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Old 10-04-2018, 08:12 AM   #76
Inner Dirt
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I never understood the liberal logic of why the wealthy should pay a higher percentage in personal income taxes than a middle class person. They don't get anymore bang for their buck than a poor person and probably use even less public services. Mr You Didn't Build That Obama would blather on about how their wealth was built with help from the government.
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Old 10-04-2018, 09:06 AM   #77
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I never understood the liberal logic of why the wealthy should pay a higher percentage in personal income taxes than a middle class person. They don't get anymore bang for their buck than a poor person and probably use even less public services. Mr You Didn't Build That Obama would blather on about how their wealth was built with help from the government.
If you read the article, you will see that Yes, they do get more public services/govt. loans/govt subsidized rents than your average poor person(middle class). For instance in one case alone, Fred(& Donald) received a govt. loan(interest free) to the tune of 7 or 9 million dollars. This was essentially 90% of the total cost of a new building, after which Fred(not Donald) paid the balance. How did they get this? they said the new apartment building would be for senior citizens, or the elderly or some such class. Don't get me wrong, I'm not criticizing the genius of Fred Trump, he made most NY real estate developers look like pikers. Donald was trained by a master IMO.
His creation of the All County Building & Maintenance Company was also pure creative financial genius, albeit fraudulent. Then by claiming maintenance costs that were artificially jacked up 40 to 100%, he was "allowed" to raise rents in government subsidized rental properties. All County Bldg & Maint. Co. were naturally owned by Donald, and siblings. Again, getting more help from the govt. to increase their incomes/wealth. I'm just scratching the surface. To be clear, I'm against the 55% death taxes in all cases. I've seen how it decimates farms transferring to the children.
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Old 10-04-2018, 10:23 AM   #78
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This might be a red card...depends on what the meaning of F/O is.
Fairly / Opinionated.
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Old 10-04-2018, 10:24 AM   #79
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I never understood the liberal logic
Whoah! You said it all right there!
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Old 10-06-2018, 01:33 AM   #80
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The NYT piece has the evidence...

Its literally right ****ing there how they fooled the IRS.

How about the Trump U case?

Maybe you're one of those people that doesn't buy the whole "I only got a million from daddy" story...

Fine where the hell were you when I was arguing with Fast, Reckless, Showmethewire, CH etc. about that bullshit origin story?

How great is a businessman with near limitless financial support who had to file bankruptcy on effing CASINO's not once... but four times or was it five?

Its more bullshit... its more lies... and its more "we were just following orders" from the PAOT crowd.
You are just annoyed because many people now know how clueless you are and are regularly telling you so.

You are just annoyed because all those Trump hating arguments you bored us with during the historic Summer of 2015, the Campaign of 2016, the Election of 2017 and the Make America Great Again years of 2017-18 (and onward) has been proven totally wrong and you've been met with derision and laughter.

You may have conned your playmates in kindergarten into believing you know what you're talking about, but no one around here is buying any of it. You've proven it to us all by yourself on just how little you really do know.

Now, about those bankruptcies ... in the past 10 years and more both Apple and Google have bought hundreds if not thousands of smaller companies, many little known to the investing public. Both companies have also shut down a big number of them -- bankrupt them, so to speak -- with little fan-fare.

People in business shut down, bankrupt and take losses a lot more often than one cares to know. It's part of taking risks and doing business. For every You Tube or Instagram, hundreds fell to the wayside never to be heard from again.

If it annoys you that Trump bankrupt companies, go cry in your warm formula.

As for the NYT piece... means nothing. Trump has been the most well-known public figure in New York City for decades. Real Estate is the toughest, most highly regulated and the IRS and local tax authorities go over these real estate firms' businesses with a fine tooth comb. More so than any other business in NYC. It's a highly-leveraged business in general to begin with so scrutiny is of the highest order.

No one gets away with cheating the tax man. And no smart businessman even tries to beat the tax people too. They could shut you down in a New York minute. Plus if Trump needed to borrow a few billion for a major project do you really think Chase, Goldman or Citibank will lend them a nickle if there is a major IRS fraud lawsuit hanging over Trump's head? No way. Yet Trump had little trouble raising money after his well-known crash in the 1990s. Think things through once in a while.

Using 'loopholes' is not a crime but the word 'loophole' should be a crime when used as a pejorative. They are business advantages taken of which the tax code gives them. If you have a mortgage, the property tax you pay that gets some sort of deduction is a 'loophole' too, for example. If you ran for public office someone could say the same thing you're saying about the loopholes that Trump has taken, and others. Do everyday people believe they are tax dodgers if they deduct some mortgage expense? I'd say not.

The bottom line really ... is that Trump lives in your head and you're making a fool of yourself over this hatred of him. But don't stop by any means. We all need the laughs.
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Old 10-06-2018, 03:42 PM   #81
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Originally Posted by reckless View Post
You are just annoyed because many people now know how clueless you are and are regularly telling you so.

You are just annoyed because all those Trump hating arguments you bored us with during the historic Summer of 2015, the Campaign of 2016, the Election of 2017 and the Make America Great Again years of 2017-18 (and onward) has been proven totally wrong and you've been met with derision and laughter.

You may have conned your playmates in kindergarten into believing you know what you're talking about, but no one around here is buying any of it. You've proven it to us all by yourself on just how little you really do know.

Now, about those bankruptcies ... in the past 10 years and more both Apple and Google have bought hundreds if not thousands of smaller companies, many little known to the investing public. Both companies have also shut down a big number of them -- bankrupt them, so to speak -- with little fan-fare.

People in business shut down, bankrupt and take losses a lot more often than one cares to know. It's part of taking risks and doing business. For every You Tube or Instagram, hundreds fell to the wayside never to be heard from again.

If it annoys you that Trump bankrupt companies, go cry in your warm formula.

As for the NYT piece... means nothing. Trump has been the most well-known public figure in New York City for decades. Real Estate is the toughest, most highly regulated and the IRS and local tax authorities go over these real estate firms' businesses with a fine tooth comb. More so than any other business in NYC. It's a highly-leveraged business in general to begin with so scrutiny is of the highest order.

No one gets away with cheating the tax man. And no smart businessman even tries to beat the tax people too. They could shut you down in a New York minute. Plus if Trump needed to borrow a few billion for a major project do you really think Chase, Goldman or Citibank will lend them a nickle if there is a major IRS fraud lawsuit hanging over Trump's head? No way. Yet Trump had little trouble raising money after his well-known crash in the 1990s. Think things through once in a while.

Using 'loopholes' is not a crime but the word 'loophole' should be a crime when used as a pejorative. They are business advantages taken of which the tax code gives them. If you have a mortgage, the property tax you pay that gets some sort of deduction is a 'loophole' too, for example. If you ran for public office someone could say the same thing you're saying about the loopholes that Trump has taken, and others. Do everyday people believe they are tax dodgers if they deduct some mortgage expense? I'd say not.

The bottom line really ... is that Trump lives in your head and you're making a fool of yourself over this hatred of him. But don't stop by any means. We all need the laughs.
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Old 10-08-2018, 07:43 AM   #82
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This is going to be a great thread to re-visit down the road...if it doesn't get locked or deleted by then...I'll leave it at that...
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Old 10-08-2018, 01:10 PM   #83
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This is going to be a great thread to re-visit down the road...if it doesn't get locked or deleted by then...I'll leave it at that...
I don't even THINK about such things...but since you brought it up, I may lock or delete it just to spite you and your constant jabs at me and the way I moderate.
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Old 10-09-2018, 03:23 AM   #84
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Reporter who covers Trump family finances explains how deep the president’s ‘criminal enterprise’ goes
https://www.rawstory.com/2018/10/wat...terprise-goes/

A New Yorker reporter who covers the president’s many financial scandals revealed Monday how deep the “criminal enterprise” ran by Fred Trump went — and why Donald Trump could soon be in huge trouble.

Although the New York Times‘s report analyzing decades and hundreds of thousands of documents of Trump family dealings uncovered massive tax fraud, “the story’s not over,” writer Adam Davidson told MSNBC’s Chris Hayes.

https://caching.grabien.com/c/stream...A65SP0CpcRUNfg
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Old 10-09-2018, 06:23 AM   #85
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Reporter who covers Trump family finances explains how deep the president’s ‘criminal enterprise’ goes
https://www.rawstory.com/2018/10/wat...terprise-goes/

A New Yorker reporter who covers the president’s many financial scandals revealed Monday how deep the “criminal enterprise” ran by Fred Trump went — and why Donald Trump could soon be in huge trouble.

Although the New York Times‘s report analyzing decades and hundreds of thousands of documents of Trump family dealings uncovered massive tax fraud, “the story’s not over,” writer Adam Davidson told MSNBC’s Chris Hayes.

https://caching.grabien.com/c/stream...A65SP0CpcRUNfg
wow, going back to what you did in high school doesn't work so now you have to go back to what a persons parents did?
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Old 10-09-2018, 09:29 AM   #86
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wow, going back to what you did in high school doesn't work so now you have to go back to what a persons parents did?
With the full cooperation of the Trump children. ADULT children.
Obviously you do not know the full incredible criminal genius of Fred and family. Go back to sleep
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Old 10-09-2018, 10:21 AM   #87
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With the full cooperation of the Trump children. ADULT children.
Obviously you do not know the full incredible criminal genius of Fred and family. Go back to sleep
they gave nothing compared to the Clinton Crime family
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Old 10-09-2018, 10:57 AM   #88
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they gave nothing compared to the Clinton Crime family
Bs Prove it.
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Old 10-09-2018, 05:10 PM   #89
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OMG, this is serious!
What time tonight is the Trump perp-walk?
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Old 10-09-2018, 09:09 PM   #90
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Originally Posted by hcap View Post
Reporter who covers Trump family finances explains how deep the president’s ‘criminal enterprise’ goes
https://www.rawstory.com/2018/10/wat...terprise-goes/

A New Yorker reporter who covers the president’s many financial scandals revealed Monday how deep the “criminal enterprise” ran by Fred Trump went — and why Donald Trump could soon be in huge trouble.

Although the New York Times‘s report analyzing decades and hundreds of thousands of documents of Trump family dealings uncovered massive tax fraud, “the story’s not over,” writer Adam Davidson told MSNBC’s Chris Hayes.

https://caching.grabien.com/c/stream...A65SP0CpcRUNfg
The story is never over...

We should get rid of the IRS and put the New York Times in its place...don't you think?
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