OldCoyote
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Joined: Dec 21, 2010 10:34:48 GMT -5
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Post by OldCoyote on Nov 21, 2017 7:59:16 GMT -5
As a side issue: Trump Family Business Is Way Smaller Than The President Has Touted
The Trump Organization’s Inflated revenue figures are “flagrantly untrue,” said a Crain’s reporter. Donald Trump has an inflated view of his assets. The president’s family business is worth about one-tenth of the value he has claimed, according to an analysis of the latest figures he has filed with the federal government. Some of the discrepancy is due to a downturn in business, but the rest is credited to an overheated imagination, according to Crain’s New York Business reporter Aaron Elstein, who examined the numbers. In 2016 the Trump Organization reported nearly $9.5 billion in sales. But recent public filings by the president indicate that the company’s actual revenue that year was only as much as $700 million, Crain’s said. Crain’s determined Trump has been reporting inflated revenue since at least 2010. After examining the latest figures Trump has filed, Crain’s this month bounced the Trump Organization from the No. 3 spot on its list of largest privately held New York City companies down to No. 40. “It was obviously very important to Donald to have his company on the top of the list ... but the numbers that he presented are just flagrantly untrue,” Elstein told NPR. Crain’s said the $9.5 billion in revenue looks “preposterous in light of federal filings made by the president in the past year.” Complete article here: Trump Family Business Is Way Smaller Than The President Has ToutedSo your suggesting our Donald told a "untruth".. So surprising and shocking... ... $700 million, isn't that the amount that the left said It cost for Trump to stay at Mar-A-Lago?
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thyme4change
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Post by thyme4change on Nov 21, 2017 9:00:26 GMT -5
So your suggesting our Donald told a "untruth".. So surprising and shocking... ... $700 million, isn't that the amount that the left said It cost for Trump to stay at Mar-A-Lago? Not all of that estimate is paid to the Trump organization.
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OldCoyote
Senior Associate
Joined: Dec 21, 2010 10:34:48 GMT -5
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Post by OldCoyote on Nov 21, 2017 9:55:08 GMT -5
$700 million, isn't that the amount that the left said It cost for Trump to stay at Mar-A-Lago? Not all of that estimate is paid to the Trump organization. I thought that was for 1 day.
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Tennesseer
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Joined: Dec 20, 2010 21:58:42 GMT -5
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Post by Tennesseer on Nov 21, 2017 9:57:55 GMT -5
Not all of that estimate is paid to the Trump organization. I thought that was for 1 day. As usual, you thought wrong.
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OldCoyote
Senior Associate
Joined: Dec 21, 2010 10:34:48 GMT -5
Posts: 13,449
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Post by OldCoyote on Nov 21, 2017 10:14:35 GMT -5
One minute here we have Trump making way to much money,,, The next he is going broke ,So which is it?? Now that he is not making any money, why would he need that huge tax break for the rich,,,, Just wondering?? Since Trump only does things for himself!
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dezii
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Post by dezii on Nov 21, 2017 10:23:46 GMT -5
I thought that was for 1 day. As usual, you thought wrong. I thought the figure I saw was something along the cost to travel and back about $3.1 million per...plus SS agents over nights...the resort does not cut them any slack there...believe they purchased some trailers...plus cost of coast guard patrols on the water fronting the resort...plus extra security costs of the town resort is in..Palm Beach..Fl. www.theguardian.com/us-news/2017/feb/11/palm-beach-businesses-cost-trump-mar-a-lagoBelieve his talking heads claim these are working things, however..am sure all these travels to where ever..Camp David where ever the Potus is working...just in sport shirts rather then suits What ever...especially since this was a talking point regarding Obamas costs..golf, travels during the Donald's campaigning...now no mention is made of that...seems he will possible hit the total Obama costs for these travels [eight years] in two years of the Trump travels...
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