Originally posted by cdtmNo, you are right they haven't nailed him with much... November is coming and hopefully his protection as POTUS to interfere in Investigations etc. Is going, all he'll have left is his money to buy people etc...
I mean, they haven't really nailed him with much. There are legitimate reasons not to pay income taxes.If they have a career ending bomb, why not run with it now?
I read the entire Times article. Trump's holdings are even more complicated than I imagined, but I'm not entirely surprised. There is an entire industry built around helping wealthy individuals avoiding tax. It's pretty messed up and probably costs the U.S. enough to pay for free health-care and education every year and then some.
Trump's obsession with golf courses is odd. They're a money loser. Big red flag to me. He might be an idiot and banks are happy to finance his failing endeavours (Despite him stiffing so many debtors. Where is the due diligence by the banks internal risk team?) or he might be doing something shady like money laundering. Probably the former tbh.
He didn't do anything illegal but that isn't really the issue. The issue is that he is/is soon to be in hundreds of millions of dollars of debt (close to $400 million if I'm understanding the article right).
In most government jobs that require security clearance there is a limit to how much debt you can have- when I was a TSA agent I had to undergo a credit check when applying and if my debt ratio was too high they would have had to deny me the job. The reason for why that's the case is because people in debt are, frankly, more likely to accept bribes or commit embezzlement than those that are not. It's a potential compromise of ones' ethics which is obviously an issue if you're working in a field where national defense is part of your job.
Is this the KO punch to Trump's reelection? Of course not, the people who support him don't give a **** either way. But it does indeed look like shit when someone who wants to work for the CIA is denied clearance because $20,000 of debt is too morally compromising for them to be trusted, yet meanwhile the ****ing Commander-in-Chief of America has debt that's bigger than the operational budget of entire cities.
... especially when sizable portions of that debt is to foreign governments. Definitely no conflict of interest there, no siree.
Originally posted by Surtur
In other words: this latest ploy fell hopelessly short. He did nothing wrong and especially nothing illegal.Only the saddest of the sad will take issue with what trump did as opposed to the system that allowed it.
How do you know he did nothing illegal conclusively? This is a shit load of interlocking filings that would require professional auditors and investigators to untangle with 100% certainty.
That's also a sad bar to set for the leader of a country. There are plenty of people that do not just what is legal, but is ethical. The leader of a publicly traded company would be fired multiples time over for what Trump has done because of ethics and codes of conduct clause in their contract.
Hell, CEO's are being let go for f*cking an employee despite it being two consenting adults because it is an unfair power structure that violates the principles of the office.
You really need a higher bar than "it's not completely illegal, so whatever" in your idols bro. It'll seriously degrade your moral compass.
Also, Trump is the PRESIDENT with the a Senate that his party controls. What do you mean the system lmfao? If anyone can change the system for the better, it's him.
Originally posted by Rage.Of.Olympus
I read the entire Times article. Trump's holdings are even more complicated than I imagined, but I'm not entirely surprised. There is an entire industry built around helping wealthy individuals avoiding tax. It's pretty messed up and probably costs the U.S. enough to pay for free health-care and education every year and then some.Trump's obsession with golf courses is odd. They're a money loser. Big red flag to me. He might be an idiot and banks are happy to finance his failing endeavours (Despite him stiffing so many debtors. Where is the due diligence by the banks internal risk team?) or he might be doing something shady like money laundering. Probably the former tbh.
Just to answer: Golf courses appreciate the value of the surrounding properties substantially and make them attractive to retirees as well as to mid-high income earners. Also, you want a large piece of property located far away with large patches of unusable undulation and elevations to suddenly get value? Slap a golf course in that unusable area and watch it go from low value agricultural land to high value low density residential/commercial almost instantly. Turn it into a club, transfer ownership to the club members then walk away.
The golf courses themselves NEVER get the money back in terms of the cost but the increased value of the surrounding properties and the improvement in marketability of whatever real properties you are selling surrounding said amenity more than makes up for it (a factor of 5-10:1 usually).
The leap from “golf courses don’t make money” to “might be shady like money laundering” is a bit much for me. And banks aren’t stupid, they don’t throw money away in bad investments (not usually anyway). They play the % of how well their money has done in your hands and if they lose more money than gain, they won’t hesitate to just cut you off.
Not saying that this is what Trump is doing tho. Not at all versed in his life/investment. But from where I stand (most of my work was done doing best use for real properties), golf courses are just (pardon the pun) par for course in terms of real estate planning (it IS a bit old school, we usually do farm lots, nature escapes, etc rather than golf courses these days).
Originally posted by Tzeentch
He didn't do anything illegal but that isn't really the issue. The issue is that he is/is soon to be in hundreds of millions of dollars of debt (close to $400 million if I'm understanding the article right).In most government jobs that require security clearance there is a limit to how much debt you can have- when I was a TSA agent I had to undergo a credit check when applying and if my debt ratio was too high they would have had to deny me the job. The reason for why that's the case is because people in debt are, frankly, more likely to accept bribes or commit embezzlement than those that are not. It's a potential compromise of ones' ethics which is obviously an issue if you're working in a field where national defense is part of your job.
Is this the KO punch to Trump's reelection? Of course not, the people who support him don't give a **** either way. But it does indeed look like shit when someone who wants to work for the CIA is denied clearance because $20,000 of debt is too morally compromising for them to be trusted, yet meanwhile the ****ing Commander-in-Chief of America has debt that's bigger than the operational budget of entire cities.
... especially when sizable portions of that debt is to foreign governments. Definitely no conflict of interest there, no siree.
It's not the KO punch nor is it even a light tap. It's not changing any votes.
It's another dud in a long line of duds, where it only truly matters to those with TDS.
Originally posted by Rage.Of.Olympus
How do you know he did nothing illegal conclusively? This is a shit load of interlocking filings that would require professional auditors and investigators to untangle with 100% certainty.
I just think someone would have leaked it if they had uncovered anything illegal. It's true people can cling to the false hope that *one day* they will get him, but meh if that ever happens it probably won't be until after he is out of office(and that is a big if)
That's also a sad bar to set for the leader of a country. There are plenty of people that do not just what is legal, but is ethical. The leader of a publicly traded company would be fired multiples time over for what Trump has done because of ethics and codes of conduct clause in their contract.
*yawn* Spare me this bullshit. This is the bar the left created. They are the ones who wanted his tax returns in order uncover illegalities and nefarious shit with Russia. Do not sit there and pretend to give a shit about people taking advantage of legal tax loop holes, etc. Nobody here is willingly paying anymore in taxes than they have to.
It's equivalent to some little weasel crying "oh wow celebrating Trump not committing genocide is a low bar!" after 4 years of that same person calling him Hitler. It's like...you made your bed, don't you wanna lie in it?
Hell, CEO's are being let go for f*cking an employee despite it being two consenting adults because it is an unfair power structure that violates the principles of the office.
Who gives a shit? What does what happens in the private sector if a CEO f*cks an employee matter? Did you want the WH to 100% adopt private sector ethics? Cuz I don't think you'd like how that turns out.
You really need a higher bar than "it's not completely illegal, so whatever" in your idols bro. It'll seriously degrade your moral compass.
Lol this man is not my idol. And my advice is you not throw a little tantrum because the outcome wasn't what you people were hoping for.
Also, Trump is the PRESIDENT with the a Senate that his party controls. What do you mean the system lmfao? If anyone can change the system for the better, it's him.
Am I speaking urdu here? The system, I mean the system that was in place long before Trump became president.
And literally any president could have changed the "system", people like you gave two shits about tax laws and tax loopholes like this when Democrats could have fixed it.
So that is what makes me smile: you guys were denied that which you clearly desired(more russia stuff or some illegal stuff) and are thus reduced to crying about tax laws and loopholes. Good, you earned that shit cereal, I hope it's tasty 👆
Losers turned on George Conway awfully quick for praising Amy Coney Barrett:
Trigger warning, Tim Pool video:
Trump Proven RIGHT After Video Shows Voter Fraud By Ilhan Omar Supporters, He DEMANDS Investigation
Intriguing!
Originally posted by BackFire
Trump has a disapproval rating of -7 according to a new Rasmussen poll, which had him +4 or so a week ago. Pretty big shift. Maybe people unhappy about not waiting until after the election to try and fill the vacant SC seat?
-11
I think it is the tax stuff that the media is trying very hard to harp on.