Discussion: Trump Surrogates Dismiss NYT Report On Tax Returns: He's A 'Genius!'

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He might have some smart lawyers and accountants, but I don’t think a “genius” would lose nearly a billion dollars to begin with.

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What’s so genius about being a perpetual loser?

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That’s the key right there. Geniuses don’t “save up to $50 Million in taxes” by losing $1 BILLION running a casino.

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“Harry Reid mocks Trump tax leaks: ‘Racist incompetent failure managed to lose a billion dollars’”

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clearwater
10m

He might have some smart lawyers and accountants, but I don’t think a “genius” would lose nearly a billion dollars to begin with.

I wish they would concentrate on that . What he did was probably legal , but the stupid factor of running casinos (where the house always wins) into the ground is the real story

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Cone-boy and serial philanderer agree! They’re all geniuses. A real circle of jerks.

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I don’t believe the line about Trump having a fiduciary responsibility to investors over the issue of how much he pays on his personal tax returns. Is that accurate?

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Tax avoidance is one piece of the puzzle, but we should also be thinking about bankruptcy fraud:

Bankruptcy Fraud Warning Signs

  1. Concealment of assets
  2. Serial bankruptcy cases
  3. Failure to keep usual business records
  4. Incomplete or missing books and records
  5. Conduct well outside ordinary business or industry standards and
    practices
  6. Unusual depletion of assets shortly before the bankruptcy filing
  7. Recent departure of debtor’s officers, directors or general
    partners
  8. Unanswered questions or incomplete information on debtor’s
    schedules and statement of financial affairs
  9. Frequent amendments to schedules, statements of financial
    affairs and monthly operating reports
  10. Inconsistencies among recent financial statements, tax returns
    and debtor’s schedules and statements of financial affairs
  11. Absence of knowledgeable officers to testify at the Section 345
    meeting
  12. Inability to contact principals of debtor at debtor’s stated location
  13. Frequent dealings in cash rather than recorded transactions
  14. Sudden depletion of inventory post-petition without plausible
    explanation
  15. Inflated salaries, payments of bonuses or cash withdrawals byofficers, directors,
    shareholders or other insiders
  16. Transfer of property to insiders, shareholders and relatives shortly before bankruptcy
  17. Payoff of loans to directors, officers, shareholders, relatives or other insiders shortly
    before filing.
  18. Transactions with non-debtor subsidiaries, parent companies or affiliated corporations
    owned by the same or related persons or entity
  19. A history of prior litigation or post-petition litigation involving breech of contracts, fraud
    misrepresentations, etc
  20. Complicated corporate structures and relationships.
  21. Creditor confusion concerning corporate structure.
  22. Fire, theft or loss prior to or after filing.
  23. Failure to pay withholding and sales tax.
  24. Startup of a similar business near the time of bankruptcy filing.
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This argument proves that Trump and his surrogates really do think that their supporters are stupid.

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It should also be noted that this genius not only lost a billion dollars when the economy was booming, he did it running a casino. That’s impressive.

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No. One. Cares

That’s true Ann. Nobody cares what you think. You’re an unpatriotic soulless shill. You and Trump can share a suite in hell.

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“They keep saying they want to talk policy, but every time Trump won during the debate was when they talked policy.”

I must have missed those times when he won.

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He pinned her down on trade a bit. But that was about a minute of the debate. Then he went into his Jack Nicholson routine for the next 80 minutes.

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What bothers me most about this “genius” is that he is not a patriotic person. I know that tax avoidance is an American sport but if someone wants to be President, he or she should contribute a share to the government. Trump wants to fix the tax code so that wealthy people would pay even less. All of this proves Trump laughs at the working people who support him and who pay their taxes. A deplorable man.

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" ‘There was enough on that during the debate; can we please move on to the issues? No. One. Cares.’ [Coulter] told the Guardian."

Yes. They. Do. Try again, Annie.
(By the way, how could she have “told” the Guardian that? Do periods appear after each word as she speaks?)

The Bernie Madoff presidential candidate.
Flim Flam and Ponzi taken to a new level.

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Trump’s genius is at self promotion and media manipulation. He sucks at running a business.

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Oh, not just any genius. He’s a SUPER GENIUS.

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“Mr. Trump is a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required.”

They would have a point if the returns were business returns. They were not they were personal returns and the only person benefitted was Trump. He got his lavish and tacky lifestyle underwritten by the American tax payer. Trump making America great for HIM!

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