Posted on 03/05/2016 5:05:44 AM PST by IBD editorial writer
For a person who claims to be an incredible businessman, Donald Trump sometimes seems to have difficulty handling simple addition and subtraction.
(Excerpt) Read more at investors.com ...
I’m sure you don’t want to know anything except how great Trump is, but just in case, try this. Be sure to read the entire article that is linked, very indepth and detailed.
http://freerepublic.com/focus/f-news/3405391/posts
This fact is well known in the business world. If you want to be able to make money, you should not be able to do simple math. Do you think Warren Buffet knows his arithmetic? Hell no, he doesn’t, and that is why he makes money as well as he does.
This is misinformation designed to keep us down. Don’t fall for this.
I agree. Good businessmen go bankrupt, some more than once.
They went bankrupt because they were trying to do the math. When they quit doing the math they got rich.
Duh.
>> How do we know who the Heck is telling the truth if we tear down the conservative news sources such as Thomas Sowell? <<
Anybody who attempts to tear down Tom Sowell for his criticism of Trump is either a naive ignoramus or a person possessed of evil.
I would pay no attention to opinions of the former, and I hold the latter in the most supreme degree of contempt.
Tag line.
You appear misinformed. Mr. Trump has never declared bankruptcy. Several businesses he invested in or was involved with did. That's pretty common for people in the real estate development business.
Some businessmen are involved with many more bankruptcies in the companies they invest in. One example is Mitt Romney. One fifth of the businesses Bain Capital invested in went bankrupt. In his case some were caused by the high leverage Romney and Bain used to extract money from the companies.
See: Data from Romney at Bain: Big Gains, Some Busts in the Wall Street Journal
Were you opposed to Mr. Romney over his business acumen when he ran for President?
The bankruptcy topic has been talked to death. When it pops up again in some random thread there is nothing left but snark.
Try these.
http://www.freerepublic.com/focus/f-news/3396218/posts
http://www.freerepublic.com/focus/f-news/3390306/posts
http://www.freerepublic.com/focus/f-news/3357196/posts
http://www.freerepublic.com/focus/f-news/3339385/posts
http://www.freerepublic.com/focus/f-news/3337228/posts
Right for their friends at Goldman Sachs. Take a look at the real costs of Ted Cruz's tax plan for a small business. He routinely says its a 10% flat tax, but its not for a small business owner, or the self employed. For them its a 26% flat tax.
So under Sen. Cruz's plan the corporate executive earning $2.0 million per year pays 10% of his income, but the guy mowing lawns pays 26%.
I'm sure that will get lots of voters in the general election. After all, doesn't every plumber, carpenter, electrician, mechanic and other tradesman want to pay a higher tax rate than Fortune 500 corporate executives?
>> Was macht “grok”? <<
Google ist ihre Freund, auch wenn Sie Deutsch sprechen.
>> He often speaks in incomplete sentences and interrupted thoughts. Supporters then read their own ideas into his positions <<
Yes, and then on the next day, he will normally “walk back” any interpretations that might weaken support from his cult members — all the while generating headlines and news stories that will crowd out coverage of his rivals.
Danke, Boot:)
You either don't understand Cruz's plan, or choose to ignore it. The "plumber, carpenter, electrician, mechanic and other tradesman" that I know don't pay a "business" tax, they pay simple income taxes. With the deductions Cruz proposes, their taxes, even as a percentage of income, would be far less than the "corporate executives" you name. In addition, even businesses large enough to pay the business tax, the 25% rate would still be significantly less than the 35% (plus....) of today.
These people are evil. Trump never said he’d save hundreds of billions on Medicare, he said negotiating drugs. At a minimum that would allso include the VA including drugs for VA hospitals, Tricare, Medicaid, etc.
Incredible businessmen reorganize their finances multiple times before achieving stabillity.
Mr. Trump as CEO bears ultimate responsibility for the financials of the Trump Organization. He graduated from the prestigious Wharton School of finance so he’s most likely pretty good with numbers especially those in units of $$$$ and with lots of commas. I certainly don’t believe any candidates proposals with the information known about them score out to a balanced budget in my lifetime.
Love the image.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.