DawgTalkers.net Forums DawgTalk Palus Politicus Where is Biden getting his money?

He's saying things they want to believe. It's what they're "feeling" that matters, not facts or they would have dumped him a long time ago.

God bless you Sheldon and Miriam Adelson, Warren Stephens, Bernie Marcus, and Diane Hendricks...your contributions are very much appreciated to help defeat the socialists.

There in lies the problem.. If he says it, they believe it. He could shoot someone on 5th avenue and wouldn't lose a vote type mentality..

You do know why it's successful? Because it changes the course of the discussion. Nobody is talking about Trump and his kids ripped off their own charity and were forced to shutter it.

Nobody is talking about Trump University.

Nobody is understanding that Biden showed 22 years of his tax returns nobody has found anything in them to discuss. If Biden had taken the dollars he is being accused of, there would be Forensic evidence in those returns that would lead to conclusions. What do we hear about,,, NOTHING.

Like I said, same playbook they ran on Clinton.

VOTE.. Thats the only way to end this.

One Trumpster starts the thread accusing it's only the left being funded by big money.

Since the question originally was "where is Biden getting his money" I thought it was at least relative to discuss his net worth. Also, because Trump made a big LIE out of how much property the Bidens own..

This might clear some of that up...

https://www.marieclaire.com/politics/a34205042/joe-biden-net-worth/

The topic is about presidential candidates taking dark money. That's not a "whatabout", that's the topic.

I didn't think you would be one of those who would be butt hurt by showing it was a two way street.

The post was to point the finger at Biden for where his money came from and trying to represent it was only Biden

Joe gets his money from his son.

Oh that deserves a challenge.. Prove it

Give it time.

Where is Biden getting his money?

Give it time.

Give it time.

I find that actually hard to believe given the number of properties he owns that have to be worth several Billion at least. Most real estate investments are financed about 2/3rds from loans.

Take this REIT for example:
https://www.marketwatch.com/investing/stock/amt/financials/balance-sheet
43B in assets
paid for with
31B in debt and $14.5B investment funds
That's a pretty typical ratio for these type of things.
So $421M is pretty small given the number of properties that Trump has ownership in

I made a decision not to include very crazy accusation and crazy thing Trump has thrown out there. There are only so many hours in a day.

I made a decision not to include every crazy accusation and crazy thing Trump has thrown out there. There are only so many hours in a day.

Why doesn't he want to show tax returns?

Well that's easy. It can only go bad for him if he does.

Why doesn't he want to show tax returns?

Well that's easy. It can only go bad for him if he does.

I am not going to respond to you each individually, but I disagree with most everything that all of you have said.

Firstly, I am not defending Trump. I don't care one way or another about his taxes but I understand the reasons for not wanting to share that information in the world of politics. Most politicians disclose their tax returns in order to create the illusion among the clueless public that they are being transparent. In Trumps case, this illusion works against him because he probably does not pay what he should in taxes, which makes him look evil, even if it is all 100% legal. Additionally the complexity of his taxes gives people with an agenda to cherry pick minor line items out of the tax forms and create a narrative and misinterpretation of the numbers that they see.

We have already seen many news articles criticizing his leaked tax documents based on a complete misunderstanding of the information in the tax documents or what the information implies. So I understand why a political campaign would want to make sure that their opposition does not have that information. It's not about whether he is doing anything wrong, it's about whether his opponent can create the perception that he is doing something wrong.

The idea that you can judge honesty, integrity, or legality from a tax return is just stupid and this should be obvious to anyone who has ever filled out tax forms. Have you guys ever paid tax? You're making me wonder.

Tax Returns do not show tax fraud. You need an audit to confirm the source data used to produce the tax documents. If I claim that my business made $100M in 2020, how is anyone going to know if that is the truth? Maybe I made $150M and hid $50M from the government. An audit is the only way to attempt to confirm that information.

Tax documents don't show the complete balance sheet of a company and they don't show how cash is flowing into and out of the company, so they are not going to tell you how leveraged someone is, they are not going to tell you if their is unaccounted for money, and they don't tell you if someone is compromised.

Obviously, if someone is doing something illegal oversees, they are not going to list it on their tax forms!

Clem - As far as being a public servant; I have been a public servant. I do not owe anyone the opportunity to see my personal financial information.

mgh888 - yes, the U.S. public is embarrassingly clueless and ignorant in all areas of financial literacy.

Again, I don't care if Trump does or does not share his tax documents because if he was doing something illegal, he wouldn't include the information in the documents anyway. It's not the demonstration of transparency that everyone makes it out to be.