder of the Lincoln Project, flaming never Trumper. A highly objective piece of work there, Mick. Next are you going to reference something from CHOPNews Daily?
 
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#66
#66
37L1 said:
Schmidt, McCain's 2008 campaign manager, helped Lamar Alexander in 2000, and Arnold "The Governator", founder of the Lincoln Project, flaming never Trumper. A highly objective piece of work there, Mick. Next are you going to reference something from CHOPNews Daily?
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So he is a Republican.
 
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#67
#67
Mick said:
This is the most succinct -- and brutal -- Republican rejection of Donald Trump that you will ever read - CNNPolitics
"Donald Trump has been the worst president this country has ever had. And I don't say that hyperbolically. He is. But he is a consequential president. And he has brought this country in three short years to a place of weakness that is simply unimaginable if you were pondering where we are today from the day where Barack Obama left office. And there were a lot of us on that day who were deeply skeptical and very worried about what a Trump presidency would be. But this is a moment of unparalleled national humiliation, of weakness.
"When you listen to the President, these are the musings of an imbecile. An idiot. And I don't use those words to name call. I use them because they are the precise words of the English language to describe his behavior. His comportment. His actions. We've never seen a level of incompetence, a level of ineptitude so staggering on a daily basis by anybody in the history of the country whose ever been charged with substantial responsibilities.
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You are hoping, and desperate hope is all you and your Bolshevik comrades have. Just like 2016.
 
#69
#69
McDad said:
You are/were doing great in this thread. Unless you know estate taxes devoured a huge piece, I would not assume. If you can provide proof, even better.

My assumption, the holdings were structured in corporations, trusts and other vehicles which negated or mitigated the tax implications upon his father's death.
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The estate would have been exposed to a maximum federal marginal death tax of 55% in 1999. Fred's estate was estimated to be a couple hundred million at that time (and Donald had been president of the family real estate operation since 1971.). Forbes estimated Donald's net worth to be over $3 billion in Q1 2019. So Donald has grown the family fortune to many times what he started with.
 
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#71
#71
Thunder Good-Oil said:
The estate would have been exposed to a maximum federal marginal death tax of 55% in 1999. Fred's estate was estimated to be a couple hundred million at that time (and Donald had been president of the family real estate operation since 1971.). Forbes estimated Donald's net worth to be over $3 billion in Q1 2019. So Donald has grown the family fortune to many times what he started with.
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I agree with all of that.

But there is a difference in calculating what his estimated tax would have been and what he actually paid. That's all I am trying to encourage you to do.
 
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#73
#73
Thunder Good-Oil said:
The estate would have been exposed to a maximum federal marginal death tax of 55% in 1999. Fred's estate was estimated to be a couple hundred million at that time (and Donald had been president of the family real estate operation since 1971.). Forbes estimated Donald's net worth to be over $3 billion in Q1 2019. So Donald has grown the family fortune to many times what he started with.
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According to the NYT (so you can take with a grain of salt), real estate that sold for between 650 and 700 million in the ensuing years was transferred from DJT's dad to the kids right before his death. The value of the real estate on gift tax returns was $41.4 million.

That's how they got around a chunk of the estate taxes
 
#74
#74
Thunder Good-Oil said:
How many hundreds of companies has he been the controlling shareholder of? The lenders knew the risk. That's business. They could have required a personal guarantee or elected to not issue the debt. But repeating that Trump went bankrupt multiple times keeps feeding the low information liberals their talking points. Most that fuss about it likely have no clue what the difference is between Ch 7, 11, and 13.
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I know the differences. You act as though it's commonplace for a successful businessman to have had so many instances of bankruptcy and fraud. It's not just "business" So what he hasn't filed for personal bankruptcy? It doesn't make him any less of a fraud.

Lots of irony for you to be referring to others as low info. Your posts suggests just that most of the time
 
#75
#75
Mick said:
Should I throw the DINO label on them or call them never Bideners as some sort of slight?
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Are you asking for permission from me?

If so, let's not stop there. We should make it a regular thing to run it by me for permission before you post. You'll see a major improvement in your entire content.
 
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