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Trump earn's LESS than 500K/year!!
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You are currently reading a thread in /pol/ - Politically Incorrect

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Newly released tax returns filed by Donald Trump prove that he has earned under 500 000 dollars per year for several years in a row! Donald Trump is now on suicide watch
is this the end of /pol?


https://www.youtube.com/watch?v=kPW__fR_XGA&ab_channel=TheYoungTurks
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>>77454928
>channel=TheYoungTurks
uh oh Trump is BTFO for real this time, eh?
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>>77454928
Yearly earnings =/= net worth.

Delete your account Canacuck.
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POOR DONALD!
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I don't understand why Trump is poor is one of their mainline attacks for him.
This is coming from the party that won't shut up about how cool Bernie is for not living in a mansion.
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>>77455078
1) Yes you're correct
2) How does a person with a net worth of 10 billion only earn half a million for 3 years in a row?
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>>77454928
In other words Trump generously allows himself to be taxed on an income of half a million dollars a year.
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>>77454928
I really don't understand why this is supposed to be a big thing. It doesn't say shit about his actual wealth.
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>leftists/communists gloating that the evil rich man isn't rich

just how in the fuck is this supposed to matter
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>>77455190
Reinvesting instead of pulling everything into a bank account.
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>>77455190
a fucking leaf

And how much does his company earn?
He has a salary of 500k a year, while most of the rich guys in Croatia write themselves at the min salary so they don't have to pay heavy taxes.
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>>77455190
By spending resources preparing to be President of the United States.
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>>77455313
>>77455350
>>77455345

Lol.... I didn't realize /pol was full of 17yr olds that don't understand anything about taxes. I guess none of you guys have ever filed an income tax return.

They count all income, including capital gains. It could have been the government of NY state making a mistake for several years in a row, which is equally hilarious.

In any case, Trumperoo has played fast and loose with his financials for a long time and it's damned fucking entertaining.
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>>77454928
He literally spends more than that pqer year on fuel for the luxury 757 that he flies around in.
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you can't be taxed if the money never hits your pockets :^)
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>>77454928
Mark Zuckerberg's salary is $1 per year.

Good thing he isn't running for president huh??
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>>77455512
watch the video
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>>77455456
Corporations are legally living entities.
How much tax are his corporations paying?
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>>77455190

Steve Jobs only earned $1 a year

It's to avoid taxes

To be honest I'm surprised he's claiming that much
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>>77454928
Sorry to say that all this really proves is that Trump like most most rich assholes that the typical republican loves blowing and kissing there ass is just useing every trick in the book to exploit the tax system and get away with ripping of the middles class
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>>77455313
>>77455350
>>77455512
>>77455536
>>77455545
>>77455580

http://www.forbes.com/sites/jenniferwang/2016/06/07/donald-trump-still-receiving-tax-break-meant-for-homeowners-making-under-500000-a-year/#48ef50ca2ac1
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>>77455598
>To be honest I'm surprised he's claiming that much
this
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>>77455636
Again, corporations are legally living entities.
How much tax are his corporations paying?
>Tax loopholes? What are those?!
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>Trump is an out of touch billionaire!!!
>Actually, he's not nearly that wealthy!!!
>This is still a bad thing though, I promise
>>
Holy Shit you dense fucking retards, they count ALL EARNINGS, including all capital gains, dividends, and profits, not just "claimed income", and you faggots clearly know nothing about taxes.
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>young turks
>the channel that said britain declared war on argentina for the falklands
>not complete fucking retards
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>>77455190
Having really really good tax accountants

You're not obligated to use GAAP when doing your taxes, so you'd be an idiot not to use every trick in the book to downplay your income
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>>77455732
who cares what the left is saying? The left wing are a clown show, as we all know.

Trump's refusal to release any financials is causing this circus about his financial status. Why won't he just release his tax returns? It's fucking suspicious
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>>77455762
Holy shit you're daft, or just a leaf shill.
Dutchbro tells you that the company/corporation is not the same as Trump.
They can count everything he earns, but not what his company is earning in the same taxes, since the tax rates and laws are different for a private and a legal person.

And he owns his company thus having all the funds under his control but not subject to taxes.
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>>77454928
Trump loves niggers and spics i wasn't voting him anyway. Go post it in cuckgen where they hang out
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>>77455555
I don't need to watch the fucking video. The owner of a multi billion dollar company doesn't get paid a fucking salary. It's just an arbitrary number. You think he fucking clocks in and writes a check to himself at the end of the week?

You can be poor and still educate yourself on how successful people operate. Stay woke senpai.
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>>77455954
watch the video.

The point he is trying to make is that Trump is committing tax fraud.
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>>77454928
>He's too rich!

>He's not rich enough!

pick one and stick to it faggots
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>>77455190

Way to admit you're a wage slave.
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>>77454928

Larry Ellison, co-founder of Oracle is worth $56 Billion. He earns $1 dollar a year.
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>>77455979
It's not fraud, it's a loophole available in all countries where private companies are present.
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>>77455456
>Lol.... I didn't realize /pol was full of 17yr olds that don't understand anything about taxes. I guess none of you guys have ever filed an income tax return.

why is a canadian acting like he knows fuck all about US tax code?

don't make me call you a shill
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>costs $200k to fuel a jet
>can only fuel his jet twice a year

It really makes you think
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>>77454928
That would actually raise my respect for his persuasion skills and ability to keep sensitive information under wraps.
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>>77455762
hey RETARD capital gains don't happen if you don't sell you fucking MORON
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>>77455979
>watch a TYT video

nice try nigger.
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>>77455636
Yes, keep ignoring the serious questions. Maybe somebody will fall for your shilling that way.
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>>77455190
Warren Buffett has a net worth of $80 billion and only has $500 million in cash at a given moment.
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>>77456255
Yeah it really does
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>>77454928
Probably as a tax thing desu. Earns 500k but his jobs give him a company home, car, PA, etc
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>>77455979
He's been a billionaire for 40 years. If the IRS isn't properly keeping tabs on the richest people in the country, I'd blame the current administration.

The more likely answer though is that Trump's accountants are using our absurd tax laws to his advantage, which he freely admits to.
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>>77456423
And wants to change which is important to note.
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>>77455190
my guess is that he avoids the great merchant sin of usury that shackles us. thus he can't make the same kind of returns on his wealth as other can

based trump. I have never loved a man so much holy shit
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>>77455872
It's not smart to release them while he's being audited. Most people, including people who don't like him, admit that much.

If he refuses to release them afterwards, which he promised he would do, then I will agree something is very fishy.

Right now though you're acting desperate. It's literally (and I don't mean figuratively) impossible to know his 'wealth' without those documents.
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>>77455190
It is called stock and bond
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>>77454928
A fucking leaf
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>>77454928
Tax loop holes many billionaires do this but idiots like you don't understand how or why. Let's just say by doing this he's saving upwards of a hundred million. Believe me you Mohave to hire the best Jews for this to work.
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>>77455190
>>77455456
>>77455636
>TYT

Your PM sold all of your gold and is giving you a bunch of sand niggers as compensation.

Based Trump is actually protecting HIS money, and denying it to the Jude bankers. Absolutely fucking based.

Any decent American would do the same, the kikes and welfare recipients have enough already.

Fuck off syrupnigger.
>saged
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>>77456768
Canadians telling us how our tax system works. Only the most devious Jew knows how it works exactly. But I do know that some billionaires salary is only 1 dollar.
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One year he can have no income, the other year he can make shitload of money just by selling stocks or properties.
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>bash Trump because he's rich
>bash Trump becomes he's not so rich
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>>77454928
obviously he dodges tax, every billionaire does. what self respecting person wouldnt? paying tax is getting cucked BIG TIME - just think that every cent is actively being used to undermine and subvert you and your people.
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>>77454928
I don't think people like Trump gets paid the same way we do.
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>owns buildings worth +200M each
>not a billionaire
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>>77456195
I do know your tax code because I've paid US taxes when I worked for and earned stock options from a US corporation, and it's not all that different from ours
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>>77456273
>dividends
>profits
>anything not expensed to his corporation

how is this <500k?
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>>77454928
Pretty sure someone who drives a 747 that has an operation cost of 25k per hour, earns more than 500k a year.
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>>77454928
Do you know how investments work anon
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>>77454928
Trump made a few hundred million in liquid cash in 2014... and he was running for president in 2015 and 2016
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>>77456423
Yes basically the possibilities here are:

1) Trump actually did only "earn" 500k for 3 years in a row due to bad returns on his investments

2) the US government is more retarded that we thought

3) Trump committed fraud


It's probably #2, but still, funny as fuck.
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>>77456619
He won't release anything, even his tax returns from a decade ago, claiming the IRS audits him every year and somehow hasn't concluded the audits from a decade ago.

Obviously Trump is full of shit.
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>>77454928
>>77455190
>>77455545

In real estate, you use bullshit 'depreciation' deductions to write off against your net rental income.

You have to 'recapture' the depreciation when you sell the property, in theory. This means paying tax on the accumulated depreciation write-offs vs. the actual sale value of the property.

In practice... if you never actually sell, you never have to pay.

Real estate investing in its purest form is not about income. It is not about turning property into cash flow. It is about turning property into more property. It is about the direct accumulation of wealth.
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>>77456768
>I'm going to talk about Trudeau in a Trump thread, because proving that Trudeau is a moron means that Trump is awesome

Yeah, Trudeau's an idiot, what's your point?
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>>77456980
he got the tax credit for poor people for 3 years in a row
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>>77454928
Nobody has answered this question right because nobody knows anything about yearly profits vs net worth vs reported income.
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>>77458011
You don't know anything about our corporate or real estate tax systems, you retarded fucking leaf.
> I'm a drone and my drone tax system looks like your drone tax system if you squint enough and ignore some of the retirement plan tax shelters.
Even in our personal income tax system, you can still hide upwards of 200k/year in various tax deferred accounts and plan structures if you are clever enough. My income on paper is quite a lot lower than my income going into accounts, too.
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Why would he pay double taxes and raise more money from his company?

https://en.wikipedia.org/wiki/One-dollar_salary
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>>77455190
God fucking damn it. You best be trolling
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>>77458641
What's his name again?
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>>77458641
RICH PIANO HERE, WITH SMALLER BY THE DAY, AM I RIGHT BABE?
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>>77458715
Trump is the one who is trolling, and I'm enjoying the ride. You're retarded if you don't acknowledge the Mt. Everest level of bullshit coming from that wispy-haired man's ass.
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>>77454928
Breaking news, a businessman is smart with his money.
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>>77454928
>The Young Turds
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>>77458641

The guy does oil injections.

Hilarious.
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>>77454928
You do understand that when you own a company you can take quarterly dividends out of your company and not have to declare it as earnings
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>>77456116
From Oracle at his current position, his total income, including capital gains, would be far more which is why they only need to pay him a dollar.
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>>77454928

I bet Hillary's income is higher than his.
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>>77455762
Corporations are separate entities though. You would have to check his corporate tax returns not his personal tax returns. Hes cheating the system so he has to pay less taxes
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>>77455555
I will since you have 5 5s.
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>>77454928
If he earned more you would complain about him earning too much to understand the needs of the average person or something like that so what's the point of this thread?
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>>77455456
>They count all income, including capital gains

TIL that in Canada, if you buy a car, or a TV, or a loaf of bread, they tax your capital on it every year as long as it exists

Tuly Trudeau has created a socialist hellhole
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I've been here like 12 years and I don't get people who spell simple shit incorrectly. Like why does anyone respond to their threads seriously
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>>77455979
I really don't care. You correct the record shills need to commit collective suicide
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>>77454928
>Hey guys,Trump lives off HIS OWN MONEY
>Instead of the government's money,like Hillary and Bernie do...
Wow,really makes you I'm now #Shill4Hill
CAN'T HERNIE THE BERNIE
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