Joe Miner Posted May 13, 2020 Share Posted May 13, 2020 23 minutes ago, Nanker said: Why does a wardrobe malfunction never happen when you want it to? 1 Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted May 13, 2020 Share Posted May 13, 2020 I can’t believe I just read an argument that it is law which confers personhood, as if somehow it is not possible for personhood to exist without the state. 2 1 Link to comment Share on other sites More sharing options...
BillStime Posted August 3, 2020 Share Posted August 3, 2020 1 Link to comment Share on other sites More sharing options...
WEATHER DOT COM Posted August 3, 2020 Share Posted August 3, 2020 1 Link to comment Share on other sites More sharing options...
BillStime Posted August 20, 2020 Share Posted August 20, 2020 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 20, 2020 Share Posted August 20, 2020 Another appeal, or a refiling. ?♂️ 1 1 Link to comment Share on other sites More sharing options...
BillStime Posted August 21, 2020 Share Posted August 21, 2020 1 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted August 24, 2020 Share Posted August 24, 2020 Manhattan prosecutor agrees to shelve subpoena for Trump tax returns </snip> But Vance has agreed to temporarily shelve the subpoena against Trump’s accounting firm, Mazars USA. The delay allows for another round of litigation, extending the nearly yearlong court battle over the subpoena in which Trump has lost every bout, including a landmark decision last month at the Supreme Court. </snip> As a result of the deal, Trump has at least one more opportunity to argue in court that the subpoena for his tax records is unlawful. The 2nd Circuit will hear arguments Sept. 1. </snip> 2 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted September 27, 2020 Share Posted September 27, 2020 No idea where to put this... Synopsis: Trump finds a legal way to pay less taxes. And, while the article was definitely unflattering: 1 Link to comment Share on other sites More sharing options...
BillStime Posted September 27, 2020 Share Posted September 27, 2020 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted September 27, 2020 Share Posted September 27, 2020 I have spoken to the idea of Trump's taxes many times in this forum, and I will say it again: 1) Most people have no idea how real estate taxes work in regards to depreciation and what you pay, when. 2) The Feds ALWAYS get their money. You can delay as often aspossible while alive (including depreciation, 1031s, etc), but the Feds will get their taxes eventually. (Note: some years you owe. You may not have made any money, but due to circumstances you owe, and owe big. The Feds do not care, they want their check. They have zero ***** to give on where you get that money.) Now, since Trump is so many years into this, I would hope he's been paying next to nothing due to depreciation and exchanges for many years. If he is not, he needs to fire his accountants. 🙂 2 Link to comment Share on other sites More sharing options...
GG Posted September 27, 2020 Share Posted September 27, 2020 24 minutes ago, Buffalo_Gal said: I have spoken to the idea of Trump's taxes many times in this forum, and I will say it again: 1) Most people have no idea how real estate taxes work in regards to depreciation and what you pay, when. 2) The Feds ALWAYS get their money. You can delay as often aspossible while alive (including depreciation, 1031s, etc), but the Feds will get their taxes eventually. (Note: some years you owe. You may not have made any money, but due to circumstances you owe, and owe big. The Feds do not care, they want their check. They have zero ***** to give on where you get that money.) Now, since Trump is so many years into this, I would hope he's been paying next to nothing due to depreciation and exchanges for many years. If he is not, he needs to fire his accountants. 🙂 Or he could have been a better real estate developer. Legal deductions aside, the goal is always to generate a profit. 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted September 27, 2020 Share Posted September 27, 2020 Just now, GG said: Or he could have been a better real estate developer. Legal deductions aside, the goal is always to generate a profit. There is a big difference between a loss (no profit) and a paper loss. 🙂 2 Link to comment Share on other sites More sharing options...
GG Posted September 27, 2020 Share Posted September 27, 2020 Just now, Buffalo_Gal said: There is a big difference between a loss (no profit) and a paper loss. 🙂 No there isn't if he's showing 10 years of paper losses. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted September 27, 2020 Share Posted September 27, 2020 3 minutes ago, GG said: No there isn't if he's showing 10 years of paper losses. No, not so... and carry forwards are also helpful Link to comment Share on other sites More sharing options...
GG Posted September 27, 2020 Share Posted September 27, 2020 10 minutes ago, Buffalo_Gal said: No, not so... and carry forwards are also helpful Actually, yes it is so. If you are showing 10+ years of consecutive tax losses that means you continue investing in the business because you haven't turned a profit yet. This where people get lost in comparing taxes to real profits. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted September 27, 2020 Share Posted September 27, 2020 1 minute ago, GG said: Actually, yes it is so. If you are showing 10+ years of consecutive tax losses that means you continue investing in the business because you haven't turned a profit yet. This where people get lost in comparing taxes to real profits. If I was sure no one would ever track me down... Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted September 28, 2020 Share Posted September 28, 2020 (edited) It would not surprise me at all. Possibly a way to "force" Trump to release his real tax returns to refute the NYT claims? And as a bonus, people keep repeating whatever it is the NYT is reporting as the gospel truth. A win-win for the Biden campaign. Trump denies New York Times report detailing his tax returns and financial problems: 'It's totally fake news' * President Donald Trump fielded questions from reporters on Sunday following an article by The New York Times that delved into his tax returns and detailed his financial woes. * "It's totally fake news. Made up, fake," Trump said. * Asked by reporters to be transparent about how much he paid in taxes, the president replied: "It's under audit, they've been under audit for a long time." </snip> Edited September 28, 2020 by Buffalo_Gal 1 Link to comment Share on other sites More sharing options...
B-Man Posted September 28, 2020 Share Posted September 28, 2020 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted September 28, 2020 Share Posted September 28, 2020 AtC is not an idiot, but she is bombastic. Anyhoooo still not sure the report is more than a guess at his taxes. 🤷♀️ They examined "employee compensation" wtf!? "Draws on interviews" shesh... Her take: The comments to her tweets (as I recall, she is an attorney) are interesting from CPAs and the like saying how this has been twisted. Duh. That is the point. They do not follow politics. 3 Link to comment Share on other sites More sharing options...
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