Trump's taxes show chronic losses and years of tax avoidance

[GeorgiaDon 340]

12 minutes ago, kallend said:

I bet AG Vance and his team are very busy right now.

If you meant AG Barr, I agree with you. Indeed, I think this whole scheme to challenge the actual vote, get it thrown out, and substitute a vote by state legislatures is a big Barr shit pie.  It's right up his alley in terms of constitutional law and wanting to turn the clock back 200-300 years.  On the other hand, Trump has never read the constitution (or anything else that isn't directly about himself) and he would have no idea that such a thing is even possible.

[wmw999 2,121]

No way he'll go to Federal prison. Yes, the SC will see to that, with everyone giving the precedent of Nixon and how he basically just faded away.

But Trump, of course, won't fade away. He's incapable of it. Only if he moves to some remote unextraditable island with the condition that he NOT start up a "escaping the US" reality show.

Wendy P.

[GeorgiaDon 340]

1 hour ago, wmw999 said:

No way he'll go to Federal prison. Yes, the SC will see to that, with everyone giving the precedent of Nixon and how he basically just faded away.

But Trump, of course, won't fade away. He's incapable of it. Only if he moves to some remote unextraditable island with the condition that he NOT start up a "escaping the US" reality show.

Wendy P.

He deserves to go to prison, for may reasons, top of the list being his criminal handling of the pandemic.  Nevertheless I think it would be even more dangerous to the country to do that.  As it is, it will take at least a generation to heal the divisions he has exacerbated, I think, even without the added gasoline on the fire of sending him to club fed.  However, maybe a nice gold-colored yurt on some island in the Aleutians would be appropriate.  No internet of course.  I hear he is popular in Alaska, maybe Sarah Palin could nursemaid him in his dotage.

Don

[wmw999 2,121]

22 minutes ago, GeorgiaDon said:

He deserves to go to prison, for may reasons, top of the list being his criminal handling of the pandemic.  Nevertheless I think it would be even more dangerous to the country to do that.  As it is, it will take at least a generation to heal the divisions he has exacerbated, I think, even without the added gasoline on the fire of sending him to club fed.  However, maybe a nice gold-colored yurt on some island in the Aleutians would be appropriate.  No internet of course.  I hear he is popular in Alaska, maybe Sarah Palin could nursemaid him in his dotage.

Don

I can remember my shock at Nixon's pardon; it seemed unfathomable. But in the long run it was probably better -- especially if I want to espouse that prison is more for rehab than it is for punishment (which is, to my way of thinking, a more cost-effective approach to prison). So as much titillating fun as it might be to see a blow-by-blow, it'd distract from the real work that needs to be done in the US, and it would serve to further harden the objections of his base to anything that any liberal utters or thinks.

The one thing is that I really don't think Trump would slink away, and that has the potential to be as damaging as a blow-by-blow. Let the state courts deal with it. They have the jurisdiction.

Wendy P.

[yoink 321]

17 hours ago, SkyDekker said:

I can't say I think less of Trump for avoiding taxes. I do think less of him for evading taxes. 

 

Honestly I had to google that. I never realized there was a difference.

I agree. Avoidance is fair game. Evasion is not.

[billvon 2,396]

44 minutes ago, GeorgiaDon said:

He deserves to go to prison, for may reasons, top of the list being his criminal handling of the pandemic.  Nevertheless I think it would be even more dangerous to the country to do that.

Agreed.  He will be pardoned of any federal crimes.  In New York State I hope he is found guilty, fined and released.  That way his supporters can say "he beat the rap" and celebrate - but the record will be clear on what he did.

[GeorgiaDon 340]

3 minutes ago, billvon said:

Agreed.  He will be pardoned of any federal crimes.  In New York State I hope he is found guilty, fined and released.  That way his supporters can say "he beat the rap" and celebrate - but the record will be clear on what he did.

It would not hurt to see him fined enough to significantly crimp his lifestyle.  His kids should also not be able to hide behind daddy's celebrity.  We will see, though.  So far he has always been able to use his illusion of wealth to be able to run out the clock on legal problems.

[JerryBaumchen 1,048]

2 hours ago, GeorgiaDon said:

If you meant AG Barr, I agree with you. Indeed, I think this whole scheme to challenge the actual vote, get it thrown out, and substitute a vote by state legislatures is a big Barr shit pie.  It's right up his alley in terms of constitutional law and wanting to turn the clock back 200-300 years.  On the other hand, Trump has never read the constitution (or anything else that isn't directly about himself) and he would have no idea that such a thing is even possible.

Hi Don,

I believe that he means Cyrus Vance, Atty Gen of New York state.

It's the state crimes that ( IMO ) Trump should be most worried about.

Jerry Baumchen

 

[SkyDekker 1,121]

43 minutes ago, billvon said:

Agreed.  He will be pardoned of any federal crimes.  In New York State I hope he is found guilty, fined and released.  That way his supporters can say "he beat the rap" and celebrate - but the record will be clear on what he did.

Considering you have people spending life in jail without the possibility of parole for shoplifting, I think he definitely deserves time in jail if some of the accusations are correct. 

[billvon 2,396]

1 minute ago, SkyDekker said:

Considering you have people spending life in jail without the possibility of parole for shoplifting, I think he definitely deserves time in jail if some of the accusations are correct. 

If it leads to a better outcome for America as a whole, I am OK with him not going to jail.  A guilty verdict is sufficient to put an end to any question of the legality of his actions.  

 

[JerryBaumchen 1,048]

1 hour ago, wmw999 said:

I can remember my shock at Nixon's pardon; it seemed unfathomable. But

-- especially if I want to espouse that prison is more for rehab than it is for punishment (which is, to my way of thinking, a more cost-effective approach to prison). So as much titillating fun as it might be to see a blow-by-blow, it'd distract from the real work that needs to be done in the US, and it would serve to further harden the objections of his base to anything that any liberal utters or thinks.

The one thing is that I really don't think Trump would slink away, and that has the potential to be as damaging as a blow-by-blow. Let the state courts deal with it. They have the jurisdiction.

Wendy P.

Hi Wendy,

Re:  'in the long run it was probably better'

While many people believed that it was a conspiracy between Nixon & Ford, Ford always said that he pardoned Nixon because he feared Nixon would commit suicide.  I agree with Ford.

Re:  'my shock at Nixon's pardon'

After all of the Watergate horsepucky, I was not shocked about much of anything then.

Re: 'I really don't think Trump would slink away'

I think, if it got too hot for him, he would go to somewhere like Saudi Arabia where he could be safe from extradition.

Jerry Baumchen

 

[wolfriverjoe 1,340]

1 minute ago, JerryBaumchen said:

Hi Don,

I believe that he means Cyrus Vance, Atty Gen of New York state.

It's the state crimes that ( IMO ) Trump should be most worried about.

Jerry Baumchen

 

Actually, Vance is Manhattan DA. 

NY State AG is Letitia James.

Remember when Trump threated to withhold aid from New York back in spring? Telling the governor that the aid for the pandemic hinged upon a civil suit 'going away'?

And James replying that she is an elected official, not a lackey of the governor?

 

38 minutes ago, GeorgiaDon said:

It would not hurt to see him fined enough to significantly crimp his lifestyle.  His kids should also not be able to hide behind daddy's celebrity.  We will see, though.  So far he has always been able to use his illusion of wealth to be able to run out the clock on legal problems.

If the reports on his tax returns are correct, his 'lifestyle' is going to get seriously 'crimped' fairly soon.

He's a lot closer to broke than he'll admit. 

Many people have wondered 'what does Putin have on him?'
Right now, I'd guess solid evidence of laundering money for the Russian mob, among other things.

[JerryBaumchen 1,048]

3 minutes ago, billvon said:

If it leads to a better outcome for America as a whole, I am OK with him not going to jail.  A guilty verdict is sufficient to put an end to any question of the legality of his actions.  

Hi Bill,

IMO although he really deserves to go to the slammer, I agree with you.

Jerry Baumchen

PS)  As I have posted before, once he is out of office, he will be the most vilified person in the world.

 

[SkyDekker 1,121]

1 minute ago, JerryBaumchen said:

Hi Wendy,

Re:  'in the long run it was probably better'

While many people believed that it was a conspiracy between Nixon & Ford, Ford always said that he pardoned Nixon because he feared Nixon would commit suicide.  I agree with Ford.

Re:  'my shock at Nixon's pardon'

After all of the Watergate horsepucky, I was not shocked about much of anything then.

Re: 'I really don't think Trump would slink away'

I think, if it got too hot for him, he would go to somewhere like Saudi Arabia where he could be safe from extradition.

Jerry Baumchen

 

I think that other than Nixon and Trump both being presidents, there is no comparison. Nixon's crimes related to being president. trump's crimes relate to his life before being president, before being in politics. The idea that being a politician leads to a consequence free criminal life prior to being a elected cannot be good for any country.

[JerryBaumchen 1,048]

Just now, wolfriverjoe said:

Actually, Vance is Manhattan DA. 

Hi Joe,

My bad; thanks for the correction.  I'll now remember it for the rest of my days.  

Jerry Baumchen

[GeorgiaDon 340]

I agree that there are DAs at the state level who are much more likely to make Trump's life unpleasant for some time to come.  It's a good thing that the President cannot pardon state crimes.  I also recall reading, back when the NYT did it's expose' on Fred Trump using his kids to dodge taxes, that there is no statute of limitations on tax crimes in New York State.  I suspect the whole idea of using your kids to evade taxes goes back to Trump's father.  If I recall correctly, Fred put Donald on the Board of Directors of one of his companies and paid him a huge salary for the times when Donald was 3 or 4 years old.

I stand by my comments re Barr though.  This whole scheme to steal the election seems to be consistent with what Barr has promoted, given his totally unsubstantiated insistence that "foreign governments" will flood the polls with fraudulent mail-in ballots.

Don

[kallend 1,623]

5 hours ago, GeorgiaDon said:

If you meant AG Barr, I agree with you. Indeed, I think this whole scheme to challenge the actual vote, get it thrown out, and substitute a vote by state legislatures is a big Barr shit pie.  It's right up his alley in terms of constitutional law and wanting to turn the clock back 200-300 years.  On the other hand, Trump has never read the constitution (or anything else that isn't directly about himself) and he would have no idea that such a thing is even possible.

Actually I meant DA Vance.

https://en.wikipedia.org/wiki/Cyrus_Vance_Jr.

[GeorgiaDon 340]

31 minutes ago, kallend said:

Actually I meant DA Vance.

https://en.wikipedia.org/wiki/Cyrus_Vance_Jr.

I'm sure you are right that he is very busy.  Interesting position to be in, trying to get Trump's tax returns through the courts and then seeing them (or a detailed synopsis) on the news.  I guess we all have an idea of what Vance is after now, it's far more than payments to porn stars.

Don

[Phil1111 910]

1 hour ago, GeorgiaDon said:

I'm sure you are right that he is very busy.  Interesting position to be in, trying to get Trump's tax returns through the courts and then seeing them (or a detailed synopsis) on the news.  I guess we all have an idea of what Vance is after now, it's far more than payments to porn stars.

Don

I like the concept that they have Ivanka in the fraud and tax evasion scheme for at least $747,622.

Certainly wouldn't want her to miss out on the family's 10-30 year visit to Rikers Island.

[obelixtim 100]

I wonder how many IOUs Vlad is holding?

[billvon 2,396]

On 9/29/2020 at 5:05 PM, obelixtim said:

I wonder how many IOUs Vlad is holding?

About 300 million.

[kallend 1,623]

Now that Trump is all better, perhaps we can bring this topic back and discuss why I should pay more income tax than he does, while not getting free health care at taxpayer expense.

[wmw999 2,121]

I read on Facebook that it’s because he’s smart and understands tax law. 
I’m not reading much on FB these days 
Wendy P. 

[gowlerk 1,910]

2 minutes ago, kallend said:

Now that Trump is all better, perhaps we can bring this topic back and discuss why I should pay more income tax than he does, while not getting free health care at taxpayer expense.

Obviously he is smarter than you 

[kallend 1,623]

Just now, gowlerk said:

Obviously he is smarter than you 

And Einstein too.  He paid taxes.