Message from @T E M P L O I T E R
Discord ID: 759991733802106921
I wouldn't say that Trump has fuck you money
He does.
He's definitely overleveraged in spots
But that's easily settled with a few personal bankruptcies <:tuckerlaughing:650892811926765579>
What amount of money from his operation is coming to HIM personally? What is going into corporate accounts he uses personally? What is going into the Trump Family Trust? All of these things will be reported to the IRS separately from his personal reporting.
He doesn't own a jet, Trump, Inc. owns a jet and he rides around on it, etc.
Yeah until his lenders come knocking on the door
They can't touch the Trust, it is its own legal entity, and I'm sure his corp is set up similarly.
but they can get at the corporations. and then if he is just using the corp's stuff, what does he have then?
It isn't a sole proprietorship, in other words.
Exactly, what does HE have. For taxable purposes?
It's all a game
he has debts
Oh shit, he's so overloaded he doesn't pay taxes. Awww shucks.
I'll never hate the player
Although I can understand how this is terrible optics for Trump
Right now, as President, he's donating his only taxable income to charity. Everything else is bound up in a trust, or in the corp he is not a part of, for now, while President.
the issue isnt that its illegal, bc its not. It's that he promotes an image to the people thats disingenuous
I don't see how, what has he promoted that is disengenuous?
He's already openly admitted that he doesn't pay income taxes. What's disingenuous?
On paper?
yes
Nobody is rich on paper.
I know.
Jeff Bezos only makes 80k/year from Amazon <:PepeLaugh:565528391336329216>
Why would you be rich on paper?
Amazon itself pays no taxes.
Cant seem to make a profit.
It's all so tiresome
Trump shoulders the blame while the establishment media ignores the actual problem:
...
tax codes
Yes, flat tax 10% across the board, no write-offs, everybody from top to bottom pays it, no minimums. You make 20 bucks a year, you pay 2 in taxes. You make 20 billion, you pay 2 billion in taxes.
he doesnt seem to have the means to pay his debts, yet he parades himself as having fuck you money
uhhh
and he gets into office ridin in on how ppl like him are able to cheat and then does nothing about it for 4 years
He tried to do 3 different tax reforms, 1 passed.
but muh socialism
It was the vanilla one.
He's not actually a God Emperor. The Congress has to go along with changing the tax code, and they do not want to do that at all. They like it complicated and byzantine.
too bad he cant seem to drain that swamp