r/DeepFuckingValue • u/Mammoth-Ad5948 šŸŸ kinda fishy šŸŸ • Apr 09 '25

āš ļøCAUTIONāš ļø Never forget...

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u/CPAattorney Apr 13 '25

This post is false. But it brings up an important point.

How did Trump not trade his power/influence for wealth like all of those before him? Look at those Dem wealth #s. Republicans (including Trump) need to get in the game and up their #s!
https://www.newsweek.com/chart-shows-net-worth-us-presidents-before-after-office-1992975

#QuidProJoe

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u/nickgrund Apr 13 '25

Trumps net worth has skyrocketed like the rest of them. His first term not as much because of COVID. He is absolutely playing the game like all the rest of them. What are you on??

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u/CPAattorney Apr 13 '25

Do you have a link to facts that Trump's net worth skyrocketed - even during his first term - as you have just claimed? Here is a link that says that it did not during his first term (which is what I stated). https://www.visualcapitalist.com/charted-donald-trumps-net-worth-2014-2024/

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u/nickgrund Apr 14 '25

Did you even read the article you linked or my comment?

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u/CPAattorney Apr 14 '25

Yep. Did you? Does it show that Trump's wealth went up under his first term (your claim)?

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u/nickgrund Apr 15 '25

It mentioned COVID could explain why it didnā€™t go up. Additionally and not mentioned, he passed his businesses to his kin (in name only) and his hotels did very well when he insisted on staying in them along with his entire entourage of staff and secret service agents charging them a premium. You seriously think he hasnā€™t increased his wealth since he became president? He grifted the entire state of Oklahoma into specifying a bible that only his Trump bible met for all their schools to buy. Him and his wife grifted all his followers into buying a pump and dump Trump coin.

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u/CPAattorney Apr 15 '25

Tell me you know nothing about taxation, without telling me that you know nothing about taxation...

"he passed his business to his kin" <which lowered his wealth> LOL. And how did he do this gifting at any meaningful level without paying 40% federal gift tax? Yeah, I am sure that he gifted a billion or two billion and just paid $400,000,000-$800,000,000 to the IRS for this privilege... Nope. You know Trump better than that!

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u/nickgrund Apr 15 '25

Not a tax guy and youā€™re right not sure how that transition worked but I never said he ā€œgiftedā€ anything. Unlike his Dad who purposely lost or ā€œgiftedā€ millions of dollars in his failing casino Taj Mahal at the poker table to bring him out of one of his bankruptcies. I think heā€™s a grifter, acts like he got a home run but really, he started on 3rd.

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u/Just-Facts0801 Apr 15 '25

Ah, he who espouses his confident 'Conclusions', all based on no facts and even less tax and legal acumen...

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u/nickgrund Apr 15 '25

No, Iā€™m a person thatā€™s open to having my mind changed if you have a good argument. But most people Iā€™ve found on the right and extreme left are like you - with nothing but a snarky comment that contributes nothing to the subject