General Discussion

former9thward

(33,424 posts)

33. Trump makes $160 million a year.

Thu May 19, 2016, 02:43 AM

May 2016

He has filed his financial reports with the Federal Election Commission and the Wall Street Journal analyzed them. Much more credible that the stuff in the OP.

Meanwhile, the money coming from Mr. Trump’s income-producing businesses has increased. In his July form, he listed 170 different assets in the section of the form labeled “employment assets and income” with a minimum revenue of $419.6 million.

This year, he listed 152 assets, with minimum revenue increasing to $615 million. Part of this came from his golf-course business, which saw $306 million in revenue, up from $192.5 million reported in his July filing.

Also, he received royalty payments of $11.3 million from 29 sources, up from $9.4 million from 24 sources. Part of this came from his deal with the Trump International Golf Club in Dubai, which produced $1 million to $5 million in royalties, according to the latest form, up from the less than $201 reported in July.

http://www.wsj.com/articles/disclosure-form-details-donald-trumps-income-sources-1463614927

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Wait! What? Trump Only Makes $500k a Year? |TPM [View all] BootinUp May 2016 OP

Likely took a loss that year? metroins May 2016 #1

Article said he took a special NYC tax credit 3 years running... BootinUp May 2016 #2

Oof. metroins May 2016 #3

Real estate has the best deductions Yupster May 2016 #32

Offshore for sure. babylonsister May 2016 #4

Probably easy to cheat when you don't get a W2 or a 1099 LiberalArkie May 2016 #5

So, will the MSM or Dems ever even bring this up? world wide wally May 2016 #6

There's speculation Trump is not nearly as rich as he claims starroute May 2016 #7

Here's one Capt13 May 2016 #31

Panama papers nadinbrzezinski May 2016 #8

Spiro Agnew had to resign for cheating on his taxes.... Spitfire of ATJ May 2016 #9

A little more than that 1939 May 2016 #11

"It is easier for prosecutors to nail a crook on taxes because it is easier to prove" Spitfire of ATJ May 2016 #15

All the stuff is owned by Trump Inc. not Donald Trump KentuckyWoman May 2016 #10

This ! Angel Martin May 2016 #13

My guess is that it belongs to the company Betty88 May 2016 #19

I sure it does belong to the company Angel Martin May 2016 #20

Donald Trump did not pay one dime on the plane or on the refurbishment KentuckyWoman May 2016 #34

that's the joke of it Angel Martin May 2016 #35

No wonder he's chickening out of releasing his tax return. tclambert May 2016 #12

K - 1ing or W2ing yourself any more than that is bad business. Socal31 May 2016 #14

You pay taxes on income, not wealth jmowreader May 2016 #16

It's actually an LLC. Zynx May 2016 #21

Then contrary to Trump's last statement, he really is stupid jmowreader May 2016 #24

Steve Jobs was only paid $1 a year. LiberalArkie May 2016 #17

Melania has a bracelet worth that much. secondwind May 2016 #18

if the 500k number is true and his 10billion net worth is true NoMoreRepugs May 2016 #22

There is a lot of speculation BootinUp May 2016 #23

This is exactly why he won't release his income taxes. He's always lied about his wealth. Bucky May 2016 #25

Chances are he's underreporting his income Warpy May 2016 #26

I am told by a friend who may understand those who make their money in real estate... MrMickeysMom May 2016 #27

Makes sense madville May 2016 #28

His supporters won't care LittleGirl May 2016 #29

Dude is a con man IronLionZion May 2016 #30

Trump makes $160 million a year. former9thward May 2016 #33