How does an individual LOSE $1 Billion in a year?

[rightwinger]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

 

[Contumacious]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

I agree that you are definitely an expert on freeloading.

Allowing Mr Trump to keep HIS money is not a bailout.


.

 

[Skull Pilot]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

You do know that Shillary claimed a 700K loss on her tax personal tax return don't you?

And reporting business profit and loss on your personal tax returns is done all the time with the Form K1 and Schedule C

 

[Skull Pilot]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

You do know that Shillary claimed a 700K loss on her tax personal tax return don't you?

And reporting business profit and loss on your personal tax returns is done all the time with the Form K1 and Schedule C

and you didn't bail him out as he got no money from the government he just used the loss to reduce his taxable income just like Shillary did

 

[rightwinger]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

I agree that you are definitely an expert on freeloading.

Allowing Mr Trump to keep HIS money is not a bailout.


.

Its called FREELOADING
Not paying taxes for the service you use

The taxpayer has been making up for Trumps blunders for 20 years

 

[rightwinger]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

You do know that Shillary claimed a 700K loss on her tax personal tax return don't you?

And reporting business profit and loss on your personal tax returns is done all the time with the Form K1 and Schedule C

Hillary paid $3 million in taxes that year....Trump paid ZERO

Deadbeat Donny

 

[Skull Pilot]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

I agree that you are definitely an expert on freeloading.

Allowing Mr Trump to keep HIS money is not a bailout.


.

Its called FREELOADING
Not paying taxes for the service you use

The taxpayer has been making up for Trumps blunders for 20 years

So then the people who pay no income tax are ALL freeloaders? Or is it just some of the people who pay no income taxes?

 

[rdean]

how do the clinton make a billion dollars a year.

Let us know when they do.

 

[Skull Pilot]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

I have no issues with a business losing a billion dollars but question the judgment of an individual taxpayer losing it and expecting me to bail him out of his bad decisions for 20 years....Freeloader

You do know that Shillary claimed a 700K loss on her tax personal tax return don't you?

And reporting business profit and loss on your personal tax returns is done all the time with the Form K1 and Schedule C

Hillary paid $3 million in taxes that year....Trump paid ZERO

Deadbeat Donny

You don't know what he paid that year because the entire tax return wasn't stolen just a couple pages of it

 

[Hutch Starskey]

Trump wants to trust him as a businessman?

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

Trump is not a great business man. A great business man doesn't lose 1/3 of his wealth in one fell swoop. A great business man doesn't open a new casino and file for bankruptcy the very next year.

If success is measured in the accumulation of wealth, Trump would have had more success simply investing his inheritance in index funds.

All that matters is he recovers from it. Like I said there is not one extremely successful businessman especially in the volatile and speculative business of real estate development that has not at one time or multiple times lost his shirt

And if all he did was invest it you'd be complaining that he was just another rich guy who didn't create jobs

He's not extremely successful when compared to his peers.

I didn't say he was I said there is not one extremely successful business man who has not lost money at one time or another

So that a mediocre businessman loses money on a deal here and there should not surprise anyone

An awful lot of money.

 

[rightwinger]

Exactly how did Trump lose a billion dollars in a year?

Trump brags about how smart he is and the concept of OPM
Other Peoples Money

He makes money while others take the risk. How did Trump end up losing close to a billion dollars of his own money?


Not as smart as he claims

 

[Skull Pilot]

You do realize that all businessmen have lost money at one time or another. All that matters is the total at the end not the ups and downs in the middle

I suppose you think anyone with a net worth of say 100 million is a failure because they lost a few million here and there over a lifetime

Trump is not a great business man. A great business man doesn't lose 1/3 of his wealth in one fell swoop. A great business man doesn't open a new casino and file for bankruptcy the very next year.

If success is measured in the accumulation of wealth, Trump would have had more success simply investing his inheritance in index funds.

All that matters is he recovers from it. Like I said there is not one extremely successful businessman especially in the volatile and speculative business of real estate development that has not at one time or multiple times lost his shirt

And if all he did was invest it you'd be complaining that he was just another rich guy who didn't create jobs

He's not extremely successful when compared to his peers.

I didn't say he was I said there is not one extremely successful business man who has not lost money at one time or another

So that a mediocre businessman loses money on a deal here and there should not surprise anyone

An awful lot of money.

So what? It was his money wasn't it?

And at the end of a career the losses don't matter as much as the final tally

 

[Skull Pilot]

Exactly how did Trump lose a billion dollars in a year?

Trump brags about how smart he is and the concept of OPM
Other Peoples Money

He makes money while others take the risk. How did Trump end up losing close to a billion dollars of his own money?


Not as smart as he claims

OMFG you mean Trump is the first person to use other peoples' money in a business venture?

 

[Hutch Starskey]

Trump is not a great business man. A great business man doesn't lose 1/3 of his wealth in one fell swoop. A great business man doesn't open a new casino and file for bankruptcy the very next year.

If success is measured in the accumulation of wealth, Trump would have had more success simply investing his inheritance in index funds.

All that matters is he recovers from it. Like I said there is not one extremely successful businessman especially in the volatile and speculative business of real estate development that has not at one time or multiple times lost his shirt

And if all he did was invest it you'd be complaining that he was just another rich guy who didn't create jobs

He's not extremely successful when compared to his peers.

I didn't say he was I said there is not one extremely successful business man who has not lost money at one time or another

So that a mediocre businessman loses money on a deal here and there should not surprise anyone

An awful lot of money.

So what? It was his money wasn't it?

And at the end of a career the losses don't matter as much as the final tally

The entire premise of his campaign is that he's great at business and would use those skills to better America. It seems he's not really that good at all.

https://www.google.com/amp/www.forb...state-business/amp/?client=ms-android-verizon

 

[LogikAndReazon]

Paying more then you are legally responsible for is your moral, patriotic and progressive duty ! Lol

 

[Skull Pilot]

All that matters is he recovers from it. Like I said there is not one extremely successful businessman especially in the volatile and speculative business of real estate development that has not at one time or multiple times lost his shirt

And if all he did was invest it you'd be complaining that he was just another rich guy who didn't create jobs

He's not extremely successful when compared to his peers.

I didn't say he was I said there is not one extremely successful business man who has not lost money at one time or another

So that a mediocre businessman loses money on a deal here and there should not surprise anyone

An awful lot of money.

So what? It was his money wasn't it?

And at the end of a career the losses don't matter as much as the final tally

The entire premise of his campaign is that he's great at business and would use those skills to better America. It seems he's not really that good at all.

https://www.google.com/amp/www.forb...state-business/amp/?client=ms-android-verizon

One loss in one year over a career that spans 40 plus years and with a pretty good end tally.

If you want to talk losses of scale Shillary's one year loss of over 700K was pretty significant in proportion to her business holdings but you don't care about that

 

[nat4900]

Hillary 'lost' $6 Billion....evidently it isn't that hard to do.

Sure, she did.....but they did find those $6 billion under their mattress in a box full of quarters.

 

[Contumacious]

Exactly how did Trump lose a billion dollars in a year?

Trump brags about how smart he is and the concept of OPM
Other Peoples Money

He makes money while others take the risk. How did Trump end up losing close to a billion dollars of his own money?


Not as smart as he claims

SHUT THE FUCK UP.

GOOGLE LOST 802 MILLIONS DOLLARS IN 2015


.

 

[nat4900]

you've never tried to open a casino or an airline in any year have you?

How Donald Trump Bankrupted His Atlantic City Casinos, but Still Earned Millions
http://www.nytimes.com/2016/06/12/nyregion/donald-trump-atlantic-city.html?_r=0

 

[nat4900]

I didn't say he was I said there is not one extremely successful business man who has not lost money at one time or another

So that a mediocre businessman loses money on a deal here and there should not surprise anyone

Google how many other casinos folded in 1995 and you'll have a better understanding of Trump's business "acumen"...

Trump has the Midas touch in reverse, especially for his pissed off backers.