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Will Trump make FOE Great Again 2

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DeletedUser13838

If Trump ran FoE the casino event will be a lot different.
 

DeletedUser13838

Well he claims he lost a billion on an old tax return. I don't pretend to know the nature of this loss but whatever the cause it's a doozy. :)
 

DeletedUser28503

Konrad the mediocre said:
Well he claims he lost a billion on an old tax return. I don't pretend to know the nature of this loss but whatever the cause it's a doozy. :)
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Trump change. He got it back with interest. Like I said even we he lost he came out ahead.
 

DeletedUser13838

How else do you think he was able to avoid paying taxes for nearly 20 years? One one hand it was a good idea for him to carry forward his losses like any other business does. On the other hand it's not a good idea to lose money that will take nearly 20 years to repay.
 

DeletedUser28503

Konrad the mediocre said:
How else do you think he was able to avoid paying taxes for nearly 20 years? One one hand it was a good idea for him to carry forward his losses like any other business does. On the other hand it's not a good idea to lose money that will take nearly 20 years to repay.
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Again how do you know? Or are you making assumptions based on what has been posted on main stream media. So I think your argument has no merit as it is not based on factual verifiable information.

JC
 

DeletedUser13838

I never saw his tax returns but his campaign manager never denied that Trump didn't pay taxes and called him a genius for not doing so. I watched the interview on Meet The Press but if you need a cite there's this.

https://www.theatlantic.com/politics/archive/2016/10/trump-no-income-tax-spin/502643/

I have no issue with him legally minimizing his taxes in the spirit of Judge Learned Hand, though you seem aghast at the notion. Why is that?

Meanwhile I'm waiting for you to provide evidence for the following statements.

jc821 said:
If Trump ran FOE the game wouldn't be broken.
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jc821 said:
Depends what you call failing. If you mean that he didn't make money I would say no. He seems to know how to make money even in failure.
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DeletedUser25273

US Corporate tax law is crazy. There are enough ways to shift expenses and deductions around that taxable income is not well related to real income. My guess is that Trump is very good at working things so that HE gets the deductions for things other people paid for.

My guess is that if things were changed so that the 'Headline' profit statement for the company had to align with the tax filings, a lot of practices would change very quickly.
 

DeletedUser13838

nomad richie said:
US Corporate tax law is crazy. There are enough ways to shift expenses and deductions around that taxable income is not well related to real income. My guess is that Trump is very good at working things so that HE gets the deductions for things other people paid for.

My guess is that if things were changed so that the 'Headline' profit statement for the company had to align with the tax filings, a lot of practices would change very quickly.
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Your going to have to explain how that would work. I'm sure trump has a very good accountant but it's a lot harder to generate taxable losses than than to defer taxable income.
 

DeletedUser25273

You aren't really creating loses, but transferring them. Make a partnership, one set of partners provide the money, another the 'Brains', they then use the money to buy assets, and then distribute the profits and costs (like depreciation and credits) to the partners. The Brains can get a larger share of the credit for the costs, making the income they earn hidden by the costs. (and the patsies that provided the money pay a higher tax bill as the get less credit for the expenses). By adjusting the credited value of the 'Brains' put into the deal (which is a intangible value) you can shift tax burden incredibly. Things like this allow you to continue to make tax free money even as your businesses go broke, and lots of other people lose their shirts.
 

DeletedUser13838

To my knowledge what you're describing went out with the tax reform acts from the 80s.
 

DeletedUser6892

No I don't think Trump has enough geek-cred to be a FoE player. But if a future president advertised that he/ she was a FoE player that'd earn my notice. I'd check out their cities in any world I'm in and then determine if they played with logic and reason. I couldn't vote for a candidate that had a high level colosseum and no defensive or offensive military GBs. That's just not a good omen. It didn't work for Rome afterall....
 

DeletedUser

If Trump ran FoE...

We would have tech support that has never used a computer before...

We would have developers that don't know what code is...

When we win a prize, he would say he wasn't satisfied with our performance and refuse to give it to us...

Every time there's a problem, he would blame the gaming media for fake news...

We would all have to learn Russian...

He would show up frequently in the Forum to tell us how he won the game from Inno in a "shrewd business deal"...

He would show up frequently in the Forum telling us of great new features he was planning, which we would never see...

Etcetera...

Etcetera...

Etcetera...
 
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