How does an individual LOSE $1 Billion in a year?

[Mac1958]

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. Hey, it's not their fault. They're ignorant. How would they know?

.

 

[NYcarbineer]

Obviously, youre ignorant of tax law and liability. You'll also note that the nyt defrauded the IRS out of millions due to some shuck and jive accounting.

The New York Times Paid No Taxes in 2014
The New York Times Paid No Taxes in 2014 - Breitbart

Did the NYT LOSE a billion dollars in 2014???

Wooooosh, right over your ignorant noodle. We get it toady, you hate Trump....you really don't think you're going to change anyone's minds do you? That goes for all you leftists. The anti Trump insanity on this forum has went from comical to just sad.

Tell us how great a businessman Trump is.

Obviously better than you could ever be, Dumb Deer.

Really? How many billions would you guess I've lost?

 

[NYcarbineer]

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. It's not their fault. They're ignorant. How would they know?

.

Worst analogy ever.

 

[NYcarbineer]

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. It's not their fault. They're ignorant. How would they know?

.

Worst analogy ever.

H

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. Hey, it's not their fault. They're ignorant. How would they know?

.

Here was your better comparison to Trump...

Report: Michael Jordan Out $12.6 Million in Gambling Losses Thanks to Charlotte Bobcats' Surprising 7-7 Start - SportsPickle

 

[Weatherman2020]

Did they check under the sofa cushions?

Obama lost trillions.

 

[Mac1958]

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. It's not their fault. They're ignorant. How would they know?

.

Worst analogy ever.

H

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. Hey, it's not their fault. They're ignorant. How would they know?

.

Here was your better comparison to Trump...

Report: Michael Jordan Out $12.6 Million in Gambling Losses Thanks to Charlotte Bobcats' Surprising 7-7 Start - SportsPickle

Thank you. Perfect.

Take a good look, folks. They deflect from Michael Jordan's quote from his playing days as a way to discredit the quote. And the quote, of course, has nothing to do with the deflection.

When someone succeeds through hard work, sacrifice and even failure, they immediately become a target of the Regressive Left. You didn't build that. You didn't earn that. You don't own that.

Absolutely perfect.
.

 

[bripat9643]

how do the clinton make a billion dollars a year.

Well, YOU choose whether it is "better" to make or to lose a billion dollars, while claiming that you're the best, ever businessman and run on a mantra that he could realize the same fate for this country......Go on, defend, my dear.....

When you make it by selling your government office for personal gain, then it's better to lose $1 billion..

 

[LordBrownTrout]

Obviously, youre ignorant of tax law and liability. You'll also note that the nyt defrauded the IRS out of millions due to some shuck and jive accounting.

Brilliant response.....Not able to "defend" Trump......you're going after the NYT.........Shows the caliber of intelligence of one of Trump's acolytes......Good luck.

No, it shows that you are a complete hack and ignorant. That's all.

 

[LordBrownTrout]

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. Hey, it's not their fault. They're ignorant. How would they know?

.

That's exactly true. My first two businesses failed.

 

[SassyIrishLass]

People who know little about what it takes to start, grow and run a successful business don't know that failure is not only a consistent feature of successful business people, most of those successful business people will happily tell you that their failures were a key factor in their long term success.

That doesn't stop these people from pointing out the failures of business people. Hey, it's not their fault. They're ignorant. How would they know?

.

That's exactly true. My first two businesses failed.

Anyone who has succeeded has failed somewhere along the line

 

[nat4900]

Wooooosh, right over your ignorant noodle. We get it toady, you hate Trump....you really don't think you're going to change anyone's minds do you? That goes for all you leftists. The anti Trump insanity on this forum has went from comical to just sad.

Besides the "has went" grammar.....What are you really contributing to the thread?

Many of us well know that its impossible to counter stupidity and hatred from right wingers on these types of forums...but, its always worthwhile to hold a mirror up to your faces.

 

[washamericom]

how do the clinton make a billion dollars a year.

Well, YOU choose whether it is "better" to make or to lose a billion dollars, while claiming that you're the best, ever businessman and run on a mantra that he could realize the same fate for this country......Go on, defend, my dear.....

well as the saying goes i been rich and i been poor, and rich is better.

 

[washamericom]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Trump wants to trust him as a businessman?

harry truman.

 

[nat4900]

What ever Trump did or didn't do was legal or the Hussein administration would have indicted him a long time ago so all the speculation about Trump's taxes is a moot point. The question remains why did the IRS director "take the 5th" when questioned about the IRS being used by the administration to punish political enemies. While we are at it, why did the president authorized 400 million (or more) to be shipped in cash and Swiss bonds and Euros to be shipped to a country that supports terrorism. Lefties often seem confused about the difference between elected officials misusing the IRS and taxpayer dollars and a civilian's God given right to try to keep most of the money he earns.

QUICK !!!!!! Change the subject of the thread.......

 

[SassyIrishLass]

Wooooosh, right over your ignorant noodle. We get it toady, you hate Trump....you really don't think you're going to change anyone's minds do you? That goes for all you leftists. The anti Trump insanity on this forum has went from comical to just sad.

Besides the "has went" grammar.....What are you really contributing to the thread?

Many of us well know that its impossible to counter stupidity and hatred from right wingers on these types of forums...but, its always worthwhile to hold a mirror up to your faces.

I don't really care, loon. You're one of the biggest whiners on this forum. I'm not the one starting thread after thread like you are, am I? And usually the ones you start are variations of existing threads, it's your insatiable need for attention.

Now go play grammar police woman with someone else, idiot

 

[washamericom]

We are not talking about a country here (although there are some whose GDP is just about $1 billion), but we are talking about an individual who is running for president on the mantra of "the best businessman on the planet.....ever......trust him, believe in him....he's the greatest, etc."

Yes, our tax system is seriously flawed in allowing someone, like Trump, to not only list losses of $916 million in ONE single year (and the repercussions that such a loss may have also caused on others)....BUT to turn around and be exempt from any tax burden for 18 subsequent years...........AND, the clincher, is to carry on in your lifestyle after such a loss, to STILL be living in a penthouse, have a private plane and still be able to walk into most banks and get additional risky loans.

I know that many of us have written Trump's eulogy over many other discovered flaws in Trump's character and history, but surely the average voter must place aside any hatred of Clinton and REJECT this charlatan who could seriously damage not only our economy, but who is thin-skinned enough to even risk our world standing.

Obviously, youre ignorant of tax law and liability. You'll also note that the nyt defrauded the IRS out of millions due to some shuck and jive accounting.

The New York Times Paid No Taxes in 2014
The New York Times Paid No Taxes in 2014 - Breitbart

the another nasty little secret about the benedict arnold gazette:

Eminent Domain Revisited - Gotham Gazette
www.gothamgazette.com/index.php/.../3080-eminent-domain-revisite...
Gotham Gazette
Dec 12, 2005 - Currently, on 43rd Street, the New York Times is building a new headquarters on a property obtained through eminent domain. (Read an article ...
Eminent Domain: Being Abused? - CBS News
www.cbsnews.com/news/eminent-domain-being-abused/
CBS News
Sep 26, 2003 - Under eminent domain, the government buys your property, paying you .... so TheNew York Times can begin building its new headquarters.
Eminent Domain Abuses - How Eminent Domain Works | HowStuffWorks
money.howstuffworks.com/eminent-domain2.htm
One case that was not successful was in New York City, just a few blocks from Times Square. A corner building was taken under eminent domain for the purpose ...


And this isn't happening just in small towns. In New York City, just a few blocks from Times Square, New York State has forced a man to sell a corner that his family owned for more than 100 years. And what's going up instead? A courthouse? A school? Nope. The new headquarters of The New York Times.

The world's most prestigious newspaper wants to build a new home on that block, but Stratford Wallace and the block's other property owners didn't want to sell. Wallace told 60 Minutes that the newspaper never tried to negotiate with him. Instead, The Times teamed up with a major real estate developer, and together they convinced New York State to use eminent domain to force Wallace out. How? By declaring the block blighted.


someone should declare the constitution "blighted by democrats".

 

[nat4900]

There are many billionaires who lose $1B+ in a year, particularly if their personal assets are tied closely to their business holdings.

It's just a matter of percentage and business cycles.

Not that big a deal, really, and certainly not a direct indicator of business acumen.

I dislike Trump for many reasons, but this is not one of them.

That fence post you're sitting on is going to cause hemorrhoids....
But, NO....you do not run as the greatest businessman on the planet as the reason you should be elected president, AND lose $1 billion in a year AND avoid taxation for another 18.......that is not just a partisanship accusation, but logical sanity.

 

[Mac1958]

There are many billionaires who lose $1B+ in a year, particularly if their personal assets are tied closely to their business holdings.

It's just a matter of percentage and business cycles.

Not that big a deal, really, and certainly not a direct indicator of business acumen.

I dislike Trump for many reasons, but this is not one of them.

That fence post you're sitting on is going to cause hemorrhoids....
But, NO....you do not run as the greatest businessman on the planet as the reason you should be elected president, AND lose $1 billion in a year AND avoid taxation for another 18.......that is not just a partisanship accusation, but logical sanity.

What fence? I made my opinion quite clear in this and subsequent posts in this thread.

And again, many billionaires lose a billion in a year. I'm not sure why this is so difficult to understand.

And do you not leverage every tax deduction you can? Is there something wrong with doing so?
.

 

[nat4900]

Thank you. Perfect.

Take a good look, folks. They deflect from Michael Jordan's quote from his playing days as a way to discredit the quote. And the quote, of course, has nothing to do with the deflection.

When someone succeeds through hard work, sacrifice and even failure, they immediately become a target of the Regressive Left. You didn't build that. You didn't earn that. You don't own that.

Absolutely perfect

First of all, Jordan is NOT seeking to run this country.....

Second, to manage to NOT pay taxes for 18 years (and maybe even longer) is NOT a badge of courage to wear on your chest.

One would guess that the MAIN course at Trump U. could well be how to best avoid your responsibility to your country by avoiding ANY taxes.

 

[Mac1958]

Thank you. Perfect.

Take a good look, folks. They deflect from Michael Jordan's quote from his playing days as a way to discredit the quote. And the quote, of course, has nothing to do with the deflection.

When someone succeeds through hard work, sacrifice and even failure, they immediately become a target of the Regressive Left. You didn't build that. You didn't earn that. You don't own that.

Absolutely perfect

First of all, Jordan is NOT seeking to run this country.....

Second, to manage to NOT pay taxes for 18 years (and maybe even longer) is NOT a badge of courage to wear on your chest.

One would guess that the MAIN course at Trump U. could well be how to best avoid your responsibility to your country by avoiding ANY taxes.

Change the tax laws.
.