W. Niederhut Posted September 28, 2020 Share Posted September 28, 2020 Remember the sh*t storm in the M$M recently about Nancy Pelosi getting a haircut? Trump wrote off $70,000 in hair styling fees... 🤥 www.huffpost.com/entry/donald-trump-hair-cost_n_5f714792c5b64deddeefae00 Link to comment Share on other sites More sharing options...
Joe Bauer Posted September 28, 2020 Share Posted September 28, 2020 (edited) 3 hours ago, Robert Wheeler said: It's mostly because you don't know what you are talking about; ("you" as in Trump Haters in general.) Where is the "Tax Fraud" Joe? Knowingly overstating your business and personal expense losses for the purpose of lowering or avoiding your tax liability or increasing a tax refund is a breaking of U.S. IRS tax code law. Overstating one's assets and understating liabilities for the purpose of acquiring bank loans under signed oath is fraud. Paying hush monies to Stormy Daniels and Stephanie Clifford using LLC shell games to hide this is what? Especially in the context of campaign finance laws? If Trump never violated any IRS tax laws why not release every tax document he has? And please, don't throw out this ridiculous childish explanation that he has fought doing so simply because his not paying anymore tax than a part time fast food worker pays doesn't look good to the huge majority of hard working Americans that pay way more than he does in tax liability when they make $50,000 a year and Trump makes $450,000,000. And to say...oh, you would do the same thing as Trump if you had his money ... BS! I wouldn't create an IPO to bring in hundreds of millions of dollars from investors to bail out a casino business that was on the verge of collapse and understating the true state of such default, and then soon after the initial infusion of the stock holders money, cash out my huge share of their invested monies, knowing the stock value would soon drop to pennies on the dollar leaving thousands of these uniformed investors holding the bag and losing up to hundreds of thousands of dollars. I wouldn't deal with banks who it has been proven are the biggest money laundering banks in history. I wouldn't deal with organized crime connect characters in shady real estate deals. I wouldn't sell my soul to dictators just to make more money. I wouldn't start phony charities and then illegally use these for financial purposes outside of the charity charter. I wouldn't take nepotism to the shameless level Trump has in placing his immediate family in tax payer funded government employment positions even if they were ridiculously unqualified and inexperienced. I wouldn't encourage millions of people to go against top expert warnings about pandemic protections just to keep the economy looking good enough to improve my re-election chances. Trump is all these worst character traits. Not I. My working class value system is intact. Look, everyone here knows the American income tax system is rigged in favor of the top 10% wealthiest of our society and 10X more rigged for the top 1%. Warren Buffet publicly stated that his personal wealth increased by 23 billion dollars the day Trump's tax bill went into effect. It's legalized stealing in the minds of working class people who never have the chance to lower their tax liabilities through things like placing some sheep on their property to use the "agricultural preserve" loophole such as Trump has done with his New Jersey golf club business. There are so many ridiculous rich person loopholes like this it's obscene. Trump's $70,000 hair styling expense is just another rich person's tax write off scam. Remember when it came out that Mitt Romney used his wife's $50,000 horse riding therapy as a tax expense right off? Even when a wealthy person declares bankruptcy or loses commercial property income...they win! If they lose rent or other business or investment income, they write it off against other income and that is just one way they get out of paying taxes to the point of none in Trump's case. This rich person favoring tax perversion set up is a given that is so widely acknowledged it's the poor and working person's white elephant in the room joke before any discussion about such things. Edited September 28, 2020 by Joe Bauer Link to comment Share on other sites More sharing options...
Steve Thomas Posted September 28, 2020 Share Posted September 28, 2020 6 hours ago, Steve Thomas said: https://www.local10.com/news/local/2020/09/28/former-trump-campaign-manager-brad-pascale-armed-barricades-self-in-fl-home-police-called/ Steve Thomas I personally find it very suspicious that Parscale goes nutso on the day that the Trump tax story breaks. Sticking him in a psychiatric hospital effectively puts him out of reach. Steve Thomas Link to comment Share on other sites More sharing options...
David Andrews Posted September 28, 2020 Share Posted September 28, 2020 Apparently the military-intelligence community feels we need to make nice with everyone insulted during the Trump years. From the Association of Former Intelligence Officers' (AFIO) conference page: Wednesday, 7 October 2020, 12 noon - Virtual Zoom - The "Andre Le Gallo" San Francisco Chapter hosts Rear Admiral John Bitoff, U.S. Navy (ret) on Restoring Civility to Our Public Discourse Rear Admiral John Bitoff will address what many perceive as the rise of incivility in America. Through the lens of history, he looks at the root causes of the corrosion of manners, and of downright meanness, and he considers why the virtues of humility and kindness seem to be on the wane. The admiral extols civility by recounting military stories and personal anecdotes, and exploring the writings of philosophers, writers, scientists and leaders. His experience in leading men and women in difficult circumstances, of service in the highest level of the military, and his efforts in the field of international relations - particularly arms control - make him especially well-suited to address the topical subject of civility. Rear Admiral John Bitoff, U.S. Navy (ret), has commanded destroyers, the master training base of the Atlantic Fleet, the Combat Logistics Ships in the Pacific Fleet, served as Executive Assistant to the Chairman of The Joint Chiefs of Staff, integrated women aboard U.S. Third Fleet ships, and implemented a Nuclear Forces Treaty with the Soviet Union. He also carried the last Olympic Torch out of San Francisco onto the Golden Gate Bridge for the 1996 Summer Games. His talk on Civility arises from these life experiences, and is most timely in today's world. To participate: This meeting will be conducted via Zoom. Registration link is here. https://www.afio.com/05_events.htm Link to comment Share on other sites More sharing options...
Chris Davidson Posted September 28, 2020 Share Posted September 28, 2020 3 hours ago, Robert Wheeler said: Lastly, I'm thinking Trump Leaked his own tax returns. LOL https://www.forbes.com/sites/alisondurkee/2020/09/01/irs-chief-makes-more-than-100000-per-year-off-trump-property-documents-show/#7bc834127488 Can you say "Conflict of Interest" Link to comment Share on other sites More sharing options...
Steve Thomas Posted September 28, 2020 Share Posted September 28, 2020 LATINOS FOR BIDEN HORSE PARADE!!! https://twitter.com/AdrianEngGast/status/1309947983518035968 Steve Thomas Link to comment Share on other sites More sharing options...
Joe Bauer Posted September 28, 2020 Share Posted September 28, 2020 12 minutes ago, Chris Davidson said: LOL https://www.forbes.com/sites/alisondurkee/2020/09/01/irs-chief-makes-more-than-100000-per-year-off-trump-property-documents-show/#7bc834127488 Can you say "Conflict of Interest" Right in front of our faces! Link to comment Share on other sites More sharing options...
Douglas Caddy Posted September 28, 2020 Share Posted September 28, 2020 Non-Partisan Watchdog Accuses Trump Campaign Of ‘Laundering’ $170 Million Andrew Solender Forbes Staff Business https://www.forbes.com/sites/andrewsolender/2020/07/28/non-partisan-watchdog-accuses-trump-campaign-of-laundering-170-million/#144b73ef6128 Link to comment Share on other sites More sharing options...
Joe Bauer Posted September 28, 2020 Share Posted September 28, 2020 3 minutes ago, Douglas Caddy said: Non-Partisan Watchdog Accuses Trump Campaign Of ‘Laundering’ $170 Million Andrew Solender Forbes Staff Business https://www.forbes.com/sites/andrewsolender/2020/07/28/non-partisan-watchdog-accuses-trump-campaign-of-laundering-170-million/#144b73ef6128 But he hasn't done anything illegal, right Doug? Trump's former fixer attorney for 10 years Michael Cohen opens the door a little on Trump's illegal doings without committing himself in saying Trump actually did do these crimes. Cohen shares mostly anecdotal stories about Trump's personal character and Trump's true feelings about race, women, money, religion, abortion, sex etc. And all are the hypocritical opposite of Trump's created public image. As much as I think Cohen has done a good thing in exposing the true Trump in this way, my gut sense tells me he is still holding back a ton of knowledge regards Trump's involvement in actual criminal endeavors. Perhaps because Cohen himself may have been involved in these? I think Cohen dealt with organized crime people on Trump's behalf more than he will ever admit. I may be wrong...just a gut sense. Link to comment Share on other sites More sharing options...
Andrew Prutsok Posted September 28, 2020 Share Posted September 28, 2020 9 hours ago, Kirk Gallaway said: Joe said: Joe said:"Can you believe how f***ing stupid the IRS is?" "Who would give me a refund check of ten f***ing million dollars?" "They are so stupid!" Yeah I know Joe, people of other countries would just be astonished that some one could get away with so much as people do in the U.S. with the IRS. But,........ but....., but the Government "Deep State" is supposed to be all powerful!, Right Jeff? Part of the IRS' mission is to enable rich people to do the type of stuff Trump was doing. Did you see the story today that the five counties with the highest incidence of taxpayer audits are all poverty-stricken largely African American counties in Mississippi. Link to comment Share on other sites More sharing options...
Andrew Prutsok Posted September 28, 2020 Share Posted September 28, 2020 4 hours ago, Robert Wheeler said: It's mostly because you don't know what you are talking about; ("you" as in Trump Haters in general.) Where is the "Tax Fraud" Joe? Three terms you should know. At the very least, to sound like you know what you are talking about whenever the subject of taxes comes up. Tax Avoidance - legal All of us engage in tax avoidance regularly. It is not illegal. If you own Municipal Bonds in your 401k, you are avoiding paying State or Local taxes. If you buy a $25,000 Suburu in New Jersey instead of a $125,000 Land Rover, you avoid paying $6,000 in Sales taxes. Tax Deferral - legal Any investment you have a profit on, but do not sell in the current year, you defer the tax to a future period. Same thing if you ask to have your Christmas Bonus paid on January 1 of the New Year. Trump mostly engages in deferring taxes. All deferred taxes eventually get paid. There is nothing illegal, immoral or unethical about deferring taxes. Tax Fraud - illegal What's the Fraud? Arguments can certainly be made that the Tax laws are "not fair" or that some rules are desirable and others are not. These are mostly not ethical or moral arguments, just a function of politics, economics, efficiency, perceived fairness, government spending priorities, etc. Many on the right are willing to entertain ideas about taxes, including whether or not the burden should fall more heavily on certain people with higher levels of income and less on people with lower levels of income. Personally, I think Federal Taxes are too complicated, which hurts the middle class more than any other group. In short, if a middle class person must hire a professional to be in compliance with a Federal Law (the Tax Laws), then the law is too complicated. It is hard to have a conversation though when most on the left can't even bother to understand some basic tax concepts. Lastly, I'm thinking Trump Leaked his own tax returns. There is a lot of DOJ/IRS action on the Clinton Foundation investigation front. Charities have some very specific and restrictive rules that could have a big impact on the Donors if not done properly. For example, if the "Joe Bauer Charity" is legitimately formed, and I donate $1,000 to the Charity, then I can claim a Charitable Deduction of $1,000 with the IRS. If my effective tax rate is 20%, then I save $200 in taxes. If the "Joe Bauer Charity" is not set up properly, or he uses donations to buy hookers and cocaine, and I claim a Charitable Deduction of $1,000, even in good faith (I did not know the money was used on hookers, Joe told me it was for a food kitchen) I will have to pay back the $200 in the future. (By Joes actions, I illegally claimed a tax deduction and now I have to pay the IRS.) Imagine the liability of the donors who made contributions to the Clinton Foundation. There is plenty of documentation showing the Foundation was either not set up correctly, and/or set up illegally, and that donations were used for non-charitable purposes, like hookers for Bill Clinton. A company like Microsoft, that donated to the Clinton Foundation directly, and through the Gates Foundation, could find itself with a tax liability in the billions (think 20 years of donations) and be required to make the IRS whole. The amount of Fraud at the Clinton Foundation was huge. Plenty of legitimate Foundations that donated to the Clinton Foundation could be facing huge tax bills; which will eventually fall on the donors, even the smaller donors ($1,000 per year.) Wrote off $750,000 he paid his daughter for consulting fees on hotel deals. She was a full-time employee. I'm not sure it's legal to pay someone as an employee and a contractor, at least my company won't let me do it. Link to comment Share on other sites More sharing options...
Kirk Gallaway Posted September 28, 2020 Share Posted September 28, 2020 I love these rationalizations by Wheeler and Chris. "No rich people pay their taxes. If you were Trump you would be a fool not to do it." It's amazing the American dream's hold on the world, that there's so many people who imagine that they will be billionaires some day and sympathize with Trump, because they wouldn't want the government to take their money away in taxes. And this dream never dies for a lot of them, if they're in their 30's or their 60's. They're going to make it. Dammit! Chris's marketing company, if there wasn't so many foreigners let in by Brexit could be making a killing! If the U.S. would only let him in now, he'd make a real killing in America! (Ok,half joking, I don't know Chris , but Brexit and preserving national symbols seem to be your over riding theme.) Usually outside inheritances and windfalls, lots of people think they're going to get their lucky break in their 20's, but financials arcs are often decided by the time they're 30. There are notable exceptions. Wheeler's just putting on airs, no truly successful person would be as bitter and angry and prone to conspiracy theories, that indirectly probably stymied his life prospects success in his own mind. But what's really sad is all the disenfranchised people who have placed their futures on Trump and will not be able to collect on the system they've put into for years.Those who always thought that they'd have their health care taken care of in old age. They're like trusting children who think the 'deep state" is just picking on Trump and when the time comes Trump will restore the health care system for them, and make it a much better system than Obama ever could, and somehow with the wave of a Trump wand, will provide their retirement for them. **** Joe as far as Cohen withholding information, why would he? If they find out he doesn't come completely clean, he goes back to jail! That's the deal! Link to comment Share on other sites More sharing options...
Andrew Prutsok Posted September 28, 2020 Share Posted September 28, 2020 1 hour ago, Steve Thomas said: I personally find it very suspicious that Parscale goes nutso on the day that the Trump tax story breaks. Sticking him in a psychiatric hospital effectively puts him out of reach. Steve Thomas Parscale's issues may have more to do with this: Link to comment Share on other sites More sharing options...
Joe Bauer Posted September 28, 2020 Share Posted September 28, 2020 25 minutes ago, Andrew Prutsok said: Wrote off $750,000 he paid his daughter for consulting fees on hotel deals. She was a full-time employee. I'm not sure it's legal to pay someone as an employee and a contractor, at least my company won't let me do it. Exactly. Trump gets to write off $750,000 for "Hotel Deal" consulting fees to his daughter? This is for one year? Please. Oh... but it's not "illegal." I can't even write off medical costs my insurance won't cover. Like the three thousand 200 emergency dental bill I'm saddled with over the last 4 months. But Ivanka Trump's expertise in hotel "deal" making garners her 3X more money in one year than most American's have in their entire retirement accounts ... and Trump gets to write this off. RW labels me a "Trump Hater." Nobody hates like Donald Trump. Link to comment Share on other sites More sharing options...
Joe Bauer Posted September 28, 2020 Share Posted September 28, 2020 3 hours ago, W. Niederhut said: Trumpfinger ... I understand you are the one who leaked my tax information to the New York Times. Link to comment Share on other sites More sharing options...
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