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jodeke
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PostPosted: Sun Sep 27, 2020 8:44 am    Post subject:

ChefLinda wrote:
Trump is blathering on about Biden taking drugs in order to do well at the debates and he's demanding that both of them do drug tests before or after the debate.
First of all, he's (bleep) crazy.

Second of all, he knows it won't happen so he's just projecting and throwing (bleep) at the wall hoping something sticks.

Third, is he looking for a way out of the debate?

Four, is he trying to distract from 200,000+ dead Americans?

Five, all of the above.


I've always thought there would be no debates. Biden would have him for lunch. His backers know that. I'll be surprised if there's a debate 9:00 pm to 10:30 pm Eastern time on September 29th.

Honestly, I wish Biden would say OK lets drug test. I don't think Trump would do it. He's probably got more drugs in him than a street junkie.

What was that white stuff that flew out of his nose at his presser? The presser where he was constantly sniffing.

Do it Joe, Do it!
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PostPosted: Sun Sep 27, 2020 8:57 am    Post subject:

ChefLinda wrote:
See, they are all the same in the end. Power hungry hypocrites:

Quote:
Manu Raju @mkraju

Murkowski: “For weeks I have stated that I do not support taking up a potential Supreme Court vacancy this close to an election. But today the President exercised his constitutional authority..I welcome the opportunity to meet with the Supreme Court nominee, just as I did in” ‘16


[sarcasm]shocking . . . [/sarcasm]
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PostPosted: Sun Sep 27, 2020 10:12 am    Post subject:

Being top dog on a pile of sh!+ still leaves you atop a pile of sh!+.

That's what McConnell is, in relation to his Senate Republicans.


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ChefLinda
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PostPosted: Sun Sep 27, 2020 1:45 pm    Post subject:

The NY Times got a hold of Trump's tax returns:

THE PRESIDENT’S TAXES - LONG-CONCEALED RECORDS SHOW TRUMP’S CHRONIC LOSSES AND YEARS OF TAX AVOIDANCE

Quote:
The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.

By Russ Buettner, Susanne Craig and Mike McIntire

Sept. 27, 2020

Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.

He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.


As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.

The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public. His reports to the I.R.S. portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes. Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.

The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office. It does not include his personal returns for 2018 or 2019. This article offers an overview of The Times’s findings; additional articles will be published in the coming weeks.


More to come as people start pouring over them with a fine tooth comb. But to sum up -- he's a lying, cheating, fraud who may yet end up in jail.
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PostPosted: Sun Sep 27, 2020 1:56 pm    Post subject:

Quote:
The ‘consulting fees’
Across nearly all of his projects, Mr. Trump’s companies set aside about 20 percent of income for unexplained ‘consulting fees.’
These fees reduce taxes, because companies are able to write them off as a business expense, lowering the amount of final profit subject to tax.

Mr. Trump collected $5 million on a hotel deal in Azerbaijan, for example, and reported $1.1 million in consulting fees. In Dubai, there was a $630,000 fee on $3 million in income. Since 2010, Mr. Trump has written off some $26 million in such fees.

His daughter appears to have received some of these consulting fees, despite having been a top Trump Organization executive.

The Times investigation discovered a striking match: Mr. Trump’s private records show that his company once paid $747,622 in fees to an unnamed consultant for hotel projects in Hawaii and Vancouver, British Columbia. Ivanka Trump’s public disclosure forms — which she filed when joining the White House staff in 2017 — show that she had received an identical amount through a consulting company she co-owned.


My favorite part.
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jodeke
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PostPosted: Sun Sep 27, 2020 2:11 pm    Post subject:

ChefLinda wrote:
The NY Times got a hold of Trump's tax returns:

THE PRESIDENT’S TAXES - LONG-CONCEALED RECORDS SHOW TRUMP’S CHRONIC LOSSES AND YEARS OF TAX AVOIDANCE

Quote:
The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.

By Russ Buettner, Susanne Craig and Mike McIntire

Sept. 27, 2020

Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.

He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.


As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.

The tax returns that Mr. Trump has long fought to keep private tell a story fundamentally different from the one he has sold to the American public. His reports to the I.R.S. portray a businessman who takes in hundreds of millions of dollars a year yet racks up chronic losses that he aggressively employs to avoid paying taxes. Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.

The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office. It does not include his personal returns for 2018 or 2019. This article offers an overview of The Times’s findings; additional articles will be published in the coming weeks.


More to come as people start pouring over them with a fine tooth comb. But to sum up -- he's a lying, cheating, fraud who may yet end up in jail.

Vote him out of office then do a Al Capone.

Is it my computer or is the site clogging? It sometimes takes awhile for a post to preview, submit, or change threads.
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Last edited by jodeke on Sun Sep 27, 2020 2:29 pm; edited 4 times in total
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ChefLinda
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PostPosted: Sun Sep 27, 2020 2:22 pm    Post subject:

Trump had a post-golf "press" conference:

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Adam Parkhomenko @AdamParkhomenko

Trump walked away when asked why he pays less taxes than any American
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PostPosted: Sun Sep 27, 2020 2:44 pm    Post subject:

Quote:
Ultimately, Mr. Trump has been more successful playing a business mogul than being one in real life.


Quote:
“The Apprentice,” along with the licensing and endorsement deals that flowed from his expanding celebrity, brought Mr. Trump a total of $427.4 million, The Times’s analysis of the records found. He invested much of that in a collection of businesses, mostly golf courses, that in the years since have steadily devoured cash — much as the money he secretly received from his father financed a spree of quixotic overspending that led to his collapse in the early 1990s.


Quote:
Indeed, his financial condition when he announced his run for president in 2015 lends some credence to the notion that his long-shot campaign was at least in part a gambit to reanimate the marketability of his name.

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Last edited by SweetP on Sun Sep 27, 2020 2:46 pm; edited 1 time in total
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PostPosted: Sun Sep 27, 2020 2:44 pm    Post subject:

It's weird how The NYT is starting this onslaught, just weeks before the election. It could hurt Trump in the way Comey hurt Hillary Clinton.


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PostPosted: Sun Sep 27, 2020 2:47 pm    Post subject:

FernieBee wrote:
It's weird how The NYT is starting this onslaught, just weeks before the election. It could hurt Trump in the way Comey hurt Hillary Clinton.



Too bad, so sad.
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PostPosted: Sun Sep 27, 2020 2:57 pm    Post subject:

You can add tax cheat to the list of what makes this repugnant Jack ass a fraud and awful person.

VOTE
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jodeke
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PostPosted: Sun Sep 27, 2020 3:38 pm    Post subject:

JamezAmp wrote:
You can add tax cheat to the list of what makes this repugnant Jack ass a fraud and awful person.

VOTE

I 🙏🏾 karma is real.
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PostPosted: Sun Sep 27, 2020 3:40 pm    Post subject:

It's worse than simple being a tax cheat or committing bank fraud - which are criminal and can send him to jail. He's a compromised national security threat with massive conflicts of interest where his personal financial desperation influences US policy decisions to his personal benefit. He's as corrupt as corrupt gets. He has a $300M debt coming due in the next 4 years and a $100M tax case before the US tax attorney. What are the odds he corruptly leverages his governmental position to save himself? 100%

Quote:
Juliette Kayyem @juliettekayyem

Excessive debt is viewed as a national security vulnerability and generally means no security clearance allowed. Why? Not only because a debt ridden person is desperate, but because the entity loaning has undue influence over the person. #TrumpTaxReturns
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PostPosted: Sun Sep 27, 2020 3:48 pm    Post subject:

And a $70,000 tax deduction for "hair styling."
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PostPosted: Sun Sep 27, 2020 3:52 pm    Post subject:

It’s worse that there is a number ($750). It like tipping a nickel or giving a $2 bonus to an employee. Wonder if that $750 sticks with some people.
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PostPosted: Sun Sep 27, 2020 3:59 pm    Post subject:

Quote:
George Takei
@GeorgeTakei
Fun fact: In 2016, Trump paid Stormy Daniels more than 173x what he paid the federal government in income taxes.

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PostPosted: Sun Sep 27, 2020 4:10 pm    Post subject:

Quote:
David Rothkopf
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It is impossible to read this exceptional
@NYTimes
story on Trump's taxes & not conclude he is a crook, his kids are crooks, his companies are badly mismanaged & his financial future is precarious. His creditors own him. We need to know who they are.

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PostPosted: Sun Sep 27, 2020 4:17 pm    Post subject:

FernieBee wrote:
It's weird how The NYT is starting this onslaught, just weeks before the election. It could hurt Trump in the way Comey hurt Hillary Clinton.



Sadly, his voters won’t care.
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PostPosted: Sun Sep 27, 2020 4:20 pm    Post subject:

DancingBarry wrote:
It’s worse that there is a number ($750). It like tipping a nickel or giving a $2 bonus to an employee. Wonder if that $750 sticks with some people.


Now most people know that they personally paid more in taxes than Trump. That makes it very easy to understand -- unlike the many thousands of convoluted ways he corruptly manipulated the tax code.
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PostPosted: Sun Sep 27, 2020 4:27 pm    Post subject:

Omar Little wrote:
FernieBee wrote:
It's weird how The NYT is starting this onslaught, just weeks before the election. It could hurt Trump in the way Comey hurt Hillary Clinton.



Sadly, his voters won’t care.


Kidnapped and locked kids in cage. Nope, they don't care.
Golfs every weekend, watches TV all day. Nope, they don't care.
Lies continuously about everything. Don't care.
Kills 200,000 Americans. Don't care.
Will take away their healthcare and kill Medicare & SS. They don't care.
Holds superspreader rallies and makes them sign a waiver so they can't sue if they get sick. They think he is the second coming.

It's a cult.

But -- there are Obama/Trump voters, moderates, independents, suburban women who are still deciding. They might care.
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PostPosted: Sun Sep 27, 2020 4:38 pm    Post subject:

Omar Little wrote:
FernieBee wrote:
It's weird how The NYT is starting this onslaught, just weeks before the election. It could hurt Trump in the way Comey hurt Hillary Clinton.



Sadly, his cult won’t care.

FIFY
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PostPosted: Sun Sep 27, 2020 5:04 pm    Post subject:

Wilt wrote:
Quote:
The ‘consulting fees’
Across nearly all of his projects, Mr. Trump’s companies set aside about 20 percent of income for unexplained ‘consulting fees.’
These fees reduce taxes, because companies are able to write them off as a business expense, lowering the amount of final profit subject to tax.

Mr. Trump collected $5 million on a hotel deal in Azerbaijan, for example, and reported $1.1 million in consulting fees. In Dubai, there was a $630,000 fee on $3 million in income. Since 2010, Mr. Trump has written off some $26 million in such fees.

His daughter appears to have received some of these consulting fees, despite having been a top Trump Organization executive.

The Times investigation discovered a striking match: Mr. Trump’s private records show that his company once paid $747,622 in fees to an unnamed consultant for hotel projects in Hawaii and Vancouver, British Columbia. Ivanka Trump’s public disclosure forms — which she filed when joining the White House staff in 2017 — show that she had received an identical amount through a consulting company she co-owned.


My favorite part.


Ivanka collects a salary working on daddy's projects and then gets huge "consulting fees" which her daddy writes off on his taxes to offset revenue he gets from said projects.

I hope she and her incredibly creepy android husband end up prison along with daddy and her brothers.
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PostPosted: Sun Sep 27, 2020 5:05 pm    Post subject:

More from the NYT - a cheat sheet for the other article:

NYT: 18 Revelations From a Trove of Trump Tax Records. Times reporters have obtained decades of tax information the president has hidden from public view. Here are some of the key findings.

Quote:
Among the key findings of The Times’s investigation:

Mr. Trump paid no federal income taxes in 11 of 18 years that The Times examined. In 2017, after he became president, his tax bill was only $750.

He has reduced his tax bill with questionable measures, including a $72.9 million tax refund that is the subject of an audit by the Internal Revenue Service.

Many of his signature businesses, including his golf courses, report losing large amounts of money — losses that have helped him to lower his taxes.

The financial pressure on him is increasing as hundreds of millions of dollars in loans he personally guaranteed are soon coming due.

Even while declaring losses, he has managed to enjoy a lavish lifestyle by taking tax deductions on what most people would consider personal expenses, including residences, aircraft and $70,000 in hairstyling for television.

Ivanka Trump, while working as an employee of the Trump Organization, appears to have received “consulting fees” that also helped reduce the family’s tax bill.

As president, he has received more money from foreign sources and U.S. interest groups than previously known. The records do not reveal any previously unreported connections to Russia.


Quote:
[Here are the section titles with content snipped]

Mr. Trump has paid no federal income taxes for much of the past two decades.

This tax avoidance sets him apart from most other affluent Americans.

His tax avoidance also sets him apart from past presidents.

A large refund has been crucial to his tax avoidance.
The $72.9 million refund has since become the subject of a long-running battle with the I.R.S.

Mr. Trump classifies much of the spending on his personal lifestyle as the cost of business.

All of this helps to reduce Mr. Trump’s tax bill further, because companies can write off business expenses.

Seven Springs, his estate in Westchester County, N.Y., typifies his aggressive definition of business expenses.

Across nearly all of his projects, Mr. Trump’s companies set aside about 20 percent of income for unexplained ‘consulting fees.’

His daughter appears to have received some of these consulting fees, despite having been a top Trump Organization executive.

Many of the highest-profile Trump businesses lose large amounts of money.

An exception: Trump Tower in New York, which reliably earns him more than $20 million in profits a year.

The most successful part of the Trump business has been his personal brand.

Other firms, especially in real estate, have paid for the right to use the Trump name. The brand made possible the “The Apprentice” — and the show then took the image to another level.

But his unprofitable companies still served a financial purpose: reducing his tax bill.

Large bills looming
With the cash from ‘The Apprentice,’ Mr. Trump went on his biggest buying spree since the 1980s.

His 2016 presidential campaign may have been partly an attempt to resuscitate his brand.

The presidency has helped his business.

But the presidency has not resolved his core financial problem: Many of his businesses continue to lose money.



Quote:
He will soon face several major bills that could put further pressure on his finances.

He is personally on the hook for some of these bills.
In the 1990s, Mr. Trump nearly ruined himself by personally guaranteeing hundreds of millions of dollars in loans, and he has since said that he regretted doing so. But he has taken the same step again, his tax records show. He appears to be responsible for loans totaling $421 million, most of which is coming due within four years.

Should he win re-election, his lenders could be placed in the unprecedented position of weighing whether to foreclose on a sitting president. Whether he wins or loses, he will probably need to find new ways to use his brand — and his popularity among tens of millions of Americans — to make money
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PostPosted: Sun Sep 27, 2020 5:11 pm    Post subject:

SweetP wrote:
Quote:
George Takei
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Fun fact: In 2016, Trump paid Stormy Daniels more than 173x what he paid the federal government in income taxes.


She deserved every cent.
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PostPosted: Sun Sep 27, 2020 5:22 pm    Post subject:

And when some AG or Manhattan District attorney uses the tax returns as a road map to obtain underlying documents from his businesses they will find Trump enmeshed in global money laundering scheme involving both the US Mob and the Russian Mob. If anyone is brave enough to go there.

All of his golf clubs are massive money losers. Why? Because they aren't intended to make money, they are intended to serve as cover for money laundering. Just like his casinos did.
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