08-11-2020, 04:05 PM | #81 | |
I wanna be Dave Join Date: Jan 2004 Location: Austin Texas
Posts: 3,866
| Re: BEST Trump video EVER Quote:
You completely ignored what I wrote, but to explain it another way, a business is not going to stop recognizing revenue because they're profitable and they have to pay taxes on it. Sure, a good accountant is going to apply those losses where it makes sense, or carry them forward, but no real business is going to stop making money just because they have to pay taxes on it. In Trumps case, he was defending paying no taxes because had losses, but that speaks less to his business acumen and more to having a decent accountant. That why your statement that 'an astute business plan doesn’t make any corporate profits' is stupid and untrue. | |
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08-11-2020, 04:58 PM | #82 |
I wanna be Dave Join Date: Jun 2016 Location: Deep in the Everglades
Posts: 5,818
| Re: BEST Trump video EVER
Well many businesses I know call the accountant about 2 month before 4/15, and then spend ALL “profits”on bonuses for all employees ( great loyalty from all) . It then leaves no corporate tax liabilities, because they didn’t have one.... That’s in many of the business plans I’ve seen . An astute businessman plans ahead, then works that plan. Hang up and Drive |
08-11-2020, 07:19 PM | #83 |
I wanna be Dave Join Date: Jul 2005 Location: North Idaho
Posts: 3,648
| Re: BEST Trump video EVER
Speaking of money... and Trump.... I do not see why people are so hard up to see his tax returns, why exactly do they care? Why do people care about a millionaire to took a significant pay cut to become a civil servant? Would it not make sense to look at the take returns of those who became civil servants, then became millionaires? ***cough*** Bernie ***cough*** |
08-11-2020, 08:47 PM | #84 | ||
I wanna be Dave Join Date: Jan 2004 Location: Austin Texas
Posts: 3,866
| Re: BEST Trump video EVER Quote:
Good question, - I think this probably sums it up better than I can: Quote:
So to sum it up - It's all about transparency. In Trumps case, as the leader of a large multinational business his returns are likely more relevant than most other candidates besides maybe Bloomberg or going back to Ross Perot. Trump did complete a financial 'disclosure' but it generalized the nature and extent of his information to a point that was basically worthless. For instance, the disclosure stated he owed something like 5-500 Million dollars to a bank in Russia. That could either be entirely inconsequential, or something that should have been paid off prior to him being the President because it's a national security concern. I'm not saying it IS, but it's hard to know without having any information to validate anything. The IRS certainly scrutinizes tax returns and sometimes supporting evidence, but returns are under a whole other level of critique when literally anyone in the country can pick them up. It's also concerning that dispute promising to do so, the President has not divested from his business holdings, and diluted the power of various ethics committees all of which is a recipe for corruption. This is why I have such an issue with his 'drain the swamp' rhetoric. At the very least, even if he's innocent of any wrong-doing he's established a precedent and made it much easier for future leaders to be corrupt. To answer your question about Bernie - I actually agree 100%. Bernie did release his returns as a Presidential candidate (You can see his 2018 return here: https://s3.amazonaws.com/pdfs.taxnot...nders_2018.pdf), but I would like to see more transparency in our government. Ideally I think it would be so bad that it's a serious pain in the ass for anyone to be a senator or President, to the point that the only people who do it are the folks who really want to be there. | ||
08-11-2020, 08:57 PM | #85 | |
Moderator Join Date: Sep 2008 Location: PA
Posts: 13,941
| Re: BEST Trump video EVER Quote:
If Trump has to show his returns, which I’m not against, make all politicians do it. They’d band together and veto that bill in a second. They have too much to hide. Loudmouth Pelosi is adamant about Trump showing his taxes, but notice she won’t show hers despite claiming she will. It’s not surprising since she’s somehow worth $120 Million. Even with tax returns, those won’t show all of the under the table deals. How can housing developers build massive developments without ensuring the roads, schools, police, fire and ambulance, local infrastructure, etc support all of the additional people? Just pay your local politicians under the table and they’ll look the other way. | |
08-11-2020, 10:27 PM | #86 |
I wanna be Dave Join Date: Dec 2005 Location: Happiness is a warm AK.
Posts: 12,563
| Re: BEST Trump video EVER
I not really interested in seeing the taxes of a billionaires private citizen that works for free. I want to see the taxes of ever single member of the House, Senate, Supreme Court, and every single goobermint employee making 6 figures or better. Civil SERVANTS must be accountable and term limits must be enacted. Our Founders never intended for these leaches to spend a lifetime in DC. |
08-12-2020, 10:11 AM | #87 | |
Moderator Join Date: Sep 2008 Location: PA
Posts: 13,941
| Re: BEST Trump video EVER Quote:
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08-12-2020, 10:31 AM | #88 | |
I wanna be Dave Join Date: Jul 2005 Location: North Idaho
Posts: 3,648
| Re: BEST Trump video EVER Quote:
Just for the sake of fairness, libbies and lefties, don't think I am just picking on your deity here, there are plenty of turds on the other side of the fence that have stunk up the barnyard for far too long as well. | |
08-12-2020, 03:36 PM | #89 | |
Moderator Join Date: Sep 2008 Location: PA
Posts: 13,941
| Re: BEST Trump video EVER Quote:
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08-12-2020, 03:57 PM | #90 |
I wanna be Dave Join Date: Aug 2004 Location: Tri-cities, WA
Posts: 4,831
| Re: BEST Trump video EVER |
08-12-2020, 04:06 PM | #91 |
I wanna be Dave Join Date: Jun 2016 Location: Deep in the Everglades
Posts: 5,818
| Re: BEST Trump video EVER
Well I watched Kamalalalalalala speak, and it’s all Trumps fault!! Thank god for her wisdom! Hang up and Drive |
08-12-2020, 04:31 PM | #92 |
I wanna be Dave Join Date: Jul 2005 Location: North Idaho
Posts: 3,648
| Re: BEST Trump video EVER You do understand that if Biden wins, she will be #47, right? I'd bet hard money that his brain goes completely to oatmeal before his first year in office.
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08-12-2020, 04:35 PM | #93 |
I wanna be Dave Join Date: Aug 2008 Location: cape crud... will you be my friend
Posts: 2,102
| Re: BEST Trump video EVER |
08-12-2020, 04:40 PM | #94 |
I wanna be Dave Join Date: Jun 2016 Location: Deep in the Everglades
Posts: 5,818
| Re: BEST Trump video EVER |
08-13-2020, 06:20 AM | #95 |
Rock Crawler Join Date: Mar 2019 Location: Terrassa
Posts: 985
| Re: BEST Trump video EVER |
08-13-2020, 07:22 AM | #96 |
I wanna be Dave Join Date: Jul 2005 Location: North Idaho
Posts: 3,648
| Re: BEST Trump video EVER But, is he wrong? Not many think so... Last edited by Greatscott; 08-13-2020 at 10:19 AM. |
08-13-2020, 08:38 AM | #97 | |
Moderator Join Date: Sep 2008 Location: PA
Posts: 13,941
| Re: BEST Trump video EVER Quote:
Oh shut up. I'm still allowed to have an opinion in Chit Chat. And who are you to judge with all of the ignorant stuff that you say? You think you're an expert on the US and our politics and you don't even live here. That's like me trying to tell you which market in Spain is the least rat infested. | |
08-13-2020, 09:12 AM | #98 |
I wanna be Dave Join Date: Jun 2016 Location: Deep in the Everglades
Posts: 5,818
| Re: BEST Trump video EVER
Touché!!!! Hang up and Drive |
08-13-2020, 01:34 PM | #99 | |
Rock Crawler Join Date: Mar 2019 Location: Terrassa
Posts: 985
| Re: BEST Trump video EVER Quote:
Last edited by themountain; 08-13-2020 at 02:24 PM. | |
08-13-2020, 01:46 PM | #100 | |
RCC Addict Join Date: Oct 2008 Location: Tyler, TX
Posts: 1,619
| Re: BEST Trump video EVER Quote:
If it was me I would add ofBS to your screen name! Plus this is chit chat, and yes people will dance in the streets when Pelosi drops dead. She is a prime example of the plague of our national political class. Just like John McCain. | |
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