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Thread: Long-concealed records show trump’s chronic losses and years of tax avoidance

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    Long-concealed records show trump’s chronic losses and years of tax avoidance

    Imagine that.....$750 in taxes. This guy is a sleaze.


    The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.

    Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
    He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
    As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.

    The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public. His reports to the I.R.S. portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes. Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.

    The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office. It does not include his personal returns for 2018 or 2019. This article offers an overview of The Times’s findings; additional articles will be published in the coming weeks.
    https://www.nytimes.com/interactive/...ump-taxes.html

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    murdock's Avatar Banned
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    Fake news from the media liars, as usual, and the gullible swallow it whole with NO proof.

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    It takes no real insight to predict that this information, like so much information in the past, will not significantly change President of the United States of America Donald Trump's approval rating. As we approach the actual election day, we can also expect President Trump's tweets to become even more bizarre.

    And so it goes.

    Regards, stay safe 'n well. Remember the Big 3: masks, hand washing and physical distancing.
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    Quote Originally Posted by Leanne778 View Post
    Imagine that.....$750 in taxes. This guy is a sleaze.


    The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.

    Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
    He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
    As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.

    The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public. His reports to the I.R.S. portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes. Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.

    The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office. It does not include his personal returns for 2018 or 2019. This article offers an overview of The Times’s findings; additional articles will be published in the coming weeks.
    https://www.nytimes.com/interactive/...ump-taxes.html
    What would polls know about his finances ?
    I'm yo.
    This my brother yo
    We yo yo

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    Has to be fake. It is something bad about him and nothing about him is bad. I have learned that here in my short association with those in the know. I remember now seeing the Obamas returns each year while in office. Seems like that should be public record. So we will play 1. didnt happen. 2. If so he is a smart bidness man 3. its only coming out now cause the election is so near. What I love is how many in other online forums are defending him as "we all try to pay little in taxes" So the guy the cries about NATO and UN countries paying their fair share thinks 750 is the fair share of a billionaire who brags about that status. Cant make this hilarity up.

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    Wow; can you believe that every court in the land has said he does not need to share his taxes, but LeeAnne's friends have found a way to get everything they wanted. Now if they could just publish them? OH wait that would be a felony and they would have to go to jail.

    Now Snowflake. He is a developer... I an technically a developer as well, those on a microscopic scale compared to him. Now in the year that he ran for President he was putting the finishing touches on Mara largo and he purchased The Royal Turnberry Golf Resort in England. As well as finishing his hotel in Washington DC

    I promise you that he did not make any money in 2016 with that kind of investment. But because you are a liberal and have never actually built anything on your own, you can't understand why someone would purchase something and not make money.

    I would guess that you like many of the Liberals on here work for the Government and thus don't understand why he just does not print the money up.

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    Trump's taxes would be fodder for the unsophisticated to think what they're told by their masters. If you don't understand business accounting, depreciation, and the tax code, you're just embarrassing yourself with your comments.
    The left live a lie. Liberalism is a result of moral immaturity.

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    Over the past 15 years, Trump paid more for sex than he did in taxes.
    120276791_10158089533165141_3679211049776672021_n.jpg

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    Quote Originally Posted by murdock View Post
    Fake news from the media liars, as usual, and the gullible swallow it whole with NO proof.
    The uh, proof are the tax returns.

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    Quote Originally Posted by jet57 View Post
    The uh, proof are the tax returns.
    Lets see them?

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