Editorials & Other Articles

SWBTATTReg

(22,065 posts)

3. Yes, it's already been speculated that he did in fact, lose a ton of money, and thus, used the ...

Tue Nov 19, 2019, 01:59 PM

Nov 2019

loses to write off against future income. But this runs out before too long, and after 6 bankruptcies, where is the additional monies coming from to continue building, to continue w/ his lifestyle that we all see? I suspect that he's gotten loads of undeclared money from various sources, e.g., the Russians (although they don't have that much money, it's a rather poor country), and drug lords (more likely). That's why he doesn't want to show off his tax statements, people will do an reconciliation against what they estimate he spends on his lifestyle, and compare it to what's he's declared via his taxes. There will be a serious mismatch.

It's how the IRS detects fraud and I've always wondered how in the hell he got away w/ this for so long? A payoff to someone in the IRS?

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Why Trump Won't Release his Taxes, CNN- May 7 2019, Chris Cillizza [View all] Stuart G Nov 2019 OP

And besides being inherited (his money), the tax returns and stuff will show that he's lost just... SWBTATTReg Nov 2019 #1

Not only "Embarrassing", but a field day for everyone. Could show that Trump has lost a huge amount, Stuart G Nov 2019 #2

Yes, it's already been speculated that he did in fact, lose a ton of money, and thus, used the ... SWBTATTReg Nov 2019 #3

And had to make up the losses with Roubles. lagomorph777 Nov 2019 #4

I feel sorry for the repo company chriscan64 Nov 2019 #5