What’s it going to take for these people to face consequences of their actions?
I imagine if this sort of shit was widespread, it would distort the fuck out of the property markets, over time, and be a major contributor to inflation in both housing and rental markets. Worse: when that bubble pops, it would be very ugly.
Wow! I didn’t know you could just do that. Let that be a warning for the next time you see someone claiming to have quadrupled a companies assets on their resume.
Ok, pay state and local taxes on your new found wealth
Make him choose between prison for fraud and prison for tax evasion.
I wonder if that zillow error was actually a “sale” to Eric after all.
How can McConney be a witness for both the prosecution and the defense?
Maybe deregulation is not the way to go. Maybe deregulation only consistently benefits the sleaze. Maybe an every once in a while benefit to the general population is not enough.
Why is this trial supposed to take like 100 days. It seems like they already proved their case.
How is this not criminal?
That’s the one that eats paste, right? Eric, “I Eat Paste”, Trump?
Trump Math:
undervalue for taxation purposes
overvalue for collateral purposes
solution: Trump Math should be criminalized, although it likely is, already.
Now hold the perpetrators accountable
What an incredibly talented businessman. /s
It’s super easy to fix this with a wealth tax. When there’s a wealth tax, you incentivize accurate values by allowing the government to buy the property for the claimed value. In this case, the government could purchase Eric’s property for 25% of the value and sell it for 100%.
This is why following Generally Accepted Accounting Principles is necessary.
I’ve been considering calling my bank and letting them know my balance is actually 4x what they have on record, it’s better for my economy
Who is shocked that the entire family is corrupt?
Quite a feat really. Eric Trump is undermining Donald Trump more than Donald Trump.
Apple doesn’t fall far from the tree… already rotten
“Shit, we need this place to be worth like 4 times as much… hey accounting guy, just change the number.”
The shit-apple doesn’t fall far from the shit-tree.
Weird headline. It made it seem that Eric Trump quadrupled in value. And here I am thinking you can’t put a value on a human.
Inflating value?
Nope, just moving shit out of dad’s name to bypass legal consequences.
Lol trump about to throw his kids under the bus at this rate.
“Eric? I don’t know him. We don’t work together that often annnnnd I heard he’s not good at his job, but he is my son. But I’d fire him like a dog if he wasn’t but I don’t know him”
What pisses me off about this kind of scheme that the former POTUS perpetrated, is that the rest of us get to hear ad nauseam about the US debt load and deficit spending when it occurs. So much bitching about where cuts need to be made and effing over future generations when wealthy folks (often times people who have never worked a day in their lives for a salary in line with their skills) literally are legally allowed to not put into the kitty. And clearly even when it’s illegal, the powers that be refuse to hold them accountable. OK, if we’re going to let the wealthy and famous rip the country off, let’s stop complaining about the problems. JC, the people doing all the stealing are the people with all the power to fix the problems and refuse to do so. And then they want the rest of use to ante up to fix it. It is insanity.
Honestly, It’d be fucking funny if Eric was like; “Holy shit dad remembered my name and left all these properties to me. All I have to do is figure out the tax bill, I can’t believe dad remembered my name! The auditor just came back and… the tax bill will be 400% higher and it’s the 10th month of this year? Surely I can raise the rent on the units to recoup the loss. Rent control you say? Locked in contracts with fixed rates? uhhhh Daaaaad?”
So he pays more tax then?
I hate his stupid face.
Pretty sure Eric doesn’t even know what quadrupling is
“I’m Eric!!!’
If my property value quadrupled, it would still be zero lol
We were looking for a home in 2005 and decided we would just use one income to simplify the process AND to ensure we could afford it. I was approved for $750k+ loan, which was way, way out of our league. Bought a house for about half of that amount.
shocker
Lovely sneer in that photo.
Because Donald Trump’s family had been and will always be a family of grifters and con artists. This is as much of a crime family as the Corleones were
His father’s nickname for Eric is “the other one.”
35 comments
What’s it going to take for these people to face consequences of their actions?
I imagine if this sort of shit was widespread, it would distort the fuck out of the property markets, over time, and be a major contributor to inflation in both housing and rental markets. Worse: when that bubble pops, it would be very ugly.
Wow! I didn’t know you could just do that. Let that be a warning for the next time you see someone claiming to have quadrupled a companies assets on their resume.
Ok, pay state and local taxes on your new found wealth
Make him choose between prison for fraud and prison for tax evasion.
I wonder if that zillow error was actually a “sale” to Eric after all.
How can McConney be a witness for both the prosecution and the defense?
Maybe deregulation is not the way to go. Maybe deregulation only consistently benefits the sleaze. Maybe an every once in a while benefit to the general population is not enough.
Why is this trial supposed to take like 100 days. It seems like they already proved their case.
How is this not criminal?
That’s the one that eats paste, right? Eric, “I Eat Paste”, Trump?
Trump Math:
undervalue for taxation purposes
overvalue for collateral purposes
solution: Trump Math should be criminalized, although it likely is, already.
Now hold the perpetrators accountable
What an incredibly talented businessman. /s
It’s super easy to fix this with a wealth tax. When there’s a wealth tax, you incentivize accurate values by allowing the government to buy the property for the claimed value. In this case, the government could purchase Eric’s property for 25% of the value and sell it for 100%.
This is why following Generally Accepted Accounting Principles is necessary.
I’ve been considering calling my bank and letting them know my balance is actually 4x what they have on record, it’s better for my economy
Who is shocked that the entire family is corrupt?
Quite a feat really. Eric Trump is undermining Donald Trump more than Donald Trump.
Apple doesn’t fall far from the tree… already rotten
“Shit, we need this place to be worth like 4 times as much… hey accounting guy, just change the number.”
The shit-apple doesn’t fall far from the shit-tree.
Weird headline. It made it seem that Eric Trump quadrupled in value. And here I am thinking you can’t put a value on a human.
Inflating value?
Nope, just moving shit out of dad’s name to bypass legal consequences.
Lol trump about to throw his kids under the bus at this rate.
“Eric? I don’t know him. We don’t work together that often annnnnd I heard he’s not good at his job, but he is my son. But I’d fire him like a dog if he wasn’t but I don’t know him”
What pisses me off about this kind of scheme that the former POTUS perpetrated, is that the rest of us get to hear ad nauseam about the US debt load and deficit spending when it occurs. So much bitching about where cuts need to be made and effing over future generations when wealthy folks (often times people who have never worked a day in their lives for a salary in line with their skills) literally are legally allowed to not put into the kitty. And clearly even when it’s illegal, the powers that be refuse to hold them accountable. OK, if we’re going to let the wealthy and famous rip the country off, let’s stop complaining about the problems. JC, the people doing all the stealing are the people with all the power to fix the problems and refuse to do so. And then they want the rest of use to ante up to fix it. It is insanity.
Honestly, It’d be fucking funny if Eric was like; “Holy shit dad remembered my name and left all these properties to me. All I have to do is figure out the tax bill, I can’t believe dad remembered my name! The auditor just came back and… the tax bill will be 400% higher and it’s the 10th month of this year? Surely I can raise the rent on the units to recoup the loss. Rent control you say? Locked in contracts with fixed rates? uhhhh Daaaaad?”
So he pays more tax then?
I hate his stupid face.
Pretty sure Eric doesn’t even know what quadrupling is
“I’m Eric!!!’
If my property value quadrupled, it would still be zero lol
We were looking for a home in 2005 and decided we would just use one income to simplify the process AND to ensure we could afford it. I was approved for $750k+ loan, which was way, way out of our league. Bought a house for about half of that amount.
shocker
Lovely sneer in that photo.
Because Donald Trump’s family had been and will always be a family of grifters and con artists. This is as much of a crime family as the Corleones were
His father’s nickname for Eric is “the other one.”