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Author Topic: Bear Pit: now the sole domicile of politics at LuLa  (Read 466506 times)

Robert Roaldi

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #300 on: November 06, 2020, 09:05:42 pm »

Anybody remember Steve Bannon? The last time we saw him, he was being arrested on a yacht in the North Atlantic and ferried into NYC for arraignment on charges of defrauding investors in a scheme to build some sections of wall on private property down near the border. So he made five million dollar bail, and largely disappeared from view, except for a cameo in the Hunter Biden laptop saga. Well, yesterday or the day before yesterday he got on Twitter and tweeted that Dr. Fauci and others should be beheaded. So now his lawyers in the criminal case say they would just as soon Bannon get new lawyers, which is saying something because a billable hour is a billable hour and lawyers, like most everyone, like to make money, particularly after a slow year like 2020.

https://www.cnbc.com/2020/11/06/steve-bannon-lawyers-seek-to-withdraw-after-fauci-beheading-comment.html

I get political differences, they are normal. But what did Fauci do to anyone to deserve beheading? Over the top doesn't begin to cover it. How can it that terrible a thing to disagree with Trump? People disagree with sitting Presidents all the time, don't they, why is Trump sacred to so many people, makes no sense to me. This is all cult-like behaviour though, isn't it, irrational, impervious to facts, violence (virtual at least) towards "outsiders", glorifying a leader figure, etc.

I tried watching the Errol Morris interview with Bannon a few months ago, American Dharma, but I didn't make it to the end. Bannon just isn't interesting enough. Good interview about the film here btw, https://www.vox.com/culture/2019/11/5/20943437/errol-morris-interview-steve-bannon-american-dharma.
« Last Edit: November 06, 2020, 09:10:22 pm by Robert Roaldi »
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Craig Lamson

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #301 on: November 06, 2020, 09:07:02 pm »

I did read it; the facts you have ignored again: Trump paid $750 in taxes in 2017 just as I started.

Oh, from the NYT piece,

Prepayment of 5 million in taxes by Trump..

Here’s a screencap from the actual NYT report:



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digitaldog

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #302 on: November 06, 2020, 09:12:01 pm »

https://www.businessinsider.com/personal-finance/how-tax-code-allowed-president-trump-taxes-2020-9
President Donald Trump paid only $750 in federal income tax in 2016 and the same amount in 2017. The report goes on to say he paid no federal income tax at all in 10 of the previous 15 years.

How is that possible? How could a man worth more than $2 billion (according to some sources) pay so little in taxes for so many years?

Well, one answer is to lose money. A lot of money.

He is good at doing that indeed!
He paid what I said he paid! I never said it was illegal. He is a weezel.
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Craig Lamson

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #303 on: November 06, 2020, 09:13:01 pm »

Lost again:
But the result was a total federal income tax liability of $750.
It is rude to silence a fool, and cruelty to let him go on.

No, he paid his 7million tax liability...from the AMT, with a tax credit which is his money but can only be used to pay a TAX DEBT.  Which he paid. 

Yes, you are looking really foolish and by no means do I want to stop you from continuing. 
« Last Edit: November 06, 2020, 09:26:10 pm by Craig Lamson »
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Craig Lamson

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #304 on: November 06, 2020, 09:17:21 pm »

https://www.businessinsider.com/personal-finance/how-tax-code-allowed-president-trump-taxes-2020-9
President Donald Trump paid only $750 in federal income tax in 2016 and the same amount in 2017. The report goes on to say he paid no federal income tax at all in 10 of the previous 15 years.

How is that possible? How could a man worth more than $2 billion (according to some sources) pay so little in taxes for so many years?

Well, one answer is to lose money. A lot of money.

He is good at doing that indeed!
He paid what I said he paid! I never said it was illegal. He is a weezel.

No, he paid 7 plus million, as Alternative Minimum Tax which cannot be reduced by business losses.  He paid his tax, all except for $750 with his General  Business Credit.  He paid over 7 million in taxes.

Quit digging Andrew, you have nothing left to stand on. 
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Frans Waterlander

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #305 on: November 06, 2020, 09:52:18 pm »

https://www.businessinsider.com/personal-finance/how-tax-code-allowed-president-trump-taxes-2020-9
President Donald Trump paid only $750 in federal income tax in 2016 and the same amount in 2017. The report goes on to say he paid no federal income tax at all in 10 of the previous 15 years.

How is that possible? How could a man worth more than $2 billion (according to some sources) pay so little in taxes for so many years?

Well, one answer is to lose money. A lot of money.

He is good at doing that indeed!
He paid what I said he paid! I never said it was illegal. He is a weezel.
A weezel? Quote from the linked article: "...the tax code that's working as intended". Using the tax code as intended makes you a weasel? Explain that, if you will. Oh, never mind: severe case of TDS!
« Last Edit: November 06, 2020, 09:57:27 pm by Frans Waterlander »
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John Camp

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #306 on: November 06, 2020, 09:59:12 pm »

A weezel? Quote from the linked article: "...the tax code that's working as intended". Using the tax code as intended makes you a weasel? Explain that, if you will. Oh, never mind: severe case of TDS!

A ferret with emphysema. Which is a pretty good description of Trump, IMHO.
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faberryman

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #307 on: November 06, 2020, 09:59:30 pm »

No, he paid 7 plus million, as Alternative Minimum Tax which cannot be reduced by business losses.  He paid his tax, all except for $750 with his General  Business Credit.  He paid over 7 million in taxes.

I haven’t really been following Trump’s taxes, but remember that he and the IRS have been fighting over some big credit he claimed 10-15 years ago. Is the credit he took in 2016 a carry-over credit from the credit in dispute?
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digitaldog

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #308 on: November 06, 2020, 10:02:41 pm »

A weezel?
Try the ”google machine” Frans.
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Craig Lamson

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #309 on: November 06, 2020, 10:33:17 pm »

I haven’t really been following Trump’s taxes, but remember that he and the IRS have been fighting over some big credit he claimed 10-15 years ago. Is the credit he took in 2016 a carry-over credit from the credit in dispute?

No I don’t believe so.

But for Andrews edification...

Let’s say you  work your taxes and find your bottom line tax due is $5000.  This is after all your business and personal deductions.

You have a estimated tax payment credit of $4250.

Your $5000 tax due is now reduced to $750 by applying your credit

$750 is listed as your underpayment

Your bottom line tax due is $750


So did you only pay $750 in taxes for that year or did you actually pay $5000?

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digitaldog

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #310 on: November 06, 2020, 10:34:52 pm »

A weezel? Quote from the linked article: "...the tax code that's working as intended". Using the tax code as intended makes you a weasel? Explain that, if you will. Oh, never mind: severe case of TDS!
Wouldn't your ”valuable” time be more constructively spent on a new hobby; perhaps photography?  ;D Still waiting on seeing an image you made, (sorry, too much to ask), how about a photograph you've taken. This is still a web site/forums dedicated to photography. Noise of any kind, from a lack of sensor heat IS acceptable.
Goota go, the next president of the United States is about to speak. Get snapping.
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digitaldog

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #311 on: November 06, 2020, 11:16:44 pm »

When it rains, it pours; Trumps chief of staff Mark (I don't need no stinkin mask) Meadows has Coronavirus.
Who is writing the Trump show? Cliffhanger ending.
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faberryman

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #312 on: November 07, 2020, 10:15:42 am »

Now, RNC needs more money for new legal fights.

I read about this yesterday. Apparently, 50-60% of each dollar donated to the legal fund is being used to pay down campaign debt. The Trump campaign must has really burned through that billion dollars. Let's say Biden spent an equal amount. That's two billion dollars. Somebody is getting rich.

Speaking of rich, Brad Parscale, Trump's former campaign manager, who you may remember was taken into custody one night a couple of weeks ago, for being drunk, waving a gun around, and depending on who you believe, threatening suicide, threatening his wife, or pretending he was at a Jimmy Buffett concert*, appeared in court trying to prevent his psychiatric records being released to the prosecution who wanted to review them in an action to take his eleven guns away for a year. Only the best people.

* This is not a joke. This is how his lawyer characterized his behavior on the night in question at the hearing.
« Last Edit: November 07, 2020, 11:57:45 am by faberryman »
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faberryman

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #313 on: November 07, 2020, 10:23:11 am »

No, he paid 7 plus million, as Alternative Minimum Tax which cannot be reduced by business losses.  He paid his tax, all except for $750 with his General  Business Credit.  He paid over 7 million in taxes.

Let's say he paid seven million in taxes and that was the legal amount he owed. Is seven million a fair tax for his income? I don't find fault for taking all legal deductions and credits, but it seems like maybe a few revisions to the tax code would be in order.
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digitaldog

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #314 on: November 07, 2020, 11:32:15 am »

The ”fat lady” has sung; Trumps soon to be unemployed.
New Attorney General of the USA? Hillary could lock him up IF the ”Trump show” ends well.  ;D
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Jim Pascoe

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #315 on: November 07, 2020, 11:57:15 am »

Biden to be the next President of the USA!!

It's now reported on the BBC so it must be true.  I've not been on the forum for a few weeks so missed out on all the locked threads etc.  The world can now breathe a collective sigh of relief that the US has a president that can at last be taken seriously again, and take it's place once more as a nation to be respected.

Yesterday Trump was reported as being very unhappy that he was not getting more moral support from Republican leaders.  Well they'll quite rightly now desert him like rats from a sinking ship.  It's the 50% of the US electorate who voted for him that I feel sorry for.  A good number of them will have been lured by Trump's ridiculous lies and empty promises. 

We went for a lovely 27 mile cycle through the New Forest today.  It was mild for November (15 C) and the autumn trees looked beautiful.  Arriving home to hear the US election news has ended the day on a really high note.  I feel I can sleep more soundly now, and that' in spite of our own Covid and Brexit problems.

Best wishes to you all in the US - Democrats and Republicans.

Jim

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stamper

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #316 on: November 07, 2020, 12:01:50 pm »

The world is now a safer place.

digitaldog

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #317 on: November 07, 2020, 12:08:33 pm »

The world is now a safer place.
Hold on. Trump can do massive amount of damage until January. I predict he will:
Those who cannot learn from history are doomed to repeat it.
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KLaban

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #318 on: November 07, 2020, 12:39:14 pm »

Here in the UK The BBC, The Telegraph, The Gaurdian and The Times all project Biden as the next President of the USA.

Congratulations America!

MattBurt

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Re: Bear Pit: now the sole domicile of politics at LuLa
« Reply #319 on: November 07, 2020, 12:43:16 pm »

Whew, what a relief.
His message of unity is inspiring. He has a long uphill battle ahead but I'm really happy to see the tone changing already.
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