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Yet another Billionaire calls out Trump

135

Comments

  • 2001400ex2001400ex Member Posts: 29,457

    Great pumpy triple reply

    I was right.

    Disagree.
  • SwayeSwaye Moderator, Swaye's Wigwam Posts: 41,349 Founders Club
    I'm in the camp that thinks Trump won't release them because he isn't as rich as he wants everyone to believe. I mean look, he is a rich fucker, no doubt. But I am thinking he is "real estate" rich and not burn hundreds to keep the fire going rich. And he is the type of egomaniac that would actually care that he isn't as rich as people think. Plus, I think Trump really enjoys telling people who tell him to do something to fuck off. One of the things I like most about him tbh.
  • BennyBeaverBennyBeaver Member Posts: 13,346

    2001400ex said:

    Hondo admitted I was right already. Trump released his business.

    No. Trump didn't. He released fake values of his businesses. You said he released the financials of his businesses akin to a tax return. Race. Is. Wrong.
    Now the goalposts move. He released it and no one laid a golve on it like I said

    I never said anything about a tax return you fucking liar
    Actually peopled golved all over those returns. There was criticism of the valuations and methods used. Questioning the accuracy and meaningfulness of the numbers. But it was back in the day when Trump was just one of many candidates. One that, most figured, would not get the nomination.

    So Race Is Right AND Race Is Wrong.

    A clear case of abundance.
  • 2001400ex2001400ex Member Posts: 29,457
    Swaye said:

    I'm in the camp that thinks Trump won't release them because he isn't as rich as he wants everyone to believe. I mean look, he is a rich fucker, no doubt. But I am thinking he is "real estate" rich and not burn hundreds to keep the fire going rich. And he is the type of egomaniac that would actually care that he isn't as rich as people think. Plus, I think Trump really enjoys telling people who tell him to do something to fuck off. One of the things I like most about him tbh.

    Agreed. Mark Cuban even said, if Trump is anywhere near as wealthy as he says, $500 million is nothing to contribute to a campaign. He's claiming he's rich like Steve ballmer, who paid $2 billion for a $150 million basketball franchise.
  • SwayeSwaye Moderator, Swaye's Wigwam Posts: 41,349 Founders Club
    2001400ex said:

    Swaye said:

    I'm in the camp that thinks Trump won't release them because he isn't as rich as he wants everyone to believe. I mean look, he is a rich fucker, no doubt. But I am thinking he is "real estate" rich and not burn hundreds to keep the fire going rich. And he is the type of egomaniac that would actually care that he isn't as rich as people think. Plus, I think Trump really enjoys telling people who tell him to do something to fuck off. One of the things I like most about him tbh.

    Agreed. Mark Cuban even said, if Trump is anywhere near as wealthy as he says, $500 million is nothing to contribute to a campaign. He's claiming he's rich like Steve ballmer, who paid $2 billion for a $150 million basketball franchise.
    Yeah, if you value all the buildings and golf courses and shit he owns, he's got billions. But those buildings aren't liquid. They are income producing, and for sure the dude is super rich, but he isn't drop two billion on a sports franchise rich. Unless someone would take two Trump towers, a casino, and a golf course in trade.
  • TierbsHsotBoobsTierbsHsotBoobs Member Posts: 39,680
    Swaye said:

    2001400ex said:

    Swaye said:

    I'm in the camp that thinks Trump won't release them because he isn't as rich as he wants everyone to believe. I mean look, he is a rich fucker, no doubt. But I am thinking he is "real estate" rich and not burn hundreds to keep the fire going rich. And he is the type of egomaniac that would actually care that he isn't as rich as people think. Plus, I think Trump really enjoys telling people who tell him to do something to fuck off. One of the things I like most about him tbh.

    Agreed. Mark Cuban even said, if Trump is anywhere near as wealthy as he says, $500 million is nothing to contribute to a campaign. He's claiming he's rich like Steve ballmer, who paid $2 billion for a $150 million basketball franchise.
    Yeah, if you value all the buildings and golf courses and shit he owns, he's got billions. But those buildings aren't liquid. They are income producing, and for sure the dude is super rich, but he isn't drop two billion on a sports franchise rich. Unless someone would take two Trump towers, a casino, and a golf course in trade.
    Sounds like a job for our top, top Native American negotiator
  • CuntWaffleCuntWaffle Member Posts: 22,493
    Swaye said:

    2001400ex said:

    Swaye said:

    I'm in the camp that thinks Trump won't release them because he isn't as rich as he wants everyone to believe. I mean look, he is a rich fucker, no doubt. But I am thinking he is "real estate" rich and not burn hundreds to keep the fire going rich. And he is the type of egomaniac that would actually care that he isn't as rich as people think. Plus, I think Trump really enjoys telling people who tell him to do something to fuck off. One of the things I like most about him tbh.

    Agreed. Mark Cuban even said, if Trump is anywhere near as wealthy as he says, $500 million is nothing to contribute to a campaign. He's claiming he's rich like Steve ballmer, who paid $2 billion for a $150 million basketball franchise.
    Yeah, if you value all the buildings and golf courses and shit he owns, he's got billions. But those buildings aren't liquid. They are income producing, and for sure the dude is super rich, but he isn't drop two billion on a sports franchise rich. Unless someone would take two Trump towers, a casino, and a golf course in trade.
    We need a Hardcore Husky finance article of the week from Swaye.
  • SwayeSwaye Moderator, Swaye's Wigwam Posts: 41,349 Founders Club

    Swaye said:

    2001400ex said:

    Swaye said:

    I'm in the camp that thinks Trump won't release them because he isn't as rich as he wants everyone to believe. I mean look, he is a rich fucker, no doubt. But I am thinking he is "real estate" rich and not burn hundreds to keep the fire going rich. And he is the type of egomaniac that would actually care that he isn't as rich as people think. Plus, I think Trump really enjoys telling people who tell him to do something to fuck off. One of the things I like most about him tbh.

    Agreed. Mark Cuban even said, if Trump is anywhere near as wealthy as he says, $500 million is nothing to contribute to a campaign. He's claiming he's rich like Steve ballmer, who paid $2 billion for a $150 million basketball franchise.
    Yeah, if you value all the buildings and golf courses and shit he owns, he's got billions. But those buildings aren't liquid. They are income producing, and for sure the dude is super rich, but he isn't drop two billion on a sports franchise rich. Unless someone would take two Trump towers, a casino, and a golf course in trade.
    We need a Hardcore Husky finance article of the week from Swaye.
    It would take me a year to write it. And even then it'd be all fucked up.
  • Fenderbender123Fenderbender123 Member Posts: 2,955
    What are we going to learn from his tax returns? "Oh look, Trump's taxable Schedule D income increased by 18% in 2015. That means he's going to start World War 3 if elected."
  • SwayeSwaye Moderator, Swaye's Wigwam Posts: 41,349 Founders Club
    What I learned in this thread: Ballfag is a cunt. But everyone here already knew that. Maybe we could do a fund raiser for bleach.
  • BallSackedBallSacked Member Posts: 3,279

    What are we going to learn from his tax returns? "Oh look, Trump's taxable Schedule D income increased by 18% in 2015. That means he's going to start World War 3 if elected."

    If his annual income doesn't jive with someone who claims to be a billionaire busines genius...that's very relevant. It is the bedrock for why he believes he'd be such a great president.
  • Fenderbender123Fenderbender123 Member Posts: 2,955

    What are we going to learn from his tax returns? "Oh look, Trump's taxable Schedule D income increased by 18% in 2015. That means he's going to start World War 3 if elected."

    If his annual income doesn't jive with someone who claims to be a billionaire busines genius...that's very relevant. It is the bedrock for why he believes he'd be such a great president.
    When did Trump claim he makes billions of dollars every year? Saying you're a billionaire doesn't mean you make that much income. If your tangible net worth is in the billions, liquid or not, you can claim you're a billionaire. And unfortunately, a tax return isn't going to show your assets.
  • Fenderbender123Fenderbender123 Member Posts: 2,955
    And plus, a lot of his income is going to be flowing from Sch E section 2. And you can't just look at the overall net income number of all those pass-through companies to determine what his cash flow situation is. And unfortunately, the net income is about all it shows. You'd need the separate business tax returns (1065s & 1120s) for all of those pass-through companies to do a proper analysis.
  • BallSackedBallSacked Member Posts: 3,279

    What are we going to learn from his tax returns? "Oh look, Trump's taxable Schedule D income increased by 18% in 2015. That means he's going to start World War 3 if elected."

    If his annual income doesn't jive with someone who claims to be a billionaire busines genius...that's very relevant. It is the bedrock for why he believes he'd be such a great president.
    When did Trump claim he makes billions of dollars every year? Saying you're a billionaire doesn't mean you make that much income. If your tangible net worth is in the billions, liquid or not, you can claim you're a billionaire. And unfortunately, a tax return isn't going to show your assets.
    Yes, I realize that H&R Block.

    If he claims he is worth several billion dollars, but his tax returns shows income in the (say) single 7 or low 8 figure...it would call into question how accurate his wealth is. Especially for someone that's almost exclusively in income producing properties and businesses.
  • Fenderbender123Fenderbender123 Member Posts: 2,955
    edited August 2016

    What are we going to learn from his tax returns? "Oh look, Trump's taxable Schedule D income increased by 18% in 2015. That means he's going to start World War 3 if elected."

    If his annual income doesn't jive with someone who claims to be a billionaire busines genius...that's very relevant. It is the bedrock for why he believes he'd be such a great president.
    When did Trump claim he makes billions of dollars every year? Saying you're a billionaire doesn't mean you make that much income. If your tangible net worth is in the billions, liquid or not, you can claim you're a billionaire. And unfortunately, a tax return isn't going to show your assets.
    Yes, I realize that H&R Block.

    If he claims he is worth several billion dollars, but his tax returns shows income in the (say) single 7 or low 8 figure...it would call into question how accurate his wealth is. Especially for someone that's almost exclusively in income producing properties and businesses.
    You'd be surprised at how many wealthy people don't earn a lot of taxable income.

    Besides, you've got to understand how that income works in order to get a better prediction.

    For example, Trump might be earning 80 million a year in Sch E income, but then have a 60 million loss on Sch D, resulting in a taxable income of 20 million. But that Sch D income really doesn't count, because that's simply calculated for tax purposes...he didn't actually have 60 million dollars flow out of his bank account.

    That's just one example. There's so much to look at, that Trump is right...."there's nothing to learn from them". Your average voter is too fucking stupid to do a proper analysis, and you can bet your life savings that both sides are going to spin the numbers to fit their own narrative, which is just needless confusion for the voters.
  • 2001400ex2001400ex Member Posts: 29,457

    What are we going to learn from his tax returns? "Oh look, Trump's taxable Schedule D income increased by 18% in 2015. That means he's going to start World War 3 if elected."

    If we aren't going to learn anything, why doesn't he just release them then?

    Don't you still ask where Obama's college transcripts are?
  • Fenderbender123Fenderbender123 Member Posts: 2,955
    edited August 2016
    My guess is that Trump has decided it's not worth the shit show that would be the discussion over them. Even if there's nothing to learn from them, do you really think the media is just going to not comment on them? Of course not...they're gonna start spinning the numbers, even though the financial data is far too incomplete to make an accurate assessment of his cash flow situation, which means he'd have to spend a lot of time and energy defending them when the whole situation is moot because of the incomplete financial picture. It's a lose-lose, but I think not releasing them is the right idea.

  • BennyBeaverBennyBeaver Member Posts: 13,346

    What are we going to learn from his tax returns? "Oh look, Trump's taxable Schedule D income increased by 18% in 2015. That means he's going to start World War 3 if elected."

    I'd like to see his charitable contributions.
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