General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWOW: Harry Reid: "Trump is a Billion Dollar Loser"
http://www.washingtontimes.com/news/2016/oct/2/harry-reid-tax-write-off-exposes-donald-trump-as-b/
C_U_L8R
(44,983 posts)and thank you for your service to the common good
Bernardo de La Paz
(48,939 posts)treestar
(82,383 posts)Now Harry is totally off the leash!
Brother Buzz
(36,364 posts)Harry, check your inbox!
BeyondGeography
(39,341 posts)Suckers.
Iliyah
(25,111 posts)on alleged ties to t-rump and Russia.
malaise
(268,667 posts)Let's go DUers
LittleGirl
(8,277 posts)FigTree
(347 posts)This 95 document might have been leaked in order to dampen the push for the recent ones to be released.
If this hypothesis is correct, that logically means that the protected content is not about the amount not paid/paid but about something much worse that justifies the sacrifice represented by the leak.
ffr
(22,665 posts)Cracklin Charlie
(12,904 posts)Just a different kind of boom.
CJohnson_LS
(52 posts)Trump is scum, end of story. He is all too willing to sell out our country to the highest bidder, whether it be the Chinese, or his financiers in Moscow. It is absolutely imperative that Don the con is kept as far away from the WH as possible.
Lifelong Protester
(8,421 posts)I say go for it, say what needs to be said, now's your chance!
SunSeeker
(51,504 posts)randome
(34,845 posts)[hr][font color="blue"][center]The truth doesnt always set you free.
Sometimes it builds a bigger cage around the one youre already in.[/center][/font][hr]
Nevernose
(13,081 posts)His father was a miner; his mother washed the sheets for the miner's brothel. He hitchhiked forty miles a day to get to the nearest high school; naturally he was on the student council, the football team, and the basketball team.
He was a champion boxer. He took on the mob and won, never backing down even after they tried to kill his family. Later he co-founded the most successful law firm in the state (still in business, by the way).
For radical leftists like me, Harry Reid compromised too much while in the senate (intellectually I understand that compromise is a large part of the job, but emotionally just not equipped to handle it).
tl;dr version:
Harry Reid is a smart, successful, tough SOB who is literally unafraid of anyone alive, he and resents the hell out of anyone looking to stiff the working class.
roamer65
(36,744 posts)-Robocop, 1987.
Coyotl
(15,262 posts)Helen Borg
(3,963 posts)That the 1B loss was a scam itself. That scammy calculations were used to come up with that sum.
titaniumsalute
(4,742 posts)Festivito
(13,452 posts)The peon class under tRump becomes the poo-on class. All the stink and you can't even wash it down.
reflection
(6,286 posts)But I'll settle for once.
NewJeffCT
(56,828 posts)it means that it is true.
That really destroys Trump and the Trump brand, even if it was done legally.
The reason is simple math.
If he lost $1 billion in 1995 and paid no income taxes over the next 20 years because of it, it means that he is not all that wealthy. You can only use your losses to offset gains/income only up to the amount of the loss. So, if you lost $1 million in 2014 and then made $500,000 in 2015, you can only use $500,000 of the loss in 2015 and you carry forward the remaining $500,000 of loss. If you made $1 million in 2016, you would use the remaining $500,000 of loss to offset your income, for a net taxable income of $500,000 in 2016. You have 0 left over.
It means that his combined income since 1995 has been $1 billion or less for those next 20 years - or, an average of $50 million/year. Yes, extremely wealthy, but not the mega billionaire like he claims to be.
LittleGirl
(8,277 posts)oh my.
ronnie624
(5,764 posts)Just vehicles for ad hominem attacks, unsubstantiated innuendo and bigotry. The commenters are blind to their lack of fundamental logic.
LittleGirl
(8,277 posts)smirkymonkey
(63,221 posts)brush
(53,735 posts)MADem
(135,425 posts)Hilarious that the link is the Washington TIMES--the right wing, loony Mooney Times.
How nice of them to provide us with those words of inspiration...LOL! "Racist, incompetent failure!!" Tell it like it is, Harry.
Dark n Stormy Knight
(9,760 posts)This should not be ignored.
Of course, it will be, by his mindless supporters.
niyad
(113,029 posts)paparush
(7,964 posts)Followed by a Left / Right combination to the body.
moondust
(19,956 posts)Possibly the biggest loser EVERRRRRR!!!!
And all those jobs he's created? All for one single reason: the little pharoah needed them to build monuments to himself. Duh.