Red Mosquito

Anders wrote:Looking forward to the debate.

Strat wrote:yea but $70,000 on....that fucking hair? C'mon. Geezes.

96583UP wrote:sadly i dont think anyone cares about his taxes

but trump would care if they made it a point of emphasis that he is not rich

it would look petty to some

but if they want to set him off, that's the pressure point

he is nothing without his 'money'

make sure people know

he has no money

simple schoolboy wrote:

Higgs wrote:

96583UP wrote:welp guess when you file for bankruptcy multiple times you have a lot of losses to carry forward

Losses would usually be in the companies. How does Trump as an individual earn a wage and not pay some proportionate level of tax?

I'd find it difficult to believe he had personal losses large enough to eat up his obviously very substantial wage income for so many years.

And surely bankruptcy would forfeit losses in the same way it forfeits claimable expenses? I mean, if you call bankruptcy and that means your creditors can no longer make you pay, surely you can't then continue to rely on those same expenses to then allow carry forward losses.

Why would Trump have any wage income? If he was the pincipal of those enterprises that went bankrupt (and likely was) wouldn't his compensation have been equity in said ventures?

Higgs wrote:

simple schoolboy wrote:

Higgs wrote:

96583UP wrote:welp guess when you file for bankruptcy multiple times you have a lot of losses to carry forward

Losses would usually be in the companies. How does Trump as an individual earn a wage and not pay some proportionate level of tax?

I'd find it difficult to believe he had personal losses large enough to eat up his obviously very substantial wage income for so many years.

And surely bankruptcy would forfeit losses in the same way it forfeits claimable expenses? I mean, if you call bankruptcy and that means your creditors can no longer make you pay, surely you can't then continue to rely on those same expenses to then allow carry forward losses.

Why would Trump have any wage income? If he was the pincipal of those enterprises that went bankrupt (and likely was) wouldn't his compensation have been equity in said ventures?

POTUS wage is $400,000pa. He paid $750 in taxes in 2017 - as POTUS.

I take your point re: wages from failed companies. However he still needs to show how he can support himself from a pure, non-deductible personal cost of living perspective. Who's paying for all those costs for him, if not via some form of personal income. Private expenses aren't tax deductible and have to be paid from somewhere.

I'm of course coming at this from an Australian tax perspective, however the basic principles will surely be the same.

96583UP wrote:sadly i dont think anyone cares about his taxes

JuanHamm wrote:B, people don't care that he's a rapist, they aren't going to care about his taxes.