They got his taxes

Your Car Is Slow

HOLYBAMF
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i also love folks who think a 70,000 tax writeoff means you get that money back somehow.

not to mention thats 70,000 dollars paid to an employee....over the course of an entire year.

everyone in this thread would "write that off" if they were able to...including AOC.
 

gobrian77

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The bottom line is that Trump currently has $421,000,000 of personal liability (at a minimum- some financial experts speculate it could be closer to $1B)- that's a lot of money, and it's due in the next ~4 years, and Trump's businesses have been hurt by the recent shutdown, so he's not exactly cash-rich- if the POTUS has that kind of thing hanging over his head, it's certainly possible that he would be subject to pressure from his creditors (i.e. to negotiate more favorable terms of repayment)- if those creditors are non-Americans, well, that could lead to national security issues- wanting to at least know the source(s) of these loans doesn't seem unreasonable. Maybe it's mostly benign stuff like a loan tied to his golf course in Scotland- it does seem like a legitimate area of inquiry, though.
 

maui

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Pure Speculation

You could also say that a guy with 421million to lose because of China, who keeps putting the screws to China, is not looking out for him self as much as he is the future of the US. Its all how you present it. Thats probably one of the hang ups with the NYT right now, they're sitting on more info, and need to spin it to favor their agenda. If some right leaning org had it, they'd be doing the same thing. If they had some evidence of treason, that Robert Muller missed, they'd be singing it from the roof tops right now.

(also pure speculation)

Speculation is how we got the Russian collision investigation.

Debt is a common item for big businesses. Leveraging is one of the things people do to get ahead, or behind. When Micheal Eisner announced that Disney was debt free (25 years ago?) he almost lost his job. The bigger share holders, commercial ones, banks, etc accused him of near incompetence.
 

gobrian77

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Yes, it's speculation as to the potential source of the loans, but the loans themselves are facts- it's also well within the bounds of possibility, which is why it should be cleared up- this guy is the President of the United States, not Michael Eisner- Trump is a bit more of a concern as far as national security goes.

Yes, corporate debt is common for big businesses- as I made a point of highlighting, this is personal debt, which isn't so common with big businesses- it points to lenders not considering his businesses worth the risk, and forcing him to put himself on the line.

Trump needs to clear this up. He's been promising to show his returns for years- any audit would be finished by now for the years up to his assuming the presidency- time to do it.
 

maui

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I live in Cook County, one of the bluest places in the country. I have yet to see a Biden bumper sticker on a car, and there are still people driving around with Obama stickers on.
Don't think there is any bluer state than Hawaii, can't recall seeing a biden sticker recently. Not since the primaries anyway.
 

Terry_Schiavo

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In my little city , it's just like a great meme said:
"If signs in front yards are a bellwether, Donald Trump will win, followed by Yard Sale, and Joe Biden in third..."
my dad is a dyed in the wool gimmecrat who spent the last 3 months in MD... he was flabbergasted by the amount of trump signs in Delaware...hehe
 

BusaVeloce

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Yes, it's speculation as to the potential source of the loans, but the loans themselves are facts- it's also well within the bounds of possibility, which is why it should be cleared up- this guy is the President of the United States, not Michael Eisner- Trump is a bit more of a concern as far as national security goes.

Yes, corporate debt is common for big businesses- as I made a point of highlighting, this is personal debt, which isn't so common with big businesses- it points to lenders not considering his businesses worth the risk, and forcing him to put himself on the line.

Trump needs to clear this up. He's been promising to show his returns for years- any audit would be finished by now for the years up to his assuming the presidency- time to do it.
You forgot one little fact... when does being personal stop and "becoming a brand name " takes over...?

Trump is not just a name... But a Brand...
 

Stetson

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they arent personal liabilities...that is the ENTIRE point of incorporating.

its also ridiculous to assume anything with the trump name on it is somehow managed (or even owned in some cases) by him...vs just his name being licensed/branded.

It's being reported as personal liabilities. That's why people are having fits. I'm technically the president of a corporation, and I'm personally liable for several loans. Corporations aren't the end all of personal responsibility.
 

BusaVeloce

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No matter if you love or hate him (I am voting against Biden) this is not going to end well from a PR stand point for him who knows about legally at this point. He has been guarding this information with great tenacity and for a reason. The only thing suspect is timing of this and rest assured more will be "trickling" out even if it should not be over the next 5 weeks. Politics is the dirtiest game there is.
i would agree except the one tiny thing You overlooked...


nothing sticks to the "time traveler"...


laugh all You want...


but it is the only logical answer how he has gone this far...
 

Your Car Is Slow

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It's being reported as personal liabilities. That's why people are having fits. I'm technically the president of a corporation, and I'm personally liable for several loans. Corporations aren't the end all of personal responsibility.
they are with todays bankrupcy laws....sheltering yourself and your personal assets from collections and lawsuits are one of the biggest benefits of incorporation (that and the tax benefits).

personal loans are totally different, and those have absolutely fuckall to do with your corporate/scorp/llc/yadda taxes.
 

Your Car Is Slow

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maui

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It's being reported as personal liabilities. That's why people are having fits. I'm technically the president of a corporation, and I'm personally liable for several loans. Corporations aren't the end all of personal responsibility.
I don't think most people understand the basics of business either that or they suspend them because Trump...If you do a personal loan with a bank or a business loan with a bank, basically all the same information is on the balance sheet.

People are celebrating seeing Trumps taxes because they think the NYT will find a crime that the FBI missed after 4+ years of illegal surveillance and 32 million dollars.

Wonder what would happen if the FBI crawled up the Biden's or Clinton's family trees, like they did to Trump, and see how many branches break.
 

BusaVeloce

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My question still stands. I don't care about Pelosi's return any more than I do about McConnells. If they were running for President, then I would.
taking advantage of someones position in goobermint for financial gain should be punishable by death by 1000 cuts...

Trump is there to end their free run... that's why most on both sides still really hate him.
 
OP
Austin_F

Austin_F

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I'm proud of you guys.

When Hillary's emails came out, liberals refused to talk about what was in them, instead focusing on the fact they shouldn't have been leaked.

No one here is doing that. They got leaked, oh well.

I'm just wondering if there's a hooker account that's gonna get released :)
 

busa10

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I swear who gives a flyin' fuck about his taxes? Only haters. Everyone tries to pay less tax and most people cheat either on their income tax or taking cash for services.
I haven't read this whole posting because it's just stupid and maybe this is one of your freebies, but Trump has donated over a million dollars to the government by not taking his pay. Any government liberals doing that? And can you imagine the tax cheating going on in the congress and senate? I'm sure they claim all the lobbyist contributions and perks. Get real haters.
 

CID

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Debate Moderator said:
My Biden; What's your plan on containing China's virus?
(Jimmy Stewart Voice) Why TRUMPS TAXES you see!!

Debate Moderator said:
My Biden; What's your plan on future growth during times of crisis?
(Jimmy Stewart Voice) Why TRUMPS TAXES you see!!

Debate Moderator said:
My Biden; What's your plan on space exploration?
(Jimmy Stewart Voice) Why TRUMPS TAXES you see!! By gum and jiminy Cricket you're not listening to me!!
43282
 

Your Car Is Slow

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thats pretty much what all the responses are now when they ask him, his wife, or his campaign manager questions like that.

"how dare you ask that question...because trump"


this interview from his wife just a few days ago:

Democratic presidential nominee Joe Biden’s wife, Jill Biden, shut down a question Sunday from CNN’s Jake Tapper about any “gaffe” her husband may make.

“Oh, you can't even go there,” Jill Biden told the “State of the Union” host when he led into a question by noting that the former vice president “has been known to make the occasional gaffe.”

“After Donald Trump, you cannot even say the word gaffe,” she said

“I can't even say the word gaffe?” Tapper asked.

“Nope. Done. It's gone,” she responded.

“Over, so over,” she added.
(ff to 209)
 

jhinderliter

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The bottom line is that Trump currently has $421,000,000 of personal liability (at a minimum- some financial experts speculate it could be closer to $1B)- that's a lot of money, and it's due in the next ~4 years, and Trump's businesses have been hurt by the recent shutdown, so he's not exactly cash-rich- if the POTUS has that kind of thing hanging over his head, it's certainly possible that he would be subject to pressure from his creditors (i.e. to negotiate more favorable terms of repayment)- if those creditors are non-Americans, well, that could lead to national security issues- wanting to at least know the source(s) of these loans doesn't seem unreasonable. Maybe it's mostly benign stuff like a loan tied to his golf course in Scotland- it does seem like a legitimate area of inquiry, though.
you copied and pasted from NPR ?

They didn’t Mention Bezos either ..
 

Terry_Schiavo

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My question still stands. I don't care about Pelosi's return any more than I do about McConnells. If they were running for President, then I would.
why wouldnt you? Pelosi & McConnell have VAST political power and can use it in many ways and probably moreso than the President. Would you want an oligarch dictating terms to either of them?
 

Your Car Is Slow

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im saying you are incorrect about "illegal immigrants"...vs just "immigrants" or those here working under green cards or visas...all which provide SSNs to file taxes under.

or the number includes payroll/ss/medicare taxes withheld by the employer


there arent 27b worth of income taxes being paid in april every year by illegals...gtfo.
 

gobrian77

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you copied and pasted from NPR ?

They didn’t Mention Bezos either ..
No- it seemed like it was plausible based on the available info. I'm also pretty sure Bezos isn't POTUS.

I don't think most people understand the basics of business either that or they suspend them because Trump...If you do a personal loan with a bank or a business loan with a bank, basically all the same information is on the balance sheet.
The last time Trump personally (yes, it makes a difference) guaranteed huge loans was in the 1990s, when he almost was ruined (due to the Atlantic City casinos debacle), and got lucky not to have been financially destroyed. What the terms of these loans mean is that Trump's personal assets, which would normally normally be shielded from forfeiture in the event of a corporate loan default, are now something banks and lending institutions can go after. He can't just declare a business bankruptcy (which he's done several times in the past) and spare his personal assets.

I think most people don't understand that a businessman isn't going to personally put himself on the line if there's a way to avoid it. It also means banks didn't see his businesses as being worth the risk, or they're already leveraged to the max (making them that much less likely to generate the required income to pay the loans back). This is how a rich guy can lose everything, by overextending himself. You want to avoid as much risk as possible, not take it all on personally- you want to limit liability to the furthest extent possible- Trump is now 100% personally liable for those loans.

If the POTUS has huge debts and is beholden to lenders, I think that could possibly influence his actions, and it's a legitimate issue.
 

Terry_Schiavo

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I think most people don't understand that a businessman isn't going to personally put himself on the line if there's a way to avoid it. It also means banks didn't see his businesses as being worth the risk, or they're already leveraged to the max (making them that much less likely to generate the required income to pay the loans back). This is how a rich guy can lose everything, by overextending himself.
If the POTUS has huge debts and is beholden to lenders, I think that could possibly influence his actions, and it's a legitimate issue.
thats just it... who is going to make him pay what? At the very least he's protected by the Secret Service. Unless the dirty money he borrowed has more nefarious characters willing to kidnap family members...
Also with his penchant for over valuing assets... Id bet on a default.
 

gobrian77

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thats just it... who is going to make him pay what? At the very least he's protected by the Secret Service. Unless the dirty money he borrowed has more nefarious characters willing to kidnap family members...
Also with his penchant for over valuing assets... Id bet on a default.
I don't think they're going to send hitmen after him- they'll go after him legally in court to try and take his substantial personal assets. He doesn't want to personally default, which is why he was so desperate not to declare bankruptcy in the 1990s, when he was also personally liable (it's different from a business bankruptcy, of which he's had several that didn't have a huge impact on him financially). What could happen is that, if he can't make an agreement on payment terms, he's going to lose pretty much all his assets, which, I think, he'd rather avoid if possible.

He won't be going to jail or living on the street, but he could get financially crushed by his creditors.
 
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