lol. thats fine. she can write a book with stormy
Trump’s Tax Information Leaked
- Thread starter exGOPer
- Start date
lol. thats fine. she can write a book with stormy
Deutsche Bank is one. He scammed them over and over. They won't lend to him again.
Ask them to explain to you how it all works...
This is Donald Trump's career in a nutshell:
1. Buy a bunch of properties with a new LLC for every loan
2. Keep all the gains on the few winners
3. Since each asset is its own LLC they can't go after his other properties, banks forced to forgive loans and Trump is only forced to sell off that property, therefore the banks will take the bulk of the loss, not him
4. Get money by being an entertainer/licensing
5. Write off asset depreciation on all properties and spend lavishly to avoid paying federal taxes
6. Run out of lenders who are willing to put up with his scam so go to corrupt governments in exchange for political favors as POTUS
1. Buy a bunch of properties with a new LLC for every loan
2. Keep all the gains on the few winners
3. Since each asset is its own LLC they can't go after his other properties, banks forced to forgive loans and Trump is only forced to sell off that property, therefore the banks will take the bulk of the loss, not him
4. Get money by being an entertainer/licensing
5. Write off asset depreciation on all properties and spend lavishly to avoid paying federal taxes
6. Run out of lenders who are willing to put up with his scam so go to corrupt governments in exchange for political favors as POTUS
1-5 is how normal real estate investors do it.
this is different:
0. Inherit 500mm from father
1. Buy assets
2. Watch them devalue and declare bankruptcy
3. Become entertainer
4. Use proceeds to buy more assets
5. Watch them hemmorage money
6. Take advantage of tax code to the point of fraud
7. Borrow money from Russian banks. Have sons explain this on national tv
8. Run for president to promote entertainer part of persona in hopes that it leads to more cash.
I only have $750 ok ?
You don't understand how reading and comprehension work. Get yourself someone to read the article and explain it to you.
If there was anything wrong with President Donald Trump's tax returns, the IRS would have nailed him like 20-30 years ago. Billionaires are at the top of the audit food chain. That said, Warren Buffett has been assessed as owing $100 million per an IRS audit but, still fighting it but, no news there. We already know that billionaires have a lot of tax loopholes. Remember Hillary Clinton saying Donald Trump used tax loopholes in their 2016 debate? His response was that her billionaire buddies have more tax loopholes. Politicians write the tax loopholes and add it to the US tax code for those who still cannot figure it out. Even if Donald Trump paid zero due to business losses, it did not reflect wrongdoing or not being a successful businessman. All it shows is he used tax laws already written on the books by the politicians.
If he fits the demographic, it’s likely he barely graduated high school.