Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father

The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
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Has this been FACT CHECKED?
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And by "tax dodge" he means legal tax avoidance.
Do you take any deductions off what you pay in income taxes Gwad? -
How dare parents give money to their kids.Gwad said:https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
How dare kids take it.
How dare kids invest it.
How dare kids enjoy being rich.
How dare kids avoid paying taxes.
How dare kids feel good about themselves.
How dare kids become POTUS. -
What emerges from this body of evidence is a financial biography of the 45th president fundamentally at odds with the story Mr. Trump has sold in his books, his TV shows and his political life. In Mr. Trump’s version of how he got rich, he was the master dealmaker who broke free of his father’s “tiny” outer-borough operation and parlayed a single $1 million loan from his father (“I had to pay him back with interest!”) into a $10 billion empire that would slap the Trump name on hotels, high-rises, casinos, airlines and golf courses the world over. In Mr. Trump’s version, it was always his guts and gumption that overcame setbacks. Fred Trump was simply a cheerleader.
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Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
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HoustonHusky said:
Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
Must be a low place to have your self worth tied up in a college football message board moonlighting as political hot talk. Gwad is praying for you.HoustonHusky said:Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
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I got 15,000 from my dad's estate and promptly lost it in a Hawaii land deal
So I'm impressed with what Trump has done -
Hey, this is just your troll forum, what's the problem?Gwad said:HoustonHusky said:Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
Must be a low place to have your self worth tied up in a college football message board moonlighting as political hot talk. Gwad is praying for you.HoustonHusky said:Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
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I care about you guys. GO DAWGSSFGbob said:
Hey, this is just your troll forum, what's the problem?Gwad said:HoustonHusky said:Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
Must be a low place to have your self worth tied up in a college football message board moonlighting as political hot talk. Gwad is praying for you.HoustonHusky said:Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
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Well, if you start as a millionaire and turn into a billionaire thereafter.....technically, you are a self-made billionaire.Gwad said:https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
Did I miss something in the sequence? Help me here - or should I just walk the safety up right now?
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Says the guy so mad he hit quote twice before he spent time responding...Gwad said:HoustonHusky said:Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
Must be a low place to have your self worth tied up in a college football message board moonlighting as political hot talk. Gwad is praying for you.HoustonHusky said:Gwad struggling so hard today he's digging up year old comedy hit pieces from the NYTs to try and distract from it...
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And?Gwad said:What emerges from this body of evidence is a financial biography of the 45th president fundamentally at odds with the story Mr. Trump has sold in his books, his TV shows and his political life. In Mr. Trump’s version of how he got rich, he was the master dealmaker who broke free of his father’s “tiny” outer-borough operation and parlayed a single $1 million loan from his father (“I had to pay him back with interest!”) into a $10 billion empire that would slap the Trump name on hotels, high-rises, casinos, airlines and golf courses the world over. In Mr. Trump’s version, it was always his guts and gumption that overcame setbacks. Fred Trump was simply a cheerleader.
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Jealous much? Oh of course you are you socialist shill! Get a fucking job!Gwad said:What emerges from this body of evidence is a financial biography of the 45th president fundamentally at odds with the story Mr. Trump has sold in his books, his TV shows and his political life. In Mr. Trump’s version of how he got rich, he was the master dealmaker who broke free of his father’s “tiny” outer-borough operation and parlayed a single $1 million loan from his father (“I had to pay him back with interest!”) into a $10 billion empire that would slap the Trump name on hotels, high-rises, casinos, airlines and golf courses the world over. In Mr. Trump’s version, it was always his guts and gumption that overcame setbacks. Fred Trump was simply a cheerleader.
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The IRS should look into it.
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Not so much "suspect tax schemes" as they were just good old tax fraud.
https://www.nytimes.com/2019/04/10/us/maryanne-trump-barry-misconduct-inquiry.html -
I hear Roger Clinton did blow and Obama had a sibling in the country illegally
Hey O’Keefed would you say this Philly shooting is an act of domestic terrorism? -
Liberal media slinging mud 24/7
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Hopefully the IRS will investigateHHusky said:Not so much "suspect tax schemes" as they were just good old tax fraud.
https://www.nytimes.com/2019/04/10/us/maryanne-trump-barry-misconduct-inquiry.html -
We need those tax returnsMikeDamone said:
Hopefully the IRS will investigateHHusky said:Not so much "suspect tax schemes" as they were just good old tax fraud.
https://www.nytimes.com/2019/04/10/us/maryanne-trump-barry-misconduct-inquiry.html
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I'd much rather read Hillary's emails than Trumps tax returns.RaceBannon said:
We need those tax returnsMikeDamone said:
Hopefully the IRS will investigateHHusky said:Not so much "suspect tax schemes" as they were just good old tax fraud.
https://www.nytimes.com/2019/04/10/us/maryanne-trump-barry-misconduct-inquiry.html -
Being past the statute of limitations means it can’t be prosecuted, not that it wasn’t felonious. What did you learn at Mall Cop School?Sledog said:Liberal media slinging mud 24/7
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Jeezus, why does anyone utilize the NYT as a source anymore. They have been caught twisting the truth and out right lying so many times over the last 3 years. They just need to finally and mercifully die off and go away.Gwad said:https://www.nytimes.com/interactive/2018/10/02/us/politics/donald-trump-tax-schemes-fred-trump.html
The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s. -
Yes and not being prosecuted over those years also means that there was no offense. Its not like the NYT and the City were big huge fans of Trumps prior to his Presidential run.HHusky said:
Being past the statute of limitations means it can’t be prosecuted, not that it wasn’t felonious. What did you learn at Mall Cop School?Sledog said:Liberal media slinging mud 24/7
Just made up bullshit to get you low information dem voters all riled up.
The Russians are coming HH, The Russians are coming!!!!!!!!!!!!! Hands UP!!!!!!!!!!
You really need to try to be less manipulated by your liberals masters. -
Yeah. The "suspect" tax planning that most wealthy family businesses were using and that passed on audit.
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Being a liberal dipshit like O'Keefed who swallowed both the "Hands Up Don't shoot" and Russian collusion lies means never having to say you're sorry.Bendintheriver said:
Yes and not being prosecuted over those years also means that there was no offense. Its not like the NYT and the City were big huge fans of Trumps prior to his Presidential run.HHusky said:
Being past the statute of limitations means it can’t be prosecuted, not that it wasn’t felonious. What did you learn at Mall Cop School?Sledog said:Liberal media slinging mud 24/7
Just made up bullshit to get you low information dem voters all riled up.
The Russians are coming HH, The Russians are coming!!!!!!!!!!!!! Hands UP!!!!!!!!!!
You really need to try to be less manipulated by your liberals masters. -
Most wealthy families buy 3+ million dollars of chips at their kid’s casino and walk off with them in a bag? Most wealthy families create a phony distribution company with jacked up prices to gift their kids some dough? Most wealthy families pay their three year olds six figure salaries?WestlinnDuck said:Yeah. The "suspect" tax planning that most wealthy family businesses were using and that passed on audit.
This was all audited, Gasbag? Got a link?
Interesting. Sounds like most wealthy families should be in prison. -
You should notify the authoritiesHHusky said:
Most wealthy families buy 3+ million dollars at their kid’s casino and walk off with them in a bag? Most wealthy families create a phony distribution company with jacked up prices to gift their kids some dough?WestlinnDuck said:Yeah. The "suspect" tax planning that most wealthy family businesses were using and that passed on audit.
Interesting. Sounds like most wealthy families should be in prison.
Sounds illegal -
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There's a reason his sister resigned her lifetime appointment. No SOL on ethics inquiries.RaceBannon said:
You should notify the authoritiesHHusky said:
Most wealthy families buy 3+ million dollars at their kid’s casino and walk off with them in a bag? Most wealthy families create a phony distribution company with jacked up prices to gift their kids some dough?WestlinnDuck said:Yeah. The "suspect" tax planning that most wealthy family businesses were using and that passed on audit.
Interesting. Sounds like most wealthy families should be in prison.
Sounds illegal -
Of course -you'd be fairly surprised at the lengths people go through to minimize their taxes.HHusky said:
Most wealthy families buy 3+ million dollars of chips at their kid’s casino and walk off with them in a bag? Most wealthy families create a phony distribution company with jacked up prices to gift their kids some dough? Most wealthy families pay their three year olds six figure salaries?WestlinnDuck said:Yeah. The "suspect" tax planning that most wealthy family businesses were using and that passed on audit.
This was all audited, Gasbag? Got a link?
Interesting. Sounds like most wealthy families should be in prison.
There's entire departments of very large accounting and legal firms whose sole purpose is to draw up diagrams and execution plans and various legal entities to take advantage of tax law, both domestically and internationally.
Are you really this fucking walk.safety.up that you don't understand the real world?!? We're not talking W-2/1099 income and tax ramifications here. Christ.
Even HondoFS gets this - I think he does anyway. His firm likely has a taxdodgermitigation expert.