trump taxes

The big package

Well-Known Member
Richard Painter, who served as chief ethics attorney in Republican George W. Bush’s White House, also noted that Trump-owned companies have declared bankruptcy six times, raising the question: Why have lenders been willing to keep risking loans of such enormous amounts?
“Why would banks assume the risk on these loans?” Painter said. “Or did someone else quietly assume risk of that loan for the bank to make it happen?”
Maybe because Donald Trump has an assets worth well over a billion dollars . He owns real estate all over the world !!! And by the way , he also employs thousands and thousands of people something Joe Biden has never done !!!
 

fishtm2001

Well-Known Member
Maybe because Donald Trump has an assets worth well over a billion dollars . He owns real estate all over the world !!! And by the way , he also employs thousands and thousands of people something Joe Biden has never done !!!

The resorts, hotels, and buildings the Trump Organization owns are not generating enough money to pay back its debts.

• Trump has personally guaranteed $421 million worth of those debts, of which about $300 million is due within the next four years, and doesn’t seem to have any way to make good on them except by liquidating assets.

• One of the ways he appears to be trying to keep cash on hand is by claiming things that aren’t legitimate business expenses (like transfers of money to his daughter and payments to lawyers working on cases related to his political campaigns) as business expenses so he doesn’t have to pay income taxes.
 

oldngray

nowhere special
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fishtm2001

Well-Known Member



 

El Correcto

god is dead



Not a single one of those sites is worth a damn.
 
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