$750.00? That's probably about what one would pay a high end call girl. Explains the screwing we're getting! 😉
I'd donate my salary, too, if I was getting free room and board, travel, meals, golf, all while funneling tax money into my broke resorts and hiring family to government posts they aren't qualified for.
Although it's commendable that the Times has done a thorough investigation & reporting, there's nothing new here. Trump has no money. Worse, he's indebted to lenders and the IRS. He hasn't had money since the end of the 1980s & everyone knows that. The only thing that kept him afloat was The Apprentice; he has said many times he made more on that show than his entire real estate career.
I'm still mystified as to why this is important or why he fought so hard to keep it from the public beyond proof that there were no line entries that said "loan from Russia." Candidates aren't required to disclose their taxes. If being in debt suggests that a candidate might be tempted to use to the POTUS office to enrich himself, he's demonstrated that for 4 years.
The Times found exactly what global financial & business communities have said for decades - the idea that this womanizing liar is wealthy is a joke. Bloomberg said it outright: "You're laughed at behind your back & call you a carnival barking clown. You inherited a fortune & squandered it with stupid deals and incompetence."
The fact that Trump illegally used his charitable foundation (that he rarely put money into) to pay his son's $7 Cub Scout registration fee should tell you that he wasn't as rich as he said he was.
Nothing new, but it shows one more piece of confirmation that he is a total liar and a scam. And that he will do anything for his own "wealth" and power.
No, nothing new. Most of us have already known Trump is a con-man and his empire was a facade. Meanwhile his cult will cheer him for not paying taxes (even though it means they pay for it instead).
But if someone out there hasn't made up their mind for some bizarre reason, maybe this confirmation will convince them this little experiment has been a huge disaster and Trump doesn't need anymore hand outs.
I will never understand why people knowingly voted for a corrupt, volatile, lying loser, but for those who believe he's a brilliant wealthy businessman perhaps this publication will demonstrate that he didn't just have 1-2 bad years, he has NO money from all his bad decisions. He didn't pay taxes for 10 out of 15 years because his losses were staggering. Had Mark Burnett not rescued him w/The Apprentice, the Trump Organization would've collapsed years ago. They should also remember that this is his version of his finances; the reality is no doubt far worse.
I also think $70K is low for hairstyling.
Trump got elected because he wasn't Hillary ... Biden will probably get the nod for not being Trump ... I'd love for an INDEPENDENT who isn't Biden to pop up by 2024.
How many of his base voters that make enough to pay taxes beyond the $750 he did pay will still think he identifies with them and has their back? My guess is that these people still can't be swayed. Everyday a new revelation (although this isn't new) about Trump and how incompentent or despicable he is, and his swallowers keep wanting more.
He tells us the tax thing is a hoax. Good thing he's never claimed anything negative on him is a hoax.
How many of his base voters that make enough to pay taxes beyond the $750 he did pay will still think he identifies with them and has their back? My guess is that these people still can't be swayed. Everyday a new revelation (although this isn't new) about Trump and how incompentent or despicable he is, and his swallowers keep wanting more.
Not to be rude, but weren't you at one time calling for the release of his taxes & expecting them to be a smoking gun/revelation? Or was that before it became apparent that there's absolutely nothing he can do that will dissuade his disciples from worshiping him?
I'm officially a cynic as opposed to a realist now, but I don't think his base believes he has their backs. I think what they like is the disruption - the unstoppable ignorance that has essentially blinded people to the tenets of our government, paralyzed the country, & emboldened white supremacists. Trump's not doing this alone; he'd be nowhere w/o McConnell. I can't figure out how he keeps the GOP senators (except Romney) in lockstep no matter how outrageous Trump's directives are. I simply don't believe it's the fear of losing their seat; it's a job not a profession.
So now even the base know he's not a wealthy real estate developer; he's a con, a criminal, & a liar. I guess they find comfort that he's everything they said his 2016 opponent was w/a different last name.
How many of his base voters that make enough to pay taxes beyond the $750 he did pay will still think he identifies with them and has their back? My guess is that these people still can't be swayed. Everyday a new revelation (although this isn't new) about Trump and how incompentent or despicable he is, and his swallowers keep wanting more.
Not to be rude, but weren't you at one time calling for the release of his taxes & expecting them to be a smoking gun/revelation? Or was that before it became apparent that there's absolutely nothing he can do that will dissuade his disciples from worshiping him?
I'm officially a cynic as opposed to a realist now, but I don't think his base believes he has their backs. I think what they like is the disruption - the unstoppable ignorance that has essentially blinded people to the tenets of our government, paralyzed the country, & emboldened white supremacists. Trump's not doing this alone; he'd be nowhere w/o McConnell. I can't figure out how he keeps the GOP senators (except Romney) in lockstep no matter how outrageous Trump's directives are. I simply don't believe it's the fear of losing their seat; it's a job not a profession.
So now even the base know he's not a wealthy real estate developer; he's a con, a criminal, & a liar. I guess they find comfort that he's everything they said his 2016 opponent was w/a different last name.
Well maybe at one time, but I don't think at this stage with what we've seen in almost four years will make a difference with loyalists and especially with a month to go before the election. With everything else we've seen from him, this is just one more thing for them to dismiss. Earlier on I thought doses of reality might make a difference, but now I don't think they care. They just fall in line.
I do disagree with your second paragraph. I've seen enough interviews and spoken directly with his supporters to think that they do believe he has their backs. It's as if they think he's one of them. I will agree with you on the "disruption"point. He manages by chaos, and any principles of mgmt professor would have a field day analyzing his style and leadership.
The base may not even know he's not wealthy and a fraud. So many people don't keep up with current events and don't read newspapers or online articles. Then again, thank goodness for Hannity and Rush, as they will spread the gospel of everthing one needs to know about Trump, the successful business tycoon.
Maybe a Go Fund Me or Jerry Lewis type telethon to help "Orange and In Charge" pay his delinquent taxes? 😉
Isn’t this the same thing that caused Spiro Agnew’s resignation in Oct 1973 - tax evasion
...does Joe use this for ammo tmrw nite
would also however like to know why this is being brought up now - radio reports said he’s paid that amount the last 3 years
guessing all Americans will want to see informative exchange of views - 4 xampl, w/covid 19 spreading like the wildfires out west, is there a vaccine in the works - or, how depleted is the FEMA till w/funds having gone to aid wildfires, hurricanes Laura & Sally etc...
hopefully not too sterile/antiseptic/rehearsed, or too much empty, grabbing-at-straws politicking
According to Trump, it's either a hoax, or he's just smart. He's said both at different times. He'll have yet another explanation at the debate.
How many of the MAGA voters here would want Trump to advise you on business matters? The writeoffs for that $70,000 blond squirrel on top of his head is a hoot.
Maybe a Go Fund Me or Jerry Lewis type telethon to help "Orange and In Charge" pay his delinquent taxes? 😉
Tell you what. No need for all that. I'm willing to cough up his entire $750 tax bill myself if he offers to resign. I'll throw in another $750 to cover his tax bill next year if he loses his Twitter account.
@stephen It isn't tax evasion, necessarily. What he reported hasn't bothered the IRS. Every rich businessman has a creative CPA and it's probably easier to get creative with a portfolio as vast as Trump's. If the business keeps reporting losses, that sounds bad but it's good come April 15. So it's less about Trump only paying $750 and more that he only owed $750.
The IRS admits that it's more cost-effective to audit the middle class, people who can't afford to fight it, than get tangled up in court for years with rich people. Add Trump's own tax breaks and cronyism, you've got someone who takes financial advantage of his position. Meanwhile he has loans coming due, these ponzi schemes catch up eventually (unless you get a nice cushy government job to tide you over).
but this is what we get for having a President whose campaign is run by FLORIDA MAN
Agnew was under investigation for bribery, extortion, & tax fraud payments that continued from his governor of MD days into his vice presidency & made a plea deal for tax evasion. There was a record of payments & kickbacks that ultimately did him in.
Trump's taxes were obtained merely because he's the only president who's never released his taxes & constituents wanted to see them. The most striking things to me are 1) loans from countries, including Turkey, that owed by anyone else would be sufficient to deny them security clearance as being high targets for extortion that don't apply to a president, and 2) the $100mm refund Trump received from an audit that is still on-going. According to Michael Cohen, Trump showed him the refund check & said "can you believe the government is stupid enough to send someone like me this kind of refund?". The answer is yes. That's not Trump's fault.
There's no upside to either candidate here. Voters don't care about the machinations of Trump's accountants & absent any quid pro quo, there's no demonstrable national security risk. The government refund, which is now considered premature at best, seems like Trump paid too much in tax.
As I keep saying, debates are antiquated & should've been shelved years ago. This is a topic in which voters have no overwhelming interest & aren't home runs for either candidate.
The writeoffs for that $70,000 blond squirrel on top of his head is a hoot.
That's less than $200/day for a year. Depending upon what timespan that covers, I still think it's low to maintain that natural color, cut, coiff, & spray. 😀
Agnew was under investigation for bribery, extortion, & tax fraud payments that continued from his governor of MD days into his vice presidency & made a plea deal for tax evasion. There was a record of payments & kickbacks that ultimately did him in.
Trump's taxes were obtained merely because he's the only president who's never released his taxes & constituents wanted to see them. The most striking things to me are 1) loans from countries, including Turkey, that owed by anyone else would be sufficient to deny them security clearance as being high targets for extortion that don't apply to a president, and 2) the $100mm refund Trump received from an audit that is still on-going. According to Michael Cohen, Trump showed him the refund check & said "can you believe the government is stupid enough to send someone like me this kind of refund?". The answer is yes. That's not Trump's fault.
There's no upside to either candidate here. Voters don't care about the machinations of Trump's accountants & absent any quid pro quo, there's no demonstrable national security risk. The government refund, which is now considered premature at best, seems like Trump paid too much in tax.
As I keep saying, debates are antiquated & should've been shelved years ago. This is a topic in which voters have no overwhelming interest & aren't home runs for either candidate.
Some of his questionable actions over his term towards foreign policy might be better understood by what we've learned in the last few days. His favors and actions as well as lack of actions (Russia, Saudi Arabia, Turkey) seem more explainable now. Putting the interests of foreign countries aligned with his personal pocket book seems more in line than with our national security. He represents a danger to our foreign policy.
In addition, he has consitently used the POTUS as a personal cash register for the royal family. I've documented examples over the last few years. He's making a nice income off of the Secret Service. They're charge for rooms and meals as well as golf cart rental at Trump Resorts. What a nice perk he's given himself at taxpayer expense.
The man is transparent. He's made no secret of flaunting the law enriching himself through government business at his properties. We knew about his indebtedness to Russia & Saudi before the 2016 election. I can't remember about Turkey. The Russia hold over him was the subject of the Mueller investigation (remember that? seems like it was 10 years ago & came to nothing because no one is willing to stand up to this guy w/Mueller ultimately drawing no conclusions & Barr producing a Trump-dictated summary).
Today, the Times is rehashing how The Apprentice saved him. Again, not news. Although he likes to pretend he's a real estate titan (w/hypothetical Trump Moscow), he's basically a reality TV star. I think voters elected Reality Donald's wealthy tough-talking persona. He's certainly used the "you're fired" tag line enough w/far smarter experts surrounding him.
Trump has money, probably a couple billion given he owns actual assets. The real question is how much debt is owed across all his 100 plus companies that control those assets. In other words it’s more about the specifics of his balance sheet than his income tax statements.
As pointed out earlier in this thread, like any wealthy individual he can afford good accountants and tax attorneys and also probably has money hidden all over the world in one tax shelter or another. Some perfectly legal, others probably not.
What is evident, yet again, is that he isn’t some genius deal maker business man. He’s a legal and illegal tax cheat and a money launderer who is hell bent on getting into the club. A club of legitimate .1% ers who know Trump is a complete fraud....What really irks Trump is he’ll never be a member of that club no matter how many clueless average Joe’s think he should be.
I'm still mystified as to why this is important or why he fought so hard to keep it from the public beyond proof that there were no line entries that said "loan from Russia." Candidates aren't required to disclose their taxes.
Ego. Plain and simple. The need to be seen as rich ans successful....
Come on now Martin, you cannot deny he looks better with his Presidential hair styled. Everyone knows people talk to their hair stylists, if his stylist asked him how he was doing, he probably told him and thensome, if last night's debate was any indication.
On the taxes he utilized the tax breaks that were available, deduct for consultant salaries, deduct for easements on properties where certain areas were not developed, deducted for depreciation on businesses, etc. He is smart and took advantage of what was available to him. He has tax lawyers that know what he can deduct.
Others who just make money and pay taxes are miffed and upset, but they do not have enough wealth to have those type of deductions.
His taking advantage of legal tax loopholes is only one part of the story here, Gina....He's a known tax cheat as has been documented and will be revealed even further in the years to come. It's why he's so determined to halt the numerous investigations into his past real estate deals, tax filings, and applications for bank financing.
It goes beyond bursting the bubble that he's some genius business man and relates directly to him going to prison for numerous felonies relating to banking laws, fraud and ILLEGAL tax avoidance.
On top of that Trump has illegally profited from his presidency with years long violations of the emoluments clause of the constitution. Toss in multiple felonies for campaign violations and the man could be looking at years in prison....
Trump gambled that running for and possibly winning the presidency could save his collapsing brand. Unfortunately for him his actions to get elected and then monetize the presidency have shined the light on his past and continuing misdeeds to the point that it's obvious now it was a very bad idea.
Par for the course I guess given Trump's track record at making bad business decisions..
The LAST thing trump is is a genius businessman.
He bankrupted CASINOS!!!
Deducting "consulting fees" to Princess ivanka when she was an employee of trumpco isn't legal.
@photoron286 And a degree from Trump University is less impressive than a certificate in gun repair or motel management from the Sally Struthers Institute (whatever).
