Trump cheats at golf - the ONE and ONLY politics thread

Is Roger Stone the slightly less paranoid brother of Oliver Stone?

 

I've read the New York Times story, thought about the New York Times story, and I can't come up with a single way that this reflects negatively on Trump, let alone it being a "bombshell," in Politico's language. The law is specifically designed for this precise situation. Plus, as his former accountant notes, he barely have a shit about the details of his returns. It's not like Trump was scheming to break or even bend the laws.

 

Your sealioning long con is becoming quite the pain in the ass, dumbfuck.

 

On one hand, Trump tells us that rich people need a tax cut so they can shower the working class with jobs.

On the other hand, Trump pays a net effective tax rate lower than the average person .... how much more of a tax cut does he need before he'll bless us with his job creation prowess?

 

Doesn't he employ lots of people?

 

Bombshell:

Apparently, The New York Times believes companies should take no actions in order to lower their tax rates. In fact, the editorial makes clear that the Times is particularly incensed at Johnson Control’s maneuver because the auto bailout used taxpayer money to keep Chrysler and GM in business, indirectly benefiting Johnson Controls who sold them auto parts. At this point, I would normally launch into an explanation about how corporations have no obligation to pay taxes and that it is government’s fault if it offers companies tax breaks or leaves loopholes in the tax code.

However, I do not need to lecture The New York Times on that topic because it knows that lesson well. After all, the newspaper of record has its headquarters in a building built on landseized by the government under the power of eminent domain from ten different owners, some of whom did not want to sell, implying that the government exercise of power saved the developer money. In addition to that benefit, The New York Times also received $26 million in tax breaks in exchange for keeping jobs in New York City.

More recently, for tax year 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their2014 annual report is, “The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.” If you don’t think it took fancy accountants and tax lawyers to make that happen, read the statement again.

New York Times Hypocrisy On Corporate Taxes Reaches Record High

 

How many superstar businessmen lose nearly a billion dollars in a year? And when you answer, think of the mindset of most of his supporters, who live in a world of binary choices, clear lines and distrust of nuance and complexity.

 

The point isn't how many people Trump employs.

Donald says cutting taxes is the key to getting rich people to create jobs.
Donald, a rich person, pays a tax rate in the single digits.
Do rich people like Donald really need a tax cut to save them from the burden of paying $0 in taxes?

 

Mothrrfucking silver spooner gets a billion dollar writeoff while the rest of us are scraping quarters out of the couch cushions to buy another box of macaroni and cheese.

 

The Trump tax thing is weird to me. Stuff like this does seem to hurt him for whatever reason. Apparently if you say "he is a businessman!" you can get the crowd to either cheer or boo, depending on what inflection you use.

Of course he isn't really a businessman. He is a con artist and thief who knows that the system makes it too difficult for anyone to stop him from stealing.

 

Sounds like last night was a command performance.

MANHEIM, Pa. — Donald Trump's campaign announced Saturday evening that the candidate would soon deliver a nine-sentence critique of comments Hillary Clinton made months ago about many of the millennials supporting her primary rival, Bernie Sanders. It was an attempt to latch onto a new headline in hopes of finally escaping the controversies that had consumed his week.

It didn’t work.

It took Trump nearly 25 minutes to read the brief statement because he kept going off on one angry tangent after another — ignoring his teleprompters and accusing Clinton of not being “loyal” to her husband, imitating her buckling at a memorial service last month, suggesting that she is “crazy” and saying she should be in prison. He urged his mostly white crowd of supporters to go to polling places in "certain areas" on Election Day to "watch" the voters there. He also repeatedly complained about having a "bum mic" at the first presidential debate and wondered if he should have done another season of “The Apprentice.”

As news of Trump’s taxes breaks, he goes off script at a rally in Pennsylvania

I will email a dollar to anyone who can explain the context of this or what it even means.

“You're unsuspecting,” Trump said. “Right now, you say to your wife: ‘Let’s go to a movie after Trump.’ But you won’t do that because you’ll be so high and so excited that no movie is going to satisfy you. Okay? No movie. You know why? Honestly? Because they don’t make movies like they used to — is that right?”