Penelope
Diamond Member
- Jul 15, 2014
- 60,265
- 15,791
If you're not cheating, you're not trying...
There you go. Birds of a feather...…..
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If you're not cheating, you're not trying...
Tax avoidance isn't illegal, but tax evasion is.[The article is GIGO...Tax avoidance isn't illegal, immoral or fattening.
This article certainly explains why Trump seems so damn stupid.
And also explains his neurotic need to be admired and respected
And his incredibly thin skin when criticized.
He's NOT a self-made man, it was all his father's doing.
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You can bet your ass that Trump has taken advantage of every available expenditure he can get his hands on. I bet his effective tax rate is consistently less than 8%.Many a federal investigation has been initiated due to media reportage. That's why the media is called "the watchdog of our democracy".
If the article has any merit, the IRS will look into it.
He might turn out to be a shitty president like the last two, but as of right now he ain’t so bad.
And no matter how much you cry like a little bitch, he will still be a shitty president. But you should really think twice about defending a President who has a lifelong history of tax evasion.
Congressional Liberal Socialist pukes want to investigate and ruin Trump over taxes and wealth so whats diverting and deflecting over their sudden wealth and the failure to declare the income and failure to pay taxes on said sudden wealth. BTW, some people in both parties are guilty of fraud, graft and tax evasion.It would be interesting to know how many of the 535 Congress Critters became multi-millionaires while in office. Start by questioning The K Street Clique.So much for being such a brilliant businessman. He basically just took, then squandered, daddy's money over and over, failed to pay his taxes or his employees and contractors, relied on bailouts, and rode inflation, all while living a continual lie to convince people to buy a license for his name.
The truth shall lock him up.
By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after Mr. Trump graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.
The manipulation of values to evade taxes was central to one of the most important financial events in Donald Trump’s life. In an episode never before revealed, Mr. Trump and his siblings gained ownership of most of their father’s empire on Nov. 22, 1997, a year and a half before Fred Trump’s death. Critical to the complex transaction was the value put on the real estate. The lower its value, the lower the gift taxes. The Trumps dodged hundreds of millions in gift taxes by submitting tax returns that grossly undervalued the properties, claiming they were worth just $41.4 million. The same set of buildings would be sold off over the next decade for more than 16 times that amount.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
It's a stunning article.
Trump's lawyer has already blasted back with threats against the NYT.
The Times editors must be fairly sure of their information since they know Trump is a sue-aholic.
This piece distills the info down well:
11 Takeaways From The Times’s Investigation Into Trump’s Wealth
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Diverting and deflecting doesn't work on me, Sparky.
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Oh no? See post #64.It would be interesting to know how many of the 535 Congress Critters became multi-millionaires while in office. Start by questioning The K Street Clique.So much for being such a brilliant businessman. He basically just took, then squandered, daddy's money over and over, failed to pay his taxes or his employees and contractors, relied on bailouts, and rode inflation, all while living a continual lie to convince people to buy a license for his name.
The truth shall lock him up.
By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after Mr. Trump graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.
The manipulation of values to evade taxes was central to one of the most important financial events in Donald Trump’s life. In an episode never before revealed, Mr. Trump and his siblings gained ownership of most of their father’s empire on Nov. 22, 1997, a year and a half before Fred Trump’s death. Critical to the complex transaction was the value put on the real estate. The lower its value, the lower the gift taxes. The Trumps dodged hundreds of millions in gift taxes by submitting tax returns that grossly undervalued the properties, claiming they were worth just $41.4 million. The same set of buildings would be sold off over the next decade for more than 16 times that amount.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
It's a stunning article.
Trump's lawyer has already blasted back with threats against the NYT.
The Times editors must be fairly sure of their information since they know Trump is a sue-aholic.
This piece distills the info down well:
11 Takeaways From The Times’s Investigation Into Trump’s Wealth
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Unrelated.
If you're not cheating, you're not trying...
There you go. Birds of a feather...…..
Good luck with that, Poindexter.“The Times’s findings raise new questions about Mr. Trump’s refusal to release his income tax returns, breaking with decades of practice by past presidents. According to tax experts, it is unlikely that Mr. Trump would be vulnerable to criminal prosecution for helping his parents evade taxes, because the acts happened too long ago and are past the statute of limitations. There is no time limit, however, on civil fines for tax fraud.” ibid
Nor is there any time limit on the right of the people to take Trump’s fraudulent acts into consideration when voting him out of office in 2020.
This article certainly explains why Trump seems so damn stupid.
And also explains his neurotic need to be admired and respected
And his incredibly thin skin when criticized.
He's NOT a self-made man, it was all his father's doing.
.
.
..
Actually it was his grandmother's doing, it was her company and her hard work that made it into something
Because the fake news media said so.Nearly 500 million in tax fraud
I thought this was old news.So much for being such a brilliant businessman. He basically just took, then squandered, daddy's money over and over, failed to pay his taxes or his employees and contractors, relied on bailouts, and rode inflation, all while living a continual lie to convince people to buy a license for his name.
The truth shall lock him up.
By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after Mr. Trump graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.
The manipulation of values to evade taxes was central to one of the most important financial events in Donald Trump’s life. In an episode never before revealed, Mr. Trump and his siblings gained ownership of most of their father’s empire on Nov. 22, 1997, a year and a half before Fred Trump’s death. Critical to the complex transaction was the value put on the real estate. The lower its value, the lower the gift taxes. The Trumps dodged hundreds of millions in gift taxes by submitting tax returns that grossly undervalued the properties, claiming they were worth just $41.4 million. The same set of buildings would be sold off over the next decade for more than 16 times that amount.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
He's just a political chump.Republicans don't feel that way.We had to listen and observe eight years of whining, screaming, teeth gnashing, temper tantrums, breath holding, and flying flecks of foam spewing from the mouths of Obama haters. A level of hatred that is yet to be matched by Trump's opponents.I'm neither making the case that ne's a great prez, nor sniveling like a little bitch that he is the prez.And no matter how much you cry like a little bitch, he will still be a shitty president.
But the continued sniveling of snivelers like you does provide a certain entertainment value, in a certain Wile E. Coyote vein.
Even Trump the Birther got into the act.
Karma's a bitch.
As for this article, America deserves to know if their President is a crook and a liar.
If you are white you are right. No investigation. Because Trump, under all that orange, is white. You can tell from the white part around his eyes.
You hate me because I am white? Something I cannot control. That is the definition of racism.
Stupid fucking statement of the day.Republicans don't feel that way.We had to listen and observe eight years of whining, screaming, teeth gnashing, temper tantrums, breath holding, and flying flecks of foam spewing from the mouths of Obama haters. A level of hatred that is yet to be matched by Trump's opponents.I'm neither making the case that ne's a great prez, nor sniveling like a little bitch that he is the prez.And no matter how much you cry like a little bitch, he will still be a shitty president.
But the continued sniveling of snivelers like you does provide a certain entertainment value, in a certain Wile E. Coyote vein.
Even Trump the Birther got into the act.
Karma's a bitch.
As for this article, America deserves to know if their President is a crook and a liar.
If you are white you are right. No investigation. Because Trump, under all that orange, is white. You can tell from the white part around his eyes.
I love it when a tard attempts to use a tu quoque fallacy to defend the indefensible.Congressional Liberal Socialist pukes want to investigate and ruin Trump over taxes and wealth so whats diverting and deflecting over their sudden wealth and the failure to declare the income and failure to pay taxes on said sudden wealth. BTW, some people in both parties are guilty of fraud, graft and tax evasion.It would be interesting to know how many of the 535 Congress Critters became multi-millionaires while in office. Start by questioning The K Street Clique.So much for being such a brilliant businessman. He basically just took, then squandered, daddy's money over and over, failed to pay his taxes or his employees and contractors, relied on bailouts, and rode inflation, all while living a continual lie to convince people to buy a license for his name.
The truth shall lock him up.
By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8. By the time he was 17, his father had given him part ownership of a 52-unit apartment building. Soon after Mr. Trump graduated from college, he was receiving the equivalent of $1 million a year from his father. The money increased with the years, to more than $5 million annually in his 40s and 50s.
The manipulation of values to evade taxes was central to one of the most important financial events in Donald Trump’s life. In an episode never before revealed, Mr. Trump and his siblings gained ownership of most of their father’s empire on Nov. 22, 1997, a year and a half before Fred Trump’s death. Critical to the complex transaction was the value put on the real estate. The lower its value, the lower the gift taxes. The Trumps dodged hundreds of millions in gift taxes by submitting tax returns that grossly undervalued the properties, claiming they were worth just $41.4 million. The same set of buildings would be sold off over the next decade for more than 16 times that amount.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
It's a stunning article.
Trump's lawyer has already blasted back with threats against the NYT.
The Times editors must be fairly sure of their information since they know Trump is a sue-aholic.
This piece distills the info down well:
11 Takeaways From The Times’s Investigation Into Trump’s Wealth
.
.
Diverting and deflecting doesn't work on me, Sparky.
.
.
.
And GOP voters will continue to live on an imaginary planet, totally duped by the greedy idiot rich...
I think your thinking of Obama LOL
And no matter how much you cry like a little bitch, he will still be a shitty president. But you should really think twice about defending a President who has a lifelong history of tax evasion.