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09-27-2020, 07:59 PM
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#1
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Registered User
Join Date: Nov 2002
Posts: 30,398
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Tax time for Trump
Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance
https://www.nytimes.com/interactive/...ump-taxes.html
Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.
__________________
The inmates have taken over the asylum. 
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09-27-2020, 08:01 PM
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#2
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Registered User
Join Date: May 2011
Posts: 22,619
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depreciation is a bitch
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09-27-2020, 08:10 PM
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#3
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Registered User
Join Date: Oct 2004
Posts: 14,036
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He better hope he wins... or he's ****ed.
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09-27-2020, 08:14 PM
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#4
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velocitician
Join Date: Aug 2004
Posts: 26,278
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Quote:
Originally Posted by elysiantraveller
He better hope he wins... or he's ****ed.
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The indictments will hardly be dry after 20th January
__________________
"If this world is all about winners, what's for the losers?" Jr. Bonner: "Well somebody's got to hold the horses Ace."
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09-27-2020, 08:38 PM
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#5
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Registered User
Join Date: Jan 2007
Location: Ketchikan,AK
Posts: 2,086
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Quote:
Originally Posted by elysiantraveller
He better hope he wins... or he's ****ed.
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You are funny, like a clown.
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09-27-2020, 08:40 PM
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#6
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Registered User
Join Date: Mar 2017
Location: Baystater
Posts: 3,468
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Hit me if you can.
c-15.gif
Last edited by jimmyb; 09-27-2020 at 08:42 PM.
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09-27-2020, 08:45 PM
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#7
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Registered User
Join Date: Dec 2011
Location: Thornhill ON
Posts: 466
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A team of Lawyers
Will do what has been done before put the investor at risk and then thread the needle.
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09-27-2020, 08:47 PM
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#8
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Registered User
Join Date: Jun 2008
Posts: 10,132
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Oh no, they got Trump this time! HCAP is so happy he can’t see the hand that’s ready to pull the football away as he attempts to win the game. You’ll never learn Harry
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09-27-2020, 09:40 PM
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#9
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Registered User
Join Date: Jan 2007
Location: Ketchikan,AK
Posts: 2,086
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What is so amazing is the joker trio here, always is making a "sure thing prediction" they will hang there lives on it. Any day now Trump will be arrested. Oh we have the goods now. Ignorance is really bliss in the joker 3. 3 years plus of the "sure thing". Integrity is non existent in their world. I guess people love a circus. We have to get are laughs somewhere. At least they do not have to paint there faces. Just type.
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09-27-2020, 09:45 PM
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#10
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Registered User
Join Date: Apr 2009
Location: Mukwonago, WI
Posts: 3,203
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Quote:
Originally Posted by hcap
Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance
https://www.nytimes.com/interactive/...ump-taxes.html
Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.
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Records "Concealed" by whom? The IRS says either he owes, or he does not.
Which is it?
There is no grey area.
__________________
"I don't always frequent message boards, but when I do, I prefer PaceAdvantage."
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09-27-2020, 10:18 PM
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#11
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Registered User
Join Date: May 2011
Posts: 22,619
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Quote:
Originally Posted by 46zilzal
The indictments will hardly be dry after 20th January
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and Clintons and 0bama are walking free.
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09-27-2020, 10:31 PM
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#12
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Registered User
Join Date: Aug 2009
Posts: 10,978
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Quote:
Originally Posted by chrisl
You are funny, like a clown.
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__________________
All I needed in life I learned from Gary Larson.
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09-27-2020, 10:37 PM
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#13
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,638
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Quote:
Originally Posted by hcap
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Having run 2 businesses concurrently until recently, this is no shock. Get a good, honest, trustworthy CPA and let her do her job. I didn't write the tax laws, I just played by their rules
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
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09-27-2020, 10:38 PM
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#14
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
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Quote:
Originally Posted by elysiantraveller
He better hope he wins... or he's ****ed.
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LOLOLOLOLOLOLOL
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09-27-2020, 10:40 PM
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#15
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,452
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"This" is one of their "big deals."
I do like the part where the NYT concedes there is, again, NO RUSSIAN SMOKING GUN in these records....awwwwww....that's some tough luck.
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