Yeah, it'll be funny if the tax business torpedoes him, given that his lack of payment appears to be in accordance with the law. It's a dumb law, and it needs changing, but he (maybe) didn't do anything illegal (this time).

I wonder if there will be an uptick in tax evasion as a result of this campaign. Trump supporters deciding to emulate their man.

10/2/2016 9:49:19 AM

This has nothing to do with taxes. What's going to hurt him is the fact that he managed to lose a BILLION dollars on CASINOS during an unprecedented bull market in the early 90s. His entire claim to the Presidency is based on being a good businessman, but it turns out the entirety of his wealth was built on conning people and gaming the tax code. He's a total fraud.

[Edited on October 2, 2016 at 9:53 AM. Reason : bull]

10/2/2016 9:51:15 AM

Sure, that's gonna be a big part. But to a lot of Americans who do pay income taxes, the idea of a supposedly super-wealthy dude not having to is going to rankle. And then there's the synthesis of the two issues, where his usual excuse for not paying much taxes - he's such a clever businessman - is now undermined by the reason he is not paying taxes.

10/2/2016 10:09:04 AM

are they able to think that hard though?

10/2/2016 10:20:32 AM

He didn't actually lose a billion dollars. That's just what he was able to write off. I'm sure he personally was able to screw over whoever he could to keep money in his accounts.

10/2/2016 11:33:17 AM

Yeah for examples, you can write off maintenance costs on income properties you maintenance yourselves. By the time you add in costs for labor, miles driven, and max them all out to things you didn't actually do, it ends up costing thousands of dollars for something you did on your own time for free. Most construction work is paid off the books so this is something relatively impossible to track. Now, imagine you are trump and have hundreds of properties and dozens of accountants and professionals to polish it all up for you. The result is that the IRS audits but they investigate perpetually because they know the tax fraud is there but there is literally no way they can ever identify its source.

I bet his taxes show him losing money almost every year. His networth is based on asset value not income and you don't get taxed on appreciation until you sell

[Edited on October 2, 2016 at 12:32 PM. Reason : k]

10/2/2016 12:31:05 PM

Trump is a welfare queen letting middle class tax payers shoulder his burden.

10/2/2016 3:15:32 PM

He's the torchbearer for Romney's 47 percent.

10/2/2016 7:11:58 PM

Quote :

"His networth is based on asset value not income and you don't get taxed on appreciation until you sell "

you don't get taxed on appreciation if you use 1031 exchanges to roll the sale of the property directly into other property.

Clinton took a similar deduction on her 2015 taxes to the tune of $700,000. She also claimed a $1,000,000 deduction for donations to the charity that she runs. It's not tax evasion if it's following the letter of the law, regardless of how it may appear on the outside.

10/2/2016 7:16:38 PM

It would be interesting to see how many times Clinton was named in the defense of Trump in this thread and vice versa in the Clinton thread.

[Edited on October 2, 2016 at 9:33 PM. Reason : .]

10/2/2016 9:29:09 PM

^^she also paid $3.6 million in federal taxes and had an effective tax rate of 43.2%

[Edited on October 3, 2016 at 3:01 PM. Reason : .]

10/3/2016 3:01:31 PM

If anything, Trump not paying taxes is a +1 in my book. Now if we can just get everyone else not paying taxes.

Disclaimer: I am still not voting for Trump and I wouldn't piss in his ear if his brain was on fire.

10/3/2016 3:12:51 PM

of course it is.

10/3/2016 3:16:00 PM

Assuming that he loses, it is a very good thing that he is being open about not paying taxes.

10/3/2016 3:38:32 PM

trump is so bad and has done so many terrible things that this tax thing is probably his strongest point right now. He's such a weak candidate that his strength is still easy to attack.

As a civilian, Trump's goal is to accumulate wealth for himself and he's done that.

As president, his goal would shift to creating prosperity for the country. Avoiding paying taxes translates into smart accounting (he didn't get that point across in the debate) and managing money. Our country overspends and has amassed great debt because our politicians don't know the tricks of deal making. This is essentially the only appeal of trump.

I would drop this tax thing if I were Hillary. Attack him on anything else because only an idiot would voluntary pay more taxes than they owe. Only an idiot would not try to deduct as much as possible.

[Edited on October 3, 2016 at 3:43 PM. Reason : k]

10/3/2016 3:42:44 PM

^ tax thing is strong because Trump's tax proposals would exacerbate the problem he represents: socialized losses, privatized gains.

Income and wealth gains have heavily benefitted the upper classes through the recession, because of decades of trickle-down policies that resulted in the tax loopholes Trump used, and he will only make this problem worse.

10/3/2016 3:45:57 PM

http://theconcourse.deadspin.com/a-complete-ish-history-of-donald-trumps-obsession-with-1787304637

10/3/2016 3:58:21 PM

^

Quote :

"Christ guys, are you trying to hand West Virginia and Arkansas to Trump!?"

10/3/2016 4:12:45 PM

Quote :

"I would drop this tax thing if I were Hillary. Attack him on anything else because only an idiot would voluntary pay more taxes than they owe. Only an idiot would not try to deduct as much as possible."

the tax thing is great for her. not the "he doesn't pay any taxes" thing, but the "he doesn't pay any taxes BECAUSE HE LOST NEARLY A BILLION DOLLARS IN ONE YEAR" one.

his whole shtick is that he wins and he's going to make america win. but his tax returns prove his is not just a loser, but a colossal one. his losses accounted for 2% of the TOTAL Net Operating Losses claimed in the United States in a single year ($49.3B). one person out of 300 million accounted for 1 in every 50 dollars of NOL in a single year. https://t.co/RVnGLJJxEC.

that kind of shit resonates with people who look to him because he's so good at business it will blow your mind

[Edited on October 3, 2016 at 4:24 PM. Reason : .]

10/3/2016 4:22:29 PM

you actually believe he literally lost that much money in one year?

10/3/2016 4:28:20 PM

^No, but if he claims that he didn't actually lose that money, isn't it fraud then? So his choice: Are you a loser or a fraud?

10/3/2016 4:31:04 PM

I've never seen such a bigger non-issue get inflated by the leftist media.

If Trump was smart and payed as little tax as legally possible"OMG LOOPHOLES"

If he made money "OMG EVIL 1%"

If he loss money ""OMG WHAT A LOSER BILLIONARE"

Meanwhile Clinton is taking cash for favors as a public servant... *crickets*

10/3/2016 4:41:02 PM

hey cool - what's the details of the Clinton story you know about that nobody reported on?

[Edited on October 3, 2016 at 4:44 PM. Reason : JCE so triggered]

10/3/2016 4:43:58 PM

The tax code allows you to write off arbitrary things as losses that didn't actually cost you money. Things like "loss of use" and depreciation are passive losses. They have writeoff value that can be much less than their actual value if you are smart and plan it in advance. The wealthier you are, and the larger your business, the more people you can hire to spend all of their time planning this and working the things that can be deducted into your basic operating costs. At that point, part of what would have been typical expenditures are now also "losses".



Its just as much fraud as people who do couponing or credit card reward dumps.

^waiting for someone to just magically mail hillarys speech transcripts to the nyt

[Edited on October 3, 2016 at 4:45 PM. Reason : lol]

10/3/2016 4:44:24 PM

no, but good try

10/3/2016 4:45:34 PM

Quote :

"hey cool - what's the details of the Clinton story you know about that nobody reported on?"

That's the thing. Everybody seems to know she did it, nobody seems to care. Not sure what it would take for you hacks to thing action should be taken. #ImWithHer

10/3/2016 5:03:28 PM

cool. so, about that story nobody reported on....what's it about?

[Edited on October 4, 2016 at 10:41 AM. Reason : .]

10/4/2016 10:41:30 AM

Pay to play donations to nominations, DNC in bed with Clinton and media, Clinton staff getting immunity with no result, witnesses sitting in on questioning, destroying evidence post subpoena, caught asking how to cover up a cover up on Reddit, there's so much blatant shit that it's hard to list. The point is all of it is much more relevant than Trump calling a fat bimbo an insult 20 years ago, but brainwashed hacks can't see that.

10/4/2016 3:01:12 PM

if you all weren't such blatant SJWs you'd realize that you're just falling for narratives... WAKE UP

10/4/2016 3:14:12 PM

^^oh cool - so there's another story about clinton and the DNC that isn't the widely covered wikileaks stuff? and there's more about the donations to the foundation than the widely covered stuff that started with the AP's clickbait tweet? staff getting immunity for testimony outside of the widely covered testimonies about the email server?

[Edited on October 4, 2016 at 3:33 PM. Reason : .]

10/4/2016 3:32:26 PM

Widely covered? In what objective journalism fantasy land do you live?

10/4/2016 6:00:12 PM

I love how the DNC hacks try to spin their troubling exposures of corruption as them being victimized by those evil Russian h4x0rs.

10/4/2016 6:03:17 PM

if you think none of that stuff wasn't covered ad nauseam, you're just being willfully ignorant.

oh wait, it all makes sense now

10/4/2016 10:27:19 PM

My grandma knows about that shit and she only has local news.

10/4/2016 10:34:26 PM

Quote :

"if you think none of that stuff wasn't covered ad nauseam, you're just being willfully ignorant. oh wait, it all makes sense now "

I'm not talking about the media referencing "clinton's emails", I'm talking about the specific damning things that have been exposed that they are happy to sweep under the rug while they continue the Trump smear campaign. Most recently and specifically:

paul combetta caught on reddit trying to erase evidence post subpoena
guiccifer 2.0 showing the pay to play corruption, donations to nominations

This shit is actual news, this is what journalists are supposed to do and expose. But I guess everyone cares more about Trump's racial slur allegedly used in a 1990s beauty pageant. Fucking hacks.

10/5/2016 1:53:17 AM

You got me. My grandma has no idea what a reddit is.

But she did read about that in the news two weeks ago.

[Edited on October 5, 2016 at 7:15 AM. Reason : In/on]

10/5/2016 7:15:25 AM

infowars told him nobody else is reporting it, so nobody else is reporting it

y u triggered tho?

10/5/2016 9:13:32 AM

The question is, why would you be more triggered by Trump calling someone fat than you are with government corruption, hack.

10/5/2016 12:45:06 PM

lol, he calls people "hacks"

10/5/2016 1:02:31 PM

The question is, why would you, an SJW, be more triggered by Trump calling someone fat than you are with government corruption, hack.

also virtue signal

10/5/2016 1:52:26 PM

We've moved on from trump being corrupt and started going through his character flaws.

10/5/2016 2:07:35 PM

Did you guys hear Trump allegedly called a Hispanic hot dog vendor a beaner in 1985? Holy shit! This is huge!

10/5/2016 4:21:23 PM

A SJW says what?

10/5/2016 4:22:03 PM

lol, dude trying to deflect criticism of trump with strawmen

10/5/2016 4:40:46 PM

Can JCE comment on trumps record of refusing to pay vendors in full and routinely screwing over hard working Americans? Is this a conservative value?

It's easy to joke about the funny parts of trumps shittiness. Not so much about his actual shit.

10/5/2016 4:42:27 PM

what makes you think his answer will be any different than, "If you SJWs would stop with the narrative you'd see that a businessman saving money legally isn't nearly as bad as what Hillary has done"?

10/5/2016 4:46:29 PM

Bc of MURDER AND BLOWJOBS

10/5/2016 4:47:25 PM

Quote :

"Trump smear campaign"

\

LOLOLOLOL

10/5/2016 7:37:13 PM

Quote :

"Can JCE comment on trumps record of refusing to pay vendors in full and routinely screwing over hard working Americans? Is this a conservative value?"

"Routinely"? Get off the HuffingtonPost bro.

Thats what contracts and "the law" is for. If Trump didn't have to pay them I would say they must have fucked up.

I despise Trump and what he has done to the GOP in what would otherwise have been the easiest election ever. But holy shit, this echo chamber is so ridiculous.

10/5/2016 11:20:12 PM

https://www.google.com/amp/www.foxnews.com/politics/2016/06/10/dozens-lawsuits-accuse-trump-not-paying-his-bills-reports-claim.amp.html?client=safari

Quote :

"The paper also reported that more than 200 liens have been filed against Trump or his businesses by contractors and employees dating back to the 1980s. The claimants include curtain makers, chandelier shops, cabinet makers and even Trump's lawyers who represented him in prior cases."

Huffpost echochamber. Got it.

10/6/2016 6:53:11 AM