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  Moderator zondag 27 september 2020 @ 22:53:17 #1
54278 crew  Tijger_m
42
pi_195295926
President:
Donald Trump

Vice President:
Mike Pence
SPOILER: Het Kabinet-Trump
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Amerikaans Congres:



Political groups house:
Democratic (235)
Republican (197)
Vacant (3)

Political groups Senate:
Republican (53)
Democratic (45)
Independents (2)

SPOILER: Overzicht van lopende onderzoeken
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SPOILER: Hoe werkt een impeachment?
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Extra aanwijzingen voor dit topic:

Helaas blijkt dit topic nogal eens te ontsporen. Het is een emotioneel onderwerp voor sommigen.

Daarom de volgende afspraken:

Dit is geen linkdumptopic. Als je een tweet plaatst graag het volgende in ogenschouw nemen: Waarom deze tweet? Wat zegt het, wat vind je er zelf van?
• Posts die tot doel hebben het topic te laten ontsporen, die respectloos zijn, of als linkdump aangemerkt kunnen worden, kunnen zonder overleg verwijderd worden door de moderatie. Want je post moet iets bijdragen aan de discussie en niet aan het op de kast jagen van users.
• Het gaat hier over de Amerikaanse politiek. Niet over Amerika in zijn algemeen. Probeer on topic te blijven.
• We gaan hier respectvol met elkaar om. Ook onderwerpen zoals kwetsbare migrantenkinderen worden met respect besproken. Ik zie er het nut niet van om bijv Michelle Obama als een kerel neer te zetten. Het enige doel om dat te doen is om users op de kast te jagen en het topic te laten ontsporen. Stop daar gewoon mee. Het voegt inhoudelijk niets toe.

We gebruiken in dit topic normale bronnen. Hier te verifiëren: https://mediabiasfactcheck.com/
Voor visueel ingestelde mensen:
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
  Moderator zondag 27 september 2020 @ 23:00:55 #2
54278 crew  Tijger_m
42
pi_195296034
Interessante uitslagen in deze polls:

Presidents verkiezingen

Biden - Trump 49-41

Wie moet SC judge benoemen:

Trump 41% Winnaar verkiezingen 56%

Oppose or Support ACA

Support 57% Oppose 38%

Abortion

Legal or mostly legal 60%
Illegal or mostly illegal 33%

https://www.nytimes.com/2(...)urt-trump-biden.html
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
  zondag 27 september 2020 @ 23:20:54 #3
187810 Szura
Kijk eens aan!
pi_195296331
twitter
Lekker zuipen, lekker dansen en daarna lekker neuken.
  Moderator zondag 27 september 2020 @ 23:22:09 #4
54278 crew  Tijger_m
42
pi_195296344
quote:
0s.gif Op zondag 27 september 2020 23:20 schreef Szura het volgende:
[ twitter ]
Zat er wel in dat vroeg of laat iemand die zou lekken naar de pers.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
  zondag 27 september 2020 @ 23:23:09 #5
187810 Szura
Kijk eens aan!
pi_195296351
quote:
0s.gif Op zondag 27 september 2020 23:22 schreef Tijger_m het volgende:

[..]

Zat er wel in dat vroeg of laat iemand die zou lekken naar de pers.
En afgaand op de kop bevestigt het precies wat iedereen allang verwacht van deze charlatan
Lekker zuipen, lekker dansen en daarna lekker neuken.
  Moderator zondag 27 september 2020 @ 23:24:44 #6
54278 crew  Tijger_m
42
pi_195296368
quote:
0s.gif Op zondag 27 september 2020 23:23 schreef Szura het volgende:

[..]

En afgaand op de kop bevestigt het precies wat iedereen allang verwacht van deze charlatan
Yep. Maar toch leuk om het bewezen te zien.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195296386
twitter

Verdomd, de enige plek waar nog geen interpreter aan het werk was. (8>
...”to stay safe ...”
  Moderator zondag 27 september 2020 @ 23:28:11 #8
54278 crew  Tijger_m
42
pi_195296406
quote:
1s.gif Op zondag 27 september 2020 23:26 schreef AnneX het volgende:
[ twitter ]
Verdomd, de enige plek waar nog geen interpreter aan het werk was. (8>
...”to stay safe ...”
Die zal het sign maken voor "Get the hell out of the country!" :D
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195296466
Bijzonder dat hier om überhaupt een zaak aangespannen moest worden in plaats van dat het vrijwillig gebeurt.
  Moderator zondag 27 september 2020 @ 23:36:51 #10
54278 crew  Tijger_m
42
pi_195296490
quote:
0s.gif Op zondag 27 september 2020 23:33 schreef SnertMetChoco het volgende:
Bijzonder dat hier om überhaupt een zaak aangespannen moest worden in plaats van dat het vrijwillig gebeurt.
Dat is toch usance bij de Trump regering? Rechtszaken traineren de boel en dat is soms heel lang te rekken, precies de bedoeling dus. Zo acteert Trump al decennia, meestal tegen kleine bedrijven die geld van hem krijgen.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195296537
quote:
0s.gif Op zondag 27 september 2020 23:23 schreef Szura het volgende:

[..]

En afgaand op de kop bevestigt het precies wat iedereen allang verwacht van deze charlatan
Hij heeft dus 10 van de laatste 15 jaar helemaal geen belasting betaald :')
“The fundamental cause of the trouble in the modern world today is that the stupid are cocksure while the intelligent are full of doubt.”— Bertrand Russell
pi_195296573
Man, man, z'n make-up is deze keer wel erg...

Experiencing minor difficulties. Have positive up-angle and attempting to blow. Will keep you informed.
  zondag 27 september 2020 @ 23:48:38 #13
8369 speknek
..for me it was Tuesday
pi_195296592
quote:
83s.gif Op zondag 27 september 2020 23:42 schreef Kijkertje het volgende:

[..]

Hij heeft dus 10 van de laatste 15 jaar helemaal geen belasting betaald :')
That makes him smart! Aldus mensen die ook in de belastingvrije voet zitten en denken dat de miljardair een van hun is.
For you the day speknek replied to your post was the most important day of your life..
pi_195296594
twitter
“The fundamental cause of the trouble in the modern world today is that the stupid are cocksure while the intelligent are full of doubt.”— Bertrand Russell
  zondag 27 september 2020 @ 23:58:44 #15
3928 Ulx
you aint no punk you punk
pi_195296701
Er zijn nu twee vragen voor zijn aanhangers

Loog hij keihard tegen dat hij een succesvol zakenman was en trapte je daar keihard in?

Of loog hij tegen de IRS en hoort Trump in de cel wegens fraude?

Veel andere mogelijkheden zijn er niet, of wel soms?
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  zondag 27 september 2020 @ 23:59:05 #16
187810 Szura
Kijk eens aan!
pi_195296706
‘Fake News’, ook dat antwoord konden we verwachten van de charlatan zonder enige inhoud
Lekker zuipen, lekker dansen en daarna lekker neuken.
  Moderator maandag 28 september 2020 @ 00:02:50 #17
54278 crew  Tijger_m
42
pi_195296762
quote:
0s.gif Op zondag 27 september 2020 23:58 schreef Ulx het volgende:
Er zijn nu twee vragen voor zijn aanhangers

Loog hij keihard tegen dat hij een succesvol zakenman was en trapte je daar keihard in?

Of loog hij tegen de IRS en hoort Trump in de cel wegens fraude?

Veel andere mogelijkheden zijn er niet, of wel soms?
Het maakt ze niet uit, het is een persoonlijkheidscultus geworden.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
  FOK!-Schrikkelbaas maandag 28 september 2020 @ 00:05:55 #18
862 Arcee
Look closer
pi_195296798
quote:
0s.gif Op zondag 27 september 2020 23:58 schreef Ulx het volgende:
Er zijn nu twee vragen voor zijn aanhangers
Nee hoor, die belastingpapieren boeit ze geen reet.
  maandag 28 september 2020 @ 00:06:29 #19
280416 Whiskers2009
Maak dat de kat wijs!!
pi_195296804
quote:
0s.gif Op maandag 28 september 2020 00:02 schreef Tijger_m het volgende:

[..]

Het maakt ze niet uit, het is een persoonlijkheidscultus geworden.
Wat op zichzelf tamelijk bizar is
"He who gives up freedom for safety deserves neither" Benjamin Franklin
  maandag 28 september 2020 @ 00:09:35 #20
3928 Ulx
you aint no punk you punk
pi_195296827
quote:
0s.gif Op maandag 28 september 2020 00:05 schreef Arcee het volgende:

[..]

Nee hoor, die belastingpapieren boeit ze geen reet.
Nou, ik proef uit aardig wat reacties dat mensen 1500$ in 15 jaar wel erg weinig vinden vergeleken bij wat ze zelf betalen.....
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  maandag 28 september 2020 @ 00:11:34 #21
3928 Ulx
you aint no punk you punk
pi_195296839
twitter


Zo zullen aardig wat mensen het ook wel bekijken.
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
pi_195296867
Nu een deel van de presser aangehoord...2 great gentlemen sitting there Christi en Giuliani - en nog geen woord over 200.000 + doden en over Covid.

Oh ha, en 4 fox mensen worden door trump voorgedragen voor een Pulitzer. 8)7 _O-
Veel gewauwel over Hunter Biden en verdere usual subjects, inclusief de nicknames.
  Moderator maandag 28 september 2020 @ 00:15:40 #23
54278 crew  Tijger_m
42
pi_195296871
quote:
1s.gif Op maandag 28 september 2020 00:06 schreef Whiskers2009 het volgende:

[..]

Wat op zichzelf tamelijk bizar is
Maar niet zo uitzonderlijk in deze wereld. Hij is niet voor niets zo gek op Putin, Kim et al.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195296887
quote:
0s.gif Op maandag 28 september 2020 00:15 schreef Tijger_m het volgende:

[..]

Maar niet zo uitzonderlijk in deze wereld. Hij is niet voor niets zo gek op Putin, Kim et al.
Ze worden ook nog genoemd en btw “no war” with North Korea as I promised.
So many lives saved, millions . Sic.
  Moderator maandag 28 september 2020 @ 00:19:16 #25
54278 crew  Tijger_m
42
pi_195296904
quote:
1s.gif Op maandag 28 september 2020 00:17 schreef AnneX het volgende:

[..]

Ze worden ook nog genoemd en btw “no war” with North Korea as I promised.
So many lives saved, millions . Sic.
Ja, en dan lees je het Woodward boek en dan blijkt dat er bijna wel oorlog was met NK omdat hij Kim constant beledigde. SecDef sliep in zijn kantoor omdat de dreiging, veroorzaakt door Trump, zo groot was.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
  maandag 28 september 2020 @ 00:21:00 #26
3928 Ulx
you aint no punk you punk
pi_195296916
Rudy helpt Trump bij het voorbereiden van het debat.

Veel leugens en russische desinformatie dus.
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  Moderator maandag 28 september 2020 @ 00:26:01 #27
54278 crew  Tijger_m
42
pi_195296951
quote:
0s.gif Op maandag 28 september 2020 00:21 schreef Ulx het volgende:
Rudy helpt Trump bij het voorbereiden van het debat.

Veel leugens en russische desinformatie dus.
Ok dan, als ik mij moest voorbereiden op een debat dan zou Giuliani toch wel de laatste zijn die ik daarvoor zou kiezen _O-
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195296973
twitter

Lees de brandbrief van Pelosi na dreigementen door trump, bedacht door zijn trawanten.

Overigens hebben CEO’s van grote bedrijven zich uitgesproken voor Biden.
pi_195296980
quote:
"Ultimately, Mr. Trump has been more successful playing a business mogul than being one in real life."

Public filings offer a distorted picture of Trump's financial state.

In 2018, for example, Trump announced in his disclosure that he had made at least $434.9 million. "The tax records deliver a very different portrait of his bottom line: $47.4 million in losses."

Most of Trump's core enterprises -- from his golf courses to his D.C. hotel -- report losing millions, if not tens of millions, year after year.

And within the next four years, more than $300 million in loans -- obligations for which he is personally responsible -- will come due.

"Trump has an established track record of stiffing his lenders. But the tax returns reveal that he has failed to pay back far more money than previously known: a total of $287 million since 2010."

If auditors ultimately disallow Trump's $72.9 million federal refund, he will be forced to return that money with interest, and possibly penalties, a total that could exceed $100 million. He could also be ordered to return the state and local refunds based on the same claims.

"If the payments to [Ivanka] were compensation for work, it is not clear why Mr. Trump would do it in this form, other than to reduce his own tax liability. Another, more legally perilous possibility is ... a way to transfer assets to his children without incurring a gift tax."


[ Bericht 14% gewijzigd door Kijkertje op 28-09-2020 00:36:10 ]
“The fundamental cause of the trouble in the modern world today is that the stupid are cocksure while the intelligent are full of doubt.”— Bertrand Russell
  maandag 28 september 2020 @ 00:36:43 #30
3928 Ulx
you aint no punk you punk
pi_195297006
Ik denk dat de republikeinen de oktober surprise heel anders in gedachte hadden.
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  maandag 28 september 2020 @ 00:38:36 #31
3928 Ulx
you aint no punk you punk
pi_195297018
twitter


Naughty!
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  maandag 28 september 2020 @ 00:39:24 #32
3928 Ulx
you aint no punk you punk
pi_195297023
Honderden miljoenen te betalen....Aan wie?
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  Moderator maandag 28 september 2020 @ 00:55:12 #33
54278 crew  Tijger_m
42
pi_195297082
Die 473 miljoen in 2018, heeft hij dat opgegeven als inkomen op papier? Want dan heeft hij meineed gepleegd volgens mij.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
  maandag 28 september 2020 @ 00:56:32 #34
3928 Ulx
you aint no punk you punk
pi_195297089
Ivanka Trump gaat geen leuke Yom Kippoer hebben.

quote:
She was receiving tax favorable consulting fees from Trump org while bringing in income as employee for Trump org. If true this looks like tax avoidance.

I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  Moderator maandag 28 september 2020 @ 00:58:27 #35
54278 crew  Tijger_m
42
pi_195297099
quote:
0s.gif Op maandag 28 september 2020 00:56 schreef Ulx het volgende:
Ivanka Trump gaat geen leuke Yom Kippoer hebben.
[..]

Ach, wat is nou een beetje belastingfraude in het swamp? Niks toch.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
  maandag 28 september 2020 @ 01:05:35 #36
3928 Ulx
you aint no punk you punk
pi_195297127
quote:
0s.gif Op maandag 28 september 2020 00:58 schreef Tijger_m het volgende:

[..]

Ach, wat is nou een beetje belastingfraude in het swamp? Niks toch.
Ze maakte daarmee het "Where's Hunter" argument dat papa wilde gebruiken in de debatten onbruikbaar.
En het is fraude.
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
pi_195297135
twitter

Wat een bijdehande en verbaasde reacties hier en daar.
  maandag 28 september 2020 @ 01:08:37 #38
3928 Ulx
you aint no punk you punk
pi_195297138
Maar Trump is dus blut zoals ik al jaren roep. Al zijn stomme geintjes als conventies in de eigen hotels, het is allemaal dubbeltjeswerk. Schrapen om ergens maar geld binnen te krijgen on de schulden af te lossen.
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
pi_195297146
Dan leeft hij en de kinderen toch allemaal op de pof!?
  maandag 28 september 2020 @ 01:11:01 #40
3928 Ulx
you aint no punk you punk
pi_195297149
Weten jullie wat er altijd is?


twitter
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
pi_195297151
Ah dit is wel een handige samenvatting:

18 Revelations From a Trove of Trump Tax Records

Times reporters have obtained decades of tax information the president has hidden from public view. Here are some of the key findings.
quote:
The New York Times has obtained tax-return data for President Trump and his companies that covers more than two decades. Mr. Trump has long refused to release this information, making him the first president in decades to hide basic details about his finances. His refusal has made his tax returns among the most sought-after documents in recent memory.

Among the key findings of The Times’s investigation:

- Mr. Trump paid no federal income taxes in 11 of 18 years that The Times examined. In 2017, after he became president, his tax bill was only $750.

- He has reduced his tax bill with questionable measures, including a $72.9 million tax refund that is the subject of an audit by the Internal Revenue Service.

- Many of his signature businesses, including his golf courses, report losing large amounts of money — losses that have helped him to lower his taxes.

- The financial pressure on him is increasing as hundreds of millions of dollars in loans he personally guaranteed are soon coming due.

- Even while declaring losses, he has managed to enjoy a lavish lifestyle by taking tax deductions on what most people would consider personal expenses, including residences, aircraft and $70,000 in hairstyling for television.

- Ivanka Trump, while working as an employee of the Trump Organization, appears to have received “consulting fees” that also helped reduce the family’s tax bill.

- As president, he has received more money from foreign sources and U.S. interest groups than previously known. The records do not reveal any previously unreported connections to Russia.

It is important to remember that the returns are not an unvarnished look at Mr. Trump’s business activity. They are instead his own portrayal of his companies, compiled for the I.R.S. But they do offer the most detailed picture yet available.

Below is a deeper look at the takeaways. The main article based on the investigation contains much more information, as does a timeline of the president’s finances. Dean Baquet, the executive editor, has written a note explaining why The Times is publishing these findings.

The president’s tax avoidance

Mr. Trump has paid no federal income taxes for much of the past two decades.

In addition to the 11 years in which he paid no taxes during the 18 years examined by The Times, he paid only $750 in each of the two most recent years — 2016 and 2017.

He has managed to avoid taxes while enjoying the lifestyle of a billionaire — which he claims to be — while his companies cover the costs of what many would consider personal expenses.

This tax avoidance sets him apart from most other affluent Americans.

Taxes on wealthy Americans have declined sharply over the past few decades, and many use loopholes to reduce their taxes below the statutory rates. But most affluent people still pay a lot of federal income tax.

In 2017, the average federal income rate for the highest-earning .001 percent of tax filers — that is, the most affluent 1/100,000th slice of the population — was 24.1 percent, according to the I.R.S.

Over the past two decades, Mr. Trump has paid about $400 million less in combined federal income taxes than a very wealthy person who paid the average for that group each year.

His tax avoidance also sets him apart from past presidents.

Mr. Trump may be the wealthiest U.S. president in history. Yet he has often paid less in taxes than other recent presidents. Barack Obama and George W. Bush each regularly paid more than $100,000 a year — and sometimes much more — in federal income taxes while in office.

Mr. Trump, by contrast, is running a federal government to which he has contributed almost no income tax revenue in many years.

A large refund has been crucial to his tax avoidance.

Mr. Trump did face large tax bills after the initial success of “The Apprentice” television show, but he erased most of these tax payments through a refund. Combined, Mr. Trump initially paid almost $95 million in federal income taxes over the 18 years. He later managed to recoup most of that money, with interest, by applying for and receiving a $72.9 million tax refund, starting in 2010.

The refund reduced his total federal income tax bill between 2000 and 2017 to an annual average of $1.4 million. By comparison, the average American in the top .001 percent of earners paid about $25 million in federal income taxes each year over the same span.

The $72.9 million refund has since become the subject of a long-running battle with the I.R.S.

When applying for the refund, he cited a giant financial loss that may be related to the failure of his Atlantic City casinos. Publicly, he also claimed that he had fully surrendered his stake in the casinos.

But the real story may be different from the one he told. Federal law holds that investors can claim a total loss on an investment, as Mr. Trump did, only if they receive nothing in return. Mr. Trump did appear to receive something in return: 5 percent of the new casino company that formed when he renounced his stake.

In 2011, the I.R.S. began an audit reviewing the legitimacy of the refund. Almost a decade later, the case remains unresolved, for unknown reasons, and could ultimately end up in federal court, where it could become a matter of public record.

Business expenses and personal benefits

Mr. Trump classifies much of the spending on his personal lifestyle as the cost of business.

His residences are part of the family business, as are the golf courses where he spends so much time. He has classified the cost of his aircraft, used to shuttle him among his homes, as a business expense as well. Haircuts — including more than $70,000 to style his hair during “The Apprentice” — have fallen into the same category. So did almost $100,000 paid to a favorite hair and makeup artist of Ivanka Trump.

All of this helps to reduce Mr. Trump’s tax bill further, because companies can write off business expenses.

Seven Springs, his estate in Westchester County, N.Y., typifies his aggressive definition of business expenses.

Mr. Trump bought the estate, which stretches over more than 200 acres in Bedford, N.Y., in 1996. His sons Eric and Donald Jr. spent summers living there when they were younger. “This is really our compound,” Eric told Forbes in 2014. “Today,” the Trump Organization website continues to report, “Seven Springs is used as a retreat for the Trump family.”

Nonetheless, the elder Mr. Trump has classified the estate as an investment property, distinct from a personal residence. As a result, he has been able to write off $2.2 million in property taxes since 2014 — even as his 2017 tax law has limited individuals to writing off only $10,000 in property taxes a year.

The ‘consulting fees’

Across nearly all of his projects, Mr. Trump’s companies set aside about 20 percent of income for unexplained ‘consulting fees.’

These fees reduce taxes, because companies are able to write them off as a business expense, lowering the amount of final profit subject to tax.

Mr. Trump collected $5 million on a hotel deal in Azerbaijan, for example, and reported $1.1 million in consulting fees. In Dubai, there was a $630,000 fee on $3 million in income. Since 2010, Mr. Trump has written off some $26 million in such fees.

His daughter appears to have received some of these consulting fees, despite having been a top Trump Organization executive.

The Times investigation discovered a striking match: Mr. Trump’s private records show that his company once paid $747,622 in fees to an unnamed consultant for hotel projects in Hawaii and Vancouver, British Columbia. Ivanka Trump’s public disclosure forms — which she filed when joining the White House staff in 2017 — show that she had received an identical amount through a consulting company she co-owned.

Money-losing businesses

Many of the highest-profile Trump businesses lose large amounts of money.

Since 2000, he has reported losing more than $315 million at the golf courses that he often describes as the heart of his empire. Much of this has been at Trump National Doral, a resort near Miami that he bought in 2012. And his Washington hotel, opened in 2016, has lost more than $55 million.

An exception: Trump Tower in New York, which reliably earns him more than $20 million in profits a year.

The most successful part of the Trump business has been his personal brand.

The Times calculates that between 2004 and 2018, Mr. Trump made a combined $427.4 million from selling his image — an image of unapologetic wealth through shrewd business management. The marketing of this image has been a huge success, even if the underlying management of many of the operating Trump companies has not been.

Other firms, especially in real estate, have paid for the right to use the Trump name. The brand made possible the “The Apprentice” — and the show then took the image to another level.

Of course, Mr. Trump’s brand also made possible his election as the first United States president with no prior government experience.

But his unprofitable companies still served a financial purpose: reducing his tax bill.

The Trump Organization — a collection of more than 500 entities, virtually all of them wholly owned by Mr. Trump — has used the losses to offset the rich profits from the licensing of the Trump brand and other profitable pieces of its business.

The reported losses from the operating businesses were so large that they often fully erased the licensing income, leaving the organization to claim that it earns no money and thus owes no taxes. This pattern is an old one for Mr. Trump. The collapse of major parts of his business in the early 1990s generated huge losses that he used to reduce his taxes for years afterward.

Large bills looming

With the cash from ‘The Apprentice,’ Mr. Trump went on his biggest buying spree since the 1980s.

“The Apprentice,” which debuted on NBC in 2004, was a huge hit. Mr. Trump received 50 percent of its profits, and he went on to buy more than 10 golf courses and multiple other properties. The losses at these properties reduced his tax bill.

But the strategy ran into trouble as the money from “The Apprentice” began to decline. By 2015, his financial condition was worsening.

His 2016 presidential campaign may have been partly an attempt to resuscitate his brand.

The financial records do not answer this question definitively. But the timing is consistent: Mr. Trump announced a campaign that seemed a long shot to win, but was almost certain to bring him newfound attention, at the same time that his businesses were in need of a new approach.

The presidency has helped his business.

Since he became a leading presidential candidate, he has received large amounts of money from lobbyists, politicians and foreign officials who pay to stay at his properties or join his clubs. The Times investigation puts precise numbers on this spending for the first time.

A surge of new members at the Mar-a-Lago club in Florida gave him an additional $5 million a year from the business since 2015. The Billy Graham Evangelistic Association paid at least $397,602 in 2017 to the Washington hotel, where it held at least one event during its World Summit in Defense of Persecuted Christians.

In his first two years in the White House, Mr. Trump received millions of dollars from projects in foreign countries, including $3 million from the Philippines, $2.3 million from India and $1 million from Turkey.

But the presidency has not resolved his core financial problem: Many of his businesses continue to lose money.

With “The Apprentice” revenue declining, Mr. Trump has absorbed the losses partly through one-time financial moves that may not be available to him again.

In 2012, he took out a $100 million mortgage on the commercial space in Trump Tower. He has also sold hundreds of millions worth of stock and bonds. But his financial records indicate that he may have as little as $873,000 left to sell.

He will soon face several major bills that could put further pressure on his finances.

He appears to have paid off none of the principal of the Trump Tower mortgage, and the full $100 million comes due in 2022. And if he loses his dispute with the I.R.S. over the 2010 refund, he could owe the government more than $100 million (including interest on the original amount).

He is personally on the hook for some of these bills.

In the 1990s, Mr. Trump nearly ruined himself by personally guaranteeing hundreds of millions of dollars in loans, and he has since said that he regretted doing so. But he has taken the same step again, his tax records show. He appears to be responsible for loans totaling $421 million, most of which is coming due within four years.

Should he win re-election, his lenders could be placed in the unprecedented position of weighing whether to foreclose on a sitting president. Whether he wins or loses, he will probably need to find new ways to use his brand — and his popularity among tens of millions of Americans — to make money.
“The fundamental cause of the trouble in the modern world today is that the stupid are cocksure while the intelligent are full of doubt.”— Bertrand Russell
  Moderator maandag 28 september 2020 @ 01:12:25 #42
54278 crew  Tijger_m
42
pi_195297155
quote:
0s.gif Op maandag 28 september 2020 01:05 schreef Ulx het volgende:

[..]

Ze maakte daarmee het "Where's Hunter" argument dat papa wilde gebruiken in de debatten onbruikbaar.
En het is fraude.
Biden zal het waarschijnlijk niet willen gebruiken omdat je dan op Trumps favoriete spelletje ingaat, modder gooien.
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195297157
Jeff Besos kan trump zo uitkopen!

Goeie boekhouder trouwens.
  Moderator maandag 28 september 2020 @ 01:17:59 #44
54278 crew  Tijger_m
42
pi_195297180
quote:
1s.gif Op maandag 28 september 2020 01:12 schreef AnneX het volgende:
Jeff Besos kan trump zo uitkopen!

Goeie boekhouder trouwens.
Bezos zou Trump uitkopen als een rounding error zien. Alles wat Trump bezit is zwaar gehypothekeerd blijkbaar en verlies draaiend.

Wat veel interessanter is dat hij hoofdelijk aansprakelijk is voor die leningen, banken zijn ook niet helemaal achterlijk natuurlijk en weten dondersgoed dat hij de Amerikaanse banken enorm belazerd heeft in zijn faillesementen. Vandaar dat ze de leningen dus persoonlijk gemaakt hebben ipv aan zijn bedrijven.

[ Bericht 11% gewijzigd door Tijger_m op 28-09-2020 01:23:55 ]
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195297213
quote:
0s.gif Op maandag 28 september 2020 01:08 schreef Ulx het volgende:
Maar Trump is dus blut zoals ik al jaren roep. Al zijn stomme geintjes als conventies in de eigen hotels, het is allemaal dubbeltjeswerk. Schrapen om ergens maar geld binnen te krijgen on de schulden af te lossen.
Het vermoeden is ook altijd geweest dat hij de gooi naar het presidentschap zag als een oplossing voor zijn financiele problemen. Hij verwachtte zelf niet eens dat hij zou winnen maar alleen de naamsbekendheid zou al een financiele boost geven.

quote:
His 2016 presidential campaign may have been partly an attempt to resuscitate his brand.

The financial records do not answer this question definitively. But the timing is consistent: Mr. Trump announced a campaign that seemed a long shot to win, but was almost certain to bring him newfound attention, at the same time that his businesses were in need of a new approach.
“The fundamental cause of the trouble in the modern world today is that the stupid are cocksure while the intelligent are full of doubt.”— Bertrand Russell
  maandag 28 september 2020 @ 01:27:28 #46
3928 Ulx
you aint no punk you punk
pi_195297223
70.000$ voor zijn haar?

There will be hell toupée.
I hate to advocate drugs, alcohol, violence, or insanity to anyone, but they've always worked for me.
  Moderator maandag 28 september 2020 @ 01:36:06 #47
54278 crew  Tijger_m
42
pi_195297260
quote:
0s.gif Op maandag 28 september 2020 01:27 schreef Ulx het volgende:
70.000$ voor zijn haar?

There will be hell toupée.
Nou, met de hoeveelheid Oompa Loompa makeup die er op zijn gezicht zat vandaag kan ik mij wel voorstellen dat het duur is, dat zitten toch wel een paar flinke potten op :)
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195297261
quote:
0s.gif Op maandag 28 september 2020 00:58 schreef Tijger_m het volgende:

[..]

Ach, wat is nou een beetje belastingfraude in het swamp? Niks toch.
Tax avoidance is geen tax evasion.
Aut viam inveniam, aut faciam
There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die.
  Moderator maandag 28 september 2020 @ 01:37:36 #49
54278 crew  Tijger_m
42
pi_195297266
quote:
0s.gif Op maandag 28 september 2020 01:36 schreef Barbusse het volgende:

[..]

Tax avoidance is geen tax evasion.
Dat is helemaal correct. Tax fraud is ook geen tax evasion ;)
"The enemy isn't men, or women, it's bloody stupid people and no one has the right to be stupid." - Sir Terry Pratchett.
pi_195297288
quote:
0s.gif Op maandag 28 september 2020 01:37 schreef Tijger_m het volgende:

[..]

Dat is helemaal correct. Tax fraud is ook geen tax evasion ;)
Klopt, maar tax avoidance is voor zover ik weet niet illegaal. Ik vraag me alleen af bij deze korte beschrijvingen of er eigenlijk sprake is van slechts avoidance, niet regelrechte fraude :P
Aut viam inveniam, aut faciam
There he goes. One of God's own prototypes. A high-powered mutant of some kind never even considered for mass production. Too weird to live, and too rare to die.
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