#BYEDON 2020 - The End Better Fucking Be Near

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danielravennest

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He's now reduced to demanding things that are never going to happen. For one thing, the prize board includes one staff member each from the NYT and WP, and the president of that most liberal institution, Columbia University. What an impotent fool.

(Columbia's School of Journalism administers the prize, which is why they are represented)
 
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Innula Zenovka

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Innula Zenovka

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Fake news! Radical Communist Democrat propaganda from failing Forbes, which nobody reads!


[On being elected President,] Trump decided to hang onto his assets. At the time, they were worth an estimated $3.5 billion, after subtracting debt. If he had instead chosen to sell off everything off, there is a chance that he would have had to pay significant capital-gains taxes. Trump acquired his five most-valuable holdings long ago, so he likely has huge untaxed gains locked in each of them. If he paid the maximum possible capital gains tax—23.8% to the federal government, plus 8.8% to the New York State authorities on every penny he owned—that would have shaved about $1.1 billion off his fortune, leaving him with $2.4 billion on the first day of his presidency. But what would have appeared to be a huge sacrifice at first could have turned into a lucrative realignment. By plowing that $2.4 billion in an index fund tracking the S&P 500, for example, Trump’s fortune would have ballooned to $4.5 billion by now, leaving him 80% richer than he is today. His refusal to divest, in other words, cost him $2 billion.
 
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Romana

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Fake news! Radical Communist Democrat propaganda from failing Forbes, which nobody reads!




He probably shouldn't have been on it before, at least some of those years. He was inflating his apparent worth for a long time (not just financially, obvs). They should make it retroactive.

It works be nice if it turned out to be "hauled in" literally. That might be the only way they can do it, anyway.
 

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Although it would be interesting to see how the hotel lost money. Trump has a pattern of shifting money so that his businesses lose but his family skims off a significant amount. If there are big payments to other Trump Organization entities that is a sign they are taking a cut.
 
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Not super-surprising; hasn't Trump managed to bankrupt like several casinos?
 

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  • Former President Donald Trump held a campaign-style rally in Des Moines, Iowa, on Saturday.
  • He gave the clearest signal yet that he intends to run in 2024, teasing a new political slogan.
  • Trump told his supporters that the slogan would be "Make America Great Again, Again."

So...MAGA,A. Original. And apparently an attempt to make sure they can sell all that swag they have stored (just paint a ",A" at the end).
 

danielravennest

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Trump may be ineligible to run, due to the insurrection clause in the 14th Amendment, and this law:

18 U.S. Code § 2383 - Rebellion or insurrection
Whoever incites, sets on foot, assists, or engages in any rebellion or insurrection against the authority of the United States or the laws thereof, or gives aid or comfort thereto, shall be fined under this title or imprisoned not more than ten years, or both; and shall be incapable of holding any office under the United States.
 
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