Trump tax returns leaked. For realz.

[Coasterbrad]

I’m just glad Awval saved $20/month on his taxes thanks to Trump. It will only take him about 657 years of that to get close to the amount trump has saved by not paying taxes. Good job Awval, go celebrate with a $50 martini!

[CanadaMatt3004]

It seemed the majority of the press in that room were plants. I heard no less than three OAN questions

[anon10387340]

I’m going to pay enough in fed taxes this year to cover Trumps tax burden for nearly half a century.

[wheatrich]

Ideally this does KO ivanka’s chances. She had the combo of having a trump name with being less hated. I know narrator.

[LouisCyphre]

Examining the Trump Organization’s tax records, a curious pattern emerges: Between 2010 and 2018, Mr. Trump wrote off some $26 million in unexplained “consulting fees” as a business expense across nearly all of his projects.

In most cases the fees were roughly one-fifth of his income: In Azerbaijan, Mr. Trump collected $5 million on a hotel deal and reported $1.1 million in consulting fees, while in Dubai it was $3 million with a $630,000 fee, and so on.

Mysterious big payments in business deals can raise red flags, particularly in places where bribes or kickbacks to middlemen are routine. But there is no evidence that Mr. Trump, who mostly licenses his name to other people’s projects and is not involved in securing government approvals, has engaged in such practices.

Rather, there appears to be a closer-to-home explanation for at least some of the fees: Mr. Trump reduced his taxable income by treating a family member as a consultant, and then deducting the fee as a cost of doing business.

The “consultants” are not identified in the tax records. But evidence of this arrangement was gleaned by comparing the confidential tax records to the financial disclosures Ivanka Trump filed when she joined the White House staff in 2017. Ms. Trump reported receiving payments from a consulting company she co-owned, totaling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Vancouver and Hawaii.

It is still possible that the payments for the projects in Azerbaijan and Turkey were bribes although the article does not make that claim. The way I understand it is that they can explicitly connect the Vancouver and Hawaii payments to Ivanka. Her financial disclosures might not reach back far enough to prove she also received the other ones.

[Riverman]

PVN is right. To the extent the framing matters, the whole “he used deductions, hes smart” thing is complete bullshit. The takeaway is that hes losing 9 figures a year and is going to be personally bankrupt soon because he is stupid and broke.

[Mr_Unstoppable]

@Ikioi

Of course he is. He did it four years ago. He’ll do it again. Dissenters shake their heads in disapproval. Supporters nod in approval. Life goes on as normal–or what passes as normal in these times.

I’ve shared an anti trump news article on facebook once a week for the last month and sometimes I preface it with “‎62,984,828 people are totally fine with electing a psychopath to be president” or “‎62,984,828 people think trump’s coronavirus response is great”

[Chippa58]

Literally nothing matters to them as long as the racism is strong. And the racism is really strong.

[NotBruceZ]

Just tell Trump that his taxes are proof that Obama makes more money than he does.

[prana]

A sample of the current response:

“Check out Nancy and all democratics returns.”

[CaffeineNeeded]

Not only is trump broke, but the amount of debt he has is a clear security threat.

[anon38180840]

@goofyballer

@clovis8

This for sure and this one will DRIVE HIM
INSANE.

Yeah, this is pretty optimal timing for this to drop before the first debate. Trump is gonna be furious for days

I’m grunching but given what we now know, it was almost certainly leaked by a Dem on that House committee.

[Lawnmower_Man]

How do you lose that much money on golf courses?

[Chippa58]

He’s uniquely talented. Same guy who can bankrupt casinos.

[FuncrusherPlus]

The journalist who reported the Qatar story last week estimated Trump’s net worth at 2.5 billion. How would he estimate that?

[skydiver8]

https://twitter.com/donlemon/status/1310335429007364096?s=21

[econophile]

https://mobile.twitter.com/realDonaldTrump/status/190866856624668672?ref_src=twsrc^tfw|twcamp^tweetembed|twterm^190866856624668672|twgr^share_3&ref_url=https%3A%2F%2Fd-20163594712744322384.ampproject.net%2F2009112034002%2Fframe.html

[Devil]

@anon38180840

I’m grunching but given what we now know, it was almost certainly leaked by a Dem on that House committee.

Three Days of the Condor - Final Scene1 - YouTube.mov

[anon38180840]

@Chippa58

Now might not be a bad time to point out how the deficit has ballooned under his watch.

Donnie Default. He defaulted on all his casino obligations and went bankrupt, he’s losing his own money hand over fist, and he’s about to default America too. We can’t afford four more years of Donnie Default.

[prana]

Biden calling him Donnie Default would be epic so it will never happen.