So Trump's business model

[Loki Liesmith]

is basically

1) Get heavily leveraged
2) Force most losses onto other parties
3) Claim these same capital losses to defray 20 years of income taxes
4) Allowing him to re-leverage and live high off the hog again
5) Lather, rinse, repeat?

Think that's it?

[Foggyhill]

1. Yup, he uses other people's losses as his own deductions

If that shit is legal, then no wonder this world is fracked up

He's a parasite on the ass of the world.

So, he's not only screwing those investors, he screws every tax payer in the US too.

One year (not that one), he also transfered his losses to the company (that eventually went bankrupt!
No doubt we'll find out he still claimed those losses as his...

I'm wonder if his string of failures were in fact HIS WAY OF MAKING MONEY!
He's like the worse version of a 1980s corporate raider.

He makes me think of the movie "The Producers' as both the producers and the Hitler loving director (he'S both).

[unblock]

2. Don't forget to breach as many contracts as possible

Hey, it costs time and money for suppliers to sue and collect, so Donnie takes himself a discount of that amount on any contract he can.

Sure, it burns a supplier who will know better than to ever work with him again; but hey there's a sucker born every minute, right?

Helluva a model for presidenting, huh?

[TheBlackAdder]

3. Expect this to multiply as Trump worshipers will model this technique for a quick buck.

.


They lean Libertarian, so they are self-affecting and have it within them to fuck over others anyway.


.

[LeftRant]

4. "I am very under leveraged. I have a great company. I have tremendous income."

/eyroll

[Loki Liesmith]

5. Look's like he may be starting the write-off cycle again this year

If this article is correct.

Declines in New York real estate hit the businessman's fortune, knocking off $800 million, and making his net worth now around $3.7 billion, a Forbes probe has found.

During the course of his presidential campaign, Trump has made much of his successful career and his high net worth, which he has estimated as high as $10 billion.

[Bernardo de La Paz]

6. Yes, he has campaigned on paying 60 cents on the dollar for US national debt. . . . nt

[Bernardo de La Paz]

7. Since no US bank trusts Donald J. tRump, no US taxpayer should trust him with their money. . . nt