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Sep 27 2020 08:04pm
Quote (IceMage @ Sep 27 2020 09:04pm)
There's several things about this article which should concern any American, both about Trump and the system we have.

I'm not sure it's worth it to go through every one with "nothing matters" bots though.


What are they exactly?

It's not that nothing matters, its the fact that some of us have a finance/accounting background to understand the mechanics and the shit you're told to be outraged about is really a nothing burger. You as usual eat it up uncritically because it conforms to your Trump bad perspective.

He probably didn't pay income taxes because of the way his assets have depreciated or the way he is shielding his wealth by reinvesting earnings or whatever. There are a lot of accounting loopholes one can use that are totally legal. If he has been losing money on his hotel businesses or has spend money to expand businesses then there's way to basically minimize your tax burden. Literally all business people do it.

If you look at someone like Bezos, most of his worth is basically amazon stock. He won't sell that shit for eons because he'd have to pay the tax man on that sale. So while he's worth tens of billions because of all his shares, his income tax is also probably much lower of someone that's worth 170+billion because he's not dumb enough to liquidate assets and pay the tax man.

This post was edited by ofthevoid on Sep 27 2020 08:12pm
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Sep 27 2020 08:05pm


Quote (SBD @ 27 Sep 2020 18:58)
As does 99.9999% of North Americans.


Why is everyones dick so hard about tax returns. Unless theres tax fraud to finally bring him down? Claiming losses is not fraud unless they are fraudulent losses.


You understand how his family has a known history of fraudulent transactions right?

https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html?mtrref=www.google.com&gwh=F5ED7DD361EC9D97FF307F37C4BF904E&gwt=pay&assetType=REGIWALL

This isn't conjecture, these are all proven facts...

So yes he definitely did it fraudulently

This post was edited by IroningTheMaiden on Sep 27 2020 08:05pm
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Sep 27 2020 08:09pm
Quote (IroningTheMaiden @ 27 Sep 2020 22:05)
You understand how his family has a known history of fraudulent transactions right?

https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html?mtrref=www.google.com&gwh=F5ED7DD361EC9D97FF307F37C4BF904E&gwt=pay&assetType=REGIWALL

This isn't conjecture, these are all proven facts...

So yes he definitely did it fraudulently

proven facts? like your topic that Biden ‘would be the first non-ivy league President’ if he wins?

This post was edited by excellence on Sep 27 2020 08:09pm
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Sep 27 2020 08:12pm
Does this expose Trump as a hypocrite when contrasted with his previous populist statements about "billionaires not paying their fair share"? Absolutely.
Does it expose Trump's business as being less successful than he pretends? Probably.

Does it expose any kind of fraud or crime or immoral deception by Trump? Hell no.
Is the fact that the NYT got access to these tax returns outrageous and indicative of a massive abuse of trust by whoever is their informant? Absolutely. It might even be an actual crime.




I still think that this story will hurt Trump at the margins. Part of his appeal to formerly Democratic-leaning working-class voters was his populist rhetoric about how "the elites are bending you over, but I will fight for your interests" and "the system is rigged against people like you, and I alone can fix it". This story undermines all of that.

This post was edited by Black XistenZ on Sep 27 2020 08:12pm
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Sep 27 2020 08:13pm
Quote (excellence @ Sep 27 2020 10:09pm)
proven facts? like your topic that Biden ‘would be the first non-ivy league President’ if he wins?


I heard that from Biden when he was Talking in Wisconsin so if he lied well I don't believe anyone telling me otherwise right? that's how I should follow political parties right?
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Sep 27 2020 08:14pm
Quote (Black XistenZ @ 27 Sep 2020 22:12)
Does this expose Trump as a hypocrite when contrasted with his previous populist statements about "billionaires not paying their fair share"? Absolutely.
Does it expose Trump's business as being less successful than he pretends? Probably.

Does it expose any kind of fraud or crime or immoral deception by Trump? Hell no.
Is the fact that the NYT got access to these tax returns outrageous and indicative of a massive abuse of trust by whoever is their informant? Absolutely. It might even be an actual crime.




I still think that this story will hurt Trump at the margins. Part of his appeal to formerly Democratic-leaning working-class voters was his populist rhetoric about how "the elites are bending you over, but I will fight for your interests" and "the system is rigged against people like you, and I alone can fix it". This story undermines all of that.

it wont. he can say i paid almost 40 million in federal income taxes at a 25% federal rate in one year when i made a lot of money, maddow confirmed it. im not allowed to make money now via my family business and i donate my Presidential salary so i dont pay much of any income taxes in recent years because there really isnt any income to tax

This post was edited by excellence on Sep 27 2020 08:17pm
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Sep 27 2020 08:16pm
Quote (excellence @ Sep 27 2020 07:14pm)
it wont. he can say i paid 40 million in taxes at a 25% federal rate when i made a lot of money, maddow confirmed it. im not allowed to make money now via my family business and i donate my Presidential salary so i dont pay any taxes


you know the gymnastics are at a all time high when YOU use Maddow as a source..
lol
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Sep 27 2020 08:18pm
Quote (theCrossbones @ 27 Sep 2020 22:16)
you know the gymnastics are at a all time high when YOU use Maddow as a source..
lol

Maddow leaked his tax returns and President Trump/White House also released/confirmed the numbers which were audited by the IRS. how is basic mathematics suddenly gymnastics now?
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Sep 27 2020 08:21pm
Quote (excellence @ Sep 27 2020 07:18pm)
Maddow leaked his tax returns and President Trump/White House also released/confirmed the numbers which were audited by the IRS. how is basic mathematics suddenly gymnastics now?


its not.. it would be like me using T. Carlson to prove a point.
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Sep 27 2020 08:37pm
Quote (theCrossbones @ 27 Sep 2020 22:21)
its not.. it would be like me using T. Carlson to prove a point.

you said it was
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