Trump paid $750 in taxes in 2016 and 2017.

[woolfe9998]

Yes, exactly this.

It's so obvious when you look at NYT's 2018 reporting about the Trump family finances. Fred Trump repeatedly transferred money to his children, including Donald, while avoiding gift taxes. One way they did this was setting up sham corporations to receive the money then have the children take the money out of the sham corporations either as salary or consulting fees. This is deja vu all over again.

Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father (Published 2018)

The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.

www.nytimes.com

Tax fraud is a multi-generational project in the Trump family.

It's truly touching how they honor the patriarch's legacy this way.

 

[fskimospy]

It's so obvious when you look at NYT's 2018 reporting about the Trump family finances. Fred Trump repeatedly transferred money to his children, including Donald, while avoiding gift taxes. One way they did this was setting up sham corporations to receive the money then have the children take the money out of the sham corporations either as salary or consulting fees. This is deja vu all over again.

Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father (Published 2018)

The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.

www.nytimes.com

Tax fraud is a multi-generational project in the Trump family.

It's truly touching that they honor their father's legacy this way.

Again, exactly this.

This is what’s so dumb about people in this thread arguing that this is all on the up and up.

He was part of a tax fraud scheme of exactly this sort with his dad and no one was caught and no one was punished. How naive would someone have to be to think he just decided to stop?

 

[interchange]

As long as we demonize the welfare queens, while giving the ultra wealthy a free ride, this is the kind of government we get. I hope that people are finally realizing the wealthy through most of out media convinces us of all kinds of myths. Here' a popular one.

The wealthy are the real welfare queens and Donald Trump is their king

"The 50 percent cannot carry—and it’s unfair to them—but cannot carry the other 50 percent."

www.motherjones.com

I would like to draw a distinction from those who use the vulnerabilities of the tax code to avoid tax liability yet otherwise run legitimate businesses who add positively to the economy and the ilks of Trump who takes advantage of others in attempts to add to his personal wealth. Neither are good, but at least the former represents a potentially sustainable economic system.

 

[ch33zw1z]

I knew I liked you for a reason.




Off topic, I saw the joke almost immediately.

Haha, my left handed son and and I lol'd, never saw that episode before

 

[hal2kilo]

I would like to draw a distinction from those who use the vulnerabilities of the tax code to avoid tax liability yet otherwise run legitimate businesses who add positively to the economy and the ilks of Trump who takes advantage of others in attempts to add to his personal wealth. Neither are good, but at least the former represents a potentially sustainable economic system.

That has too much money to give to politicians.

 

[Fanatical Meat]

Haha, my left handed son and and I lol'd, never saw that episode before

Literally the second I saw her writing I knew it was going someplace dark.

 

[ch33zw1z]

Literally the second I saw her writing I knew it was going someplace dark.

Lol, for fun, watch for lefties in movies and shows, there are many.

 

[zzyzxroad]

I'm truing to calculate my net work. I have 2.5 billion in investments and assets but owe 4 billion to the russian mafia. Is my net worth 2.5 billion or what?

 

[s0me0nesmind1]

I'm truing to calculate my net work. I have 2.5 billion in investments and assets but owe 4 billion to the russian mafia. Is my net worth 2.5 billion or what?

If you have 4 billion in liabilities.... then that isn't a net worth. Net worth accounts for liabilities sweety-pie.

 

[VRAMdemon]

Trump’s policy appears to be to keep as much money that he didn't make as he can. He’s been living off other people’s money his entire life. The Republican party finally found their welfare queen.

Actually, I am more concerned about him personally guaranteeing $400million that is coming due. Who loaned him the money and is he willing to sell out the country to avoid paying?

 

[fskimospy]

If you have 4 billion in liabilities.... then that isn't a net worth. Net worth accounts for liabilities sweety-pie.

Whoosh.

 

[fskimospy]

Trump’s policy appears to be to keep as much money that he didn't make as he can. He’s been living off other people’s money his entire life. The Republican party finally found their welfare queen.

Actually, I am more concerned about him personally guaranteeing $400million that is coming due. Who loaned him the money and is he willing to sell out the country to avoid paying?

And the fact that congressional republicans are letting him get away without the public knowing who has $400 million in leverage over him is a betrayal of their oaths of office.

 

[BoomerD]

Trump’s policy appears to be to keep as much money that he didn't make as he can. He’s been living off other people’s money his entire life. The Republican party finally found their welfare queen.

Actually, I am more concerned about him personally guaranteeing $400million that is coming due. Who loaned him the money and is he willing to sell out the country to avoid paying?

Some of the things he's already sone could have been just vigorish payments on that debt...

 

[s0me0nesmind1]

Whoosh.

Yes, we get it sweetie, you're insinuating he owes money to Russia under the table.

Typical stupid arguments coming from someone with no proof, documentation, and instead rely on conspiracy theories. You're Alex Jones. Congratulations.

 

[Muse]

So bottom line...what’s the total dollar value on Trump’s financial incentive to cheat in the election, dispute the results, and start a civil war to stay in power??

Great country we have here, huh? We can be taken hostage by a total asshole criminal reprobate, maybe dead broke, 6 time bankrupt, impeached, psychopathic liar. Good job founding fathers and legislators! Edit: ... oh, and voters.

 

[fskimospy]

Yes, we get it sweetie, you're insinuating he owes money to Russia under the table.

Typical stupid arguments coming from someone with no proof, documentation, and instead rely on conspiracy theories. You're Alex Jones. Congratulations.

I didn’t insinuate anything, you weren’t even replying to my post.

Double whoosh.

 

[zinfamous]

Yes, we get it sweetie, you're insinuating he owes money to Russia under the table.

Typical stupid arguments coming from someone with no proof, documentation, and instead rely on conspiracy theories. You're Alex Jones. Congratulations.

aren't you the guy that believes Donald Trump's own claims about this wealth to be true...and also the guy that links to RT as sources and also claims to have never heard of RT?

 

[ch33zw1z]

aren't you the guy that believes Donald Trump's own claims about this wealth to be true...and also the guy that links to RT as sources and also claims to have never heard of RT?

Actively ignoring numerous informational sources seems to be his jam as well, "sweetie" (what a weirdo)

 

[Scarpozzi]

Hell undocumented pay 11 billion in taxes. But don't let facts get in the way.

Trump’s Own Undocumented Workers Paid More in Taxes Than He Did - America's Voice

They’re Not Alone – Undocumented Immigrants Pay $11.7 Billion in Taxes Annually After the revelations broke last night about Donald Trump’s taxes, one of the former Trump undocumented workers that he exploited took to Twitter to highlight her own tax payments and the fact that Trump’s...

americasvoice.org

Your facts are wrong. They pay $0 taxes and are all in gangs and start wildfires. I thought Trump cleared this up.

 

[zzyzxroad]

If you have 4 billion in liabilities.... then that isn't a net worth. Net worth accounts for liabilities sweety-pie.

Well that wasn't much help sweet cheeks.

 

[fskimospy]

Related to his taxes here's some interesting information about one of his properties in the UK:

https://twitter.com/x/status/1310929478030426112

Long story short, there's a bizarre situation where every year Trump loans his own business millions of dollars, the business spends it on...well... something. The interesting part is he clearly doesn't spend that money on developing the property because those documents are public. So basically, it just disappears.

The author of the thread and the FBI agents/accountants/etc. he talked to cannot think of any legitimate reason to shuffle money around like this, with the most likely explanation being money laundering.

If this is what he makes public sure makes you wonder what he's hiding, huh.

 

[interchange]

I'm truing to calculate my net work. I have 2.5 billion in investments and assets but owe 4 billion to the russian mafia. Is my net worth 2.5 billion or what?

Well, how do you feel? That's what's most important.

 

[darkswordsman17]

Actively refusing to ignore numerous informational sources seems to be his jam as well, "sweetie" (what a weirdo)

Keep in mind he's the dipshit dumbfuck that was going apeshit railing about media while talking up some shitty random YouTube news channel who's hard hitting stories involved Twitch gamer girl selling dirty bathwater, and then getting pissed when his "oh mah gawd da muslims attacking EuroDisney!" turned out to be tabloids citing random Tweets (which I believe he regularly complained was all that mainstream media was doing) as their evidence, which the reality turned out to be a defective escalator made some noise.

He's the type of stupid to nail his own dick and balls to a tree stump to prove that it actually happens.

I feel really bad for his wife and kids (if they actually exist, which at this point seem like they exist only as split personalities of his because he probably believes in that shit still). Could you imagine being cooped up with that for months? But at least the rest of his family probably wasn't getting dinner invitations they'd decline so they wouldn't have to listen to his dumbass ranting.

 

[ch33zw1z]

Keep in mind he's the dipshit dumbfuck that was going apeshit railing about media while talking up some shitty random YouTube news channel who's hard hitting stories involved Twitch gamer girl selling dirty bathwater, and then getting pissed when his "oh mah gawd da muslims attacking EuroDisney!" turned out to be tabloids citing random Tweets (which I believe he regularly complained was all that mainstream media was doing) as their evidence, which the reality turned out to be a defective escalator made some noise.

He's the type of stupid to nail his own dick and balls to a tree stump to prove that it actually happens.

I feel really bad for his wife and kids (if they actually exist, which at this point seem like they exist only as split personalities of his because he probably believes in that shit still). Could you imagine being cooped up with that for months? But at least the rest of his family probably wasn't getting dinner invitations they'd decline so they wouldn't have to listen to his dumbass ranting.

And my grammar was broken :/ He's outta his mind, and occupying someone else's

 

[K1052]

And the fact that congressional republicans are letting him get away without the public knowing who has $400 million in leverage over him is a betrayal of their oaths of office.

Looks like DB but there are other questions like did someone cosign. When DB looked at his assets they found he had overvalued them by at least 70%. Given that he pretty badly burned the bank before, his financial statements are so thin as to be see through, and his assets are worth a fraction of what he claims but they lent anyway would seem to argue there could be.