NYT publishes Trump tax returns
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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-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.
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@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?
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I think he needs to not discuss it in the debates. Been audited, no laws broken, end of story.
@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.
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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?
The Brad
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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?
@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...
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One thing I haven’t seen in the newspaper is saying what President Trump income was for the years.
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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?
@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.
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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
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@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.
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So Trump loaned the US $4,000,000 interest free to indefinitely. He’s a helluva guy!
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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.
@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?
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I cannot believe that this is still an issue. How many times do some of you have to get played for fools by the leftwing media before you finally figure out youre being made a fool of? Good grief....
@Larry said in NYT publishes Trump tax returns:
I cannot believe that this is still an issue. How many times do some of you have to get played for fools by the leftwing media before you finally figure out youre being made a fool of? Good grief....
What part is the trick?
Are the 1040's faked? The article is about his businesses. He makes most of his profit on a couple of good properties and Apprentice royalties. Then he plows the money into the money pits (like the golf courses).
It's just interesting info.
