1. #30901
    Veteran GB20's Avatar
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    He's had 4 years to show us that alternative. Where is it?
    It will be ready in “two weeks “.

  2. #30902
    4-25-20 Will Hunting's Avatar
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    It will be ready in “two weeks “.
    wonder how his prescription drug executive order is going so far, pretty sure Big Pharma is wiping its ass with it.

  3. #30903
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    wonder how his prescription drug executive order is going so far, pretty sure Big Pharma is wiping its ass with it.

  4. #30904
    4-25-20 Will Hunting's Avatar
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    uh oh, NY Times got its hands on some tax return data:

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

  5. #30905
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    uh oh, NY Times got its hands on some tax return data:

    https://www.nytimes.com/interactive/...gtype=Homepage
    What a fraudster.

    Trump is a prime example of why the electoral college is ed.

  6. #30906
    dangerous floater Winehole23's Avatar
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    uh oh, NY Times got its hands on some tax return data:

    https://www.nytimes.com/interactive/...gtype=Homepage
    After The Times declined to provide the records, in order to protect its sources, Mr. Garten took direct issue only with the amount of taxes Mr. Trump had paid.

  7. #30907
    dangerous floater Winehole23's Avatar
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    uh oh, NY Times got its hands on some tax return data:

    https://www.nytimes.com/interactive/...gtype=Homepage
    this stood out

    Business losses can work like a tax-avoidance coupon: A dollar lost on one business reduces a dollar of taxable income from elsewhere. The types and amounts of income that can be used in a given year vary, depending on an owner’s tax status. But some losses can be saved for later use, or even used to request a refund on taxes paid in a prior year.

    Until 2009, those coupons could be used to wipe away taxes going back only two years. But that November, the window was more than doubled by a little-noticed provision in a bill Mr. Obama signed as part of the Great Recession recovery effort. Now business owners could request full refunds of taxes paid in the prior four years, and 50 percent of those from the year before that.

    Mr. Trump had paid no income taxes in 2008. But the change meant that when he filed his taxes for 2009, he could seek a refund of not just the $13.3 million he had paid in 2007, but also the combined $56.9 million paid in 2005 and 2006, when “The Apprentice” created what was likely the biggest income tax bite of his life.

    The records reviewed by The Times indicate that Mr. Trump filed for the first of several tranches of his refund several weeks later, in January 2010. That set off what tax professionals refer to as a “quickie refund,” a check processed in 90 days on a tentative basis, pending an audit by the I.R.S.

    His total federal income tax refund would eventually grow to $70.1 million, plus $2,733,184 in interest. He also received $21.2 million in state and local refunds, which often piggyback on federal filings.

  8. #30908
    Alleged Michigander ChumpDumper's Avatar
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    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.



  9. #30909
    4-25-20 Will Hunting's Avatar
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    he made a lot of money on The Apprentice and has been dumping said money into ty real estate deals ever since, even without depreciation they still report a net loss where he has to make cash contributions

    this guy being a "good deal maker"

  10. #30910
    dangerous floater Winehole23's Avatar
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    If the auditors ultimately disallow Mr. Trump’s $72.9 million federal refund, he will be forced to return that money with interest, and possibly penalties, a total that could exceed $100 million. He could also be ordered to return the state and local refunds based on the same claims.

  11. #30911
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    To bad for you he still worth more then you and is president of the USA

  12. #30912
    dangerous floater Winehole23's Avatar
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    home cooking

    Rather, there appears to be a closer-to-home explanation for at least some of the fees: Mr. Trump reduced his taxable income by treating a family member as a consultant, and then deducting the fee as a cost of doing business.

    The “consultants” are not identified in the tax records. But evidence of this arrangement was gleaned by comparing the confidential tax records to the financial disclosures Ivanka Trump filed when she joined the White House staff in 2017. Ms. Trump reported receiving payments from a consulting company she co-owned, totaling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Vancouver and Hawaii.

  13. #30913
    4-25-20 Will Hunting's Avatar
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    To bad for you he still worth more then you and is president of the USA
    don't deflect, this is horrible news for Trump no matter what. He plays a great deal maker on TV but this removes any doubt about how he's a ty one in real life.

    You voted for him because of The Apprentice and now the city you live in has over 20% unemployment.



  14. #30914
    bandwagoner fans suck ducks's Avatar
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    Leaking tax reports is jail time
    Tax returns for presidents are not required
    They are private
    He gave more $ paper then any president ever did

  15. #30915
    bandwagoner fans suck ducks's Avatar
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    don't deflect, this is horrible news for Trump no matter what. He plays a great deal maker on TV but this removes any doubt about how he's a ty one in real life.

    You voted for him because of The Apprentice and now the city you live in has over 20% unemployment.



    It was higher in 2014

  16. #30916
    4-25-20 Will Hunting's Avatar
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    even Clay Davis from The Wire is chiming in


  17. #30917
    Veteran GB20's Avatar
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    To bad for you he still worth more then you and is president of the USA
    Open your eyes man. I bet you pay more taxes than Trump and it’s not even funny because Donald seems himself a billionaire.

  18. #30918
    4-25-20 Will Hunting's Avatar
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    Leaking tax reports is jail time
    Tax returns for presidents are not required
    They are private
    He gave more $ paper then any president ever did

  19. #30919
    bandwagoner fans suck ducks's Avatar
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    Open your eyes man. I bet you pay more taxes than Trump and it’s not even funny because Donald seems himself a billionaire.
    Owner of amazon who is worth more then Trump paid 0 taxes

  20. #30920
    dangerous floater Winehole23's Avatar
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    Not unprecedented, Monroe and McKinley both became bankrupt while in office. Monroe even asked Congress for a personal bailout -- an got one!

    This time around, he is personally responsible for loans and other debts totaling $421 million, with most of it coming due within four years. Should he win re-election, his lenders could be placed in the unprecedented position of weighing whether to foreclose on a sitting president.
    https://blog.vanhornlawgroup.com/pre...-bankruptcies/

  21. #30921
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  22. #30922
    bandwagoner fans suck ducks's Avatar
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    He has been audited for years for sure since he has been president
    He has not broken any tax laws

  23. #30923
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  24. #30924
    Alleged Michigander ChumpDumper's Avatar
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    He has been audited for years for sure since he has been president
    He has not broken any tax laws
    How long do audits take, ducks?

  25. #30925
    4-25-20 Will Hunting's Avatar
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    He has been audited for years for sure since he has been president
    He has not broken any tax laws
    He's just a grifter who conned tens of millions of re s like you into thinking he was a great deal maker who'd bring manufacturing jobs back

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