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Trump tax returns..pays nothing in 10 of 15 years rotflmao..
09-28-2020, 03:05 AM
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#1
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Trump tax returns..pays nothing in 10 of 15 years rotflmao..
https://www.theguardian.com/us-news/...turns-election
Highlights
“Trump taxes show chronic losses and years of tax avoidance,” was the banner headline on the paper’s website on Sunday.
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.”
Trump paid no federal income taxes in 11 of 18 years its reporters examined. Many of his businesses, including his golf courses, report significant financial losses
The Times also said he has used “questionable measures” to reduce his tax bill. He faced a possible hit of “more than $100m” if he lost “a decade-long audit battle with the IRS over the legitimacy of a $72.9m tax refund that he claimed, and received, after declaring huge losses”.
Trumps response.. ‘fake news..’
Absolutely none of this should come as a surprise to anyone that knows anything at all about Drumpf. A failure as a businessman many, many times over. You’ll vote for him anyway
Highlights
“Trump taxes show chronic losses and years of tax avoidance,” was the banner headline on the paper’s website on Sunday.
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.”
Trump paid no federal income taxes in 11 of 18 years its reporters examined. Many of his businesses, including his golf courses, report significant financial losses
The Times also said he has used “questionable measures” to reduce his tax bill. He faced a possible hit of “more than $100m” if he lost “a decade-long audit battle with the IRS over the legitimacy of a $72.9m tax refund that he claimed, and received, after declaring huge losses”.
Trumps response.. ‘fake news..’
Absolutely none of this should come as a surprise to anyone that knows anything at all about Drumpf. A failure as a businessman many, many times over. You’ll vote for him anyway
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09-28-2020, 03:06 AM
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#2
09-28-2020, 03:09 AM
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#3
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This is new and exciting
09-28-2020, 03:11 AM
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#4
09-28-2020, 03:14 AM
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#5
Originally Posted By Vishca⏩
Heard it first? What other option is there? It's no secret.MURICA
land of the free, rofl they picked trump
and guess what they gonna do it again,
you heard it here first.
LMFAO
land of the free, rofl they picked trump
and guess what they gonna do it again,
you heard it here first.
LMFAO
Joe Biden doesn't even know what year it is. Maybe if his teleprompter reminded him.
Besides, SJWs and liberals have shown you don't need a figurehead to do irreversible damage to a countries or states economy/society.
Oh and what was the option last election? Fuking Hillary? That pantsuit batsh*t loon that should be in prison? Even people in the middle were like: "Yeah how about no".
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09-28-2020, 03:15 AM
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#6
09-28-2020, 03:15 AM
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#7
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Originally Posted By EoR⏩
agreed must be messed up to be american nowadays,Heard it first? What other option is there? It's no secret.
Joe Biden doesn't even know what year it is.
Besides, SJWs and liberals have shown you don't need a figurehead to do irreversible damage to a countries or states economy/society.
Joe Biden doesn't even know what year it is.
Besides, SJWs and liberals have shown you don't need a figurehead to do irreversible damage to a countries or states economy/society.
y'all were represting the world wiith your movies;
times changing
RIP
09-28-2020, 03:18 AM
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#8
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Originally Posted By moosik85⏩
Corrupt system that he is at the helm of? Fascinating.Makes him look even smarter. Why would anyone pay more into this corrupt system then they have to?
09-28-2020, 03:23 AM
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#9
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Wasn't this why Trump hated on Bezos, lack of tax-payment?
Former no-avi anonymous
09-28-2020, 03:26 AM
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#10
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Originally Posted By moosik85⏩
He’s not paying in because he’s smart.. he’s not paying in because he’s a loser. He’s a serial bankrupt who would be on the street without daddy.Makes him look even smarter. Why would anyone pay more into this corrupt system then they have to?
Don’t you think if he was actually successful he’d release his tax returns to prove it?
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09-28-2020, 03:27 AM
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#11
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Originally Posted By moosik85⏩
This lmaoMakes him look even smarter. Why would anyone pay more into this corrupt system then they have to?
When I saw the news I was like 'yeah doesn't surprise me he's evading taxes, don't blame the guy'
Guy is smart and knows how to stay rich
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09-28-2020, 03:28 AM
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#12
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Reported by NY times. No sources for documents released. No copies of documents. First debate on Tuesday.
Fuk off
Fuk off
09-28-2020, 03:28 AM
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#13
- smashedurgfx10
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I don't blame the guy
All wealthy people find ways to avoid paying tax. Of course the libs are gonna lap this up though to fuel orange man bad
Guy is smart and knows how to stay rich
All wealthy people find ways to avoid paying tax. Of course the libs are gonna lap this up though to fuel orange man bad
Guy is smart and knows how to stay rich
Originally Posted By samsbolton⏩
He can afford to pay and he isn't. I dont want to pay 70mil in taxes either. Seems logical to meHe’s not paying in because he’s smart.. he’s not paying in because he’s a loser. He’s a serial bankrupt who would be on the street without daddy.
Don’t you think if he was actually successful he’d release his tax returns to prove it?
Don’t you think if he was actually successful he’d release his tax returns to prove it?
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09-28-2020, 03:31 AM
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#14
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Anonymous source AKA my ass
Lol if you think this will make any difference for the elections though.
Lol if you think this will make any difference for the elections though.
09-28-2020, 03:31 AM
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#15
09-28-2020, 03:34 AM
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#16
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if you have a huge loss you can carry over losses to future tax years hence not paying tax in the years ahead.
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09-28-2020, 03:36 AM
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#17
Originally Posted By Vishca⏩
Remember when your entire continent was to weak and we saved your asses...twice. Lol. Unfortunately we have had a bad couple of years, but don’t judge our character based on that of politicians and the urban liberal garbage you see on TV. Outside of our liberal Mecca’s we still have big balls.agreed must be messed up to be american nowadays,
y'all were represting the world wiith your movies;
times changing
RIP
y'all were represting the world wiith your movies;
times changing
RIP
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09-28-2020, 03:36 AM
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Originally Posted By smashedurgfx10⏩
you might be the most deluded person on the miscI don't blame the guy
All wealthy people find ways to avoid paying tax. Of course the libs are gonna lap this up though to fuel orange man bad
Guy is smart and knows how to stay rich
He can afford to pay and he isn't. I dont want to pay 70mil in taxes either. Seems logical to me
All wealthy people find ways to avoid paying tax. Of course the libs are gonna lap this up though to fuel orange man bad
Guy is smart and knows how to stay rich
He can afford to pay and he isn't. I dont want to pay 70mil in taxes either. Seems logical to me
At the time, three individuals with direct knowledge of Trump's finances told reporter Timothy L. O'Brien that Trump's actual net worth was between $150 and $250 million, though Trump then publicly claimed a net worth of $5 to $6 billion.[7] Claiming libel, Trump sued the reporter (and his book publisher) for $5 billion, lost the case, and then lost again on appeal; Trump refused to turn over his unredacted tax returns despite his assertion they supported his case.[16]
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09-28-2020, 03:36 AM
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#19
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He doesn't pay INCOME taxes retard. Noone that is wealthy or runs a company does because they make their money through assets.
You realize businesses don't pay income tax right? Ever heard of capitol gains tax? property taxes?
He literally bragged about not paying income tax in 2016, remember?
How the fuk is this even a "breaking" story? NY Times literally reposting a story they reported on in 2016.
You realize businesses don't pay income tax right? Ever heard of capitol gains tax? property taxes?
He literally bragged about not paying income tax in 2016, remember?
How the fuk is this even a "breaking" story? NY Times literally reposting a story they reported on in 2016.
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09-28-2020, 03:38 AM
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#20
God forbid he doesn’t pay illegal immigrants healthcare and other chit Democrats entitlements
He’s still paying tens of millions in payroll taxes, property taxes etc
He had a huge loss in the hundreds of millions at some point, this came out in 2016. You can roll those loses to avoid income Taxes, when the losses are made back up he will pay taxes on the increases of the asset
Also Rachel Maddow got his taxes for something else showing he paid like $40 million for one year
This is literally the same chit from 2016, do you lefties come up with any new attacks?
He’s still paying tens of millions in payroll taxes, property taxes etc
He had a huge loss in the hundreds of millions at some point, this came out in 2016. You can roll those loses to avoid income Taxes, when the losses are made back up he will pay taxes on the increases of the asset
Also Rachel Maddow got his taxes for something else showing he paid like $40 million for one year
This is literally the same chit from 2016, do you lefties come up with any new attacks?
09-28-2020, 03:39 AM
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#21
09-28-2020, 03:43 AM
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#22
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Originally Posted By sg1976⏩
Big balls for sure, first one to start a space army, lmfao. For whom? exactly gonna fight for outter space against humans???Remember when your entire continent was to weak and we saved your asses...twice. Lol. Unfortunately we have had a bad couple of years, but don’t judge our character based on that of politicians and the urban liberal garbage you see on TV. Outside of our liberal Mecca’s we still have big balls.
lols
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EDIT: come and save us now for some free taste of merica, lel.
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09-28-2020, 03:46 AM
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#23
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Originally Posted By moosik85⏩
Exactly. All billionaires do it too. I don't know why people are shocked.Makes him look even smarter. Why would anyone pay more into this corrupt system then they have to?
How dare you!
Don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner.
LTC
09-28-2020, 03:46 AM
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#24
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Originally Posted By FeralBeast⏩
Pressed on why a billionaire only paid a few hundred dollars in the year he won the presidency, Trump insisted: “First of all I paid a lot, and I paid a lot of state income taxes too. The New York state charges a lot and I paid a lot of money in state. It’ll all be revealed. It’s going to come out but after the audit.”He doesn't pay INCOME taxes retard. Noone that is wealthy or runs a company does because they make their money through assets.
You realize businesses don't pay income tax right? Ever heard of capitol gains tax? property taxes?
He literally bragged about not paying income tax in 2016, remember?
How the fuk is this even a "breaking" story? NY Times literally reposting a story they reported on in 2016.
You realize businesses don't pay income tax right? Ever heard of capitol gains tax? property taxes?
He literally bragged about not paying income tax in 2016, remember?
How the fuk is this even a "breaking" story? NY Times literally reposting a story they reported on in 2016.
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
09-28-2020, 03:52 AM
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#25
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Leftists are really becoming nervous it seems.
After a billion attacks Trump is still here and this election will be a rude awakening for the left, media and establishment. People don't believe you anymore.
After a billion attacks Trump is still here and this election will be a rude awakening for the left, media and establishment. People don't believe you anymore.
09-28-2020, 03:53 AM
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#26
It just shows you how utterly retarded most libs are.
1) Do they actually think Trump is drawing a salary and paying income tax like a fukin pleb
2) Do they not understand that reporting losses does not mean you are technically losing money
3) Do they understand how this guy built an asset base as large as his in the first place?
No they dont, and even if they did they would pretend they did not because they think it makes Trump look bad. So desperate for any bad news they need to manufacture it constantly, all while over the weekend we caught elected Dem officials harvesting ballots and there is nothing on the MSM.
If you are voting blue, you are either mentally handicapped or you are evil to the core.
1) Do they actually think Trump is drawing a salary and paying income tax like a fukin pleb
2) Do they not understand that reporting losses does not mean you are technically losing money
3) Do they understand how this guy built an asset base as large as his in the first place?
No they dont, and even if they did they would pretend they did not because they think it makes Trump look bad. So desperate for any bad news they need to manufacture it constantly, all while over the weekend we caught elected Dem officials harvesting ballots and there is nothing on the MSM.
If you are voting blue, you are either mentally handicapped or you are evil to the core.
09-28-2020, 03:58 AM
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#27
Originally Posted By Vishca⏩
European Union SoldiersBig balls for sure, first one to start a space army, lmfao. For whom? exactly gonna fight for outter space against humans???
lols
thiswillendgood.gif
EDIT: come and save us now for some free taste of merica, lel.
EUROPEAN UNION GONNA WHOOP YO ASS
lols
thiswillendgood.gif
EDIT: come and save us now for some free taste of merica, lel.
EUROPEAN UNION GONNA WHOOP YO ASS
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09-28-2020, 04:00 AM
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#28
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He leverages nearly a billion in debt for a reason.
You don’t need to be pulling in more than the amount you owe in loans to be worth a billion in assets or collect a 500k paycheck to fund a millionaire lifestyle
He’s now essentially in the pockets of the same people who print billions of dollars while paying back nearly none of it owed to foreign lenders
You don’t need to be pulling in more than the amount you owe in loans to be worth a billion in assets or collect a 500k paycheck to fund a millionaire lifestyle
He’s now essentially in the pockets of the same people who print billions of dollars while paying back nearly none of it owed to foreign lenders
09-28-2020, 04:13 AM
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#29
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Originally Posted By 4Mum69⏩
1. He does, he said soIt just shows you how utterly retarded most libs are.
1) Do they actually think Trump is drawing a salary and paying income tax like a fukin pleb
2) Do they not understand that reporting losses does not mean you are technically losing money
3) Do they understand how this guy built an asset base as large as his in the first place?
No they dont, and even if they did they would pretend they did not because they think it makes Trump look bad. So desperate for any bad news they need to manufacture it constantly, all while over the weekend we caught elected Dem officials harvesting ballots and there is nothing on the MSM.
If you are voting blue, you are either mentally handicapped or you are evil to the core.
1) Do they actually think Trump is drawing a salary and paying income tax like a fukin pleb
2) Do they not understand that reporting losses does not mean you are technically losing money
3) Do they understand how this guy built an asset base as large as his in the first place?
No they dont, and even if they did they would pretend they did not because they think it makes Trump look bad. So desperate for any bad news they need to manufacture it constantly, all while over the weekend we caught elected Dem officials harvesting ballots and there is nothing on the MSM.
If you are voting blue, you are either mentally handicapped or you are evil to the core.
Trump insisted: “First of all I paid a lot, and I paid a lot of state income taxes too." (quote from yesterday)
2. He is losing money. If he wasnt, wouldnt he release his tax returns, instead of just yelling 'fake news'
3. Two massive inheritances. (burnt through the first one, has substantially underperformed the market with the second one)
2023 bertie awards 2024 nominations
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09-28-2020, 04:13 AM
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#30
Originally Posted By quadfecta⏩
Utterly stupid comment to make.He leverages nearly a billion in debt for a reason.
You don’t need to be pulling in more than the amount you owe in loans to be worth a billion in assets or collect a 500k paycheck to fund a millionaire lifestyle
He’s now essentially in the pockets of the same people who print billions of dollars while paying back nearly none of it owed to foreign lenders
You don’t need to be pulling in more than the amount you owe in loans to be worth a billion in assets or collect a 500k paycheck to fund a millionaire lifestyle
He’s now essentially in the pockets of the same people who print billions of dollars while paying back nearly none of it owed to foreign lenders
You carry forward your losses and depreciation to reduce tax exposure, and then you deploy capital as projects are coming to an end or starting to turn a profit. If capital works are substantial we are talking about years and years of this, which is why the losses reported are significant at times. The fact that everything is owned in private family trust structures means that the Trump family has built an eye watering asset base over the years.
Nothing illegal, its just run of the mill property development for anyone who is not an idiot or a REIT. This is simple, simple stuff.
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