Quote:
Originally Posted by txdot-guy
I am tying it to Trump’s notoriously thin skin. Even if it is not true it certainly looks like more of his revenge tour.
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I'll give a quick and extremely simple lesson on how taxes work from a man who has his CPA license although just in America and not the Panama equivalent, but it's safe to say it is universal for the most part as far as taxable income.
If you are compensated for a license agreement, you don't have to own the fucking property to earn income off it. Many license agreements also include management fees as well. If you are earning income, you pay fucking taxes. This shit is not that complicated and yes, it is that simple. In the states, it is classified as income for that particular entity. I am sure it is in Panama as well.
Trump is a geriatric baby. I don't buy for a second that his main issue with Panama has to do with China's bullshit. His problem is that crooked old bitch hates paying taxes, and Panama wants their tax dollars from the money that he profits from in their country.
Sooo, what does the fat bully baby do? Well, this silly shit to divert from his own personal business shenanigans. And yes, that's just my opinion of what that grifter is doing. Or maybe I'm wrong, and all of a sudden Trump just happens to give a flying fuck about the Panama Canal.
I won't even discuss the predatory lending because the clown has already been busted for trying to get around that here in the states. Anything over 2% interest is probably considered "predatory lending" to that idiot.