(May 9, 2019 at 4:24 pm)BrianSoddingBoru4 Wrote:(May 9, 2019 at 3:51 pm)Lek Wrote: So Trump lost billions in the 80s and 90s and then came back and restored his fortune the same as many other businessmen. What's the big deal? He's the president now and we have the hottest economy in almost 50 years. Sounds like he really has it together financially. If you want to discredit him stick to attacking his policies and the results of his policies. Democrats aren't winning on that, so they're reaching for straws.
But Trump is claiming he didn't lose billions in the 80s and 90s. And we don't know if he's 'restored his fortune'. We have only his word that he's restored it, and his word is about as useful as a fart in a spacesuit.
Boru
He didn't loose meaning gone. as the government is crediting him the money back via taxes.
People like that have a different view of life and business. it doesn't make them a liar it makes you ignorant.otherwise if you saw life as he did you would also be a billionaire.
Your lot in life does not define nor does it mandate every other living being must agree to your world view. If we only saw what you see we would all have the same things be bad at the same thing and have the same job. Your world view places you in your station of life. like wise your command of the language and your world view demand you seek out others who think like you do...
Any of them billionaires? why? because they think like you think.they see bankruptcy as a loss only. Men like trump see it as a way of washing debt and earning 40% more because taxes will be lifted.
That 40% credit is the same as making money because even though you made the money it is not really yours as you are an agency of the state and the state owns that 40% unless you have been given a tax break, which trump did get when he showed such a loss.
So to him long term he has made his money back several times over by not owning personal income tax.