NYT publishes Trump tax returns
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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?
wrote on 28 Sept 2020, 19:23 last edited by@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?
Yes, I tend to think that a big part of it is loopholes. A lot of shell games. Frankly, Trump can and should use this to his advantage. Point out that yes, it is ridiculous that he spent $750 in taxes, but hey, that’s the rules and system that Mr. Biden and Biden’s friends in Congress set up. He simply played by their rules. Not his fault he was better at it then they were... But this the very reason why he, Donald Trump, has been working to simplify the tax system and do away with this Byzantine system...
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@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?
Yes, I tend to think that a big part of it is loopholes. A lot of shell games. Frankly, Trump can and should use this to his advantage. Point out that yes, it is ridiculous that he spent $750 in taxes, but hey, that’s the rules and system that Mr. Biden and Biden’s friends in Congress set up. He simply played by their rules. Not his fault he was better at it then they were... But this the very reason why he, Donald Trump, has been working to simplify the tax system and do away with this Byzantine system...
wrote on 28 Sept 2020, 19:29 last edited by Doctor Phibes@LuFins-Dad 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?
Yes, I tend to think that a big part of it is loopholes. A lot of shell games. Frankly, Trump can and should use this to his advantage. Point out that yes, it is ridiculous that he spent $750 in taxes, but hey, that’s the rules and system that Mr. Biden and Biden’s friends in Congress set up. He simply played by their rules. Not his fault he was better at it then they were... But this the very reason why he, Donald Trump, has been working to simplify the tax system and do away with this Byzantine system...
This might be more believable if he hadn't refused to release his returns in the first place. Or maybe boasting about doing something you've been trying to cover up is the next level 5D chess.
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@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?
Yes, I tend to think that a big part of it is loopholes. A lot of shell games. Frankly, Trump can and should use this to his advantage. Point out that yes, it is ridiculous that he spent $750 in taxes, but hey, that’s the rules and system that Mr. Biden and Biden’s friends in Congress set up. He simply played by their rules. Not his fault he was better at it then they were... But this the very reason why he, Donald Trump, has been working to simplify the tax system and do away with this Byzantine system...
wrote on 28 Sept 2020, 19:30 last edited by@LuFins-Dad 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?
Yes, I tend to think that a big part of it is loopholes. A lot of shell games. Frankly, Trump can and should use this to his advantage. Point out that yes, it is ridiculous that he spent $750 in taxes, but hey, that’s the rules and system that Mr. Biden and Biden’s friends in Congress set up. He simply played by their rules. Not his fault he was better at it then they were... But this the very reason why he, Donald Trump, has been working to simplify the tax system and do away with this Byzantine system...
Really good points and any good tax advisory service would point out all the things they were doing to your tax return. Duh
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@LuFins-Dad 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?
Yes, I tend to think that a big part of it is loopholes. A lot of shell games. Frankly, Trump can and should use this to his advantage. Point out that yes, it is ridiculous that he spent $750 in taxes, but hey, that’s the rules and system that Mr. Biden and Biden’s friends in Congress set up. He simply played by their rules. Not his fault he was better at it then they were... But this the very reason why he, Donald Trump, has been working to simplify the tax system and do away with this Byzantine system...
This might be more believable if he hadn't refused to release his returns in the first place. Or maybe boasting about doing something you've been trying to cover up is the next level 5D chess.
wrote on 28 Sept 2020, 19:40 last edited by@Doctor-Phibes said in NYT publishes Trump tax returns:
@LuFins-Dad 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?
Yes, I tend to think that a big part of it is loopholes. A lot of shell games. Frankly, Trump can and should use this to his advantage. Point out that yes, it is ridiculous that he spent $750 in taxes, but hey, that’s the rules and system that Mr. Biden and Biden’s friends in Congress set up. He simply played by their rules. Not his fault he was better at it then they were... But this the very reason why he, Donald Trump, has been working to simplify the tax system and do away with this Byzantine system...
This might be more believable if he hadn't refused to release his returns in the first place. Or maybe boasting about doing something you've been trying to cover up is the next level 5D chess.
The fact is that the numbers the Times are reporting are useless without context. Compensation takes place in ALOT of ways, a lot of which don’t show up on a P&L.
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@jon-nyc said in NYT publishes Trump tax returns:
@Larry said in NYT publishes Trump tax returns:
I looked it up - just the golf courses alone generated 1.9 billion dollars in profit during his first 3 years in office.
Nonsense.
I stand corrected. The figure is for all his businesses, and it was gross, not net. Still, that's far from being broke, and everything else I said still stands.
wrote on 28 Sept 2020, 22:12 last edited by@Larry said in NYT publishes Trump tax returns:
@jon-nyc said in NYT publishes Trump tax returns:
@Larry said in NYT publishes Trump tax returns:
I looked it up - just the golf courses alone generated 1.9 billion dollars in profit during his first 3 years in office.
Nonsense.
I stand corrected. The figure is for all his businesses, and it was gross, not net. Still, that's far from being broke, and everything else I said still stands.
Nope they have the returns for the whole Trump organization, not just his personal returns. In fact, they're missing 2018 and 2019 of his personal returns.
The Forbes piece was just estimates.
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wrote on 28 Sept 2020, 22:21 last edited by
And the NYT figures are “We promise! Trust us!” numbers without context or supporting docs...
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wrote on 28 Sept 2020, 22:29 last edited by
I wonder if there's a legal reason for them not to release the actual docs or if they would identify the source.
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wrote on 28 Sept 2020, 22:32 last edited by
@jon-nyc said in NYT publishes Trump tax returns:
I wonder if there's a legal reason for them not to release the actual docs or if they would identify the source.
https://www.nytimes.com/2020/09/27/us/trump-taxes-editors-note.html
"We are not making the records themselves public because we do not want to jeopardize our sources, who have taken enormous personal risks to help inform the public." -
wrote on 28 Sept 2020, 22:34 last edited by
OK, so we are informed.
Now let's lock up the sources.
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@jon-nyc said in NYT publishes Trump tax returns:
I wonder if there's a legal reason for them not to release the actual docs or if they would identify the source.
https://www.nytimes.com/2020/09/27/us/trump-taxes-editors-note.html
"We are not making the records themselves public because we do not want to jeopardize our sources, who have taken enormous personal risks to help inform the public."wrote on 28 Sept 2020, 22:34 last edited by@Axtremus said in NYT publishes Trump tax returns:
@jon-nyc said in NYT publishes Trump tax returns:
I wonder if there's a legal reason for them not to release the actual docs or if they would identify the source.
https://www.nytimes.com/2020/09/27/us/trump-taxes-editors-note.html
"We are not making the records themselves public because we do not want to jeopardize our sources, who have taken enormous personal risks to help inform the public."Give it 3 months. It'll all come out who they are. The only way for two or more people to keep a secret like this is for only one of them to be alive.
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wrote on 28 Sept 2020, 22:38 last edited by
I'm a bit curious if the legality depends on the source.
Obviously it's illegal for an IRS employee to leak them. But is it an actual crime if, say, the secretary at the accounting firm does? I could imagine that going either way. Obviously they'd face professional and civil repercussions.
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wrote on 29 Sept 2020, 00:20 last edited by
They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
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They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
wrote on 29 Sept 2020, 00:35 last edited by@Jolly said in NYT publishes Trump tax returns:
They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
The leak sounds illegal (I don't really know of any legal ways to leak a tax return).
That said - once the info is out, it's out.
I dunno what it means, haven't had a chance to look through myself yet.
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@Jolly said in NYT publishes Trump tax returns:
They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
The leak sounds illegal (I don't really know of any legal ways to leak a tax return).
That said - once the info is out, it's out.
I dunno what it means, haven't had a chance to look through myself yet.
wrote on 29 Sept 2020, 00:36 last edited by@xenon said in NYT publishes Trump tax returns:
@Jolly said in NYT publishes Trump tax returns:
They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
The leak sounds illegal (I don't really know of any legal ways to leak a tax return).
That said - once the info is out, it's out.
I dunno what it means, haven't had a chance to look through myself yet.
Yep, once it's out, it's out.
Somebody needs to go to jail.
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@Jolly said in NYT publishes Trump tax returns:
They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
The leak sounds illegal (I don't really know of any legal ways to leak a tax return).
That said - once the info is out, it's out.
I dunno what it means, haven't had a chance to look through myself yet.
wrote on 29 Sept 2020, 00:58 last edited by@xenon said in NYT publishes Trump tax returns:
@Jolly said in NYT publishes Trump tax returns:
They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
The leak sounds illegal (I don't really know of any legal ways to leak a tax return).
That said - once the info is out, it's out.
That’s what this year taught me.
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@xenon said in NYT publishes Trump tax returns:
@Jolly said in NYT publishes Trump tax returns:
They need to go to jail.
Trump. Biden. Clinton. I don't care. For stuff like this, somebody needs to go to jail.
The leak sounds illegal (I don't really know of any legal ways to leak a tax return).
That said - once the info is out, it's out.
I dunno what it means, haven't had a chance to look through myself yet.
Yep, once it's out, it's out.
Somebody needs to go to jail.
wrote on 29 Sept 2020, 01:15 last edited by -
wrote on 29 Sept 2020, 01:24 last edited by Jolly
You mean the gal that hung out with the dope dealer?
She can't go to jail...Well, maybe if you dug up her corpse...
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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.
wrote on 29 Sept 2020, 01:27 last edited by@jon-nyc said in NYT publishes Trump tax returns:
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.
Speaker Pelosi is picking this up:
Trump taxes are 'national security' issue, Nancy Pelosi says
https://www.bbc.co.uk/news/business-54332956Speaking on NBC, Ms Pelosi said the report showed that "this president appears to have over $400m in debt".
"To whom? Different countries? What is the leverage they have?" she asked, adding: "So for me, this is a national security question." -
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?
wrote on 29 Sept 2020, 02:05 last edited by 89th@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?
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Trump Steaks
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GoTrump
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Trump Airlines
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Trump Vodka
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Trump Mortgage
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Trump: The Game
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Trump Magazine
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Trump University
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Trump Ice
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The New Jersey Generals
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Tour de Trump
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Trump Network
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Trumped!
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Trump Taj Mahal
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Trump’s Castle
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Trump Plaza Casinos
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Trump Plaza Hotel
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Trump Hotels and Casinos Resorts
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Trump Entertainment Resorts
....wanna guess what these all have in common, besides having the name Trump in them?
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wrote on 29 Sept 2020, 02:25 last edited by
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.
Only non-witches get due process.
- Cotton Mather, Salem Massachusetts, 1692
