So what TFG was saying yesterday is that DEBT is an ASSET...

[Grasswire2]

...if you never intend to pay it back.

That's the only possible conclusion drawn from his rebuttal to MAZARS

Drawn from his years of experience.

[leftieNanner]

1. But - too bad for him

Any debt that is forgiven is taxable income.

We all know how much he loves to pay taxes.

[paleotn]

15. Bingo.

[Wounded Bear]

2. Debt can be an asset...

but most businesses handle their debt honestly.

[bucolic_frolic]

3. Slumlord strategy is always to maximize tax deductions and never pay tax

The tax code is built for them because they're so big and lobby for exemptions. If they didn't get those perks there would be no housing for their tenants.

But it's not a strategy to maximize solvency.

[PatSeg]

4. Oh, he bragged about it during the 2016 campaign

"I am the King of debt", as if it was an attribute.

[leftieNanner]

16. "That makes me smart."

His response after Hillary's comment about his not paying taxes.

[PatSeg]

18. Yep and people voted for him!

[malaise]

5. If M$Greedia weren't such hypocrites

they’d be making the connection with why the Slobfather hid his tax returns.

Remember now that the BananaReTHUGs had no problems with any of this. The ads should write themselves.

[captain queeg]

6. He says he loves debt.

No doubt because he never pays the full amount he owes. A lot of people saw him as a successful businessman. But everything he ever does loses money. His entire business is just scams and screwing anyone else as much as he can. In his mind that is a successful business model.

[Emile]

7. Ten to twenty should cure the assets!

[fightforfreedom]

8. Someone, I can't remember who, said it best.

Trump has lied to the news media , the public for years. That is not a crime. Now Trump is going on trial and lying in court is a crime.

[dickthegrouch]

9. He should remember the coverup is often punished more severely than the crime would have been.

What a lovely catch22 he's got himself into.
Couldn't happen to a 'nicer' guy!
Lock him up!
Give him standard prison health care.
And take away his Detail.

[Grasswire2]

10. Gag order in custody.

And no commissary privileges. No TV.

[Bernardo de La Paz]

13. Force him to live in an isolated unit with only his daughter and son. Would not be solitary. . nt

[Bernardo de La Paz]

11. tRump is clever about 2 things: Other People's Money (incl taxpayers') and Media. . . nt

[ancianita]

12. Yeah like war is peace, slavery is freedom, ignorance is strength, per the judge. Fuck Trump.

[BlueIdaho]

14. TFGs own legal council understands

If he gets near a sworn deposition he will destroy himself. His massive ego and financial ignorance will sink him like a stone.

[CaptainTruth]

17. Debt that's forgiven is taxable income.

Which makes me wonder if Trump ever had debt forgiven & if he properly declared it on his taxes?