Trump - 4 more years of this at least...

[husaberg]

Despite a bus load of allegations nothing ever materialises into successful conviction despite being in most litigious country in world.

Although Trump has said that he "never" settles legal claims, Trump and his businesses have settled with plaintiffs in at least 100 cases
with settlements ranging as high as hundreds of thousands of U.S. dollars and as high as tens of millions of dollars
the Trump University litigation, three legal actions were brought alleging fraud, one by the New York State attorney general and the others by class action plaintiffs. Donald Trump was found to have defrauded students, and was forced to pay $25 million in restitution.

On at least 36 occasions the New York State Department of Taxation and Finance has obtained tax liens against Trump properties for nonpayment of taxes.


Trump to Pay $2 Million in Damages for Illegal Activity During 2016 Election
The Trump Foundation was in fact found to have committed fraud and misappropriated funds, and was ordered to be shut down then pay 2 million dollars in damages for improperly using charitable assets to intervene in the 2016 presidential primaries and further his own political interests. The Trump Foundation has shut down, funds that were illegally misused are being restored, the president will be subject to ongoing supervision by my office, and the Trump children had to undergo compulsory training to ensure this type of illegal activity never takes place again, In her decision ordering Mr. Trump to pay $2 million, Justice Saliann Scarpulla said, "…Mr. Trump breached his fiduciary duty to the Foundation and that waste occurred to the Foundation. Mr. TrumpÂs fiduciary duty breaches included allowing his campaign to orchestrate the Fundraiser, allowing his campaign, instead of the Foundation, to direct distribution of the Funds, and using the Fundraiser and distribution of the Funds to further Mr. Trump’s political campaign.”

Mr. Trump and the Foundation have admitted key facts about their illegal political coordination with the Trump campaign, including that a purported Foundation fundraiser in January 2016 was in fact a campaign event, and that Foundation gave the Trump campaign complete control over the timing, amounts, and recipients of the $2.8 million raised through that event. Mr. Trump further admits that he and his campaign took credit for the grants that the Foundation made with funds that had been raised from the public. Justice Scarpulla noted in her decision that “Mr. Trumps campaign, rather than the Foundation:

[1/32 man]

Thanks for the hefty reply there TDL......most of it I don't agree with.

people can’t help but let envy get better of them.

oh dear me, envious of Trump?

Capitalism.....Gods way of determining who is decent and who is an arsehole.

I remember seeing on a television debate Trump saying with utmost conviction, " I dont pay taxes and that makes me smart"

[Laava]

Thanks for the hefty reply there TDL......most of it I don't agree with.

oh dear me, envious of Trump?

Capitalism.....Gods way of determining who is decent and who is an arsehole.

I remember seeing on a television debate Trump saying with utmost conviction, " I dont pay taxes and that makes me smart"

Fuxache! Someone has disgust mixed up with envy, LOL!
The most despicable human of the century.

[TheDemonLord]

Fuxache! Someone has disgust mixed up with envy, LOL!
The most despicable human of the century.

If it was disgust, there would be no need to belittle his wealth. That's the giveaway that it's envy.

[TheDemonLord]

Thanks for the hefty reply there TDL......most of it I don't agree with.

As is your want and right.

I remember seeing on a television debate Trump saying with utmost conviction, " I dont pay taxes and that makes me smart"

Indeed, he's talking about Tax Avoidance.

I'm pretty sure in that same debate he pointed out that Hilary takes advantage of the same tax loopholes that he does and her complaining about him doing it makes her a Hypocrit.

[1/32 man]

So tax avoidance is OK?

Trump said he was smart because he paid no tax....what a man!

[TheDemonLord]

So tax avoidance is OK?

Depends.

Legally? Absolutely.
Morally? Well, that's a bit more interesting.

There's the obvious answer of "Wah! Rich people getting away with not paying tax, Tax the Evil Rich people" - which although there is an element of merit in, I am not persuaded by that argument. Firstly because I don't think anyone is entitled to the fruits of others labour, but more importantly it never works in practice. See what happened in Venezuala for example - when the Government say they are going to Tax the Rich, the Rich just take their money elsewhere and the Government ends up taxing the Middle Class and doesn't have the investment needed to fund growth in the economy (see below)

I can't remember who it was or what the exact quote is - but my personal view is akin to:

"It is the Individuals responsibility to ensure they pay the smallest amount of Tax, legally" - that is to say, as a bulwark against government encroachments on both your rights and your property, it is your obligation to ensure they do not take more than they are 'entitled' to. This is closest to what I feel is my personal view on this.

But there is another facet of this conversation - the Super Wealthy often don't pay tax... Because they don't earn income. Do you think all the Silicon Valley Execs when there was the $1 a year annual salary were doing it purely out of the goodness of their hearts? Of course not! That may be a factor for some, but the economics of a $1 PA Salary are almost entirely rooted in Tax Law.

The Super Wealthy have their money invested in stocks/shares/etc. and so their net-wealth increases, but they don't 'earn' any income. So they don't pay tax, they cover their living expenses by loans financed at rates that you and I can only dream of. And as we all know, a Loan isn't income.

Then at some point, they may liquidate some of their assets to cash - they then pay a tax on that transaction - Elon Musk and his 'biggest Tax bill in US history' is a prominent example.

however, on the flipside - we have to account for what that money that is invested is doing - and the answer is money that is invested wisely (that is, increases Money Velocity) results in higher overall tax revenue, as each transaction that it undergoes is taxed.

If you invest $1 in a company, when that company spends that Dollar, it's Taxed. When the company that received that Dollar spends it, it's Taxed and so-on and so-forth.

Is that better for the country than having that same Dollar sit in an offshore bank account?

Edit:

And let us not forget - in the US at least, although the Republicans are for low State and Federal Taxation, they regularly (according to multiple sources) donate significantly more to Charity. Which is inline with the US ethos - you are free to make decisions about your Money, it's not for the Government to decide which issues you should care about, but for you.

Trump said he was smart because he paid no tax....what man!

See, I don't begrudge him this. There's plenty of people - including Democrats, who act in the exact same manner. They might not be so brazen or up-front about it, but they do the same thing. Are you as equally upset at them as you are at Trump?

Or is it because Trump said it that you are upset?

[pritch]

There's plenty of people - including Democrats, who act in the exact same manner. They might not be so brazen or up-front about it, but they do the same thing.

Not at all. Trump (allegedly) evaded tax by criminal means, consistently and continually for many decades. Which is why he's facing court actions for the same.

Hopefully in the near future we can drop the "allegedly".

For the record, I disagree with almost everything else in your recent posts but that's not surprising.

[TheDemonLord]

Not at all. Trump (allegedly) evaded tax by criminal means, consistently and continually for many decades. Which is why he's facing court actions for the same.

Hopefully in the near future we can drop the "allegedly".

Until then, that 'Allegedly' is doing a rather large amount of heavy lifting.

And something tells me that all the corrupt democrat prosecutors who are the ones maliciously going after Trump, they might find themselves subject to the same standards they so gleefully set for Trump.

For the record, I disagree with almost everything else in your recent posts but that's not surprising.

Indeed - but here we are, again.

[1/32 man]

Or is it because Trump said it that you are upset?

See, that statement puts your credibility in doubt, TDL.

Who said I was upset?

Trump triggers my "blowarse" radar and if you dont see it then you dont see it.

[TheDemonLord]

See, that statement puts your credibility in doubt, TDL.

Who said I was upset?

Trump triggers my "blowarse" radar and if you dont see it then you dont see it.

I had a mental bet that my usage of the word 'upset' would cause this type of response - which is partly why I chose it

But upset, irritated, Irked, 'Triggered', concerned - whichever you feel is closest - my point remains the same.

[sugilite:Me]

And something tells me that all the corrupt democrat prosecutors who are the ones maliciously going after Trump, they might find themselves subject to the same standards they so gleefully set for Trump.

Ahhh, singing from your favourite song sheet again.
I well remember your delight at Trumps announcement of the Durham probe. Those dastardly dems will surely be caught red handed in the russian hoax investigation as you called it.
So after several years, he has secured just one low level conviction - oh dear....

"Alexandria, Virginia(CNN)Igor Danchenko, the primary source for the infamous Trump-Russia dossier, was acquitted Tuesday of four counts of lying to the FBI in an embarrassing defeat for special counsel John Durham.

Durham has taken two cases to trial, and both have ended in acquittals. After more than three years looking for misconduct in the FBI's Trump-Russia probe, Durham has only secured one conviction: the guilty plea of a low-level FBI lawyer, who got probation."

https://www.cnn.com/2022/10/18/polit...ial/index.html

[TheDemonLord]

Ahhh, singing from your favourite song sheet again.

Well... Just hold on there Bud.

It's not my Favourite Songsheet... It's Letitia James' Song sheet:



This is 4 years ago, so before Jan 6th, before Covid.

I mean, we've got Election denial (only a problem if you are a republican I guess...) "This Illegitimate President"

And then she outright says it - she's gonna join forces with other (Democrat) AGs across the country to remove this President from office. Which in the current context is no great extrapolation to suggest she might be vindictively trying to prosecute him for anything and everything to try and block him from running again.

I don't know how you can say I'm singing from my favourite song sheet when all I'm doing is essentially repeating what they (the partisan Democrat hacks) have outright told us.

I well remember your delight at Trumps announcement of the Durham probe. Those dastardly dems will surely be caught red handed in the russian hoax investigation as you called it.
So after several years, he has secured just one low level conviction - oh dear....

"Alexandria, Virginia(CNN)Igor Danchenko, the primary source for the infamous Trump-Russia dossier, was acquitted Tuesday of four counts of lying to the FBI in an embarrassing defeat for special counsel John Durham.

Durham has taken two cases to trial, and both have ended in acquittals. After more than three years looking for misconduct in the FBI's Trump-Russia probe, Durham has only secured one conviction: the guilty plea of a low-level FBI lawyer, who got probation."

https://www.cnn.com/2022/10/18/polit...ial/index.html

From the same CNN article:

The verdict means jurors weren’t persuaded by Durham’s allegations that Danchenko lied to the FBI about his contacts with a Belarusian-American businessman who was a possible source for the dossier. The largely discredited dossier was a collection of unverified and salacious allegations compiled by retired British spy Christopher Steele, whose dirt-digging was indirectly funded by Hillary Clinton’s campaign in 2016.

That admission, from CNN (of all places), is more of a win than a conviction.

I mean sure, Convictions would be nice - but given the company that was kept and the strings attached, such a conviction was unlikely.

[1/32 man]

So lets take a voting poll here....before I go off triggered and upset.

Would you vote for Trump?

It's a nope from me.

[TheDemonLord]

So lets take a voting poll here....before I go off triggered and upset.

Would you vote for Trump?

It's a nope from me.

Obviously.

And a resounding 'absolutely' from me.