https://n2v.almanacnews.com/square/print/2016/10/02/donald-im-sniff-smart-trump-loses-a-billion-in-95-pays-no-income-taxes-for-at-least-18-years


Town Square

Donald "I'm (sniff) smart" Trump loses a BILLION in '95, pays no income taxes for at least 18 years

Original post made by R Johnson, Menlo Park: other, on Oct 2, 2016

"Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years"

In the roaring '90's real estate market - this so-called 'winner' loses a billion dollars. This let's him avoid income taxes for up to 18 years (maybe more) and now he promises to help YOU by rewriting the tax code to help billionaires.

Okay.

Web Link 18 years of NO INCOME TAXES. The Trump campaign replied, and did not deny the story or the obvious conclusions.

This is the period Trump destroyed one of the great money-making businesses of all time - he lost money running casinos! Had to sell off his prized yacht. He also run the Trump shuttle into the ground. He would later close Trump Steaks. Trump Vodka (who loses money selling boose to Americans?!?) Trump Mortgage - gone, after screwing over working Americans. Trump Financial - also failed.) GoTrump.com, an online travel service - also failed.

This was all well before the 2008 Bush crash, where Trump was so desperate to stay afloat that he took money from Russian oligarchs. Trump's only response to these revelations: "I'll sue!!"

He is so smart.

Meanwhile, Trump, who claims to be running for office to help the little guy, just pancaked people dumb enough to work for him or invest in his operations: "Ordinary investors in the company, meanwhile, saw the value of their shares plunge to 17 cents from $35.50, while scores of contractors went unpaid for work on Mr. Trump’s casinos and casino bondholders received pennies on the dollar."

$35.50 to 17 cents.

But he will make America great again, by losing $916 million a year.

Trump is a grifter, and he is currently pulling a con on 40% of the American voting public.

Are you one of those being conned by Trump?

Can you even admit it in an anonymous forum?

I don't see any Trump signs in Menlo Park or Atherton - please publicly share your support and reasons for supporting a con man who hasn't paid income taxes in 20+ years.

Comments

Posted by Laurel
a resident of Atherton: Lloyden Park
on Oct 3, 2016 at 10:37 am

Trumps tax plans won't eliminate all the loopholes and deductions he used to not pay income taxes for 20 years.

Just cut taxes for billionaires even more.

And then cut services for workers. Cut social security for when they retire. All to cut the taxes of billionaires.

And the white working class non-college men of Ohio want him.

Incredible.


Posted by Yan G
a resident of Atherton: other
on Oct 3, 2016 at 11:37 am

I guess he can release then now. Nothing left to hide.

Just disrespecting voters by not showing 50 years of taxes like the Clintonsame.


Posted by Seaport Sam
a resident of Woodside School
on Oct 3, 2016 at 2:49 pm

This guy is going to get 44% of the vote??????


Posted by I didn't know that
a resident of Menlo Park: Central Menlo Park
on Oct 3, 2016 at 8:43 pm

@ Laurel

You wrote "and the white working class non-college men of Ohio want him".

I agree, it really is incredible.

Non educated voters have a big influence on our elections. In the general election of 2012 voters who claimed "some high school" as their education level voted for Obama over Romney 64% to 35%.


Web Link


Posted by R Johnson
a resident of Menlo Park: other
on Oct 3, 2016 at 9:11 pm

Ha, that's pretty funny, highlighting a group that is only 3% of the entire electorate to try and make a point!

Got another joke? Because even if Mittens got most of the "some HS" group, he would still only have 47% of the vote, ironic, for Mr. 47%, of course.

One notes that Postgraduate study (18% of the electorate) voted Obama 55-42, Your link, of course.

EDUCATION
Some HS
3
64
35
HS graduate
21
51
48
Some college
29
49
48
College graduate
29
47
51
Postgraduate study
18
55
42


Posted by I didn't know that
a resident of Menlo Park: Central Menlo Park
on Oct 3, 2016 at 9:32 pm

@ R Johnson

I was just making a point that non - educated voters make a difference.

College grads voted 51 - 47 Romney over Obama - the only group that favored Romney. Post Grads voted Obama 55 - 42 favoring Obama joining the 'some high school' and 'some college' folks. So does that make Post Grads smarter than everyone else or are they on par with the 'some high school' and 'some college' sub groups? Are the College Grads - the only ones that voted for Romney - the dumb ones? Just trying to follow your logic.

And why do you think this is a joke?