Donald Trump's Tax Plan

[Penelope]

Sure, why not democrats usually have less money. Heres an IOU.

You mean you're out of Obama Bucks???
View attachment 46620

You should thank President Obama for not letting NaziCons starve due to the Great Bush Recession.

You mean the recession that led to 6 1/2 years of economic stagnation under Obozo ( the worst economic recovery since the Great Depression)????

Cant blame Obama, its been coming, the fake war on terror needs to end.

I agree on the fake war on terror ending.... When's Obama going to start a real war on the terrorists??????

What terrorist, SA and Israel?

 

[defcon4]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

 

[Camp]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

 

[Penelope]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

I watched it, and no doubt its true. Most of the rich do not make it by being kind and generous.

 

[defcon4]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

 

[Camp]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

He is part of the team that stole your sense of right and wrong, good and bad and ability to think outside that bubble you live in. Some folks think buying all kinds of stuff, hiring contractors, borrowing money, etc., all the time knowing you will claim bankruptcy and use loopholes and high priced specialized lawyers to not pay them back is thievery. Of course there are also folks who think that is cool.

 

[DrDoomNGloom]

He is part of the team that stole your sense of right and wrong, good and bad and ability to think outside that bubble you live in. Some folks think buying all kinds of stuff, hiring contractors, borrowing money, etc., all the time knowing you will claim bankruptcy and use loopholes and high priced specialized lawyers to not pay them back is thievery. Of course there are also folks who think that is cool.

This is the attitude of a spoiled childish hate monger who understands nothing of business.

Do you really think anyone set out to purposely go bankrupt for the purposes of profit??

You have serious mental issues.

No contributing factors, stricter government regulations, higher taxes, dictated increased wages??

 

[DrDoomNGloom]

Donald Trump Bankruptcy: Personal vs. Corporate Bankruptcy
Bankruptcy is a tool that allows debtors relief from their debt when they cannot pay it back. Through bankruptcy, a debtor can get a "financial fresh start."

However, there are six different types of bankruptcy under the Bankruptcy Code (the federal laws of U.S. bankruptcy): Chapters 7, 9, 11, 12, 13, and 15. These chapters mainly differ in terms of who the debtor is. For example, farmers and fisherman can file for debt relief under Chapter 12 bankruptcy. Municipalities can file for Chapter 9 bankruptcy.

When it comes to the issue of Donald Trump's bankruptcy, we are only concerned with Chapters 7 and 11.

That's because a Chapter 7 filing is indicative of poor financial management skills on behalf of the debtor — a red flag for voters evaluating a presidential candidate. But a Chapter 11 filing doesn't necessarily indicate poor management. In fact, it can be seen as a tool that improves a company's value for investors.

Here's the difference:

• Chapter 7 bankruptcy: Allows an individual to be freed of most debt in exchange for a ruined lined of credit for 10 years.
• Chapter 11 bankruptcy: Allows a corporation to stay in business while it restructures its business and attempts to reduce its debt.

When Trump tweeted, "I never went bankrupt," he was being truthful. The real estate magnate has kept good order of his personal finances.

You see, all four of Donald Trump's bankruptcies were the Chapter 11 type. Each resulted from over-leveraged casino and hotel properties in Atlantic City.

"I've cut debt — by the way, this isn't me personally, it's a company," Trump clarified to Forbes in April 2011. "Basically I've used the laws of the country to my advantage and to other people's advantage just as Leon Black has, Carl Icahn, Henry Kravis has, just as many, many others on top of the business world have."

Donald Trump Bankruptcy A Breakdown Ahead of the 2016 Elections

 

[Jackson]

Cut, slash and burn! No infrastructure, no science, no r&d and certainly no education...South Asia here we come.

We still can have our infrastructure, science and r&d. Education will be like it has been. Work through college and get help from family members.

 

[g5000]

Will it get him elected? Here it is as published in his 2011 book:


Those making:


$30,000 per year will pay 1 percent in federal income taxes

$30,000 to $100,000 will pay 5 percent

$100,000 to $1 million will pay 10 percent

$1 million or above will pay 15 percent


That's it. Nothing more.


Read more @ Donald Trump s Plan for Your Taxes Might Be EXACTLY What He Needs to Win the White House


Donald Trump: America’s walking insult to politicians

Read more at Donald Trump America s walking insult to politicians Communities Digital News

Trump's plan is interesting. Is there an independent study which determined its viability?

 

[g5000]

I think the idea of banning tax expenditures is slowly catching on.

Marco Rubio has introduced a corporate tax plan which ends a lot of tax expenditures. He earned a lot of Cool Points in my book when he did that.

Now Trump is propounding a plan that sounds like it ends all tax expenditures. And I am pretty sure Rand Paul and Ted Cruz are in favor of ending tax expenditures, but they throw up a lot of Fair Tax and Flat Tax smoke which creates a lot of ambiguity as to where they actually stand on tax expenditures. That vagueness is probably deliberate, and typical for politicians with their fingers in the wind.

 

[defcon4]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

He is part of the team that stole your sense of right and wrong, good and bad and ability to think outside that bubble you live in. Some folks think buying all kinds of stuff, hiring contractors, borrowing money, etc., all the time knowing you will claim bankruptcy and use loopholes and high priced specialized lawyers to not pay them back is thievery. Of course there are also folks who think that is cool.

Won't you clam the **** down. I asked a straight question. Just unswear it and do not attack me when I am asking you to specify your statement. Is that too hard? Do you feel cornered and the only way out is by attacking as a defense? Unfuckingbelievable.

 

[g5000]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

A person who declares bankruptcy steals from their creditors.

 

[Obiwan]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

A person who declares bankruptcy steals from their creditors.

If it's a restructured debt, the debt is paid off....

 

[Zander]

He is right about one thing , the wasteful spending in our government.

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

A person who declares bankruptcy steals from their creditors.

Bullshit.

Creditors take a risk whenever they lend money. They are rewarded for their RISK with interest. The higher the risk, the higher the interest (return). Business ventures don't always work out and lenders know that. They expect to lose a certain percentage of their "bets". That's the nature of capitalism.

 

[g5000]

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

A person who declares bankruptcy steals from their creditors.

Bullshit.

Creditors take a risk whenever they lend money. They are rewarded for their RISK with interest. The higher the risk, the higher the interest (return). Business ventures don't always work out and lenders know that. They expect to lose a certain percentage of their "bets". That's the nature of capitalism.

Interest rates on loans would be lower if less people defaulted. So Trump not only stole from his creditors, he stole from everyone who takes out a loan.

 

[g5000]

No, he is a liar who is good at scamming. Businesses and even large corporations go broke from mismanagement and waste every day. That is what the bail outs were all about. That is what bankruptcy is all about. Trump had to claim bankruptcy four times. That means on four occasions he went broke from mismanagement and waste and had to be rescued and bailed out.

trumpthemovie.com

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

A person who declares bankruptcy steals from their creditors.

If it's a restructured debt, the debt is paid off....

There is a haircut involved, and the creditors are on the receiving end of the haircut.

 

[Zander]

…so, now he learned what not to do and can get it right, no?

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

A person who declares bankruptcy steals from their creditors.

Bullshit.

Creditors take a risk whenever they lend money. They are rewarded for their RISK with interest. The higher the risk, the higher the interest (return). Business ventures don't always work out and lenders know that. They expect to lose a certain percentage of their "bets". That's the nature of capitalism.

Interest rates on loans would be lower if people didn't default. So Trump not only stole from his creditors, he stole from everyone who takes out a loan.

Grow up. Stop drinking the piss.

 

[g5000]

I guess if you are a gambler that is one way to look at it. Watch the movie trumpthemovie.com and you can see how the hustle works.
Funny you think maybe he is learning. I think he always knew exactly what he was doing. He is a natural born hustler and thief.

What did he steal?

A person who declares bankruptcy steals from their creditors.

Bullshit.

Creditors take a risk whenever they lend money. They are rewarded for their RISK with interest. The higher the risk, the higher the interest (return). Business ventures don't always work out and lenders know that. They expect to lose a certain percentage of their "bets". That's the nature of capitalism.

Interest rates on loans would be lower if people didn't default. So Trump not only stole from his creditors, he stole from everyone who takes out a loan.

Grow up. Stop drinking the piss.

Simple facts. Sorry about that.

 

[g5000]

Donald Trump would go on to bankrupt the United States. But hey, Zander would have you believe there is no harm in that.

"Our creditors knew the risks!"