41–50 of 280 posts
Earlier quoted context omitted.
I think that it should be law that the finances of the people at these levels of governence (maybe even down to the city level) be open to the public to review.
Well, it is the law that you're not eligible for a security clearance if you have significant debt.
Does anyone have any more detailed information about the losses, specifically from the real estate side of his businesses? Real estate can frequently show a tax loss from depreciation while generating cash flow. But depreciation only applies to improvements, and it sounds like the golf courses are a significant part of the losses. I don't know enough about golf courses to determine if depreciation is a big factor her…
Outside of the near meaningless confirmation of Trump's status as a "fake" billionaire and how that may affect his ego, there's is an alarming piece of information here. The man owes hundreds of millions of dollars in personal loans that he may not be able to repay. They will come due during his second term. Given his lack of ethics it's worrying to me that a president could have that kind of leverage against him. Da…
This is a HUGE distinction that gets glossed over because it's hard to see the implication from a headline. A lot of his critics pointing to his "bankruptcies" had focused on businesses going bust. So, fair enough, his casinos sucked, but knowing when to declare a business insolvent is a legitimate skill and not necessarily a sign of someone who is overall bad with money. Taking on $300M against your own name is madn…
We’ve known about Deutsche Bank for quite a while now.
https://www.nytimes.com/2019/03/18/business/trump-deutsche-b...
Earlier quoted context omitted.
How does the forced release of Trump's tax returns demonstrate anything about his willingness to sacrifice for the USA?
He's been losing money in office and has been donating his paycheck every quarter. He's not being president for the money.
Buy puts. Threaten a trade war on Twitter. Profit.
Buy calls. Cancel the trade war on Twitter. Profit.
Outside of the near meaningless confirmation of Trump's status as a "fake" billionaire and how that may affect his ego, there's is an alarming piece of information here. The man owes hundreds of millions of dollars in personal loans that he may not be able to repay. They will come due during his second term. Given his lack of ethics it's worrying to me that a president could have that kind of leverage against him. Da…
I’m more concerned about how this information was sourced. Did it get leaked from the IRS or an accountant? It feels like that part of the story is the bigger deal. I love the NYT but this feels kind of like doxing and makes me very uncomfortable.
>It feels like that part of the story is the bigger deal. You think that is the bigger deal? I suppose it is a variant of doxing, but it doesn't look like the NYT is going to post the actual returns, just their interpretation.
Will it make a difference?
Will it - possibly not, on the one hand if you are supporting trump now what could possibly convince you although money is money: He's a terrible businessman, and he pays no tax. That's a huge amount of his appeal to some.
$140 Billion in annual loses means you got to spend a lot of that and enjoy those benefits in the meanwhile.
For comparison, President Trump payed $750 in federal income tax in 2016 and 2017. I just looked it up and I, a graduate student who makes like $30k a year paid three times that amount last year.
He donates to charity 100% of his US government salary. I'm wondering how he even owed $750 on federal taxes.