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Who are the Investors Trump Lost $900,000,000 From?
Posted by: Trump Blacklisted Now ()
Date: October 03, 2016 09:05PM

Jesus there must be some REALLY pissed off investors in New York right now!

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: xnpm ()
Date: October 03, 2016 09:10PM

they should have just bribed the Clintons. no risk involved there.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Offshore Accounts ()
Date: October 03, 2016 09:34PM

Speculation is that Trump parked some money in offshore accounts.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Banks ()
Date: October 03, 2016 09:52PM

Trump Blacklisted Now Wrote:
-------------------------------------------------------
> Jesus there must be some REALLY pissed off
> investors in New York right now!


If they just figured it out they deserve to be screwed because it was 21 fucking years ago.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Trump the Con Man ()
Date: October 03, 2016 09:59PM

Banks Wrote:
-------------------------------------------------------
> Trump Blacklisted Now Wrote:
> --------------------------------------------------
> -----
> > Jesus there must be some REALLY pissed off
> > investors in New York right now!
>
>
> If they just figured it out they deserve to be
> screwed because it was 21 fucking years ago.

They are probably all the republicans that have been trying to screw over Trump in this election.

God I love seeing republicans pissing all over each other. Nothing better than two republicans bitch smacking each other over greed.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gaming the Tax Code ()
Date: October 03, 2016 10:03PM

Trump may have simply lost a ton of money, thanks to bad investments in casinos, hotels and the Trump Shuttle airline. It could be the result of him taking advantage of the particularly generous treatment the tax code affords the real estate industry. He could also be gaming the system, with aggressive moves to reduce his tax bill.

“As a 40-year tax guy, I looked at it and I thought, ‘Well, the numbers are interesting, but I have no idea what’s going on,'”
said Dave Kautter, a tax lawyer at the accounting and consulting firm RSM.


Read more: http://www.politico.com/story/2016/10/donald-trump-tax-losses-229072#ixzz4M4tLJV8p
Follow us: @politico on Twitter | Politico on Facebook

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: pretty reckless business model ()
Date: October 03, 2016 10:09PM

$900B is alot to go around. Investors, banks, builders, creditors, local municipal governments, renters, property owners, their children, taxpayers, customers, licencees etc.

Trump leveled a huge amount of damage on a whole lot of people. More than can be counted.

but hey, make America great again.

i don't have a problem with what Trump did, but i hope he doesn't do it again.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Snake Oiler ()
Date: October 03, 2016 10:14PM

Banks Wrote:
-------------------------------------------------------
> Trump Blacklisted Now Wrote:
> --------------------------------------------------
> -----
> > Jesus there must be some REALLY pissed off
> > investors in New York right now!
>
>
> If they just figured it out they deserve to be
> screwed because it was 21 fucking years ago.


LOL, i can only imagine what he hasn't disclosed to his investors all these years...

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: A scary thought ()
Date: October 03, 2016 10:20PM

Investing with Trump, wow. I'd rather put my money with Bear Stearns, at least I wouldn't feel as dumb when I lose my money.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Trump Reality TV ()
Date: October 03, 2016 10:26PM

Trump lost $916,000,000.

Pretty sure that makes him America's biggest loser.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: You're all clueless ()
Date: October 03, 2016 10:33PM

Hey morons, it's a TAX loss, not cash. You idiots appwrently have no brains or education. No wonder this country is in the terlet.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: $1 Billion Loss ()
Date: October 03, 2016 10:33PM

pretty reckless business model Wrote:
-------------------------------------------------------
> $900B is alot to go around. Investors, banks,
> builders, creditors, local municipal governments,
> renters, property owners, their children,
> taxpayers, customers, licencees etc.

$1 BILLION in losses in ONE year! How is that f'n possible?

That has to be a record loss!

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: real estate 101 ()
Date: October 03, 2016 10:38PM

You're all clueless Wrote:
-------------------------------------------------------
> Hey morons, it's a TAX loss, not cash. You idiots
> appwrently have no brains or education. No wonder
> this country is in the terlet.

Trump was able to claim that he lost 900 million dollars in income during that tax year.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Dodge Mahal ()
Date: October 03, 2016 10:44PM

"Everything is financed, that's what's so great. If i lose, so what, it wasn't my money. And if other people lost their money that's too bad, they didn't have great financing like me."

Trump, 2004

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: You're wrong ()
Date: October 03, 2016 10:46PM

real estate 101 Wrote:
-------------------------------------------------------
> You're all clueless Wrote:
> --------------------------------------------------
> -----
> > Hey morons, it's a TAX loss, not cash. You
> idiots
> > appwrently have no brains or education. No
> wonder
> > this country is in the terlet.
>
> Trump was able to claim that he lost 900 million
> dollars in income during that tax year.

Wrong. Again.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Denial Stage ()
Date: October 03, 2016 10:55PM

You're wrong Wrote:
-------------------------------------------------------
> real estate 101 Wrote:
> --------------------------------------------------
> -----
> > You're all clueless Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Hey morons, it's a TAX loss, not cash. You
> > idiots
> > > appwrently have no brains or education. No
> > wonder
> > > this country is in the terlet.
> >
> > Trump was able to claim that he lost 900
> million
> > dollars in income during that tax year.
>
> Wrong. Again.

Here we go with the complete denial stage.

Next up will be the claim that Hillary was responsible for Trump losing the money.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Dems do it better ()
Date: October 03, 2016 11:04PM

Warren Buffett loses $2 billion in two days
by Gregory Wallace @gregorywallace
October 21, 2014: 6:30 PM ET

If you're having a bad week, consider that Warren Buffett has lost $2 billion and it's only Tuesday.

Buffett is known for shunning the quick buck and focusing on the long-term performance of his investments. He'd best not change that this week.

His Berkshire Hathaway (BRKB) investment house holds big pieces of Coke and IBM, both of which have taken a drubbing in the past two days.

He took a $1 billion hit on Coke (KO), which fizzled 6% on Tuesday after the company reported earnings that didn't live up to expectations. Even worse, Coke said it doesn't expect a much better 2015.

Coke is one of Buffett's largest investments. He holds 400 million shares and his son Howard sits on the beverage company's board. And he likes the products too. Buffett is often seen enjoying Cherry Coke.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Thanks Warren ()
Date: October 03, 2016 11:07PM

2015 is shaping up to be Buffett's worst year relative to the rest of the U.S. stock market in six years. In what was supposed to a joyous golden anniversary year, celebrating Buffett's 50 years at the helm of Berkshire Hathaway, the conglomerate is down 11%.

And while Buffett's mantra has always been to judge a company's record based on its book value, he's now advising investors to consider Berkshire's share price over the long term.

Among the reasons for Berkshire's dismal 2015 were the losses realized by American Express, Wells Fargo, and Wal-Mart -- three of the biggest holdings in Berkshire's portfolio. They contributed a $1.2 billion hit.

As well, Buffett has clung to a stubborn dependence on oil and gas. While Berkshire doesn't own any oil and gas companies as subsidiaries, its railroad business transports mainly oil and coal. This year's dismal energy price performance hasn't helped matters there.

But International Business Machines (IBM) was perhaps Warren Buffett's worst bet for 2015. In November, he admitted that Berkshire had lost $2 billion on its investment in the IT services, software, and hardware company. Since Berkshire has loaded up on more than $13 billion in IBM stock since 2011, that's a 15% hit to its portfolio holding.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Hillary Debate Prophecy ()
Date: October 03, 2016 11:45PM

The Hillary debate prophecies are now coming true.

Seems Hillary knows a lot more about Trump and what will happen in October.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Hillary Knows ()
Date: October 03, 2016 11:50PM

Hillary from the debate:

So you've got to ask yourself, why won't he release his tax returns? And I think there may be a couple of reasons. First, maybe he's not as rich as he says he is. Second, maybe he's not as charitable as he claims to be.

Third, we don't know all of his business dealings, but we have been told through investigative reporting that he owes about $650 million to Wall Street and foreign banks. Or maybe he doesn't want the American people, all of you watching tonight, to know that he's paid nothing in federal taxes, because the only years that anybody's ever seen were a couple of years when he had to turn them over to state authorities when he was trying to get a casino license, and they showed he didn't pay any federal income tax.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: money loser ()
Date: October 04, 2016 07:23AM

Denial Stage Wrote:
-------------------------------------------------------
> -----
> > Trump was able to claim that he lost 900 million
> > > dollars in income during that tax year.
> >
> > Wrong. Again.
>
> Here we go with the complete denial stage.

so now the story is that Trump didn't claim a 900 million loss? #wtftrumplol

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 07:36AM

He claimed the losses of investors and wrote off his own subsequent tax liabilities for 18 years as a result. He fucked investors and taxpayers with one stone. Even though he was an absolute failure he used his biggest failure to get hundreds of millions of dollars in corporate welfare by manipulating the tax code and pay zero taxes.



Edited 1 time(s). Last edit at 10/04/2016 07:37AM by Gerrymanderer2.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerry the babbling moron ()
Date: October 04, 2016 08:04AM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> He claimed the losses of investors and wrote off
> his own subsequent tax liabilities for 18 years as
> a result. He fucked investors and taxpayers with
> one stone. Even though he was an absolute failure
> he used his biggest failure to get hundreds of
> millions of dollars in corporate welfare by
> manipulating the tax code and pay zero taxes.


You have no clue what he did. Nobody has said that he actually wrote off anything beyond the initial amount you dumbshit.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 08:14AM

What's he hiding then? Is that the tip of the iceberg. We know he lost investor money in New Jersey, those are facts rightard. We know the laws were eventually revised but he used a Republican horror story of a loophole to write off losses for decades that he probably didn't even incur.

The possibility is extremely high that Trump has received hundreds of millions of dollars in welfare.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 08:16AM

You guys like his Boeing 767? You should, he's a tax free made man and you paid for it.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Romney Right ()
Date: October 04, 2016 09:56AM

Romney was actually right.
Attachments:
Trump56t.jpg

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Let them Eat Cake!!! ()
Date: October 04, 2016 11:27AM

The bigger problem is "Trump paying no taxes" while the middle class and poor get screwed over paying taxes.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: 99WM ()
Date: October 04, 2016 11:57AM

The Clintons sell political favors that aren't theirs to sell. They've made a fortune from bribes and graft. Hillary is fully owned by Wall St. They sell public property and keep the money.

Trump gets audited every year and pays what the government says he owes. Why on earth would he pay more than he owes? So corrupt politicians like the Clintons can steal even more?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: his racketeering ()
Date: October 04, 2016 12:12PM

Trump is dirty and will spend the next decade in court over investigations now that his racketeering is public knowledge on a broad scale.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: sound business skills? ()
Date: October 04, 2016 12:13PM

Let them Eat Cake!!! Wrote:
-------------------------------------------------------
> The bigger problem is "Trump paying no taxes"
> while the middle class and poor get screwed over
> paying taxes.


It's funny how Trump relies on the sentiment that the government is taking your money and wasting it, when he himself has taken hundreds of millions from banks and investors and squandered it. He's arguably the worst candidate in the country to be talking about bad financial management.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: KKKillary KKKlinton. ()
Date: October 04, 2016 12:19PM

Lol! Are libtards still talking about this?

Hillary can't run on accomplishments.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Blind Poster ()
Date: October 04, 2016 12:40PM

KKKillary KKKlinton. Wrote:
-------------------------------------------------------
> Lol! Are libtards still talking about this?
>
> Hillary can't run on accomplishments.

You do realize you're killing your own posts with "KKK"

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: KKKillary KKKlinton. ()
Date: October 04, 2016 12:45PM

Blind Poster Wrote:
-------------------------------------------------------
> KKKillary KKKlinton. Wrote:
> --------------------------------------------------
> -----
> > Lol! Are libtards still talking about this?
> >
> > Hillary can't run on accomplishments.
>
> You do realize you're killing your own posts with
> "KKK"

Did you ever see the movie Theodore Rex?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Blind Minds ()
Date: October 04, 2016 12:46PM

KKKillary KKKlinton. Wrote:
-------------------------------------------------------
> Blind Poster Wrote:
> --------------------------------------------------
> -----
> > KKKillary KKKlinton. Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Lol! Are libtards still talking about this?
> > >
> > > Hillary can't run on accomplishments.
> >
> > You do realize you're killing your own posts
> with
> > "KKK"
>
> Did you ever see the movie Theodore Rex?

Yes

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Kahn!!!!!! ()
Date: October 04, 2016 01:14PM

KKKillary KKKlinton. Wrote:
-------------------------------------------------------
> Blind Poster Wrote:
> --------------------------------------------------
> -----
> > KKKillary KKKlinton. Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Lol! Are libtards still talking about this?
> > >
> > > Hillary can't run on accomplishments.
> >
> > You do realize you're killing your own posts
> with
> > "KKK"
>
> Did you ever see the movie Theodore Rex?

Everybody has seen that movie.

I thought it was morally wrong for Kirk to have reprogrammed the computer, but Kahn had to be stopped.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: goldberg ()
Date: October 04, 2016 01:28PM

it's probably some whoopi goldberg reference that trumptards think is funny

LFEWIBQ.png

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Suckers Pay Taxes! ()
Date: October 04, 2016 01:53PM

goldberg Wrote:
-------------------------------------------------------
> it's probably some whoopi goldberg reference that
> trumptards think is funny


Seems about for the Trumptard education level.

Now back to the actual topic of why Trump doesn't have to pay taxes and other Americans do have to pay taxes.

It sure would be nice to lose $1 Billion dollars and then not have to pay taxes for 18 years. All while riding around in luxury helicopters.
Attachments:
trumphouse.jpg

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: F'n 1%er's ()
Date: October 04, 2016 03:19PM

Makes me sick!

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 03:40PM

Let them Eat Cake!!! Wrote:
-------------------------------------------------------
> The bigger problem is "Trump paying no taxes"
> while the middle class and poor get screwed over
> paying taxes.

Trump says that makes him smart. Which makes Trumptards dumb asses.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Hilliary the futures genius ()
Date: October 04, 2016 03:42PM

Even as a first time investor Hillary had some mad commodities trading skills.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: just to be clear ()
Date: October 04, 2016 03:45PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> Let them Eat Cake!!! Wrote:
> --------------------------------------------------
> -----
> > The bigger problem is "Trump paying no taxes"
> > while the middle class and poor get screwed
> over
> > paying taxes.
>
> Trump says that makes him smart. Which makes
> Trumptards dumb asses.

So, when Hillary used the same tax avoidance scheme, what was she?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 03:46PM

Hillary is the one that made a dollar out of 15 cents with investments. Trump would have been richer if he just collected interest his life.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Whitewater Development Corp ()
Date: October 04, 2016 05:01PM

Hilliary the futures genius Wrote:
-------------------------------------------------------
> Even as a first time investor Hillary had some mad
> commodities trading skills.


Not hard when your 'investment' is just cover for bribery.

You know... Kind of like her foundation.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Sat whit ()
Date: October 04, 2016 05:16PM

just to be clear Wrote:
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > Let them Eat Cake!!! Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > The bigger problem is "Trump paying no taxes"
> > > while the middle class and poor get screwed
> > over
> > > paying taxes.
> >
> > Trump says that makes him smart. Which makes
> > Trumptards dumb asses.
>
> So, when Hillary used the same tax avoidance
> scheme, what was she?


Where do you find she used the same "scheme"?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: current events ()
Date: October 04, 2016 05:19PM

Sat whit Wrote:
-------------------------------------------------------
>
> Where do you find she used the same "scheme"?



You need to get out of your mom's basement more.


xScreen-Shot-2016-10-02-at-4.32.22-PM.pn

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 06:25PM

She wrote off her own loss that effected that year.

He wrote off close to a billion dollars of losses investors incurred, other people's money that was lost, to avoid paying taxes himself since 95.

Rihtards, go fuck yourselves with your shitty garbage false equivalencies.



Edited 1 time(s). Last edit at 10/04/2016 06:26PM by Gerrymanderer2.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 06:27PM

And that's what we know about. He's hiding his returns. God knows what kind of shit that loser con artist scam artist is hiding.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: UxWYM ()
Date: October 04, 2016 06:31PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> She wrote off her own loss that effected that
> year.
>
> He wrote off close to a billion dollars of losses
> investors incurred, other people's money that was
> lost, to avoid paying taxes himself since 95.
>
> Rihtards, go fuck yourselves with your shitty
> garbage false equivalencies.



Affected not effected you illiterate fucktard.

No he didn't write off other people's money.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Y9Wv3 ()
Date: October 04, 2016 06:33PM

How the fuck could Hillary lose $699K?

They don't do anything to lose money on.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: How? ()
Date: October 04, 2016 06:35PM

UxWYM Wrote:
-------------------------------------------------------
> Gerrymanderer2 Wrote:
> --------------------------------------------------
> -----
> > She wrote off her own loss that effected that
> > year.
> >
> > He wrote off close to a billion dollars of
> losses
> > investors incurred, other people's money that
> was
> > lost, to avoid paying taxes himself since 95.
> >
> > Rihtards, go fuck yourselves with your shitty
> > garbage false equivalencies.
>
>
>
>
>
> No he didn't write off other people's money.


how do we know?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: WVDpD ()
Date: October 04, 2016 06:44PM

How? Wrote:
-------------------------------------------------------
> UxWYM Wrote:
> --------------------------------------------------
> -----
> > Gerrymanderer2 Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > She wrote off her own loss that effected that
> > > year.
> > >
> > > He wrote off close to a billion dollars of
> > losses
> > > investors incurred, other people's money that
> > was
> > > lost, to avoid paying taxes himself since 95.
> > >
> > > Rihtards, go fuck yourselves with your shitty
> > > garbage false equivalencies.
> >
> >
> >
> >
> >
> > No he didn't write off other people's money.
>
>
> how do we know?


Because you CAN'T write off anyone else's money you stupid bullshit believing libtard.

You forgot to copy this part:

> How the fuck could Hillary lose $699K?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 06:45PM

He wrote off investor losses because he could at the time.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 06:46PM

Oh and rightards are dirty filthy liars that think it's still okay for him to hide his returns. They have no credibility.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerry's word salad ()
Date: October 04, 2016 06:48PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> He wrote off investor losses because he could at
> the time.


You don't even know what you're babbling about now retard. lmao

You can't write off other people's investment losses.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 07:00PM

So you're saying he lost close to a billion of his own money on his failed casino that was funded with investor money? Prove it.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 07:03PM

There's still also the issue of him being a loser that lost a billion in a single year. Whether it was his money or money he borrowed. Release the returns.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 07:04PM

Trump is willing to lose the presidency rather than release his returns. What is he hiding?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: nbvKm ()
Date: October 04, 2016 07:10PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> So you're saying he lost close to a billion of his
> own money on his failed casino that was funded
> with investor money? Prove it.


You cannot deduct anyone else's losses. There's no proof needed of that for anyone who has a functioning brain.

How the fuck do you think that he could write off anyone else's losses? I want to see what kind of complete crap you you come up with in trying to actually explain your own bullshit. lmao

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Gerrymanderer2 ()
Date: October 04, 2016 07:57PM

Stop repeating yourself you dumb bitch.

Here you go rightard. When filed as net operating losses Trump could have claimed losses by investors and bankers whom loaned him money.

http://www.thedailybeast.com/articles/2016/10/03/art-of-the-steal-this-is-how-trump-lost-916m-and-avoided-tax.html

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: HWUNN ()
Date: October 04, 2016 09:01PM

Gerrymanderer2 Wrote:
-------------------------------------------------------
> Stop repeating yourself you dumb bitch.
>
> Here you go rightard. When filed as net operating
> losses Trump could have claimed losses by
> investors and bankers whom loaned him money.
>
> http://www.thedailybeast.com/articles/2016/10/03/a
> rt-of-the-steal-this-is-how-trump-lost-916m-and-av
> oided-tax.html


First of all, it's from the libtards at the Daily Beast. Second, it doesn't really help your case as far as claiming someone else's losses, you're just too dumb to understand that.

Here's the operative part:

Quote

The technique is simple. The taxes due immediately because a debt is forgiven can be exchanged for relinquishing future real-estate tax deductions. Trump agreed to forgo his future right to take about $1 billion worth of depreciation on his casino hotels.

This exchange created a future problem for Trump. Real estate that cannot be depreciated is worth a lot less. Indeed, generous tax benefits drive real-estate investment. So while Trump escaped an immediate income-tax bill, the future tax benefits he gave up would mean that he would likely have to pay income taxes on his salary, fees for licensing his name, and other income.
To solve this problem, Trump sold stock for the first time in 1995. He founded Trump Hotels and Casino Resorts, which then took ownership of his casino hotels.

That meant Trump got money for selling his casino hotels, while the investors got real estate with greatly diminished tax benefits.

Trump Hotels and Casino Resorts was a complete disaster. It lost money every year. During Trump’s 13 years as chairman, the company lost $1.1 billion. Trump stock fell from a high of $35 to just 17 cents, wiping out investors.
Trump did just fine, though. He was paid $82 million, Fortune magazine estimated. The publicly traded company even took out loans that were used to pay off some of Trump’s remaining obligations to the banks from when he owned his casinos outright.

The $82 million Trump was paid by the publicly traded company bearing his name should have all been received income tax-free thanks to those NOLs. Thus his mismanagement, and the tax benefits he stripped out of the casino hotels before he sold them to shareholders, made him richer and them poorer.

Let me try to explain how this works in more simple terms that you can wrap your little pinhead around. He's just getting into speculation about the details of how various aspects may have been treated. None of that affects (not effects) the matter of Trump claiming someone else's losses. He doesn't even address that.

If you as an investor give/loan/buy stock or in whatever other way give my company money, then it must be recognized in some way. If I give you a turd in exchange, that doesn't affect that I still have to recognize that money in some way.

If the turd that you invested in/bought bonds/gave a bad loan against, whatever (doesn't affect the principle, just the details of treatment) goes tits up, or a partnership generates a loss that's passed through, or you otherwise have a monetary loss, then that is YOUR LOSS. I cannot claim it. You claim your own capital loss, bad debt, whatever. It is yours for ever and ever. You fill out the proper loss line on your tax forms and deduct it.

What happens on my side is entirely independent. I have recognized your money as in-coming money in some way. Now my company goes to shit. I now have a loss for whatever I have invested that I can deduct. I only have my loss not yours. The details in the article relate to how I must treat the in-coming money that I received as far as how that might offset the amount of that loss.

Got it dummy? I never get to claim your loss as you implied. I never in some way take your loss away from you. Assuming that what the author says is the case, which isn't even necessarily true, it simply affects how recognition of that in-coming money may offset my loss and the end size of my loss claimed.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: WhatIsTrumpHiding? ()
Date: October 04, 2016 11:49PM

This could all be resolved if Trump just shows his tax returns.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: stop bumping threads ()
Date: October 04, 2016 11:52PM

We know you had a bad night. Get some sleep.

Screen-shot-2016-05-26-at-6.06.13-PM-300

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Vexxxed ()
Date: October 05, 2016 06:42AM

Trump Reality TV Wrote:
-------------------------------------------------------
> Trump lost $916,000,000.
>
> Pretty sure that makes him America's biggest
> loser.


Not even close.......Bernie Madoff ripped off $170 billion.

And all of his "investors" who's money was lost were allowed by law to take that as a deduction.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Rigged for Rich ()
Date: October 05, 2016 10:04AM

Vexxxed Wrote:
-------------------------------------------------------
> Trump Reality TV Wrote:
> --------------------------------------------------
> -----
> > Trump lost $916,000,000.
> >
> > Pretty sure that makes him America's biggest
> > loser.
>
>
> Not even close.......Bernie Madoff ripped off $170
> billion.
>
> And all of his "investors" who's money was lost
> were allowed by law to take that as a deduction.

Taking a deduction only means you get a fraction, where a "loss" means you can deduct the full amount from NET.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: HOW the Fuck? ()
Date: October 05, 2016 05:24PM

Seriously how the fuck does one lose One Billion dollars?????????????????

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: MTbeK ()
Date: October 06, 2016 01:35AM

All that money paid by rich gamblers trying to beat the house. It's called "Other peoples money." You NEVER use your own in these deals.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Print Money ()
Date: October 06, 2016 09:38AM

MTbeK Wrote:
-------------------------------------------------------
> All that money paid by rich gamblers trying to
> beat the house. It's called "Other peoples
> money." You NEVER use your own in these deals.

What money??? Trump lost his ass on his casino deals and investors lost their asses also.

How a person LOSES money running a casino is a mystery to me. You must have to be some type of really terrible businessman to do that.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: yd6yb ()
Date: October 06, 2016 09:51AM

lol
Attachments:
14606547_1130591823662512_85825895486058708_n.jpg

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Steve Wynn ()
Date: October 06, 2016 10:39AM

Print Money Wrote:
-------------------------------------------------------
> MTbeK Wrote:
> --------------------------------------------------
> -----
> > All that money paid by rich gamblers trying to
> > beat the house. It's called "Other peoples
> > money." You NEVER use your own in these deals.
>
> What money??? Trump lost his ass on his casino
> deals and investors lost their asses also.
>
> How a person LOSES money running a casino is a
> mystery to me. You must have to be some type of
> really terrible businessman to do that.


That's because you're a dumbass who has no clue and has never run any kind of business. The entire gaming industry in Atlantic City cratered, not just Trump. They built too much too fast and didn't have the draw that they expected. Competition within and from other areas developed quickly and just made that worse. It never has really recovered and lots of others lost their ass along the way. Trump actually came out of it better than most. Same thing happened in Vegas to an extent which is why it had to move away from relying entirely on gaming and to a conference and entertainment destination. Likewise some other areas. Probably will happen eventually with National Harbor too. The greed always gets the better of everyone involved, particularly local politicians. They all think just like you do. It's a casino! We can't lose! lol They don't consider the cost side at all.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Art of the Steal ()
Date: October 06, 2016 10:42AM

Steve Wynn Wrote:
-------------------------------------------------------
> They don't
> consider the cost side at all.


Yeah. Like hire a whole bunch of contractors and then don't pay them. It's a good way to keep costs down and maximize your tax write-off.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Congrats ()
Date: October 06, 2016 11:11AM

Art of the Steal Wrote:
-------------------------------------------------------
> Steve Wynn Wrote:
> --------------------------------------------------
> -----
> > They don't
> > consider the cost side at all.
>
>
> Yeah. Like hire a whole bunch of contractors and
> then don't pay them. It's a good way to keep
> costs down and maximize your tax write-off.


You wrote more stupid shit. It's a big day in mom's basement.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: 6HFKU ()
Date: October 06, 2016 12:48PM

Congrats Wrote:
-------------------------------------------------------
> Art of the Steal Wrote:
> --------------------------------------------------
> -----
> > Steve Wynn Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > They don't
> > > consider the cost side at all.
> >
> >
> > Yeah. Like hire a whole bunch of contractors
> and
> > then don't pay them. It's a good way to keep
> > costs down and maximize your tax write-off.
>
>
> You wrote more stupid shit. It's a big day in
> mom's basement.

Um, your response wasn't exactly genius.

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: Too close to home ()
Date: October 06, 2016 01:37PM

6HFKU Wrote:
-------------------------------------------------------
> Congrats Wrote:
> --------------------------------------------------
> -----
> > Art of the Steal Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Steve Wynn Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > They don't
> > > > consider the cost side at all.
> > >
> > >
> > > Yeah. Like hire a whole bunch of contractors
> > and
> > > then don't pay them. It's a good way to keep
> > > costs down and maximize your tax write-off.
> >
> >
> > You wrote more stupid shit. It's a big day in
> > mom's basement.
>
> Um, your response wasn't exactly genius.


The basement thing hurt huh?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: WhatisTrumpHiding? ()
Date: October 12, 2016 11:28AM

Too close to home Wrote:
-------------------------------------------------------
> 6HFKU Wrote:
> --------------------------------------------------
> -----
> > Congrats Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > Art of the Steal Wrote:
> > >
> >
> --------------------------------------------------
>
> >
> > > -----
> > > > Steve Wynn Wrote:
> > > >
> > >
> >
> --------------------------------------------------
>
> >
> > >
> > > > -----
> > > > > They don't
> > > > > consider the cost side at all.
> > > >
> > > >
> > > > Yeah. Like hire a whole bunch of
> contractors
> > > and
> > > > then don't pay them. It's a good way to
> keep
> > > > costs down and maximize your tax write-off.
> > >
> > >
> > > You wrote more stupid shit. It's a big day
> in
> > > mom's basement.
> >
> > Um, your response wasn't exactly genius.
>
>
> The basement thing hurt huh?

Nice try to distarct from the real issue here.

WhatisTrumpHiding?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: NFktk ()
Date: October 12, 2016 11:42AM

"distarct" huh?

What's mom making for lunch today?

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Re: Who are the Investors Trump Lost $900,000,000 From?
Posted by: VeJD7 ()
Date: October 12, 2016 12:59PM


AND HOW ABOUT OBAMA/HILLARY GIVING AT LEAST A BILLION TO DETROIT NIGGAS FOR 'BAILOUT' WHICH IS ENFORCED ULTIMATELY BY POLICE (IT'S A MILITIA ORDER), AND WHO'D FORGET OBAMA BILLION DOLLARS TO CA DEMOCRATS?

THE DIFFERENCE IS TRUMP'S INVESTORS TOOK A RISK, TRUMP WAS NOT AT FAULT FOR THE FAILURE - AND TRUMP AND THE CONTRACTORS DID TRY TO TURN A PROFIT, AND THEY WERE NEVER FORCED AT GUNPOINT TO MAKE AN INVESTMENT

A WILLING BUYER, A WILLING SELLER, IS WHAT MAKES AMERICA GOOD


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