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Rhiannon12866

(212,737 posts) Tue Apr 2, 2024, 07:55 PM Apr 2024

Trump gets bailed out by a billionaire fan, posts $175M bond in NY Civil Fraud case - Deadline - MSNBC

Melissa Murray, NYU Law Professor, and Michael Steele, former Chairman of the RNC, join Nicolle Wallace on Deadline: White House with reaction to Donald Trump making his bond payment in the NY Civil Fraud judgment thanks to the help of billionaire Don Hankey saving the ex-president from the immediate embarrassment from having some of his real estate assets seized if he was unable to make the payment. - Aired on 04/02/2024.

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Trump gets bailed out by a billionaire fan, posts $175M bond in NY Civil Fraud case - Deadline - MSNBC (Original Post) Rhiannon12866 Apr 2024 OP

So, does tRUMP have to pay income taxes on this so-called income that was used to cover his bond to stay SWBTATTReg Apr 2024 #1

And he's accumulating more interest every day - and he is being monitored closely. Rhiannon12866 Apr 2024 #2

Would have been better off tossing that cash into a bonfire. Crowman2009 Apr 2024 #3

SWBTATTReg

(22,831 posts)

1. So, does tRUMP have to pay income taxes on this so-called income that was used to cover his bond to stay

Reply to Rhiannon12866 (Original post)

Tue Apr 2, 2024, 07:58 PM

Apr 2024

out of jail and/or protect his and his alone, assets? Kind of sounds like it to me. If it's a loan, w/ loan payments, then the interest alone is a substantial amount, which I don't think they can burrow/hide. The IRS imputes a minimum amount of interest that is calculated on such loans that the taxpayer must pay on this so-called loan.

Rhiannon12866

(212,737 posts)

2. And he's accumulating more interest every day - and he is being monitored closely.

Reply to SWBTATTReg (Reply #1)

Tue Apr 2, 2024, 08:05 PM

Apr 2024

He's dug himself a pretty deep hole.

Crowman2009

(2,615 posts)

3. Would have been better off tossing that cash into a bonfire.

Reply to Rhiannon12866 (Original post)

Tue Apr 2, 2024, 09:15 PM

Apr 2024

Because in both cases, this dumb MAGA dipshit won't get his money back.

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