Drudge Retort: The Other Side of the News
Wednesday, November 27, 2019

Documents show the president's company reported different numbers -- higher ones to lenders, lower ones to tax officials -- for Trump's signature building. Last month, ProPublica revealed a similar pattern in two other Trump buildings.

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16 percentage points higher in filings to a lender than in reports to city tax officials, records show.

Posted by reinheitsgebot at 02:34 PM

All the world as if Trump was trying to cheat someone.

#1 | Posted by Zed at 2019-11-27 03:06 PM | Reply

I wonder if his taxes will show some damning info?

#2 | Posted by hamburglar at 2019-11-27 06:18 PM | Reply | Funny: 1

HAM

Trump is a conman on the same scale as a carnival barker ~ obvious and prone to manipulative tactics to benefit himself.

Of course, his tax returns will show some damning info. How could they not?

A few years ago, Trump's regular tax preparer of many years dropped his account over this very issue.

Let's also don't forget that Trump's current accountant, Allan Weisselberg, sought and received an immunity deal with the SDNY. Weisselberg knows where all the skeletons are buried.

#3 | Posted by Twinpac at 2019-11-28 02:41 AM | Reply

Nothing Donald Tchump does surprises any intelligent person. Tchump's the man who boasted "Because I'm smart" when asked why he paid virtually $0 income tax. ... All the more reason for a supplemental "net assets tax".

If Tchump wants Forbes to report his net worth is $2 Billion, then a de minimis wealth tax rate of say, for discussion's sake, 0.1%/year would result in a paltry tax liability (for such wealth) of at least $2 million/year, even if his claimed earnings were negative.

Fair is fair, Donald, you rich, greedy braggart.

#4 | Posted by Augustine at 2019-11-28 02:48 AM | Reply

Dream on AUGUSTINE

Nobody who profits by Trump's tax policies are going to oppose them.

In the converse, anybody who loses (the little people) from Trump's tax policies have scant resources.

But we warned them ~ so all I can say is "Too late comes sooner than you think."

#5 | Posted by Twinpac at 2019-11-28 05:07 AM | Reply

"All the world as if Trump was trying to cheat someone."

Is it time for yet another Bombshell!! ? This time directed at H&R Block?

#6 | Posted by phesterOBoyle at 2019-11-28 07:24 AM | Reply

I'd like to interject a fact to this-----------.
*Every person rich or poor takes advantage of *every tax break/loophole possible.
And we all know it.

#7 | Posted by phesterOBoyle at 2019-11-28 07:28 AM | Reply

PHESTER

"This time directed at H&R Block?"

Odd. ~ Why would say that?

#8 | Posted by Twinpac at 2019-11-28 07:38 AM | Reply

"Odd. ~ Why would say that?
#8 | POSTED BY TWINPAC"

Because the tax preparer is responsible for any perceived mistakes.
As in....audit.
But of course you knew what the implication was.

#9 | Posted by phesterOBoyle at 2019-11-28 08:01 AM | Reply

Donald Trump lies and cheats on virtually everything, PHESTER. Out of honest curiosity, why doesn't that disturb you?

#10 | Posted by Zed at 2019-11-28 08:19 AM | Reply

PHESTER

Yeah, you threw me with that H & R. Block thing. They don't do his tax returns.

Don't quote me but I seem to recall from when Trump's original and long term tax preparers dumped him over his ethics problems, he signed on with a new firm occupying two floors in a downtown Atlanta office building who employ 115 tax attorneys and CPAs.

That's not to say they are his ONLY tax preparer. There's also Personal and State.

#11 | Posted by Twinpac at 2019-11-28 08:35 AM | Reply

But of course you knew what the implication was.

#9 | POSTED BY PHESTEROBOYLE AT 2019-11-28 08:01 AM | FLAG EYE ROLL

There is one thing to push every legal tax break in an open and honest albeit ruthless fashion. Trumplethinskin has this YUGE problem... and it goes like this.

FACT ... matter of public record... Trump lied about his taxable assets, deductable assets, losses, philanthropy and charatble ventures... among other things.... and now he is in trouble. Seems his "truthful hyperbole" is catching up to the gas bag of a "stable genius". His -------- is biting him (and you) in the ass... and you will once again be defending the wrong side of history with your short sightedness.

That is the problem with conservatrons ... you take one little thing rather than look at the entire picture. There are several reasons and justifications for looking at his tax records which means looking into ALL the ways he generated his particular " taxability.".

He is leaving office in disgrace not becauxse of anything thing done by liberals... liberals weren't handling the Ukraine biz...but by his own brazen stupid... and his brazen stupid is what attracted YOU and your ilk to him.
so
SKRU U

#12 | Posted by RightisTrite at 2019-11-28 08:41 AM | Reply

PHESTER

"Every person rich or poor takes advantage of *every tax break/loophole possible.
And we all know it."

Of course. ~ But that's not illegal. And even banks allow for a certain degree of disparities.

However, out-and-out lying to the IRS is illegal and usually remedied by paying up or, if really serious, time in prison. (i.e. Al Capone)

Tax preparers like Trump users don't risk themselves by committing fraud on request. They'd dump him first.

#13 | Posted by Twinpac at 2019-11-28 08:48 AM | Reply

"However, out-and-out lying to the IRS is illegal and usually remedied by paying up or, if really serious, time in prison. (i.e. Al Capone)"

Maybe that's why he is under audit. I'm sure some Explosive!! Bombshell!! Will reveal itself between now and next November.

#14 | Posted by phesterOBoyle at 2019-11-28 09:15 AM | Reply

Good morning, Trumpers.

Please be sure to remember to put your turkeys in the deep fryer straight from the freezer (it locks in the juices), but only if you voted for Donald Trump.

Happy Thanksgiving!

#15 | Posted by JOE at 2019-11-28 09:16 AM | Reply | Funny: 1

Would it be gut curdling for some to give thanks for our 401ks going up up and away?

#16 | Posted by phesterOBoyle at 2019-11-28 09:18 AM | Reply

Joe, if someone does that and gets hurt, you might wind up on TV in judge Gino's courtroom.

#17 | Posted by phesterOBoyle at 2019-11-28 09:21 AM | Reply

"Would it be gut curdling for some to give thanks for our 401ks going up up and away?"

You were saying the same thing all through the Bush administration, then the bottom fell out.

#18 | Posted by danni at 2019-11-28 09:28 AM | Reply

Would it be gut curdling for some to give thanks for our 401ks going up up and away?

#16 | Posted by phesterOBoyle at 20

Doesn't bother me.

Just remember that when you're dead someone else always gets what you've got.

#19 | Posted by Zed at 2019-11-28 09:29 AM | Reply

"Donald Trump lies and cheats on virtually everything, PHESTER. Out of honest curiosity, why doesn't that disturb you?"

Still an honest question.

#20 | Posted by Zed at 2019-11-28 09:29 AM | Reply

PHESTER

"Would it be gut curdling for some to give thanks for our 401ks going up up and away?"

The Piper hasn't been paid yet.

#21 | Posted by Twinpac at 2019-11-28 09:31 AM | Reply

You were saying the same thing all through the Bush administration, then the bottom fell out.

#18 | Posted by danni at

But it's possible it really is the only thing he has to give thanks for.

#22 | Posted by Zed at 2019-11-28 09:31 AM | Reply

"The Piper hasn't been paid yet."
~~~~~~~~
"You were saying the same thing all through the Bush administration, then the bottom fell out"
~~~~~~~
"But it's possible it really is the only thing he has to give thanks for."
~~~~~~~
Wow you pessimistic haters harshed my Thanksgiving. On the bright side, there are at least 3 shopping weeks left. Haha

#23 | Posted by phesterOBoyle at 2019-11-28 09:40 AM | Reply

PHESTER

I am looking on the bright side. Maybe Trump won't do anything to crash the market until his second term when he and his friends can cut and run with their booty and leave you with the empty bag.

#24 | Posted by Twinpac at 2019-11-28 10:50 AM | Reply

"Second term"
Mmmm good
~homer S :)

#25 | Posted by phesterOBoyle at 2019-11-28 11:15 AM | Reply

Would it be gut curdling for some to give thanks for our 401ks going up up and away?

#16 | POSTED BY PHESTEROBOYLE

Yes. You should be thankful that you as the hoi polloi are being allowed to gamble your retirement on the stock markets.

That is not a retirement plan.

That is gambling my friend.

My annuity is not at risk like yours.

So who will you blame when the stock market crashes? As it inevitably will?

You should blame yourself for being a fool but you won't. You will probably blame Obama. Not understanding that without Obama your stocks world not be skyrocketing today.

So

Thanks Obama!!

#26 | Posted by donnerboy at 2019-11-28 11:52 AM | Reply

"Thanks Obama!!
#26 | POSTED BY DONNERBOY "

~dream dream dream *the Everly Bros.

#27 | Posted by phesterOBoyle at 2019-11-28 12:54 PM | Reply

"the tax preparer is responsible for any perceived mistakes.
As in....audit."

Nonsense. The first rule of tax preparation is, "If anyone is going to jail, make sure it's the client."

#28 | Posted by Danforth at 2019-11-28 01:41 PM | Reply

His tax records been been released? I don't think so.

#29 | Posted by Sniper at 2019-11-28 01:48 PM | Reply

#28 how much protection is afforded the preparer by the clause and signature by the payer at the end of the return?

#30 | Posted by jpw at 2019-11-29 10:37 AM | Reply

"How much protection is afforded the preparer by the clause and signature by the payer at the end of the return?"

A little, but not much. Most important is who provided what answers. If the taxpayer lied or purposely misled the preparer, the taxpayer bears all the exposure. If, however, the preparer aided and abetted, changed the answers, or gave bad advice, the preparer can be in a lot of trouble. From my point of view, because I prepare a lot of returns for self-employed folks, I try to do everything perfectly, because if I'm shown to be lax or wrong, the assumption is I'm lax or wrong with all my clients. If I cheat, it would trigger dozens of audits to see if the violation was an outlier, or standard operating procedure.

Actually, the rule I cited above is rule #2. Rule #1 is "We never, ever, EVER do anything illegal for ANY client."

While it's rare for me to fire a client, the most common reasons are they've lied to me, they want to hide income, or I feel their records don't pass the smell test.

#31 | Posted by Danforth at 2019-11-29 11:21 AM | Reply

31

Do you have professional liability insurance?

#32 | Posted by eberly at 2019-11-29 11:24 AM | Reply

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