Trump Donnie's net worth falls

Discussion in 'Donald Trump' started by Astrostar, Oct 17, 2017.

  1. Astrostar
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    Astrostar Active Member

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    According to a CNN news article, Donnie Boy's net worth fell $600M last year, while the wealth of most of the wealthy actually increased. Don fell 92 spots on Forbes rich list. Hard to fathom since President Obama left him a great economy on a silver platter. Really surprising since he pays no income taxes. Wonder if a little less time spent on the golf course and more time devoted to business would help the situation.

    He also lost a wad in Scotland. What a great businessman.

    And, his known net worth would fall even more if we knew how much he owes Russia.
     
  2. WillHaftawaite
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    WillHaftawaite Freshman Moderator Staff Member Supporting Member

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    he doesn't?

    got a link?

    Odd, I thought it was against the law for the president to be involved in private business.

    they change that?
     
  3. SassyIrishLass
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    SassyIrishLass Diamond Member

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    Madcow's great revelation says the OP is lying about Trump not paying taxes.
     
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  4. Astrostar
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    Astrostar Active Member

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    Donald Trump Acknowledges Not Paying Federal Income Taxes for Years
     
  5. SassyIrishLass
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    SassyIrishLass Diamond Member

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    LMAO due to a 916 million dollar loss...perfectly legal
     
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  6. WillHaftawaite
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    WillHaftawaite Freshman Moderator Staff Member Supporting Member

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    Did you bother to read your link, or did you just go by the headline?

    "Donald J. Trump explicitly acknowledged for the first time during Sunday’s debate that he used a $916 million loss that he reported on his 1995 income tax returns to avoid paying personal federal income taxes for years."

    "With a $916 million net operating loss in 1995, Mr. Trump could have avoided paying more than $50 million a year in taxable income over 18 years."
     
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  7. SassyIrishLass
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    SassyIrishLass Diamond Member

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    Ooops :)
     
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