#fuck donald trump
Enjoy today. Celebrate today. Take a breather today.
But do not let today become the start of complacency. Let today be what starts a fire for years to come to change the world into a better place.
Let’s dedicate all of the energy we used resisting Trump’s bigoted rhetoric and harmful policies to keeping Biden accountable for making decisions that move us forward.
1. The way he’s been able to continue functioning is a classic rich fuck tactic, in which if your business fails to the tune of, say, 15 million dollars, you can carry that loss forward across several years to avoid paying taxes. One massive loss can clear out your personal tax burden for several years, even as you bring in more money with new businesses and investments.
2. Trump is literally a national security risk. If he underwent the same background check other people need to pass to get clearance, he would have fucking flunked it. The NYT piece says there’s a mysterious foreign debt lender on Trump’s records, whom he owes half a billion dollars, and we don’t currently know who the fuck that is. But that debt is personally guaranteed to come due in the next few years, and he doesn’t have the money to even dent it. So, what does a man with no morals do when he owes a shitton of money and has no way to pay? Apparently he runs for president.
3. According to Dan Alexander at Forbes, the actual amount that Trump owes is spread across a lot of his properties and comes to around $1.1 billion overall. Same dude is trying to tally up how much income Trump’s properties bring in. So far, it doesn’t add up to that much.
4. Trump’s businesses are almost exclusively real estate, hospitality, and attractions. All of them were hit hard by COVID. This readily explains why he was so adamant about reopening the country as quickly as possible; his loan repayments depend on that income.
5. Also explains why he spends so much time away from the WH and at his own properties. When we talk about how much the taxpayer spends on Trump’s outings and golf trips, if that money is paid to the Trump Organization, it’s essentially an attempt to funnel money out of the US Govt and into his pockets to, again, prepare to pay off his massive debts.
6. He’s essentially using the IRS as a loan provider. That massive 72.9 million dollar tax return from the IRS that he’s being audited over, it’s essentially him taking out a ‘loan’ to try to pay down other prior debts.
7. Oh yeah and he stealthily wrote off a bunch of money in “consulting fees” that were paid to fucking Ivanka. Imagine using your own daughter to dodge taxes, jesus.
Basically, Trump has done the billionaire version of taking out a credit card to pay off other credit card debt, and the time is running out for him to make payments. His entire presidency is a money-making scheme of someone who is coming up on major deadlines on his loans and doesn’t have the money to pay.
There’s a lot of reading to do, but I personally suggest this thread from the Forbes guy, which outlines how much Trump is in debt for each of his properties, and then how much operating profit is allegedly coming in.
me, turning up to heaven’s requests department with my request forms all filled out: hi, i’d like to submit my request to the council of gods
woman at the front desk: alright, honey, just hand me your papers. (she reads them over) so…let me get this straight, your request is to have George Washington raised from the dead for the sole purpose of beating the absolute shit out of Donald Trump?
me, nodding: yep, that’s correct
the woman: i-i think i’m going to have to speak to my boss about this. i’ll be right back
me: take your time
the woman goes up the bureaucratic hierarchy until she gets to the council of gods themselves: excuse me your divine eminences, i have a request here that needs you to look over it
ares:hand it to me (she hands it to him) this is a request for raising George Washington from the dead for the sole purpose of beating the shit out of Donald Trump?
the woman: y-yes, sir, it is
ares, turning to face the rest of the gods (greek pantheon, christianity, paganism, muslim and all gods from other religions included, also buddha is there): am i the only one who thinks that this request is bullshit?
the woman, sweating but relieved:n-
she’s cut off by the rest of the gods: NO, IT’S NOT BULLSHIT! THIS SHOULD’VE BEEN DONE AGES AGO
ares, turning to face the woman again and handing her the piece of paper: get it done and have it televised
woman, returning to me in the requests department lobby: t-they’ve decided to grant your request.
me: that’s great! can we have it televised?