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Soph0571

(9,685 posts)
Wed May 8, 2019, 08:19 AM May 2019

Trump: I Reported Business Losses As A "Sport"

The Huffington Post reports:

President Donald Trump tweeted early Wednesday following a report that documented more than $1.1 billion in personal business losses over a 10-year period beginning in 1985.

Trump seemingly tried to downplay the report, saying that “almost all real estate developers” wanted to show losses for tax purposes and renegotiate with banks, and it was “sport.”


[link:https://www.joemygod.com/2019/05/trump-i-reported-business-losses-as-a-sport/|



So let us get this straight - either he is a moron who lost a billion in a decade OR he is a business genius who just confessed on twitter to tax evasion?!?!?! Heh
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Mr. Ected

(9,670 posts)
3. Overcoming STD's was his Vietnam; income tax evasion was his sport
Wed May 8, 2019, 08:23 AM
May 2019

Next thing we'll hear is that colluding with Russia to win the election was his midnight snack.

nuxvomica

(12,411 posts)
5. So "almost all real estate developers" lost all their credit too?
Wed May 8, 2019, 08:33 AM
May 2019

It seems that if this sport was so popular, domestic banks would've have stopped lending to the "athletes" as they did with Trump.

rurallib

(62,387 posts)
6. Can't believe this idiot is in any way smart enough to figure out
Wed May 8, 2019, 08:52 AM
May 2019

the tax dodges. Somebody set this all up for him. Probably Alan Weisselberg. Congress needs to make Weisselberg testify.

sanatanadharma

(3,689 posts)
7. Trump is top dog rep of the ruining class tax-thieves. Show your papers!
Wed May 8, 2019, 10:10 AM
May 2019

Seems a House tax committee has valid reasons to investigate tax laws to see if the tax-payer is being ripped off.
Clearly, there is necessity to invoke the law requiring the income taxes of Trump (top dog rep of the ruining class) to be made available to committee.

Trump said so, as he is exposing the rot of the rich, and reveling in revealing the dirty secrets of super-class socialism.
Some sarcasm!

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