Art of the Steal: This Is How Trump Lost $916M and Avoided Tax

[Tahuyaman]

Speaking fees... yea, that's the ticket.

Work product.

[Tahuyaman]

I don't want to see her speech transcripts, I've no need. I've seen her outright lie about her email server(s). Seen her blatantly blame the Libyan mess on a amateur video and then watched the CNN camera's cover the producer's arrest. Seen her 'reset' with Russia. Heard her remarks about men. I personally believe her and her embarrassed aid Huma are the most used and abused women in American Politics and they're angry. I need to see no transcripts, Maine, Hillary in the public eye for decades is well known. Who and what she is why your hero and mentor Webb won't endorse her while you're openly cheering her. Exposing your bucket carrying bootlicker of an agenda.

Yes, she is well known to anyone who's been paying attention. I simply want to see her live up to this pledge about being open and honest. If you aren't it's becasue you have something to hide.

[donttread]

This is how Donald Trump’s accountants and lawyers most likely used the tax code to avoid paying income tax for almost two decades.


excerpt

"...Trump claimed to be worth billions in 1990, just as he does now, yet he could not pay his bills. He stiffed hundreds of small-business suppliers, including those for the Trump Taj Mahal casino in Atlantic City, which will go out of business next week. In all he owed more $3 billion, nearly a third of his debt secured by nothing more substantial than his signature on bank loan papers.

Last May, Trump revealed that he took on debt with no intention of paying it all back, which strikes me as fraud. “I’ve borrowed knowing you can pay back with discounts,” he told CNBC in May, boasting “I’ve done well with debt.”

Back then Trump threatened endless litigation unless 70 banks he owed money gave him millions more in new loans at low interest rates and provided him with $5.4 million a year for personal spending, the equivalent of $10 million in today’s money.

Back then, one billionaire told The New York Times he didn’t know how to spend that much on himself and his family.

What made the litigation threat credible was Trump’s refusal to pay more than 150 illegal immigrants who demolished the Bonwit Teller department store to make way for Trump Tower. A federal judge ruled that Trump conspired to cheat the workers, who never did collect all of their $4-an-hour wages despite an 18-year struggle."


http://www.thedailybeast.com/article...oided-tax.html

The corpoate veil allows him to own multiple companies and keep the sum profits but never have to be responsable for the sum loses. Part of the tilted table on the which the super rich are served.
I'd say $500,000 limited liability max for corporate owners and execs and major stockholders . Minor stockholders would not be liable.