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Breaking: CNN reporting that 10 years of Trump’s tax returns have been given to the NYT.

Posted on 5/7/19 at 6:12 pm
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 5/7/19 at 6:12 pm
I’m shocked that it took this long.

This post was edited on 5/7/19 at 6:14 pm
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64051 posts
Posted on 5/7/19 at 6:13 pm to
Got him.
Posted by TigerBait1971
PTC GA
Member since Oct 2014
14865 posts
Posted on 5/7/19 at 6:14 pm to
This is not going to end like they think it will.
Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 5/7/19 at 6:14 pm to
Declassify everything now
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120304 posts
Posted on 5/7/19 at 6:15 pm to
Will show that Trump is a rich guy that pays a lot of taxes
Posted by TigerB8
End Communism
Member since Oct 2003
9322 posts
Posted on 5/7/19 at 6:15 pm to
some people will be going to jail very fast....
Posted by GetBackToWork
Member since Dec 2007
6260 posts
Posted on 5/7/19 at 6:15 pm to
Cohen?
Posted by McChowder
Hammond
Member since Dec 2006
5236 posts
Posted on 5/7/19 at 6:15 pm to
Wont matter. Trump will neither deny or confirm they are legit and no one else will be able to verify their authenticity without committing a crime.

This may be a trial balloon by Trumps camp too. Leak it unofficially and let the speculation in the media run its course.
Posted by StrongSafety
Member since Sep 2004
17547 posts
Posted on 5/7/19 at 6:15 pm to
Or show that he’s the horrible business man facts show
Posted by Sweltering Chill
Member since Aug 2017
2150 posts
Posted on 5/7/19 at 6:16 pm to
LINK
This post was edited on 5/7/19 at 6:18 pm
Posted by Hangit
The Green Swamp
Member since Aug 2014
39147 posts
Posted on 5/7/19 at 6:16 pm to
They've got him now. There is no way he will beat Hilldawg in 2016 now.

He set up an empire and made munny. REEEEEEEEEEEEE!
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 5/7/19 at 6:16 pm to
With all of the resistance, bureaucrat types at the IRS, I’m shocked regarding how long this took.
Posted by Decatur
Member since Mar 2007
28719 posts
Posted on 5/7/19 at 6:16 pm to
quote:

Mr. Trump was propelled to the presidency, in part, by a self-spun narrative of business success and of setbacks triumphantly overcome. He has attributed his first run of reversals and bankruptcies to the recession that took hold in 1990. But 10 years of tax information obtained by The New York Times paints a different, and far bleaker, picture of his deal-making abilities and financial condition.

The data — printouts from Mr. Trump’s official Internal Revenue Service tax transcripts, with the figures from his federal tax form, the 1040, for the years 1985 to 1994 — represents the fullest and most detailed look to date at the president’s taxes, information he has kept from public view. Though the information does not cover the tax years at the center of an escalating battle between the Trump administration and Congress, it traces the most tumultuous chapter in a long business career — an era of fevered acquisition and spectacular collapse.

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.

Over all, Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years. It is not known whether the I.R.S. later required changes after audits.


LINK
Posted by RazorBroncs
Harding Bisons Fan
Member since Sep 2013
13540 posts
Posted on 5/7/19 at 6:17 pm to

Oh shite!

If this is truly the case and it was done illegally (it appears as much), it'll push Trump over the edge. He'll go nuclear.

If I were the Dems and anybody involved in spygate this is NOT how I would want this to happen.
Posted by Cs
Member since Aug 2008
10471 posts
Posted on 5/7/19 at 6:17 pm to
Amazing how this drops just as the Mueller Report fanaticism starts to die out.
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37644 posts
Posted on 5/7/19 at 6:18 pm to
quote:

Will show that Trump is a rich guy that pays a lot of taxes



Would be willing to bet Trump doesn't pay taxes. If there is a loophole you know Trump exploited it.
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 5/7/19 at 6:18 pm to
We live in interesting times, my friends.

The swamp is playing their best cards.



Posted by Bunyan
He/Him
Member since Oct 2016
20828 posts
Posted on 5/7/19 at 6:19 pm to
quote:

We don’t have Donald Trump’s actual tax returns. Rather we obtained printouts from his official I.R.S. tax transcripts, with figures from his federal 1040, for 85 to 94. Here’s an explanation of our sourcing ->

LINK

Posted by indianswim
Plano, TX
Member since Jan 2010
18797 posts
Posted on 5/7/19 at 6:19 pm to
All that and the economy is still humming? Hot damn!
Posted by Sweltering Chill
Member since Aug 2017
2150 posts
Posted on 5/7/19 at 6:19 pm to
‘Brilliant businessman’ my arse.

Celebutard-in-Chief is all he is, nothing more.
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