Trump Defends $1.17 Billion in Losses as Just for ‘Tax Purposes’
President Trump on Wednesday defended the more than $1 billion he reported in business losses between 1985 and 1994, a previously undisclosed amount revealed in a New York Times investigation, as a best practice that other real estate developers had also used.
Yet even as he tried to explain in a pair of Twitter posts that showing “losses for tax purposes” was considered a “sport” among real estate developers like himself, the president also said The Times’s account was “a highly inaccurate Fake News hit job!”
Trump Defends $1.17 Billion in Losses as Just for ‘Tax Purposes’
President Trump on Wednesday defended the more than $1 billion he reported in business losses between 1985 and 1994, a previously undisclosed amount revealed in a New York Times investigation, as a best practice that other real estate developers had also used.
Yet even as he tried to explain in a pair of Twitter posts that showing “losses for tax purposes” was considered a “sport” among real estate developers like himself, the president also said The Times’s account was “a highly inaccurate Fake News hit job!”
“Fake news hit job?” Which part of the NYT article is fake?
It's funny because he called it "fake" and "old" in the same sentence. How can both be true, unless the NYT's reported it in the 90's, which they didn't. He's so transparent. Can't keep the lies straight for one sentence.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
"Oh Canada...you're beautiful when you're drunk" -EV 8/14/93
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
my small self... like a book amongst the many on a shelf
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
"Oh Canada...you're beautiful when you're drunk" -EV 8/14/93
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
I would have thought the point was that nobody thinking critically would have thought being a "successful businessman" was specifically a highly desired trait in a President at all. Especially not one who was supposedly successful in real estate and development at that level, since that is a SUCH a shady industry. Not to mention the whole casino fiasco.
Post edited by PJ_Soul on
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
I would have thought the point was that nobody thinking critically would have thought being a "successful businessman" was specifically a highly desired trait in a President at all. Especially not one who was supposedly one in real estate and development at that level, since that is a SUCH a shady industry. Not to mention the whole casino fiasco.
agreed
"Oh Canada...you're beautiful when you're drunk" -EV 8/14/93
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
my small self... like a book amongst the many on a shelf
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
And the fact that he couldn't secure loans from US banks is a sure sign that he was struggling, along with the multiple bankruptcy filings.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
And the fact that he couldn't secure loans from US banks is a sure sign that he was struggling, along with the multiple bankruptcy filings.
Not to mention how there is rock solid proof that he lied through his teeth many times to banks in order to secure loans, which is illegal.
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
fair enough, I did not know that.
"Oh Canada...you're beautiful when you're drunk" -EV 8/14/93
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
fair enough, I did not know that.
You're not an American, so it's understandable. I'm pretty impressed with all that you Canadians know as it is. You don't have to live this shit, I don't see why you punish yourself this way.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
fair enough, I did not know that.
You're not an American, so it's understandable. I'm pretty impressed with all that you Canadians know as it is. You don't have to live this shit, I don't see why you punish yourself this way.
All of this shit has a direct impact on Canada and Canadians too, in many, many ways. We have to know it and live it too. We're not just paying attention for shits and giggles.
Post edited by PJ_Soul on
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
0
F Me In The Brain
this knows everybody from other commets Posts: 31,459
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
fair enough, I did not know that.
You're not an American, so it's understandable. I'm pretty impressed with all that you Canadians know as it is. You don't have to live this shit, I don't see why you punish yourself this way.
All of this shit has a direct impact on Canada and Canadians too, in many, many ways. We have to know it and live it too. We're not just paying attention for shits and giggles.
This might be one of those rare comments that us resident Canucks can all agree on!
'05 - TO, '06 - TO 1, '08 - NYC 1 & 2, '09 - TO, Chi 1 & 2, '10 - Buffalo, NYC 1 & 2, '11 - TO 1 & 2, Hamilton, '13 - Buffalo, Brooklyn 1 & 2, '15 - Global Citizen, '16 - TO 1 & 2, Chi 2
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
fair enough, I did not know that.
You're not an American, so it's understandable. I'm pretty impressed with all that you Canadians know as it is. You don't have to live this shit, I don't see why you punish yourself this way.
you'd actually be surprised how much american culture impacts canadian culture. it is a complete 1 way street. most of our tv and music and entertainment as a whole has been mostly american content.
and sometimes it can seem like we're punishing ourselves, but we honestly are concerned for the well being of your country, for your country's sake, also the world's sake, but for our own as well as it directly impacts ours. you can see the trump effect rippling into our politics, and that is deeply concerning to a lot of us.
"Oh Canada...you're beautiful when you're drunk" -EV 8/14/93
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
Anyone able to think critically never had that on the list. The only possible reason is "owning the libs".
I am quite able to think critically, I just wanted to wait for actual proof that he was lying about his wealth, because up until now, it was all conjecture and nothing more.
Actually, no; there’s been ample proof over the years that he has lied about many aspects of his wealth and earnings. There have been any number of well-sourced stories about this in the media.
yes, but no one actually knew the specifics is what I'm saying. the big thing was "well is he worth 10 billion or "just" 500 million". yes, it's a massive difference, but both would be defined as wealthy.
No, what I’m saying is that there is info out there showing that at times he was substantially in debt, and in fact not at all wealthy.
fair enough, I did not know that.
You're not an American, so it's understandable. I'm pretty impressed with all that you Canadians know as it is. You don't have to live this shit, I don't see why you punish yourself this way.
you'd actually be surprised how much american culture impacts canadian culture. it is a complete 1 way street. most of our tv and music and entertainment as a whole has been mostly american content.
and sometimes it can seem like we're punishing ourselves, but we honestly are concerned for the well being of your country, for your country's sake, also the world's sake, but for our own as well as it directly impacts ours. you can see the trump effect rippling into our politics, and that is deeply concerning to a lot of us.
And of course it has a huge impact on us economically in all kinds of ways, and the whole travel ban thing has really impacted us in both business and education ... and so and so on and so on. And yes, I agree that Trumpian politics are starting to bleed into Canada, which is horrifying.
But aside from that, I think many Canadians are genuinely concerned about human beings who happen to be south of the border and who are being hurt by the Trump administration and all that comes with it (women, minorities, LGBTQ, refugees, etc). Oh, and of course the terrible environmental impact of his deregulations as well.
Post edited by PJ_Soul on
With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be careful. Strive to be happy. ~ Desiderata
0
F Me In The Brain
this knows everybody from other commets Posts: 31,459
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
He really seems like someone I would trust to be in charge of my money, government, and military.
What I’d like to know is what is/are the reason(s) folks continue to support Team Trump Treason? You can take “successful businessman” off the list.
My bank account is doing better now than it was before Grand Wizard Trump took office
He hates black people
He hates brown people
He hates people who are different than he is
He is going to save jobs by building a wall
Mexico is going to pay for the wall
He "successfully" denies/hides all of the hate
He says what he thinks
He is funny
His tweets show how communicative he is - more-so than any other POTUS?
His exquisitely tailored suits can really hide his obesity.
His wife is hot.
His daughter is hot
He grabs women by their *^$$*#$!
He is a TV star
He is a leak(ed) video star
They are all dumb after the first one, but...there you go. If I had to take a guess based on the people I know who support Trump it is either #1 or pretty much a mash up of the rest of them.
Comments
Libtardaplorable©. And proud of it.
Brilliantati©
Libtardaplorable©. And proud of it.
Brilliantati©
-EV 8/14/93
www.cluthelee.com
www.cluthe.com
-EV 8/14/93
-EV 8/14/93
-EV 8/14/93
EV
Toronto Film Festival 9/11/2007, '08 - Toronto 1 & 2, '09 - Albany 1, '11 - Chicago 1
The Biggest Loser.
Libtardaplorable©. And proud of it.
Brilliantati©
and sometimes it can seem like we're punishing ourselves, but we honestly are concerned for the well being of your country, for your country's sake, also the world's sake, but for our own as well as it directly impacts ours. you can see the trump effect rippling into our politics, and that is deeply concerning to a lot of us.
-EV 8/14/93
Libtardaplorable©. And proud of it.
Brilliantati©
Libtardaplorable©. And proud of it.
Brilliantati©