Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Shermann

(7,655 posts)

1. I guess he pays taxes after all!

Reply to Nevilledog (Original post)

Wed Nov 29, 2023, 06:17 PM

Nov 2023

The rich exploit many avenues to reduce their tax exposure but are often given too much credit (or blame) for avoiding taxes altogether. That's actually difficult to do if you really are generating big profits. Sure, you can engage in tax-loss harvesting one year or tax-loss carry forwarding the next, but the IRS will take a longer view and will eventually get their pound of flesh.

Death and taxes, that you can trust. Don't trust the MSM to provide a balanced view.

Edit history

Please sign in to view edit histories.

27 replies

= new reply since forum marked as read

Highlight:

Trump Caught Moving Money Around to Pay Massive Tax Bill [View all] Nevilledog Nov 2023 OP

I guess he pays taxes after all! Shermann Nov 2023 #1

Not with his own money, of course gratuitous Nov 2023 #2

I see lot's of $4.999MM transfers in the future. This is BS, make the overseer the automatic authorizer...... OAITW r.2.0 Nov 2023 #3

That's why he wanted her recused. Bmoboy Nov 2023 #4

Last week he wanted to call her as a witness in the fraud case. Nevilledog Nov 2023 #6

It was a thinly veiled threat Owens Nov 2023 #21

How so? Nevilledog Nov 2023 #24

Oops! PatSeg Nov 2023 #5

The last time I moved 40 million tavernier Nov 2023 #7

I've certainly never had a problem doing that. dchill Nov 2023 #8

Yep, they haven't caught me yet, either. Iggo Nov 2023 #25

Come on now moniss Nov 2023 #9

Weaselnuts...ground or whole bean? rubbersole Nov 2023 #12

Whole bean I_UndergroundPanther Nov 2023 #17

Laws and court rulings don't apply to tfg . Judge iluvtennis Nov 2023 #10

Pleeeeeze, make this SOB accountable for something substantive with repercussions. You and I would be Evolve Dammit Nov 2023 #11

Good effin grief malaise Nov 2023 #13

I'm surprised he's paying taxes at all Diraven Nov 2023 #14

He should have to notify them if he moved 5 bucks. AllyCat Nov 2023 #15

The judge should use the money to pay his back taxes first. flying_wahini Nov 2023 #16

Looks to me like the seperation between his buisness and himself are questionable. PurgedVoter Nov 2023 #18

Comer will be right on it. Old Crank Nov 2023 #19

So, what is the penalty? Old Crank Nov 2023 #20

He's no longer invisible and invulnerable. Becoming President was a two-edged sword. Martin68 Nov 2023 #22

I wonder who he will blame for this Sanity Claws Nov 2023 #23

The IRS, of course. Attilatheblond Nov 2023 #26

Give the Poor Guy a Break NowISeetheLight Nov 2023 #27