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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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  • MikM Away
    MikM Away
    Mik
    wrote on 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
    • George KG Offline
      George KG Offline
      George K
      wrote on 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 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
        • 89th8 Offline
          89th8 Offline
          89th
          wrote on 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
          • MikM Away
            MikM Away
            Mik
            wrote on 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
            • taiwan_girlT Offline
              taiwan_girlT Offline
              taiwan_girl
              wrote on 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
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on 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

                taiwan_girlT 1 Reply Last reply
                • JollyJ Jolly

                  It didn't matter to begin with.

                  taiwan_girlT Offline
                  taiwan_girlT Offline
                  taiwan_girl
                  wrote on last edited by
                  #8

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

                  1 Reply Last reply
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote on 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
                    Doctor PhibesD 1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote on 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
                      AxtremusA 1 Reply Last reply
                      • JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on 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
                        • CopperC Offline
                          CopperC Offline
                          Copper
                          wrote on last edited by
                          #12

                          Create your free account or log in to continue reading.

                          1 Reply Last reply
                          • JollyJ Jolly

                            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 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
                            • jon-nycJ Online
                              jon-nycJ Online
                              jon-nyc
                              wrote on 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
                              • AxtremusA Offline
                                AxtremusA Offline
                                Axtremus
                                wrote on 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
                                • jon-nycJ Online
                                  jon-nycJ Online
                                  jon-nyc
                                  wrote on 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
                                  • jon-nycJ jon-nyc

                                    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.

                                    Doctor PhibesD Online
                                    Doctor PhibesD Online
                                    Doctor Phibes
                                    wrote on 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
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote on 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
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote on 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
                                        Doctor PhibesD AxtremusA 2 Replies Last reply
                                        • jon-nycJ Online
                                          jon-nycJ Online
                                          jon-nyc
                                          wrote on 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
                                          1 Reply Last reply
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