Four Seasons Loco Coffee and Total Landscaping Talk

[forty_three]

Trump: Ah, thank you, thank you very much.

Scurries away from the podium like a frightened squirrel.

I have an important phone call!



Update: Neighbor across the street has removed his Trump signs. I can see them around the side of the house leaning against the side of the garage so no telling if they will go back up.

 

[puckhead]

I think it's funny that Trump keeps claiming that he won't release his tax returns because they are currently under audit. There is no law or restriction that prevents you from releasing your tax returns even if they are being audited.

that was shot down in about 30 seconds in 2016 when he first mentioned it.
of course, didn't change anything.

or putting all for his assets into a blind trust like every other leader has done since Christ was a cowboy
that was quickly forgotten as well.

I still can't believe it didn't end when he mocked that disabled report.
what a coont.…. 25% of the nation: "but he's OUR coont"

 

[puckhead]

Over 1.1 billion in debt, give or take a few hundred million.

this is tweet 1 of 17 detailing exactly what he owes and when it’s due.

jesus - why would anyone ever do business with him?


Mr. Trump has an established track record of stiffing his lenders. But the tax returns reveal that he has failed to pay back far more money than previously known: a total of $287 million since 2010.

(debt forgiveness is included as income)

 

[buffhockey]

jesus - why would anyone ever do business with him?


Mr. Trump has an established track record of stiffing his lenders. But the tax returns reveal that he has failed to pay back far more money than previously known: a total of $287 million since 2010.

(debt forgiveness is included as income)

Kind of a lengthy article about all of this. Many insights to how he does things.

One big thing is alleged payments to Ivanka as a family working as a consultant - huge no-no per IRS. This could drag his kids into this now.

Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance (Published 2020)

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.

www.nytimes.com

 

[scoutyjones2]

 

[jstewismybastardson]

Kind of a lengthy article about all of this. Many insights to how he does things.

One big thing is alleged payments to Ivanka as a family working as a consultant - huge no-no per IRS. This could drag his kids into this now.

Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance (Published 2020)

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.

www.nytimes.com

In case anyone missed it ... the consulting fees were paid to ivanka for her “work” on Trump tower vancouver lmao

 

[forty_three]

 

[puckhead]

Over 1.1 billion in debt, give or take a few hundred million.

this is tweet 1 of 17 detailing exactly what he owes and when it’s due.

jesus, this is a good read...


The dispute may center on a single claim that jumps off the page of Mr. Trump’s 2009 tax return: a declaration of more than $700 million in business losses that he had not been allowed to use in prior years … when Mr. Trump parted ways with a giant money loser: his long-failing Atlantic City casinos.
...
The language was crucial. Mr. Trump was using the precise wording of I.R.S. rules governing the most beneficial, and perhaps aggressive, method for business owners to avoid taxes when separating from a business.

A partner who walks away from a business with nothing — what tax laws refer to as abandonment — can suddenly declare all the losses on the business that could not be used in prior years. But there are a few catches, including this: Abandonment is essentially an all-or-nothing proposition. If the I.R.S. learns that the owner received anything of value, the allowable losses are reduced to just $3,000 a year.

And Mr. Trump does appear to have received something. When the casino bankruptcy concluded, he got 5 percent of the stock in the new company



would be sweet sweet music if his greed (wanting a piece of the new deal that ultimately failed again) cost him the $73 mill tax refund

 

[thedddd]

In case anyone missed it ... the consulting fees were paid to ivanka for her “work” on Trump tower vancouver lmao

Kind of a lengthy article about all of this. Many insights to how he does things.

One big thing is alleged payments to Ivanka as a family working as a consultant - huge no-no per IRS. This could drag his kids into this now.

Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance (Published 2020)

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.

www.nytimes.com

Worth reposting for a nice laugh:

Four Seasons Loco Coffee and Total Landscaping Talk

Brief look there and...I dunno, why didn’t he just release them like 3 years ago? It’s pretty much what any reasonable person expected them to be - he’s either gaming the system or in pretty serious debt that he plans to use the post-presidency to get out of - and nothing there is going to cost...

sportshoop.la

 

[forty_three]

^That

 

[dash]

All of the candidates listed below went on to win the popular vote (which as we all know is not the same as the Electoral College). I think it's interesting nonetheless.

 

[sabresfaninthesouth]

The most frustrating part of the entire tax story is that, unless it convinces the undecided voters (side note: how the fuck are there any undecided voters still??), it essentially goes nowhere. If he wins, they can a) try to impeach him again, but even if the Ds take control of the Senate, they're never getting enough votes to convict, even on tax fraud or b) rely on William Barr to prosecute which obviously isn't happening either. And if he loses, he's not president anymore anyhow, so he becomes essentially just another rich tax cheat.

 

[Bloody Brian Burke]

The most frustrating part of the entire tax story is that, unless it convinces the undecided voters (side note: how the fuck are there any undecided voters still??), it essentially goes nowhere. If he wins, they can a) try to impeach him again, but even if the Ds take control of the Senate, they're never getting enough votes to convict, even on tax fraud or b) rely on William Barr to prosecute which obviously isn't happening either. And if he loses, he's not president anymore anyhow, so he becomes essentially just another rich tax cheat.

I dunno, maybe eventually they take the money away from his shithead kids assuming Trump dies in the next decade. Ivanka will still be fine with her slumlord hubby but Beavis and Butthead might be in trouble. That would be rewarding to see.

But in terms of the election, yeah, this will be replaced by the time the debate finishes with something else and drowned out as more white noise about Trump like basically everything else.

 

[sabresfaninthesouth]

I dunno, maybe eventually they take the money away from his shithead kids assuming Trump dies in the next decade. Ivanka will still be fine with her slumlord hubby but Beavis and Butthead might be in trouble. That would be rewarding to see.

But in terms of the election, yeah, this will be replaced by the time the debate finishes with something else and drowned out as more white noise about Trump like basically everything else.

I'd love to see him and the kids end up in a jail somewhere, sure. Too bad it would be a country club prison.

 

[dash]

While it would be nice to see some of the Trump clan behind bars, I think the slow destruction of his rich image and the selling off of properties to pay some potential huge fines would provide me with enough schadenfreude.

 

[forty_three]

The most frustrating part of the entire tax story is that, unless it convinces the undecided voters (side note: how the fuck are there any undecided voters still??), it essentially goes nowhere. If he wins, they can a) try to impeach him again, but even if the Ds take control of the Senate, they're never getting enough votes to convict, even on tax fraud or b) rely on William Barr to prosecute which obviously isn't happening either. And if he loses, he's not president anymore anyhow, so he becomes essentially just another rich tax cheat.

There are no undecided voters. But I would wager there are a certain number who tolerate the sideshow because it benefits them in some way. They tolerate as long as the supreme court keeps getting stacked. As long as the stock market is profitable to them. They sit in their comfy suburban homes and think "It could be worse, but at least we get something out of it." These people buy that law and order bullshit and think the protests they never see or care about are all violence and hate.

Seeing that this grifter has paid less per year in taxes than the average one of them pays per month just for health insurance might just be a bridge too far. These people believe they are doing their best and trying to follow the rules and he just gets away with... not following them.

That can't sit well with the educated conservative. The filth wallowing rednecks? Whatever. But the suburban, educated conservatives have to be feeling pretty foolish right now.

While it would be nice to see some of the Trump clan behind bars, I think the slow destruction of his rich image and the selling off of properties to pay some potential huge fines would provide me with enough schadenfreude.

Prison would be the best case scenario for them. If they lose power the ogliarchs that own their debt won't be terribly forgiving once they leave office, you'd have to think.

 

[dash]

As expected, he spews out a bunch of lies during his presser and then takes no questions. So brave.

 

[thedddd]

There are no undecided voters. But I would wager there are a certain number who tolerate the sideshow because it benefits them in some way. They tolerate as long as the supreme court keeps getting stacked. As long as the stock market is profitable to them. They sit in their comfy suburban homes and think "It could be worse, but at least we get something out of it." These people buy that law and order bullshit and think the protests they never see or care about are all violence and hate.

Seeing that this grifter has paid less per year in taxes than the average one of them pays per month just for health insurance might just be a bridge too far. These people believe they are doing their best and trying to follow the rules and he just gets away with... not following them.

That can't sit well with the educated conservative. The filth wallowing rednecks? Whatever. But the suburban, educated conservatives have to be feeling pretty foolish right now.


Prison would be the best case scenario for them. If they lose power the ogliarchs that own their debt won't be terribly forgiving once they leave office, you'd have to think.

Undecided Voter Looking Forward To Learning More About Donald Trump During Campaign

RALEIGH, NC—Acknowledging his blind spots in regard to the upcoming presidential election, local undecided voter Kenneth McGraw announced Monday that he was looking forward to learning more about Republican candidate Donald Trump over the course of his campaign. “I’ve definitely heard of Donald...

politics.theonion.com

Once again the Onion gets real and sadly these are the only "undecided" voters out there who are not intelligent enough to make any decision and will vote for Trump's one-liners.

 

[puckhead]

undecided = does the rise in racism and destruction of democracy benefit me enough personally

 

[jstewismybastardson]

The vic berger remix!