Come on this isn’t thread worthy?
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Obligatory.
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Need to hear Rachel’s take
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Seems like the work of a shrewd business man milking the deep state for every penny he can.
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This is great but probably makes zero difference electorally speaking
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Right. He’s broke.
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$750 in federal income taxes… LOLOLOLOLOL
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Never clicked so fast to call an all in raise with the nuts
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Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.
I mean finally what we knew to be true came out, but not sure if it will matter.
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Mr. Trump’s net income from his fame — his 50 percent share of “The Apprentice,” together with the riches showered upon him by the scores of suitors paying to use his name — totaled $427.4 million through 2018. A further $176.5 million in profit came to him through his investment in two highly successful office buildings.
So how did he escape nearly all taxes on that fortune? Even the effective tax rate paid by the wealthiest 1 percent of Americans could have caused him to pay more than $100 million.
The answer rests in a third category of Mr. Trump’s endeavors: businesses that he owns and runs himself. The collective and persistent losses he reported from them largely absolved him from paying federal income taxes on the $600 million from “The Apprentice,” branding deals and investments.
Honestly will totally depend on if the media sticks with the story or moves on to the next shiny thing in a week.
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Truly might be the single worst business person in America.
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Imagine writing an article TODAY with a straight face suggesting trump might get hit with a huge bill from the IRS.
Pure fucking delusion.
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Remember those stories about poor Americans supporting tax cuts for the super rich because maybe, one day, they will be rich and profit from them?
Yeah, that is Donald Trump.
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Or the biggest tax cheat. Either way…
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Narrator: It did not matter.
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They don’t have the 2018 and 2019 returns, he’s just going to say he’s a smart businessman and maneuvered his income into those years for tax purposes but paid in full those years and suck it libtards.
The media will both sides it. His supporters will say the snowflakes got owned.
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