We’d know for sure if he’d release his returns like every single other candidate has (as far as I know).
I couldn’t care less if he used an NOL carryforward to pay zero taxes. I mean, it’s like the very very very last thing I care about.
What’s more relevant to me is the notion that he’s such an incredible businessman and that’s the main reason why we should vote for him; yet, his dealings in Atlantic City continue to look worse and worse.
That he very likely has a very low effective rate (Good for him. I don’t care about this) or that he’s made very little money due to the NOL carryforward. The later, as it relates to Atlantic City, calls into question his management skills. Not because NOLs are bad, but because, in this particular case, the NOL was due to management decision making not, for example, the purchase of a company with an NOL providing a tax benefit.
That’s my understanding of the Atlantic City Casino situation, but, please, correct me if I’m wrong.
You tie this to his business related lawsuits and a record of not paying his debts and, as far as I’m concerned, you’ve got to question his leadership abilities.
I think he is adequate. He is not Jack Welch.
But he is an entrepreneur, willing to try new things. The same old things don’t seem to be working.
The scary thing to me ties to your misgivings concerning his Atlantic City ventures - he is absolutely risk tolerant, particularly when he has a governmental backstop. Yep that is scary.
It’s semantics, but he’s more of an executive (CEO) than an entrepreneur, imo. They’re not really the same. He took over the management of a successful business and he hasn’t really started any new ones, to my knowledge. New product line, yes. New businesses, debatable. Anyway, that’s not really my point.
Clearly, the Casino’s in Atlantic City didn’t work out either.
My biggest issue is not that he’s risk tolerant (when it’s his money). It’s the notion that he’s such an incredible businessman (genius) that will negotiate the best deals. I don’t buy that and his dealings in Atlantic City are a prime example. Add to this the 3,500 or so lawsuits that he’s been a part of (many of which he has won or settled) and it leaves a lot more questions than answers, at least for me.
Trump’s business acumen is, imo, the only real reason a person should consider a vote for Trump. He has demonstrated he knows very little about every other topic. Now, even more so than ever, this has been called into question.
I don’t care if he paid taxes or he didn’t pay taxes. I don’t care if he used the code to his advantage or not. I’m fine with the code as it is. Business is complex and thus so is the code.
Fortune uses a company that track private operations and it says Trump operations have revenues approaching $10BB (~Fortune 300 size) spread over 500 companies, so I don’t understand your reasoning.
But that’s okay. You are analytical more than the average Joe and we just see it differently.
On a different track - I like Bill shooting down Obamacare which seemed to be birthed by Hillarycare,
Who is blaming Trump for the economy…? The economy was bad in 1994? Where do you get this stuff?
That doesn’t really mean anything to me. He could have expenses that are $10B.
At any rate, you’re right. It’s probably just how I view things. He’s started a lot of LLC’s and he put his name on a lot of things, but has he really created new business venture or does he simply like to keep this compartmentalized.