cancel
Showing results for 
Search instead for 
Did you mean: 
sdholloway56
Senior Advisor

Summation of NYT

“Either a very bad businessman or a tax cheat. Likely both.”

The Cult is still planning to live forever with him on Comet Hale-Bopp but will make it harder to dig out of a deep hole.

3 Replies
jennys_mn
Veteran Advisor

Re: Summation of NYT


@sdholloway56 wrote:

“Either a very bad businessman or a tax cheat. Likely both.”


Both.   A person that lies like Trump does, would have no issues with cheating the system.   He has made a mockery of the tax system in the past - saying how stupid the IRS was.  

Trump’s day of reckoning is coming - question is if he will be able to do his normal MO - kick the can a bit farther down the road. Will he be able to kick the can, until he does?

Republicans can’t win an election, without lying.......

Jen

sdholloway56
Senior Advisor

Re: Summation of NYT

He bought a piece of land in Westchester County in the 90s for $2.7M but then failed to get zoning for a golf course.

In 2005 he donated it to the State for a park and wrote off $100M.

It had probably appreciated some in a decade. That's a common game, and you can probably even push the envelope on those a little. But not that much.

I think the $73M dispute with the IRS is part of that.

RJG640v8
Advisor

Re: Summation of NYT

and this ......

 

  • A New York Times investigation into President Donald Trump's tax filings found that from 2010 to 2018, Trump wrote off about $26 million in unexplained consulting fees.
  • Among them was $747,622 written off by the Trump Organization, the same amount his daughter Ivanka Trump reported receiving in consulting fees, according to The Times.
  • The payment appeared to be related to managing hotel deals that were already part of her job, according to the newspaper. Reporters matched the number to one his daughter disclosed when she joined the White House in 2017.