Trump paid $750 in taxes in 2016 and 2017.

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Grey_Beard

Golden Member
Sep 23, 2014
1,825
2,007
136
Speaking of which I'd be very highly interested in knowing exactly what lenders hold the 400M in debt he personally guaranteed that's coming due in a couple years.

I agree. My thoughts are Duetsche Bank, Duetsche Bank and Duetsche Bank.
 
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Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Do you understand that any random person could be sitting on a billion dollars and not pay a cent in taxes? You aren't taxed on how much you have, your taxed on how much you made.

I won't comment on the story posted because I don't have any information other than a tweet.

Which doesn't have anything to do with the way Trump does things, at all. So much for the theory that Trump is stupid.
 
Reactions: DarthKyrie

VRAMdemon

Diamond Member
Aug 16, 2012
6,572
7,823
136
Gee, anyone who’s surprised, raise your hand.

Didn’t think so.

I predict that his supporters will sing some variation on the tune: “That just means he’s a good businessman!” But we all know his supporters are a lost cause. Of course, it’s also “fake news.” So the proof of his business acumen is simultaneously false. You’d think it would make his followers ’heads’ spin, but they are long used to believing six bullshit impossible things he says before breakfast.
 

woolfe9998

Lifer
Apr 8, 2013
16,189
14,102
136
Not paying taxes isn't the only issue here. This is further evidence of Trump's utter incompetence in business. Almost everything he touches, fails. He was lucky enough to get over $400 million from his father. He pissed it away on failed casinos. Then he got another $450 million from his reality TV show, which he has been pissing away on failed golf courses.

It's incredible that Trump sold himself as "the money man" to these people and that they actually believe him.
 
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UNCjigga

Lifer
Dec 12, 2000
24,836
9,071
136
Do you understand that any random person could be sitting on a billion dollars and not pay a cent in taxes? You aren't taxed on how much you have, your taxed on how much you made.

I won't comment on the story posted because I don't have any information other than a tweet.

Do you understand that a person may not claim any income for tax purposes, but could overcharge the government for millions of dollars at his properties and funnel the profits through dozens of shell companies and offshore accounts to disguise their income? Which explanation is better for you?
 
Reactions: DarthKyrie

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
Not paying taxes isn't the only issue here. This is further evidence of Trump's utter incompetence in business. Almost everything he touches, fails. He was lucky enough to get over $400 million from his father. He pissed it away on failed casinos. Then he got another $450 million from his reality TV show, which he has been pissing away on failed golf courses.

It's incredible that Trump sold himself as "the money man" to these people and that they actually believe him.

His supporters knew he was a liar, a cheat, a thief & a con man the first time they voted for him. They admired him for getting away with it. They know he declared bankruptcy more times than they can remember & got richer every time. Milking the govt while President? The spoils of a hostile takeover.
 

MrSquished

Lifer
Jan 14, 2013
21,860
20,183
136
The key is finding out to whom he owes those hundreds of millions of dollars. Some time ago one of his dipshit grifter son's is on the record saying a lot of their funding was coming from Russia.
 

fskimospy

Elite Member
Mar 10, 2006
84,708
49,291
136
Well this does explain that he ran the government like a business. He ran it like one of his businesses, which means like a total failure, haha.
 
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Greenman

Lifer
Oct 15, 1999
20,617
5,311
136
Do you understand that a person may not claim any income for tax purposes, but could overcharge the government for millions of dollars at his properties and funnel the profits through dozens of shell companies and offshore accounts to disguise their income? Which explanation is better for you?
They could indeed do that, though they run the risk of going to jail. The assumption around here is that Trump is guilty of anything he's accused of, I need a little more than that.
 

fskimospy

Elite Member
Mar 10, 2006
84,708
49,291
136
They could indeed do that, though they run the risk of going to jail. The assumption around here is that Trump is guilty of anything he's accused of, I need a little more than that.
I mean we already have him committing tax fraud in old tax returns, is your argument that after doing it and not getting punished he stopped?

Does that seem likely to you?
 
Reactions: DarthKyrie
Nov 8, 2012
20,828
4,777
146
Hate the game, not the playa.

No seriously, hate our convoluted tax system. Don't hate Donald Trump or anyone for hiring a CPA to do their taxes for them.

They paid precisely what they owed. They didn't cheat the system, they didn't circumvent anything.


This also isn't a republican thing. These types of exploits have been there long before the Tax Cuts and Jobs Act.
 
Nov 8, 2012
20,828
4,777
146
Not paying taxes isn't the only issue here. This is further evidence of Trump's utter incompetence in business. Almost everything he touches, fails. He was lucky enough to get over $400 million from his father. He pissed it away on failed casinos. Then he got another $450 million from his reality TV show, which he has been pissing away on failed golf courses.

It's incredible that Trump sold himself as "the money man" to these people and that they actually believe him.

His net worth is still 2.5B.

No matter how much you want to tell yourself that you're smarter and hes dumb.... He still has more than you. Let that sink in. You're not special.... Other than being a snowflake.
 

Jhhnn

IN MEMORIAM
Nov 11, 1999
62,365
14,681
136
..
Well this does explain that he ran the government like a business. He ran it like one of his businesses, which means like a total failure, haha.

Trump is not a failure. Far from it. Look at how he lives a life of total excess. He's been wildly successful in an utterly roguish & revolting way. He's King of the grifters, a criminal mastermind.
 
Nov 8, 2012
20,828
4,777
146
Do you understand that a person may not claim any income for tax purposes, but could overcharge the government for millions of dollars at his properties and funnel the profits through dozens of shell companies and offshore accounts to disguise their income? Which explanation is better for you?

That isn't how taxation works little buddy
 

MrSquished

Lifer
Jan 14, 2013
21,860
20,183
136
His net worth is still 2.5B.

No matter how much you want to tell yourself that you're smarter and hes dumb.... He still has more than you. Let that sink in. You're not special.... Other than being a snowflake.

You have to be insanely shallow to think money and wealth are the only things that define a human as being special, especially when someone was born into obscene wealth and money.
 

fskimospy

Elite Member
Mar 10, 2006
84,708
49,291
136
Hate the game, not the playa.

No seriously, hate our convoluted tax system. Don't hate Donald Trump or anyone for hiring a CPA to do their taxes for them.

They paid precisely what they owed. They didn't cheat the system, they didn't circumvent anything.


This also isn't a republican thing. These types of exploits have been there long before the Tax Cuts and Jobs Act.
So to be clear you’re saying despite him committing tax fraud in the past he stopped at some point?
 
Reactions: DarthKyrie

ultimatebob

Lifer
Jul 1, 2001
25,135
2,445
126
Hate the game, not the playa.

No seriously, hate our convoluted tax system. Don't hate Donald Trump or anyone for hiring a CPA to do their taxes for them.

They paid precisely what they owed. They didn't cheat the system, they didn't circumvent anything.


This also isn't a republican thing. These types of exploits have been there long before the Tax Cuts and Jobs Act.

The problem that I see with this is that he hasn't done much to fix "the game" while he's been president. Didn't he promise to close the tax loopholes and overseas accounting shenanigans that allowed companies that made billions in profit to pay basically nothing in taxes back in 2016?
 

Grey_Beard

Golden Member
Sep 23, 2014
1,825
2,007
136
His net worth is still 2.5B.

No matter how much you want to tell yourself that you're smarter and hes dumb.... He still has more than you. Let that sink in. You're not special.... Other than being a snowflake.

He is? Based on what? Who’s the real snow flake?
 
Reactions: DarthKyrie

ultimatebob

Lifer
Jul 1, 2001
25,135
2,445
126
Seriously guys, if you are thinking an analysis of these tax returns will not result in finding serious criminal activity you are making a foolish bet.

I'd imagine that the IRS auditors have been looking for criminal activity in Trump's tax records for decades. They haven't found anything that put in him prison yet.
 
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