Comments on: Trump Taxes Show $1 Billion In Losses

By: Mr.BD

Mr.BD — Wed, 08 May 2019 16:35:38 +0000

In reply to Wil. CNN is right he is a con man. It's crazy he was able to fool so many stupid people.

By: Mr.BD

Mr.BD — Wed, 08 May 2019 16:34:06 +0000

So this is what Trump has been trying to hide all along. He doesn’t have no where near the money he said and he is not self made like he said. What a fraud.

By: Wil

Wil — Wed, 08 May 2019 13:22:07 +0000

The Hill:
President Trump lashed out at The New York Times early Wednesday after a report on his businesses losses, labeling the newspaper’s story a “highly inaccurate Fake News hit job!”

The Times, citing IRS transcripts, reported late Tuesday that Trump’s businesses had lost nearly $1.2 billion between 1985 and 1994.

Trump took to Twitter to defend himself, writing that real estate developers in the 1980s and 1990s were entitled to “massive write offs and depreciation which would, if one was actively building, show losses and tax losses in almost all cases.”

The president wrote that much of the losses were non-monetary.

“Sometimes considered ‘tax shelters,’ you would get it by building, or even buying,” Trump tweeted. “You always wanted to show losses for tax purposes …. almost all real estate developers did – and often re-negotiate with banks, it was sport.”

The president concluded by saying the “very old information” released by the Times was meant as a “highly inaccurate Fake News hit job!”

By: Wil

Wil — Wed, 08 May 2019 12:55:21 +0000

CNN just called Donald Trump a con man and the emperor with no clothes lol.

By: Truthiz1

Truthiz1 — Wed, 08 May 2019 12:53:08 +0000

On a sidenote……

It is something to have information confirming what most Black-Americans have always known; No matter how much money a white man loses, in America he will still be able to find someone (banks, private investors, etc) willing to go out on a limb and GIVE him even more money. Trump, Maddoff, Keating etc,.

The same can also be said for white women who commit massive fraud (SEE: Elizabeth Holmes)

Yep. This is America.