What does the future hold for Donald Trump? - threadbans in OP

In the grand **** show of Trumps presidency this is but a mere footnote, but symptomatic of the wider culture to a tee. His ethics chief advocated lying.

It's scary to think that millions of Americans look at Donald Trump and think "now THAT'S what I want in a leader". Sets a terrible example to their kids to see a lying, ignorant idiot like Trump as someone that their parents look up to.

I agree. They're so complicated that Trump was going around claiming they were under audit even though they weren't. Even Trump didn't understand them.

Or maybe Trump was just lying. I mean, I guess that's a possibility.

Interesting thread on twitter..

unrolled here...

"1/ Let’s put the House Ways and Means Committee releasing Trump’s tax returns in context. While Spiro Agnew was Richard Nixon’s vice president, he was taking bribes in the White House. Literally. People came to the White House with briefcases full of money for him. 

2/ Agnew was taking bribes for years prior to that, when governor of Maryland. Nixon, the nation later discovered, was ALSO taking bribes. The milk lobby brought him a half million dollars in cash, as did Jimmy Hoffa to stop the DOJ from prosecuting him. 

3/ When Congress learned about the Nixon/Agnew bribery scandals, they acted. In 1977, Congress passed a law *requiring* the IRS to *automatically* audit the tax returns of *every* president from that point going forward. 

4/ The idea was that any future president taking bribes or putting the interests of somebody who was paying him - be it a company, an individual, or even a foreign government - ahead of the interests of America could be caught this way. 

5/ That IRS automatic audit program has been largely irrelevant because every president since 1977 has voluntarily disclosed their tax returns, although the IRS nonetheless audited every president from Jerry Ford to Barack Obama. Until Donald Trump. 

6/ He really *should* have been audited as the law requires, to determine if he was putting the interests of his own businesses or a foreign government ahead of those of America. After all, he had refused to share his tax returns with the American people. 

7/ But Trump managed to get his own IRS to not audit him as the law required! As a failsafe, that 1977 law says that one single committee in Congress - and only one - has the power to break the IRS seal of privacy and examine any president’s tax returns. 

8/ That’s the Ways and Means Committee. Congressman Richie Neal, Chairman of that Committee, submitted the routine request for Trump’s tax returns and was first stonewalled by Trump’s IRS commissioner. He then fought Trump through the courts for years. 

9/ Now that we finally have those returns, we know that the IRS itself had been corrupted by Trump. That requires legislative action to tighten IRS oversight, and will probably also require a criminal investigation of Trump and his IRS Commissioner. 

10/ The final big question is whether Trump, like Nixon and Agnew, was behaving corruptly while in office. It’s probably going to take weeks or even months to figure that out: stay tuned." 

Another loss for 45 in the courts.

James is pressing ahead!

Going to guess that Positive income in 2018 was when he sold a couple of properties (I think it was a hotel and a couple of golf courses? Not sure).

But yea, mostly in the red, and mostly very badly in the red. I wonder if they cover the balance of what hes has though. Does he have anything in his accounts or are those losses going into an ever increasing debt?

Billionaire? Haha, the guy is nowhere near it.

They will argue that losses are actually brilliant, just a smart way to avoid paying tax. But herein lies the rub. Losses come from somewhere. Either the actual year or carried forward. If carried forward it means he was making losses previously.

Where is the money coming from to pay for these losses? How was he funding these losses?

A much bigger question that comes out of the release of the tax returns is why, contrary to the law, was Trumps tax returns not being audited from when he took office? Unlike the convention that candidates release their tax returns, that is actually a law that the IRS has to audit the POTUS tax returns. It turns out they didn't and only became when questioned by the Ways and Means Committee.

So who corrupted the IRS into this inaction?

This will be considered a "win" by his ... fans. Regardless of the outcome: If he was worth billions and that's what the records showed then: Win. Told ya he was a genius. If it shows he is paying zero tax 'cos he is writing everything off as failures, then: Win. Genius accountant. Paying no tax to "The Man" (Even though he was, once, years ago, "The Man").

These corrupt accounting practices are the norm (And don't be surprised if much of him money is routed through his hotel and club in Ireland). Didn't Starbucks in the UK pay something like 15K tax one year due to shady (but legal at the time) accounting practices?.

So none of those surprise me at all. (And won't surprise anybody really). It LOOKS shady (Cos it is). And it is a bad look but his ... fans will not be swayed by this. As I mentioned before, his ... fans already support him despite his PROVEN history of serial sexual assault, insurrection, racism, hatred of America and everything else (Every one of these via his own words). So dodgy tax dealings? Nah. Just proves how much of a genius he is. He's their guy. He tells the libtards how it is: You sexually assault women and boast about it, you steal state secrets, you incite insurrection. you ARE America!!!

So yeah, unless they can find some millions of dollars traced back to the Kremlin, then ANY results will be considered a "Win". And, even if they found 100 million traced DIRECTLY back to Putin's personal account, the next post will be? I give you a hint: Sounds like Bunter's Captop

He was rumoured to be on his uppers until The Apprentice started and licencing his name was worth something.

And I’ve seen a tweet where Jim Jordan is threatening to release Bidens tax returns because trumps are finally going to be released which is fine except a couple of things. 1) Jim Jordan won’t be chairing the committee that has the power to do that, and 2) Joe Biden’s tax returns going back to I think 1998 are free available.

Well I believe he does in fact own a jacket. the January 6th transcripts are very interesting and the stuff that the trump world used the fifth on is nuts. Roger stone uses it when asked his age ffs. I did read some of Jenna Ellis’s testimony and the first question she is asked is to confirm the declaration she signed and gave to the committee about documents is correct, and invokes the fifth. They are so bloody paranoid.

Claims he was gay but it wasn't mentioned in the divorce from his wife.

I tell you, I can see a TFG/Santos candidacy for 2024....

And ladybugs