TexasTiger 12,835 Posted October 21, 2020 Share Posted October 21, 2020 Didn’t list this on his disclosures. Paid more taxes in China than here. If he loses, the veil finally gets lifted. https://www.nytimes.com/2020/10/20/us/trump-taxes-china.html#click=https://t.co/IDge18L3tF Link to comment Share on other sites More sharing options...
McLoofus 35,182 Posted October 21, 2020 Share Posted October 21, 2020 10 hours ago, TexasTiger said: Paid more taxes in China than here. I'm very curious to hear the spin. Fake news will obviously be the main response but I wonder what else comes up. Link to comment Share on other sites More sharing options...
SaltyTiger 7,793 Posted October 21, 2020 Share Posted October 21, 2020 16 hours ago, TexasTiger said: Didn’t list this on his disclosures. Paid more taxes in China than here. If he loses, the veil finally gets lifted. https://www.nytimes.com/2020/10/20/us/trump-taxes-china.html#click=https://t.co/IDge18L3tF Looks like a retaliatory article....Biden/China Senate Republicans produced a report asserting, among other things, that Mr. Biden’s son Hunter “opened a bank account” with a Chinese businessman, part of what it said were his numerous connections to “foreign nationals and foreign governments across the globe.” But Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state. https://www.forbes.com/sites/roberthart/2020/10/21/report-trump-paid-nearly-200000-in-taxes-to-china/#77c628172d92 KEY FACTS Tax records analyzed by the New York Times reveal a decade of unsuccessful business activity in China by the president, including an unreported bank account that paid $188,561 in taxes between 2013 and 2015. The account does not show up on Trump’s public financial disclosures as it is not a personal asset, but instead controlled by Trump International Hotels Management. A lawyer for the Trump Organization told the Times that the account was opened to pay taxes after opening an office in China to “explore the potential for hotel deals in Asia.” No deals, or other business activities, were ever made, the lawyer said. The records also show that Trump invested at least $192,000 to pursue business in China, including creating five companies specifically designed to pursue that goal. These companies have claimed at least $97,400 in business expenses since 2010, the Times said. Link to comment Share on other sites More sharing options...
TexasTiger 12,835 Posted October 21, 2020 Author Share Posted October 21, 2020 16 minutes ago, SaltyTiger said: Looks like a retaliatory article....Biden/China Senate Republicans produced a report asserting, among other things, that Mr. Biden’s son Hunter “opened a bank account” with a Chinese businessman, part of what it said were his numerous connections to “foreign nationals and foreign governments across the globe.” But Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state. https://www.forbes.com/sites/roberthart/2020/10/21/report-trump-paid-nearly-200000-in-taxes-to-china/#77c628172d92 KEY FACTS Tax records analyzed by the New York Times reveal a decade of unsuccessful business activity in China by the president, including an unreported bank account that paid $188,561 in taxes between 2013 and 2015. The account does not show up on Trump’s public financial disclosures as it is not a personal asset, but instead controlled by Trump International Hotels Management. A lawyer for the Trump Organization told the Times that the account was opened to pay taxes after opening an office in China to “explore the potential for hotel deals in Asia.” No deals, or other business activities, were ever made, the lawyer said. The records also show that Trump invested at least $192,000 to pursue business in China, including creating five companies specifically designed to pursue that goal. These companies have claimed at least $97,400 in business expenses since 2010, the Times said. Only Republicans can do international business. Got it. 🙄 Link to comment Share on other sites More sharing options...
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