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Bill Maher, Mark Cuban, James Carville, Johann Hari On Trump's Billion Dollar Loss (Original Post) ancianita Oct 2016 OP
Good remarks, now all of those who still thinks Trump is a great guy, get over it Thinkingabout Oct 2016 #1
I admit, I fell for the old "bait and switch" Trump does on the issue of taxes King_Klonopin Oct 2016 #2
The fiduciary argument is total BS - these were his personal income taxes underpants Oct 2016 #3
Also, doesn't the "money as speech" law enable people to blur their personal with their corporate? ancianita Oct 2016 #4

Thinkingabout

(30,058 posts)
1. Good remarks, now all of those who still thinks Trump is a great guy, get over it
Fri Oct 7, 2016, 11:20 PM
Oct 2016

He is a scumbag who commits lots of fraud.

King_Klonopin

(1,306 posts)
2. I admit, I fell for the old "bait and switch" Trump does on the issue of taxes
Sat Oct 8, 2016, 04:37 AM
Oct 2016

He claims that not paying taxes makes him a smart business man and a "genius".

What I failed to catch was the way he confuses personal income taxes with corporate taxes.

I believe the 900 million dollar loss he reported was on his own INCOME TAX return
(i.e. personal wealth -- the money that ends up in his pockets at the end of the day
AFTER everything is all added up and the profits are distributed)

Corporate Taxes on Trump Inc., or whatever he calls his "empire", is a separate issue completely.
I am sure he didn't pay any business taxes either, but we want to see his INCOME TAX returns.

He tries to have it both ways:

1) I am rich, rich, rich -- So wealthy, that I am a genius who is entitled to and deserving of the
Presidency of the U.S.

2) I didn't have to pay any income taxes because I lost a billion dollars and "I am smart"
(i.e. I know how to play the system while using "business" as an excuse for avoiding paying
INCOME TAXES.)

Whenever he uses "smart businessman" or "fiduciary responsibility", someone needs to call him on it.

underpants

(182,769 posts)
3. The fiduciary argument is total BS - these were his personal income taxes
Sat Oct 8, 2016, 10:58 AM
Oct 2016

Yes there is a want to do better for his family but his business and stockholders have nothing to do with this.

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