House Releases Trumps Tax Returns

[Jackie S]

https://www.cbsnews.com/live-updates...ay-2022-12-30/

The big question will be, has he broke any laws, or is he using all legal parts of the Tax Code.

I think if the Dems would have found anything, we would have known about months ago.

From what I can gather, Trump makes millions by spending lots of money in order to make lots of money. While doing this, He uses the Tax Laws to full advantage.

[WTF]

You too would be making lots of money if your daddy had left you billions!

[Hdtown]

So true, he is losey at business and pays many people to cover it up

[Precious_b]

I've been waiting for #HeWhoShallBeNamed to thank the demos for FINALLY getting his returns out of audit. Guys been saying that they have been there for years.

And he is on record multiple times in that he was going to show them when the IRS was finished with them.

But when have you heard donny thank a demo?

[Jackie S]

Originally Posted by WTF

You too would be making lots of money if your daddy had left you billions!

Millions.

It takes 100 of those to make a billion.

[WTF]

Originally Posted by Jackie S

Millions.

It takes 100 of those to make a billion.

Do you think Donnie beat the stock market, had he just put his money in an indexed fund?

Or did this champion liar make more off on his own?

Where would you place your money...with Trump

[Jackie S]

Originally Posted by WTF

Do you think Donnie beat the stock market, had he just put his money in an indexed fund?

Or did this champion liar make more off on his own?

Where would you place your money...with Trump

Mattress.

[The_Waco_Kid]

Originally Posted by WTF

Do you think Donnie beat the stock market, had he just put his money in an indexed fund?

Or did this champion liar make more off on his own?

Where would you place your money...with Trump

he did, until the pandemic.


Trump critics havelong claimed that if the former president had simply taken the money his father gave him, stuck it in the S&P 500 and watched the money appreciate over time, he’d be far richer. But for years, those critics were wrong. In fact, Trump outperformed the market for much of his life, developing some great buildings, lucking out on a couple of other projects and capitalizing on a knack for marketing.


https://www.forbes.com/sites/danalex...h=48c635731c48


TRUMP VERSUS THE S&P 500

Forbes estimates the size of Donald Trump’s fortune twice a year, as represented by the green bars. Before the pandemic, Trump was worth far more than what he would have been if he had put his father’s funds into the S&P 500, a hypothetical amount symbolized by the black line cutting through the bars. After Covid struck, however, Trump’s business deflated while the market soared, meaning Trump would now be richer if he had just invested it all in the S&P 500.

In order to fairly measure Trump against the S&P 500, you need to answer three questions: how much the former president received from his dad, when he received that money and what he is worth now. Around 2016, several outlets tried to make the comparison without knowing those answers, leading to bad guesses that fueled years of inaccurate speculation. On October 2, 2018, the New York Times clarified the picture, addressing the first two questions with a single line buried inside a 13,000-word exposé on the tax returns of Fred Trump, Donald’s dad. “Here is what can be said with certainty,” the article stated. “Had [Donald] Trump done nothing but invest the money his father gave him in an index fund that tracks the Standard & Poor’s 500, he would be worth $1.96 billion today.”


At the time, Forbes estimated that Trump was worth $3.1 billion. In other words, despite all of the speculation to the contrary, he had apparently outperformed the market index by about $1 billion, as of 2018. That accomplishment didn’t get anywhere near as much coverage as the previous suggestions that Trump had underperformed the market.


Trump continued to stay comfortably ahead of the S&P 500 until last year, when Covid turned the world upside down. The stock market tanked, and Trump personally lost an estimated $1 billion in a matter of weeks. After the initial shock, the overall market began to recover, but Trump’s fortune languished. With his hotels, storefronts and office buildings hollowed out, the S&P 500 started to catch up to Trump. Eventually, in early 2021, the market overtook the mogul for good.


anything else i can explain for ya today son?

[farmstud60]

The reality is the Trump tax returns don't tell anyone anything worthwhile.

[Jackie S]

Originally Posted by farmstud60

The reality is the Trump tax returns don't tell anyone anything worthwhile.

WTF, after seeing Trump’s tax returns, was left speechless. But after a few moments to regain his Liberal/Progressive/Democrat composure, he suddenly blurted out……..

“RUSSIA, RUSSIA RUSSIA RUSSIAl”.

[matchingmole]

Originally Posted by The_Waco_Kid

he did, until the pandemic.


Trump critics havelong claimed that if the former president had simply taken the money his father gave him, stuck it in the S&P 500 and watched the money appreciate over time, he’d be far richer. But for years, those critics were wrong. In fact, Trump outperformed the market for much of his life, developing some great buildings, lucking out on a couple of other projects and capitalizing on a knack for marketing.


https://www.forbes.com/sites/danalex...h=48c635731c48


TRUMP VERSUS THE S&P 500

Forbes estimates the size of Donald Trump’s fortune twice a year, as represented by the green bars. Before the pandemic, Trump was worth far more than what he would have been if he had put his father’s funds into the S&P 500, a hypothetical amount symbolized by the black line cutting through the bars. After Covid struck, however, Trump’s business deflated while the market soared, meaning Trump would now be richer if he had just invested it all in the S&P 500.

In order to fairly measure Trump against the S&P 500, you need to answer three questions: how much the former president received from his dad, when he received that money and what he is worth now. Around 2016, several outlets tried to make the comparison without knowing those answers, leading to bad guesses that fueled years of inaccurate speculation. On October 2, 2018, the New York Times clarified the picture, addressing the first two questions with a single line buried inside a 13,000-word exposé on the tax returns of Fred Trump, Donald’s dad. “Here is what can be said with certainty,” the article stated. “Had [Donald] Trump done nothing but invest the money his father gave him in an index fund that tracks the Standard & Poor’s 500, he would be worth $1.96 billion today.”


At the time, Forbes estimated that Trump was worth $3.1 billion. In other words, despite all of the speculation to the contrary, he had apparently outperformed the market index by about $1 billion, as of 2018. That accomplishment didn’t get anywhere near as much coverage as the previous suggestions that Trump had underperformed the market.


Trump continued to stay comfortably ahead of the S&P 500 until last year, when Covid turned the world upside down. The stock market tanked, and Trump personally lost an estimated $1 billion in a matter of weeks. After the initial shock, the overall market began to recover, but Trump’s fortune languished. With his hotels, storefronts and office buildings hollowed out, the S&P 500 started to catch up to Trump. Eventually, in early 2021, the market overtook the mogul for good.


anything else i can explain for ya today son?

If you cut and paste so

[The_Waco_Kid]

Originally Posted by matchingmole

If you cut and paste so

1) link

https://www.forbes.com/sites/danalex...h=48c635731c48


2) click


3) read


thank you valued poster

[matchingmole]

Originally Posted by The_Waco_Kid

1) link

https://www.forbes.com/sites/danalex...h=48c635731c48


2) click


3) read


thank you valued poster

No thanks




I have a life


Nice try though

[Precious_b]

Originally Posted by WTF

You too would be making lots of money if your daddy had left you billions!

Originally Posted by Jackie S

Millions.

It takes 100 of those to make a billion.

Originally Posted by Jackie S

WTF, after seeing Trump’s tax returns, was left speechless. But after a few moments to regain his Liberal/Progressive/Democrat composure, he suddenly blurted out……..

“RUSSIA, RUSSIA RUSSIA RUSSIAl”.

I think he was too kind in not showing you that it would take an order of magnitude greater than a 100 to make "billion."

[dilbert firestorm]