Trump Derangement Syndrome - Orange man bad. Read the OP! (ᴛʜɪs ᴛʜʀᴇᴀᴅ ɪs ʟɪᴋᴇ ᴋɪᴡɪ ғᴀʀᴍs ʀᴇᴠɪᴇᴡs ɴᴏᴡ) 🗿🗿🗿🗿

Oh.

The $750 is a lie. A complete and utter lie.

He OVERPAID $750.

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https://archive.vn/TijWv (14224 in queue)

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Oh, and the NYT apparently got access to Trump employee payroll information, too.
 
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WuTangClan2299 said:
This was totally not planned

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This one's believable, it's literally a calculator widget that performs a simple subtraction with some propaganda text. They could have whipped that one up pretty quickly.

Harvey Danger said:
Bloomberg article here and archive here, since I forgot to link it. You're right, it doesn't have any concrete information, just innuendo about foreign income, and claims that his "level of indebtedness" could lead to someone buying him off.

However, the author was chasing Trump long before he was running for President, and offers this:



So Trump is a broke failure, but also his businesses and finances are actually "robust".
:thinking:

I suspect the person who leaked to the NYT didn't have access to the most recent tax information. They say:



So even if they had some particular policy of his that looks like a National Security risk, it's hard to link it to his finances when they don't actually have the documents from half of that time frame.

Edit: there's a long Twitter thread doing a breakdown of his financial positions, with the conclusion that Trump is $1.1 billion in debt. I don't have time to dig through it right now, if any finance-minded Kiwis want to get a start on it.

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I think he's implying that the answer to "how robust his businesses are" is "As robust as Swiss Cheese". Still odd phrasing.

Jigglyjogglers said:
You also get all of your money back in the form of a tax return.

Y'know they're always whining about Republican voters voting against their own self-interest, and yet consistently you have people like this that hear that rich people can afford to hire attorneys and accountants to pay less taxes than are taken out of their own paychecks, and instead of thinking "Maybe the government should take less of my paycheck" their instant, consistent, and unwavering thought is "The government needs to punish those rich people more". They're literally so vindictive and jealous over this shit that it overrides their usual selfishness to give them zero self interest.
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They actually believe the government needs the money, and uses it to help the country overall. They're that idealistic.
 
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the fall of man said:
Answered earlier in thread but I’ll field these too


I bet you make more than a dollar per year. That plus about 7500 in royalties would give us Trump’s taxes.

HAVING money isn’t taxable, unless you impose a wealth tax. You can have trillions in gold or under your mattress abd those dollars not only aren’t taxable, they don’t contribute to the economy or cause inflation.

The loophole is “don’t make income”, and if you do make income, try to defer it or make it from non-taxable sources. If you have a million dollars, and invest that all in Vanguard’s California municipal mutual bond funds, you will earn about $15/month, but you pay zero tax to anyone. Outside of california you could have made 2%/year on the same investment, about 5k.



Indubitably
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Edit (woops, this was a reply) Mitt Romney in 2012 shows us a very easy way of pulling this off as a rich person- receive postdated shares or shares worth absolutely nothing at the time of receipt as compensation.
The increase in stock price is cap gains, which is taxed at 15% when you sell the stock. And you can performs all kind of grifting with these too - you can start a 501(c)(3) charity, donating your shares to it, that requires you to fly around the world doing good deeds, you can fatten up your 401(k) then roll that 401(k) into another company which you own and whose shares are the only stock the 401(k) is allowed to purchase, then spend that business income on “marketing”, etc.

Vast sums of money (on paper) are technically worth nothing. Until they’re not.
 
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The Last Stand said:
So Trump is cash poor, but wealthy through assets, businesses, hidden accounts, and other rich person trickery?
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Exactly, rich people aren't rich because they have liquidity, they're rich because they have assets and make wealth out of existing wealth. AKA they make money work for them.
 
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DanteAlighieri said:
Exactly, rich people aren't rich because they have liquidity, they're rich because they have assets and make wealth out of existing wealth. AKA they make money work for them.
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Trump poor should be a term. I'd rather be Trump poor than average person poor.

I do feel it's a bit hypocritical that he boasts he "loves America" but circumvents his way to paying taxes. Taxes which should go to the betterment of American society and communities. I'm sure the average person would love these tax avoidance methods.

However, it's not like politicians are using tax money to improve the status of the communities they're in charge of. See California.
 
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The Last Stand said:
I do feel it's a bit hypocritical that he boasts he "loves America" but circumvents his way to paying taxes. Taxes which should go to the betterment of American society and communities.
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If governments didn't waste money on any number of disastrous or contemptible things I would be more amenable to this kind of sentiment, but government hasn't been "for the people" in quite a while. I believe it's patriotic to give as little to the government as possible, partially because I'm a libertarian and partially because they waste it. Charities and schools are much more deserving of funding.
 
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DanteAlighieri said:
Charities and schools are much more deserving of funding.
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Nothing wrong with that, just the people managing that goodwill money aren't always the well intended. I would say have recipients or an overseer to verify that said money is being used as it's intended.
 
The Last Stand said:
Nothing wrong with that, just the people managing that goodwill money aren't always the well intended. I would say have recipients or an overseer to verify that said money is being used as it's intended.
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I give to the people I consider good and won't give to those I consider bad. I don't presume to be better than anyone else (except communists) so what people do with their money is no concern of mine, as long as no property rights are violated.
 
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People are in a snit because Trump's accountant took some business credits. You know why Congress puts business credits in the tax code? To encourage businesses to do certain things, and give them a reward for doing so. And it's not just businesses. Individuals get all kinds of credits and deductions, too. The tax code is a means of directing behavior, Trump just did what the government wanted him to. Anyone who took an education credit for the women's studies degree, or deducts their 401k contributions, has no standing to criticize Trump for playing the same game.
 
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Several signs were posted downtown with anti-police messages and calling for the death of President Donald Trump, according to police.

“If I had to estimate how many there were, probably somewhere in the neighborhood of 50,” said Anthony Prezioso, the Westport police spokesman.

Around four to six signs were posted in certain spots throughout downtown, Prezioso said. The signs were reported early Sunday morning and have since been taken down.

“We were made aware of it and we are actively investigating it,” Prezioso said. “In terms of the messaging it was anti-police and anti-Trump type of stuff.”

Prezioso said while police are on the alert for the usual political signage thefts during election season, he had never seen this.


“This is different from that,” Prezioso said. “It’s concerning. Most of the message though is pretty vague and general. It’s not necessarily overly specific.”

One sign read, “This town is ours. Kill Trump. Fight the white.” Others said, “The only good cop is a dead cop.” Prezioso said some signs had the symbol of the Worker’s Party of Korea, which is the ruling political party of the North Korean government.



“Although obviously a very strange addition, I cannot even begin to speculate as to why this was include on these postings,” Prezioso said.
The threatening signage also caused concern for some residents.
“I think it’s disrespectful,” Sal Liccione, a Church lane resident and RTM member, said. “Whoever it is should be prosecuted to the fullest extent.”

But Prezioso said it appeared whoever posted the signage looked to find the most controversial statement to put up in large quantities to draw attention.
“We feel like we have the community support here,” Prezioso said. “We certainly work hard to earn the community’s trust and to earn that support.”
He said although the investigation is ongoing, he’s not aware if other towns in the area are seeing similar signs pop up.
“These signs seem to be unique to Westport, but that could of changed since yesterday,” Prezioso said. “But to the best of my knowledge ... I’m not aware this is an issue anywhere else or anything exactly like this is anywhere else.”
 
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The Last Stand said:
I do feel it's a bit hypocritical that he boasts he "loves America" but circumvents his way to paying taxes. Taxes which should go to the betterment of American society and communities.
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He donates his $400,000 yearly presidential salary back to the government:
According to news coverage and White House news releases, Trump has written checks equal to a quarter of his $400,000 annual salary every quarter to various government agencies:

2017
2018
2019
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source
 
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