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Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Desperate derpers ()
Date: October 02, 2016 12:01AM


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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: dhNdP ()
Date: October 02, 2016 12:18AM

How does taking a legit loss make it 'over?'

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Scandinavia Bound ()
Date: October 02, 2016 12:29AM

Baement Dwellers? Nice!

In one segment of the leaked audio, Hillary focused on her opponent at the time, Bernie Sanders, was pointed to successful programs in Scandinavia which provide universal daycare, family leave, and government sponsored healthcare and college education, as policies that he would seek to adopt. "Progressive" Hillary mocked the compared idea of "free college, free healthcare" to the "extreme" ideas promulgated by the right, which include "populism, nationalism and xenophobia."

It is important to recognize what’s going on in this election. Everybody who’s ever been in an election that I’m aware of is quite bewildered because there is a strain of, on the one hand, the kind of populist, nationalist, xenophobic, discriminatory kind of approach that we hear too much of from the Republican candidates. And on the other side, there’s just a deep desire to believe that we can have free college, free healthcare, that what we’ve done hasn’t gone far enough, and that we just need to, you know, go as far as, you know, Scandinavia, whatever that means, and half the people don’t know what that means, but it’s something that they deeply feel. So as a friend of mine said the other day, I am occupying from the center-left to the center-right. And I don’t have much company there. Because it is difficult when you’re running to be president, and you understand how hard the job is — I don’t want to overpromise. I don’t want to tell people things that I know we cannot do.

Clinton then went on to explain why she felt so many Democratic voters, many of whom "live in their parents' basement" were gravitating to Sanders. Ironically, for a presidential candidate that touts the economic recovery the US is going through, she admits these "children of the Great Recession" don't see much of a future...

Some are new to politics completely. They’re children of the Great Recession. And they are living in their parents’ basement. They feel they got their education and the jobs that are available to them are not at all what they envisioned for themselves. And they don’t see much of a future.

http://www.zerohedge.com/news/2016-09-30/hacked-recording-hillary-mocks-bernie-supporters-living-their-parents%E2%80%99-basement

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Libtardz! Lolz! ()
Date: October 02, 2016 01:12AM

dhNdP Wrote:
-------------------------------------------------------
> How does taking a legit loss make it 'over?'

It doesn't. Libtards are scared and desperate.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Desperate Derpers ()
Date: October 02, 2016 01:13AM

dhNdP Wrote:
-------------------------------------------------------
> How does taking a legit loss make it 'over?'

LOL! Keep telling yourself that!

There IS a Santa Claus! And Trump WILL make America Great Again!

Bwaa! Ha! Ha!

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Libtards are getting desperate ()
Date: October 02, 2016 01:17AM

Desperate Derpers Wrote:
-------------------------------------------------------
> dhNdP Wrote:
> --------------------------------------------------
> -----
> > How does taking a legit loss make it 'over?'
>
> LOL! Keep telling yourself that!
>
> There IS a Santa Claus! And Trump WILL make
> America Great Again!
>
> Bwaa! Ha! Ha!
Attachments:
its-afraid-1401101.png

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Y90 ()
Date: October 02, 2016 01:23AM

Desperate Derpers Wrote:
-------------------------------------------------------
> dhNdP Wrote:
> --------------------------------------------------
> -----
> > How does taking a legit loss make it 'over?'
>
> LOL! Keep telling yourself that!
>
> There IS a Santa Claus! And Trump WILL make
> America Great Again!
>
> Bwaa! Ha! Ha!

Another idiot living in his parents basement. Just as Hillary described.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: #whinylittlebitch ()
Date: October 02, 2016 07:52AM

Every dollar that this tax cheat doesn't pay is a dollar that you and I pay.

Breaking October Surprise: New York Times Obtains Trump Tax Records
http://www.redstate.com/patterico/2016/10/01/breaking-october-surprise-new-york-times-gets-trump-tax-records/
Attachments:
Lying.jpg

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: And I don't even like Trump ()
Date: October 02, 2016 09:21AM

#whinylittlebitch Wrote:
-------------------------------------------------------
> Every dollar that this tax cheat doesn't pay is a
> dollar that you and I pay.
>


Unless he lied on his taxes, what you post is, per usual, vapid, uninformed nonsense. Apple wrote of several billion dollars 3 years ago. They write off billions every year. So does Alphabet, Microsoft and just about every other big business. Trump's business is private and he and his family own it.

Nothing but liberal spin. Just like the spin from the right on Hillary's comments on Bernie supporters. She was pretty much right on target on what she said. Stupid college kids think everything comes from the government - just as they've been taught since kindergarten in our government schools by government teachers. BTW, Romney was right as well about the 47%.

Sheeple on both sides.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Good Times ()
Date: October 02, 2016 09:39AM

Ah, remember this Hillary scandal?

Hillary Clinton Turned $1,000 Into $99,540, White House Says

By STEPHEN LABATON,
Published: March 30, 1994

WASHINGTON, March 29— The White House said today that in 1978 Hillary Rodham Clinton invested $1,000 in commodities futures and that the investment grew in 10 months of trading in the notoriously volatile market into a gain of nearly $100,000.

Seeking to dispel suggestions that the trades were risk-free and improperly arranged by an Arkansas lawyer who represents one of the state's most powerful companies, the White House issued a statement this afternoon that said the First Lady had put up her own money and that she bore all of the financial risks in a marketplace where three out of four investors lose money.

The officials also released a year's worth of brokerage statements from one of Mrs. Clinton's two accounts. They show winnings outrunning losses about three-to-one. 'Too Nerve-Racking'

Senior advisers to President Clinton and his wife said in a briefing this afternoon at the White House that Mrs. Clinton based her trades on information in The Wall Street Journal, and that she stopped trading by 1980, despite her success, because, as one senior aide put it, "she did not have the stomach for it any more and found it to be too nerve-racking."

The string of winning trades began in October 1978, as Mr. Clinton, then the state's Attorney General, was leading in polls in the race for Governor.

The White House insisted today that Mrs. Clinton received no improper financial assistance on the trades from the lawyer, James B. Blair, a close friend who at the time was the top lawyer for Tyson Foods of Springdale, Ark., the nation's biggest poultry company. Mr. Blair has said that he had suggested that she get into the commodities market, and that he used his knowledge of trading to guide her along the way.

During Mr. Clinton's tenure as Governor, Tyson benefited from several state decisions, including favorable environmental rulings, $9 million in state loans, and the placement of company executives on important state boards.

Mr. Blair and the Clintons denied any favoritism or conflict of interest when the trades were first reported earlier this month.

The commodities trades were the most successful investment the Clintons ever made. The nearly $100,000 profit enabled them to buy a house, invest in securities and real estate and provide a nest egg for their daughter, Chelsea.

In its statement, the White House said Mrs. Clinton accumulated trading profits of $49,069 in 1978 and losses of $22,548, for a net gain of $26,541. In 1979, the White House said, she had trading profits of $109,600 and losses of $36,600, for a net gain of about $73,000.

Mrs. Clinton did a small amount of commodities trading in a second account through her stockbroker at Stephens Inc. in Little Rock, Ark. In that account, according to officials, she had a net trading loss of about $1,000; she closed the account in March 1980, shortly after Chelsea was born.

The release of the trading documents today and tax returns made public on Friday show that in 1978 and 1979 the Clintons took on two high-risk investments with little money down but with Arkansas business figures as advisers or partners. One was the commodities trades.

The other was the Whitewater development. The tax returns released on Friday show the Clintons making a $500 investment as their total capital contribution to the Whitewater Development Company, a real estate venture in the Ozarks.

Their partner in the venture was a close friend, James B. McDougal, who later became a banker whose savings and loan was subject to broad state regulation. Critics of the Clintons have asserted that Mr. McDougal, who guaranteed a $200,000 loan taken out by the partnership, carried the brunt of the risk on the Whitewater venture.

The Clintons say that they ultimately lost about $42,000, mostly from interest payments, in Whitewater. But their relationship with Mr. McDougal is now being investigated by the independent counsel, Robert B. Fiske Jr., who is examining whether Mr. McDougal's savings and loan improperly diverted money into Whitewater or into Mr. Clinton's 1984 campaign for government.

Mr. Fiske said today that he could not comment on whether he would look into the commodities trades. But his charter is written broadly enough to enable him to examine the trades if he decided they were relevant. 'Bull Market' in Cattle

Brokers and commodities officials differed today in their assessment of the account given by the White House.

Jack F. Sandner, chairman of the Chicago Mercantile Exchange, a hub of commodities trading, said that such profits were not unusual during the cattle futures market of the late 1970's, which he described as one of the most booming ever.

"At the time the First Lady was trading, it happened to coincide with the biggest bull market in the history of cattle," he said. "When you are lucky enough to catch a dramatic market, you can take $1,000 and scale up and you can make a million. If somebody said they made a million dollars, I wouldn't be surprised at all."

But Bill Biederman, vice president of research at Allendale Inc., a research and brokerage firm in suburban Chicago, said such huge winnings are very unusual in the risky commodities market. "It is possible but it is rare," he said. "This has happened just a few times in my career, where I've made millions on a small amount of money." He said it was also unusual for a customer to abandon the markets after such a profitable run.

In commodities trading, a speculator essentially bets on whether the future price of a commodity will rise or decline, and the White House said today that Mrs. Clinton's investments were in cattle, soybeans, sugar, hogs, copper and lumber. Brokers in the Refco office have said that most of her profits were in cattle futures.

Many of her trades were done on margin, a common practice of investing by using borrowed funds. But regulators and traders said today that most brokers required customers trading on margin to put up additional collateral in case there are sudden losses.

"They would want some kind of a minimum until such time as a customer establishes a track record," said David Gary, a spokesman for the Commodity Futures Trading Commission.

Joseph Collins, a lawyer for Refco, said that with the passage of time it is difficult to determine whether the Springdale office had such a rule. But he said that generally the decision whether or not to take on a customer with limited resources would be up to the individual broker. Consulting Blair

White House officials acknowledged today that Mr. Blair was consulted on many of the commodities trades and was viewed as an important financial adviser, but they said other people, who they could not identify, were also consulted. A senior aide to Mrs. Clinton also said today that she occasionally spoke to her broker about the trades.

But brokers in the Springdale office of Refco where Mrs. Clinton executed the trades, including the one she describes as her personal broker, said in interviews in recent weeks that they have no recollection of ever talking with her about the trades.

Mrs. Clinton and Mr. Blair have said that they used Robert L. (Red) Bone, the broker who founded the Springdale office of Refco, a Chicago commodities firm, to execute the trades. But Mr. Bone, who worked at Tyson for 13 years until 1973, insisted in several interviews this month that he has no recollection of ever trading for Mrs. Clinton or talking to her about commodities trades.

"I can't recall ever dealing with the Clintons," Mr. Bone said in an interview on March 9. After Mr. Blair suggested that Mr. Bone was trying to protect the Clintons' privacy and recommended that a reporter try to talk to the broker again, Mr. Bone again insisted that he had no recollection of ever trading for the Clintons. Mr. Bone could not be reached for comment tonight.

During the 1970's, Mr. Bone had been disciplined by regulators and settled charges that he tried to corner the egg market and that he had failed to keep proper records. Those accusations did not involve Mrs. Clinton's account. Mr. Bone's lawyer in both the regulatory proceedings and other legal disputes over the last 15 years has been Mr. Blair.

According to the White House, Mrs. Clinton's commodity account was a type in which the client must personally approve each trade.

Thomas A. Russo, a New York lawyer who was the Commodity Futures Trading Commission's first director of trading and markets, said the only possible exception to this rule arises when a client grants power of attorney to a third party and allows them to order trades.

The rules in effect at the time, Mr. Russo said, otherwise required clients to specify the commodity, the price range and the amount. The only matter that could be left to the broker in such a circumstance is the precise timing of the order, he said.

Mr. Blair earlier this month said that he and Mrs. Clinton discussed potential trades; he said he gave her advice on whether to bet on prices rising or falling and she decided on the size of the trades. Omitted Details

Tax returns disclosed last Friday show that the Clintons claimed about $100,000 in capital gains from the trades. The returns, which the Clintons had declined to disclose during the campaign, were made public only after a New York Times article on March 18 revealed that the Clintons had made the commodities profits. But in the tax returns the Clintons ignored Internal Revenue Service instructions to detail how much money was invested, how much was earned and on what dates the trades occurred.

Today the White House released brokerage statements that show many of the trades. The statements appear on an account that spells Mrs. Clinton's first name wrong and begin with an entry for cash for $1,000 on Oct. 11, 1978.

The White House said today that it released the information on Mrs. Clinton's stake in response to a Newsweek article published on Monday that quoted a Columbia University law professor as saying that Mrs. Clinton's investments were financially supported by Mr. Blair and could be considered to be a gift. The professor, Marvin A. Chirelstein, denied making such a statement.

Evan Thomas, Washington bureau chief of Newsweek, said today that the report had been the result of "an honest mistake and we regret that."
Correction: April 1, 1994, Friday An article on Wednesday about Hillary Rodham Clinton's profits from commodity trading in the 1970's misstated the nature of margin trades in commodities. Trading on the margin in commodities means putting down a small percentage of the value of the contract as a deposit on the contract, not buying the contract with borrowed money.


http://www.nytimes.com/1994/03/30/us/hillary-clinton-turned-1000-into-99540-white-house-says.html?pagewanted=all

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Trumpfuck sucks ()
Date: October 02, 2016 10:31AM

Nobody who ever took a $916 million tax loss is any friend of the common man.

Nobody who ever took a $916 million tax loss in addition to having filed four separate bankruptcies is fit to be any kind of financial steward ever again.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: double entry ()
Date: October 02, 2016 10:32AM

The Trump supporters are really desperate mow.

The question is how a self-proclaimed great businessman lost $900M in one year. Part of that is accounting tricks, but part of it is real losses. You have to ask yourself how his business "acumen" will translate. Will he balance the budget by giving taxpayers 70% of the tax refund they are owed? Will he h=give social security recipients 70% of what they are owed? That is what he does with contractors. Will China and Russia bail us out the way the IRS bails him out?

His handlers are now rushing t0 say that the tax code is flawed (it is) and that Trump is the one many who can fix it (he isn't and he won't).

He could have released his tax returns long ago and handled the furor quickly, but his arrogance would not allow it.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: #whinylittlebitch ()
Date: October 02, 2016 11:10AM

Show us the returns!
Show us the returns!
Show us the returns!
Show us the returns!
Show us the returns!


Attachments:
Degrasse_Tyson.jpg

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: You may not like it ()
Date: October 02, 2016 11:38AM

The man has been audited countless times. No charges.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Hillary is still worse ()
Date: October 02, 2016 12:02PM

double entry Wrote:
-------------------------------------------------------
> The Trump supporters are really desperate mow.
>
> The question is how a self-proclaimed great
> businessman lost $900M in one year. Part of that
> is accounting tricks, but part of it is real
> losses. You have to ask yourself how his business
> "acumen" will translate. Will he balance the
> budget by giving taxpayers 70% of the tax refund
> they are owed? Will he h=give social security
> recipients 70% of what they are owed? That is
> what he does with contractors. Will China and
> Russia bail us out the way the IRS bails him out?
>
>
> His handlers are now rushing t0 say that the tax
> code is flawed (it is) and that Trump is the one
> many who can fix it (he isn't and he won't).
>
> He could have released his tax returns long ago
> and handled the furor quickly, but his arrogance
> would not allow it.


And yet, he's still better than Hillary, who is actually evil.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: truth hurts ()
Date: October 02, 2016 12:11PM

hillary should be in jail...but banksters protect their ho's...
as for the fake scientist...time will show that all their pay for play lies about climate change were for idiots who fall for the big lie everytime
Attachments:
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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Desperate derpers ()
Date: October 02, 2016 12:23PM

.
Attachments:
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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: idiots abound ()
Date: October 02, 2016 12:25PM

The press is no longer a trusted source of information. They have completely squandered their credibility in pursuit of steering voters away from a candidate they don't like using the flimsiest excuse for professional reporting. A "reporter" found part of a 25 year old tax return, and an account had speculated that Trump may have decided to do subsequent taxed over the next 18 years in a particular way. That is supposed to pass a quality reporting? I'm certain the New York Times put enough "sources said", and "it's possible that" and other ambiguous qualifiers in the article to stave off a liable suit. It's at best laughable. At worst, yellow journalism worthy of Randolph Hearst in his heyday. It's no wonder the nation's newsprint industry has shrunk to historically low levels. They can preach to the left all they like. Most everyone this election cycle has decided long ago who they are voting for. The press won't change that. All they are doing is selling whats left of their souls for a foolish vendetta against someone they don't like, while giving the most corrupt presidential candidate ever a pass. Nice job. While you still have one anyway. Like the younger generation of today who gets their news from social media and other online sources, I will follow suit.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: You're butt hurt ()
Date: October 02, 2016 12:27PM

truth hurts Wrote:
-------------------------------------------------------
> as for the fake scientist...time will show that
> all their pay for play lies about climate change
> were for idiots who fall for the big lie everytime

I'm honestly curious if Tyson is a 'fake scientist', then name some real scientist. And provide evidence why.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: truth sets you free ()
Date: October 02, 2016 12:42PM

very easy to find scientists pointing out the bankster trillion dollar carbon tax liars...do it yourself...damn you brainwashed dems are lazy...

banksters REALLY want the trillion dollar carbon market/taxes...and they are paying millions to presstitutes and scientists desperate for research dollars...

you are being played fool !
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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Hillarity ()
Date: October 02, 2016 12:59PM

Can't forget this one.

Elusive Papers of Law Firm Are Found at White House

By STEPHEN LABATON

After nearly two years of searches and subpoenas, the White House said this evening that it had unexpectedly discovered copies of missing documents from Hillary Rodham Clinton's law firm that describe her work for a failing savings and loan association in the 1980's.

Federal and Congressional investigators have issued subpoenas for the documents since 1994, and the White House has said it did not have them. The originals disappeared from the Rose Law Firm, in which Mrs. Clinton was a partner, shortly before Mr. Clinton took office.

The newly discovered documents are copies of billing records from the Rose firm, where Mrs. Clinton helped represent Madison Guaranty, a savings and loan run by James B. McDougal, the Clintons' business partner in the Whitewater land venture. The originals are still missing. Investigators have been seeking the documents to determine the role Mrs. Clinton played in the firm's representation of the savings and loan.

The Clintons' personal lawyer, David E. Kendall, said tonight that the documents show that the work Mrs. Clinton performed was limited both in time and scope, as she has repeatedly said.

But Representative Jim Leach, the Iowa Republican who heads the House Banking Committee, said he believed the billing records contradict Mrs. Clinton's account of her involvement with Madison, and show that her legal work for the savings and loan was "extensive and detailed."

Senator Alfonse M. D'Amato, Republican of New York, tonight called the discovery of the copies of the records "the second miraculous discovery within the past 24 hours."

Mr. D'Amato, who is chairman of the Senate Whitewater committee, was referring to the disclosure on Thursday of a two-year-old memorandum written by a former Presidential aide. The memorandum said that Mrs. Clinton had played a far greater role in the dismissal of employees of the White House travel office than the Administration has acknowledged.

By their sheer volume -- 115 pages -- and the variety of contacts and conferences they document, the Rose billing records raise new questions about Mrs. Clinton's account of her work that are likely to give new impetus to investigations in Congress and by Federal prosecutors.

For example, the records, which refer to Mrs. Clinton at various points as H.R.C., Hillary Clinton or H. Clinton, show she billed Madison for more than a dozen discussions with an Arkansas businessman, Seth Ward. Mr. Ward played a leading role in one of Madison's largest losses, a $4 million land deal that regulators later criticized the Rose firm for helping structure. Mr. Ward is the father-in-law of the former associate attorney general, Webster L. Hubbell, who was also a partner in the Rose firm.

The release of the records is the latest of several instances in which the Clinton White House has declared a document search to be exhaustive, only to later stumble on important material. For example, White House officials initially said that Vincent W. Foster Jr., the deputy White House counsel, left no indication of why he committed suicide on July 20, 1993. But later, an aide found the remnants of a note describing Mr. Foster's disenchantment with Washington.

Mr. Kendall said the Rose billing records were discovered in the White House on Thursday night by Carolyn Huber, a White House aide and former office manager of the Rose firm. He also said Mrs. Clinton was not aware until today that the records had been in the White House.

Henry F. Schuelke, a lawyer for Mrs. Huber, said tonight that she found the records in a storage area in the third-floor private residence at the White House where unsolicited gifts to the President and First Lady are stored before being sorted and catalogued.

Mr. Schuelke said Mrs. Huber did not know who placed the records in the storage area or how long the material might have been there. "It could have been there for months," he said. "She has no idea how long it was there."

He said she discovered the material after she had brought the documents, along with some of the unsolicited gifts, to her own office in the White House East Wing.

When she examined the documents, Mr. Shuelke said, she realized the materials might be relevant to the various inquiries. Mr. Schuelke said she then called him and alerted Mr. Kendall.

Mr. Kendall declined to say why Mrs. Huber had been going through the files or how the Rose documents could have come into the possession of the White House in the first place. He also declined to answer questions about why they were not discovered sooner.

The White House has said it searched Mrs. Huber's files in 1994 in response to subpoenas.

Last Sunday the statute of limitations expired for a variety of civil lawsuits that may be brought against professionals who fraudulently advised corrupt savings associations. On the same day, the Resolution Trust Corporation, the agency that had supervised the bailout of the savings and loan industry, closed down.

In one of its final acts, the trust corporation issued a report announcing its decision not to bring a civil lawsuit against the President or First Lady for the losses that the Whitewater land venture caused Madison. The savings and loan had provided some of the financing for the failed land venture. The Clintons have cited the report as evidence of complete exoneration in the matter.
Continue reading the main story

But the investigators who wrote the report have said their examination had been hampered by their inability to find the Rose firm billing records.

Congressional and Federal investigators had been searching in vain for the billing records in an effort to reconstruct Mrs. Clinton's role in representing Madison in 1985 and 1986, as the savings and loan was coming under greater financial strain and fearing an upcoming Federal examination.

Government examiners found that the savings and loan, which failed in 1989 at a cost to taxpayers of more than $60 million, was riddled with corruption.

The documents Mrs. Huber found consist of copies of billing invoices to Madison, along with copies of computer printouts that break down which Rose lawyers handled particular matters. The documents are annotated with the red ink handwriting of Mr. Foster, who was also a former Rose partner. It is unclear when Mr. Foster made his annotations. But the computer-generated documents appear to have been printed on Feb. 12, 1992. During the 1992 campaign, Mr. Foster was involved in assisting the Clintons in responding to questions about Mrs. Clinton's role in representing Madison.

Investigators have also been trying to determine whether Mrs. Clinton sought to block Justice Department lawyers from examining files in Mr. Foster's office in the days after his death. White House aides searched the office and brought files to the Clintons' private residence before allowing investigators to look at them.

Mrs. Huber has testified before Congress that she put files from Mr. Foster's office in a closet in the private residence two days after his death.

Mr. Kendall said he knew of no evidence that the copies of the billing records Mrs. Huber found had been in Mr. Foster's office.

During the Presidential campaign and since Mr. Clinton has taken office, Mrs. Clinton has said her involvement with Madison was minimal.

"It was not an area that I practiced in, it was not an area that I really know anything, to speak of, about," she said in an April 23, 1994, news conference, in response to a question about whether she had worked on Madison matters before state regulators appointed by her husband.

Mr. Kendall said tonight that the records would "confirm what we have said all along about the nature and amount of the work done by the Rose Law Firm and Mrs. Clinton for Madison."

The records show that Mrs. Clinton billed for a wide range of legal services on behalf of Madison, including numerous conferences with Madison executives and lawyers in her own law firm. The records also show that Mrs. Clinton reviewed numerous documents at a time when the Rose firm was seeking approval before state regulators for Madison to get a broker-dealer license and to sell preferred stock.

They show that on April 29, 1985, the day before the Rose firm submitted a request for the state securities commissioner to approve a financing plan for Madison, Mrs. Clinton had two telephone conferences totaling one hour. One was with the state securities commissioner who had been appointed three months earlier by then-Governor Clinton. The other was with an associate at the Rose firm, Richard Massey, whom she was supervising. The records do not show the length of the individual calls.

Another billing entry, dated Feb. 17, 1986, shows that Mrs. Clinton worked on a "response to auditors' request," an indication that she and her firm worked with the same auditors that they later sued over their work on Madison.

The records also show that Mr. Massey provided legal advice about a rule that limited Madison's ability to invest in speculative real estate. Examiners later found that Madison executives used Mr. Ward to structure a deal in order to improperly circumvent that rule.

The records show more than a dozen contacts that Mrs. Clinton had with Mr. Ward. They are not clear about what was discussed, but the fact that Mrs. Clinton billed them to Madison shows that they were not connected to whatever other dealings the Rose firm may have had with Mr. Ward, a client of the firm.

One entry indicates that Mrs. Clinton worked on an option agreement that Mr. Ward entered into with Madison in May 1986, in which Madison agreed to pay him $400,000 for a parcel of land.

Mr. McDougal, Madison's founder, has said in an interview in 1992 that he hired Mrs. Clinton's firm at the Governor's request.

By his account, the Governor stopped by the Madison office in Little Rock while jogging one late summer's day in 1984.

"He said they were having a hard time financially," Mr. McDougal recalled. "Bill said, 'Could we give Hillary some legal work?' We got that settled."

The meeting described by Mr. McDougal came at a delicate moment for Madison. Federal examiners had just put the savings and loan under heightened scrutiny because of its deteriorating financial condition. Madison, records show, was already paying another leading Little Rock law firm for legal advice. Nonetheless, the savings and loan began paying the Rose firm $2,000 a month.

Both Clintons have denied Mr. McDougal's account.

http://www.nytimes.com/1996/01/06/us/elusive-papers-of-law-firm-are-found-at-white-house.html

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Desperate Derpers ()
Date: October 02, 2016 01:32PM

truth sets you free Wrote:
-------------------------------------------------------
> very easy to find scientists pointing out the
> bankster trillion dollar carbon tax liars...do it
> yourself...damn you brainwashed dems are lazy...
>

Ok, I have looked. I'm calling bullshit on your statement.
Name the 'real' scientists. I say you can't.

In reality, the burden of proof is on you.

I will gladly post links to studies and proclamations from thousands of scientists.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: phelpsmarc ()
Date: October 02, 2016 02:12PM

Not only did the Post admit it was a legal loophole, if used, they have no evidence that he did, in fact, use it. The headline clearly says he "could" have used the loophole, not that he "did" use it.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Libs R So Full of Bull ()
Date: October 02, 2016 02:41PM

Trump did not write the tax code, Democrats and the GOP did..Over a hundred years.. Hillary and Libs have got nothing.. IF Trump was not legal the IRS would be after his ass way back.


Hillary and The FBI letting 5 people have Immunity is a Real issue. Hillary has broken US National Security Laws She is a dishonest corrupt Liar..


Now get you check books out all you Lib hypocrites.. Write Big Checks to The IRS as GIFT since you like to pay taxes you don't have tp pay..and STFU You have got nothing as usual.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: obvious take ()
Date: October 02, 2016 02:50PM

Well he is under audit

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: ll ()
Date: October 02, 2016 02:55PM

You know that from the moment that Trump first said he might run for president that Obama's IRS has been going through his tax returns with a fine tooth comb. We'd have long ago heard about it if they found anything.

So, now the Dems are on to stuff that, while completely legal, "sounds bad".

PS: I'm 65 and have never voted in my entire life. I refuse to participate in the corruption.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: tax preparer ()
Date: October 02, 2016 03:48PM

26 U.S. Code § 172 - Net operating loss deduction

Current through Pub. L. 114-38. (See Public Laws for the current Congress.)
US Code
Notes
IRS Rulings
prev | next
(a) Deduction allowed
There shall be allowed as a deduction for the taxable year an amount equal to the aggregate of (1) the net operating loss carryovers to such year, plus (2) the net operating loss carrybacks to such year. For purposes of this subtitle, the term “net operating loss deduction” means the deduction allowed by this subsection.
(b) Net operating loss carrybacks and carryovers
(1) Years to which loss may be carried
(A) General ruleExcept as otherwise provided in this paragraph, a net operating loss for any taxable year—
(i) shall be a net operating loss carryback to each of the 2 taxable years preceding the taxable year of such loss, and
(ii) shall be a net operating loss carryover to each of the 20 taxable years following the taxable year of the loss.

this is very common in business large and small, yes even for self employed people

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Uh huh... ()
Date: October 02, 2016 04:04PM

phelpsmarc Wrote:
-------------------------------------------------------
> Not only did the Post admit it was a legal
> loophole, if used, they have no evidence that he
> did, in fact, use it. The headline clearly says he
> "could" have used the loophole, not that he "did"
> use it.

Well if he didn't, he'd really be stupid, wouldn't he. Trump submits thousands of pages in tax return minutiae but forgets to use a loophole so big you could drive a truck through it. Sure.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: phelpsmarc ()
Date: October 02, 2016 04:10PM

Uh huh... Wrote:
-------------------------------------------------------
> phelpsmarc Wrote:
> --------------------------------------------------
> -----
> > Not only did the Post admit it was a legal
> > loophole, if used, they have no evidence that
> he
> > did, in fact, use it. The headline clearly says
> he
> > "could" have used the loophole, not that he
> "did"
> > use it.
>
> Well if he didn't, he'd really be stupid, wouldn't
> he. Trump submits thousands of pages in tax return
> minutiae but forgets to use a loophole so big you
> could drive a truck through it. Sure.

Well, even if he used it it was legal. It's a non-story. But, the Post puts it on the front page like it's some bombshell.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: forensic accounting ()
Date: October 02, 2016 04:14PM

ll Wrote:
-------------------------------------------------------
> You know that from the moment that Trump first
> said he might run for president that Obama's IRS
> has been going through his tax returns with a fine
> tooth comb. We'd have long ago heard about it if
> they found anything.
>
> So, now the Dems are on to stuff that, while
> completely legal, "sounds bad".
>
> PS: I'm 65 and have never voted in my entire
> life. I refuse to participate in the corruption.

It is for the best that you never voted. This has nothing to do with the IRS. In fact, one of the big stories (if you had been paying attention) was how many safeguards the IRS has and how successful they have been. Anyone even looking at Trump's returns who was not supposed to would be flagged. Your paranoia is a product of a feeble, uninformed mind.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Derpers gonna derp ()
Date: October 02, 2016 04:29PM

Even if it was legal. It IS an issue. He's once again, lying and grossly hypocritical.

On Fox and Friends July 18, 2011...
"Well, I don’t mind sacrificing for the country to be honest with you. But you know, you do have a problem because half of the people don't pay any tax. And when he's talking about that he's talking about people that aren't also working, that are not contributing to this society. And it's a problem. But we have 50 percent. It just hit the 50 percent mark. Fifty percent of the people are paying no tax."

http://www.motherjones.com/politics/2016/10/donald-trump-taxes-50-percent-Americans-dont-pay

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Charity Hillarity ()
Date: October 02, 2016 04:45PM

Hillary's Tax Problem.

"...Some experts in charity law and taxes said it was not remarkable for a charity to refile an erroneous return once in a while, but for a large, global charity to refile three or four years in a row was highly unusual...."

By Jonathan Allen | NEW YORK

Hillary Clinton's family's charities are refiling at least five annual tax returns after a Reuters review found errors in how they reported donations from governments, and said they may audit other Clinton Foundation returns in case of other errors.

The foundation and its list of donors have been under intense scrutiny in recent weeks. Republican critics say the foundation makes Clinton, who is seeking the Democratic presidential nomination in 2016, vulnerable to undue influence. Her campaign team calls these claims "absurd conspiracy theories."

The charities' errors generally take the form of under-reporting or over-reporting, by millions of dollars, donations from foreign governments, or in other instances omitting to break out government donations entirely when reporting revenue, the charities confirmed to Reuters.

The errors, which have not been previously reported, appear on the form 990s that all non-profit organizations must file annually with the Internal Revenue Service to maintain their tax-exempt status. A charity must show copies of the forms to anyone who wants to see them to understand how the charity raises and spends money.

The unsettled numbers on the tax returns are not evidence of wrongdoing but tend to undermine the 990s role as a form of public accountability, experts in charity law and transparency advocates told Reuters.

"If those numbers keep changing - well, actually, we spent this on this, not that on that - it really defeats the purpose," said Bill Allison, a senior fellow at the Sunlight Foundation, a government transparency advocacy group.

For three years in a row beginning in 2010, the Clinton Foundation reported to the IRS that it received zero in funds from foreign and U.S. governments, a dramatic fall-off from the tens of millions of dollars in foreign government contributions reported in preceding years.

Those entries were errors, according to the foundation: several foreign governments continued to give tens of millions of dollars toward the foundation's work on climate change and economic development through this three-year period. Those governments were identified on the foundation's annually updated donor list, along with broad indications of how much each had cumulatively given since they began donating.

FOUNDATION DEFENDS TRANSPARENCY

"We are prioritizing an external review to ensure the accuracy of the 990s from 2010, 2011 and 2012 and expect to refile when the review is completed," Craig Minassian, a foundation spokesman, said in an email.

The decision to review the returns was made last month following inquiries from Reuters, and the foundation has not ruled out extending the review to tax returns extending back 15 or so years.

Minassian declined to comment on why the foundation had not included the necessary break-down of government funding in its 990 forms. He said it was rare to find an organization as transparent as the foundation.

"No charity is required to disclose their donors," he said. "However, we voluntarily disclose our more than 300,000 donors and post our audited financial statements on our website along with the 990s for anyone to see."

Separately, the Clinton Health Access Initiative (CHAI), the foundation's flagship program, is refiling its form 990s for at least two years, 2012 and 2013, CHAI spokeswoman Maura Daley said, describing the incorrect government grant break-outs for those two years as typographical errors.

CHAI, which is best known for providing cheaper drugs for tens of thousands of people with HIV around the world, began filing separate tax returns in 2010, and has previously refiled at least once both its 2010 and 2011 form 990s. For both those years, CHAI said its initial filings had over-reported government grants by more than $100 million.

Some experts in charity law and taxes said it was not remarkable for a charity to refile an erroneous return once in a while, but for a large, global charity to refile three or four years in a row was highly unusual.

"I've never seen amendment activity like that," said Bruce Hopkins, a Kansas City lawyer who has specialized in charity law for more than four decades, referring to the CHAI filings.

Clinton stepped down from the foundation's board of directors this month but her husband, Bill Clinton, and their daughter, Chelsea Clinton, remain directors.

The foundation said last week after Hillary Clinton became a candidate that it would continue to accept funding from foreign governments, but only from six countries that are already supporting ongoing projects. CHAI will also continue to receive foreign government funding, again with additional restrictions.

Nick Merrill, Clinton's spokesman, has declined to answer inquiries about the foundation and CHAI.

http://www.reuters.com/article/us-usa-election-clinton-taxes-exclusive-idUSKBN0NE0CA20150423

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: he Lost a billion dollars ()
Date: October 02, 2016 06:12PM

If he is such a genius for not ever paying Federal Income Taxes like the rest of us, why has he been hiding that fact for the whole campaign? Why not say 'Im smart and I never pay Federal Taxes?'

Truth is you have to lose a billion to be able to write off $50 million per year for 20 years - he Lost a billion dollars. If that is smart I guess I dont understand.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: idiots abound ()
Date: October 02, 2016 07:32PM

Of course you don't understand. That's why he's a billionaire and your not. Me either. I do small business deals in comparison by far. Every deal has a certain amount of risk. The bigger the potential gain, the bigger the risk. I've won some. I've lost some. I've walked away from a few because even though the gain was of high potential, I wasn't willing or able to take the risk necessary. Trump has risked much over the years on many high profile ventures. He has done very well over all. He's taken his lumps when he's failed. That should be a point to be respected, not held in contempt. Maybe if he blamed his missteps on memory loss due to health problems. Maybe if he just said "what does it matter". Maybe if he slept through a terrorist attack, refused to send help and five of his employees were brutally tortured and murdered. But, I regress. Trump has had a notable career, and has generated many jobs and billions in infrastructure and tax revenue. I have no complaints about his conduct in business matters. Take your best shot. I'm not impressed.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Ying Ko ()
Date: October 02, 2016 07:49PM

idiots abound Wrote:
-------------------------------------------------------
> Of course you don't understand. That's why he's a
> billionaire and your not. Me either. I do small
> business deals in comparison by far. Every deal
> has a certain amount of risk. The bigger the
> potential gain, the bigger the risk. I've won
> some. I've lost some. I've walked away from a few
> because even though the gain was of high
> potential, I wasn't willing or able to take the
> risk necessary. Trump has risked much over the
> years on many high profile ventures. He has done
> very well over all. He's taken his lumps when he's
> failed. That should be a point to be respected,
> not held in contempt. Maybe if he blamed his
> missteps on memory loss due to health problems.
> Maybe if he just said "what does it matter". Maybe
> if he slept through a terrorist attack, refused to
> send help and five of his employees were brutally
> tortured and murdered. But, I regress. Trump has
> had a notable career, and has generated many jobs
> and billions in infrastructure and tax revenue. I
> have no complaints about his conduct in business
> matters. Take your best shot. I'm not impressed.


No offense but you don't seem much of a business man. You have a misguided sense for a role model.

"Donald Trump traveled an old-fashioned route to fortune.

As he explained when he announced his bid for the 2016 Republican nomination for president:

“I made it the old-fashioned way. It’s real estate. You know, it’s real estate.”

While Trump did have a big head start — his father, Fred, was a multimillionaire New York real estate developer — there’s no doubt The Donald has created a fortune of his own. But if he’d stopped working 30 years ago, he could have done much better.

All he had to do was shift away from real estate and park his money in the same place that you can: an unmanaged stock index fund."

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: None So Blind ()
Date: October 02, 2016 07:54PM

idiots abound Wrote:
-------------------------------------------------------
> Of course you don't understand. That's why he's a
> billionaire and your not. Me either. I do small
> business deals in comparison by far. Every deal
> has a certain amount of risk. The bigger the
> potential gain, the bigger the risk. I've won
> some. I've lost some. I've walked away from a few
> because even though the gain was of high
> potential, I wasn't willing or able to take the
> risk necessary. Trump has risked much over the
> years on many high profile ventures. He has done
> very well over all. He's taken his lumps when he's
> failed. That should be a point to be respected,
> not held in contempt. Maybe if he blamed his
> missteps on memory loss due to health problems.
> Maybe if he just said "what does it matter". Maybe
> if he slept through a terrorist attack, refused to
> send help and five of his employees were brutally
> tortured and murdered. But, I regress. Trump has
> had a notable career, and has generated many jobs
> and billions in infrastructure and tax revenue. I
> have no complaints about his conduct in business
> matters. Take your best shot. I'm not impressed.

You regress, all right.

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Thats Right Every Year ()
Date: October 02, 2016 08:05PM

>Well he is under audit

And if Trump did something illegal, Obama would have the wolves after him.. EVERY one who is VERY Wealthy is always Under Audit.. Now How many Business has Hillary every RAN?? NONE! Hope Many rental units does Hillary provide people to Live in??
NONE

Hillary Could Not Run a Lemonade stand in the Desert ..With the State Troopers Flagging Traffic Down for her!

Hillary Could not Run a Hamburger Joint in Southern California in the 60's!

She could not run a Taco Joint in East L.A.

All she has ever made any money at is Govt and Hustling for donations for access to Govt.

And as Far as the US Tax Code Goes.. How many years did the Democrats have the MAJORITY In Congress.. Guess who had the biggest hand in writing it.. Yes Democrats!

Trumps LEGAL Tax Business is Nothing Compared to Hillary's Criminal Actions
With Her E Mail Scandle .

DAJAX

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: bagehot ()
Date: October 02, 2016 08:19PM

Thats Right Every Year Wrote:
-------------------------------------------------------
> >Well he is under audit
>
> And if Trump did something illegal, Obama would
> have the wolves after him.. EVERY one who is VERY
> Wealthy is always Under Audit.. Now How many
> Business has Hillary every RAN?? NONE! Hope Many
> rental units does Hillary provide people to Live
> in??
> NONE
>
> Hillary Could Not Run a Lemonade stand in the
> Desert ..With the State Troopers Flagging Traffic
> Down for her!
>
> Hillary Could not Run a Hamburger Joint in
> Southern California in the 60's!
>
> She could not run a Taco Joint in East L.A.
>
> All she has ever made any money at is Govt and
> Hustling for donations for access to Govt.
>
> And as Far as the US Tax Code Goes.. How many
> years did the Democrats have the MAJORITY In
> Congress.. Guess who had the biggest hand in
> writing it.. Yes Democrats!
>
> Trumps LEGAL Tax Business is Nothing Compared to
> Hillary's Criminal Actions
> With Her E Mail Scandle .
>
> DAJAX

You continue to spew unsubstantiated nonsense. (You are also not very creative.) Trump is not a great business man. He was born on third base, yet you and others think he hit a triple. He has business failure after business failure. he is singlehandedly responsible for destroying the USFL, a league that could have prospered (or at least forced a merger) if it had stayed in the spring, but the idiotic owner of the New Jersey Generals (Trump) could not wait to go up against the NFL. He was as smart as you when he said "If God wanted football in the spring, he wouldn't have created baseball." He would be wealthier if he had simply taken his inheritance and invested it in an index fund.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Ya Ya Ya Pal ()
Date: October 02, 2016 08:35PM

And Hillarys has Not done Shit in Business. And The American People know it .

Hell I even had a budniss at one time.for 12 years.. .but Really I could care less as Hillary is just plain Disgusting Devious Corrupt Arrogant and a LIAR.

Hillary Prepared to be President?? What a load of crap..Throwing millions of Americans under the bus with a Fuck You from her..4 years of Turmoil if she wins.
Libs will get nothing. And the people wills suffer with another million Illegals coming in here, Deficit skyrocketing..

DAJAX

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: cbaa ()
Date: October 02, 2016 08:51PM

bagehot Wrote:
-------------------------------------------------------
> Thats Right Every Year Wrote:
> --------------------------------------------------
> -----
> > >Well he is under audit
> >
> > And if Trump did something illegal, Obama would
> > have the wolves after him.. EVERY one who is
> VERY
> > Wealthy is always Under Audit.. Now How many
> > Business has Hillary every RAN?? NONE! Hope
> Many
> > rental units does Hillary provide people to
> Live
> > in??
> > NONE
> >
> > Hillary Could Not Run a Lemonade stand in the
> > Desert ..With the State Troopers Flagging
> Traffic
> > Down for her!
> >
> > Hillary Could not Run a Hamburger Joint in
> > Southern California in the 60's!
> >
> > She could not run a Taco Joint in East L.A.
> >
> > All she has ever made any money at is Govt and
> > Hustling for donations for access to Govt.
> >
> > And as Far as the US Tax Code Goes.. How many
> > years did the Democrats have the MAJORITY In
> > Congress.. Guess who had the biggest hand in
> > writing it.. Yes Democrats!
> >
> > Trumps LEGAL Tax Business is Nothing Compared
> to
> > Hillary's Criminal Actions
> > With Her E Mail Scandle .
> >
> > DAJAX
>
> You continue to spew unsubstantiated nonsense.
> (You are also not very creative.) Trump is not a
> great business man. He was born on third base,
> yet you and others think he hit a triple. He has
> business failure after business failure. he is
> singlehandedly responsible for destroying the
> USFL, a league that could have prospered (or at
> least forced a merger) if it had stayed in the
> spring, but the idiotic owner of the New Jersey
> Generals (Trump) could not wait to go up against
> the NFL. He was as smart as you when he said "If
> God wanted football in the spring, he wouldn't
> have created baseball." He would be wealthier if
> he had simply taken his inheritance and invested
> it in an index fund.

I'd bet if someone gave you $5 million, you'd be broke in less than 5 years.

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Ying Ko ()
Date: October 02, 2016 08:52PM

Ya Ya Ya Pal Wrote:
-------------------------------------------------------
> And Hillarys has Not done Shit in Business. And
> The American People know it .
>
> Hell I even had a budniss at one time.for 12
> years.. .but Really I could care less as Hillary
> is just plain Disgusting Devious Corrupt Arrogant
> and a LIAR.
>
> Hillary Prepared to be President?? What a load of
> crap..Throwing millions of Americans under the bus
> with a Fuck You from her..4 years of Turmoil if
> she wins.
> Libs will get nothing. And the people wills suffer
> with another million Illegals coming in here,
> Deficit skyrocketing..
>
> DAJAX


It's funny that when either side can't defend their candidate, they attack the other.

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Nothing To Defend Ying ()
Date: October 02, 2016 09:38PM

As Trump has not broken the law and had Help from Obama Like Hillary.

Hillary DID break US laws with her personal Email server and she has not been honest about it.. The Clintons have a long history of scandle.. Funny thing is.. Trump was a "Good Guy" even posing with Rosa Parks..years back with Democrats.. Till he decided to run for President.

The bottom line is that Trump is not in legal trouble with his taxes, and By Law he does not have to release them, but the Lib NY Times decided to Break the law and do that with his returns of 20 some years back. And what did they expose.. Nothing Illegal.. Just that Trump had a huge loss in the Casino business.. BTW Atlantic City is not the great gambling place it was at first.. Lots of decay there.. Its not Vegas..

Take Care Ying

DAJAX

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: iLester. ()
Date: October 02, 2016 10:19PM

I've used it before. He probably had accumulated losses in his pass-thru entities from 1990 to 1995 on real estate he was being forced to liquidate as part of the bankruptcies. Commercial real estate was very poor from 1990 to 1993.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: I Do Remember When Trump ()
Date: October 02, 2016 10:37PM

Got out of the casino business and he took a beating.. Then he came back into money. he was about bankrupt at one point.. So Whats new Libs.. So What.. it does not change a thing about Hillary and her lies, corruption and scandles.

Bitchen about Trumps..Legal Business issues. Not a word from the fuckers about Hillarys Illegal issues..Hypocrites as always and forever.The left.

DAJAX

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Mark j ()
Date: October 02, 2016 10:44PM

Don't care what trump does...or says...voting for him no matter what...

Commie Clint-cunt is The devil

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Slumlord ()
Date: October 03, 2016 08:14AM

That's how the tax laws work for real estate. You can carry over losses from one property that can be used to offset profits on others, thus no income tax. If/when a property is sold, you can apply the accumulated losses from any other properties to that one, offsetting the gain. I do that every year.

He didn't do anything illegal such as removing classified markings from e-mails and transmitting them over unsecure lines. Or deducting contributions to your own "charity" from which you receive salaries and benefits.

Yeah, Trump's the tax cheat...

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: I Pay Taxes! ()
Date: October 03, 2016 08:18AM

Slumlord Wrote:
-------------------------------------------------------
> That's how the tax laws work for real estate. You
> can carry over losses from one property that can
> be used to offset profits on others, thus no
> income tax. If/when a property is sold, you can
> apply the accumulated losses from any other
> properties to that one, offsetting the gain. I do
> that every year.
>
> He didn't do anything illegal such as removing
> classified markings from e-mails and transmitting
> them over unsecure lines. Or deducting
> contributions to your own "charity" from which you
> receive salaries and benefits.
>
> Yeah, Trump's the tax cheat...

The reason Trump isn't showing his taxes is the American public would be ENRAGED that a rich person gets away paying no taxes while they have to pay 37%.

Meanwhile the rest of Americans have to pay taxes.
Attachments:
crokked.jpg

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: lack of business skills ()
Date: October 03, 2016 08:45AM

What kind of person loses a billion dollars during an economic boom, pays no taxes, stiffs his contractors, then goes out and tells people he's going to make America great?

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: idiots abound ()
Date: October 03, 2016 08:58AM

What the American people are enraged at is that they have to pay 37%. Tgey now also have to pay double or triple for health care with ridiculously high deductibles. ddeductiblesAnd the have to pay more for new housing to subsidise units set aside for low income people as the new HUD. Their eraged that a high government official can do what they please, break security protocol, be so incompetent in their job that 5 government employees die horribly, and blow it off by comparing it to things done by a non government employed candidate. It's the fools that back Hillary that are the real problem. You give her the power to misbehave with impunity. Trump is the only choice in this election.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: How many more will come out ()
Date: October 03, 2016 08:58AM

https://twitter.com/danney_williams/status/670756876250935296

And will Hilllays daughter with Web marry him?

Gonna need an extra bedroom in the White house....

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: dumb white trashtards ()
Date: October 03, 2016 09:02AM

idiots abound Wrote:
-------------------------------------------------------
> What the American people are enraged at is that
> they have to pay 37%.

Those same people should be enraged that they don't understand simple concepts like marginal income tax and tax brackets.

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: TiredOfIt ()
Date: October 03, 2016 09:51AM

These faux concocted anti-Trump scandals are tiresome and ineffective. Keep trying. It ain't gonna work. People don't care.

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: 4t7Hx ()
Date: October 03, 2016 11:27AM

yea i beleive trump isn't successful, that the bank lets him ride on a jet and curses at me if i fix my car, and i'm a total f'ing moron


that's it. no more of this non-sense. i'm doubling down at Trump Casino.


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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Ralph Pootawn ()
Date: October 03, 2016 11:47AM

Desperate derpers Wrote:
-------------------------------------------------------
> It's over ...
> http://www.foxnews.com/politics/2016/10/02/report-
> claims-trump-declared-916m-loss-on-1995-income-tax
> -returns.html


The best they have is 20 years old. Hurr Durrr

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: garage mahal ()
Date: October 03, 2016 11:59AM

4t7Hx Wrote:
-------------------------------------------------------
>
>


> i'm doubling down at Trump Casino.
>




just don't bet on black, the trumptards might accuse you of having a fake birth certificate

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Desperate Derpers ()
Date: October 03, 2016 12:01PM

Ralph Pootawn Wrote:
-------------------------------------------------------
> Desperate derpers Wrote:
> --------------------------------------------------
> -----
> > It's over ...
> >
> http://www.foxnews.com/politics/2016/10/02/report-
>
> >
> claims-trump-declared-916m-loss-on-1995-income-tax
>
> > -returns.html
>
>
> The best they have is 20 years old. Hurr Durrr

Because he won't release them. Hurr Durrr

Options: ReplyQuote
Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: idiots abound ()
Date: October 03, 2016 07:07PM

I understand our tax system just fine. Let's see, income tax, property tax, road tax, gas tax, airfare tax, airport tax, car tax, state income tax, passport tax, national parks tax, water tax, sewer tax, rain tax, building permits tax, electric tax, gas tax, natural gas tax, fuel oil tax, cell phone tax, cable tv tax, city tax, business tax, Virginia employment tax, federal 941 tax, Virginia Virginia unemployment tax, federal 940 tax, farm tax, inventory tax, healthcare tax, cruse ship tax, capital gains tax, estate tax, food tax, truck overland tax, railroad tax, event tax, import tax, diesel tax, registration tax, personal property tax, prescription tax, liquor tax, refund tax, gambling winnings tax, boat tax, sales tax, intrest tax, lottery tax. I'm sure I missed a few. Marginal income tax and tax brackets my ass. And when I die, they'll tax that too.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Ying Ko ()
Date: October 03, 2016 07:12PM

idiots abound Wrote:
-------------------------------------------------------
> I understand our tax system just fine. Let's see,
> income tax, property tax, road tax, gas tax,
> airfare tax, airport tax, car tax, state income
> tax, passport tax, national parks tax, water tax,
> sewer tax, rain tax, building permits tax,
> electric tax, gas tax, natural gas tax, fuel oil
> tax, cell phone tax, cable tv tax, city tax,
> business tax, Virginia employment tax, federal
> 941 tax, Virginia Virginia unemployment tax,
> federal 940 tax, farm tax, inventory tax,
> healthcare tax, cruse ship tax, capital gains tax,
> estate tax, food tax, truck overland tax, railroad
> tax, event tax, import tax, diesel tax,
> registration tax, personal property tax,
> prescription tax, liquor tax, refund tax, gambling
> winnings tax, boat tax, sales tax, intrest tax,
> lottery tax. I'm sure I missed a few. Marginal
> income tax and tax brackets my ass. And when I
> die, they'll tax that too.




Taxman
The Beatles
Let me tell you how it will be
There's one for you, nineteen for me
Cos I'm the taxman, yeah, I'm the taxman
Should five per cent appear too small
Be thankful I don't take it all
Cos I'm the taxman, yeah I'm the taxman
If you drive a car, I'll tax the street
If you try to sit, I'll tax your seat
If you get too cold I'll tax the heat
If you take a walk, I'll tax your feet
Taxman!
Cos I'm the taxman, yeah I'm the taxman
Don't ask me what I want it for (Aahh Mr. Wilson)
If you don't want to pay some more (Aahh Mr. Heath)
Cos I'm the taxman, yeah, I'm the taxman
Now my advice for those who die
Declare the pennies on your eyes
Cos I'm the taxman, yeah, I'm the taxman
And you're working for no one but me
Taxman!
Songwriters: George Harrison
Taxman lyrics © Sony/ATV Music Publishing LLC

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: LetsRock ()
Date: October 03, 2016 07:29PM

double entry Wrote:
-------------------------------------------------------
> The Trump supporters are really desperate mow.
>
> The question is how a self-proclaimed great
> businessman lost $900M in one year. Part of that
> is accounting tricks, but part of it is real
> losses. You have to ask yourself how his business
> "acumen" will translate. Will he balance the
> budget by giving taxpayers 70% of the tax refund
> they are owed? Will he h=give social security
> recipients 70% of what they are owed? That is
> what he does with contractors. Will China and
> Russia bail us out the way the IRS bails him out?
>
>
> His handlers are now rushing t0 say that the tax
> code is flawed (it is) and that Trump is the one
> many who can fix it (he isn't and he won't).
>
> He could have released his tax returns long ago
> and handled the furor quickly, but his arrogance
> would not allow it.


Hillary and her State Dept LOST $6 Billion of taxpayers money during her term as Sec of State by mis-managing contracts and such.



Edited 1 time(s). Last edit at 10/03/2016 07:29PM by LetsRock.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Ying Ko ()
Date: October 03, 2016 08:31PM

LetsRock Wrote:
-------------------------------------------------------
> double entry Wrote:
> --------------------------------------------------
> -----
> > The Trump supporters are really desperate mow.
>
> >
> > The question is how a self-proclaimed great
> > businessman lost $900M in one year. Part of
> that
> > is accounting tricks, but part of it is real
> > losses. You have to ask yourself how his
> business
> > "acumen" will translate. Will he balance the
> > budget by giving taxpayers 70% of the tax
> refund
> > they are owed? Will he h=give social security
> > recipients 70% of what they are owed? That is
> > what he does with contractors. Will China and
> > Russia bail us out the way the IRS bails him
> out?
> >
> >
> > His handlers are now rushing t0 say that the
> tax
> > code is flawed (it is) and that Trump is the
> one
> > many who can fix it (he isn't and he won't).
> >
> > He could have released his tax returns long ago
> > and handled the furor quickly, but his
> arrogance
> > would not allow it.
>
>
> Hillary and her State Dept LOST $6 Billion of
> taxpayers money during her term as Sec of State by
> mis-managing contracts and such.


Nice try:

"
Pants on Fire!

Says Hillary Clinton "presided over $6 billion lost at the State Department, sold uranium to the Russians through (her) faux charity, illegally deleted public records, and murdered an ambassador."





Donald Trump’s lawyer accused Hillary Clinton of incompetence, treason, breaking public disclosure law and murder.

A week after his client delivered a major speech knocking Hillary Clinton, Trump Organization executive vice president and special counsel Michael Cohen used his client’s preferred social media platform, Twitter, to paint "Crooked Hillary" as a disaster for national security.

Cohen told us he didn’t create the meme and pointed out it’s been widely shared on social media. But virality and retweets don’t make a claim accurate, and this meme distorts the facts.

Each claim is either misleading or outrageously wrong. We'll explain why.

‘$6 billion lost at the State Department’

This echoes reports from many conservative pundits and outlets (and some nonpartisan news sites) about a State Department Inspector General alert in March 2014.

The alert warned that files for over $6 billion worth of contracts from 2008 to 2014 — spanning the entirety of Clinton’s tenure as secretary of state from 2009 to 2013 — "were incomplete or could not be located at all."

A spokesman for the Office of the Inspector General told PolitiFact the alert speaks for itself, but many seemed to misinterpret what it actually said. The confusion prompted Inspector General Steve Linick to pen a clarification in the Washington Post.

"Some have concluded based on this that $6 billion is missing. The alert, however, did not draw that conclusion," he wrote. "Instead, it found that the failure to adequately maintain contract files — documents necessary to ensure the full accounting of U.S. tax dollars — ‘creates significant financial risk and demonstrates a lack of internal control over the Department’s contract actions.’ "

In other words, the State Department was terrible at paperwork. The $6 billion figure refers to the total amount affected by file mismanagement. It’s akin to spending $20 on lunch and losing or not asking for a receipt. Documentation over where that $20 went was lost, but not the $20 itself.

So the State Department under Clinton, who wasn’t mentioned in the alert, may have been financially disorganized, but it didn’t "lose" $6 billion."



Edited 1 time(s). Last edit at 10/03/2016 08:35PM by Ying Ko.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Rich Never Pay Taxes ()
Date: October 03, 2016 08:38PM

How can the rest of Americans get on the "don't pay taxes for 18 years" plan?

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: idiots abound ()
Date: October 03, 2016 08:54PM

That figure is just speculation. How is it that Hillary supporters can flat out ignore grievous actions that are well documented, and take a figure that is based clumsy reporting and derived on the wildest speculation? There is no evidence of that figure. Until there is, it is meaningless and political propaganda. Right up Hillary's standard operating procedure. Wipe your mouth please. Koolaid stains are showing.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: The Same Way Hillary Supporters ()
Date: October 03, 2016 09:01PM

Are saying Trump disrespected veterans today talking about PSTD to a group of veterans and the Libs are making a bunch of lies out of it..

At Least the Washington Post did come clean and say this is their story about it.

Marine Staff Sgt. Chad Robichaux, whose question Trump was answering in his remarks, issued a statement after the event calling it "sickening that anyone would twist Mr. Trump’s comments." Robichaux, who suffered from PTSD, added: "I took his comments to be thoughtful and understanding of the struggles many veterans have."

Liberals will stoop to anything for a vote for Corrupt Hillary .

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Offshore Accounts ()
Date: October 03, 2016 09:41PM

They think Trump used offshore accounts to "park" some of the millions and then later claimed all in one return.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Dirty Donald ()
Date: October 04, 2016 12:24PM

Dirty Donald should be worth a lot more if he had not blown a substantial portion of his 200 million inheritance. He would have 8-20billion dollars if his dad's money had been put in a Trust Fund. Instead he has to hide the fact that what he is really good at is Losing money and not paying taxes. Thats why he doesnt pay his bills - he cannot.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Ying Ko ()
Date: October 04, 2016 03:34PM

The Same Way Hillary Supporters Wrote:
-------------------------------------------------------
> Are saying Trump disrespected veterans today
> talking about PSTD to a group of veterans and the
> Libs are making a bunch of lies out of it..
>
> At Least the Washington Post did come clean and
> say this is their story about it.
>
> Marine Staff Sgt. Chad Robichaux, whose question
> Trump was answering in his remarks, issued a
> statement after the event calling it "sickening
> that anyone would twist Mr. Trump’s comments."
> Robichaux, who suffered from PTSD, added: "I took
> his comments to be thoughtful and understanding of
> the struggles many veterans have."
>
> Liberals will stoop to anything for a vote for
> Corrupt Hillary .


I agree I don't understand how Trump's words got twisted like that. I don't agree with the guy but this time attacking him is unwarranted.

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Re: Trump's Tax Trouble? Donald claimed $916 million loss in 95
Posted by: Oh, the irony! ()
Date: October 04, 2016 03:37PM

xHILLARY-TAXES-01-800x416.jpg.pagespeed.

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