Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Trump tax returns..pays nothing in 10 of 15 years rotflmao..
  1. Results 121 to 150 of 210
  2. Page 5 of 7
  3. First
  5. 3
  6. 4
  7. 5
  8. 6
  9. 7
  11. Last

Thread: Trump tax returns..pays nothing in 10 of 15 years rotflmao..

post 1617825861 09-28-2020, 11:41 AM
-
#121
  1. ~Hades~
  2. True Patriot Crew
  1. ~Hades~
  2. True Patriot Crew
  3. Join Date: Dec 2007
  4. Posts: 26,187
  5. Rep Power: 695527
Originally Posted By samsbolton⏩
I’ve never commented on the Russian accusations because they are, far as i know, impossible to substantiate (and I don’t really care)

His ‘wealth’ (or lack thereof) is his whole brand though. Btw, his latest tweet doesn’t say the ny times documents are ‘fake’, it says they were ‘illegally obtained’! And could all be so easily disproved by Trump himself with his tax returns. Surely he will release them before the election?
Are you not smart enough to understand that being wealthy and paying income tax don’t have anything to do with each other?

Or even a basic understanding of how deductions work?


You can really tell who the poverty people are Here by their stark lack of understanding of taxes.
Royal Crew
Chiefs Crew
Festivus Cew
post 1617826121 09-28-2020, 11:44 AM
-
#122
  1. samsbolton
  2. Registered User
  1. samsbolton
  2. Registered User
  3. Join Date: Jan 2006
  4. Location: United Kingdom (Great Britain)
  5. Age: 52
  6. Posts: 25,801
  7. Rep Power: 63497
Originally Posted By HMFIC_BROWSIN⏩
Kind of wild. Not even hard to explain why you wouldn't be taxed on a paper "loss"....

From the perspective for potato OP, let me explain it in a way you may understand: your wagecel job fires you on 12/31/2019.... You don't work for an entire year, go back to school, and collect zero net income... Should you pay income tax for the year 2020? By your logic, yes.... By normal people logic, no.
You’d have half a point if his business was just real estate, but it isnt. What about the hotels, casinos, golf courses? His european course all lose money, his casinos are shut. Obviously his hotels won’t do well during the pandemic especially.

You’re assuming he doesn’t pay tax because ‘he’s smart’. All the evidence points to him not paying tax because he’s a crap businessman
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1617826371 09-28-2020, 11:47 AM
-
#123
  1. dj006xx
  2. ⓈⓂⓄⓄⓉⒽ
  1. dj006xx
  2. ⓈⓂⓄⓄⓉⒽ
  3. Join Date: Mar 2010
  4. Posts: 3,389
  5. Rep Power: 93217
Originally Posted By Jrd86⏩
The problem is finance is not tought enough in schools. People think debt is bad. And for the poor and middle class, it is. But for the ultra wealthy and successful, its business as usual.
so sad , yet so true. Leveraging debt to build wealth 101. bu b buu buut $750. - libtard posting on twitter from their new $1500 iphone
post 1617826551 09-28-2020, 11:48 AM
-
#124
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By samsbolton⏩
You’re assuming he doesn’t pay tax because ‘he’s smart’. All the evidence points to him not paying tax because he’s a crap businessman
I'm actually assuming he isn't paying taxes because of a very basic, easy to digest, elementary level understanding of accounting.
post 1617826831 09-28-2020, 11:50 AM
-
#125
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By ~Hades~⏩
Are you not smart enough to understand that being wealthy and paying income tax don’t have anything to do with each other?

Or even a basic understanding of how deductions work?


You can really tell who the poverty people are Here by their stark lack of understanding of taxes.
This sambolton guy it says he's 46.... Wtf m8
post 1617827131 09-28-2020, 11:52 AM
-
#126
  1. samsbolton
  2. Registered User
  1. samsbolton
  2. Registered User
  3. Join Date: Jan 2006
  4. Location: United Kingdom (Great Britain)
  5. Age: 52
  6. Posts: 25,801
  7. Rep Power: 63497
Originally Posted By HMFIC_BROWSIN⏩
I'm actually assuming he isn't paying taxes because of a very basic, easy to digest, elementary level understanding of accounting.
If he released his education records we could see if he passed accounting 101. Of course, he won’t do that either.

It’s true what they say. Trump is the poor mans rich man
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1617827211 09-28-2020, 11:53 AM
-
#127
  1. JLay87
  2. Registered User
  1. JLay87
  2. Registered User
  3. Join Date: Jan 2011
  4. Age: 39
  5. Posts: 1,142
  6. Rep Power: 1673
Originally Posted By pondus_levo⏩
U mad he's smarter than you?

When will you idiots understand that his wealth comes from his company and other investments, not a salary.

If you don't like being a wagecuck, try to be one of the 10% that has a successful company/brands.
This isn't about his personal income tax return. Read the phucking article:

"The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office.."

And the article already covers the question as to whether these are simply paper losses - they are not. He is actually hemorrhaging cash through these "investments".
post 1617827221 09-28-2020, 11:53 AM
-
#128
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By samsbolton⏩
If he released his education records we could see if he passed accounting 101. Of course, he won’t do that either.

It’s true what they say. Trump is the poor mans rich man
Yeah, bezos too... And almost every other billionaire, ever.
post 1617827261 09-28-2020, 11:54 AM
-
#129
  1. anonymous
  2. Guest
  1. anonymous
  2. Guest
  3. Join Date:
  4. Posts: 12,500
  5. Rep Power: 1
OP should give Klumpfh some lessons on personal finance, anyone who drives a 20+ year old mini has to be Dan Bilzerian tier wealthmaxxing
post 1617827331 09-28-2020, 11:55 AM
-
#130
  1. JLay87
  2. Registered User
  1. JLay87
  2. Registered User
  3. Join Date: Jan 2011
  4. Age: 39
  5. Posts: 1,142
  6. Rep Power: 1673
Originally Posted By Austanian⏩
People I have told this to for years are surprised...

Real-estate gains are taxed when the returns are realized. Depreciation almost always out paces Net Income before depreciation to the point where it would be extremely rare to be taxed at all.
Read the article. He was at a net loss prior to depreciation expense.
post 1617827601 09-28-2020, 11:57 AM
-
#131
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By JLay87⏩
This isn't about his personal income tax return. Read the phucking article:

"The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office.."

And the article already covers the question as to whether these are simply paper losses - they are not. He is actually hemorrhaging cash through these "investments".
That's literally how businesses are run.

You have overhead, real estate, insurance, utilities.... The NFL was tax exempt until 2015, is that also a horrible business?
post 1617827651 09-28-2020, 11:57 AM
-
#132
  1. Austanian
  2. IDDQD
  1. Austanian
  2. IDDQD
  3. Join Date: Jul 2009
  4. Location: Coeur D Alene, Idaho, United States
  5. Posts: 22,120
  6. Rep Power: 89692
Originally Posted By samsbolton⏩
You’d have half a point if his business was just real estate, but it isnt. What about the hotels, casinos, golf courses? His european course all lose money, his casinos are shut. Obviously his hotels won’t do well during the pandemic especially.

You’re assuming he doesn’t pay tax because ‘he’s smart’. All the evidence points to him not paying tax because he’s a crap businessman
"HE" isn't doing his taxes... a team of CPAs are.

Hotels and Casino's are taxed the same way as real estate as the principle asset is the building. I am assuming the Golf Courses are usually part of the Hotel Property and accounted for in the same filing.

All the evidence points to him not paying taxes because standard GAAP and IFRS practices handle depreciation of buildings in a similar way. If Trump dies transferring ownership or Sells a property there will be a taxable event which will more than make up for the years of not paying taxes...
Originally Posted By JLay87⏩
Read the article. He was at a net loss prior to depreciation expense.
"What the tax records for Mr. Trump’s businesses show, however, is that he has lost chunks of his fortune even before depreciation is figured in. The three European golf courses, the Washington hotel, Doral and Trump Corporation reported losing a total of $150.3 million from 2010 through 2018, without including depreciation as an expense."

^^^ That?^^^^

You realize that means he was easily making 10s of millions per year right?
post 1617827991 09-28-2020, 12:01 PM
-
#133
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By Austanian⏩
"HE" isn't doing his taxes... a team of CPAs are.

Hotels and Casino's are taxed the same way as real estate as the principle asset is the building. I am assuming the Golf Courses are usually part of the Hotel Property and accounted for in the same filing.

All the evidence points to him not paying taxes because standard GAAP and IFRS practices handle depreciation of buildings in a similar way. If Trump dies transferring ownership or Sells a property there will be a taxable event which will more than make up for the years of not paying taxes...
B b b b b but my wagecel job takes money out every 2 weeks?!?!?!
post 1617828001 09-28-2020, 12:01 PM
-
#134
  1. JLay87
  2. Registered User
  1. JLay87
  2. Registered User
  3. Join Date: Jan 2011
  4. Age: 39
  5. Posts: 1,142
  6. Rep Power: 1673
Originally Posted By Austanian⏩
"HE" isn't doing his taxes... a team of CPAs are.

Hotels and Casino's are taxed the same way as real estate as the principle asset is the building. I am assuming the Golf Courses are usually part of the Hotel Property and accounted for in the same filing.

All the evidence points to him not paying taxes because standard GAAP and IFRS practices handle depreciation of buildings in a similar way. If Trump dies transferring ownership or Sells a property there will be a taxable event which will more than make up for the years of not paying taxes...
He was losing money even before depreciation. What this proves is that he's a horrible businessperson. He squandered his dad's fortune in some of the most incredibly unprofitable ventures ever. He got rich again because of Mark Burnett's work on The Apprentice. He then plowed all that money into ventures that lost a ton of money again. This entire idea that he's this smart businessperson is a facade, and this is yet more evidence of that.
post 1617828191 09-28-2020, 12:03 PM
-
#135
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By JLay87⏩
He was losing money even before depreciation. What this proves is that he's a horrible businessperson. He squandered his dad's fortune in some of the most incredibly unprofitable ventures ever. He got rich again because of Mark Burnett's work on The Apprentice. He then plowed all that money into ventures that lost a ton of money again. This entire idea that he's this smart businessperson is a facade, and this is yet more evidence of that.
Age: 33
post 1617828301 09-28-2020, 12:05 PM
-
#136
  1. Mundungus
  2. Reach for your ankles
  1. Mundungus
  2. Reach for your ankles
  3. Join Date: Oct 2006
  4. Location: Texas, United States
  5. Age: 42
  6. Posts: 4,524
  7. Rep Power: 22039
Originally Posted By rikugunchusa⏩
I forgot school taught people how to dodge taxes by paying your daughter consulting fees
Were your panties this bunched up when Mad Max was caught giving her daughter $200k for mailing out flyers?

Hahahha you demtards are something else. Trump is always damned if he does, damned if he doesn't because y'all always bitch no matter what he does. Get ready cuz here comes at least 4 more years of Trump living rent-free in your head.
*SCC*
*Texas Crew*
*Ginger Crew*
*Dad Crew*
post 1617828681 09-28-2020, 12:09 PM
-
#137
  1. Austanian
  2. IDDQD
  1. Austanian
  2. IDDQD
  3. Join Date: Jul 2009
  4. Location: Coeur D Alene, Idaho, United States
  5. Posts: 22,120
  6. Rep Power: 89692
Originally Posted By JLay87⏩
He was losing money even before depreciation. What this proves is that he's a horrible businessperson. He squandered his dad's fortune in some of the most incredibly unprofitable ventures ever. He got rich again because of Mark Burnett's work on The Apprentice. He then plowed all that money into ventures that lost a ton of money again. This entire idea that he's this smart businessperson is a facade, and this is yet more evidence of that.
LMAO you really should take an accounting 101 course before you comment on this chit...
post 1617828901 09-28-2020, 12:12 PM
-
#138
  1. rikugunchusa
  2. Registered User
  1. rikugunchusa
  2. Registered User
  3. Join Date: Oct 2017
  4. Age: 56
  5. Posts: 2,956
  6. Rep Power: 3877
Originally Posted By Mundungus⏩
Were your panties this bunched up when Mad Max was caught giving her daughter $200k for mailing out flyers?

Hahahha you demtards are something else. Trump is always damned if he does, damned if he doesn't because y'all always bitch no matter what he does. Get ready cuz here comes at least 4 more years of Trump living rent-free in your head.
Is this whataboutism supposed to help you sleep at night for ignoring whats in your face? I guess it makes it easier to justify sucking an elderly orange mans penis if someone else did it
pissing off trump cultists since 2020
post 1617829021 09-28-2020, 12:13 PM
-
#139
  1. JLay87
  2. Registered User
  1. JLay87
  2. Registered User
  3. Join Date: Jan 2011
  4. Age: 39
  5. Posts: 1,142
  6. Rep Power: 1673
Originally Posted By Austanian⏩
LMAO you really should take an accounting 101 course before you comment on this chit...
I know more about accounting than most people in this thread, apparently.
post 1617829761 09-28-2020, 12:26 PM
-
#140
  1. Austanian
  2. IDDQD
  1. Austanian
  2. IDDQD
  3. Join Date: Jul 2009
  4. Location: Coeur D Alene, Idaho, United States
  5. Posts: 22,120
  6. Rep Power: 89692
Originally Posted By JLay87⏩
I know more about accounting than most people in this thread, apparently.
The only thing worse than someone uneducated is someone that is uneducated thinking they know what they are talking about...

Even assuming the "150 million" loss before depreciation in an 8 year period is representative of normative operations...

Think of why that would not matter at all in Trumps situation. It was referred to multiple times on this page.
post 1617830301 09-28-2020, 12:34 PM
-
#141
  1. KhaosRises
  2. Super Member
  1. KhaosRises
  2. Super Member
  3. Join Date: Jan 2018
  4. Age: 37
  5. Posts: 1,056
  6. Rep Power: 0
The shrugging off and mental backflips from Trumpsters to justify this is hilarious. You clowns are in disarray right now. LOL
post 1617830661 09-28-2020, 12:38 PM
-
#142
  1. bezarker
  2. LIBTARD from KS
  1. bezarker
  2. LIBTARD from KS
  3. Join Date: Jan 2008
  4. Location: Shawnee Mission, Kansas, United States
  5. Posts: 90,864
  6. Rep Power: 714481
https://www.youtube.com/watch?v=lSGTsjkHzM4
post 1617831341 09-28-2020, 12:46 PM
-
#143
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By KhaosRises⏩
The shrugging off and mental backflips from Trumpsters to justify this is hilarious. You clowns are in disarray right now. LOL
By your logic, bezos, and the NFL are also major losers, awful businessmen.
post 1617831521 09-28-2020, 12:48 PM
-
#144
  1. BigBallsMcgee
  2. Registered User
  1. BigBallsMcgee
  2. Registered User
  3. Join Date: Jan 2018
  4. Age: 35
  5. Posts: 35,726
  6. Rep Power: 48512
trumpcels will make excuses and say they dont care.

cant wait for the meltdown on Nov 3rd
post 1617831751 09-28-2020, 12:52 PM
-
#145
  1. KhaosRises
  2. Super Member
  1. KhaosRises
  2. Super Member
  3. Join Date: Jan 2018
  4. Age: 37
  5. Posts: 1,056
  6. Rep Power: 0
Originally Posted By HMFIC_BROWSIN⏩
By your logic, bezos, and the NFL are also major losers, awful businessmen.
Terrible rebuttal. All you said was Trump is as corrupt as Bezos and the NFL.

Right wing disarray LOL
post 1617831831 09-28-2020, 12:52 PM
-
#146
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  1. HMFIC_BROWSIN
  2. Buy high, sell higher.
  3. Join Date: Feb 2009
  4. Location: Arizona, United States
  5. Posts: 73,524
  6. Rep Power: 348838
Originally Posted By KhaosRises⏩
Terrible rebuttal. All you said was Trump is as corrupt as Bezos and the NFL.

Right wing disarray LOL
Rofl. Troll life
post 1617832111 09-28-2020, 12:56 PM
-
#147
  1. KhaosRises
  2. Super Member
  1. KhaosRises
  2. Super Member
  3. Join Date: Jan 2018
  4. Age: 37
  5. Posts: 1,056
  6. Rep Power: 0
Originally Posted By HMFIC_BROWSIN⏩
HURR DURP
I see....
post 1617832341 09-28-2020, 12:59 PM
-
#148
  1. vickissick07
  2. Registered User
  1. vickissick07
  2. Registered User
  3. Join Date: Feb 2008
  4. Age: 42
  5. Posts: 7,713
  6. Rep Power: 59099
So we're back to taxes? Tell me something, why isn't or hasn't the irs went after Trump?

Nothing burger number 10000274
post 1617832481 09-28-2020, 01:01 PM
-
#149
  1. KhaosRises
  2. Super Member
  1. KhaosRises
  2. Super Member
  3. Join Date: Jan 2018
  4. Age: 37
  5. Posts: 1,056
  6. Rep Power: 0
Originally Posted By vickissick07⏩
So we're back to taxes? Tell me something, why isn't or hasn't the irs went after Trump?

Nothing burger number 10000274
Corruption and bribery. This isn't rocket science, dumb dumb.
post 1617832571 09-28-2020, 01:02 PM
-
#150
  1. vickissick07
  2. Registered User
  1. vickissick07
  2. Registered User
  3. Join Date: Feb 2008
  4. Age: 42
  5. Posts: 7,713
  6. Rep Power: 59099
Originally Posted By KhaosRises⏩
Corruption and bribery. This isn't rocket science, dumb dumb.
And before he was president?
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts