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In The News Today...
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| December 21st, 2022 at 6:59:42 AM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 189 Posts: 18807 |
Even Jesus not sure about that choice You believe in an invisible god, and dismiss people who say they are trans? Really? |
| December 21st, 2022 at 11:31:23 AM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 189 Posts: 18807 |
Note: News is saying Trump paid zero taxes his last year in office and $720 another year. You believe in an invisible god, and dismiss people who say they are trans? Really? |
| December 21st, 2022 at 11:40:00 AM permalink | |
| DRich Member since: Oct 24, 2012 Threads: 51 Posts: 4974 |
If he did it legally, good for him. If he broke the law I hope he pays for it. At my age a Life In Prison sentence is not much of a detrrent. |
| December 21st, 2022 at 11:44:25 AM permalink | |
| kenarman Member since: Oct 24, 2012 Threads: 14 Posts: 4530 |
Seeing he had no salary when he was in office that makes sense. "but if you make yourselves sheep, the wolves will eat you." Benjamin Franklin |
| December 21st, 2022 at 12:49:34 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4182 |
He, like most billionaires, make money when they sell the stock, or private assets, that make them billionaires. Shrewd accountants might figure out it’s better to pay in one year versus another. So maybe sell on December 31 for all the cash you’ll need next year, then next year sell nothing. I posted earlier…. didn’t Trump release one return showing he paid $34 million in a (specific) year? Maybe he paid zero the previous year. Maybe zero the year after. I have no idea how much ‘salary’ Trump takes as CEO of Trump enterprises. Or whatever it’s called. If it’s zero and he only makes money when he sells (capital gains) then he shouldn’t pay taxes. UNTIL he sells! |
| December 21st, 2022 at 1:18:58 PM permalink | |
| ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 12564 | Donny fought like hell to prevent this information from getting to the public, but as usual, in the end he lost the battle.  “A straight man will not go for kids.” - AZDuffman |
| December 21st, 2022 at 8:14:26 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4182 |
The poor guy lost $50 million over 6 years and still paid $300k a year in taxes! He needs better accountants! Who has that much negative income and still pays any taxes? He should qualify for food stamps, the earned income credit, housing assistance, heating assistance, loan forgiveness, welfare payments, child tax credits, and whatever other free money the Democrats are giving out today. On a more serious note, all those ‘losing’ years being made public has to irk him bigly! |
| December 22nd, 2022 at 2:36:53 AM permalink | |
| Tanko Member since: Aug 15, 2019 Threads: 0 Posts: 1995 | Those are all losses on paper. The tax laws are designed to promote investment. He owns hundreds of properties. Commercial properties can be depreciated over 39 years. Multi-family dwellings are depreciated over a shorter period. Interest payments on loans plus capitol expenses are all write-offs. Buy a multi-family or a commercial property, and you can get these write-offs too. "That makes me smart" |
| December 22nd, 2022 at 3:30:00 AM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11826 | Love this pic I hear Putin supporter Tucker is furious about this :-)  Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| December 22nd, 2022 at 5:54:15 AM permalink | |
| ams288 Member since: Apr 21, 2016 Threads: 29 Posts: 12564 |
The Trump family also seems pretty angry about this. Can’t imagine why… “A straight man will not go for kids.” - AZDuffman |