Conservative Political Forum

General Category => All Headlines => Political Discussion and Debate => MSM Distraction News => Topic started by: supsalemgr on May 08, 2019, 04:34:19 AM

Title: Trump's Taxes
Post by: supsalemgr on May 08, 2019, 04:34:19 AM
https://www.cnbc.com/2019/05/08/trump-tax-returns-from-1985-1994-reportedly-show-1-billion-in-losses.html

So the NYT prints this a hopefully a negative story about Trump and his taxes. As is normally the case with liberals there are unintended consequences. Here are some reasons why:

1 - So the Trump company lost money 20-30 years ago. As a professional person I see the fact the company has thrived indicates some pretty astute management.

2 - Trump has the best accountants. He deals in capital improvements and with same there is much opportunity to use depreciation as a tool for reducing tax bills.

3 - No mention of or accusation of fraud or anything illegal.

Actually for someone who understands reality this is a positive report about Trump and his business practices.
Title: Re: Trump's Taxes
Post by: Solar on May 08, 2019, 06:47:52 AM
The funny part is, all they had to do was read his book, he actually states he lost money during those years. :biggrin:
Title: Re: Trump's Taxes
Post by: supsalemgr on May 08, 2019, 07:38:14 AM
Quote from: Solar on May 08, 2019, 06:47:52 AM
The funny part is, all they had to do was read his book, he actually states he lost money during those years. :biggrin:

Can we say another act of desperation?
Title: Re: Trump's Taxes
Post by: Solar on May 08, 2019, 07:50:15 AM
Quote from: supsalemgr on May 08, 2019, 07:38:14 AM
Can we say another act of desperation?
No doubt! Maddocow had hopes that this would resurrect her from the dead. Nope, didn't happen. :lol: