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On CNN, Bloomberg's O'Brien Portrays Trump as Prostitute, and National Security Threat
NewsBusters ^ | Mark Finkelstein

Posted on 09/28/2020 8:10:14 AM PDT by governsleastgovernsbest

"I have always depended on the kindness of strangers." -- Blanche DuBois, A Streetcar Named Desire

That was the iconic line in the famous play (and movie) by Tennessee Williams, by which poor Blanche effectively admitted to having lived a life of prostitution. So when Tim O'Brien used that same line about Donald Trump, you know he was doing it with malice aforethought, and with the unmistakable goal of making the same insinuation against the president.

Get the rest of the story and view the video here.

(Excerpt) Read more at newsbusters.org ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: cnn; presidenttrump; timobrien; trumptaxreturns

1 posted on 09/28/2020 8:10:14 AM PDT by governsleastgovernsbest
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To: governsleastgovernsbest

Trumps taxes show he made a lot of money and paid a lot of taxes (Except for the tax break Obama created)

How is that a national security threat?


2 posted on 09/28/2020 8:11:37 AM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)
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To: miss marmelstein; patro; abb; SE Mom; HarleyLady27; connyankee; Behind Liberal Lines; ...

It’s like a competition in the liberal media to see who can come up with the vilest insult for President Trump. Calling him Hitler is getting kind of old, so let’s go for . . . prostitute!

Ping to Liberal Media Criticism list.


3 posted on 09/28/2020 8:12:01 AM PDT by governsleastgovernsbest (Reply or FReepmail me to be added to the Liberal Media Criticism list)
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To: governsleastgovernsbest

What’s CNN?


4 posted on 09/28/2020 8:12:34 AM PDT by blueunicorn6 ("A crack shot and a good dancer”)
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To: governsleastgovernsbest

Who cares?

At least the impeachment took a lot of effort, even though it failed miserably.

This tax stuff is a joke and so is this guy.

I am more confident than ever we will do great in November.

And we will get to see guys like this go insane for another 4 years.

Some will inevitably have heart attacks over Trump.

That’s the best part :)


5 posted on 09/28/2020 8:13:06 AM PDT by dp0622 (I DON'T KNOW WHAT TO DO ABO UT THE COVID GODFATHER, I DON'T KNOW WHAT TO DO. YOU CAN ACT LIKE A MAN!)
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To: governsleastgovernsbest

The national security threat was the British subject/Kenyan/Indonesian usurper who preceded him that BOTH parties violated the Constitution to allow to usurp the office that the Constitution says he may not hold.

He proved it with every action he took while in office to weaken America.


6 posted on 09/28/2020 8:23:31 AM PDT by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents|Know Islam, No Peace-No Islam, Know Peace)
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To: governsleastgovernsbest

The dems have run out of shock value terms to describe the President.


7 posted on 09/28/2020 8:47:06 AM PDT by Revolutionary ("Praise the Lord and Pass the Ammunition!")
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To: governsleastgovernsbest

Speaking of CNN, you should see their headline today...

Tax bombshell reveals Trump’s image is a sham

They’re gonna go full-bore on this one just like they did with Bob Woodward’s “expose”.

Whether there’s any substance to this story or not 9and I think not), it forces Trump to play defense and worse yet, the amount of truly undecided voters out there dwindles even more as they read the article and don’t take the time to understand it.


8 posted on 09/28/2020 9:02:40 AM PDT by MplsSteve
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To: MplsSteve

Tax story is a killer since everyone can relate to paying taxes. It doesn’t matter about the truth in it, just the charge of tax evasion or fraud that NYT implies in its headlines.


9 posted on 09/28/2020 9:05:52 AM PDT by damper99
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To: damper99

New York Times Fails at Outlining President Trump’s Taxes Again…

Posted on  by 

Once again the New York Times attempts to make an issue out of President Trump’s real estate holdings working as a tax shelter and reducing income taxes.

In the article the Times completely obfuscates the way income taxes are strategically offset by depreciation, mortgage interest and the entire reason why real estate ownership is viewed as a business.

John Carney writing for Breitbart gets it:

[…] So imagine our guy took out an $8 million mortgage at five percent, paying $2 million cash. Now he’s got to pay $400,000 in mortgage payments. He wants to make at least that much so he charges tenants an aggregate of $425,000, which after upkeep comes out to $410,000 of net income. (Remember, if the bank didn’t think he could make more in rent than the mortgage payment, it probably wouldn’t have lent him the money.) The interest payment on the loan–let’s call it $390,000–is deductible from his income, leaving him with $20,000 in net income. He gets to keep that and pay no taxes on it, however, because he still gets to apply the $370,000 depreciation charge. He tells the IRS he lost $350,000.

Under our tax code, ordinary business expenses can be deducted in the year they are incurred. But when a business pays for a long-lasting item expected to produce income–like machinery, vehicles, or an apartment building–it is considered a capital investment. Instead of getting to write-off the cost all at once, the business is required to write it off over the course of decades. After the 1986 tax code, this was set at 27.5 years for residential real estate. (more)

Anyone who has ever operated a business knows that offsetting income is one of the primary reasons to be self-employed.  Additionally, the Times completely skips over the tens-of-millions in payroll taxes paid by the Trump organization and tens-of-millions in property and sales taxes paid by all of the various Trump properties.

In the commercial real estate market it is common sense to offset income tax liabilities with a host of valid annual expenses, long-term capital depreciation and mortgage interest payments. With over 500 individual business entities within the Trump organization the ability to offset income in one asset with expenses in another is simply good accounting.

Additionally, President Trump donates his $400,000 government salary back to the U.S. government.  So to accuse President Trump of only paying $750 in income taxes totally ignores all of the other donations and tax payments he makes.

In practical terms no President before Trump has ever had his actual business portfolio so deeply connected to the success of the American economy.   It doesn’t cost the American taxpayer a dime to have President Trump in office…. Now let’s figure out how DC politicians making $200k/yr are able to become multi-millionaires while holding office.

Anyone?


10 posted on 09/28/2020 9:11:12 AM PDT by Bratch (If liberty means anything at all, it means the right to tell people what they do not want to hear.)
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To: governsleastgovernsbest

CNN happy Farm network


11 posted on 09/28/2020 9:40:50 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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CNN is ATT


12 posted on 09/28/2020 10:26:02 AM PDT by Gene Eric (Don't be a statist!)
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