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Fast Walker 52

(7,723 posts)
Sun Jul 31, 2016, 01:52 PM Jul 2016

Trump seems to admit there is damaging info in his tax returns.

TRUMP: No debts. I have very little debt to anybody. I don't need debt. You know, it's very interesting, I'm so liquid, I don't need debt. And if I need debt, if I want debt, I can get it from banks in New York City very easily.

STEPHANOPOULOS: You know where I'm going to take this next. Americans could be assured on that if they saw your tax returns.

TRUMP: My tax returns are very simple. They're under a minor audit, a routine audit, as they have been for many years. Every year I get audited.

Now, I don't know if you get audited but I have friends...

STEPHANOPOULOS: I've been audited.

TRUMP: -- who are very wealthy that never have been audited. I say -- you get audited. I get audited every year. I'm under a routine audited like routine. And I've been for years, every year.

STEPHANOPOULOS: Is there something...

(CROSSTALK)

TRUMP: George, it is very simple. Yes, but they're all linked. It's called the link.

It's very simple, if my audit is finished, that's great.

Now, I have to tell you. I watched Mitt Romney four years ago. He waited until September to give them, just before the election. They made him look so bad, it was so unfair, I actually think he didn't lose because of the 47 percent, I think he lost because of a couple of really minor items in tax return where he did nothing wrong. So it is unfair.

But I will say, when I'm finished with the audit, I'll do it.

STEPHANOPOULOS: Richard Nixon released his even though his were under audit.

TRUMP: I don't use Richard Nixon as necessarily the guide, OK. I mean, you know, it's an interesting person to use, but don't use it.

http://abcnews.go.com/Politics/week-transcript-donald-trump-vice-president-joe-biden/story?id=41020870
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How long is he going to get away with this audit nonsense?

21 replies = new reply since forum marked as read
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Trump seems to admit there is damaging info in his tax returns. (Original Post) Fast Walker 52 Jul 2016 OP
He has no debts because he never pays anyone what he owes...deadbeat. Demsrule86 Jul 2016 #1
All his debt is carried in the corporations, he takes the profits and value out, leaving only debt. bullimiami Jul 2016 #8
His debts are all in rubles. Rubles don't count. Koinos Jul 2016 #9
He get audited EVERY year Motley13 Jul 2016 #2
Not to his defense but I do know someone who was audited 17 years in a row underpants Jul 2016 #7
Trump is a Crook. Why is this not all over the Main Stream News ?? trueblue2007 Jul 2016 #3
According to Bloomberg he has $630M of debt VMA131Marine Jul 2016 #4
Cuban guessed about $200 million a while back RonniePudding Jul 2016 #6
Bloomberg has the goods on Trump; and we haven't heard the last from Bloomberg. Koinos Jul 2016 #10
interesting, thanks Fast Walker 52 Jul 2016 #18
He is flat broke. He pays zero taxes. B Calm Jul 2016 #5
He's only a millionaire and pays very little taxes HipChick Jul 2016 #14
In trump's words.. zenabby Jul 2016 #11
I he thinks "Mitt" made a mistake waiting too long to release them, anamandujano Jul 2016 #12
Staphylococcus! Fast Walker 52 Jul 2016 #16
. anamandujano Jul 2016 #20
Why does he repeat himself so much? HipChick Jul 2016 #13
Aside from the matter at hand, the man simply cannot put together a cohesive sentence. unitedwethrive Jul 2016 #15
yep.... he may have the best words, but he doesn't use them very well Fast Walker 52 Jul 2016 #17
I've worked in real estate development -- NOT for Trump, thank the gods. greatauntoftriplets Jul 2016 #19
The idiocrats don't care. GeorgeGist Jul 2016 #21

bullimiami

(13,086 posts)
8. All his debt is carried in the corporations, he takes the profits and value out, leaving only debt.
Sun Jul 31, 2016, 02:30 PM
Jul 2016

He pays himself, his family, his expenses, his opulent lifestyle.

Then he bankrupts the corporations leaving everyone else holding the bag.

underpants

(182,789 posts)
7. Not to his defense but I do know someone who was audited 17 years in a row
Sun Jul 31, 2016, 02:18 PM
Jul 2016

She had been married to someone and money went missing. The IRS kept her under watch to see if suddenly she had money from somewhere. Nasty divorce, she had nothing to do with him but the Feds knew that could be a ruse.

 

RonniePudding

(889 posts)
6. Cuban guessed about $200 million a while back
Sun Jul 31, 2016, 02:10 PM
Jul 2016

His point was there is a world of difference between having a billion dollar net worth and actually having a billion dollars in cash.

Koinos

(2,792 posts)
10. Bloomberg has the goods on Trump; and we haven't heard the last from Bloomberg.
Sun Jul 31, 2016, 02:41 PM
Jul 2016

Mark Cuban knows him too, and I'm sure we will be hearing from more billionaires very soon.

Trump craves approval from billionaires, but he is going to get a big dose of diss instead.

zenabby

(364 posts)
11. In trump's words..
Sun Jul 31, 2016, 02:42 PM
Jul 2016

Some say, many say that there is something very damaging in the tax returns that Donald does not want others to see. I don't want to believe it, but maybe, probably, that is true, and something we need to look at. I've heard that it is a Russian connection, or illegal activity. Do I agree? I don't know, but it's probably something the press needs to look at.

anamandujano

(7,004 posts)
12. I he thinks "Mitt" made a mistake waiting too long to release them,
Sun Jul 31, 2016, 02:45 PM
Jul 2016

why wouldn't he avoid that problem and release them far ahead of the election?

Liars always give too much information. Too bad Staphylococcus didn't follow up on that. He's supposedly smarter than us but he let that do.

unitedwethrive

(1,997 posts)
15. Aside from the matter at hand, the man simply cannot put together a cohesive sentence.
Sun Jul 31, 2016, 03:02 PM
Jul 2016

When you see it in writing, his lack of education really hits home.

greatauntoftriplets

(175,733 posts)
19. I've worked in real estate development -- NOT for Trump, thank the gods.
Sun Jul 31, 2016, 03:28 PM
Jul 2016

All real estate developers have debt. Does he really expect people to believe this garbage???

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