In Trump University book, tax avoidance strategies its namesake may love

I am really looking for the Trump supporters.

The NRA. We endorsed him today.

OK THE NRA has endorsed a amazing, cunning, baffling, powerful and tricky presidential candidate, these are the words he used.

Not one of the five million of us faults him for that.

Hillary has guaranteed this to be a single issue vote for anyone that values the second amendment.

Wait a minute Steven, are you really telling me that you don't care about Trumps ability to be amazing, cunning, baffling, powerful and tricky presidential candidate?

I do care Ron. That's why he has my vote.

That's why he has my vote because he is amazing, cunning, baffling, powerful and tricky presidential candidate, is this what you are telling me?

That's what I said.

There's a few other things I like about him too.

WOW!!! You also know that Trump went back on his words, that he would not cut social security too, you do know that, don't you?

What other thing you like about Trump?

When did he cut social security?

That man can't cut nothing, all he can do is talk. Last week he was talking about that he would not cut social Security. This week, in order for him to get republican recognition, he has put social Security on a table to be cut.

As you may already know the Republican Party never did like Social Security in the first place because it's a government program that's working.

It sounds to me like another pathetic attempt to find something bad about Trump. To answer your earlier question, another thing I like about Trump is he is efficient. He's spent less than a third of what Hillary has spent on her campaign.

Has Trump really had a Paul-Ryan-on-the-Road-to-Damascus moment and decided he wants to cut Social Security down to size? I don't know. His campaign seems worried about the story, considering that his typically taciturn spokeswoman, Hope Hicks, told the Journal it had not in fact heard what it obviously heard. “Sam Clovis did not remotely suggest anything having to do with cuts,” she said. “I read his statements as though we need to examine budgetary discipline to protect programs like Social Security and Medicare, which is exactly what Mr. Trump intends to do.”

http://www.slate.com/blogs/moneybox/2016/0...

Do you want Social Security cut? If so, why?

Social Security is a disaster. Good luck figuring out what should be done with it.

I did not ask you was Social Security was a disaster or not. I asked you this: "Do you want Social Security cut? If so, why?"

Ron, I'm not like you, I don't pretend to know what should be done with Social Security.

"This law, too, represents a cornerstone in a structure which is being built but is by no means complete. It is a structure intended to lessen the force of possible future depressions. It will act as a protection to future administrations against the necessity of going deeply into debt to furnish relief to the needy. The law will flatten out the peaks and valleys of deflation and of inflation. It is, in short, a law that will take care of human needs and at the same time provide the United States an economic structure of vastly greater soundness."

This law has failed to prevent the necessity of going deeply into debt.

The debt owed to federal entities accounts for more than 45% of the national debt, yet it is often dismissed or ignored. The excuses that people use to justify disregarding this portion of the national debt generally run along the lines of, "This is just money that the federal government owes to itself. It's only a bookkeeping device. It's as if you owed money to yourself." This line of reasoning ignores the fact that U.S. taxpayers have to pay for this debt. The federal law that governs the payment of the national debt draws no distinction between money owed to federal versus non-federal entities. Both must be paid with interest.[8]

A prime example of downplaying the debt owed to federal entities appears in a 207 page economic plan published by the Bush administration. Not until page 201 is there any mention of the full national debt. This plan states that Bush will retire "$2 trillion in debt over the next ten years."[9] The problem is that this figure only applies to the debt owed to non-federal entities.[10] What about the rest of the debt? Buried in a table on page 201, we find that the debt owed to federal entities increases by 3.8 trillion dollars, and the overall national debt increases by 1.5 trillion dollars.[11]

Worse than this, some people completely ignore the debt owed to federal entities, but have no problem with including it in the assets of the federal programs to which the money is owed. During the 2000 presidential race, the Gore-Liebermann campaign released a 192 page economic plan that contained over 150 uses of the word "debt." This plan does not mention or even acknowledge any of the debt owed to federal entities.[12] Yet, the plan states that the Social Security program will remain solvent until 2037.[13] Contrast this assertion with the fact that in 2015, the Social Security program is projected to start spending more money that it collects in taxes.[14] This is a 22 year discrepancy. How does Social Security stay solvent for 22 years while spending exceeds tax revenue? It collects on the money that it has loaned to the federal government; i.e. the debt owed to federal entities. If Gore and Liebermann want to dismiss the debt that the federal government owes to Social Security, to be consistent, they would also have to state that the program would become insolvent in 2015. But they don't do this. They pretend as if the federal government doesn't have to repay the money that it has borrowed from Social Security while simultaneously including this money in the assets of the Social Security program.

http://www.justfacts.com/news.impactSS.asp

Steven,

Thank You for this information about the National debt which is dipping into a now insolvent and I may add, working Social Security program that have 2 tillion dollars in it today. The Republican Party throughout SSA's history never did like the SSA program from the beginning and BUSH tried it's best two keep his hands on that program to gut that saving for the nations elderly as you so well documented in your last reply.

The point is, FDR was wrong that Social Security would not add to the debt.

It didn't start with Bush. Democrats have been just as guilty.

It happened under the BUSH abminstration which they took up The mantle from the Reagan administration And the libertarian party nave did approve of Helping the senior citizens and the poor.

What a shame...

Now let's get back to Donald TrumpAnd how he used a college to the defraud Hundreds or maybe even thousands OU students.

Bush took it up from Clinton, and Obama took it up from Bush. Big time.

It happened under the BUSH abminstration which they took up The mantle from the Reagan administration And the libertarian party nave did approve of Helping the senior citizens and the poor.

What a shame...

Now let's get back to Donald TrumpAnd how he used a college to the defraud Hundreds or maybe even thousands OU students into debt

In 1969, Johnson started combining the financial data of the Social Security program with the financial data of the federal government for the purpose of reporting the budget. Up until that time, when the federal government reported its budget, it treated Social Security consistent with the fact that its finances are separated by law from the rest of the federal government. In 1969, the federal government was running a deficit and the Social Security program was running a surplus. By adding the two together, Johnson was able to tell the American people that the federal budget had a surplus, while in reality, it had a deficit.

Here's what can done by Congress, congress could change the benefit formulas by a raises the payroll tax, or makes other changes such as raising the cap on taxable wage income (currently $118,500) which I favor, rase the income cap to 200,000 and people Will benefit from Social Security long into the future.

That may be fine for you Ron, raising the cap. At the end of my career I exceeded the cap. I won't see but a fraction though of what I paid in.

I see that you don't understand how the cap works and a subject for another blog.


As you know Trump weasel hundreds if not thousands of students out of an education and there money and also paid no taxes. Now you want to rally behind this cook, why?

I understand very well how the cap works Ron. I made a habit of looking at my pay stubs. But BOOM, Trump has passed Clinton in the real clear politics average of the polls. That was quick.

http://www.realclearpolitics.com/epolls/20...

I see that you are still running around and avoiding my question for you.

As you know Trump weasel hundreds if not thousands of students out of an education and there money and also paid no taxes. Now you want to rally behind this cook, why Steven?

Caveat emptor.

I have to polish off my Latin but are you saying buyers beware? If not, what do you mean by this statement of yours?

Buyer beware. This is one story I'm not going to waste my time researching. I'm following the lastest pathetic attempts by Hillary.

Hillary is not the topic of this blog Steven. I really can't blame you for not trying take up for the theft from hundreds, if not thousands of students that attended trump University, that was in your same corner, putting there trust and faith in Donald Trump for there education and trump did not follow through on none of his promises, and they got taken the cleaners. Is that telling it like it is "buyers beware."

Steven, now all you can say is, buyers beware. What kind of man are you? Is this the kind of man, you want sitting in the most powerful office in the world? WHY?

I told you why Ron. Because he wins, wins, wins.

I got it! You put your faith in him, he makes you a promise and don't come through on his word, he LIES to you, you lose, buyer beware and Thump wins, wins, wins. Now the little person whose put there faith in this man is the loser. I love the poorly educated because they won't see me coming.

All Hillary can do is yap, yap, yap. Well, and cackle.

Steven, why would you want this liar and you know that he has LIED and CON the people out of there educational savings and did not fulfill any of his promises as president? Do you think that Donald reflex's your best interest? If so, why?

Ron, isn't there a lawsuit or lawsuits in connection with this story? Or has it or have they been settled or judged?

The Court has not decided whether Trump University and Trump did anything wrong. There is no money available now, nor is there any guarantee that there will be.
http://www.trumpuniversitylitigation.com

On February 8, 2016, Plaintiff Tarla Makaeff filed with the court a Motion to withdraw as a class representative and named plaintiff. The matter is fully briefed and pending to be heard by the Court on March 11, 2016.
http://zhlaw.com/cases/trump-university/

Since the early 1980s, Trump personally has been sued at least 150 times in federal court, records show. Only a handful of those cases are pending, with the ones involving Trump University -- two in California and one in New York -- being the most significant.
http://www.cbsnews.com/news/campaign-2016-...

I see that you want to throw all these unrelated talking points around when I asked you three questions Steven: Steven, why would you want this liar and you know that he has LIED and CON the people out of there educational savings and did not fulfill any of his promises as president? Do you think that Donald reflex's your best interest? If so, why?

The lawsuit will be tried, after the election. Then we'll find out if anyone was defrauded. The other two questions, I've answered over and over.

I must have missed your answer, what was it again? "Do you think that Donald reflex's your best interest? If so, why? "

I don't think you missed my answer Ron, not at all.

What was it again?

Once more, Donald J. Trump reflex's my best interest. My Salvadoran grandson told his grandmother he heard Donald is a bad man. Do you really believe my best interest is not my grandson's best interest? Really Ron?

I have no clue!!!

Then let me give you a clue. My only interest is my children and grandchildren and their children and grandchildren. And it's looking more and more likely some of them will be Black. You never know with this generation though, they don't seem so inclined to overpopulate the world.

Well then trump and people like him will be insulting them too.

Ron, why the obsession with Trump? Did you hear Obama apologized to the Japanese?

"We're not bound by genetic code to repeat the mistakes of the past."

Steven, stay on the subject, this blog is not about Obama. I understand why you want to change the subject. (LOL)

let's get back to Trump University book, tax avoidance strategies.

You're talking about some damn book when the first President in U.S. history apologized for dropping the bomb and ending the war, and using it as a setting to attack another American Presidential candidate, on foreign soil. That's a bigger wow, and no laughing matter Ron.

Steven, start a blog on that subject OK!!!

A blog about history? I don't think it would work Ron.

We'll see.