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Decade In The Red: T-rump claimed $1B in losses in his tax returns from 1985-1994

posted 5 years ago by [deleted]
24 replies | jump to latest

https://www.nytimes.com/interactive/2019/05/07/us/politics/donald-trump-taxes.html

No wonder T-rump doesn't want anyone checking his tax returns! From 1985 - 94, now known as his "Red Decade", T-rump avoided paying taxes by claiming a $1B loss for the decade in his business. This was happening while he was peddling his 1987 book "Art of the Deal", in which he claimed he was one of the most successful business men in the world. In 1990 and 1991, he claimed losses of more than $250 million each year - the highest of all taxpayers in the I.R.S. information for those years.

The information comes from his figures from federal tax forms (1040) from those ten years, something he's been trying to keep hidden from the public. It was given to The NY Times by someone who had legal access to the returns.

In eight of those ten years, T-rump avoided paying taxes.

[–] [deleted] 5 years ago

T-rump started a Twitter storm tonight re-tweeting from Breitbart and Fox about what an excellent business man he is, as news of his “Red Decade” has taken over the Internet and news media. Guy is going nuts!!!

[–] joi2049 (5501) 5 years ago

He's probably GOING NUTS because his CURRENT WIFE who's been PUTTING UP with him would now REALIZE there's NOT going to be any kind of PAY OFF for all of the CRAP that she's been dealing with (like his having sex with the PLAYMATE and the PORN STAR).

PLUS all the REST of his KIDS and his SON in LAW could also WAKE UP and realize they'll also have NO MONEY coming to THEM either, which may also mean they'll also be LESS WILLING to put up with doing his DIRTY WORK for him.

With the removal of the RICH MAN MASK, what we now see is a TINY LITTLE MAN who's a NOBODY just like all of the REST of US, instead of someone who keeps claiming to have been such a BIG SUCCESS.

On THE LAST WORD They also just played CLIPS of the SCAM MAN BRAGGING ABOUT WHAT A RICH MAN he is.

That CLIP will most likely also be used by his opponents in the next election process.

[–] [deleted] 5 years ago

T-rump is going nuts with his Tweets. I think the media found his Achilles heel.

[–] LordBAElish (2015) 5 years ago

Trump is smart about finding tax shelter's and loopholes, if you paid taxes you would appreciate it. Taxation is theft! Less taxes! Cut back on spending and programs!

[–] [deleted] 5 years ago

You wouldn't be saying this if it were the Clintons, now would you ?

[–] LordBAElish (2015) 5 years ago

Tax evasion is way down the list of things the Clinton's have done wrong....

[–] [deleted] 5 years ago

Now you're saying tax evasion is 'wrong' ? So you admit that T-rump's tax evasion (which you called smart in your post above) is actually wrong?

Thank You for clearing that up.

He's the President - he did wrong, time to throw him out.

[–] LordBAElish (2015) 5 years ago

Tax evasion is different than using legal methods to reduce paying taxes. Trump used the law to his benefit. Nothing to see here, move on. If you paid taxes you would understand.

[–] [deleted] 5 years ago

If you paid taxes you would understand.

I guess T-rump doesn't understand since he's avoided paying taxes. Maybe he will use this as his defense? You may be a better arm-chair lawyer than Giuliani!

[–] LordBAElish (2015) 5 years ago

or let me rephrase that, if you filed taxes you would understand.

[–] [deleted] 5 years ago

Damn, it's taking you a very long time and many rewrites to defend T-rump's illegal activity (yes, it was illegal as Cohen has said he filed falsified financial documents on a regular basis). Is it worth it to you?

[–] rocklyn80 (660) 5 years ago

The world's richest man (Bezos) paid ZERO in taxes, who's getting on his case?

[–] yatzo376 (7594) 5 years ago

He’s not our president

[–] rocklyn80 (660) 5 years ago

He wasn't either in his Decade of Red

[–] yatzo376 (7594) 5 years ago

Wait'll we see the next two burning hot decades .lol

[–] [deleted] 5 years ago

T-rump is. Where have you been?

https://www.nytimes.com/2018/03/29/us/politics/trump-amazon-taxes.html

[–] rocklyn80 (660) 5 years ago

You seem to have selective ranting, "billionaires" paying zero in taxes is still "billionaires" paying zero in taxes

[–] dteam6 (5073) 5 years ago

You seem to have selective ranting yourself there, killer. Trump is president and Bezos is not. Maybe you're fine having a man who's cheated the system running our country but most people with a brain and modicum of dignity are NOT.

[–] [deleted] 5 years ago

You asked who's getting on Bezo's case of not paying taxes, and I answered - T-rump is. I even provided a link to the article which proves my answer. Looks like you weren't prepared for that, slugger.

What "selective ranting" are you referring to?

[–] rocklyn80 (660) 5 years ago

That year old article quotes him as claiming Bezo isnt paying enough, meaning they paid something.

This years filing it was established he paid nothing.
the rant has been that Trump avoids paying taxes, meaning zero taxes,

I aint defending Trump, just pointing out the hypocrisy

[–] [deleted] 5 years ago

The only hypocrisy is T-rump's. Getting on Bezo's case for 'not paying enough taxes' when he has a history of not paying any at all.

[–] dteam6 (5073) 5 years ago

LOL!!! And this is the guy the Trumpers gush over as being "the bigliest best businessman". LOL!

Orange moron...

[–] [deleted] 5 years ago

Poor Bubbas, Ackbars, LordBAElish's, and all the other T-rumpers who got swindled by T-rump once again. There's really no light at the end of their tunnel for them...except the train coming at them to plow them down.

[–] dteam6 (5073) 5 years ago

And that train is being run by...other Trumpers.

Donald and his base will implode. It's nature. It's inevitable.