Please log in or register. Registered visitors get fewer ads.
Forum index | Previous Thread | Next thread
Heh 07:45 - Sep 28 with 1424 viewsGuthrum

So, "billionaire" Donald Trump pays less tax than I do.

https://www.theguardian.com/us-news/2020/sep/27/new-york-times-publishes-donald-

Man of the people, etc., etc.

Good Lord! Whatever is it?
Poll: McCarthy: A More Nuanced Poll
Blog: [Blog] For Those Panicking About the Lack of Transfer Activity

0
Heh on 07:53 - Sep 28 with 1202 viewsDanTheMan

Whilst it's a catchy headline, the detail is way more interesting. Most of his businesses make no money, it all just loans and moving debt about the place.

Funny thing is that leaves him in a fairly rubbish predicament. Either he's actually not a very good businessman, or he's not paying anywhere near enough tax.

Poll: FM Parallel Game Week 1 (Fulham) - Available Team

2
Heh on 07:53 - Sep 28 with 1200 viewshomer_123

I make Trump right on this one...it's fake news, the lot of it.

There's no way on earth he paid tax five years out of fifteen, more like 1 or 2.

Ade Akinbiyi couldn't hit a cows arse with a banjo...
Poll: As things stand, how confident are you we will get promoted this season?

2
Heh on 07:59 - Sep 28 with 1185 viewsHerbivore

Once converted into GBP I don't pay much less than that in income tax each month let alone over a whole year.

Most of his income seems to come from the Apprentice and stuff related to that. The article on the NY Times said something along the lines of he's much better at playing being a successful businessman than he is at being a successful businessman. Either he's massively fiddling the books with on paper losses so that he can avoid paying tax - which is scummy whoever you are, but for the actual President seems pretty abhorrent - or he's a really terrible businessman. I suspect actually it might turn out to be a bit of both.

Poll: Latest TWTD opinion poll - who are you voting for?
Blog: Where Did It All Go Wrong for Paul Hurst?

1
Heh on 08:02 - Sep 28 with 1179 viewsGuthrum

Heh on 07:53 - Sep 28 by DanTheMan

Whilst it's a catchy headline, the detail is way more interesting. Most of his businesses make no money, it all just loans and moving debt about the place.

Funny thing is that leaves him in a fairly rubbish predicament. Either he's actually not a very good businessman, or he's not paying anywhere near enough tax.


Has always been the case that he's borrowed other people's money to put up buildngs with his name on them. The fact he can't even make profits from a casino suggests he isn't even very good at that.

If he was really a very successful businessman, he wouldn't have been faffing about making TV programmes*. Too busy running businesses.



* Lord Sugar another case in point. He's still cruising on the achievements of Amstrad. To be fair, he also doen't make the overinflated egotistical claims of Trump, either.

Good Lord! Whatever is it?
Poll: McCarthy: A More Nuanced Poll
Blog: [Blog] For Those Panicking About the Lack of Transfer Activity

0
Heh on 08:04 - Sep 28 with 1171 viewsBanksterDebtSlave

I like the bit about 450 million of debt being due soon although I imagine the recent years of market moving tweets have it covered!

"They break our legs and tell us to be grateful when they offer us crutches."
Poll: Do you wipe after having a piss?

0
Heh on 08:06 - Sep 28 with 1167 viewsHerbivore

Heh on 08:02 - Sep 28 by Guthrum

Has always been the case that he's borrowed other people's money to put up buildngs with his name on them. The fact he can't even make profits from a casino suggests he isn't even very good at that.

If he was really a very successful businessman, he wouldn't have been faffing about making TV programmes*. Too busy running businesses.



* Lord Sugar another case in point. He's still cruising on the achievements of Amstrad. To be fair, he also doen't make the overinflated egotistical claims of Trump, either.


I'd need to fact check this but I've read several times that if he'd just stuck all the money his dad has given him or he's inherit into a regular bank account he'd be wealthier than he is now. It shouldn't really be a surprise that he's not a very good businessman, he's both thick and a narcissist and you can usually get by in business being only one of the two at worst.
[Post edited 28 Sep 2020 8:12]

Poll: Latest TWTD opinion poll - who are you voting for?
Blog: Where Did It All Go Wrong for Paul Hurst?

1
Heh on 08:11 - Sep 28 with 1154 viewsDanTheMan

Heh on 08:06 - Sep 28 by Herbivore

I'd need to fact check this but I've read several times that if he'd just stuck all the money his dad has given him or he's inherit into a regular bank account he'd be wealthier than he is now. It shouldn't really be a surprise that he's not a very good businessman, he's both thick and a narcissist and you can usually get by in business being only one of the two at worst.
[Post edited 28 Sep 2020 8:12]


I think it wasn't a bank account but if he'd have just invested in an index fund. But about as involved.

Poll: FM Parallel Game Week 1 (Fulham) - Available Team

1
Heh on 08:25 - Sep 28 with 1110 viewsfloridaboy

Pretty certain I read somewhere that he borrowed around about £300 million from China to build a hotel or something in New York and that he still hasnt paid it back!

Walked out of the press conference last night when asked about his taxes!

Absolute clown!!!
0
Login to get fewer ads

Heh on 08:41 - Sep 28 with 1082 viewsbluewein

I can't wait for this to be swept under the carpet and absolutely nothing to happen...

Poll: What should you have your gammon with...?

1
Heh on 08:48 - Sep 28 with 1049 viewsdavblue

Heh on 08:06 - Sep 28 by Herbivore

I'd need to fact check this but I've read several times that if he'd just stuck all the money his dad has given him or he's inherit into a regular bank account he'd be wealthier than he is now. It shouldn't really be a surprise that he's not a very good businessman, he's both thick and a narcissist and you can usually get by in business being only one of the two at worst.
[Post edited 28 Sep 2020 8:12]


He's also a bully.

There's a documentary about him which for the life of me i can't remember what it's called but it focuses on the deals he done in Scotland for the golf course.

Promised the world to the area more jobs etc and didn't deliver one of them. Someone wouldn't sell their house, so he built a massive wall all around the house, ironically the only proper wall he has built.
1
Heh on 09:03 - Sep 28 with 1015 viewsGuthrum

Heh on 08:41 - Sep 28 by bluewein

I can't wait for this to be swept under the carpet and absolutely nothing to happen...


It's not going to affect the opinion of fanatical Trumpists, but then they're projecting onto him what they want to believe, anyway. But that doesn't represent enough people to get him elected without moderates and swing voters.

Good Lord! Whatever is it?
Poll: McCarthy: A More Nuanced Poll
Blog: [Blog] For Those Panicking About the Lack of Transfer Activity

0
Heh on 09:29 - Sep 28 with 982 viewshomer_123

Heh on 08:48 - Sep 28 by davblue

He's also a bully.

There's a documentary about him which for the life of me i can't remember what it's called but it focuses on the deals he done in Scotland for the golf course.

Promised the world to the area more jobs etc and didn't deliver one of them. Someone wouldn't sell their house, so he built a massive wall all around the house, ironically the only proper wall he has built.


Oh - yes, it was a fence (not a wall - failed again on that one) but he planted loads of trees if I remember rightly.

Ade Akinbiyi couldn't hit a cows arse with a banjo...
Poll: As things stand, how confident are you we will get promoted this season?

0
Heh on 09:30 - Sep 28 with 979 viewsElephantintheRoom

Fake news - after all many experts on here repeatedly declare you can't make millions by declaring losses

Blog: The Swinging Sixty

-1
Heh on 09:35 - Sep 28 with 958 viewsKeno

Heh on 07:53 - Sep 28 by DanTheMan

Whilst it's a catchy headline, the detail is way more interesting. Most of his businesses make no money, it all just loans and moving debt about the place.

Funny thing is that leaves him in a fairly rubbish predicament. Either he's actually not a very good businessman, or he's not paying anywhere near enough tax.


Hasn't he been declared bankrupt two or even three times?

Poll: Best Superman - in view of the new film who’s the best
Blog: [Blog] My World Cup Reflections

0
Heh on 09:39 - Sep 28 with 955 viewsSwansea_Blue

Couple of interesting threads doing the rounds. One about his level of debt and the other his Russian links.




Poll: Do you think Pert is key to all of this?

0
Heh on 09:47 - Sep 28 with 934 viewsMookamoo

$70,000 on haircuts. Was each one individually threaded back on?
https://www.businessinsider.com/trump-hair-expense-the-apprentice-tax-returns-re
0
Heh on 10:46 - Sep 28 with 885 viewsEdwardStone

I am currently working on a film script "All The President's Tax"....a bit of a homage to an earlier film about a dodgy White House incumbent

It's a low-budget movie
0
Heh on 11:20 - Sep 28 with 836 viewsDarth_Koont

Heh on 08:11 - Sep 28 by DanTheMan

I think it wasn't a bank account but if he'd have just invested in an index fund. But about as involved.


Also the idea that someone who inherited a property portfolio in New York City actually knows a lot about business is so way off. It’s such a stacked position to be in that it’s cheating from the very start.

Pronouns: He/Him

1
Heh on 12:06 - Sep 28 with 793 viewsuefacup81

By the logic of many on here, does that therefore mean that a loss-making League One football club would be an incredibly shrewd investment on his part, in order to make some sort of profit from multi-million pound losses?

Poll: Predictions for tonight?

0
Heh on 12:49 - Sep 28 with 747 viewsGuthrum

Heh on 09:30 - Sep 28 by ElephantintheRoom

Fake news - after all many experts on here repeatedly declare you can't make millions by declaring losses


He hasn't made millions, just run up vast debts.

Good Lord! Whatever is it?
Poll: McCarthy: A More Nuanced Poll
Blog: [Blog] For Those Panicking About the Lack of Transfer Activity

0
Heh on 13:05 - Sep 28 with 727 viewsTractorWood

Heh on 08:04 - Sep 28 by BanksterDebtSlave

I like the bit about 450 million of debt being due soon although I imagine the recent years of market moving tweets have it covered!


It will just get refinanced.

I know that was then, but it could be again..
Poll: At present who do you think you'll vote for?

0
Heh on 13:13 - Sep 28 with 717 viewsmonytowbray

Heh on 08:02 - Sep 28 by Guthrum

Has always been the case that he's borrowed other people's money to put up buildngs with his name on them. The fact he can't even make profits from a casino suggests he isn't even very good at that.

If he was really a very successful businessman, he wouldn't have been faffing about making TV programmes*. Too busy running businesses.



* Lord Sugar another case in point. He's still cruising on the achievements of Amstrad. To be fair, he also doen't make the overinflated egotistical claims of Trump, either.


Sugar's income is mostly corporate property.

No wonder he's so keen to get everyone back in the office.

perhaps it's time we stopped celebrating people with money as a benchmark of hard work or intelligence? Most big money comes from inheritance, greed or luck.

TWTD never forgets…
Poll: How close will a TWTD election poll be next to June results?

0
Heh on 14:10 - Sep 28 with 671 viewsblueislander

Heh on 13:05 - Sep 28 by TractorWood

It will just get refinanced.


I believe that Deutsche Bank are one of the biggest lenders, and the word is that when he ceases to be President, they will press for repayment. Not sure there will be a queue of banks willing to re-finance.
0
Heh on 14:12 - Sep 28 with 666 viewsKeno

Heh on 14:10 - Sep 28 by blueislander

I believe that Deutsche Bank are one of the biggest lenders, and the word is that when he ceases to be President, they will press for repayment. Not sure there will be a queue of banks willing to re-finance.


Deutsche Bank are not in the healthiest of positions themselves are they!!

Poll: Best Superman - in view of the new film who’s the best
Blog: [Blog] My World Cup Reflections

0
Heh on 14:44 - Sep 28 with 642 viewsblueislander

Heh on 14:12 - Sep 28 by Keno

Deutsche Bank are not in the healthiest of positions themselves are they!!


Indeed not.
0




About Us Contact Us Terms & Conditions Privacy Cookies Online Safety Advertising
© TWTD 1995-2025