Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance

[jacksonsprat22]

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.

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.

https://www.nytimes.com/interactive/...ump-taxes.html

[Jack]

I don't think 'Tax*Avoidance' is a crime.

"Why Amazon paid no 2018 US federal income tax"
https://www.cnbc.com/2019/04/03/why-...ncome-tax.html

[jacksonsprat22]

I don't think 'Tax*Avoidance' is a crime.

"Why Amazon paid no 2018 US federal income tax"
https://www.cnbc.com/2019/04/03/why-...ncome-tax.html

and?

[Jack]

and?

Rich People hire Tax Lawyers to ... AVOID taxes.

[jacksonsprat22]

In 2018, for example, Mr. Trump announced in his disclosure that he had made at least $434.9 million. The tax records deliver a very different portrait of his bottom line: $47.4 million in losses.

[jacksonsprat22]

Rich People hire Tax Lawyers to ... AVOID taxes.

Trump isn't rich.

[Sailor]

Rich People hire Tax Lawyers to ... AVOID taxes.

Not just rich people. Tax avoidance is not tax evasion. Good call. It is every citizens duty to avoid as many taxes as possible.

[Jack]

Not just rich people. Tax avoidance is not tax evasion. Good call. It is every citizens duty to avoid as many taxes as possible.

Yes. If only the Worker Drones could participate in writing the Tax Code instead of Lobbyists of the Elite. Yes. Writing the Tax Code, with all the 'fine print', is a bonanza. Well, a bonanza for the Elite.

[jacksonsprat22]

"Mr. Trump’s elaborate dance and defiance have only stoked suspicion about what secrets might lie hidden in his taxes. Is there a financial clue to his deference to Russia and its president, Vladimir V. Putin? Did he write off as a business expense the hush-money payment to the pornographic film star Stormy Daniels in the days before the 2016 election? Did a covert source of money feed his frenzy of acquisition that began in the mid-2000s?"

[Trumpet]

Not just rich people. Tax avoidance is not tax evasion. Good call. It is every citizens duty to avoid as many taxes as possible.

Popeye, it would be great if we could avoid your nonsense posting.

[Trumpet]

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.

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.

https://www.nytimes.com/interactive/...ump-taxes.html

Bankruptcy is Trump's forte.

[jacksonsprat22]

Bankruptcy is Trump's forte.

Russian money is propping him up. Through Deutsche Bank.

[Sailor]

Yes. If only the Worker Drones could participate in writing the Tax Code instead of Lobbyists of the Elite. Yes. Writing the Tax Code, with all the 'fine print', is a bonanza. Well, a bonanza for the Elite.

That would be nice.

[T. A. Gardner]

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.

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.

https://www.nytimes.com/interactive/...ump-taxes.html

[Trumpet]

That would be nice.

Popeye, it would be great if you would shove-off, and not come back.