Trump tax returns leaked, and show he lost more money than anyone in the time period.

Discussion in 'Budget & Taxes' started by Pro_Line_FL, May 7, 2019.

  1. vman12

    vman12 Well-Known Member Past Donor

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    The Atlantic City collapse ruined a lot of people during that time.
     
  2. yardmeat

    yardmeat Well-Known Member

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    Their motivation has nothing to do with whether or not they are right. Trump borrows recklessly, drastically inflating his own value to borrow money, and often can't pay back. And his business models are often lacking in any depth of strategy -- simply buying something, putting his name on it, and calling it "the best." He, by his own admission, prefers selling fantasies. There's nothing particularly controversial about those statements. It is well-established history.
     
  3. yardmeat

    yardmeat Well-Known Member

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    The Atlantic City collapse spanned 10 years?
     
  4. TOG 6

    TOG 6 Well-Known Member

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    But it has everything to do with the terms they use and the tone of their conclusions.
    -You- believe them because you want to.
     
    Last edited: May 8, 2019
  5. vman12

    vman12 Well-Known Member Past Donor

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  6. yardmeat

    yardmeat Well-Known Member

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    Trump's business losses are hardly limited to Atlantic City . . . which according to your own statement he would have knowingly entered into during a collapse, so a collapse is no longer an excuse.
     
  7. yardmeat

    yardmeat Well-Known Member

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    Feel free to quote anything I got wrong. Complaining about tone gets you nowhere. I've looked into much of this stuff for myself, and most of my opinion on this subject comes from reading/listening to Trump, not from third parties. -You- disbelieve the facts because you want to.
     
  8. vman12

    vman12 Well-Known Member Past Donor

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    You should read the part where he took from his other businesses to shore up his losses in AC maybe.

    Taking part in a revitalization effort doesn't mean people are willingly taking part in a collapse. Serious logic fail there.
     
    Last edited: May 8, 2019
  9. yardmeat

    yardmeat Well-Known Member

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    This wasn't limited to his activity in AC, and even shoring up a failing business is not a credit to his wisdom. And his willingness to commit to one motivation or another has nothing to do with the wisdom of the action in the first place. Serious logic fail there. Trump has always loved over-borrowing. Atlantic City didn't case some magic spell on him.
     
  10. vman12

    vman12 Well-Known Member Past Donor

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    Yes the wisdom would be to let a business fail :roll:

    I didn't attribute anything, that was you. Trying to read my mind is another logic fail for you.
     
  11. yardmeat

    yardmeat Well-Known Member

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    Yes, sometimes the wisest thing to do is to acknowledge a venture has failed and cut your losses. And? This isn't exactly controversial.

    You tried parsing between the intention of "taking part in a revitalization effort" and "willingly taking part in a collapse." That's the distinction you made. I read your words, not your mind. Once again, the logic fail is on the other side of the glass here.
     
  12. TOG 6

    TOG 6 Well-Known Member

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    You can't support any of the suppositions you made.
     
  13. yardmeat

    yardmeat Well-Known Member

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    Then name one I got wrong.
     
  14. vman12

    vman12 Well-Known Member Past Donor

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    Yeah I'll go with the results of the guy who is a billionaire, no offense.

    I didn't parse anything. I linked the story of AC that started in the late 60's and continues to this day.

    Since you're the one suggested he knowingly took part in a collapse, I suggest you revisit your own strawman.
     
  15. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    No, that was something different.
     
  16. TOG 6

    TOG 6 Well-Known Member

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    They're your suppositions - it's up to you to support them.
     
  17. yardmeat

    yardmeat Well-Known Member

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    1) We have no evidence beyond his own self-reporting that he's a billionaire. 2) People richer than him have criticized these kinds of business practices, no offense.

    Please see the parts where I quoted the distinction you were trying to draw . . . which is what parsing is.

    I suggest you revisit the part where you said that the collapse had already been going on for decades before these losses.
     
  18. yardmeat

    yardmeat Well-Known Member

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    Yes. If you'll actually directly challenge any of them instead of engaging in obfuscative vagueness. Which of them are wrong? Be specific if you want to signal that you are earnestly interested in any kind of honest debate.
     
    Last edited: May 8, 2019
  19. Le Chef

    Le Chef Banned at members request Donor

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  20. TOG 6

    TOG 6 Well-Known Member

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    Good - you'll provide support for them. All of them.
    Thanks.
     
  21. yardmeat

    yardmeat Well-Known Member

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    Any one you name and get specific about, as mentioned in the post you just quoted, yes. How many times shall I ask for specifics before I get them?
     
  22. Pro_Line_FL

    Pro_Line_FL Well-Known Member Past Donor

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    Finally Trump is officially #1 at something (biggest loser).
     
  23. vman12

    vman12 Well-Known Member Past Donor

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    Yeah he's probably down to his last $100.

    You can see the parts where I was responding to you.

    The totality of my contribution was:

    1. AC ruined a lot of people
    2. Yes, AC's economic problems happened over a span of years much larger than 10
    3. Pointing you back to the fact that the story explains how Trump moved money out of some businesses into his AC businesses


    Everything else was all you.
     
  24. TOG 6

    TOG 6 Well-Known Member

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    Here you go:

    - It is useless to play make-believe that these are normal business losses
    - [teh losses] are in keeping with the criticism of Trump's business practices that people have been giving for years.
    -Trump borrows recklessly, drastically inflating his own value to borrow money, and often can't pay back.
    -His business models are often lacking in any depth of strategy -- simply buying something, putting his name on it, and calling it "the best."
    -Trump's business losses are hardly limited to Atlantic City
    - Trump has always loved over-borrowing

    Be sure to provide citations.
     
  25. yardmeat

    yardmeat Well-Known Member

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    Straw man logic fail.

    The problem with attributing Trump's losses to this have been address.
    This has also been addressed.
    This has also been addressed.

    None of these explain his poor judgement and, in fact, as has been pointed out and not addressed, indicates even greater lapses in judgement.

    Except the parts I quoted.
     

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