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re: Trump Paid off NYPD Officer Diller’s Mortgage for his Wife

Posted on 3/28/24 at 4:51 pm to
Posted by BBONDS25
Member since Mar 2008
48659 posts
Posted on 3/28/24 at 4:51 pm to
quote:

So... Trump didn't pay off her mortgage, Tunnels for Towers paid it off. -- Liberals, probably


Yep. Not realizing if Trump had paid it directly he would have incurred a 40 percent gift tax. By giving it to the charity he avoids that and gets the deduction. OM still B, though!

Even better when they start saying”Trump just did this for publicity and a tax cut!!”
This post was edited on 3/28/24 at 4:53 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167497 posts
Posted on 3/28/24 at 4:53 pm to
quote:

Not realizing if Trump had paid it directly he would have incurred a 40 percent gift tax. By giving it to the charity he avoids that and gets the deduction



They will charge him with a crime for this by next week
This post was edited on 3/28/24 at 4:54 pm
Posted by Bass Tiger
Member since Oct 2014
46326 posts
Posted on 3/28/24 at 4:58 pm to
quote:

quote:So... Trump didn't pay off her mortgage, Tunnels for Towers paid it off. -- Liberals, probably

Yep. Not realizing if Trump had paid it directly he would have incurred a 40 percent gift tax. By giving it to the charity he avoids that and gets the deduction. OM still B, though! Even better when


Trump's a failed businessman!!!

Signed,

Those afflicted with chronic TDS
Posted by POTUS2024
Member since Nov 2022
11422 posts
Posted on 3/28/24 at 6:22 pm to
quote:

if Trump had paid it directly he would have incurred a 40 percent gift tax.

yikes
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7541 posts
Posted on 3/29/24 at 7:20 am to
quote:

Not realizing if Trump had paid it directly he would have incurred a 40 percent gift tax. By giving it to the charity he avoids that and gets the deduction.


For the IRS sleuths out there, does the family get taxed on the donation as income like winning a prize or raffle more than 1,200 dollars.
Posted by La Place Mike
West Florida Republic
Member since Jan 2004
28839 posts
Posted on 3/29/24 at 12:21 pm to
quote:

Not realizing if Trump had paid it directly he would have incurred a 40 percent gift tax. By giving it to the charity he avoids that and gets the deduction. OM still B, though!


Trump cheats on his taxes! Progressives most definitely.
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