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

You seem to forget I am not voting for Trump just exposing all you hypocrites who criticize someone for doing the exact same thing your candidiate does


I see that you STILL need a bit of help with reality........So, I'll revert to simple questions:

1. Is it Clinton or is it Trump who is running on the platform of "BEST business person in the world".....??

2. Is a loss of $700 K the same as a loss of $916 MILLION?

3. Who has declared 4 times bankruptcy?....but still claim to be the smartest business person?
 
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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.


It has something to do with a tax loophole back then. It was really the banks that took the hit on his loss, but he was able to write off the banks side of the loss also. So let's say he lost 100 million personally the bank lost the other 816 million, total loss was 916 million and he got to write the whole thing off and has been tax free on that loss ever since. It has something do to with being a real estate developer that none of the rest of can do. Figures.

I don’t understand how Trump, who had very little of his own cash invested in his projects in the 1990s but did personally guarantee part of their debt, could end up with tax losses of that magnitude. They’re almost certainly paper losses rather than out-of-pocket losses. It’s possible that those losses somehow vanished into the ether from which they came — we have no way to tell.
The most shocking part of Donald Trump’s tax records isn’t the $916 million loss everyone’s talking about


Here's the part I sincerely do NOT understand.......

a. Trump's $ 1 BILLION losses in 1995 was not really all HIS money but the dumb bankers that trusted him and loaned him money....
b. By the law back in 1995, Trump can use all those losses against future gains and NOT pay any taxes for 2 decades.

c.Do the dumb bankers ALSO claim their losses of THAT SAME MONEY they foolishly loaned Trump???

If the "c" above is true, then our treasury got screwed TWICE.
 


Gates and Warren are NOT (contrary to dumb asses, right wingers on here) running for president.....

Clinton lost $700K...and we know that because she DID show her tax returns.......How do moronic right wingers know for sure what the Trumpster lost since 1995?
Who gives a shit? All were businessmen at the time.
Except for Hillary, who made millions while working for the government.

Unless you can show Trump broke laws your pissing on a power outlet. And even if he didn't pay his taxes as required, it was a TurboTax error.
 
Who gives a shit? All were businessmen at the time.
Except for Hillary, who made millions while working for the government.

Unless you can show Trump broke laws your pissing on a power outlet. And even if he didn't pay his taxes as required, it was a TurboTax error.


Again, you have me ALL wrong....I don't want Trump to release his returns.....The harm that it's doing to his moronic candidacy is just too precious....

You're right, I don't give a shit about Trump's taxes BUT I DO NOT WANT HIM ANYWHERE NEAR THE WH...
 
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.

How does a politician lose trillions of dollars a year?
 
Who gives a shit? All were businessmen at the time.
Except for Hillary, who made millions while working for the government.

Unless you can show Trump broke laws your pissing on a power outlet. And even if he didn't pay his taxes as required, it was a TurboTax error.


Again, you have me ALL wrong....I don't want Trump to release his returns.....The harm that it's doing to his moronic candidacy is just too precious....

You're right, I don't give a shit about Trump's taxes BUT I DO NOT WANT HIM ANYWHERE NEAR THE WH...

I agree, but you want Hillary near the WH? OMG, what a tool
 
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.

How does a politician lose trillions of dollars a year?


Exactly

The Federal government declared bankruptcy in 1935

The US is 19 TTTTTTTTTTTTTTTTTTTTTTTTTTTTriilion dollars in the hole


Many economists are predicting that fedgov will start seizing 401k retirement funds in order to attempt to balance the economy.


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.
 
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.

AOL Time Warner holds the record at a whopping 123.16 Billion loss in 2011, guess what, they get to write that off as well. Also a net operating loss can only be applied to 15 subsequent years, it was only 7, till your hero wild willie more than doubled it.
 
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.

How does a politician lose trillions of dollars a year?


Exactly

The Federal government declared bankruptcy in 1935

The US is 19 TTTTTTTTTTTTTTTTTTTTTTTTTTTTriilion dollars in the hole


Many economists are predicting that fedgov will start seizing 401k retirement funds in order to attempt to balance the economy.


.


.

Well, with slugs like Trump paying no taxes, the deficit will continue to balloon.
 
Said Trump "I would have lost more but there are only so many days in a week".

Isn't he the very definition of a snake oil salesman? He constantly says "trust me" but he has a rapsheet that shows he is a terrible businessman that screws working people out of their hard earned money and causes some of them to go bankrupt.
 
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.
Yo have to actually make a billion to invest that much in something you may lose it all doing. That's how you lose a billion dollars. Not something you will ever experience with your government job.
 
Yo have to actually make a billion to invest that much in something you may lose it all doing. That's how you lose a billion dollars. Not something you will ever experience with your government job.


Hey, nitwit.......the 1 billion loss was money that Trump had borrowed from bankers...not his......Yes, Trump was a fantastic scammer who managed to convince stupid bankers to invest in his failed casinos and failed airline.....
Bankers took the hit and Trump got to get away from paying taxes for 2 decades.....Oh, yeah, Trump is real good on screwing people.
 
You seem to forget I am not voting for Trump just exposing all you hypocrites who criticize someone for doing the exact same thing your candidiate does


I see that you STILL need a bit of help with reality........So, I'll revert to simple questions:

1. Is it Clinton or is it Trump who is running on the platform of "BEST business person in the world".....??

2. Is a loss of $700 K the same as a loss of $916 MILLION?

3. Who has declared 4 times bankruptcy?....but still claim to be the smartest business person?

Unlike you I don't fall for self promoting hyperbole

And a loss of 700K can be a proportionally larger loss than 900 million depending on the size of the businesses

Bankruptcy is a perfectly legal strategy. Every airline and GM knows that so why don't you?
 
Said Trump "I would have lost more but there are only so many days in a week".

Isn't he the very definition of a snake oil salesman? He constantly says "trust me" but he has a rapsheet that shows he is a terrible businessman that screws working people out of their hard earned money and causes some of them to go bankrupt.

He is nothing more than a Carnival Barker. And still, the Trumpettes drool and swoon over Mister Orange.
 

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