Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses

Discussion in 'Budget & Taxes' started by AtsamattaU, May 7, 2019.

  1. AFM

    AFM Well-Known Member Past Donor

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    What is your point ???
     
  2. fmw

    fmw Well-Known Member

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    He is the most effective president in my lifetime. So you are correct. He will be very much above average.
     
  3. fmw

    fmw Well-Known Member

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    For what purpose? Just making a mysterious post?
     
  4. AFM

    AFM Well-Known Member Past Donor

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    Over your head. But that’s what I expected.
     
  5. rahl

    rahl Well-Known Member

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    No, it’s just really really sad.
     
  6. fmw

    fmw Well-Known Member

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    Ah, mysterious post.
     
  7. TomFitz

    TomFitz Well-Known Member Donor

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    You claimed that he turned everything around and is now successful.

    How do you know that?

    After all, when he was boasting about how successful he was when he was losing a billion a year.

    I remember when he told Boating magazine that he had sold his yacht because he had to choose between golf and boating,

    In reality, the banks made him sell it.
     
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  8. AFM

    AFM Well-Known Member Past Donor

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    He wrote a book about it.
     
  9. TomFitz

    TomFitz Well-Known Member Donor

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    Repeating yourself does not make Trump’s lies come true,

    And contrary to your repeated false claim, you have no idea whether Trump is doing well financially or not.

    He has given wildly divergent boasts about his net worth, and never voluntarily produced a shred of evidence to back any of his made up boast.

    But you bought the sizzle, and you’re cheering for the guy with the fake steak,
     
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  10. AFM

    AFM Well-Known Member Past Donor

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    Can't argue with those who ignore facts. ^^^
     
  11. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Claimed losses have nothing to do with actual profit since they are tax write-offs. In fact they can allow a profit by claiming losses.
     
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  12. AFM

    AFM Well-Known Member Past Donor

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    Exactly. Buffet has tens of millions of losses every year balanced by profits. His profits exceed his losses and he is successful.
     
  13. TomFitz

    TomFitz Well-Known Member Donor

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    Effective at what, exactly?’

    Trump inherited a robust economy growing steadily, Contrary to the myths promoted by the noise machine, that growth has continued to be consistent with the progress of the prior eight years.

    The only real credit you can give Trump for the economy is that he hasn’t managed to screw it up.

    Effective at what?

    Alienating and disrespecting our allies?

    Installing industry lobbyists and cronies in the government?

    Trying to usurp power?

    Emboldening our enemies?

    Getting North Korea to stop testing and give up its nuclear program?

    Abandoning our role as a world leader and reducing the Bully Pulpit to the BS pulpit.

    Just last week the Trump administration abruptly cancelled a meeting between the Secretary of State and Angela Merkel, our strongest ally in what remains of the Western Alliance. Instead, the SofS was redirected to the Ukraine for the openly declared purpose of trying to enlist that government in Trump’s campaign to go after his former political rivals. When the Ukrainians said don’t bother, Pompeo tucked his tail in and came back to DC.

    Now when it comes to talking smack to the Fox Noise audience, race baiting at his rallies, and feeding BS to his fawning useful idiots, he IS good at that.
     
    Last edited: May 13, 2019
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  14. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Bwahahahaha! Accusing the 'new normal' President of creating the economy the last two years is hilarious. Trump has undone much of Obama's job killing regulations and freed up capital for business but hey, the 'new normal' President's best work on the economy was leaving office.
     
  15. TomFitz

    TomFitz Well-Known Member Donor

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    Facts? What facts?

    All you have is Trump claiming he saved his own ass in a book called “The Art of the Comeback”.

    But Trump continued to lose money at an astounding rate.

    He wrote that book while trying to extract himself from the mess he created when he bungled his way into the casino business, At that point, the only thing keeping him alive were the money laundering that was taking place in his casinos, and the fact that his daddy guaranteed Trump’s paper (the banks knew better than to trust Donald).

    After that, he went on to the Trump Hotel and Casino in Chicago, and defaulted on those loans.

    And he was finally forced to sell off the remainder of his father’s real estate holding (and especially Fred’s crown jewel, his piece of Hudson Yards),

    Few believe that his golf course resorts are making money.

    If you want facts, they are all there in Trump’s financial records, which are plainly his Achilles heel, given the extraordinary steps he is taking to continue to hide them.
     
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  16. AFM

    AFM Well-Known Member Past Donor

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    That's absurd. Warren Buffet loses money at a much greater rate than anyone in the US.
     
  17. TomFitz

    TomFitz Well-Known Member Donor

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    This is right wing talk radio pablum.

    The growth curve of the US economy over the last two years, is almost exactly the same as the curves of the last nine years.

    You’ve had that pointed out to you, and documented thoroughly over and over again.

    Instead you seem to just mindlessly repeat whatever your fuhrer makes up.

    Let’s see how much you know about your claims.

    What “job killing” regulations might those be, and what jobs have been created.

    Tell us all about how he “freed up capital” and then tell us where the money went (stock buy backs to inflate stock prices and thus inflate the bonuses of the banker, bond traders and CEO’s).
     
  18. TomFitz

    TomFitz Well-Known Member Donor

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    And Warren Buffet could buy and sell Trump ten times over with the change in his sofa, too.
     
  19. AFM

    AFM Well-Known Member Past Donor

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    The point went right over your head.
     
  20. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Speaking of mindless.
     
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  21. AFM

    AFM Well-Known Member Past Donor

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    There's a lot of that going around. On the CNN/MSNBC circuit it's almost as if the Journolist has returned. The same phrases and talking points are used repeatedly by the talking heads on those types of outlets. "Constitutional Crisis' is one of the latest.
     
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  22. AtsamattaU

    AtsamattaU Well-Known Member

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    Same reason Bernie Madoff and Kim Kardashian are thousands of times richer than you: it’s a combination of corruption and the stupidity of Americans. If my daddy had given me a few million bucks to start a real estate business in my early 20s, I’d be doing way better than Trashy Trump.
     
    Last edited: May 27, 2019
  23. AtsamattaU

    AtsamattaU Well-Known Member

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    Look at you, eating that propaganda like it’s candy! Sucker.
     
  24. AFM

    AFM Well-Known Member Past Donor

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    That’s funny. And ironic.
     

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