[W:1011]TRUMP’S TAXES SHOW CHRONIC LOSSES AND YEARS OF TAX AVOIDANCE

[GummyVitamins]

Yeah I can see how you would be confused as to who the President is...

I assumed you were the one confused since you aptly described Biden.

And Putin will repossess Marlo lago...

What is Marlo lago and why will Putin repossess it?

 

[jmotivator]

it was a personal loan based on what he owned...they don't go out and evaluate it, they go by what the person says it is worth...and when you sign, you are signing knowing that lying about the actual value of said real estate and assets is bank fraud.

A personal loan that claims collateral leaves the BANK to establish the value of the collateral. Why is that so hard for you to understand?

 

[ClaraD]

A personal loan that claims collateral leaves the BANK to establish the value of the collateral. Why is that so hard for you to understand?

what part of the only time an appraiser is called in is for a mortgage? Sorry, but if you willfully value your property at an inflated price to obtain a personal loan, that is fraud....you must not have taken out many personal loans in your life, or you would know that.

 

[MTAtech]

it was a personal loan based on what he owned...they don't go out and evaluate it, they go by what the person says it is worth...and when you sign, you are signing knowing that lying about the actual value of said real estate and assets is bank fraud.

For normal real estate, like middle class homes, they use records of surrounding homes. For unique homes And estates, its not so easy.

 

[TomFitz]

he wont till he is OUT OF OFFICE

then the suit will be filed, and a settlement will be reached

if he does it before then, he plays into the democrats hands....(not happening)

No suit will be filed.

 

[Napoleon]

Absolutely correct. The only time a lender contracts an appraisal on property is for a mortgage loan. And that’s not what these loans are.

The way Trump expressed the value of his properties was in occupancy rates. Banks don’t go out and start counting asses in cubicles. For personal loans they take what the borrower says at face value and make them sign a document which clearly states lying about it is illegal.

 

[TomFitz]

For normal real estate, like middle class homes, they use records of surrounding homes. For unique homes And estates, its not so easy.

As you can see, Trumpsters know close to nothing about business, much less about how commercial real estate works.

 

[RealityNow]

People with their wealth tied up in real estate do this all the time. It's very ordinary. However, it's very likely that Trump:

1) has been living above his means for a very long time, and
2) has also committed loan fraud. The release of his taxes will make it clear to his lenders, and to prosecutors, that Trump lied to them, and
3) the people he owes the money to are Russian oligarchs.

These are the reasons why Trump and his cultists are so scared right now. And why people like Lutherf are trying so desperately to deflect attention away from the news of Trump's taxes.

Trump's real bill is coming due. The bill for lying his entire life.

I don't think Russian Oligarch's like being swindled, nor that Trump can't wash more money for them, and can't repay them and the fact that Trump lied.

Trump and his Family may end up getting the full treatment of how Russian Mobs handle those who have taken their money... They may end up saving America lots of money and time, from wasting money in a court system of having to deal with a seditious, lying, swindling con man mobsters and his mob absorbed family.

Did anyone see the Movie "Training Day"... of how Russian Mob handled their situations when it comes to the blood money they operate with with. (Trump is the one chose to sing and dance and hug and kiss the Devils Team, and his so called Stable Genius Got Him Into This.... because he claims he's smarter than "everyone". )

There is no place on the Planet that Trump can hide from the Russian Oligarch's and Putin's Cleaners... and he does not have enough money to even begin to contend with them.

Now, we know why Trump is so Desperate to try to stay in power, because he wants to use America's Office of The President to protect himself.... That's how self centered this swindler is.

America should demand Immediate "de-activation of the suitcase", and change the N. Codes don't let him near it. Give part of the code to the Joint Chief's, the Senate Majority Leader and Speaker of the House.... and a very minute fraction of the Code to Pence. (Although I don't trust Pence, because he's had his head up Trump's butt too long)

 

[Threegoofs]

A personal loan that claims collateral leaves the BANK to establish the value of the collateral. Why is that so hard for you to understand?

Actually, it’s the underwriter who determines it.

And we know Deutsch bank allows anonymous underwriters....like Russian oligarchs.

 

[Vadinho]

For normal real estate, like middle class homes, they use records of surrounding homes. For unique homes And estates, its not so easy.

Here is the thing about Trump and his investment decisions. He rarely picks a winner. Golf courses are not money makers, there are too many of them and they cost a fortune to run. Every single one of his golf courses is losing money. Trump also spends lavishly on upgrading them, these projects are not cheap. Remember one of the first Apprentice shows was about picking a person to run his brand new Palos Verdes course in LA? It has never made money and one year a storm washed out a very expensive green. They do have fantastic hamburgers though, truly special burgers likely because Trump is to hamburgers what Mozart was to pianos.

 

[CaughtInThe]

 

[upsideguy]

That is almost cruel (but probably true)...

 

[JasperL]

he wont till he is OUT OF OFFICE

then the suit will be filed, and a settlement will be reached

if he does it before then, he plays into the democrats hands....(not happening)

What's the basis for a lawsuit? And why would the NYT settle with Trump when they did nothing you can identify as a crime or otherwise improper. They received some leaked information, and wrote a story about it. All that's protected by the 1A.

 

[foolardi]

Wow, looks like Trump can't make money in America or Europe.

But he did star in the Apprentice, so he had to have been making some dollars there. Hard to believe that it comes out to nothing more than ~700 dollars of taxes.

He as long standing entrepreneur constantly is Reinvesting his business
incomes.That is how he became a Real Estate Mogul.He also had some
bad years where he had to declare bankruptcy.Plus the real question is
WHO at the N.Y.Times broke the law and released his Tax records.That is
against the law.No American Citizen should be allowed to have their tax
records released publically w/o express permission.

 

[Ikari]

He as long standing entrepreneur constantly is Reinvesting his business
incomes.That is how he became a Real Estate Mogul.He also had some
bad years where he had to declare bankruptcy.Plus the real question is
WHO at the N.Y.Times broke the law and released his Tax records.That is
against the law.No American Citizen should be allowed to have their tax
records released publically w/o express permission.

I think that Trump is a showman and is balancing failing businesses on loans and tax evasions and the whole thing can come tumbling down with the removal of but one card.

 

[foolardi]

What's the basis for a lawsuit? And why would the NYT settle with Trump when they did nothing you can identify as a crime or otherwise improper. They received some leaked information, and wrote a story about it. All that's protected by the 1A.

The New York Times published the Illegally released Trump Tax Records.
The Times is refusing to name who got those Tax Records.The N.Y.Times
broke the law by publishing w/o permission the Tax records of an American
citizen.Regardless if The POTUS or Nancy Pelosi.
It's like publishing the name of the Parents of an Adopted Child.
It's OFF LIMITS. That Foster adoption needs a judge to sign off on then
seals the Original Birth Certificate.

 

[JasperL]

This is at least the 5th or 6th major claim against Trump in the last 4 years

Lots of innuendo....very little in ways of proof

And what little proof there was on things wasnt enough to convince the American people that he should be out of office

I get it....Trump is a buffoon, and he makes a mockery out of the office of the presidency

He spews crap out of his mouth and his blackberry that makes me cringe.....

He lies repeatedly about the stupidest of things.....and boasts about crap he shouldnt

But this is another in a LONG LINE of hit pieces trying to change the November results....that is all this is

The NYT is using this to try to get Trump to release his information (will never work)

ANd sometime in the distant future, they will be forced to post a retraction....maybe 5 years from now to keep from paying off a HUGE lawsuit

but by then, it wont matter, their job will have been done.....try and convert any voter they can....

I used to have respect for the NYT and WASHPO, and at one point in my life wanted to be one of the best writers

Now....i wouldnt use their papers for bird cage linings

Katherine Graham would be sad for how this has turned out......

There will be no retraction, and certainly there won't be a lawsuit, except a PR lawsuit that Trump likes to file just for the show. He does have a history of that.

And I do wish someone could explain any kind of rationale for the NYT to make up anything related to Trump's taxes. Those are objective, easy to determine, and easily proved - a return was filed, what numbers were on that return, and there's only 1. So if they fabricated something, Trump copies one page of a single return, releases that, and then can beat the NYT and the deep state and liberals about the head and neck at every rally and every Hannity spot through the election. It would be disastrous for the NYT and do nothing but HELP Trump get reelected, by proving to the public how unfair everyone is etc. So the theory that the NYT isn't REALLY confident that what they have and reported on is accurate just makes no sense at any level, and the idea that they'd fabricate these numbers is just downright laughable. This isn't a reported conversation - these are very easy to prove facts. E.g. He either paid $750 in 2017 or he didn't. One page of one return resolves that issue definitively.

 

[JasperL]

The New York Times published the Illegally released Trump Tax Records.
The Times is refusing to name who got those Tax Records.The N.Y.Times
broke the law by publishing w/o permission the Tax records of an American
citizen.Regardless if The POTUS or Nancy Pelosi.
It's like publishing the name of the Parents of an Adopted Child.
It's OFF LIMITS. That Foster adoption needs a judge to sign off on then
seals the Original Birth Certificate.

The leak was likely illegal - I can't see how such a release can be legal.

But the press are protected by the 1A and publish information illegal to otherwise release all the time. Every time the news reports on classified information, they are doing the same act as publishing tax information, and when news orgs do publish classified information, they are not committing a crime. The only exception is the reporter cannot steal the information, but if it's released to them by a source, it's fair game to publish. The Snowden leaks are a good example.

 

[foolardi]

There will be no retraction, and certainly there won't be a lawsuit, except a PR lawsuit that Trump likes to file just for the show. He does have a history of that.

And I do wish someone could explain any kind of rationale for the NYT to make up anything related to Trump's taxes. Those are objective, easy to determine, and easily proved - a return was filed, what numbers were on that return, and there's only 1. So if they fabricated something, Trump copies one page of a single return, releases that, and then can beat the NYT and the deep state and liberals about the head and neck at every rally and every Hannity spot through the election. It would be disastrous for the NYT and do nothing but HELP Trump get reelected, by proving to the public how unfair everyone is etc. So the theory that the NYT isn't REALLY confident that what they have and reported on is accurate just makes no sense at any level, and the idea that they'd fabricate these numbers is just downright laughable. This isn't a reported conversation - these are very easy to prove facts. E.g. He either paid $750 in 2017 or he didn't. One page of one return resolves that issue definitively.

What are you some kind of nut.This isn't about whether or not what the
N..Y.Times wrote was accurate or not.It is not allowed.They Broke the law.
An American citizen has rights.One of which incudes the right to privacy
ESPECIALLY in regards to their Tax Filing.
You mean,you have to have that explained to you.
What were you born in some Barn er what.

 

[tres borrachos]

Got to love right wingers suddenly caring about leaks of information that might have been obtained illegally.

But they LOVE Wikileaks.

 

[tres borrachos]

?? Just because you don't understand tax code....doesn't mean it's not done. I also write off part of my mortgage and car payment too....

You're Canadian.

 

[JasperL]

What are you some kind of nut.This isn't about whether or not what the
N..Y.Times wrote was accurate or not.It is not allowed.They Broke the law.
An American citizen has rights.One of which incudes the right to privacy
ESPECIALLY in regards to their Tax Filing.
You mean,you have to have that explained to you.
What were you born in some Barn er what.

If you want to cite a court case or anything else that found a news outlet committed a crime for releasing tax information or other information illegal to disseminate, such as highly classified information (see, Snowden leaks and the extensive reporting on that), then show your work.

Bottom line is the leak was almost surely illegal, but the NYT can legally report on that information. It's part of the protections of the 1A and it's in fact a good thing on balance. Otherwise, when the government tries to hide wrongdoing through making it classified, and some brave soul leaks it to the world to shine a light on that wrongdoing, that same government could prosecute and jail everyone involved. It's how autocracies work, not free countries.

 

[Rogue Valley]

 

[jmotivator]

what part of the only time an appraiser is called in is for a mortgage? Sorry, but if you willfully value your property at an inflated price to obtain a personal loan, that is fraud....you must not have taken out many personal loans in your life, or you would know that.

That is false. Banks are in the business of making money on loans, especially loans of millions of dollars. When the borrower provides potential collateral to back the loan, it is the job of the lender to do an independent appraisal of the collateral to ensure that the value of the collateral is sufficient for the loan.

Do you honestly think that banks just take your word on declared value of loan collateral. Be honest.

 

[tres borrachos]

If you want to cite a court case or anything else that found a news outlet committed a crime for releasing tax information or other information illegal to disseminate, such as highly classified information (see, Snowden leaks and the extensive reporting on that), then show your work.

Bottom line is the leak was almost surely illegal, but the NYT can legally report on that information. It's part of the protections of the 1A and it's in fact a good thing on balance. Otherwise, when the government tries to hide wrongdoing through making it classified, and some brave soul leaks it to the world to shine a light on that wrongdoing, that same government could prosecute and jail everyone involved. It's how autocracies work, not free countries.

I love the Constitution.