The Biggest and Greatest Tax Evader of All Time
Well, well , well, it seems that Mr. Trump finds virtue in not paying taxes. That makes him smart. A genius, in fact.
And just as importantly, his tax returns show what a great business man he is.
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.
Yeah, that took all the business acumen of an undereducated field mouse.
Wanna know who thinks even the rich should pay their taxes? These guys. Warren Buffet and Bill Gates pay their taxes. They also donate heavily to charity. And they are decent human beings.
Trump’s response to all this? Hillary was not faithful to Bill.
And as he continued to look in a mirror, he added …
The rhetoric for the rest of Trump’s address, in which he veered off from his teleprompter early and often, stayed at a fever pitch. He encouraged chants of “Lock her up!” from his supporters by saying that Clinton “should be in prison.”
In the midst of comparing his “great temperament,” to Clinton’s, Trump declared, “She could be crazy. She could actually be crazy.”
I have something to say to KelleyAnne Conway. Woman, put on your big girl panties and get the hell away from that guy before someone gets hurt. Face it, sweetie, you ain’t doing all that good a job.
Those of us who live only on SS or disability get wingnut harangued for not paying income taxes. We are leeches even though we pay a larger percentage of our meager money for other taxes. So Drumpf and his minions are using the excuse that he pays enormous amounts of other taxes, the very excuse they damn us poor folk with.
Besides he only got to skip taxes for 15 years ahead and 3 in hind sight.
1Remember Mr/Dr ? Doubletalk on TV back in the day…….all of dump’s peeps on TV sound like him…..I could go through the TV screen to get to KelleyAnne
2Trump takes his chickenhawk status to new heights. He’s a strong supporter of the military by having never served, and pays none of the taxes needed to properly equip our soldiers. But he’s such a genius he’ll have them fighting naked, walking if they have to. And they’ll be winners because Trump says so.
What a loser.
3Trump is no “tax genius” like Giuliani and Christie purport. The accountant who prepared his taxes for him said all Trump did was come in and sign the forms and that Ivana used to have questions where Trump himself had zero interest in it.
All I can think about is the people who were stiffed by him when he drove his ventures into the ground. These folks lost a lot of money and sometimes their businesses, but I’ll bet they still had to pay their taxes.
4Face it, Drumpf is a failure, but has enough money to pay a team of accountants to finagle tax breaks for him. The wealthy simply do not have to live by the rules which we commoners do.
5The finagling may catch up with him regarding his “charity”.
Pay taxes? He doesn’t pay anybody he thinks he can get away stiffing. Besides, he doesn’t have the attention span necessary to understand anything as complex as taxes or contracts.
6Well, he claimed he could shoot somebody in public and not lose any voters. Apparently he’s testing the “shoot my mouth off and not lose any voters” hypothesis. (Sorry, Donnie, I used a big word there.)
In some cases he’s right. The WashPost has a cover story about a Trump voter who may think he can literally turn water into wine– I didn’t read far before I got the dry heaves and had to quit. You only have to get 3-4 paragraphs in to find her ideas about the Obamas, which I think must have been beamed into her skull from the planet Moron.
https://www.washingtonpost.com/national/finally-someone-who-thinks-like-me/2016/10/01/c9b6f334-7f68-11e6-9070-5c4905bf40dc_story.html
7I will say it again. He has the low IQ Bigot vote locked up.
8And in AZ.&TX. that is a lot of votes.
Rhea: Saw the WaPo article. Couldn’t make it past the front page. She’s a cult member, poor thing. Did you check the Outlook section? Couple of pages in on the right an article by a Mr. Diehl. Sold pianos to the Trump casinos in Atlantic City. Got screwed out of $30,000. Tells of others who got shafted. A good read. The cultist above could care less.
9RE: KelleyAnne Conway, sometimes I detect a little bit of ‘sympathy’ for her around here and elsewhere.
10Just DON’T.
She is actually more evil than tRump (who seems to actually be a well insulated pompass chitforbrains moron frat boy trying to buy and bullchit his way into politics).
Ms. Conway has been doing real live RWNJ politics for many years, and would luv to ovenbake every damn librul in the land if given a chance. Remember, she was a BFD in the DetesTed Cruz 2016 campaign too.
KAC, pure evil-for-hire.
When KelleyAnne goes into overdrive so the interviewer can’t get a word in edgewise you KNOW she is lying.
11KellyAnne is VERY good at what she does, but Trump’s ego is an immovable object.
Give Trump an enema and you could bury him in a matchbox.
12Kellyanne’s choice of careers and bosses is showing on her tired, strained face. Being a sellout is not a good lifestyle choice, and she really needs to rethink this. She looks terrible.
13Kellyanne screwed up her political future with this one. When it goes down in flames, she’s never going to get the stink off.
14She is one temper tantrum away from being fired, being called fat and ugly.
15Her choice.
The snacilbupeR want to roll back the clock. Maybe they should start with a public lynching of Donnie. Or, maybe tar and feathers. Pitchforks for Donnie, the Wells Fargo chumps and Epi-pen Boy.
Senator Elizabeth Warren for Senate Majority Leader in 2017!
16This is my favorite part about the authentication of Trump’s tax papers from the NYT:
“We were initially thrown off by a quirk in the records noticed by Megan Twohey: On the line on which Mr. Trump had reported his huge loss — of $915,729,293 — the first two digits did not line up with the next seven. Could the document have been doctored, we wondered?
In a conversation there, Mr. Mitnick (the semiretired accountant who had prepared and signed Mr. Trump’s tax returns) not only said that the records appeared to be authentic, he also solved the mystery of the digits that did not line up. It turned out that the tax preparation software he had used did not allow him to enter a loss of nine figures. So, he recalled, he had to manually enter the first two digits, using an IBM Selectric typewriter.”
Even the tax software couldn’t anticipate a loss of more than $10 million. Trump’s loss was nearly 100 times that amount. He’s a business genius all right.
17McCTurtle feels so bad for Well’s executive Stumpf that wingnuts have a bill to dismantle the committee that roasted Stumpf. Can’t allow gubmint to harass fine upstanding wingnut donor crooks, now can we?
18If I understand this correctly, Donald Trump lost 916 million dollars, more or less, in 1995, from a variety of business failures. Tax laws allowed him to take up to that amount off the taxes he actually paid, over the next fifteen years. Which means, if I understand this, that he did not make enough over the last fifteen years to pay a total of 916 million dollars in taxes. That may not mean that he’s a tax cheat, but it may well mean that he’s not the hotshot billionaire businessman that he’s been claiming to be. And we have no idea what he’s been up to for the last three years, since the tax break expired. Interesting, that.
If I have misunderstood what’s going on, please correct me.
19TTPT, some of those people were retirees or about to be retirees like teachers and so on. Their pension managers invested in at least one of whatever Trump had going at the time and they ended up losers. He walks free while everyone else dies of third degree burns. No, he is not smart. And he is going to pay of this someday. Karma, ya know.
20What else ya hiding, Donnie?
And, do NOT attempt to play the victim and claim the IRS is picking on you.
What appears here is another case of Donnie forgetting whose money is whose. As he did with the Foundation money to pay his legal liabilities, it appears he is using the money he defrauded from investors to claim as a loss on his personal federal income tax return. No, no and no, Donnie: you cannot file bankruptcy on your business failures, then turn around and pretend you personally lost money using that SAME money to stake that claim, when it never was your money.
An aside. DJT shares went from $35 to 17 cents a share during that time frame. What a business genius! Which brings the question: who is the most stupid, a Drumpf investor or a Donnie voter?
21Why in tarnation should Trump be able to write off his gross losses? His write off should be reduced dollar for dollar by the benefit of the bankruptcy discharge. The amount that the creditors were forced to eat should be deducted from the loss carry over. Forgiveness of debt is income to someone this well heeled.
22Scumballus Maximus.
May he soon become extinct.
23Rhea and JAK, I was going to link to the Wapo article too, and I did read it all. I am curious about how people think, view themselves in the world and how they come to believe what they believe. I have a great deal of interest in how people get to the place they are. What is wrong with them?
There is a small cadre of people in my building who would agree with her on many items, maybe even the most extreme of her thoughts. They’re convinced that stuff is really true and that they know things the rest of the population (us) are being bamboozled about. They have secret information and they are among the few courageous enough to recognize and admit The Truth.
They are sincere about these things and they are not stupid or cruel or insane people. In fact, they’re nice enough, though quite negative in their daily outlook. It concerns me that the US has a population segment like that. I have sympathy for them because living in a constant of gloom and doom has got to be a helluva way to live.
24PKM @6,
25RE: “Epi-pen Boy”, is actually “Ms. EpiPen”. Very well paid Pharma CEO daughter of US Sen. Joe Manchin (D:R-WV), w/ questionable academic, biz prereq, and ethical traits.
Debbo: Yes, I know what you mean. But as I have done, parse beyond what they espouse and believe and you’ll find the root of their ideology: It’s THEM not ME.
That’s at the heart of all Trump’s followers. They are VICTIMS, damn it. If migrants didn’t migrate (at least, not to here); if gays didn’t marry; if every person in the White House were really, y’know, white; if transgenders would just go in the bushes; etc., all would be right with the world and they would all be rich and smart and tanned and buff.
And these idgits get to vote. Welcome to democracy.
26He is not a presidential candidate, he is a conman. This effort is about laundering as much of his campaign expense as he can, while he can, and not become president. Good lord, why does nobody see that?
He’s been a con artist his entire life. Nothing has changed except the scale of the con.
27Who would have guessed that The Donald was one of Romney’s 47% ?
28After several cups of tea and aspirin, I still couldn’t finish the WaPo article on that poor demented woman and her deadbeat boyfriend. Maybe drugs? And as for trump, we’ll hopefully this will cause him to implode. I’d say explode, but that would be too much crap for the planet to handle.
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