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re: Did Trump do something illegal with his taxes?
Posted on 9/27/20 at 8:15 pm to TigerCruise
Posted on 9/27/20 at 8:15 pm to TigerCruise
If he was telling banks he was making millions so he could get loans, while telling the IRS he was losing millions to lower his taxes, then yes, these are very major felonies.
What he told the banks isnt in this but they did, in fact, give him loans, and he did, in fact, claim to lose so much that his taxes were essentially zero. Its not hard to figure out how that happened.
Hell, he paid more in taxes to Panama ($15,598), India ($145,400), and the Philippines (156,824) than he did to the U.S. ($750).
What a patriot.
What he told the banks isnt in this but they did, in fact, give him loans, and he did, in fact, claim to lose so much that his taxes were essentially zero. Its not hard to figure out how that happened.
Hell, he paid more in taxes to Panama ($15,598), India ($145,400), and the Philippines (156,824) than he did to the U.S. ($750).
What a patriot.
This post was edited on 9/27/20 at 8:17 pm
5
Posted on 9/27/20 at 8:16 pm to coonasswhodat
quote:
With a little prodding from me
Prog speak for outright lying.
Posted on 9/27/20 at 8:16 pm to wutangfinancial
quote:woa woa woa... goalposts bro.
How about property taxes, payroll taxes, sales taxes? The answer is a lot more than 99% of companies.
Posted on 9/27/20 at 8:16 pm to TigerCruise
How awesome is it that a lot of this was made possible by Obama, whose IRS had to cut Trump a refund check for over $70 million becuase of his bailout provisions? 
Posted on 9/27/20 at 8:17 pm to Smeg
Is it his business income tax or his personal income tax?
Posted on 9/27/20 at 8:17 pm to LSU2019
quote:
What a patriot.
Yeah because the amount of taxes you pay to the government is tantamount to patriotism. Figures those who worship the state would think like that. Anyone who does what they can to avoid paying taxes is the true patriot.
Posted on 9/27/20 at 8:19 pm to Bayou_Tiger_225
quote:Not a CPA. But as business owner I know you don’t get to claim depreciation without writing the check for the cash in previous years. It very much comes out-of-pocket.
Care to explain it to us then? Are you a CPA?
This post was edited on 9/27/20 at 8:19 pm
Posted on 9/27/20 at 8:19 pm to TigerCruise
IF this is the left's "october surprise" they are screwed worse than I thought. No one gives a shite about this, other than those that already hate Trump.
Hunter Biden taking 3.5 million from Russia though?
Hunter Biden taking 3.5 million from Russia though?
Posted on 9/27/20 at 8:19 pm to LSU2019
quote:So how long have you be a tax expert and a CPA?
Hell, he paid more in taxes to Panama ($15,598), India ($145,400), and the Philippines (156,824) than he did to the U.S. ($750).
What a patriot.
Posted on 9/27/20 at 8:20 pm to LSU2019
quote:How much extra did you send in good patriot?
What a patriot.
Posted on 9/27/20 at 8:21 pm to TigerCruise
The man pays more in property taxes in a year, then a whole county of people do in a lifetime.
Posted on 9/27/20 at 8:21 pm to mwade91383
quote:He really should embrace the Communism obviously.
Nope. Just absolutely sucks at business, which we knew all along.
Nobody should be surprised at all.
Posted on 9/27/20 at 8:22 pm to KingOrange
This post was edited on 9/27/20 at 8:52 pm
Posted on 9/27/20 at 8:25 pm to cahoots
Remember when this board was outraged when Obama wore a tan suit? Good times.
Posted on 9/27/20 at 8:26 pm to Bayou_Tiger_225
quote:yeah you need to be a real mathgician to know that 156,000 is more than 750, its totally normal that you think this mystery takes outside help.
So how long have you be a tax expert and a CPA? ?
Posted on 9/27/20 at 8:28 pm to mwade91383
quote:
Nope. Just absolutely sucks at business, which we knew all along.
Bless your sweet heart.
Posted on 9/27/20 at 8:28 pm to mwade91383
quote:
Just absolutely sucks at business, which we knew all along.
You should suck at business so bad.
Posted on 9/27/20 at 8:29 pm to cahoots
quote:Did you try? Reality... most people never try to do anything beyond a 9-5.
I don’t care how smart someone is. 99.9% of us can’t buy a hotel at that age.
quote:Nope. If you have winning cap table money will come to you.
You need lots of capital and connections to even think about it.
quote:Of course not. A degree doesn’t make a deal profitable.
You can’t graduate business school and then get a loan to buy an entire hotel
Posted on 9/27/20 at 8:30 pm to KingOrange
quote:
If you were in the Property Business or owned property you would know how this Works Chief.
Ding ding ding...we have a winner.
Theses threads are so comical because people have no clue how the tax code works.
Posted on 9/27/20 at 8:31 pm to Taxing Authority
Trump just a typical Billionaire paying his fair share of $750 to fund our Military.
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