ITS FUCKING HAPPENING: Donald Trump avoided paying taxes for two DECADES

dailymail.co.uk/news/article-3817902/Donald-Trump-avoided-paying-taxes-two-decades-declared-loss-1-BILLION-1995.html

ITS FUCKING OVER!!!!!!!!

Other urls found in this thread:

archive.is/p3Xle)
news.google.ca/news/rtc?ncl=d7ueNehXE16KheMt_F3wEU0W4neDM&authuser=0&ned=us&topic=h&siidp=b99db1419eafd8ea180d2eac59f1ea039f2f
cbsnews.com/news/donald-trump-weighs-post-election-options-if-he-loses/
youtube.com/watch?v=tGIr4Mq_4C8
nationalreview.com/article/437883/hillarys-america-secret-history-democratic-party-dinesh-dsouza-clinton-foundation
twitter.com/realdonaldtrump/status/190866856624668672
thebalance.com/tax-loss-carryback-and-carry-forward-explained-398178
twitter.com/NSFWRedditImage

k

>1995

>it's cause i'm that good at business

If I had the ability to not pay taxes, I wouldn't. I think any American would agree that taxes are not a moral obligation.

It's not over. Everyone in business uses tax code loopholes. Blame the idiots that write the tax codes.

smart

TEACH ME, TRUMP-O-SAN

That makes him smart

This is what he will say.

OY

Que paso

You expect him to not use every option within the tax code?

Wow that's damning, good find OP

I think the bigger story is he lost a billion fucking dollars in a single year and yet wants us to trust him with the economy.

Fuck him.

it's not a "loophole", Trump is literally taking advantage of the deductions the law lets him claim

he didn't break any laws, he is paying exactly what the law requires of him: nothing

That's what happens when you have a 915 million dollar loss in one year: you are able to make that income back tax free

a fucking leaf. lol. TRUMP WILL WIN.

literally nobody cares CTR

Wow it's a fucking leaf, OP is a faggot

This.

Trump didn't write the law, don't be pissed his people are good.

But was it illegal?

Look how honest and unbiased Daily Mail is!

checked

What's over? The use of his NOL carry forward? That one probably ended many years ago. Since Donald is so successful, he probably made 2 billion in 1996. Followed by untold billions thereafter.

All this means is that libcuck's "tax the rich to fix our economy" is horsecrap and won't do shit to help the country. The rich won't pay a cent and no one will even do anything about it.

John Miller strikes again! He can't keep getting away with it!

I guess he doesn't have as much blood of innocent people in Palestine, Afghanistan, Iraq, Libya, and Syria on his hands as those who actually pay their taxes without trying to keep the feds hands off their hard-earned income.

Hillery has killed thousands, deleted emails, evade arrest, bribery, conducted secret deals, sold weapons to the enemy, etc

But EVERYONE look at Trump he did a thing!

>BREAKING: TRUMP LEGALLY AVOIDED PAYING TAXES BECAUSE HE KNEW THE TAX CODE

Oh my stars!

Which is perfectly legal, since he's been audited every year for 15 years and has not gone to prison. Eat a bag of dicks OP. Thanks

Why are all of you so ignorant to Trump's obvious and plentiful shortcoming? Honest question. Why are you so adamant to vote for someone who's a proven liar, cheat, and shill?

Depends who you ask.

If it's within the law, what's wrong?

He did this all the time in his book

This makes me like Trump 10% more.

It just keeps getting worse and worse. It's over, isn't it? There's not been a single ray of light since the debates.

Just think of all that money that could've been used to bomb sandniggers in some shitty desert a world away!

PROTIP: when you own real estate, you get to subtract the depreciation value of your properties from your taxes, since he owns so much property, he never has to pay any tax. This is how our system works

Why is that okay?

Obviously it caters to people who can't count past 1000.

>implying the IRS wouldn't have bent him over and went in dry on him if he had been avoiding taxes for this long

>exploited loopholes in tax laws is breaking the law

this is a funny meme

Wair, you want liberals to think?

>Followed by untold billions thereafter.
He's currently worth $3.7 billion so if he made untold billions thereafter his business is as unstable as he is.

>Donald Trump brings up Bill Clinton's affairs from decades ago
>BASED DONALD XD! Lock Hillary up!

>Information comes out that Trump had a massive loss in the '90s
>Who cares! The '90s were years ago! Get over it!

>Loses nearly $1 billion in a year
>In 1995
>Where the economy was booming

Truly a successful businessmen

>having a bad year in business is always the business owner's fault
>the president controls the economy

Youre an idiot

*legally. It's called a write-off dumbasses. Can't believe Hillary is trying to use this against Trump. It's called common sense you ignorant old hag.

This is trump'a 47% moment. No way he can win working class people.

>He avoided government theft for two decades.

Sounds like a good guy. Labaik ya Trump.

Cred Forums ETERNALLY BTFO

lol
fire up the sage cannons boys

CORRECTING THE RECORD ON SATURDAY NIGHT
EVEN THOUGH KILLARY'S LOSING THE FIGHT
NOTHING LEFT BUT THE REDDEST PILL
KILL YOURSELF YOU FUCKING SHILL

>Didn't go to jail so didn't do anything wrong
>Hates Hillary and says she's a crook

Why are all of you such a faggot to who is obviously plentiful in shortcomings? Honest question. Why are you so adamant to sit in your basement with cheetoh crumbs hanging off your disgusting neck beard why real men change the world?

Because all you have on him are his history as a BUSINESSMAN, not as a POLITICIAN. A businessman is only responsible for getting his company rich, not the country. Everything Hillary did, she did it as an elected official.

Lol kys

>hire a good accountant
>he minimizes your tax obligations

Wow this is a really good story

>avoided
>1995 tax "leak"
shills are really getting desperate

I told you you stupid fucking bernouts that high taxes make tax avoidance profitable. It wouldn't make sense to blow money on tax shelters and tax lawyers if our taxes weren't so high.

this guy gets it

this isn't even a fucking loophole.

no one would invest money and take risks if the tax code didn't let you deduct losses.

so if you lose a billion dollars one year, you can write off a billion dollars in taxes.

the more interesting thing is that if you knew his effective rate OR true profit, you could calculate the the other given the information you have, at least for the given 20 year period.

...

but this is really a non-story.

So, you do not have an answer for the mans question.

As opposed to Obongo who lost 1.2 TRILLION a year as president

The story is not that he didn't pay taxes but that he is trying to hide this from the voters. If there is no transparency, there is no trust.

Still a better president than cliton .

There's a difference between tax avoidance and tex evasion. The former is legal and ethical and the latter is illegal and unfair. If a corporation is always expanding and growing and financing new projects, then it is very likely to have zero or negative earnings. No big deal. The company is invested in future earnings.

However, the company is paying employees, contractors, builders, other professions and they are paying their taxes.

Do you really think that Trump. who the left has had a hate-on for decades, would allow the IRS a opening to attack him? Trump is being watched very very closely and is audited very year.

I could not give less of a shit. You think Hillary does have a tax attorney on staff looking for every loophole (((he))) can get his grubby little hands on? All these rich fucks do it. It's par for the course. Praise Kek nigga.

"But was it illegal," asked Satan

33rd thread about this in the past hour
Kys.
You can't tax profits that don't exist. If you think it's bullshit yell at Congress.

...

Good response from the campaign

>Mr Trump is a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required. thate being said, Mr Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes, along with a very substantial charitable contribution.

Who gives a shit anyway? If you had the money to pay an accountant or tax professional to fill out your tax returns in a way that LEGALLY meant you paid the least amount of taxes, wouldn't you do it?

If people don't like that, they should be pushing for tax reform to a simpler way that can't be exploited.

We're not voting for killary though

>legally avoid taxes
>OMG WTF DOLAN TRUMO DISQUALIFIED FROM POTUS!!!

>loopholes
It's not a loophole, the tax code is EXPLICITLY written with the intention that people will do what Trump did. Basically, you could re-write the headline as:
"Trump Complies with Law for Past 20 Years"

>having a good year in business is always the business owner's fault
>Trump has anything else to run on

You're an idiot

I guess he doesn't have as much blood of innocent people in Palestine, Afghanistan, Iraq, Libya, and Syria on his hands as those who actually pay their taxes without trying to keep the feds hands off their hard-earned income.

Warren Buffet and Bill Gates regularly lose billions on some days. It's not a lot multi-billionaires because most of their net worth is in stuff like property or stocks. It goes down 1% and they lose a crap load.

>Hillary did nothing wrong and shouldn't be in Jail
>Donald didn't do shit wrong
They both did some shitty things, difference is Don didn't break any laws and therefore he shouldn't be jailed unlike HRC faggot.

Yep. Just ignored the thousands that died to her foreign policy, all the corrupt money she takes from oppressive regimes, and all the time she lied under oath and broke the law.

Instead focus on something unethical but LEGAL trump did 29 years ago

For god sakes you are so stupid!

Let me put the Trump Tax return release in simple terms so you can understand.

Donald Trump wrote off $916m as a loss which let him keep that much in taxes over next few decades, Brilliant move!

Like he always said. Donald used the laws of the country to his advantage and had chapter 11 bankruptcy for his casinos, which he came back from and put in record books. This isn't some advanced loophole. This is a single year return and he even wrote a book where mentioned this billion dollar loss: "The Art of the Comeback"

He has run and built an organization for the past 45 years and who, in 2014, had at least 22,000 employees and generated $9.5 billion in annual revenue AND ran the most efficient campaign in modern history. Paying a ton of taxes through business. (Here is a link - archive.is/p3Xle)

This is in summary of what was released.

In the end he duped the media (again) and destroyed Hillary's talking point.

This guy is serious on being president.

It's amazing!

WHO THE FUCK TRIES TO PAY MORE TAXES?


you fags try to get max refund right?

holy fuck..

autistics. or ctr.. i wonder which zionist globalist shills are being paid min wage to create these threads.

>Hillary signed off for literally MILLIONS of civilian deaths in the middle east
>Donald trump tax returns are more important

I hate being American sometimes.

This table doesn't even include Syria, Libya, and Afghanistan

>hates crooked hillary because she's a crook
What Trump did was legal, so it's not crooked, idiot.

Tex evasion is Obama wandering onto prarie chapel ranch. Badum-

if you can lose 1 billion dollars and still be alive it either means you're a pretty good businessman or that you're extremely wealthy (which probably means you're a pretty good businessman).

Ladies and Gentlemen, the President of the United States

this

and i'm not for either side here, just watching the shekelmasters pull the strings and enjoying the show

anyway, everyone knows that taxes have never gone to the things promised, just into corrupt politicians wallets and such

I mean if you knew that would you pay taxes? Most people wouldn't, unless they were good goy tier

Legal loopholes can be used to construct losses, m8.

The gimmick is to adjust when and where you report losses and gains to minimize the economic downside.

Odds are he didn't actually lose a billion that year so much as choose that year to report a billion in losses.

That it's not a tax loophole, doesn't mean loopholes weren't involved.

It's only OK when the clinteon foundation does it

There's no depends. Perfectly legal.

I am so sick of this fucking bullshit.

If you have a 900 million dollar loss in one year, you would not have to pay taxes for many years.

It is a loss carry forward. For the purposes of taxation the 900 million dollar loss is spread over many years and offsets the amount due to the IRS each year during that period.

He literally owed the IRS nothing each year after a percentage of this total loss was factored in.

This is a universal practice in businesses of any size. It is written into the tax code and, as such, is legal. Not only is it legal, it is common and routine.

There is nothing fishy or underhanded about doing this and any dime store accountant would give the same fucking advice to any client.

tl;dr IT'S FUCKING NOTHING

>contract services from one business I own to another business I own
>don't pay myself
>million dollar loss

What an anticlimactic finish.

I was hoping for a close race till election day.

ALL THE DAMAGE CONTROL ITT

>news.google.ca/news/rtc?ncl=d7ueNehXE16KheMt_F3wEU0W4neDM&authuser=0&ned=us&topic=h&siidp=b99db1419eafd8ea180d2eac59f1ea039f2f

>It's called a write-off dumbasses. Can't believe Hillary is trying to use this against Trump. It's called common sense you ignorant old hag.

The OP is probably ignorant of how economies and businesses work. Really work.

This is why people who have never run businesses or even worked in an actual producing company shouldn't get to make economic decisions. You get economic basket-cases like Venezuela, Zimbabwe, Brazil, etc.

It's not over. This is literally nothing

this just proves we should close all tax loopholes. trump, just like everyone, should pay their fair share. the IRS should include child support received as income and they should eliminate the Earned Income Credit since that is a pretty big loophole too.

The average American can't even read your post at a 4th grade level, much less have the wherewithal to even understandwhat it means if you explained it in detail.

>Trump is literally taking advantage of the deductions the law lets him claim
No shit. No problem.

...

inb4 he blames that fucking 400 lb hacker again.

My dad does this.

>Buys raw materials from China
>Has a middleman company that he owns do the buying
>This company sells it to the producer (which he also owns) at a 30% markup.
>Profits now appear smaller. He pays less taxes

Not American though.

>Brilliant move!

The bar for "brilliance" is a tripping hazard at this point.

He lost almost a billion dollars and his accountant(s) used Tax 101 to carry the loss forward for like two decades. WTF is brilliant about this? He's a con artist who has competent accountants.

Like I said in another thread, any moron with an ounce of business knowledge knows that IF YOU LOSE MONEY RUNNING A BUSINESS, YOU CAN CARRY THE LOSSES OVER A DURATION OF YEARS TO LOWER YOUR TAXABLE INCOME


Hillbots are going to go crazy with this, but it will be dead by Monday afternoon.

sweet. i love a president who understands that taxes are just being squandered by shitty politicians.

no

if he made less than 900 million since 1995 then he could have avoided paying taxes

if he's as rich as he says he is than that is not the case

>Being this clueless about business

lol want to know how much Warren Buffet lost on Wells Fargo?

This. The MSM has exposed themselves again.

Nine hundred million is 9 billion now?
What?

Cred Forums Pass user since January 2016.

>Trump does it legally
>Bill rapes woman

I guess #ImWithHim now

>hildawg gets exposed shitting on the entitled millenials
>day later they drop a "trump tax bomb" which only uneducated people would fall for (millenials)

this is a fun election season.

Jesus you CTR faggots think you have greentext posting all figured out, huh? Spend a few years on Cred Forums to work on your bantz and come back, Melissa.

It's been a while since I've seen Cred Forums this mad.

I bet this story gets some legs.

>u r wrng and also stupid = mad

ok champ

Right, I'd be pissed if I was Hillary right now. MSNBC promised her they'd boost her up, but she's been dropping in polls, offending her voter base, and now they think they have him dead to rights and it turns out he didn't do anything

It's fucking frustrating that this guy keeps getting away with it

You are Cred Forums so how mad are you exactly?

How can someone lose a billion dollars in a single year?

Don't talk to me about Taxes when this piece of shit on the right is not in prison.

drumpfkins on suicide watch

Oh, so we're accepting that he's a billionaire now? We're finally coming to terms with that?

>You are Cred Forums
Fuck you, I came here from /d/

>Loses a billion dollars
>uses that to not pay taxes for years
>still owns his own private jet.
>not some small dinky jet, but a full blown re purposed commercial jet.
>did it all legally.

honestly pretty smart.

>post on Cred Forums
>not from Cred Forums

Cred Forums please

They will read the fucking misleading titles claiming Trump "avoided" taxes and assume that he was dodging taxes using a loophole that only rich people with lawyers can use.

That is why they write the headlines in this manner....to purposely mislead people who are ignorant of the facts.

But, like you said, even if you explained it, would the average voter understand?

We can keep believing this or face reality that this is a major fucking blow to a presidential candidate.

We are all polfags so you know this post is complete bullshit.

I am beginning to think 1/2 these "keep calm" fags are CTR.

Tell me user, how much was the loss

I want to know how much BTFO there was

>expecting idiots to understand tax codes

There's a good reason why good accountants make bank despite the job being mundane.

Right, this was supposed to be the nail in the coffin and its fucking nothing. I fucking hate how Drumpf always gets away with this shit. FUCK I hate that guy so much right now

>Shows how Trump could have LEGALLY not paid any income taxes for 20 years
>This is supposed to make him look bad
?

>you are not allowed to deduct losses agains previous income

how horrible. losses offset income. grass is green. water is wet.

No1 cares about taxes

>having this little perspective

Trump lost almost a billion $ in one year because of his own shitty snake oil business practices.

Buffett has lost like $1.5B recently because he owns 6% of a major bank that was fined for fraud.

One does not equal the other.

>used a legal loophole

not the same as evasion or avoidance.

The IRS actively encourages you to reduce your taxes as much as possible, because you're going to refund it anyway.

CTR fags don't make enough to understand taxes.

>ITT: People that don't know how to work in the system or never have to because they're wagecucks.

>Hasn't paid taxes in 20+ years
>Complains about our military, schools, poor cities

You can't have both, it's one or the other. This man is a walking contradiction and you're all retarded.

>We can keep believing this

Yes, you can keep believing it because everything in my post is true.

What is your point?

> taking advantage of the deductions the law lets him claim

this,
you'd get the refund anyway later, just do your taxes right.

Unless doing your taxes right is racist now or something, because only white people do taxes.

Black people are appropriating white culture when they do taxes.

Dude seriously, we fucking needed those tax returns to be damning. Nothing we hit him with sticks, and now we're going into the next debate with fucking nothing on this guy.

This election fucking sucks. Fuck Trump

What are carried forward losses?

Are you suggesting that banking is not a shitty snake oil business?

Literally no one here cares. What he did was legal, so why wouldn't he do it? Do you think ANY politician doesn't take advantage of the same loopholes?

talk to this faggot then

see: Then fuck off.

>CTR fags don't make enough to understand taxes.

Sadly yet humorously, this.

>owning a stake in a bank that committed fraud
>does not equal "snake oil business practices"

Must be bliss being this ignorant and retarded

That makes him smart.

I guess he doesn't have as much blood of innocent people in Palestine, Afghanistan, Iraq, Libya, and Syria on his hands as those who actually pay their taxes without trying to keep the feds hands off their hard-earned income.

If Trump didn't break the law there is no story and Clinton campaign will have to find other straws to grasp for.

That you have no point. This shit could be blessed by Jesus/Buddha and it will drag Trump down.

It does not matter IN THE SLIGHTEST if it was legal or not. This is 100% about perception.

>tfw the best dirt on your opponent turns out to be nothing

Fuck of shill.

It's fucking nothing, but as retards who started spouting off in my guild's Discord can attest, laymen think this is cheating somehow because they themselves don't make enough money to have to know how this works. They only know what they've heard from the media which is making this a big deal because the media has a dog in this fight.

Wow Trump might end up in prison before Hilary

A loss carry forward is not a fucking loophole. Stop calling it a loophole. It is standard and commonly used by businesses.

Ha. Point taken.

Also: checked.

Who the fuck likes paying taxes?

HAHAHAHHAHAHA

>yeah, its not over at all:

cbsnews.com/news/donald-trump-weighs-post-election-options-if-he-loses/

Yes, the NYT article interviews professionals and says it's fine

>Clinton is losing the election
>Brexit wins
>Australia is going conservative
>Japan has gone conservative
>Poland is refusing refugees
>Assad is taking Aleppo
>Hoffer will win in Austria
>France is headed for civil war
>The public hates BLM
>Duterte is killing drug cartels
>Trump will be the next POTUS

When did everything go so right?

This change isn't just a local one, it's a growing global phenomenon

What better President than ones that knows the tax loop holes and actually said hes going to fix it. And who gives a fuck none of you do this only millionaires.

Here's what you don't get shill:

It doesn't matter how true it is or even if it was illegal or not = nobody gives a shit. Nobody cares what you have to say.

Yeah, dude was spamming every thread.

Check out the post I replied to there.

>Y-Y-Yeah b-b-but I was j-just replying!

I have a small, fucking tiny, LLC as a side business. I had a loss one year. I fucking used the loss carry forward. My normal run of the mill accountant knew exactly what to do.

This has nothing to do with being rich, the size of the company, or the size of the loss.

feels good man

Is this supposed to be an attack on Donald's morality? Because it sucks. Who cares? He knew a loophole existed and he exploited it. It's not like the IRS are panting at his doorstep. If anything, it's a testament to his ability of out-Jewing Jews.

2016 has been an amazing year

Stop calling me a fucking shill. I hate you retarded Trumpfags, it fucking pisses me off that you guys won't accept your candidate sucks

Fuck you, you're responsible for getting him elected, I hope you can sleep at night

>Nobody cares

Guy could reach into his diaper and toss shit at Clinton and Cred Forums would still somehow defend it.

>cannons

>Top News
>Im-fucking-plying they dont always throw shit at him every week to make something stick until everyone doesnt give a shit about after next monday

Oh wait nevermind I looked at the flag

WELCOME TO THE NEXT FOUR YEARS, KEKTARDS!!!

>Tax returns from 20 years ago

I should care about this... why?
Also even if it was 2015 returns, why would I care?

Yeah that's not gonna stop drumpf supporters from being retarded

yeah, nobody care

>legal loophole
So he played the system. The same corrupt system that he is now fighting to dismantle. Yet he's despised for it.

What a bunch of retards.

The whole concept is fucked. You don't fix the nation by stealing peoples money. Want to fix the nation? Decrease the amount of immigrants = decease in labor supply = increase in labor demand = increase in labor value. This ultimately leads to a strong middle class.

I mean, that would be awesome.

you people sucks at memes

I don't see what the story is here leaf. He followed the law on taxes and Democrats broke the law releasing this info. So your point is it's OK to do something illegal to show that a man you hate followed the law?

>everyone freaking out

>he did something most of us wish we could do

this wont effect his numbers. screenshot this.

> gameboy printer
> le vidya nostalgia
> only 90s kids get it

reddit meme

If he's such a shit businessman how'd he make the money back?

>claims the military is underfunded
>hasn't been paying tax to fund them for 2 decades

So that's why he's been hiding his tax returns...

I'm going to wake up tomorrow morning and every mouth breathing liberal news outlet is going to be blowing this out of proportion along with this place becoming completely unbearable.

Until Wikileaks dumps the alleged "October Surprise". Assuming Assange really means it.

Think I'll just slide on off the internet for a couple days.

FFS stop correcting the record

The lower class who barely earn enough per year have to pay for Mr. Trillionaire's tax evasion tactics. Sad!

>100% legal

This is a problem with the law not a problem with Trump

Those are flares, dude.

There's a good way and a bad way to play something. If he were to say "Yes, I didn't pay any taxes because the system is corrupt, and I admit, I gamed the system for which I am sorry, and I want this system changed" it's be a trillion times better than:

"Lol no won't release my taxes even though every candidate since the 16th amendment was enacted has" and then makes a halfassed comment how he's smrt because he doesn't pay taxes. Now his taxes got conveniently leaked, don't worry Clinton already had them since he announced his first bid years ago. If anyone is playing 4D chess it's her.

Hillary can not say anything during the debate and he'd bring himself down.

tax loss carryforwards are not a legal loophole.

i guess daily mail is the garbage newspaper of the UK?

It just goes to show that he will do whatever benefits him regardless of what impact it has on other people, there will be a lot of those decisions to be made in office. Pathetic!

...

It's the U.K. Every newspaper is a garbage one.

absolutely
taxation is unamerican
I want the government to MAKE money
I want prisoners to work
I want social welfare recipients to work
Red light cameras on every street
Speed traps
Event organizers paying police overtime

A lot of these ideas could be put into place, pending the construction of a wall and deportation of illegal immigrants

It is not a fucking loophole. Stop referring to it as a loophole. You play right into their hands when you refer to it as a loophole.

See:
and
IT IS NOT A FUCKING LOOPHOLE

Goddammit, my head is going to explode.

Wtf it says if you have a pass now?

I wish Trump gamed the system. Maybe then his retarded supporters would wake up about this guy. Instead, King Cheeto's taxes are fucking nothing.

At this point, I hope Trump brings himself down. Everything Clinton has tried doesn't stick and it's starting to piss me the fuck off

>When a buisness man will be charged for avoiding taxes

>But can't even charge a government employee for mass coverup and embezzlement

When both get charged, your society is doing all right.
When only one gets charged we have a problem.

In any other election I'd say this would tank the Trump campaign but when the other side is just as corrupt maybe more it doesn't amount to shit.

Anything Trump has done it's small time compared to the skeletons Hillary has buried in her backyard.

If he did it legally through loopholes and what not, then there's no problem.
You should be mad at the politicians who allow the loopholes to exist, not at Trump for hiring smart accountants. You think all the other millionaires and billionaires aren't doing the exact same thing?

Cred Forums Pass user since October 2016.

anyone else depressed at the fact we will never get an election this entertaining in our own countries?

he did not game the system
he did not play the system
and he did not use a loophole

kindly see:

I am doing my best not to go into a fit of rage.

Been around for awhile and I honestly am a little surprised how vocal the support for trump has been. Two heads of the same beast and all that. Thought we came to this awhile ago

FUCKING KEK

KEK IS AN ALMIGHTY GOD THAT REAPS THE LULZ.

youtube.com/watch?v=tGIr4Mq_4C8

While correct, this point is too high brow for the general public I fear.

He said it on live tv with like 100 million people watching, how is that trying to hide it?

Such bad timing, he was already losing momentum after the debate.

A

Fuck off shill. You're intentionally trying to prevent a woman who provided billions of dollars in relief to impoverished countries like Haiti and Argentina for kicks and giggles.

Do you even realize what the fuck you're doing?

A vote for Trump is a vote for something different.

Yeah, 'cause he lost sooo much money in the same year everybody else was killing it in the stock market. Loser!

How does the average working user get in on this?

He talked about it in his book and said anyone can do it. (((They are just mad because hes going to stop these things when hes potus.

i was blessed

praise kek

Perfectly legal

he recovered financially

trump is known for doing risky businesses.

commercial real state markets are more volatile than residential.

Completely legal now let's take a look at how Hollywood liberals avoid paying ALL of their taxes while calling for tax increases on the wealthy.

Are we not about digging a little deeper? It's been rigged for years. What makes you think trump wasn't already selected as the shoe in for his "party" just like hildabeast was. You're just putting your vote in another actor. Smoke and mirrors is only dazzling for so long

Doesn't matter if it's legal, what he did was scummy. He will be able to change laws and if he's already proven that he cares more about his billions of dollars than the little guy who struggles to put food on his table then why the fuck would you want someone like that in office?

>Cred Forums pass user since oct 2016
what the fuck is this shit

>Gained 14m in less than 24 hours after the debate
>losing momentum

>provided billions of dollars in relief to impoverished countries like Haiti

That's not a good example to use.
nationalreview.com/article/437883/hillarys-america-secret-history-democratic-party-dinesh-dsouza-clinton-foundation

Yeah well they're not running for president are they?

>I-I-It w-was Legal! B-B-But it d-doesnt matter because i-it was mean!

Me laughing at you crying like a butthurt Bernout is also mean, but its also funny

We might not get exciting elections but at least we had Rob Ford, crack connoisseur.

I wish I could avoid taxation. Cruz wanted to abolish the IRS but it turns out Trump has the best experience. Finally I have a reason to commit to voting Trump. Thanks op you really inspired me.

It means I've completed my deck of rare pepes.

Cred Forums Pass user since October 2016.

It's like you think pointing this out will make us not vote for Trump.

Haha, boy are you in for a shocker come November.

>How does the average working user get in on this?
see:
Step 1.
Start a small business
Step 2.
Have a really shitty year in which you lose money
Step 3.
Apply that loss to your taxes. If the loss is equal to or greater than what you owed the IRS, you don't owe anything.

So basically, you have to suffer through a really bad year in which your business gets hammered. Do you still want to >get in on it?

Freeloader

>Trying to deflect away from Trump's taxes with unfounded conspiracies

I bet you're going to tell me that she accepted bribes from Saudi Arabia. You gullible fucks

Lol whys it say you're a Cred Forums pass user

Legally, of course.

Which means you still have nothing in him.

Trump didn't have to pay taxes in 1995? WHAT LAZY INCOMPETENT PRESIDENT WAS IN CHARGE AT THE TIME THAT WOULD ALLOW THIS?!

I can confirm that she did nothing but harm Haiti. We hate her and the president of Haiti now and will vote Trump 100% in November.

t.White Haitian

Op will suffer cancer.

Do it. Publish it you fucks. Enjoy getting sued into oblivion.

Wow I never seen Cred Forums this mad before, well done OP

Say goodbye to your frog pictures.

trump does all start ups as small businesses. So in case they go bad. He can deduct it all and shelter his income form the businesses that aren't failing.

it is pretty smart.

everyone get a load of this loser. he ACTUALLY supports hillary.

>us
>canada

I've got some bad news for you..

Hmm so I would have to own a business and everything to use this? Alright, thx man

I now better understand how this law works too

why would he want to use loopholes to avoid taxes? are you fucking that dense, god damn you trumptards are dumb

Do liberals even understand how taxes work? If you lose money, you don't pay taxes on the loss. How is this hard to understand?

yes how dare he not pay for jew wars and crack babies

test

Trump complaining about Obama paying only 20% in taxes: twitter.com/realdonaldtrump/status/190866856624668672

H-Y-P-O-C-R-I-T-E

>Thinking that a tax credit for losses is a loophole

Life is so easy being a NEET.

No, I expect you idiots to vote for Trump regardless

>This post is complete bullshit

Except it's one of the fundamental rules taught to you in taxation accounting units, that being carry forward losses.

It's like if someone told you that charitable donations are considered tax credits, then you say "lol, what a load of shit! People just give to charity from their hearts!".

>May as well also claim that negative gearing isn't a thing

didn't work for me
either he discovered some hidden posting option you need to enable or he's a mod fucking with us

A
STUPID
FUCKING
LEAF

...

It's well known that he lost almost $1 billion then. He told Marla Maples that the homeless guy on the street had more money than he did, and if she still wanted to stay with him (she did). Then he wrote a book about it called "The Art of the Comeback".

#neverhillary

No more refugees, no more higher taxes, no more sanctuary cities, no more political correctness, no more liberalism/marxism, no more open borders and illegal immigration. Bring back the jobs, build the wall and don't infringe on our second and first amendment rights, and finally: hang the globalists.

>taxation is unamerican

taxation without representation. Fucking childfag. Get involved and do something before bitching

>I want the government to MAKE money

>votes for guy that wants to increase spending while lowering income from taxes

>I want prisoners to work

They do or they die

>I want social welfare recipients to work

said the fucking NEET

>Red light cameras on every street

I'll take childfag doesn't understand law for 1000, Alex

>Speed traps

because nobody speeds, you fucking child

>Event organizers paying police overtime

because events don't bring in tax $$$

Go to bed. Sleep tight. You have a lot of homework to do tomorrow before your high school economics class on monday.

The cunts supporting Trump are mad that undocumented people aren't paying taxes but applaud Trump for not paying his own.

Really makes you think

Yeah it all makes sense now. Have a bunch of trash you can throw out basically so you can profit and expand

How do you think the job side went? Bankrupting/destroying small businesses definitely takes away jobs but that profit could be used for expansion of a large number of companies. And since small businesses have barely any workers, the damage would be minimal while providing a large boost in jobs in Trump's main companies

That sound right?

very succinct explanation

never mind it says on the pass page you need to enable it

Cred Forums Pass user since July 2015.

>us
>leafnigger trying THIS hard to fit in

No one is friends with you, and you're not voting at all.

remember the 90 billion in avoided taxes goy.
vote hillary, she would never avoid paying 900 billion in taxes like drump did.
think of all the vibrant youth programs that couldve been funded with drumps 900 trillion in tax cheats

speaking of decades of unpaid taxes.........................................

Lol Trump is saying the laws need to be changed and he was calling out obama for being a hypocrite about not paying taxes and crying about others and not doing anything to change it.

>A campaign statement said Trump pays, 'no more tax than legally required'
>legally

Why should the average American be mad at this but not be mad at ILLEGAL immigrantion?

How does someone competent lose a billion dollars in the boom years?

...

I work at an immigration law office. Recently we filed an adjustment of status application for a guy from El Salvador that was illegal from 1998, got under TPS in 2001, and paid over 10 years of taxes so we filed I-864W instead of I-864.

Other than that plenty of illegals file taxes. Whether with a fake SSN or an ITIN. One of those reasons why they hate welfare recipients (i.e. niggers and rednecks).

President doesn't run the economy stupid.

Liberals will ignore immigration law but suddenly tax laws are important. You can't pick and choose, libshits.

The kicker? The tax code was written specifically in a way he could avoid taxes 100% legally, no loopholes or anything. I actually admire him more now, and I too wish I was good enough at avoiding taxes legally.

>US Presidents can change laws on their own

Ausie education

Unless it's a democrat. Then they magically control the economy and fuck up constantly.

>implying there's any representation today
Everyone knows it's just a way to redistribute money from whites to niggers and spics, god bless anyone who fucks the IRS over

at the very least they can heavily influence lawmakers

He pulled a Obama. Make them fight for months for it then stop pulling back on the rope and they fall on their ass. Turns out it was nothing.

Yet they recieve and have access to more social services then they would otherwise have to pay with this same fradulent credentials

>tbey are doing you a favir by breaking your laws even tho you dont want them her

>any American would agree that taxes are not a moral obligation.
Any American would agree. You have to remember that most Democrat voters are immigrants from socialist hell holes where they believe taxes are an obligation.

Cred Forums Pass user since December 2014.

Thats not whay you said m8.

FAKE.

...

>increasingly nervous shills declare election over for 9999th time this year

Is the new tactic to make us tired of seeing the same shit every day? :^)

>spend a few years on Cred Forums like I did so you can join our club
lmao you fucking loser

And Trump literally hired people and refused to pay them for THEIR services by pretending they didn't do a good job. Also uses the same roads as us, police, etc. etc.

Stop digging your hole and accept Trump is a faggot nigger that just happened to have a rich daddy.

...

when you're a billionaire you're allowed to lose that much. If Trump lost that much every year then they would be flat broke right now.

This story is going to blow up so hard in their faces it's fucking hilarious. And I'm not talking about Trump, I'm talking about whichever dumb fuck news media outlet is talking about this. Good god these idiots swarm to these stories like flies to shit.

Is Reddit politics subreddit completely CTR? Every post sounds exactly the same like they're written by the same person.

Their policies directly effect inflation many times than not AND theyre the ones who sign shit like NAFTA

That makes him smart

>

S H A D I L A Y
H
A
D
I
L
A
Y

>you think pointing this out will make us not vote for Trump
hahahaha Canadian has gone full on delusional. Have fun casting your vote for the US president

This story was released early due to the Basement Dwellers story

They blew their load

There's still two debates and over a month to go

And your cost basis is lowered by the depreciation, so you pay more capital gains when you sell property due to depreciation recapture.

>Trump didn't pay the full amount that one kike architect was trying to extort out of him
>Trump out-jewed the jew
>kike cries about it to media years later like it's anudda shoa.

Fucking based on Trump's part if you ask me.

He has paid more in taxes in his life than the average nigger with access to the same roads and services and your conplaining about his business dealings that were all legal

You
Have
Nothing
But
Butthurt

I only believe taxes are a moral obligation in a nationalistic society. Not in a society that is importing more tax burdens in order to destabilize our civilization.

Why, morally, should I pay for some other countries peoples, or for policing the world?

Talking solely about loopholes, because that's what businessmen do, especially when your businesses grow to the sizes his are. The people who don't are the ones who lose more than their competitors, who are taking advantage of every loophole they can, & risk losing everything.

He admitted all of this and even said a lot of it needs to end because it's not good for the country, but he was not going to be dumb enough to not play the game he was in, which is business.

He could just be visiting Canada you know... It's not that far.

Good point.

The same services and utilites are used and overwhlmed by people the government importd knowing they may never become productive memberd of socirty and actually guilt the public into accepting it

F

how is this a story? his huge loss was well known in the 90s. He talked about it a lot.

And any sophomore level accounting student could tell you the tax implications of that. Roll back 2, forward 20.

Here is a simple guide to this.
thebalance.com/tax-loss-carryback-and-carry-forward-explained-398178

>got away with not paying taxes legally for two decades
how does this not make the man extremely fucking qualified to discuss tax reform?

welp, it's over for trump

pack it up bros

abusing an exploit doesn't immediately imply you know how to fix the exploit

I mean, he might still be able to, but the proof of that needs to be done another way

like Emma Watson?

God damn it dude what is this faggotry

Do you play Tetris and call the long block an "exploit"? Because that's the tier of dumbshit you're at right now