Discussion: Bookkeeper: Manafort Biz Lost More Than $1 Million In 2016

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Worked on it for free.

Yeah, right. What kind of few-person shop even has the money to sustain that kind of loss?

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You hock a few ostrich jackets and a karaoke machine and boom you’re solvent again.

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Hey, who didn’t? Just a decent, honest, working-class blue collar guy like the rest of us.

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So the premise is that although he was officially losing money and therefor not owing taxes, the fake invoices show he was really making money?

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What kind of person would offer to be campaign chairman of a major presidential campaign for free?

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Just a Patriotic American, Doing His Part to Stop Crooked Hillary.

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2016!. Clearly Obama’s fault.

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Yeah and we all know that’s a million dollars :dollar: that he purposely DID NOT PAY TAXES ON?

WTF NOT?

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A bookkeeper for Paul Manafort testified Thursday afternoon that his consulting company posted a net loss of more than $1 million in 2016, the same year Manafort worked on President Trump’s campaign.

Everything Trump Touches Dies.

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The kind who was expecting his quid quo from some other pro.

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Trump blames the government for not warning him about Manafort! What a dotard!

Trump is officially warned his new communications director is a guilty abuser of women…to which Trump declares Bill Shine a great man mistreated by the media!

Trump and the MAGAats deserve each other!

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“A bookkeeper for Paul Manafort testified Thursday afternoon that his consulting company posted a net loss of more than $1 million…”

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The same thing happened to me every year of my working career. I’d start the year expecting to make $1,0X0,000 and routinely came up a million short.

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Just like Tad Devine.

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Okay, I’ll bite. How do you spell “September?"

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This article is highly biased against Manafort.

If his net earnings in 2016 had been $10 million, he would have had to pay about $4 million in taxes. With a net loss of more than $1 million, he would have about $0.3 million in tax loss carryforwards.

That means his tax liability was $4.3 million less than it would have been if he’d netted $10 million.

10 + 4.3 = 14.3, so Manafort’s business essentially made $14.3 million in 2016.

Thank you. Please let all rightwing grifters know that I am accepting new clients. The initial consultation is free. If hired, I accept only small bills or GriftCoin, payable in advance.

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School.

Presumably, “September” is an example of a word that had been misspelled, not an example of a misspelling.

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No wonder Donald liked him so much. A businessman a shitty as he is.

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The kind that knows Uncle Pootie is gonna fill up my bank account if I can pull this off…

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