Trump Tax Records Obtained by The Times Reveal

a reply to: JinMI

Well at least they are not 'misplacing' trillions anymore.

But yeah we are pretty screwed.

a reply to: JinMI

Welp... you went there.



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a reply to: WilburnRoach

I would concede that it does sound like admission.

a reply to: Bigburgh

It's always a toss up when it's appropriate to bring the other candidate into the discussion. Perspective does matter sometimes.

I'd give ya more if i could...
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originally posted by: Sremmos80
a reply to: JinMI

Well at least they are not 'misplacing' trillions anymore.

But yeah we are pretty screwed.

With his propensity for legally jumping through loopholes for gain within his corporation, he should be a boon to the establishment.

Deferred losses can go a long way.

I'm not sure how deferred losses which go away due to bankruptcy come into the picture.

Anyone?

a reply to: MrSpad

An interesting observation I noticed. Time and time again it seems you chime in here at the drop of a hat when Trump is the subject of a negative post but your strangely absent from any negative Hillary posts yet you claim you're not for either candidate.

Hmmm...

Back on topic:

Trump is a poor businessman because he isn't stupidly paying 34% taxes like the Clintons?

That's funny because I'd call that a brilliant businessman who obviously knows how to use the tax system to his advantage far better than the Hillbillys.

a reply to: Nucleardoom

That's funny because I'd call that a brilliant businessman who obviously knows how to use the tax system to his advantage far better than the Hillbillys.

Which then creates more stress on the middle class to pick up the slack.

But hey, he really cares for us normal folks who don't have private jumbo jets.

originally posted by: Sremmos80
a reply to: Nucleardoom

That's funny because I'd call that a brilliant businessman who obviously knows how to use the tax system to his advantage far better than the Hillbillys.

Which then creates more stress on the middle class to pick up the slack.

But hey, he really cares for us normal folks who don't have private jumbo jets.

I wonder if he sells bridges in Brooklyn

originally posted by: Sremmos80
a reply to: Nucleardoom

Which then creates more stress on the middle class to pick up the slack.

But hey, he really cares for us normal folks who don't have private jumbo jets.

He wasn't running for public office back in 95, so why would he care?

Your argument putting more stress on the middle class is with the IRS and their tax code not Trump.

So your position is Trump is the cause of the middle class tax woes and he is responsible for creating the tax code laws?

This is a systemic tax problem across the board. How many more of the wealthy are sidestepping taxes besides Trump?

Hate the game not the player.

a reply to: WilburnRoach

And?
whats the big deal...same rules for everyone else.....legitimate losses are claimable

originally posted by: Phage
Deferred losses can go a long way.

I'm not sure how deferred losses which go away due to bankruptcy come into the picture.

Anyone?

Temporary? Or planned?

Eitherway it ways declared.

a reply to: TheConstruKctionofLight

Can you bring some light to this:
www.abovetopsecret.com...

Let's level the income playing field here for a comparison & assume little, if any, refunds. Trump and single Joe Schmoe with no dependents both pay no taxes. Let's not assume any subsidization for anything either may qualify for just yet.

Trump's millions, versus Joe's, eh, let's call it $17,000 or thereabout a year. 2 complete opposite sides of the income spectrum.

Trump uses every loophole available in the system to not pay taxes for 20 years. All's peachy, just using the stuff laid out for him there, what a savvy businessman!

Joe does the same, but Joe is considered a useless leech for not paying his fair share in taxes. Close the loopholes and institute a flat tax! Miserable bottom-feeder POS!

How the f#%# do you people manage this kind of mental gymnastics and not keel over from the G-forces?!

a reply to: Nucleardoom
Yeah he wasn't running then, but it is still something to look at. It isn't like the past of the canadaites are not going to be brought into question. Do we say that about everything? That since they were not running for office then it doesn't matter?

The issue is with both the IRS and the people who use the loopholes. You don't have to use the loopholes but yes in the conquest of the most profit possible you are going too. All the while the taxes still need to be collected, you know to fund things like the military, public servants, infrastructure ect. and guess who they get it from?

How many more of the wealthy are sidestepping taxes besides Trump?

Lots of them.
So obviously lets cut the taxes so they pay less than they already do!

originally posted by: muse7

originally posted by: projectvxn
a reply to: WilburnRoach

I only bring it up because somehow, to many people, if you're not paying what THEY think is a "fair share" then it is somehow criminal.

If I could use the tax code to make money every year I would. But I don't have that kind of time.

People hate paying taxes.

What people hate even more is rich assholes not paying taxes.

This is so frustrating to have to explain to people: THERE IS NO TAX IF YOU DONT TURN A PROFIT!!

So maybe he PERSONALLY has enough money to live like a "rich asshole" but if the COMPANY did not turn a profit, it pays ZERO TAX.

What is so hard for people to understand about that?


And currently I really don't know who I will vote for but what Hillary did with the Clinton Foundation is far dirtier than anything I've seen from Trump.

Maybe we should only allow 18 year olds with no tax history to run for office. Every 4 years, we have this discussion...whether the candidate releases his (her) returns or not.

2012 - Romney FINALLY released his tax returns. Holy crap! Money sheltered in the Cayman Islands! WE GOT HIM!!

But uh oh... he donated 30% of his income to charity because he didn't have to pay taxes on all his money. Little needy Mormon (and other) kids got wheelchairs, braces, etc.

Instantly the storm was over.. nothing but crickets chirping.

a reply to: 8675309jenny

This is so frustrating to have to explain to people: THERE IS NO TAX IF YOU DONT TURN A PROFIT!!

So, Trump is broke?
Poor fellow. He seems to live quite well. If his business turns no profit, how does he do that? American Express?

originally posted by: muse7

originally posted by: projectvxn
Was there a law broken?

No law was broken it seems

But the fake facade of him being a great businessman that will bring back jobs is slowing crumbling.

Funny, since it was his main selling point.

Um, my dear muse7, If JANE has over 900MILLION in losses and JANE doesn't claim those losses against future taxable income for every dime they are worth.... Then JANE is the idiot!


Also when the Casino failed, he made sure EVERY EMPLOYEE was offered a position at other Trump-owned businesses if they could relocate or commute.