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The New Coffee Room

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  3. NYT publishes Trump tax returns

NYT publishes Trump tax returns

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  • M Offline
    M Offline
    Mik
    wrote on 27 Sept 2020, 23:03 last edited by
    #1

    NO one is going to care They just keep trying to do this stuff and coming up empty handed.

    https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html?smid=fb-share&fbclid=IwAR3ZRWy7iXwlQOmQ0dsXh3m2UDeOzWofq26T5DIxWa8lYzJe8uitPi73N94

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

    1 Reply Last reply
    • G Offline
      G Offline
      George K
      wrote on 27 Sept 2020, 23:10 last edited by
      #2

      I haven't bothered to dig into the weeds of what the Times says. But, the bottom line is this: Did he do anything illegal (one story claims that he took advantage of an Obama-era law change)? If he did, prosecute away.

      (Is Lois Lerner still working, by the way?)

      If he and his attorneys followed the rules, STFU.

      If we don't know, audit away (which is what he's said is going on).

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

      1 Reply Last reply
      • L Offline
        L Offline
        Loki
        wrote on 27 Sept 2020, 23:22 last edited by
        #3

        At this point it won’t change any minds but it would have really hurt four years ago. He is so used to taking so many shots now he will have an answer.

        1 Reply Last reply
        • 8 Offline
          8 Offline
          89th
          wrote on 28 Sept 2020, 00:04 last edited by
          #4

          Whether he paid $0 or paid $10,000,000...as long as he paid what he owed, then whatever!

          1 Reply Last reply
          • M Offline
            M Offline
            Mik
            wrote on 28 Sept 2020, 00:47 last edited by
            #5

            |=justified paragraph=|They only angle they are pursuing is he shows losses. Big whoop.

            “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

            1 Reply Last reply
            • T Offline
              T Offline
              taiwan_girl
              wrote on 28 Sept 2020, 01:08 last edited by
              #6

              When we discuss this before, I said that I think the only reason that he does not want to release his tax forms is for two reasons:

              1. He does not make as much money as he says he does
              2. He does not donate much (if any) to charity.

              I think that is still true, but as everybody above me said, it really won't change anybody mind.

              Those who support him will say - "So what"
              Those who dont support him will say - "See"

              And it won't matter either way.

              1 Reply Last reply
              • J Offline
                J Offline
                Jolly
                wrote on 28 Sept 2020, 01:10 last edited by
                #7

                It didn't matter to begin with.

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                T 1 Reply Last reply 28 Sept 2020, 01:12
                • J Jolly
                  28 Sept 2020, 01:10

                  It didn't matter to begin with.

                  T Offline
                  T Offline
                  taiwan_girl
                  wrote on 28 Sept 2020, 01:12 last edited by
                  #8

                  @Jolly As you would say, it is perception. LOL

                  1 Reply Last reply
                  • J Offline
                    J Offline
                    jon-nyc
                    wrote on 28 Sept 2020, 01:14 last edited by
                    #9

                    This tells us what we always knew about him, he’s better at playing successful mogul than actually being one.

                    These aren’t going to be legally interesting on their own in any novel way, the IRS has been auditing them for years.

                    The legally interesting bit is how all these massive loss claims interact with the various loan documents submitted at the same time. That’s where the fraud potential lies.

                    Only non-witches get due process.

                    • Cotton Mather, Salem Massachusetts, 1692
                    D 1 Reply Last reply 28 Sept 2020, 11:11
                    • J Offline
                      J Offline
                      jon-nyc
                      wrote on 28 Sept 2020, 02:03 last edited by jon-nyc
                      #10

                      Personally guaranteed debt of $400MM due 2022, plus a disputed 72MM with the IRS.

                      I wonder who he owes that 400 million to?

                      That could bankrupt him personally.

                      Seems like a potential national security issue.

                      Only non-witches get due process.

                      • Cotton Mather, Salem Massachusetts, 1692
                      A 1 Reply Last reply 29 Sept 2020, 01:27
                      • J Offline
                        J Offline
                        Jolly
                        wrote on 28 Sept 2020, 02:03 last edited by
                        #11

                        Then why doesn't the vaunted Grey Lady do a story on something we don't know, like what Hunter did to earn millions from the Russians, Chinese and the Ukranians?

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                        X 1 Reply Last reply 28 Sept 2020, 02:11
                        • C Offline
                          C Offline
                          Copper
                          wrote on 28 Sept 2020, 02:08 last edited by
                          #12

                          Create your free account or log in to continue reading.

                          1 Reply Last reply
                          • J Jolly
                            28 Sept 2020, 02:03

                            Then why doesn't the vaunted Grey Lady do a story on something we don't know, like what Hunter did to earn millions from the Russians, Chinese and the Ukranians?

                            X Offline
                            X Offline
                            xenon
                            wrote on 28 Sept 2020, 02:11 last edited by xenon
                            #13

                            @Jolly said in NYT publishes Trump tax returns:

                            Then why doesn't the vaunted Grey Lady do a story on something we don't know, like what Hunter did to earn millions from the Russians, Chinese and the Ukranians?

                            Didn’t the senate investigate this? Did they turn up something or not?

                            1 Reply Last reply
                            • J Offline
                              J Offline
                              jon-nyc
                              wrote on 28 Sept 2020, 02:45 last edited by
                              #14

                              I think the $400MM personally guaranteed debt to god-knows-whom is one of the big deals that will fall out of this. Though of course the media will focus on the trivial total income tax paid.

                              There’s a reason you can’t get a security clearance when you’re heavily in debt.

                              Only non-witches get due process.

                              • Cotton Mather, Salem Massachusetts, 1692
                              1 Reply Last reply
                              • A Offline
                                A Offline
                                Axtremus
                                wrote on 28 Sept 2020, 03:13 last edited by
                                #15

                                So in 2016, Trump paid Stormy Daniels 173 times more money than he paid in federal income tax.

                                Wonder if he deducted his payment to Stormy from his taxes.

                                1 Reply Last reply
                                • J Offline
                                  J Offline
                                  jon-nyc
                                  wrote on 28 Sept 2020, 04:15 last edited by
                                  #16

                                  I wonder if his reported income was low enough for him to get the $1200 Covid check?

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  1 Reply Last reply
                                  • J jon-nyc
                                    28 Sept 2020, 01:14

                                    This tells us what we always knew about him, he’s better at playing successful mogul than actually being one.

                                    These aren’t going to be legally interesting on their own in any novel way, the IRS has been auditing them for years.

                                    The legally interesting bit is how all these massive loss claims interact with the various loan documents submitted at the same time. That’s where the fraud potential lies.

                                    D Offline
                                    D Offline
                                    Doctor Phibes
                                    wrote on 28 Sept 2020, 11:11 last edited by
                                    #17

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

                                    This tells us what we always knew about him, he’s better at playing successful mogul than actually being one.

                                    Which is of course why he didn't want to release them. It's never been about legality. It's about his bullshit.

                                    I was only joking

                                    1 Reply Last reply
                                    • J Offline
                                      J Offline
                                      jon-nyc
                                      wrote on 28 Sept 2020, 11:18 last edited by
                                      #18

                                      Well the idea that he was hiding specific tax fraud in his returns never made sense because the Feds obviously had them.

                                      But hiding them from bankers that might have received very different information is certainly in play here. Seems more likely than not given that he was able to get any loans at all.

                                      Only non-witches get due process.

                                      • Cotton Mather, Salem Massachusetts, 1692
                                      1 Reply Last reply
                                      • J Offline
                                        J Offline
                                        jon-nyc
                                        wrote on 28 Sept 2020, 11:19 last edited by jon-nyc
                                        #19

                                        I still think the big news is the national security implications of nearly a half billion in personal debt.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        D A 2 Replies Last reply 28 Sept 2020, 11:39
                                        • J Offline
                                          J Offline
                                          jon-nyc
                                          wrote on 28 Sept 2020, 11:22 last edited by
                                          #20

                                          Also all kinds of ironies in the fact that The Apprentice kept him afloat for many years.

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
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