NYT has 2 decades of Donald Trump's taxes, he's in massive debt and paid no federal income taxes for 10 of past 15 years

So, AOC then. :slightly_smiling_face:

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  1. I pay more income tax than a millionaire. Neat.

  2. Remember kids, poor people not paying taxes are moochers. Rich people not paying taxes are smart.

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You need to connect a few more dots. Trump has cozied up to kleptocrats and oligarchs. They recognized in him the opportunity to do what Putin’s been doing to Russia and what Yanukovych did in the Ukraine to the US. The temptation to pluck that low-hanging fruit was irresistible.

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Can they not take it out of his hide? Was the Take It Out of His Hide Amendment repealed?

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I hope Biden introduces this into the debate, in case Trump uses the whole, “not paying taxes makes me smart” BS:

In 2017, the president’s $750 contribution to the operations of the U.S. government was dwarfed by the $15,598 he or his companies paid in Panama, the $145,400 in India and the $156,824 in the Philippines.

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Don, ya better call Saul.

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Enough for the Post to find and interview. Read this article only if 2020 hasn’t already depressed you enough.

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He’s already got a criminal lawyer in Rudy Giuliani (and also a mob consiglieri in Bill Barr).

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Also, we’re not gonna accept you showing us stacks of paper and telling us the details are written on them. It always ends with you saying the information is too secret for anyone to read, too complex for anyone to understand, or it’s not finished - and then no one gets to see that the pages are blank. We’re onto that trick, too.

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Wait until the last moment. Invoke the 25th. Give Trump the bum’s rush. Get Pence in there for 4+4.
Nobody in the GOP really cares about Trump. He’s not one of them. He’s served his purpose, but he’s made a lot of enemies inside the tent. So dump him, but ride in on his coat-tails.

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Tax avoidance will cut no ice. Tax evasion, on the other hand… Moves that can be interpreted as high-stakes gambles only play into his image as a high-risk/high-stakes “businessman”. That he never has personal stakes and can be reckless with other people’s money is taken as a virtue and “smart”. Actual big investors want to reduce risk, not increase it, to the point of Private Equity taking all profits but passing losses to stakeholders. Which should be illegal, by the way.

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really good twitter thread from an economist–

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Why are Trump’s golf courses so unprofitable? Are all golf courses unprofitable or is there something particular about the way that he is doing things?

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i don’t know but do recall trump lost money on a casino

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His base may not care that he doesn’t pay taxes, but the “Trump is a great businessman” narrative is a huge part of what got him elected.

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Which brings the question: How the hell did he do that?

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in 2016 business insider magazine answered the question–

the tl;dr
overspend and overleverage

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Have you seen his hide? That’s one low quality pelt, my friend!

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the people that think that do not care either about any of this. they just dont care.