Mileage Psycho Posted May 8, 2019 Share Posted May 8, 2019 It's amazing how this imbecile squandered Fred's money and then fucked over small businesses owners with his multiple bankruptcies, he is a man who cheated on his wife, family, and country, yet he is god like to many here, so sad. Quote New York Times: Tax documents show Trump businesses lost more than $1 billion in a decade Washington (CNN)President Donald Trump's businesses reported losses of $1.17 billion from 1985 to 1994, The New York Times reported Tuesday, citing information from tax documents from those years. It appears Trump lost more money than nearly any other individual US taxpayer year after year, the Times reports, according to the 10 years of tax information the newspaper acquired. Trump ran for president branding himself as a self-made billionaire, touting his financial success, but he has been steadfast in his refusal to release his tax returns to the public, despite mounting pressure from Congress. On Monday, Treasury Secretary Steven Mnuchin formally denied a request from the House Ways and Means Committee for Trump's last six years of tax returns, a period not covered by the documents reported by The Times on Tuesday. In 1990 and 1991, Trump's core business losses were more than $250 million each year -- more than double those of the closest taxpayers in those years, the Times reports. Trump lost so much money that he avoided paying income taxes for eight of the 10 years, according to the newspaper. The Times previously reported that Trump helped "his parents dodge taxes" in the 1990s, including "instances of outright fraud," and that he and his siblings helped his parents hide millions of dollars in gifts in a "sham corporation." Trump, starting at the age of 3, received at least $413 million in today's dollars from his father's real estate empire, the Times previously reported. The Times did not obtain Trump's tax returns, but someone who had legal access to the returns gave the newspaper information about their contents. The Times then matched the information to figures in the public database of IRS information on top earners, where identifying details are removed. The Times used other public documents to confirm significant findings, and used confidential Trump family tax and financial records the newspaper had previously acquired. Trump on Wednesday morning defended his actions, tweeting that developers during that time "were entitled to massive write offs and depreciation which would, if one was actively building, show losses and tax losses in almost all cases." He also said it was advantageous to "show losses for tax purposes" in order to renegotiate with banks and called the Times' report a "highly inaccurate Fake News hit job," though he didn't specifically cite anything incorrect about the story. https://www.cnn.com/2019/05/07/politics/trump-tax-returns-losses/index.html Quote Link to comment Share on other sites More sharing options...
Zambroski Posted May 8, 2019 Share Posted May 8, 2019 Oh, just stop it. Quote Link to comment Share on other sites More sharing options...
old indy Posted May 8, 2019 Share Posted May 8, 2019 when one Plays big, one wins or loses big. im not saying hes had the greatest track record but when painting pictures lets see the whole thing............. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted May 8, 2019 Platinum Contributing Member Share Posted May 8, 2019 (edited) Cheated on his family ‘eh.....do you say the same thing about Billy Boy? Why is it your business what goes on within his family? Edited May 8, 2019 by Jimmy Snacks 1 Quote Link to comment Share on other sites More sharing options...
Edmo Posted May 8, 2019 Share Posted May 8, 2019 23 minutes ago, Jimmy Snacks said: Cheated on his family ‘eh.....do you say the same thing about Billy Boy? Why is it your business what goes on within his family? It is interesting what hate will do to you. I could care less who Billy or Donny poked. 1 Quote Link to comment Share on other sites More sharing options...
F3600 Posted May 8, 2019 Share Posted May 8, 2019 1985 to 1994...Then specifically call out 90 and 91...no mention of contributing factors that the S&L crisis impacted Real Estate (Trump business) and then a recession in 90 and 91. I'm sure lots of business saw losses or bankruptcies. 1 Quote Link to comment Share on other sites More sharing options...
snoughnut Posted May 8, 2019 Share Posted May 8, 2019 2 hours ago, Mileage Psycho said: It's amazing how this imbecile squandered Fred's money and then fucked over small businesses owners with his multiple bankruptcies, he is a man who cheated on his wife, family, and country, yet he is god like to many here, so sad. 54 minutes ago, Jimmy Snacks said: Cheated on his family ‘eh.....do you say the same thing about Billy Boy? Why is it your business what goes on within his family? No shit, not to mention, we should make Clinton pay back the 70 million it cost for his perjury trial. 1 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 8, 2019 Share Posted May 8, 2019 That’s a lot of money trump has lost. Wow. Most likely a template of what’s to come for all. High debt, big borrowing, living large, and then boom. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted May 8, 2019 Share Posted May 8, 2019 4 minutes ago, spin_dry said: That’s a lot of money trump has lost. Wow. Most likely a template of what’s to come for all. High debt, big borrowing, living large, and then boom. i fell for his boasts when i was in HS, can't believe people sill put him on a pedestal. His father should have let him really fail a few times instead of bailing his ass out and maybe he'd have a bit of humility. Quote Link to comment Share on other sites More sharing options...
Rod Posted May 8, 2019 Share Posted May 8, 2019 Another reason everyone knows wince has no clue about business. You can’t tell profit from tax returns. You have to look at his review engagements. Wince is clueless 1 1 Quote Link to comment Share on other sites More sharing options...
hayward Posted May 8, 2019 Share Posted May 8, 2019 49 minutes ago, spin_dry said: That’s a lot of money trump has lost. Wow. Most likely a template of what’s to come for all. High debt, big borrowing, living large, and then boom. In't that the way most now a days are living? Granted on much different scales but all in all, many have the same bad habits. Quote Link to comment Share on other sites More sharing options...
hayward Posted May 8, 2019 Share Posted May 8, 2019 44 minutes ago, Angry ginger said: i fell for his boasts when i was in HS, can't believe people sill put him on a pedestal. His father should have let him really fail a few times instead of bailing his ass out and maybe he'd have a bit of humility. what? holy fricken gullible batman.... one never shall fall for a NYC businessman's schtick. we're gonna need some clarification on this one..... Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted May 8, 2019 Platinum Contributing Member Share Posted May 8, 2019 This story first came out 2016...recycled horseshit that means nothing. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 8, 2019 Share Posted May 8, 2019 1 hour ago, hayward said: In't that the way most now a days are living? Granted on much different scales but all in all, many have the same bad habits. I see guys my age with little or nothing for retirement. Poor planning and living beyond their means. Having a lot of shit never equates to happiness. Off course living hand to mouth doesn’t bring happiness either. It’s best to strike a nice balance. Seriously, how much shit does a guy require for validation? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted May 8, 2019 Share Posted May 8, 2019 38 minutes ago, spin_dry said: I see guys my age with little or nothing for retirement. Poor planning and living beyond their means. Having a lot of shit never equates to happiness. Off course living hand to mouth doesn’t bring happiness either. It’s best to strike a nice balance. Seriously, how much shit does a guy require for validation? Most successful people don't have an off switch. Quote Link to comment Share on other sites More sharing options...
Rod Posted May 8, 2019 Share Posted May 8, 2019 5 minutes ago, ArcticCrusher said: Most successful people don't have an off switch. Very true Quote Link to comment Share on other sites More sharing options...
hwytohell Posted May 8, 2019 Share Posted May 8, 2019 2 hours ago, Jimmy Snacks said: This story first came out 2016...recycled horseshit that means nothing. Keeps the dem n.y, slimes in the click bait revenue business. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted May 8, 2019 Share Posted May 8, 2019 He is a successful con man. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 8, 2019 Share Posted May 8, 2019 45 minutes ago, ArcticCrusher said: Most successful people don't have an off switch. Good thing you have hours to spend on here. Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted May 8, 2019 Gold Member Share Posted May 8, 2019 15 minutes ago, spin_dry said: Good thing you have hours to spend on here. Says the guy who spends so much time here he needs two screen names! 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 8, 2019 Share Posted May 8, 2019 Just now, Kivalo said: Says the guy who spends so much time here he needs two screen names! That’s a ridiculous statement Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted May 8, 2019 Gold Member Share Posted May 8, 2019 Just now, spin_dry said: That’s a ridiculous statement AFJ would probably disagree 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 8, 2019 Share Posted May 8, 2019 Just now, Kivalo said: AFJ would probably disagree You don’t even know him. Right now I’m the shiny object with slinger MIA. Kind of ridiculous how they chase me around here. Quote Link to comment Share on other sites More sharing options...
Gold Member Kivalo Posted May 8, 2019 Gold Member Share Posted May 8, 2019 Just now, spin_dry said: You don’t even know him. Right now I’m the shiny object with slinger MIA. Kind of ridiculous how they chase me around here. Slinger isn't mia any longer and you love the attention and everyone knows it. Half the time you make some stupid statement hoping to be edgy so you can watch the circus. 1 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted May 8, 2019 Share Posted May 8, 2019 7 minutes ago, Kivalo said: Slinger isn't mia any longer and you love the attention and everyone knows it. Half the time you make some stupid statement hoping to be edgy so you can watch the circus. Welcome to the trapeze. Quote Link to comment Share on other sites More sharing options...
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