369 Comments
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Left Coast Tom's avatar

“The record does not explain how Petitioner [Trump] had significant expenses without any concomitant income from his consulting business,"

I think the explanation would be that Petitioner [Trump] is a shitty "businessman" who inherited everything he's owned and spent a lifetime squandering it away.

Grumpy Old Man's avatar

Don't crush that dwarf - hand me the pliers.

Left Coast Tom's avatar

That's less than $500K. And, TPM has pointed out that NYC actually checks this against NY state income tax returns.

This is at least one reason why we'll never see Trump's tax returns, though we should never stop pointing out his failure to release them. Either he's a yooge billionaire who's too incompetent to get any return on his own investment, or he's far less than the billionaire he claims to be.

just_jim's avatar

It's been established that he screws his employees out of tips that they are legally entitled too.

How much worse a tipper can you be?

alwayspunkindrublic's avatar

If there is a way to be worse, I'm sure Trump will think of it sooner or later.

CATMAN's avatar

To quote the famous humanitarian Leona Helmsley: "Taxes are for poor people"

HogeyeGrex🌻's avatar

Well, if he were worth $10 Bil as he claims, and he was making a pitiful 1% return on his capital, he'd be bringing in $100 Mil. $500K is half of 1% of that. Not even Trump could be that awful a businessman. The amazing thing is that his unquenchable need to grift makes him do this sort of crap for $500. That's not even a decent dinner in the class he pretends to.

It's mind-blowing to me that he can utter the words "Crooked Hillary" without bursting into either flames or uncontrollable laughter.

edit: Yeah, I had that backwards. $300 for those making under $500K. Even worse.

Daniel_Oriordan's avatar

If Trump won, he'd be able to do his press conferences by phoning Fox & Friends, because everyone else would have had their credentials pulled for being pissy to him.

ibwilliamsi's avatar

I'm trying to think of any business that he as actually owned (not just had his name on) that hasn't failed. What little bit he did have going for him (Trump International in Vegas, whatever that shitty tv show he had...) he threw out the window when he started this insane presidential campaign.

There aren't any that haven't failed, are there?

Michael Smith's avatar

Hmm maybe I should rethink my "lawsuits make you rich" strategy. I may adopt "having rich parents makes you rich" instead.

Zhu Bajie's avatar

Justin Raimondo's been saying this for years.

Zhu Bajie's avatar

But a destroyed GOP would probably be replaced by something worse, like Libertarians.

Zhu Bajie's avatar

He isn't going to persuade me.

Zhu Bajie's avatar

Gacy, happily, did not run for office.