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Unread 08-05-2019, 05:11 PM
red red robbo
 
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Quote:
Originally Posted by Chris Quayd
Sounds like he's saying he ran businesses at a loss to avoid paying some taxes and would use that as leverage to re-negotiate loans, don't think that would count as fraud.
I'm sure he could show it isn't actually illegal. Is it the sort of moral compass you want for a head of state though?

Who am I kidding MAKE AMERICA GREAT AGAIN!
 
Unread 08-05-2019, 05:15 PM
Chris Quayd
 
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Quote:
Originally Posted by red red robbo
I'm sure he could show it isn't actually illegal. Is it the sort of moral compass you want for a head of state though?

Who am I kidding MAKE AMERICA GREAT AGAIN!
Not sure if it's immoral, plenty of businesses make investments to show yearly losses and defer/avoid taxes. What the IRS loses in corporate/income tax the economy gains in investment.
 
Unread 08-05-2019, 05:16 PM
BarryX
 
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His base won't give a flying fuck IMHO. He really is the Teflon Don - quite remarkable.
 
Unread 08-05-2019, 06:36 PM
armchair
 
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Quote:
Originally Posted by BarryX
His base won't give a flying fuck IMHO. He really is the Teflon Don - quite remarkable.
a flying fuck about what? this was pretty much public knowledge.


 
Unread 08-05-2019, 08:16 PM
BarryX
 
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Well, it is today's headline news in the US and his tweeted response could be taken by some as condoning tax evasion (you always wanted to show losses for tax purposes...it was a sport).

I actually like the honesty, who doesn't do that, but at the same time, what does it say to the working man and woman who can't avoid paying their tax? If he was still a businessman, fair enough, but he's supposed to be the leader of the country.
 
Unread 08-05-2019, 08:33 PM
armchair
 
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think you've confused tax evasion with tax avoidance

one is illegal, one isn't.

the sport he was talking about was renegotiating loans with banks.
 
Unread 08-05-2019, 08:43 PM
BarryX
 
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Quote:
Originally Posted by armchair
think you've confused tax evasion with tax avoidance

one is illegal, one isn't.

the sport he was talking about was renegotiating loans with banks.
A fair point. As have previously mentioned, my last visit to Trump's America was the best experience I've had in years, so I have no gripes with the man.
 
Unread 08-05-2019, 08:49 PM
armchair
 
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Quote:
Here’s a side by side of what Trump said in the monologue in 2004 with what the Times report said 15 years later.

Trump, 2004: “It wasn’t always so easy. About 13 years ago, I was seriously in trouble. I was billions of dollars in debt.” Times, 2019: “The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.”

Trump, 2004: “But I fought back and I won big league. I used my brain. I used my negotiating skills. And I worked it all out.” Times, 2019: “Mr. Trump’s 2005 returns … showed that by then he had significant sources of income and was paying taxes.”

Trump, 2004: “Now my company’s bigger than it ever was, stronger than it ever was and I’m having more fun than I ever had. I’ve mastered the art of the deal and I’ve turned the name Trump into the highest quality brand.” Times, 2019: “Mr. Trump built a business licensing his name, became a television celebrity and ran for the White House by branding himself a self-made billionaire.
https://www.washingtonexaminer.com/o...the-apprentice

I find it interesting the way people reacted to the nyt story like it was something new. There's been a ton of docs/articles saying very similar stuff.

It's the intro to the apprentice. People were aware of what he is.

 
Unread 16-05-2019, 03:18 PM
Albert Tatlock
 
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How to get a pardon...

Quote:
Trump pardons fraudster Conrad Black after glowing biography

Donald Trump has pardoned Conrad Black, the former media mogul who owned the Daily Telegraph and the Spectator before being jailed for fraud, shortly after he wrote a book praising the US president.

Black, a Canadian-born British citizen, was once known for his extravagant lifestyle as he ran an international newspaper empire that included the Chicago Sun-Times and the Jerusalem Post. But he ended up serving three and a half years in prison after he was convicted in 2007 of siphoning off millions of dollars from the sale of newspapers owned by the company he controlled.

Since leaving jail Black, who is a British peer, has been on a quest to clear his name. Last year he published a book entitled Donald J Trump: A President Like No Other, writing that Trump “is not, in fact, a racist, sexist, warmonger, hothead, promoter of violence, or a foreign or domestic economic warrior”. He suggested the president had been misunderstood.
https://www.theguardian.com/business...ex-media-mogul
 
Unread 19-05-2019, 10:39 PM
waynes ear's
 
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The Don
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