NYT publishes Trump tax returns

Aqua Letifer

@89th said in NYT publishes Trump tax returns:

@Aqua-Letifer said in NYT publishes Trump tax returns:

Don't the details that were publicized mean that either he's using loopholes, legal though they may be, or he's not the successful captain of industry his devotees make him out to be?

Trump Steaks

GoTrump

Trump Airlines

Trump Vodka

Trump Mortgage

Trump: The Game

Trump Magazine

Trump University

Trump Ice

The New Jersey Generals

Tour de Trump

Trump Network

Trumped!

Trump Taj Mahal

Trump’s Castle

Trump Plaza Casinos

Trump Plaza Hotel

Trump Hotels and Casinos Resorts

Trump Entertainment Resorts

....wanna guess what these all have in common, besides having the name Trump in them?

They're all the mark of a winner? Who keeps winning, on so many levels of D that it approaches infinity?

Rainman

@jon-nyc said in NYT publishes Trump tax returns:

It confirms what we’ve always known - he’s a shit businessman and a first rate self-promoter. The Apprentice kept him afloat and gave him a platform from which advanced to the presidency.

jon jon jon.
Please be clear. Is "we've always known" include everyone here, everyone in the world, everyone in the universe? Even God!!?? Could be, your mind-reading is that objective? And "always" must mean like centuries ago, like gravity, right? "We've always known..."

"shit businessman" -- of course!, but that phrase just wouldn't fit on the side of one of his jets, so what's a guy gonna do.

"first-rate self-promoter." That's true, I can't stand second rate self-promoters, know what I mean? Especially when he is surrounded by modest politicians, humble, quiet, deep. So many examples of humility in politics and all walks of life. Even Ax's piano playing!

I never watched his "Apprentice" TV show. Heard it had quite the following. Thanks for keeping him afloat, though. And from a TV show, advancing to the presidency. . . so THAT'S how it's done! I have been misled all these years.

And, I've decided that the Vette should be candy-apple red, with a tan ragtop. Definitely tan.

Larry

@jon-nyc said in NYT publishes Trump tax returns:

It confirms what we’ve always known - he’s a shit businessman and a first rate self-promoter. The Apprentice kept him afloat and gave him a platform from which advanced to the presidency.

No, it's called licensing your brand.

Larry

It would be funny if it werent so sad, watching some of you show how ignorant you are of how business works. I guess its true that some people just need to stick to desk jobs.

jon-nyc

@Mik said in NYT publishes Trump tax returns:

How, pray tell, did a shit businessman manage to get himself elected president?

See the other half of the quote.

jon-nyc

@Rainman Self-promotion can sometimes be more remunerative than business acumen. Much, much more in Trump’s case.

Doctor Phibes

@Mik said in NYT publishes Trump tax returns:

How, pray tell, did a shit businessman manage to get himself elected president?

The same way that shit actors manage to get themselves elected governor of California, and in some cases President?

Jolly

Trump has a point about taxes.

I think everybody with any level of income, should pay taxes. Any income.

Mik

I think he needs to not discuss it in the debates. Been audited, no laws broken, end of story.

Axtremus

@Mik said in NYT publishes Trump tax returns:

I think he needs to not discuss it in the debates. Been audited, no laws broken, end of story.

According to Trump himself, the audit is still on-going, so you cannot yet conclude whether there is any law broken, the story has not ended.

Copper

There are a lot of businessmen who would sell their souls to achieve what Mr. Trump has achieved.

By almost any measure he is very successful.

For example, the presidency is a prize that has eluded many talented people.

LuFins Dad

So this image has been circulating social media meant as an indictment on Trump, but I see it as more of an indictment on Obama... What do you think?

Jolly

@LuFins-Dad said in NYT publishes Trump tax returns:

So this image has been circulating social media meant as an indictment on Trump, but I see it as more of an indictment on Obama... What do you think?

That's interesting. Man made a fortune off of being President...

xenon

It was book royalties.

taiwan_girl

One thing I haven’t seen in the newspaper is saying what President Trump income was for the years.

jon-nyc

@LuFins-Dad said in NYT publishes Trump tax returns:

So this image has been circulating social media meant as an indictment on Trump, but I see it as more of an indictment on Obama... What do you think?

It was from his book. 1099 income. Not a lot of fancy deduction opportunities.

Copper

That $750 in 2017 amount is making headlines.

But I'm looking at the Times story and it says

Each time, he requested an extension to file his 1040; and each time, he made the required payment to the I.R.S. for income taxes he might owe — $1 million for 2016 and $4.2 million for 2017. But virtually all of that liability was washed away when he eventually filed, and most of the payments were rolled forward to cover potential taxes in future years.

So, he paid $4.2 million in 2017

But "virtually all of that liability was washed away"

What kind of statement is that? virtually? washed away?

There is an indication that the $750 was the amount owed on tax day, but he had already paid $4.2 million.

I can't say I understand what the nyt is saying, but it looks to me like they might be stretching the facts.

https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html

jon-nyc

@Copper said in NYT publishes Trump tax returns:

and most of the payments were rolled forward to cover potential taxes in future years.

SO that mean he "overpaid" and didn't ask for a refund, rather rolled it forward. I do it every year, albeit with smaller numbers.

LuFins Dad

So Trump loaned the US $4,000,000 interest free to indefinitely. He’s a helluva guy!

Doctor Phibes

@Copper said in NYT publishes Trump tax returns:

There are a lot of businessmen who would sell their souls to achieve what Mr. Trump has achieved.

He did sell his soul. Why do you think he's in such horrendous debt?

The New Coffee Room

NYT publishes Trump tax returns