916 Million Reasons Trump Won't Release His Taxes

[david890]

Gave it to you earlier, help desk jobs that don't require leaving the home! You are already on the computer all the time anyway, make some money at it, and do your "fair" share. Nothing says you have to deck out your resume to the nines with all the piled higher and deepers, but for you to preach about taking others' wealth to redistribute, without doing your part...

"All the time"? Really? You track my hours?

I'm sure they ask about those missing years in my employment history. Also, I think a company would view the deliberate omission of information to be deceptive...

 

[bwframe]

Liberals can certainly own guns. Going out of their way to spew their anti-gun liberal rhetoric to those of us who fight the fight for them to keep that right is a different matter.

 

[HoughMade]

....Being liberal and a gun owner are not mutually exclusive...

Of course not...though the selective recognition of freedom is entertaining to see.

 

[Ericpwp]

Medical Transcription.

Entering keywords for internet searches.

Jobs, Employment in Work at Home | Indeed.com

 

[eldirector]

So, what kind of job could I do with such restrictions? If I told a prospective employer about such problems, do you think I'd get hired? Would they go with me or the healthy, 20-something with a HS degree (or just out of college)?

I'll agree there are tons of home-based jobs that may be a possibility. My employer hires folks for consulting, IT HD, higher-ed advising, etc... My wife has looked at medical coding and medical transcription work from home. Several companies outsource test grading. Several publishers outsource editing and proofing.

I won't pretend to know your situation, so can't offer specific advice. I do know there are likely opportunities.

 

[Timjoebillybob]

New York Times: "They also suggest Mr. Trump took full advantage of generous tax loopholes specifically available to commercial real estate developers to claim a $15.8 million loss in 1995 on his real estate holdings and partnerships."

Washington Post: "Say a developer like Trump wanted to buy a $1 billion building and reached a deal with a bank to put up $300,000, while the bank financed the rest. If the investment failed and the property was sold at a loss, the bank would absorb the majority of that loss.


Yes, any business can claim a Net Operating Loss. However, how many individuals have claimed $900M in NOL? We're looking at Trump's PERSONAL federal taxes for 1995.


Because you have provided no evidence that he paid that much tax. And neither has Trump.

You may want to reread your cited articles. Your first sentence states 15.8M, not the 900+M, and that number comes from the leaked returns which don't state what it was from. There are various things it could have came from, rental real estate being one, s corps, partnerships, and trusts being some of the others. None of those that I see are only available to "commercial real estate developers", unless you consider everyone that owns rental property "commercial real estate developers".

Here are a couple of other quotes from your cites, "In a few short years, he had amassed $3.4 billion in debt — personally guaranteeing $832 million of it" Slightly different ratio than the "example" they gave and you quoted of 1B to 300K. Well if you consider a couple of orders of magnitude slight.

And "The Trump Taj Mahal casino reported a $25.5 million net loss during its first six months of 1990; the Trump’s Castle casino lost $43.5 million for the year. His airline, Trump Shuttle, lost $34.5 million during just the first six months of that year." Over 100M in losses from just 3 of his businesses in a year or less.

And a good chance that the 900+M was lost over a period of several years prior, "The enormous loss Trump reported 21 years ago appeared to come from debts he carried over from the early ’90s", I think something happened around that time frame which put a hurt on a large number of businesses, but I can't quite put my finger on it. Perhaps you remember something from around then?

Thank you for admitting I'm right. And yes it was on his personal income tax return, that does not mean they were not business losses. Since sole proprietor, partnerships, s-corps and a few other businesses can be put on a personal tax return.

And yes, yes I did. You even quoted part of my comment that included the cite. Here it is again.

https://www.scribd.com/doc/301761265/Report-on-Donald-Trump-to-Casino-Control-Commission

Timjoebillybob (post #203) claimed it didn't apply specifically to real estate developers, and I proved otherwise.

It's not the loophole; it's the SIZE OF THE LOSS. When has Hillary lost $900M in her personal holdings? Remeber, we're discussing Trump's PERSONAL taxes for 1995.

No, no you did not.

Trump was one of the largest individual investors at the time, wouldn't you expect him to possibly have the largest losses? When did Hillary ever have that kind of money invested in her personal businesses? Or have ones anywhere near the size of Trump's? And again his personal taxes, include his businesses.

In her capacity as Senator from New York, she was working on behalf of ALL her constituents to obtain funding for relief. Just as EVERY Rep, Senator, Governor, etc. does after a disaster.

And, as has been pointed out, it appears Trump paid no personal taxes during that time.

Hillary released her taxes, so charitable donations - above and beyond what she was required to pay - should be easy to check.

So taking money from others by force of law, to give to others is a good thing?

No, it appears that Trump may have been able to not pay income taxes for a period of years. Slightly different.

Yep, like her 1M donation to her own charity, which iirc was the vast majority of her charitable donations that year. And by vast I mean almost exclusively, iirc there were a couple of grand to other charities.

I didn't file. My SSDI isn't taxable, and it's my only income.

So you used that loophole to avoid paying your fair share? How about the last year you did file? Did you take all the legal deductions you could find? Or did you purposely leave some off so you would pay more?

The $916M loss was on his PERSONAL wealth; there's no indication (since he won't release his taxes) that any of his businesses suffered.

Your own cites state differently, as quoted above. And yes it was his personal wealth, his businesses are part of his personal wealth. And the type of businesses are able to be put on a personal tax return.

 

[Fizzerpilot]

As far as I can tell... According to liberal logic... Anyone taking a deduction, is a tax cheat. That would include those poor folks getting the "earned income tax credit"... Deductions for dependents. Mortgage interest deduction. Hell... Why not include a 401k, or ROTH IRA... All of which help individuals escape taxes.

You see, when you don't actually PAY TAXES, you forget that you too take advantage of the laws.

 

[Vigilant]

"All the time"? Really? You track my hours?

I'm sure they ask about those missing years in my employment history. Also, I think a company would view the deliberate omission of information to be deceptive...

OK, deflect. All the time, as in the expression. Again, there are jobs even for the "disabled" should they choose. I'll leave it at that, if you quit beating the "fair share" drum without contributing your fair share?

 

[jamil]

When I made under $20,000/year (in the '90s) I voted for conservatives who stated that they would freeze or cut spending on programs my family qualified for because I believed it was better for the country and society.

...so I guess I never have because, ultimately, depending on the government was not in my self interest.

Voting against government programs isn't necessarily voting against your own self interest. I freely admit that I am self-interested in the things I value. Everyone is self-interested. I value individual liberty, and since "more government" tends to restrict individual liberties, that would be a value lost to me. So even though I may gain something of value by voting myself funds from other people's pockets, in doing so I lose other things I value more.

It's all good until the liberal views are so well accepted that those among us feel that they are no longer a threat to our Second Amendment rights.

Why would I accept liberal views just because I allow them to be accessible? If you are afraid that hearing liberal ideas will change you into a liberal, you have to wonder--YOU NEED TO WONDER--why that is. Why do you lack confidence in your convictions? Upon what then are your convictions founded?

In the realm of ideas, facing intelligent opposition is better than facing weak or no opposition. Fierce competition in nature creates an environment for survival of the fittest. It's the same with ideas. Weaker arguments fail against stronger arguments such that the strongest arguments prevail. Intelligent criticism shows us where our arguments are weak and what needs fixed and what needs strengthened.

I think the more my ideas are challenged the better defined my position and my arguments become. In years of participating in discussions with liberals who are against the idea of armed citizens, my convictions, and my confidence in them have only grown stronger.

Perhaps the Politics sub should be deleted.

BTW, liberals can own guns. Being liberal and a gun owner are not mutually exclusive...

I would hate to see the political sub-forum removed. I would love for the participants to be able to engage in controversial topics without contempt for the other side. I've talked before about my very liberal brother-in-law. We widely disagree on politics, and each visit includes hours of political discussion to our wives' dismay. And the discussion is always lively but civil and completely without contempt. I respect him and he respects me. That is the problem I see in a lot of our political discussions. Contempt for other people's ideas on both sides, often to the point where I sometimes fear that INGO will eliminate the political sub-forum, which I think would turn INGO into a sort of echo chamber.

"All the time"? Really? You track my hours?

I'm sure they ask about those missing years in my employment history. Also, I think a company would view the deliberate omission of information to be deceptive...

Consider the possibility that he may be using common speech. People say "all the time" all the time.

 

[hoosierdoc]

Come on, DOC. Give us your professional opinion.

Well, you weren't addressing me so here you go.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4464797/

You'd be shocked how many asymptomatic people have abnormal MRIs, similar or worse to yours. an MRI finding doesn't do a whole lot for you as far as proving you have pain.

I see you had a fusion, I always wonder why surgery if the result is a lifetime of pain meds. You have seen that you are still functioning despite lack of opioids. I assume you were seeing Tristan Stonger for pain meds, someone I felt should have been shut down long ago. Did you feel dirty walking into his office? I'm assuming the clientele were the type who would abuse narcotics.

David, INGO is a very accepting place. You have come here and railed against individual liberty and private property rights, you demand that things be taken from others simply because they have them. The reason people are coming down on you is because you have such animosity towards the successful as you draw income from them. It's a complete double standard. I have patients who are paraplegic with jobs. One of them has two jobs.

I can't imagine social security disability income is adequate in any sense. It will simply let you eat until social security sets in and then your sustenance living continues. We want the best for everyone, and SSI is not the best in any shape or form.

If you could find a way to get gainful employment you would feel so much better and your life would likely be significantly better. Having a headset and a laptop can facilitate all of your walking/sitting/standing/laying needs that you would have to do. There are mechanical turk style things out there.

I tell all of my "disabled" patients that don't appear outwardly disabled, that disability doesn't have to be a lifestyle choice. If you want to push through it there are paths out there. Our society has made disability one path through life that will keep you fed and housed, but it sure it a miserable path.

For what it's worth, my crossfit coach had multi-level lumbar fusion and is a beast in the gym. He's 48. I carry own-occupation disability insurance on myself that will cover my income until I qualify for medicare/social security. It's not all that expensive for the income protection that I get. I recommend everyone look into it. Also, pay the premium with post-tax dollars so that your payments from the company will not be taxable (consult an accountant)

Quick quote show you can get $5000/mo in benefit for $59/mo if 40yo non-smoker. Not much to protect yourself/family against the inability to work.

 

[jamil]

Stellar post Doc. Deserves rep, but alas...

 

[1775usmarine]

Stellar post Doc. Deserves rep, but alas...

got him

 

[1911ly]

Great post Doc.

David, if you insist on expressing this point of view on this forum you will need a really thick skin. We like the diversity of this group. But Liberals do take a lot of heat around here. This forum draws a rather large conservative crowd. It's a fun forum. If you are going to take this place too seriously you will just not last long. Pick your battles wisely. Maybe the political section is a area you should avoid for stress reasons?

I was married to a liberal democrat. She was the love of my life. But at times there were things we were best to avoid talking about.

 

[jamil]

got him

Whatever you did isn't actually rep. But the thought counts.

Great post Doc.

David, if you insist on expressing this point of view on this forum you will need a really thick skin. We like the diversity of this group. But Liberals do take a lot of heat around here. This forum draws a rather large conservative crowd. It's a fun forum. If you are going to take this place too seriously you will just not last long. Pick your battles wisely. Maybe the political section is a area you should avoid for stress reasons?

I was married to a liberal democrat. She was the love of my life. But at times there were things we were best to avoid talking about.

One should expect that posting in a forum with a predominant world view. I used to post often in the comment sections of HuffPo. I was met with more vitriol than I see david getting here. It's not even close. But then INGO is much better moderated than HuffPo.

 

[phylodog]

BTW, liberals can own guns. Being liberal and a gun owner are not mutually exclusive...

Liberals owning guns is about the only gun ownership which bothers conservatives because it cuts out the middle men typically involved in robbing people.

Here's the thing about your status David. If you're legitimately disabled as you say I feel for you and I'm glad that SSDI is there for you if you paid into it as a productive citizen. That does not however change the fact that you are not currently providing for yourself. Recognition of that fact and a little appreciation seems appropriate rather than sitting back and yelling about someone else not paying enough in taxes to satisfy someone who pays nothing and not getting what you feel are appropriate cost of living raises.

I also have to wonder how someone holding a Ph.D. yet relying on SSDI to survive can criticize the financial prowess of someone else. I was under the impression that Ph.D.'s were smart and made a lot of money and the combination of the two most certainly should prevent one from relying on others for income.

 

[KG1]

I would like to report this thread. Also I wish to remain anonymous. Thank you.

 

[1911ly]

I would like to report this thread. Also I wish to remain anonymous. Thank you.

Your secret is safe with me! NP

 

[OutdoorDad]

Hey. I know this is way off topic...

Anyone know why Trump hasn't released his tax returns?

 

[ArcadiaGP]

Hey. I know this is way off topic...

Anyone know why Trump hasn't released his tax returns?

Because he's not as rich as he makes himself out to be... and while he's probably done nothing illegal with regards to how much tax he pays, it would reflect poorly in the minds of the average voter that sees that he possibly pays less tax than they do.

I guess we can close the thread now

 

[churchmouse]

Because he's not as rich as he makes himself out to be... and while he's probably done nothing illegal with regards to how much tax he pays, it would reflect poorly in the minds of the average voter that sees that he possibly pays less tax than they do.

I guess we can close the thread now

OK...........