Trump-$1.2 Billion In Core Business Losses

[TroglocratsRdumb]

What a businessman!

How did anyone lose money in the 90s during the dot com boom?

yes, when the tech stock bubble burst it caused a recession which Billyboy Clinton handed to Bush

 

[Dont Taz Me Bro]

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.

Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses

Now we know, from a financial standpoint, just how irresponsible, reckless, and utterly clueless this guy is as a business owner, and we want him running the country?

Uh, no. No, thinking people don't.

This is old news. Everyone has known this for a long time

 

[Ray From Cleveland]

What a businessman!

How did anyone lose money in the 90s during the dot com boom?

yes, when the tech stock bubble burst it caused a recession which Billyboy Clinton handed to Bush

In the OP it stated the early 90's which the economy was still sluggish. It didn't really kick in until the end of Clinton's first term after the Republicans took over leadership of Congress.

 

[WEATHER53]

It isnt damning at all. Under Clinton, Bush and Obama, they lost over 16 Trillion dollars. President Trump inst even in the big leagues compared to them.

Clinton - Bill Clinton: Added $1.396 trillion, a 32 percent increase from the $4.4 trillion debt at the end of George H.W. Bush's last budget, FY 1993.

Bush - George W. Bush:President Bush added $5.849 trillion, the second-greatest dollar amount. It was the fourth-largest percentage increase. Bush increased the debt by 101 percent from where it started at $5.8 trillion on September 30, 2001. That's the end of FY 2001, which was President Clinton's last budget.​

Obama - Barack Obama: Under President Obama, the national debt grew the most dollar-wise. He added $8.588 trillion. This 74 percent increase was the fifth-largest. Obama's budgets included the economic stimulus package. It added $831Billion by cutting taxes, extending unemployment benefits , and funding public works projects.

​

LOL

And Trump's on pace to add $9 trillion if he's in office for 8 years.

Basically...Trump is useless with money.


So...he sexually assaults women (and brags about it), is xenophobic, admires despots, is stupid, is a galactic liar, is lousy with money and cons people en masse.

Shit...what a piece of excrement this man is.

And Biden doesn't?

Who accused Biden of sexual assault?

Little girls. Lots of little girls.

The last time my hands were on children like that who Weren’t my children was Never. Are they his grandkids?

 

[Stormy Daniels]

The man is responsible for the most success (unemployment and economy) in the US in decades, in some cases 'EVER'.

Yeah, you're going to need to prove that one.

 

[Denizen]

$ 1.2 billion is chicken feed and chump change now Donald Trump has his hands in Uncle Sam's cash register which is missing $ 1 trillion a year since Donald duped the GOP.

 

[Papageorgio]

What a businessman!

How did anyone lose money in the 90s during the dot com boom?

In 1990 and 1991? Many lost money. The dot.com boom didn’t start until the late 90’s and by the end of dot.com era, many lost millions and billions of dollars. Remember?

 

[Papageorgio]

I wouldn’t be upset if I lost billions and still had a billion left. That wouldn’t bother me at all. And if people that are trying to scrap out an existence and make a few thousand a year want to call me a failure, that would be fine with me. Some people hate success.

 

[satrebil]

What a businessman!

How did anyone lose money in the 90s during the dot com boom?

The dot com boom was from 1997 to 2001. At least TRY to troll intelligently.

 

[satrebil]

Face it Trumpies, your boy is clueless.

Oh yeah? How many skyscrapers you got with YOUR name on them, smartass?

 

[satrebil]

I just find it funny watching leftists squeal in delight at things they clearly don't understand. You can always pick out the ones that have no idea how business works.

Protip, leftists: Lots of companies & corporations, big and small, have extended periods of loss. This is nothing new.

 

[Polishprince]

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.

Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses

Now we know, from a financial standpoint, just how irresponsible, reckless, and utterly clueless this guy is as a business owner, and we want him running the country?

Uh, no. No, thinking people don't.

My guess is that President Trump knows exactly what happened here, and the information is phony.

Just like the Killian letters from 2004

The whole thing will probably explode in fairly quick order. Just like when the Killian letter that Karl Rove arranged to appear on CBS exploded.

The New York Times is a sleaze ball outfit, they would definitely print something like this without really checking to see if it is valid or not.

 

[nat4900]

......AND, because of those astronomical losses, the orange clown has hardly paid ANY taxes......

Want to know who the 2018 Trump tax scam helps the most????............Easy guess..........real estate scammers.

 

[nat4900]

Oh, poor Mr. Trump. He lost 1 billion and had only 7 more left. Irresponsible? Clueless?

This ignorant Trump ass kisser actually has the ******* STUPIDITY to believe that Trump is worth many more "billions".......

How does he "know"???......The orange clown told him WHAT to believe....MORON....LMAO

 

[Harpy Eagle]

Umm..ok? In 1985? That was over 30 years ago...Way before he even thought about becoming a President. Way before he started The Apprentice (2004).

He didn’t start the Apprentice


Sent from my iPhone using USMessageBoard.com

 

[Slyhunter]

Breaking News; Trump likes females.

 

[Thinker101]

......AND, because of those astronomical losses, the orange clown has hardly paid ANY taxes......

Want to know who the 2018 Trump tax scam helps the most????............Easy guess..........real estate scammers.

Is that a guess, or are you relying on your vast expertise as a CPA? Darn those pesky tax laws...dumbass.

 

[nat4900]

Trump ass kissers are in a frenzy to protect their orange charlatan..........

Tale a seat on this cart, MORONS.........LMAO

 

[nat4900]

The numbers show that in 1985, Mr. Trump reported losses of $46.1 million from his core businesses — largely casinos, hotels and retail space in apartment buildings. They continued to lose money every year, totaling $1.17 billion in losses for the decade.

In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners. His core business losses in 1990 and 1991 — more than $250 million each year — were more than double those of the nearest taxpayers in the I.R.S. information for those years.

Decade in the Red: Trump Tax Figures Show Over $1 Billion in Business Losses

Now we know, from a financial standpoint, just how irresponsible, reckless, and utterly clueless this guy is as a business owner, and we want him running the country?

Uh, no. No, thinking people don't.

 

[Mortis]

He didn’t start the Apprentice

British-born American television producer Mark Burnett.

Got it! I was used to watching The Apprentice when Trump was on.

Thank you for clarifying.