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Heisman Winner [111604]
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All-In [34108]
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"Releases."
Oct 2, 2016, 12:18 PM
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Trump is threatening to sue the NY Times for printing it.
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Heisman Winner [111604]
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Re: "Releases."
Oct 2, 2016, 12:21 PM
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I am just glad the rest of the tax payers were not left holding the bag on this.
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All-TigerNet [12851]
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Orange Blooded [3590]
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The real story is that he didn't destroy subpoenaed evidence***
Oct 2, 2016, 1:50 PM
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Orange Blooded [4747]
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Orange Blooded [3590]
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What does taxes have to do with running for President?***
Oct 2, 2016, 4:51 PM
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All-TigerNet [12851]
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CU Medallion [50635]
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when did he release this***
Oct 2, 2016, 2:39 PM
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110%er [6101]
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This is a Schedule C business return?
Oct 2, 2016, 9:06 PM
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So his business lost money. So what?
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CU Medallion [50635]
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Re: This is a Schedule C business return?
Oct 2, 2016, 10:52 PM
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it only matters when trump used loss carryforwards
not when the clintons used them
or maybe trumps were more than theirs so they are particularly evil
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Heisman Winner [111604]
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Re: This is a Schedule C business return?
Oct 2, 2016, 11:42 PM
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clintons have been paying 31% in federal taxes going back 14 years. You can not complain about the deficit, then turn around and brag how smart you are for not paying taxes.
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Orange Blooded [3590]
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Uh-huh. Trump didn't sell his position as Sec of State for $***
Oct 3, 2016, 6:17 AM
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Heisman Winner [111604]
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Re: Uh-huh. Trump didn't sell his position as Sec of State for $***
Oct 3, 2016, 1:11 PM
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changing the topic?
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Orange Blooded [3590]
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To the contrary. You brought up what the Clintons pay, and
Oct 3, 2016, 1:19 PM
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I pointed out that it was dirty money from the get-go. Giving speeches for exorbitant fees that are paid for influence, not the speeches.
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All-In [31896]
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this statement is so idiotic it deserves comment...
Oct 3, 2016, 8:56 AM
[ in reply to Re: This is a Schedule C business return? ] |
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seriously...what the eff are you talking about?
Do you pay more federal income taxes than you are required to?
Businesses are allowed to carry forward losses to offset profits in subsequent years. Did you really not know that? Is it a surprise to you? Are you suggesting that Trump shouldn't have done that or that by filing his taxes the same way every other person/business does that he somehow voids his right to discuss matters of federal fiscal responsibility?
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110%er [6101]
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Re: this statement is so idiotic it deserves comment...
Oct 3, 2016, 10:45 AM
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Lol. I think some are implying that claiming a business loss is a deliberate avoidance of some make believe responsibility or obligation to lowering our national debt which are assertions fabricated by the very group/types that voted for the slime that ballooned the federal debt in the first place. Too funny.
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Heisman Winner [111604]
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All-In [31896]
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please explain***
Oct 3, 2016, 2:55 PM
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Heisman Winner [111604]
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Re: please explain***
Oct 3, 2016, 7:39 PM
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I am sure if they hired the right attorney, they could get that effective rate down to 12%. But they didn't. Now where were with those who complain about he deficit, but practice avoidance?
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All-In [31896]
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"you are sure"? That is horse sheet....
Oct 4, 2016, 8:46 AM
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are you saying the Clintons prepared the own returns and didn't have accountants and atty's involved? You don't really believe that do you?
And what kind of fancy atty do you need to know you get to carry forward business losses?
You are so friggin clueless it hurts.
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110%er [6101]
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Re: This is a Schedule C business return?
Oct 3, 2016, 7:15 AM
[ in reply to Re: This is a Schedule C business return? ] |
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I had a business loss in one year that was large enough to nullify the following 4 profitable years, for tax purposes. Guess that makes me a bad guy.
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All-TigerNet [13190]
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Were you mainly losing other people's money
Oct 3, 2016, 1:21 PM
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That's what Trump was doing.
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Orange Blooded [3590]
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It's called risk, and these investors knew them.***
Oct 3, 2016, 1:23 PM
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110%er [6101]
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All-TigerNet [13190]
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What if you personally make money
Oct 3, 2016, 4:39 PM
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While your business and investors losing their shirts. I guess that's also good business?
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All-In [31896]
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what are you talking about specifically?***
Oct 3, 2016, 4:45 PM
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All-TigerNet [13190]
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Trump paying himself millions
Oct 3, 2016, 4:47 PM
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From failing businesses he knows are going down the tubes. Since he rarely if ever personally guarantees loans, he has very little skin in the game. He makes money either way. I guess it's a nice gig if you can get it.
http://money.cnn.com/2016/08/15/investing/donald-trump-bankrupt-casino/
Message was edited by: drewtigeralum03®
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All-In [31896]
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That was a public company, no?....
Oct 3, 2016, 5:07 PM
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If so, he didn't "pay himself millions". He was paid just like all other executives of public companies are paid....salaries and bonuses set by the Board of Directors...which are elected by the stock holders.
And how are you mixing guaranteed loads with a public company?
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All-TigerNet [13190]
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110%er [6101]
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Re: A little more complicated than that...
Oct 3, 2016, 7:35 PM
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It's all private money, who cares.
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All-In [31896]
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Yeah, I've read that before...
Oct 4, 2016, 8:52 AM
[ in reply to A little more complicated than that... ] |
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how can you say on one hand he had very little of his own money in it, yet on the other he was the majority shareholder of the public company and chairman of the BOD?
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110%er [6101]
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Re: What if you personally make money
Oct 3, 2016, 5:10 PM
[ in reply to What if you personally make money ] |
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I've seen much worse. His Board of Directors approved all of if. There are too many examples of things like this but...see Wells Fargo Scandal for the latest.
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All-In [31896]
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Are "you guys" really this uninformed?...
Oct 3, 2016, 8:51 AM
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It is somehow a surprise to you that Trump lost this much money in 1995? Him almost going bankrupt in the 1990's market crash was the whole impetus for his "Art of a Comeback" book, wasn't it?
Why is this news at all to anyone paying attention?
And it's also curious to me how people are discussing the ability to business to carry forward losses on tax returns. Did people not realize this was done in business? Do they think it's wrong? Are they really that clueless? All very confusing to me that people so seemingly engaged or so passionate with their opinions can be so ignorant on fairly simple issues.
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Orange Blooded [3590]
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So did Obama's IRS send it to the NY Times?***
Oct 3, 2016, 12:22 PM
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Orange Blooded [4095]
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He WINS a lot more then loses
Oct 3, 2016, 4:00 PM
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ALSO, the tax laws are such that IF you experience a loss in a given year, that loss can be spread out over a period years. Thus, the net effect is the following years taxes are low or none. Its the tax code. Blame the tax code, not Trump. Tax Code is written to encourage entrepreneurship, and one of the incentives is the write-off rule.
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Orange Blooded [4409]
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Rock Defender [53]
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So is this better or worse than those that game the welfare
Oct 3, 2016, 7:38 PM
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system?
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