New York Times Fails at Outlining President Trump’s Taxes Again…


Once again the New York Times attempts to make an issue out of President Trump’s real estate holdings working as a tax shelter and reducing income taxes.

In the article the Times completely obfuscates the way income taxes are strategically offset by depreciation, mortgage interest and the entire reason why real estate ownership is viewed as a business.

John Carney writing for Breitbart gets it:

[…] So imagine our guy took out an $8 million mortgage at five percent, paying $2 million cash. Now he’s got to pay $400,000 in mortgage payments. He wants to make at least that much so he charges tenants an aggregate of $425,000, which after upkeep comes out to $410,000 of net income. (Remember, if the bank didn’t think he could make more in rent than the mortgage payment, it probably wouldn’t have lent him the money.) The interest payment on the loan–let’s call it $390,000–is deductible from his income, leaving him with $20,000 in net income. He gets to keep that and pay no taxes on it, however, because he still gets to apply the $370,000 depreciation charge. He tells the IRS he lost $350,000.

Under our tax code, ordinary business expenses can be deducted in the year they are incurred. But when a business pays for a long-lasting item expected to produce income–like machinery, vehicles, or an apartment building–it is considered a capital investment. Instead of getting to write-off the cost all at once, the business is required to write it off over the course of decades. After the 1986 tax code, this was set at 27.5 years for residential real estate. (more)

Anyone who has ever operated a business knows that offsetting income is one of the primary reasons to be self-employed.  Additionally, the Times completely skips over the tens-of-millions in payroll taxes paid by the Trump organization and tens-of-millions in property and sales taxes paid by all of the various Trump properties.

In the commercial real estate market it is common sense to offset income tax liabilities with a host of valid annual expenses, long-term capital depreciation and mortgage interest payments. With over 500 individual business entities within the Trump organization the ability to offset income in one asset with expenses in another is simply good accounting.

Additionally, President Trump donates his $400,000 government salary back to the U.S. government.  So to accuse President Trump of only paying $750 in income taxes totally ignores all of the other donations and tax payments he makes.

In practical terms no President before Trump has ever had his actual business portfolio so deeply connected to the success of the American economy.   It doesn’t cost the American taxpayer a dime to have President Trump in office…. Now let’s figure out how DC politicians making $200k/yr are able to become multi-millionaires while holding office.

Anyone?

Senator Ron Johnson Eviscerates FBI Director Chris Wray – With Documents to Support…


Chairman of the Homeland Security Committee, Senator Ron Johnson, is fired up in this interview with Maria Bartiromo.  Senator Johnson starts by outlining the documents and evidence of Hunter Biden corrupt activity the media refuse to cover…… and then Johnson goes full wolverine on FBI Director Christopher Wray for concealing evidence.

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A few notes. While Johnson’s frustration is righteous, his committee staff did not appear to have a grasp on the majority of evidence that existed prior to mid-2020. That said, we all know FBI Director Wray is part of the ‘resistance’; that’s the reason why AG Barr had to fire FBI legal counsel Dana Boente when Chris Wray refused to do so.

Secondly, something to contemplate -specifically for those who understand how DC information is selectively controlled- there is no better person to deliver the ‘spygate’ gut punch than Maria Bartiromo. Question those “sources” and we might just locate some sketchy narrative engineers presenting themselves as ‘friends’ of the truth.

 

Senate Judiciary Chairman Lindsey Graham Announces Dates and Timeline for SCOTUS Confirmation…


Senate Judiciary Chairman Lindsey Graham appears on Sunday Morning Futures to discuss the latest DC events surrounding senate investigations and the confirmation process for Supreme Court nominee Judge Amy Coney Barrett.  Senate Judiciary hearings begin October 12th, committee nomination likely October 22nd to Mitch McConnell.

As an outcome of his own can-kicking and ‘over-promise/under-deliver’ disappointments Senator Graham has diminished support from the republican base in South Carolina.  As a direct result, Graham uses this appearance to request money for his own reelection effort.

 

Stop your vote being stolen: Vote in person not by mail


Voting in person will prevent your vote being possibly stolen by a mail ballot falsely cast in your name and ensure the integrity and reliability of the election results

David Singer image

Re-Posted by The Conservative Tree House By  —— Bio and ArchivesSeptember 26, 2020

Stop your vote being stolen: Vote in person not by mail

As America continues to sink into an abyss of chaos, arson and looting—the last thing it needs are further protests across America or legal actions by teams representing either Republicans or Democrats challenging the election results on November 3, 2020.

The best way to stop these disasters happening is by voting in person—not by mail.

It is therefore disturbing to see the Washington Post giving the following advice to its readers in a panel headed Election 2020: What to know”

Find out the rules in your state. Some states have already started sending out mail ballots; see how to make sure yours countsAbsentee and mail ballots are two terms for the same thing, mostly used interchangeably. Barring a landslide, we may not have a result in the presidential election on Nov. 3.”

This panel is prominently positioned below a Washington Post article dated August 17th headlined: “State officials rush to shore up confidence in Nov. 3 election as voters express new fears about mail voting”.

The article itself contains the following statements:

  • “Absentee voting has become so common that in 34 states and the District, any voter can ask for an absentee ballot, even if the voter is physically able to vote in person on Election Day, a practice called “no-excuse absentee voting.”
  • As the use of absentee voting evolved, election officials began referring to the practice with other terms, such as “advanced ballots,” “mailed ballots,” “vote-by-mail ballots” and “mail ballots,” according to the National Conference of State Legislatures (NCSL).
  • Some states prefer to call it “mail-in voting” rather than “absentee voting,” because voters will be mailed a ballot regardless of whether they are in town or “absent” from their polling precinct on Election Day.
  • Why are there so many terms? It’s a result of a decentralized election administration system in the United States, in which each state sets its own rules on how to conduct elections, experts say. And each state’s rules and regulations around absentee voting vary.
The advice is grossly misleading and is popping up all over the internet:

 “Absentee voting”: Requiring the voter to expressly request ballot papers be posted to him—is very different from “mail–in voting” : The unsolicited mail out of ballot papers addressed to individual voters where they may no longer live or maybe deceased—easily capable of being harvested and illegally completed.

Voter fraud can also occur in the case of absentee voting.

Judicial Watch President Tom Fitton’s Testimony before the United States House of Representatives Judiciary Committee’s Subcommittee on the Constitution, Civil Rights, and Civil Liberties on June 3,  2020 gave these examples:

“In 2019, an Oakland County clerk outside Detroit, Michigan was charged with illegally altering 193 absentee ballots. A Minneapolis, Minnesota man was charged with helping 13 others falsify absentee ballots ahead of the 2018 election. In 2017, a Dallas County, Texas man was convicted after 700 mail-in ballots were witnessed and signed by a fictitious person. And recently in North Carolina’s 9th Congressional District race, a scheme was run to steal 1,200 absentee ballots and fill them out, in a race that was decided by only 900 votes.”

Only 61.4 percent of the voting-age population voted in 2016—similar to 2012.

A 2019 Gallup poll found only 4 in 10 Americans expressed confidence in the honesty of elections in the country—while 6 did not.

Voting in person will prevent your vote being possibly stolen by a mail ballot falsely cast in your name and ensure the integrity and reliability of the election results.

The Masks – A Symbol of the Real Agenda


I have spent decades in Asia, and people who were sick wore masks as a matter of courtesy. Masks were not worn by people to prevent getting sick because they do not work that way. When I went to the ER and they threw me into a COVID wing, I told them I did not know anyone with COVID. They said I could have gotten it by touching the nozzle to fill my car with gas. That statement right then and there proves masks do nothing.

Most people will be touching their faces or adjusting their mask, and if they touched something with COVID, then the mask will become infected. This is one giant scam to push Klaus Schwab’s Great Reset from the World Economic Forum.

The use of masks and social distancing has destroyed the world economy and created over 300 million unemployed people. They have actually hurt the minorities and lower classes whose labor was dependent upon their presence. Not everyone can work from home. The whole agenda is about stopping people from commuting to eliminate fossil fuels. Only 8% of those in New York have returned to offices. The lockdowns increased the supply of oil by another three years. There were over 400 wells in production in Texas, which have declined to just over 100. They have erected this clock in New York City to tell us we have now just 7 years left.

What I find extremely disturbing is that Al Gore claimed back in 2009 certain models projected total ice-free during the summer months at the North Pole, which he put in this forecast from 2014 to 2016.

I have provided the real explanation of How & Why Ice Ages Are Created and the fact that the North Sea Passage has been passable to ships on a cyclical basis over the centuries.

There is no coming back from this deliberate economic destruction. They are deliberately trying to CRUSH the world economy to further their goal to control climate change. Unfortunately, everything that our computer has forecast has been absolutely correct from Trump and BREXIT winning back in 2016, the rise of civil unrest, the corruption for the 2020 election, the rise in food prices due to shortages, and the ultimate end-game will be the destruction of Western society post-2032 and the shift of the financial capital of the world to China.

COVID-19 Tearing Families Apart


COMMENT: Mart, this is tearing my family apart. I can no longer even speak to my son. He is against Trump simply because he does not like him personally or his tweets. I try to explain this should not turn on those issues. This is a war for your future. My son will not listen and he will vote against himself and is too brainwashed to see the bigger picture.

GA

ANSWER: I know of many people in the same boat. Even two of my business partners had ended all communication with their children. My partner, who died about 20 years ago, insisted I make sure everything went to his second wife and nothing to his children in the event of his death. These things are sad, but the brainwashing that has been taking place is thicker than even blood. It is very sad. But this is precisely what was carried out in East Germany. They deliberately tried to turn the children against their parents. That was a strategic tool of the left. This entire COVID-19 scheme is dividing the country. One father wrote in and said his son said all he cared about was taxes. They have no idea what their vote will mean in this election.

This is an agenda that is well organized, and it is a major effort as was the Communist Revolution of 1848 and then 1917/1918. People know about the Wiemar Republic and the hyperinflation of the 20s, but it was a revolution in Germany in 1918 that overthrew the government, even boldly asked Russia to come to absorb Germany so they could enjoy the Communist Utopia, that led to the chaos. People hoarded all wealth and converted to foreign currencies.

The idealistic fools who were brainwashed were left penniless. This is the fate of your son, sad to say. Those with any wealth, the older people, understood what was at stake. They prepared. The youth, believing in Utopia, suffered from hyperinflation. When the new currency was finally created in 1925, it was backed by real estate — not gold which had vanished thanks to hoarding.

Unfortunately, the youth are blind. Biden is a puppet. He will surrender the sovereignty to the United Nations and this is why they are fighting so hard. Michael Bloomberg is very evil. He is trying to pay all the fines, $20 million, of felons in Florida with the implication they will vote for Biden. I really do not want to live in a world where Bloomberg has any power whatsoever. The nice things will be to see Gates, Zuckerberg, and Bloomberg, among a long list of others supporting this new tyranny, will then become the targets are stripped of their wealth as the final phase takes place — nationalization of companies.

There is nothing you can do. They have been brainwashed. It is hard to bear. But we simply must understand that they are creating this new world and they will ONLY learn from experience. We cannot shelter them. To walk, they have to fall many times. This can be irreversible. Unless they see the error of their ways soon, then the split becomes permanent. The more you try to show them, the more they will not listen. That’s why it is so important to pay attention to what they are being told in school.

The 2020 Election – Buckel Up for the Most Corrupt & Violent Election in History


Already, the FBI has recovered ballots for Trump that were discarded in Pennsylvania. They can even attribute some to specific people voting. The Republicans are already appealing Pennsylvania which is demonstrating how the Democrats are planning to try to win the election by fraud. Besides already being caught throwing away mail-in ballots for Trump, Pennsylvania has gone as far as to allow mail-in ballots beyond election day. If they need to change the results, they simply will stuff the ballots.

I warned back in February when Pelosi tore up Trump’s State of the Union Address: “The government has ceased to function.” Pelosi’s actions are simply unprofessional and they will already blame Russia if Trump wins in the real polls. I have been warning that “[o]ur model shows that 2020 will be the most violent political election since the 1960s.” We have nothing but violence and chaos and cities are no longer safe to live in between the police actions, protests, and lockdowns.

We can see that the Democrats have unleashed absolute hatred. For decades, if the person you did not vote for won, it was no big deal. We went about our lives. This time is different. The Democrats are working in tandem with this globalist agenda to subjugate all freedoms and impose dictatorial socialistic policies that will lead to civil war. Democracy is not about the majority oppressing the minority – but that is the way they see it.

Obama won the elections with only 51.1% of the popular vote yet these people act as if they have a mandate to oppress the remaining 48.9%. You cannot impeach a president without 2/3rds of the senate. Yet these people intend to convert the United States into a socialist Utopia if they get just 50.5%! This should be illegal. No politicians should have such power to alter the economy in this manner. This is the Supreme Court’s fault because it has never ruled on class discrimination.

Here we have Zuckerberg pretending to be an independent journalist and at the same time saying he will remove anything political, that is pro-Trump if in his personal view the elections go into chaos. They will, and he is part of the problem.

Petition For UK Parliament Repeal COVID Restrictions as Tyrannical


The Great Reset Has Begun


 

Suffice it to say, Europe has been conquered according to VERY RELIABLE SOURCES, and as such, the main focus has been on subjugating the Anglo-Saxon countries. This is why we see absolutely ruthless activity on the part of politicians in New Zealand and Britain with the leader being Australia. Canada has already shut its borders and is seeking the same authoritarian rule and the US election is all intended to remove Trump. If they can achieve the removal of Trump, then their view is they will have conquered the critical part of the world and then turn to try to isolate China and Russia to impose their New Green Socialist Order.

Britain is moving in the same direction even under Boris Johnson, who is the greatest disappointment and is certainly no conservative. They are introducing a Tracing APP which will soon become mandatory according to sources. Ultimately, every time you are out and went to a restaurant and one person they show up, you are supposed to quarantine for 2 weeks. You step out the door and pass someone else, you must quarantine for 2 weeks. There is no way this is justified with a virus that was man-made and is no more deadly than the flu.

 

Despite judges coming out and saying what the madman of Australian, Daniel Andrews, is doing is illegal, he could care less. Why? He is carrying out an agenda to suppress the people and subjugate them because this is a major Marxist Revolution they have been using this virus to instigate, and then Climate Change as the excuse to completely alter the economy.

They have forced people to work from home as office buildings resemble some Apocolipytic Movie where humanity has been wiped out like Planet of the Apes. We are looking at deserted cities that will NEVER be able to recover. Nobody in their right mind would have done all of this simply to suppress a virus that is no more dangerous than the flu. These lockdowns are destroying the lower classes where they earn a living from the physical presence and cannot employ their labor from home. They are deliberately using these lockdowns to drive a bigger wedge between the classes.

 

The madman of Australia wants to imprison anyone who challenges him calling all dissenters “conspiracy theorists” but our mistake is to think this is just one politician who has gone insane with power. Andrews is showing the rest of the Anglo Saxon world what is coming just down the road. They need total suppression to pull this off.

The Communist Revolutions of 1848, series of uprisings against European monarchies, which began in Sicily and spread to France, Germany, Italy, and the Austrian Empire. They all ended in failure and repression and were followed by widespread disillusionment among liberals with the exception of France where they forced the change in government.

It was the Communist Revolution of 1848 which set in motion the migration to the United States. Migration to the USA has always increased as even a precursor to war in Europe. This major spike was the precursor to World War I which began in 1914.

This time, with this globalist agenda, there is no major place to flee to as the alternative.

Thoughts on Durham, Barr, Jensen and DOJ Production to Sidney Powell From Time Outside the Wire…


The document production by USAO Jeff Jensen to Michael Flynn attorney, Sidney Powell, provides an opportunity for me to share a detached research opinion from my ongoing time outside the wire in the center of the swamp.

No matter what open source information is collected; and no matter what evidence congress can assemble; the toxic political environment in DC is the primary driver of DOJ investigative events.  It shouldn’t be, but the reality of action reflects an uncomfortable truth. Here’s my opinion on what is happening.

Attorney General Bill Barr is trying to split the baby against two competing narratives.

♦ On one hand there is enough evidence to indict former officials for gross abuses of power, falsifying information to a FISA court (violating fourth amendment protections); manipulating investigative effort for political purposes; weaponizing the intelligence apparatus of the U.S. to target political opposition, and then using their positions to cover-up their corrupt and unlawful conduct.

♦ On the other hand there is a current highly toxic political environment; consisting of elected politicians and a fully vested branch of government; attempting to cloud the reality that corrupt former government officials worked hand-in-glove with deceitful media, which includes agents of Lawfare, who collaborated in the effort.

This leads to current DC officials and people within those remaining institutions saying: “there are delicate balances.”

In my opinion, in an effort to thread this needle -and considering the timing of the 2020 election- Bill Barr is using the document production from Missouri USAO Jeff Jensen as a backdoor method to provide the information he will not/cannot put forth in a press conference, report or series of indictments. This is why Jensen is providing new information to Michael Flynn’s defense attorney Sidney Powell.

The U.S. Attorney General knows Powell will make this information public; therefore Powell becomes a conduit to receive significant amounts of evidence previously hidden by the Special Counsel (Weissmann/Mueller) cover-up operation; the “insurance policy” of sorts. Barr is essentially funneling information through Powell in lieu of a report which would include much of the same evidence.

This is just how all indications align.  Occam’s razor.

Much of the released information has no direct bearing on Flynn *IF* there was going to be an alternate use of the evidence.

Bill Barr is splitting the baby.

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More to come….