Trump approval rating near 50%. Can anyone explain that to me?

[DaaQ]

No one pays taxes if they have no income, why is that so hard to understand? No one pays taxes on money that's already been taxed, this is what makes savings possible. There is no dollar limit on those rules, there is no wealth cap.
I don't know how much debt Trump has, nor do I know the value of his assets, so I can't comment on his wealth or lack thereof.

Every single adult at the Trump events, including Trump, knows that there is a risk of contracting covid19 when gathering with others. They choose to ignore those risks, now they have the rona. They gambled and they lost. It's on them.

To take this a step further, you buy a car new, you pay taxes on it. you sell it, the buyer DOES not have to pay taxes on it because the initial taxes have been paid? C'mon man, where's the common sense?

 

[MtnMan]

Every single adult at the Trump events, including Trump, knows that there is a risk of contracting covid19 when gathering with others. They choose to ignore those risks, now they have the rona. They gambled and they lost. It's on them.

I don't think they do recognize they are susceptible to COVID, as the literally believe it is a hoax perpetuated by the democrats.

Likely the same mindset of people that believe the earth is 6,000 years old, and that Noah's ark is a factual historical event.

The stupid walk amongst us, we can only recognize that as a fact and try to limit the range of their influence.

 

[MtnMan]

To take this a step further, you buy a car new, you pay taxes on it. you sell it, the buyer DOES not have to pay taxes on it because the initial taxes have been paid? C'mon man, where's the common sense?

You buy a car in your state and pay taxes on it. Then several years later you move to my state and go to register it here and get a tag. Guess what you are going to pay HUT (Highway Use Tax) to do that, based on the value of the vehicle.

 

[Greenman]

Capital Gains ARE still INCOME; re read what you wrote.

So year one you made x amount in capital gains, you paid interest on that. Year 5 you've made 10x initial investment, so you are saying you don't pay taxes on the additional income because you ALREADY paid it year one?

edit spelling error.

Reading comprehension for the loss.

 

[DaaQ]

Reading comprehension for the loss.

So you posit, that the "self claimed" billionaire, only paid $750 in taxes, because you "only" pay taxes on "what you make"
Is this correct?

So self proclaimed billionaire who only takes $1 in pay from office of President, ONLY owed $750 in taxes? Remember this is for 2016 & 2017.

 

[HomerJS]

There is no enthusiasm for Biden, which is very easy to observe. In the end, when the "hair" wins again, don't be so shocked. In 47 years of Biden being in politics, what good bill has he ever authored?
As Burgess Owens said, "Joe Biden actually finds a running mate who's done more damage to minorities than himself..."
Burgess was actually fighting against segregation while Biden was fighting for it.
In the end, people are gonna be wondering why the fuck the nominee had to be Joe Biden.

Leo Terrell "Trump has done more for blacks in 3 years than Obama did in 8". "Part of drinking the Democratic Kool-Aid is buying the assumption that only Democrats do things for black people and minorities."
Terrell has been a life long democrat and civil rights attorney, who has recently switched his support to Trump.

We do know Republicans have taken away voting rights for blacks. With the Shelby case and all the voter suppression.

 

[Lanyap]

Because Trumps support base and ppl who believe in him are representative of the "bunch of idiots" on twitter. And they wont go away even if Trump loses. One of these days they may elect Alex Jones Tucker Carlson for prez.

FTFY.

 

[Greenman]

[

So you posit, that the "self claimed" billionaire, only paid $750 in taxes, because you "only" pay taxes on "what you make"
Is this correct?

So self proclaimed billionaire who only takes $1 in pay from office of President, ONLY owed $750 in taxes? Remember this is for 2016 & 2017.

I made no claim as to how much Trump paid in taxes, someone else claimed that.
Income tax is only paid on what you earn, minus deductions and losses which can completely offset what is owed. Property taxes are assessed by the state and are a different matter as they aren't based on income but on the property you own.
Again, I don't see why this is difficult to understand. Revenue minus expenses, deductible losses, and deprecation equal taxable income. While that's overly simplified, it's the basic outline for business taxes. A person can have several billion dollars and no tax liability at all.
Look at it this way, you've saved up a billion dollars and decide to become a day trader, but you're not very good at it. So the first half of the year you make ten million dollars and the second half of the year you lose ten million dollars. You still have your original billion, how much tax do you think you'd owe?

 

[alien42]

So the first half of the year you make ten million dollars and the second half of the year you lose ten million dollars. You still have your original billion, how much tax do you think you'd owe?

i had to take you off ignore for this, but i'm going to say $750.

 

[cytg111]

Trump is the McDonalds of presidents, he pays 0.001% tax in northern Ireland or some bullshit like that and you will NEVER convince a true believer like greenie that that is a problem... Trump is not the problem, the system is the problem, dont hate the player hate the game... and remember to give mega corps a trillion trillion dollar tax cut, remember Trump is not the problem, the system will is, that would never have happened if democrats had not put Trump in office, its all your fault and Trump is king.
Forget this fool and move on.

 

[nickqt]

Trump is the McDonalds of presidents, he pays 0.001% tax in northern Ireland or some bullshit like that and you will NEVER convince a true believer like greenie that that is a problem... Trump is not the problem, the system is the problem, dont hate the player hate the game... and remember to give mega corps a trillion trillion dollar tax cut, remember Trump is not the problem, the system will is, that would never have happened if democrats had not put Trump in office, its all your fault and Trump is king.
Forget this fool and move on.

If we don't give rich people all the money, they won't give the rest of us jobs.

 

[cytg111]

If we don't give rich people all the money, they won't give the rest of us jobs.

I think the problem is that you forgot to beg for those jobs... you have to beg....

 

[PlanetJosh]

Have the polls made proper adjustments to include enough people who don't answer the phone whether cell or land line? We've read that in 2016 the pollsters didn't sample enough lower educated people and those people don't tend to answer the phone as much as the more educated. And the less educated voted more for our current Repub president.

Then there's polling by email and internet polls but the latter I heard has problems identifying the types of respondents.

 

[ivwshane]

if trump’s approval rating is up it’s probably because of his new campaign messaging:

Low taxes, free health care, quick and easily accessible testing, along with contact tracing and notification, all while being locked down in a nice facility getting the latest medical advances in treatment for covid.



But only if you are the current president. Everyone else can fuck off.

#thegreatestwarrior

 

[sportage]

The polls back on 2016 were totally inaccurate, if this happens again in 2020 where Trump wins by a landslide, the days of polling will be forever over.

 

[Greenman]

i had to take you off ignore for this, but i'm going to say $750.

You're only off by about $750.
Should have kept me on ignore. We both would have been happier.

 

[Fanatical Meat]

So I posted a couple quotes that align with what I'm seeing, and I have plenty more, and the best you can do is launch into an ad hominem attack. Sounds like a great winning strategy in life...by all means, keep it up, foolio.

Hey that’s what the President does.

 

[ch33zw1z]

Hey that’s what the President does.

You mean more disingenuous concern? Say it ain't so

 

[Fanatical Meat]

[

I made no claim as to how much Trump paid in taxes, someone else claimed that.
Income tax is only paid on what you earn, minus deductions and losses which can completely offset what is owed. Property taxes are assessed by the state and are a different matter as they aren't based on income but on the property you own.
Again, I don't see why this is difficult to understand. Revenue minus expenses, deductible losses, and deprecation equal taxable income. While that's overly simplified, it's the basic outline for business taxes. A person can have several billion dollars and no tax liability at all.
Look at it this way, you've saved up a billion dollars and decide to become a day trader, but you're not very good at it. So the first half of the year you make ten million dollars and the second half of the year you lose ten million dollars. You still have your original billion, how much tax do you think you'd owe?

You would be an astonishingly bad businessman if you had billions to invest but the best you could achieve over a 20 year period is a break even. As in over 20 years of investing large amounts of money your profits & losses were equal.

 

[HomerJS]

Have the polls made proper adjustments to include enough people who don't answer the phone whether cell or land line? We've read that in 2016 the pollsters didn't sample enough lower educated people and those people don't tend to answer the phone as much as the more educated. And the less educated voted more for our current Repub president.

Then there's polling by email and internet polls but the latter I heard has problems identifying the types of respondents.

I'm basing the latest on 538 daily tracking which is a poll of polls

 

[Greenman]

You would be an astonishingly bad businessman if you had billions to invest but the best you could achieve over a 20 year period is a break even. As in over 20 years of investing large amounts of money your profits & losses were equal.

Yup. But that's not the question at hand. And it just occurred to me that the easy way to settle this astonishingly uninformed discussion was to simply ask what line on a 1040 one listed his net worth. I don't recall seeing it, but I've only filled out 45 of them. I don't recall listing the value of assets or bank balance on any federal tax form.

You're in real-estate, so here's a question for you. Can commercial real estate be deprecated over x number of years? If so, would that affect one's taxable income?

 

[HomerJS]

Yup. But that's not the question at hand. And it just occurred to me that the easy way to settle this astonishingly uninformed discussion was to simply ask what line on a 1040 one listed his net worth. I don't recall seeing it, but I've only filled out 45 of them. I don't recall listing the value of assets or bank balance on any federal tax form.

You're in real-estate, so here's a question for you. Can commercial real estate be deprecated over x number of years? If so, would that affect one's taxable income?

Why do you keep omitting Trump devaluing assets for taxes? At the same time overvaluing those same assets for loans. Think that had anything to do with it??

 

[Fanatical Meat]

Yup. But that's not the question at hand. And it just occurred to me that the easy way to settle this astonishingly uninformed discussion was to simply ask what line on a 1040 one listed his net worth. I don't recall seeing it, but I've only filled out 45 of them. I don't recall listing the value of assets or bank balance on any federal tax form.

You're in real-estate, so here's a question for you. Can commercial real estate be deprecated over x number of years? If so, would that affect one's taxable income?

I don’t do taxes part.
I sort of doubt it but I wouldn’t be surprised if a hotel has a built in depreciation number for its machinery but again I don’t work in the finance end.

My point is either the President is among the worst business people ever or he is gaming or cheating on his taxes. Likely a combination of all three.

 

[Greenman]

Have the polls made proper adjustments to include enough people who don't answer the phone whether cell or land line? We've read that in 2016 the pollsters didn't sample enough lower educated people and those people don't tend to answer the phone as much as the more educated. And the less educated voted more for our current Repub president.

Then there's polling by email and internet polls but the latter I heard has problems identifying the types of respondents.

That's an interesting question. My land line is bombarded with spam, if I don't know the caller is doesn't get answered.

 

[dank69]

...

Every single adult at the Trump events, including Trump, knows that there is a risk of contracting covid19 when gathering with others. They choose to ignore those risks, now they have the rona. They gambled and they lost. It's on them.

How about the secret service people that were ordered to ride along with him in his COVID mobile this weekend? After you finish answering you can tell us how patriotic you are because you support LE/soldiers/whatever SS is classified as.