• frongt@lemmy.zip
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      1 day ago

      Has he really though? He’s bankrupted Trump casino, Trump steaks, Trump University… I’d be shocked if he really had all that much money in the bank.

      • RememberTheApollo_@lemmy.world
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        8 hours ago

        Trump has made over a billion dollars his first year in office this term. It’s amazing how much money you can hoard when taxpayers give it to you, businesses pay you homage, business deals just fall into your lap, and you use the government lawyers and taxpayer money to defend yourself from suits.

      • CmdrShepard49@sh.itjust.works
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        1 day ago

        He just sued himself as president and then settled the case for a $230 million payout over the classified document investigation. He’s also suing himself again for $10 billion over his tax returns getting leaked.

          • Furbag@lemmy.world
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            8 hours ago

            Donald Trump, the private citizen, is suing the United States Government - of which he is currently the chief executive of. Since he has the authority to direct the justice department and court settlements are paid out of taxpayer income, he can direct the attorney general to “settle” with the plaintiff (himself) and have that settlement money get funneled directly into his private bank account.

            It’s a scam that, if it had been performed by any other president in the history of the nation, would have been a scandal that dwarfs Watergate and led to an immediate bipartisan effort to impeach and remove the president for blatant corruption.

            But since it’s Trump, this is just expected of him, I guess…

      • dogslayeggs@lemmy.world
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        1 day ago

        Those were all before he became POTUS. Everything he has done since then has been using every single bit of power he has to funnel money to his family and friends, which then goes back to him. You don’t think he’s getting a kickback on all those insider stock trades on oil futures that suspiciously happened right before going into Venezuela and also happened right before going into Iran?

        You are right that he probably doesn’t have that much money in the bank, because it is all distributed around to insiders who will give it back to him.

      • corsicanguppy@lemmy.ca
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        1 day ago
        1. Make a corp
        2. Pay yourself a LOT
        3. Bankrupt the corp

        You see how HE doesn’t lose, even when the corp dies?

    • Seaguy05@lemmy.world
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      1 day ago

      I bet this is more of a tax scheme to use that loss as a tax deduction because that family is a total turd pile.

      • Corvidae@lemmy.world
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        1 day ago

        “Tax scheme” explains why Nunes is moving to “Chairman of the President’s Intelligence Advisory Board”.

      • Dragomus@lemmy.world
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        1 day ago

        I’d say all of his bankruptcies were used as tax write offs …
        Also, it wouldn’t surprise me at all if this whole trump media thing was constructed from the start as an impending bankruptcy…

        • forrgott@lemmy.zip
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          1 day ago

          I can’t see it any other way. You’re talking about a jackass that would rather embezzle a casino into the ground than just enjoy guaranteed profits.

    • partial_accumen@lemmy.world
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      1 day ago

      I could see a future where the smoldering remains of truth social is bought up for pocket change in bankrupcty by The Onion, and gets rebranded as an online museum of trump’s lifetime of failures. The irony is that only in the end would the meaning of “truth” in its name actually be accurate.

    • bedwyr@piefed.ca
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      1 day ago

      That is unless the gangster King here trades a favor for some billionaire to keep it afloat.