Stop saying Donald Trump is “broke.” Does a broke guy have a private 757? Trump isn’t broke, he’s a rich guy with a high income who doesn’t pay nearly as much income tax as he should.https://nymag.com/intelligencer/2020/09/donald-trumps-taxes-show-hes-not-broke-just-tax-avoidant.html …
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If you see a tax document that says Donald Trump has no net income, you should take it seriously, but not literally.https://nymag.com/intelligencer/2020/09/donald-trumps-taxes-show-hes-not-broke-just-tax-avoidant.html …
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If you call Trump broke, he'll deny it, and most people won't believe you, bc look at him, he's rich. His best ratings in polls have to do with business/economy. But say he pays little tax on his high income, he won't deny it, and his refusal to release taxes will support you.
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I think
@mattyglesias has the right question for people who look at the Trump tax information and conclude he's broke because his golf courses lost so much money: If he's really lost $162 million running Doral, why hasn't he sold it or closed it?https://nymag.com/intelligencer/2020/09/donald-trumps-taxes-show-hes-not-broke-just-tax-avoidant.html …62 replies 48 retweets 285 likesShow this thread -
I guess you could say "because he's such a vain idiot." But that's a lot of vain idiocy, even for Trump. Seems likelier to me that he hasn't really lost $162 million running Doral.
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Talk to an accountant. Trump can be broke and still look rich by juggling debt. His net worth is likely negative, thus...broke.
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