***Official Donald Trump Tax Returns Thread***

[ChumpDumper]

derp trying to steal another shtick

[Spurminator]

Peter Strzok questions Trump’s hidden assets not found in bombs report — and if he’s compromised because of it

Strzok called the Times report a “roadmap” for the ways in which Trump could be compromised by hostile powers.

It could also explain Trump’s issues he has with the intelligence community,

who would know about any deals he may have made.

“Part of the concern of any counterintelligence professional is looking for these hidden financial entanglements,” the Trump foe explained.

“And watching and having done that over six different administrations,

every foreign country is trying to use money to get leverage and influence on any given presidency.

What the information in The New York Times reports out of those tax records,

the breadth and volume of that monetary back and forth is stunning.

It’s simply unprecedented [of] in any president in modern history.

So, if you look at the ways that can be used to, as leverage over Trump,

you have to think of this first and foremost as a national security issue.

yes, this is a financial issue, but first and foremost,

the ways that

it can be used to impact the national security of the United States, by the way, can be used against Trump is unprecedented and is deeply concerning.”

https://www.rawstory.com/2020/09/pet...-because-of-it

This is all irrelevant because he sent an anti-Trump text and was having an affair with a coworker. #MAGAlogic

[ChumpDumper]

[Spurtacular]

The 'misdeed' in that case is not quid pro quo or a crime, though.

Someone tell that to the Democrats, then. They tried to impeach Trump over the mere accusation that he was doing what Biden admitted to doing.

[Will Hunting]

I think the conclusion he's reaching is pretty bold, but interesting analysis nonetheless if you read the full thread

[ChumpDumper]

I think the conclusion he's reaching is pretty bold, but interesting analysis nonetheless if you read the full thread

I don't think it's all that bold tbh. Trump's casinos were legally proven money laundering operations.

[Trill Clinton]

scranton joe

[Will Hunting]

I don't think it's all that bold tbh. Trump's casinos were legally proven money laundering operations.

I'd like to think the UK isn't as incapable of going after rich people as the US is and could thus open up an investigation into this.

[hater]

scranton joe

a teacher making 1 million

[hater]

scranton joe

a teacher making 1 million

[ducks]

Using interest to make you not pay taxes is smart unless you chump

[ChumpDumper]

Using interest to make you not pay taxes is smart unless you chump

[SnakeBoy]

scranton joe

Idjut paid 30%

[Chris]

[ChumpDumper]

$750

[Reck]

Hit job as if this was all made up.

[Chris]

"millions"

[ChumpDumper]

"$750"

[ChumpDumper]

So Qhris is now arguing that the records and NYT story are all true.

[Will Hunting]

Remarkable how the NYT is getting blamed for not providing the transparency on Trump's tax returns that Trump has been fighting in court for the last 4 years not to provide

[boutons_deux]

TRUMP’S TAX MESS ASIDE, CAN HE PAY OFF HIS $1 BILLION IN DEBT?

The New York Times’ damning report on the president’s taxes shows just a fraction of his financial woes.

And Wall Street bankers have serious doubts about whether he can dig himself out.

Business losses can be carried back to offset profits earned in previous years, generating a tax refund in the process, or they can be used to offset future profits. This is almost certainly what Trump has been doing, my savvy Wall Street sources tell me.

Trump has two pockets of huge losses:

one from driving his casinos into bankruptcy during the 1990s, and

one from the poor operation of his golf courses (according to the Times,
losses at Doral have come out to $162 million, and
his three courses in Scotland and Ireland have lost another $64 million) and
his few remaining hotels (the Washington Trump International Hotel has lost $55 million, according to the Times).

an even more important question:

whether Trump is solvent and might be facing personal bankruptcy.

The Times reported that “within the next four years,”

Trump has “more than $300 million in loans” coming due for which he is personally responsible because he guaranteed them.

But that is only a fraction of the more than $1.1 billion or so in debt and obligations that Trump owes across his empire

Whether he’s good for it remains to be seen.

The Wall Street bankers I speak with have their serious doubts. There are many reasons.

First and foremost, as has been the case for many years, there is

little chance any Wall Street bank will refinance any of Trump’s loans as they come due.

He’s been a toxic credit for years, and that toxicity has only increased during his presidency.

to whom Trump owes all this money,

the truth is we know that the originators of the bulk of these loans have been

Deutsche Bank, as has been well do ented, and Pootin!

Ladder Capital,

these Trump loans have, by now, probably been widely syndicated to investors, perhaps around the world.

Can Trump’s assets be sold for more than the $1.1 billion he owes, plus the considerable capital gains tax he will owe the government from the sales?

it won’t be enough for Trump to be able to pay back the debt he owes on the buildings and golf properties.

He will also have to pay the capital gains tax on what are now by and large fully depreciated, low-basis assets.

There probably has not been a worse moment in a generation to try to sell assets like Manhattan office towers, big-city hotels, and golf courses.

Trump’s financial situation precarious indeed, and

that’s before he might end up owing the IRS $100 million.

https://www.vanityfair.com/news/2020...illion-in-debt

[Will Hunting]

Money laundering, illegal campaign contributions, and fraudulent tax deductions.

https://www.nytimes.com/interactive/...gtype=Homepage

Typical Wednesday stuff for Trump.

[Winehole23]

[Will Hunting]

the NYT gave Trump a break while he was in the hospital, but now they're off and running again

https://www.nytimes.com/interactive/...ies-swamp.html

[boutons_deux]

Trump’s taxes reveal president’s businesses reaped millions in return for favors from the administration

Trump’s tax records reveals the extent to which he used his businesses to sell access to wealthy individuals with business before the administration.

“An investigation by The Times found

over 200 companies,
special-interest groups and
foreign governments that patronized Mr. Trump’s properties
while reaping benefits from him and his administration.

Nearly a quarter of those patrons have not been previously reported,” said the report.

“The tax records — along with membership rosters for Mar-a-Lago and the president’s golf club in Bedminster, N.J., as well as other sources — reveal how much money this new line of business was worth.”

“Just 60 customers with interests at stake before the Trump administration brought his family business nearly $12 million during the first two years of his presidency, The Times found.

Almost all saw their interests advanced, in some fashion, by Mr. Trump or his government.”

“Patrons at the properties ranged widely:

foreign politicians and Florida sugar barons,
a Chinese billionaire and
a Serbian prince,
clean-energy enthusiasts and
their adversaries in the petroleum industry,
avowed small-government activists and
contractors seeking billions from ever-fattening federal budgets,”

“Mr. Trump’s administration delivered them funding and laws and land.

He handed them appointments to task forces and ambassadorships,

victories as weighty as a presidential directive and

as ephemeral as a presidential tweet."

one prominent Florida lobbyist, Brian Ballard, felt pressured into paying the $200,000 membership fee to join Trump’s Mar-a-Lago country club because he was made to feel that his clients would not get favorable treatment otherwise.

White House spokesman Judd Deere denied all of these characterizations, saying,

“The president has kept his promise every day to the American people

to fight for them,

drain the swamp

and always put America first.”

https://www.rawstory.com/2020/10/tru...istration-nyt/