NYT acquires 1995 Trump tax return; he deducted $916 million in business losses

[Seriously?]

Well, Atlas just shows how much stupider it is than Trump for the umpteenth time this year. What an embarrassment of a thread.

You really need to stop this act. It's not cute, it's not clever...

This. Anyone still defending this piece of sh**t should be ashamed of themselves.

I'll defend Donald J. Trump this "piece of sh**t" as you called him until the cows come home on this.

You can argue the equity in these allowances until the cows come home.

so when your mom comes home you'll stop defending Donald Trump?

Seriously? What are you in second grade?

[EnglishPete]

Well, Atlas just shows how much stupider it is than Trump for the umpteenth time this year. What an embarrassment of a thread.

You really need to stop this act. It's not cute, it's not clever...

This. Anyone still defending this piece of sh**t should be ashamed of themselves.

I'll defend Donald J. Trump this "piece of sh**t" as you called him until the cows come home on this.

You can argue the equity in these allowances until the cows come home.

so when your mom comes home you'll stop defending Donald Trump?

Seriously? What are you in second grade?

This is great

Liberal: Trump supporters are simplistic and childish

Conservative: Well you're wrong and here is my reasoning

Liberal: Yo Momma

[PresidentSamTilden]

LOL...so this "genius businessman" lost a billion dollars when the economy was doing great. He tanked a local economy, refused to pay workers. Then he gets rewarded by never having to pay taxes again? Huh?

So I guess the blue avatars think the economy is struggling because the middle class/poor class are making too much money at the expense of billionaires? This is everything that is wrong with our business climate right now. The billionaires get to pay less tax, the working poor get to fall through the cracks.

[Landslide Lyndon]

I'm pretty sure that "freedom" does not allow you to publish something that you illegally obtain and that is protected by privacy laws. Last I checked, Trump has not authorized the release of his tax returns.

1) Someone needs to read about the Pentagon Papers.

2) Someone needs to be reminded how gleefully his favorite candidate pushed the hacked DNC mails and even asked a foreign power to hack his opponent's e-mails.

[EnglishPete]

I see Seriously got his talking points from Trump Tower and immediately got into work.

Sorry, I don't need talking points to discuss common sense.

Any single taxpayer that has ever used H&R Block to find as many deductions as possible is just as "guilty" as Trump is here. I can never, ever, ever malign someone for legally using the tax code to pay as little as posisble to the government.

Maybe you liberals want to pay as much tax as possible, but I for one do not. If you do, you are more than welcome to voluntarily write a check to the IRS.

But don't you understand? The people who man the government bureaucracy are the greatest people on earth. State corporatism is the way to go. These people are working for the greater good of humanity.

Individual self employed capitalists like Trump are an affront to this, saying and doing what they like. They should shovel as much of their money into the bureaucratic bohemoth as they possibly can. That way they can be reduced to their proper role of serfdom to the bureaucracy as soon as possible, just like everyone else.

[PresidentSamTilden]

It's not about serfdom or bureaucracy. It's about people making a freaking fortune while providing nothing of value to society. Your gains private, your costs are public. It's making our country weaker and more fractured.

Donald Trump isn't the only guy doing it, but he just became the poster boy. And the nerve of him, to complain about immigrants who work their asses off for virtually nothing, while he doesn't pay?? What hypocrisy....

[Seriously?]

LOL...so this "genius businessman" lost a billion dollars when the economy was doing great. He tanked a local economy, refused to pay workers. Then he gets rewarded by never having to pay taxes again? Huh?

So I guess the blue avatars think the economy is struggling because the middle class/poor class are making too much money at the expense of billionaires? This is everything that is wrong with our business climate right now. The billionaires get to pay less tax, the working poor get to fall through the cracks.

Donald Trump probably paid taxes the last time he went out to a store and bought something. He definitely paid taxes the last time he was required to file payroll taxes with the government for his 20,000 employees. He paid taxes probably somewhere around July 10th on his real property in New York City. The list goes on and on and on.

Trust me, there aren't a dearth of ways we pay taxes in this country.

As far as his income taxes go, I'll say it again and again and again. There's nothing wrong with using the tax code to his advantage. Additionally, you have no proof that the carryover was from 1995. It was carried forward and likely goes back to 1992 when Trump declared bankruptcy on his casino assets during an economic downturn.

As far as "losing" $1 billion. Warren Buffett "lost" almost $2 billion the other day on Wells Fargo. Does that make him a bad businessman?

[Seriously?]

It's not about serfdom or bureaucracy. It's about people making a freaking fortune while providing nothing of value to society. Your gains private, your costs are public. It's making our country weaker and more fractured.

Donald Trump isn't the only guy doing it, but he just became the poster boy. And the nerve of him, to complain about immigrants who work their asses off for virtually nothing, while he doesn't pay?? What hypocrisy....

Trump Tower is nothing of value to society?

Building other buildings that are used for people to live in or businesses to conduct trade in is not something of value to society?

Employing 20,000 workers who pay taxes on their incomes isn't something of value to society?

I don't get this argument one bit. Trump pays plenty and contributes plenty. You liberals just have your panties in a wad because he doesn't pay "enough."

To those of you that think we do not pay enough in taxes, I challenge you to send a voluntary contribution to the IRS. We are taxed enough as far as I am concerned.

[PresidentSamTilden]

Trump Tower is nothing of value to society?

Building other buildings that are used for people to live in or businesses to conduct trade in is not something of value to society?

Employing 20,000 workers who pay taxes on their incomes isn't something of value to society?

I don't get this argument one bit. Trump pays plenty and contributes plenty. You liberals just have your panties in a wad because he doesn't pay "enough."

To those of you that think we do not pay enough in taxes, I challenge you to send a voluntary contribution to the IRS. We are taxed enough as far as I am concerned.

Those things are of value, somewhat. I kinda question how many of his workers outside of family members make a living wage.

But what isn't of value is his failed venture that was subsidized by him not having to pay income taxes for 20 years while he was making millions of dollars. I don't see how it makes sense for someone with so much to not have to simply pay the same as you, I, or other Americans. What makes him so special?

I agree there is nothing LEGALLY wrong with him using the code to his advantage. There is everything morally and economically wrong with it, however. We have a huge problem with wealth inequality in this country, and this type of mentality is the number one contributor.

Why cant you declare bankruptcy on student loans, but if your business fails, you're good to go?

[EnglishPete]

2) Someone needs to be reminded how gleefully his favorite candidate pushed the hacked DNC mails and even asked a foreign power to hack his opponent's e-mails.

Just a reminder it wasn't Trump who invited a foreign power to hack Clinton's emails, it was Clinton.

Trump said that if the Russians had the emails that it would be good for them to find them hand them over.

Clinton's email server had been offline for some time at the time of that remark. The Russians couldn't possibly hack it now.

If they can find it its because they already hacked the emails and kept them recorded somewhere. If that's the case not only would it be good for the Russian government to find them and hand them over, it would be the Russian governments legal obligation to do so.

If they had hacked them then it would have been because Clinton kept them on a private unsecured email server.

Having such an unsecured server was effectively an open invitation for hackers from Russia, China, Israel and Uncle Tom Cobley and all to have a go at hacking it. That effective invitation was issued by Hillary Clinton.

I would be very surprised if several governments, both allies and rivals of the US, didn't have the full set of Clinton emails in their hands for years. There is only one person responsible for that and it aint Donald Trump.

[egalitt]

2) Someone needs to be reminded how gleefully his favorite candidate pushed the hacked DNC mails and even asked a foreign power to hack his opponent's e-mails.

It's indecent to lie in public.

[ApatheticAustrian]

the question..at this point...is NOT if mister trump's assumed hyper-tax-evasion is illegal........but how it looks like for trump's blue-collar-base.

together with his old tweets about loose taxing rules and his instant-classic "taxpayers are stupid" (you know what i mean)...the attack ad writes itself and surely is going to have a nice entry during the second debate.

[Landslide Lyndon]

the question..at this point...is NOT if mister trump's assumed hyper-tax-evasion is illegal........but how it looks like for trump's blue-collar-base.

together with his old tweets about loose taxing rules and his instant-classic "taxpayers are stupid" (you know what i mean)...the attack ad writes itself and surely is going to have a nice entry during the second debate.

Blue collar whites will abandon him only if he stops insulting blacks, Latinos, Jews and women.

[politicallefty]

If you still support Trump, I have no empathy for you whatsoever. You can't explain all of that and his history. A decent person just can't.

Empathy? You're a more forgiving person than I am. I'm way beyond empathy. I have nothing but disdain and scorn for those who are intent on voting for Trump. We've seen enough and we know who he is. He claims to be the ultimate outsider when he is really in fact the ultimate politician. Even my mom is at an end point with Trump supporters. She's nowhere near the political junkie that I am, but even she says that actively supporting Trump could end any of her friendships (even those she's had for 30+ years). To me, that was stunning, as she's had close friends that supported GWB, McCain, and Romney. This election is not the same. There is only one candidate that is qualified to be President of the United States and her name is not Donald Trump.

[ApatheticAustrian]

one should not "hate" trump voters....their side is full of rage and desperation, countering doesn't help anyone.

they are even able to swallow all of those trump errors and gaffs and problems, cause they are so hopeless and yeah, surely many of them are low-information voters....nothing wrong with that in general. the real problem, in my eyes, are voters who have got all the necessary information and still want to sit an election out, cause they can't get all the marbles they want.

i think hillary is handling the matter in the right way....most of her enemies won't give her the deserved credit but a little thing like an apology for the deplorables-question is the difference between her and mister "i never apologize for anything".

[EnglishPete]

If you still support Trump, I have no empathy for you whatsoever. You can't explain all of that and his history. A decent person just can't.

Empathy? You're a more forgiving person than I am. I'm way beyond empathy. I have nothing but disdain and scorn for those who are intent on voting for Trump. We've seen enough and we know who he is. He claims to be the ultimate outsider when he is really in fact the ultimate politician. Even my mom is at an end point with Trump supporters. She's nowhere near the political junkie that I am, but even she says that actively supporting Trump could end any of her friendships (even those she's had for 30+ years). To me, that was stunning, as she's had close friends that supported GWB, McCain, and Romney. This election is not the same. There is only one candidate that is qualified to be President of the United States and her name is not Donald Trump.

The fact that lib Republicans like GWB, McCain and Romney were perfectly acceptable to people like your lefty mother says it all really.

[Roemerista]

If you still support Trump, I have no empathy for you whatsoever. You can't explain all of that and his history. A decent person just can't.

Empathy? You're a more forgiving person than I am. I'm way beyond empathy. I have nothing but disdain and scorn for those who are intent on voting for Trump. We've seen enough and we know who he is. He claims to be the ultimate outsider when he is really in fact the ultimate politician. Even my mom is at an end point with Trump supporters. She's nowhere near the political junkie that I am, but even she says that actively supporting Trump could end any of her friendships (even those she's had for 30+ years). To me, that was stunning, as she's had close friends that supported GWB, McCain, and Romney. This election is not the same. There is only one candidate that is qualified to be President of the United States and her name is not Donald Trump.

She should. Trump is just a stupid con man. His supporters are far worse - a basket of deplorables.

A conservative estimate of Trumps worth in those days was what $1.5 to $5 Billion? I do not see how this can be effectively spun as business as normal.

 I am sure in the next debate he will hit Clinton's state department for "losing" billions. (Its worse because its the public money and its more!). I think Clinton would be wise to play up the angle of the public bailing Trump out through the tax code.

[JerryArkansas]

If you still support Trump, I have no empathy for you whatsoever. You can't explain all of that and his history. A decent person just can't.

Empathy? You're a more forgiving person than I am. I'm way beyond empathy. I have nothing but disdain and scorn for those who are intent on voting for Trump. We've seen enough and we know who he is. He claims to be the ultimate outsider when he is really in fact the ultimate politician. Even my mom is at an end point with Trump supporters. She's nowhere near the political junkie that I am, but even she says that actively supporting Trump could end any of her friendships (even those she's had for 30+ years). To me, that was stunning, as she's had close friends that supported GWB, McCain, and Romney. This election is not the same. There is only one candidate that is qualified to be President of the United States and her name is not Donald Trump.

The fact that lib Republicans like GWB, McCain and Romney were perfectly acceptable to people like your lefty mother says it all really.

The fact that they are willing to put the country over the wannabe dictator.  Please keep on with your faux outrage.

[dspNY]

For reference: the greatest one year loss Apple ever recorded was $816 million

[Simfan34]

Well, Atlas just shows how much stupider it is than Trump for the umpteenth time this year. What an embarrassment of a thread.

You really need to stop this act. It's not cute, it's not clever...

This. Anyone still defending this piece of sh**t should be ashamed of themselves.

I'll defend Donald J. Trump this "piece of sh**t" as you called him until the cows come home on this. And Sprout's is right. the ignorance of the tax code on this place is amazing.

Quite frankly, if Trump didn't write off legitimate losses against income, he'd just be plain stupid.

You can argue the equity in these allowances until the cows come home. But to claim that Trump is evil for using net carryover losses, like every businessman does when they have a losing trade, is a stretch.

As the head of a company, Trump has an obligation to his employees and his investors to use the tax code diligently to preserve the value of the asset. Taxes erode equity and are to be mitigated to the maximum extent possible.

As always, the plain ignorance from the majority of red avatars on this forum is just staggering.

These are income taxes, not corporate taxes!

[Torie]

Is the 1995 return still under audit? If not, why was it not released by Trump?

[mark_twain]

1. Debate performance
2. His bizarre tweet storm at 3am
3. Infidelity accusation
4. This

If you still support Trump, I have no empathy for you whatsoever. You can't explain all of that and his history. A decent person just can't.

A racist, narcissistic, pathological lying, sexist, secretly mentally disturbed, cheating, idiotic bastard like Trump should never hold office. Simple as that.

This man NEVER tells it likes it is. He doesn't care about us.

No matter what demographic of Trump supporter you are, you need to admit that you are deplorable.

Very well said!

[Nyvin]

Is the 1995 return still under audit? If not, why was it not released by Trump?

You can release tax returns even if they are under audit.

[Fmr President & Senator Polnut]

So... yeah.

https://twitter.com/ThisWeekABC/status/782567818608779264

[rafta_rafta]

Is the 1995 return still under audit? If not, why was it not released by Trump?

You can release tax returns even if they are under audit.

Nixon released his when he was under audit.

You know it's bad when Trump has difficulty in reaching the ethical standards set by Nixon