>
Weird how this guy claims to be so rich, but doesn’t seem to be able to make any money. >

Ohh...He makes money...he just doesn't tell the IRS >

You spelled "takes money from Russians" wrong. >

The confusing thing is the years where he didn't lose money. What was going on in 2018 and 2019?
I've got some theories, but that's the more interesting discrepancy to me. >

He sold his 4% share of a housing complex in Brooklyn in 2018. >

The most telling part of this 'Trump profit' to me is - this is the sale of property Trump inherited from his father.  This was inherited profit - not profit from Trump's own investments or business acumen.
Keeping that in mind - Trump made virtually no profit at all for the 6 years of taxes that have been made public.
Anyone want to bet the story he told the banks to get loans during that time was completely different from the story he fed to the IRS?
Trump is guilty either of bank fraud, or tax fraud, or both. >


Trump is guilty either of bank fraud, or tax fraud, or both.

insurance fraud too.  he was telling the banks, insurance companies, IRS all something different.  Also, the sale of this property is rather funny.  he "inherited" the whole thing, full ownership.  why did he only have 4% left?  he made loans and used that as collateral, and then didn't pay the loans back because they were terrible investments.  where did all this cash end up, I have to wonder. >

He publicly bragged about cashing in on a $17m insurance claim for Mar A Lago even though there was no actual damage after a hurricane hit other parts of FL.
Another bogus claim with Briarcliff comes to mind.  There are likely plenty more. >

The biggliest of losers >

What a great business man!  Not >

Lol my friend always says about him being very smart rich and that lol >

I long for the day when all trump meant to me was a winning card hand. >

It's always meant fart to me and the British.
An obnoxious smell that lingers too long, quite fitting. >

Damn, that's spot on >

My hope is that the presidency will mean complete financial ruin for him. The irony is that he only ran to expand his brand. >

He ran because Obama called him out for his 'birth certificate' bullshit at the 2011 white house correspondents dinner. >

That would imply that he actually wanted to win. I don’t think he did. >

That picture election night 2016 of their inner campaign team cheering but Ivanka and him were grim-faced at the news of winning tells the whole story. Don Jr, was of course grinning like an idiot.
I wish I could find that link again, I seem to remember it being a very in depth Guardian story of the election night. >

He said something like 'I'm fucked'. He was right. It just took a while. >

Diapers are very expensive. >

Especially if you have to special order them to be extra big in the back and extra small in the front. >

He needs the all terrain, 200 lb carry capacity ones >

All terrain? This fool can barely walk. >

So they released it.
LOL! They will not stop shitting on this man and I'm here for it. Even Republicans have started turning on him more and more recently. He might actually see some consequences for all he's done. Revenge is a dish best served cold as they say. >

He has two possible explanations:
1). He is a rancidly bad businessman.  He turns billions into negative income.
2)  He is incredibly dishonest.  He is making millions and bilking the government out of millions.
So he is either an idiot or a crook or some combination, but there is no good spin on those returns. >

Well the idiot criminal is a trope. He does so like his stereotypes. >

“I want you to see if this sounds familiar: any time you try a decent crime, you got fifty ways you're gonna fuck up. If you think of twenty-five of them, then you're a genius... and you ain't no genius.”
Teddy - Body Heat >

He has nothing to worry about. His troglodytes will give him their life savings to own the libs. >

So at a time when the stock market was reaching for the moon, the "smartest business man?" in the universe lost money 4 out of 6 years. >

So it’s establish that Trump lies about his finances but he got several hundred million dollars in inheritance from his father, if he just park that money in a high-yield mutual fund he would be richer than he is today.  Think about that, if he had parked his money in a mutual fund that followed the S&P 500 and done zero work he would be Richard now than he managed with all of his scheming and thieving and not paying his employees.  Think about that, if he had parked his money in a mutual fund that followed the S&P 500 and done zero work he would be richer now than he managed with all of his scheming and thieving and not paying his employees >

It’s actually very difficult to lose money when you have as much as he has/had. People think he’s brilliant but if you start out with a lot of money, it’s very easy to make more. As you said, just invest in index funds and your making millions every year doing nothing. He bought lots of properties in NYC in the 80s. It doesn’t matter what property it is, it’s worth WAY more now. He inherited a ton of money from his dad, AND would have learned a lot of valuable lessons from his dad in real estate. All this and he apparently STILL somehow lost money almost every year. 
He’s either a complete fucking moron, an incredible tax cheat and should be in jail, or the tax system is so beyond fucked up that he’s able to legally avoid taxes despite being filthy rich.
EDIT: According to NY times after his father died they sold his properties in 2004 and his cut from that sale was $177 million. Invested in index funds from 2004 to 2022, it would have gained an average of 9% and would be worth over $880 million now.
That’s not including all the millions that his dad gave him while he was alive. He was a millionaire at age 8, so he had a lot of time for that money to compound. If he didn’t work a single day in his life he’d be a multi billionaire. >

Overstate your wealth and earnings to banks to get loans, overstate your debt and losses to the IRS to avoid taxes. What could go wrong? >

For Trump? Apparently nothing. 😕 >

Yup. Been saying it for years. He'll face no consequences for anything he's ever done. >

Why would someone who loses so much money donate their potus salary away? >

He didn't. He lied about that too. >

And the spin over at r/conservative is surely something about him being the bigliest of smart tax cheats and conmen. Meanwhile a huge percentage of them are barely making ends meet, but can’t stop that poisoned logic for just a minute. Imagine how much easier THEIR lives would be if every millionaire and billionaire actually paid their fair share and didn’t just keep robbing the general public blind? 
Oh wait, as long as such practices hurt ‘the right people’ it’s okay if grandma has to eat cat food for dinner every night of the week, amiright? >

No they put “Fuck Joe Biden” stickers at Gas stations pumps because can’t effort to fill them pickup trucks they bought when Trump told them he brought back the jobs. >

Carry a sharpie or a knife with you. I scratch every one out, with a knife myself. It helps that I’m a bad looking guy. Anyone who gives me a look when I do it I just stare down. They are all pussies when one on one. >

hE wAs MaKiNg A hUgE sAcRiFiCe! /s >

I like typing like that sometimes. But it's sooo annoying. I bet there's a website that will automatically do that. Like upside down text. >

…he also found it in his off shore accounts >

Trump was working so hard for the American people that his own businesses were losing hundreds of millions.  What a guy.  /s >

You can all do exactly what Trump does. Create a corporation. Fill out a schedule c “loss” and have it equal your income from all other sources. Then deduct that loss against your income. Suddenly you owe ZERO. Nevermind the fact the loss company doesn’t do business and is totally fraudulent because it’s exactly what Trump does and the IRS can’t be bothered to audit those individual entities to stop him. It’s a fucking joke. >

Isn’t that basically the same thing Nixon did? >

Sorta. Nixon was after a basic income under a certain level that’d allow something like that. Trumps is just plain old tax fraud though. >

Remember how he told everyone he was worth 10 billion when he first announced his 2016 run? More lies. >

But he has greatest of success- more than ppl could even imagine. >

Ketchup doesn't grow on trees. >

He borrowed 2B from Chase. He was suffering. Lmao >

Sometimes I just completely forget that Melania Trump exists at all. >

Trump: “I lost millions (to my offshore accounts)!” >

Trump is such a fucking loser. >

Conservatives will say he gave up everything including his wealth to serve the country as president. >

I’m curious why the releases did not include the supporting schedules, such as for unreimbursed business expenses. >

He didn’t “lose millions” … he misspent them. >

christ. does NO ONE realize business losses for tax purposes does not equal “i have no money left”? >

He lied about the losses.  He lied about his net worth.  He lied about donating his salary. Yet there are those who, to this very day, defend the lying.  Says a lot about someone's morality. >

More of his special brand of winning. >

Like that golf course in Puerto Rico he was going to save and it was bankrupt in 2015. >

He lost it, but later he found it.
"Just kidding...I WAS KIDDING!" >

I honestly dont think this will have much effect on his base, they dont care, actually they will see him dodging taxes as "smart", his base does not see paying taxes as patriotic or lawful, they hate social spending as much as they hate paying taxes....... >

If he’s making a ton of money and paying taxes then he’s a brilliant businessman. If he’s losing tons of money then he’s a brilliant at sticking it to the man using tax loopholes to keep his money. They love it either way.
They will never believe that he’s actually a bad businessman, it’s all tricks to avoid taxes. >

What a stable genie business man! >

I’m sure his generous savings accounts demonstrate the losses… >

Now what did his loan applications from 2015 to 2020 say? >

I also lost millions.
I never had millions, but those are the ones I lost.
/s >

So is he technically not a billionaire anymore? Or even a millionaire? >

Definitely a billionaire. There's a minus sign next to the number, but that number is definitely well over a billion. >

Hmmm… sounds like a loser >

Can someone explain why people ever thought he was good at business? Besides tax evasion, why did country bois think he would make them rich? >

Holly crap, look at the size of her hand. Now look back at pictures of trumps hand…..
This is photoshopped or deeply disturbing!!! >

Obviously manged his businesses as he did the presidency. Badly. >

2015 he started running for President and he was in office till Jan 2021. Does anyone know who was running his businesses during that time? >

Looks like he was making money when he could funnel business to his hotels in exchange for access and influence. >

I knew that UPEN degree was worth something