Trump May Have Avoided Paying Taxes for Nearly Two Decades

[Ray From Cleveland]

No I didn't.

Such a short memory, even for a liberal. Post 564

Tax regulations that benefit the rich/wealthy. Can you name one written in the last 45 years by a Republican that doesn't?

 

[rightwinger]

Tax Records Obtained by The Times Reveal Trump May Have Avoided Paying Taxes for Nearly Two Decades

Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.

http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?smid=tw-nytimes&smtyp=cur&_r=0
Goddamn, that means he didn't pay all those police, our military, our veterans or the infrastructure that his goods moves across. This man is a crook.

HE did what was legal and done by every major cooperation and small business. Even today...

What a load of left wing bigotry and hate. Demonizing the rich and claiming legal actions as not legal..

Left wing desperation...

It is perfectly legal for Trump to lose a billion dollars
it is perfectly legal for him to pay no taxes

It is perfectly insane to think he is a good businessman

 

[OnePercenter]

No I didn't.

Such a short memory, even for a liberal. Post 564

Tax regulations that benefit the rich/wealthy. Can you name one written in the last 45 years by a Republican that doesn't?

You can't name one? Very telling isn't it.

 

[Toddsterpatriot]

Tax regulations that benefit the rich/wealthy. Can you name one written in the last 45 years by a Republican that doesn't?

Certainly. In effort to get along with the idiot in the White House, they increased capital gains taxes, they increased corporate taxes, they increased taxes on those making 400k per year. Anything else you'd like to know?

Whats you point? The rich/wealthy and corporations pay less of the total monies they make in federal tax than you.

Yup, DemocRAT Tax Laws work like that.... you scum HATE people that make money, while all you can do is collect entitlements!

Walmart paid 3% federal tax last year, Trump paid nothing for 18 years, and the largest monies paid to subsidies and welfare are to corporations. Do you think that is fair?

Walmart paid 3% federal tax last year,

Nope.

In the financial year ending January 2016, they earned $16.685 billion in the US and paid $5.562 billion in US Federal Income tax. 33.3%.
They also paid $622 million in state and local taxes.

Do you think that is fair?

No. Your stupidity is not fair.

 

[Ray From Cleveland]

You can't name one? Very telling isn't it.

I named several of them especially pertaining to tax increases on the wealthy. Sorry about your public schooling and A.D.D that I wasn't aware of.

 

[Toddsterpatriot]

What kind of moron parrots Rachael Maddow?

That's Dr. Rachel Maddow.

That young fella is a doctor?

 

[Vigilante]

Hillary Clinton used the same exact method as Donald Trump to pay less tax, according to her own tax returns released by her presidential campaign.

The Clinton campaign has hammered Trump on his unreleased tax returns. When pundits on cable news now refer to the “Taxes” issue, they’re usually talking about Trump’s personal “taxes” issue, not the taxes paid by American voters.

But the Zerohedge blog first noticed something that could undercut Clinton’s ability to hit Trump on his “net operating losses.”

Clinton’s 2015 tax returns reveal that Hillary Clinton also reported capital gains losses in order to lessen her tax burden through a “carryover.”

Page 17 of the tax returns show “Capital Gains and Losses” for “WILLIAM J CLINTON & HILLARY RODHAM CLINTON.”

The Clintons reported a “Long-term capital loss carryover” of $699,540.

Thus, the Clintons reported a “Net long-term capital gain or (loss)” of “-699,540.”

Clinton campaign spokesman Nick Merrill did not immediately return Breitbart News’s request for comment.

Hillary Clinton Avoided Taxes the Same Way Trump Did - Breitbart

 

[Jroc]

Trump wrote no laws and would be a fool to not usee them to his advantage. If you have a problem with tax laws, blaming the rich that use them is beyond stupid and misdirected. Grow the fuck up and figure out where the problem really is.

The problem is Republicans writing tax laws that benefit the rich and fuck the middle class.

Republicans get the blame for tax laws? How stupid can a guy possibly be? Why, you're nothing but a little twisted hatemonger. The rich actually pay most of the taxes collected. I think the middle class pays too much but I also think the government spends too much.

Which tax laws that solely benefit the rich\wealthy weren't written by Republicans?

What laws are those? you keep saying it, list them..Fraud... you cant, you just keep saying that stupidity with nothing to back it up. you're a useless poster here...Back up what you parrot

 

[Big Black Dog]

Wish I was smart enough to not pay taxes for nearly two decades! My accountant must be a dumb ass... Just thinking.

 

[Jroc]

Wish I was smart enough to not pay taxes for nearly two decades! My accountant must be a dumb ass... Just thinking.

Who hasn't paid taxes for two decades? Prove it...May have, might have, could have.

 

[OnePercenter]

Tax regulations that benefit the rich/wealthy. Can you name one written in the last 45 years by a Republican that doesn't?

Certainly. In effort to get along with the idiot in the White House, they increased capital gains taxes, they increased corporate taxes, they increased taxes on those making 400k per year. Anything else you'd like to know?

Whats you point? The rich/wealthy and corporations pay less of the total monies they make in federal tax than you.

Yup, DemocRAT Tax Laws work like that.... you scum HATE people that make money, while all you can do is collect entitlements!

Walmart paid 3% federal tax last year, Trump paid nothing for 18 years, and the largest monies paid to subsidies and welfare are to corporations. Do you think that is fair?

Walmart paid 3% federal tax last year,

Nope.

In the financial year ending January 2016, they earned $16.685 billion in the US and paid $5.562 billion in US Federal Income tax. 33.3%.
They also paid $622 million in state and local taxes.

Do you think that is fair?

No. Your stupidity is not fair.

A percentage of a small percentage equal 3% of revenue.

 

[NYcarbineer]

Why are you pretending that these are corporate tax returns?

Why are you pretending that I'm pretending these are his corporate tax returns?

Oh yeah, you're you.
.

I am crossing threads. You compared Trumps losses to Amazon's losses in another thread. You know what you are doing. Lame. Believe me.

Yes, I'm dealing with the standard leg-humping that I get from hardcore partisan ideologues on both ends.

NY doesn't understand that businesses sometimes lose money. I wasn't focusing on Trump, I was talking about business.

But people like you choose not to see that obvious fact, which is why you're a waste of time.
.
.

Yes, Trump lost money. Trump lost LOTS of money. In LOTS of failed business ventures. Over many many many years. He lost money in everything from casinos to beefsteaks. He lost money in everything from airlines to hotels.

His argument for being President of the United States is at its core his claim of business acumen.

There is little if anything to support that claim.

Yup - businesses lose money. Somehow he earned billions more than he lost. That is called doing very well.

I fail to understand how someone can be one of the richest men in the WORLD and you still see that as a business failure. That is noting more than blind partisan hackery - clearly he has been successful. Refusing to see that is simply refusing to acknoledge the reality right in front of you.
'

Prove how rich Trump is.

 

[Vigilante]

Why are you pretending that I'm pretending these are his corporate tax returns?

Oh yeah, you're you.
.

I am crossing threads. You compared Trumps losses to Amazon's losses in another thread. You know what you are doing. Lame. Believe me.

Yes, I'm dealing with the standard leg-humping that I get from hardcore partisan ideologues on both ends.

NY doesn't understand that businesses sometimes lose money. I wasn't focusing on Trump, I was talking about business.

But people like you choose not to see that obvious fact, which is why you're a waste of time.
.
.

Yes, Trump lost money. Trump lost LOTS of money. In LOTS of failed business ventures. Over many many many years. He lost money in everything from casinos to beefsteaks. He lost money in everything from airlines to hotels.

His argument for being President of the United States is at its core his claim of business acumen.

There is little if anything to support that claim.

Yup - businesses lose money. Somehow he earned billions more than he lost. That is called doing very well.

I fail to understand how someone can be one of the richest men in the WORLD and you still see that as a business failure. That is noting more than blind partisan hackery - clearly he has been successful. Refusing to see that is simply refusing to acknoledge the reality right in front of you.
'

Prove how rich Trump is.

His financial statement is on the web, if you had a higher 2 digit IQ, you might have found it!

 

[OnePercenter]

What kind of moron parrots Rachael Maddow?

That's Dr. Rachel Maddow.

That young fella is a doctor?

Intelligent women scare you? Especially those with Oxford Doctorates?

 

[NYcarbineer]

I am crossing threads. You compared Trumps losses to Amazon's losses in another thread. You know what you are doing. Lame. Believe me.

Yes, I'm dealing with the standard leg-humping that I get from hardcore partisan ideologues on both ends.

NY doesn't understand that businesses sometimes lose money. I wasn't focusing on Trump, I was talking about business.

But people like you choose not to see that obvious fact, which is why you're a waste of time.
.
.

Yes, Trump lost money. Trump lost LOTS of money. In LOTS of failed business ventures. Over many many many years. He lost money in everything from casinos to beefsteaks. He lost money in everything from airlines to hotels.

His argument for being President of the United States is at its core his claim of business acumen.

There is little if anything to support that claim.

Yup - businesses lose money. Somehow he earned billions more than he lost. That is called doing very well.

I fail to understand how someone can be one of the richest men in the WORLD and you still see that as a business failure. That is noting more than blind partisan hackery - clearly he has been successful. Refusing to see that is simply refusing to acknoledge the reality right in front of you.
'

Prove how rich Trump is.

His financial statement is on the web, if you had a higher 2 digit IQ, you might have found it!

Verified?

 

[OnePercenter]

Trump wrote no laws and would be a fool to not usee them to his advantage. If you have a problem with tax laws, blaming the rich that use them is beyond stupid and misdirected. Grow the fuck up and figure out where the problem really is.

The problem is Republicans writing tax laws that benefit the rich and fuck the middle class.

Republicans get the blame for tax laws? How stupid can a guy possibly be? Why, you're nothing but a little twisted hatemonger. The rich actually pay most of the taxes collected. I think the middle class pays too much but I also think the government spends too much.

Which tax laws that solely benefit the rich\wealthy weren't written by Republicans?

What laws are those? you keep saying it, list them..Fraud... you cant, you just keep saying that stupidity with nothing to back it up. you're a useless poster here...Back up what you parrot

The question was addressed to you. You and yours continue to support Republicans but can't come up with one intelligence reason why.

 

[FA_Q2]

Why are you pretending that I'm pretending these are his corporate tax returns?

Oh yeah, you're you.
.

I am crossing threads. You compared Trumps losses to Amazon's losses in another thread. You know what you are doing. Lame. Believe me.

Yes, I'm dealing with the standard leg-humping that I get from hardcore partisan ideologues on both ends.

NY doesn't understand that businesses sometimes lose money. I wasn't focusing on Trump, I was talking about business.

But people like you choose not to see that obvious fact, which is why you're a waste of time.
.
.

Yes, Trump lost money. Trump lost LOTS of money. In LOTS of failed business ventures. Over many many many years. He lost money in everything from casinos to beefsteaks. He lost money in everything from airlines to hotels.

His argument for being President of the United States is at its core his claim of business acumen.

There is little if anything to support that claim.

Yup - businesses lose money. Somehow he earned billions more than he lost. That is called doing very well.

I fail to understand how someone can be one of the richest men in the WORLD and you still see that as a business failure. That is noting more than blind partisan hackery - clearly he has been successful. Refusing to see that is simply refusing to acknoledge the reality right in front of you.
'

Prove how rich Trump is.

No one worth billions has a hard figure of net worth - to many assets that are shifting in value every day. Forbes has a good estimate though:
Inside The Epic Fantasy That's Driven Donald Trump For 33 Years

4.7 billion. That is massive no matter how you slice it.

Depending on how much this list has shifted this year there is about 350 people on the entire planet that have managed to make more than he has:
Forbes Billionaires: Full List Of The 500 Richest People In The World 2015

 

[Mac1958]

I don't like Trump, and I'm voting for Hillary, my binary-thinking friend.

So you're wrong, again.

And it doesn't deflect from your aggressive ignorance, no matter how hard you try.

I'm guessing you're not even embarrassed.
.

Interesting and surprising. May I ask what drove you to vote Hillary as I would not think that is something that you would have done.
Mac1958

The ironic thing here is that there are so many other valid possible criticisms of Trump.

All they're doing here is showcasing their blatant partisanship, intellectual dishonesty and ignorance.
.

^agree.

I think Trump is profoundly unqualified, on multiple levels, for the office. He just shouldn't be in there.

And that trumps (sorry) all my negative opinions of Hillary.
.

 

[Ray From Cleveland]

I think Trump is profoundly unqualified, on multiple levels, for the office. He just shouldn't be in there.

And that trumps (sorry) all my negative opinions of Hillary.

So just what are the qualifications to be President anyway? Our founders listed none outside of age and citizenship.

The current President was a state rep who voted present most all of the time, and then spent a couple of months in the US Senate before he started to campaign for President, again, accomplishing nothing while holding that seat.

 

[Skull Pilot]

Tax Records Obtained by The Times Reveal Trump May Have Avoided Paying Taxes for Nearly Two Decades

Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.

http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?smid=tw-nytimes&smtyp=cur&_r=0
Goddamn, that means he didn't pay all those police, our military, our veterans or the infrastructure that his goods moves across. This man is a crook.

HE did what was legal and done by every major cooperation and small business. Even today...

What a load of left wing bigotry and hate. Demonizing the rich and claiming legal actions as not legal..

Left wing desperation...

It is perfectly legal for Trump to lose a billion dollars
it is perfectly legal for him to pay no taxes

It is perfectly insane to think he is a good businessman

Do you know how many business people who have been considered successes lost money at one time or another?

Only most if not all of them