Showing posts with label losses. Show all posts
Showing posts with label losses. Show all posts

Friday, April 24, 2026

‘F--k this coin’: Trump set to attend memecoin conference after 96 percent wipeout - POLITICO

Nobody likes it,” said Morten Christensen, a crypto investor who still plans to attend the Mar-a-Lago event and was at the 2025 dinner. “People are losing on the coin, and they are vocal. They are the people on Twitter like, ‘Fuck this coin’ or ‘It’s a scam.’ And they’re right, basically.”…

 https://www.politico.com/news/2026/04/23/crypto-traders-disenchanted-trump-memecoin-00888035


Saturday, September 21, 2024

Donald Trump’s finances are a mess. ‘Lucky Loser’ has the receipts - The Washington Post

The backbone of the book is the numbers. Because Buettner and Craig have such a trove of documents, they are able to prove the reality under the hype that is Donald Trump in incontrovertible detail. In the decade that ended in 1995, a decade in which Trump was supposedly a huge success, he recorded more than $1.1 billion in business losses on his tax returns, which the authors call a "failure of historical proportions." He used those losses to avoid paying taxes in subsequent years. The news in their book lies not in one specific detail, but rather in the sheer accumulation of damning facts.…


Friday, June 7, 2024

Secretive court system has awarded over $100bn public money to corporations, finds new analysis

The controversial arbitration system which allows corporations to sue governments for compensation over decisions they argue affect their profits is largely carried out behind closed doors, with some judgments kept secret. But, according to a global ISDS tracker which launches today, $114bn has so far been paid out of the public purse to investors – about as much as rich nations provided in climate aid in 2022...

Saturday, April 6, 2024

Trump Media stock drops 10% to a new low on its worst day yet

Trump Media disclosed in the SEC filing that it "lacks the financial resources it needs to sustain operations for a reasonable period of time," which it defined as one year from Monday, raising "substantial doubt" as to its ability to continue operations. The company said it expects to continue incurring operating losses and negative cash flow "for the foreseeable future."…

Saturday, December 31, 2022

Trump tax returns: Business racked up millions in losses

As an outsider candidate, part of Trump's appeal hinged on perceptions about his private sector acumen, earned through decades operating in New York's rough-and-tumble world of real estate. Friday's disclosures call into question his carefully-cultivated image as a savvy business magnate...


Friday, December 23, 2022

Five red flags in Trump's taxes - POLITICO

The Joint Committee on Taxation says in a report released this week by Democrats that there are multiple issues that the IRS should be examining...


Thursday, November 24, 2022

Donald Trump reported losses of nearly $1 billion over 2-year period, accountant says - ABC News

The staggering losses belie the reputation Trump has carefully tried to cultivate as a shrewd and successful businessman. That image helped carry him to the White House once, with Trump hoping it will again as he now embarks on a new run for president...
https://abcnews.go.com/US/donald-trump-reported-losses-1-billion-2-year/story


Sunday, October 10, 2021

Trump hid losses of $70m at DC hotel during his presidency, records reveal

…The committee also said Trump failed to reveal sufficient details of more than $3.7m received from foreign governments, "sufficient to cover over 7,400 nights at the Trump Hotel at the average daily rate" and potentially violating the emoluments clause of the US constitution, which is meant to stop federal officials profiting from their positions...


Monday, September 28, 2020

Trump’s Taxes Show Chronic Losses and Years of Income Tax Avoidance - The New York Times

The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.
https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html

Saturday, April 11, 2020

Democrats demand answers to how a tax break benefiting Trump and Kushner got into coronavirus bill

In addition to the extra gift to corporate America Republicans slipped into the massive coronavirus bill, allowing the Federal Reserve to keep its deliberations secret, there's also a big tax break to wealthy taxpayers that somehow got into the bill without Democrats knowing about it. Two Democrats, Rhode Island Sen. Sheldon Whitehouse and Texas Rep. Lloyd Doggett, are trying to get to the bottom of it.
https://www.dailykos.com/story/2020/4/10/1936183/-Democrats-demand-answers-to-how-a-tax-break-benefiting-Trump-and-Kushner-got-into-coronavirus-bill

Friday, May 17, 2019

NRA under investigation for raiding $206 million from charitable foundation for political use: report - Raw Story

On Tuesday, The New York Times revealed a new bombshell allegation against the National Rifle Association: since 2010, the group has reportedly transferred $206 million from its charitable foundation, to stave off increasingly serious financial losses...
https://www.rawstory.com/2019/05/nra-under-investigation-for-raiding-206-million-from-charitable-foundation-for-political-use-report/

Friday, May 10, 2019

Billion Dollar Loser: NYT Report on Trump’s Taxes & Massive Losses May Prompt Fraud Investigation

We look at a major exposé from The New York Times, which obtained tax information on Donald Trump that shows his businesses lost $1.17 billion from 1985 to 1994. While Trump continues to refuse to release his tax returns, printouts from his official IRS tax transcripts for a 10 year period ending in 1994 show that in multiple years during that stretch, Trump appears to have lost more money than nearly any other individual taxpayer in the country and paid no federal income taxes for eight of the 10 years. “Almost every two cents of every dollar reported as losses one year, by everyone in the United States, were recorded by Donald Trump,” notes our guest, Pulitzer Prize-winning journalist David Cay Johnston, an investigative reporter previously with the Times, now founder and editor of DC Report.org.. He has been reporting on Donald Trump since the 1980s and his new piece for the Daily Beast is headlined “Trump’s Tax Leak Hints at Potential Fraud Investigations.”....
Interview:
https://youtu.be/qnN7lnYinzU

Thursday, May 9, 2019

Donald Trump's emperor-has-no-clothes moment on his wealth is here - CNN Politics

President Donald Trump's entire persona is built on a singular idea: He's the brash, break-all-the-rules billionaire. Like him or hate him, you can't help but admire his massive wealth and the smarts that allowed him to accrue it.....
https://www.cnn.com/2019/05/08/politics/donald-trump-taxes-new-york-times/index.html

Fact-checking Trump's defense of his $1 billion in losses - CNN Politics

Responding to a report that he lost more than $1 billion from 1985 to 1994, Trump defended his losses, suggesting in a tweet that it was all part of a "tax shelter" strategy real estate developers commonly use to lower their taxable income.....
https://www.cnn.com/2019/05/08/politics/fact-checking-trumps-depreciation-loses/index.html







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