Trump May Have Avoided Paying Taxes for Nearly Two Decades

[ScienceRocks]

Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior...
Source: RawStory/Newsweek

Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior to 1980

According to the latest bombshell report from Newsweek writer Kurt Eichenwald, the recent report from the New York Times that GOP presidential nominee Donald Trump took a massive financial hit in 1995 was not his first brush with business failure.

Over the weekend, the New York Times was able to obtain tax documents showing Trump took a $915 million loss in 1995, which would have allowed him to possibly avoid paying income taxes for 18 years.

According to Eichenwald, at the same time that Trump and his surrogates are attempting to spin those losses as an example of Trump’s “genius,” documents show Trump had to be bailed out years earlier by his father who was forced to set up a $35 million credit line for his son at Chase Manhattan Bank.

Based upon files found at Division of Gaming Enforcement for the New Jersey Department of Law and Public Safety, Trump applied for a gaming license in 1980 which led to a state investigation into his background.

-snip-

Read more: Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior to 1980

Donald sucks as a businessman and as a human being. jeezzz.

 

[Toddsterpatriot]

Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior...
Source: RawStory/Newsweek

Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior to 1980

According to the latest bombshell report from Newsweek writer Kurt Eichenwald, the recent report from the New York Times that GOP presidential nominee Donald Trump took a massive financial hit in 1995 was not his first brush with business failure.

Over the weekend, the New York Times was able to obtain tax documents showing Trump took a $915 million loss in 1995, which would have allowed him to possibly avoid paying income taxes for 18 years.

According to Eichenwald, at the same time that Trump and his surrogates are attempting to spin those losses as an example of Trump’s “genius,” documents show Trump had to be bailed out years earlier by his father who was forced to set up a $35 million credit line for his son at Chase Manhattan Bank.

Based upon files found at Division of Gaming Enforcement for the New Jersey Department of Law and Public Safety, Trump applied for a gaming license in 1980 which led to a state investigation into his background.

-snip-

Read more: Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior to 1980

Donald sucks as a businessman and as a human being. jeezzz.

And that still makes him twice the human being Hillary is....and ten times the one Slick Willy is.

 

[beagle9]

Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior...
Source: RawStory/Newsweek

Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior to 1980

According to the latest bombshell report from Newsweek writer Kurt Eichenwald, the recent report from the New York Times that GOP presidential nominee Donald Trump took a massive financial hit in 1995 was not his first brush with business failure.

Over the weekend, the New York Times was able to obtain tax documents showing Trump took a $915 million loss in 1995, which would have allowed him to possibly avoid paying income taxes for 18 years.

According to Eichenwald, at the same time that Trump and his surrogates are attempting to spin those losses as an example of Trump’s “genius,” documents show Trump had to be bailed out years earlier by his father who was forced to set up a $35 million credit line for his son at Chase Manhattan Bank.

Based upon files found at Division of Gaming Enforcement for the New Jersey Department of Law and Public Safety, Trump applied for a gaming license in 1980 which led to a state investigation into his background.

-snip-

Read more: Another tax bombshell: Daddy Trump had to set up $38 million slush fund to bail Donald out prior to 1980

Donald sucks as a businessman and as a human being. jeezzz.

And that still makes him twice the human being Hillary is....and ten times the one Slick Willy is.

. Isn't that something..

 

[IsaacNewton]

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.

Donald Trump Tax Records Show He Could Have Avoided Taxes for Nearly Two Decades, The Times Found
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.

If every middle income household added up all the taxes they've paid over the past 20 years I think they'd figure Trump isn't in their best interest. He's a snake oil salesman.

 

[Toddsterpatriot]

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.

Donald Trump Tax Records Show He Could Have Avoided Taxes for Nearly Two Decades, The Times Found
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.

If every middle income household added up all the taxes they've paid over the past 20 years I think they'd figure Trump isn't in their best interest. He's a snake oil salesman.

I'm still waiting for the middle class tax cut I was promised in 1992.
And the $2500 annual savings for my family insurance.

 

[Skull Pilot]

Don't worry people that actually do any work....middle class...will pay the taxes. We got your back rich folk. Just keep sitting back.

Yeah those in the highest 3 earning brackets pay over 70% of all income tax while the bottom 85% pay less than 30% of all income tax so keep telling yourself you pay more if it makes you feel better

And what's truly amazing is that all of those you listed pay less percentage of their total monies made to taxes than you did.

Which is why we have to change the system so everyone pays the same percentage

 

[hadit]

"Tax Records Obtained by The Times"

Is it even legal for someone to leak another individual's tax information, then publicize said information without the permission of the individual?

I hear that Trump's negatives are hurting the family businesses. I hope they go broke. Not all of Trump's skeletons are even out of the closet yet.

That clearly exposes the democrat frame of mind. It is not enough to simply defeat an opponent by getting more votes. No, it is necessary to totally destroy any and all opposition. This is now SOP.

 

[Mac1958]

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

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.

Hillary may have done this, Trump may have done that.

Seriously - do partisans actually expect to be taken seriously, or do you guys just toss around (and believe) conspiracy theories just for shits & giggles?
.

 

[OnePercenter]

Don't worry people that actually do any work....middle class...will pay the taxes. We got your back rich folk. Just keep sitting back.

Yeah those in the highest 3 earning brackets pay over 70% of all income tax while the bottom 85% pay less than 30% of all income tax so keep telling yourself you pay more if it makes you feel better

And what's truly amazing is that all of those you listed pay less percentage of their total monies made to taxes than you did.

Which is why we have to change the system so everyone pays the same percentage

It will never happen.

 

[OnePercenter]

"Tax Records Obtained by The Times"

Is it even legal for someone to leak another individual's tax information, then publicize said information without the permission of the individual?

I hear that Trump's negatives are hurting the family businesses. I hope they go broke. Not all of Trump's skeletons are even out of the closet yet.

That clearly exposes the democrat frame of mind. It is not enough to simply defeat an opponent by getting more votes. No, it is necessary to totally destroy any and all opposition. This is now SOP.

Trump isn't running to win. Trump is running to keep the GOP out of the White House.

 

[OnePercenter]

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

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.

Hillary may have done this, Trump may have done that.

Seriously - do partisans actually expect to be taken seriously, or do you guys just toss around (and believe) conspiracy theories just for shits & giggles?
.

It proves that EVERYTHING that I've written on this forum about rich people is true.

 

[hadit]

"Tax Records Obtained by The Times"

Is it even legal for someone to leak another individual's tax information, then publicize said information without the permission of the individual?

I hear that Trump's negatives are hurting the family businesses. I hope they go broke. Not all of Trump's skeletons are even out of the closet yet.

That clearly exposes the democrat frame of mind. It is not enough to simply defeat an opponent by getting more votes. No, it is necessary to totally destroy any and all opposition. This is now SOP.

Trump isn't running to win. Trump is running to keep the GOP out of the White House.

Does that make it legal?

 

[ScienceRocks]

Trump is just enough asshole that wants to use our roads, police, military and economic environment for his gain, but doesn't want to pay shit.

 

[beagle9]

Trump is just enough asshole that wants to use our roads, police, military and economic environment for his gain, but doesn't want to pay shit.

. According to y'all he's already doing that legally. I hear him talking about making America great again, and that means to be inclusive, and to change idiotic laws and regulations that hold people back to the detriment of this nation. If you think Trump is going to write checks out of his own accounts to do up keep on the roads etc. then surely you have bumped your head. We all pay in to keep our public services going, and Trump does the same with us.

It is not for the rich to pay more in to these things, and in an unfair way just because of their successes in life, but rather it is for them to pay in what the law says they must pay in just like the rest of us and no more no matter how we feel or think about it. Trump has paid in huge taxes over the years, but you look at a year he lost millions on, and you thank that he should've payed in more than he was required to on top of the losses he incurred ???? Like he said, if you want changes then change the laws, but undoubtedly every one in government on both sides of the isle's figured that the tax code worked or it would have been changed a long time ago.

So why now all the hub bub about Trump's taxes ??? It's because Hillary is trying to play the uneducated about it all, and doing so by suggesting she is a champion for the poor when we know she is nothing but a player. Her and Bill know the vulnerabilities of the uneducated, and they know that there are millions in which they ((the democrats)) have made poor or kept poor for a very long time in order to keep their gravy train going.. They ((the democrats)) have done so in order that they can say and do anything without being challenged by those who know bull crap when they see it or smell it, so they keep people down by ignoring the devices that create poverty for the soul purposes of keeping their power. The poor or uneducated need to somehow rise up and take a stand against their true oppressor's the Democrat party. Join up with a party that requires people to stand up, get well, be responsible, and join the party that truly cares "the conservative" party, who will help in any way possible, but will not help People to remain dependent, brainwashed, poor, angry, and terminal just for a vote.

If think you will never get out of poverty, and think your destined for failure forever, then stick with the party of thieves ((the democrats)) who steel from the working class to give to their rich donors, and then in turn give handouts to the tune of trillions to their terminally poor they create in which are paid for by the working class who have been screwed royally in it all.

The working class in this country have had enough, and it's time for major change. We don't need a Hillary Clinton lying to this country, and trying to ride every wave or issue as if she is sympathetic to everyone's cause or issues, when we know she is slam full of it. We as a country can no longer afford a Democrat government plain and simple.

 

[Toddsterpatriot]

Trump is just enough asshole that wants to use our roads, police, military and economic environment for his gain, but doesn't want to pay shit.

Who does he think he is, an illegal alien?

 

[WorldWatcher]

Who does he think he is, an illegal alien?

Do we know? Has he released his birth certificate yet?


>>>>

 

[beagle9]

Who does he think he is, an illegal alien?

Do we know? Has he released his birth certificate yet?


>>>>

. Good grief, is that all you got ?

 

[WorldWatcher]

Do we know? Has he released his birth certificate yet?


>>>>

. Good grief, is that all you got ?

No, but I wonder why he's hiding it.

You would think that someone big into being a birth and who paid private investigators to go to Hawaii, well that would have been one of the first things he'd have put out for public consumption.

What is he hiding?


>>>>

 

[beagle9]

Do we know? Has he released his birth certificate yet?


>>>>

. Good grief, is that all you got ?

No, but I wonder why he's hiding it.

You would think that someone big into being a birth and who paid private investigators to go to Hawaii, well that would have been one of the first things he'd have put out for public consumption.

What is he hiding?


>>>>

. Don't recall anyone questioning it.

 

[WorldWatcher]

. Don't recall anyone questioning it.

What?

No ones asked for it?

I thought after the last two elections providing birth certificates would be right up there with releasing your tax forms.

But of course Trump hasn't done that either.


>>>>