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.

 

The Ultimate Hypocrisy – Democrats Against Women with Families & Catholic?


On the one hand, the Democrats are trying to get the Catholic vote arguing that Biden is only the second Catholic to be President after JFK. But then, they oppose Amy Coney Barrett because she is a Catholic and was a professor at Notre Dame Law School before her confirmation to the federal bench. Here is Feinstein who accuses Barrett that her religion will supersede the law. You really can’t have it both ways.

I was raised Catholic, but that never stood in the way of understanding law. I remember when I was just 10 years old my father taking me to Willingboro, New Jersey to see John F. Kennedy in person. I actually met President John F. Kennedy and shook his hand as a kid that day on Oct. 16, 1960, but unlike Bill Clinton, it did not inspire me to become President. I remember as a kid walking around and hearing people bash Kennedy because he was Catholic saying the Pope will run America. There is no doubt that the vast majority of immigrants to America were Protestant and as such the old hatreds rose their head and they will no doubt regarding Amy Coney Barrett.

Former President Harry Truman actually said that Kennedy should withdraw his name for nomination the night before the Democratic Convention. During the 1950s prejudices against Catholics were dominant and were preached by some Protestant ministers.  On October 20, 1951, President Harry Truman nominated former General Mark Clark to be the United States emissary to the Vatican. Clark was forced to withdraw his nomination on January 13, 1952, following protests from Texas Senator Tom Connally and Protestant groups. Mark Clark was baptized Episcopalian and his mother was Jewish. Connally did not want any representative at the Vatican.

Indeed, during the 1960 election Prominent Protestant spokesmen, led by Billy Graham and Norman Vincent Peale, organized Protestant ministers by warning that the Pope would be giving orders to a Kennedy White House. Many established evangelical groups were mobilized.

It is interesting for the extreme left demand the Democrats stop the nomination of the Supreme Court and even call it illegitimate clinging to this conspiracy that Trump was put in office by Putin. The Democrats have little power to actually derail Trump’s pick. Nevertheless, they are applying considerable pressure for the Democrats to be obstructive and use every tactic at their disposal to not just obstruct but to portray the consideration as a farce that shouldn’t even occur. Of course, there is no such precedent for this nonsense, especially when justices do not always vote even party lines – i.e. Chief Justice Roberts.

Now the left is arguing that she should be investigated to see how she adopted two children from Haiti. As I have stated, I have read her work and she is a STRICT CONSTRUCTIONIST which is the best we can hope for. It was Justice Scalia who reform the sentencing procedures were judges were violating the constitution deciding facts that only a jury was authorized to determine. So, this will be interesting. How to bash Barrett for being Catholic while having two black children which shows she is not a racist so they are turning that into something like hiring illegal aliens. They cannot be promoting Biden as only the second Catholic to become president why bashing her because she if Catholic and somehow the Pope will dictate her decisions which never took place with JFK. This is the ultimate paradox.

Biden’s Pre-Debate Prep


Everyone knows Joe Biden is not fit to be president. We’ve all seen him mumble in confusion during public appearances. He’s a gaffe machine. He’s a corrupt, career politician with dementia. Yet the Democrats and their lying mass media continue to pretend he’s perfectly fine—good ol’ Joe.

He sounded relatively sharp for his convention speech, but since then his behavior and speaking ability have been very questionable. I saw him make short speech during a recent and rare campaign appearance and he was barely audible. He fielded no questions. He can barely read a teleprompter correctly. On another occasion he blew up in anger when questioned about his son, Hunter. Uncontrollable anger is also a symptom of dementia.

For next week’s debate with Trump, I expect Sleepy Joe will be charged up with the same drug given to him ahead of his DNC speech. Probably meth, which apparently brightens the otherwise dimming lights of those suffering dementia.

Given Biden’s condition, the Democrats need to drug him up. Their only other alternative is for him to contract some sudden illness—perhaps COVID 19. Or maybe the Democrats no longer care. Why cover up for Joe? Everyone is aware that Biden is not all there, but he doesn’t need to be for a Harris administration.

—Ben Garrison

Grand Theft Election


Everything the Democrats are planning will come to this, a coup attempt. If unsuccessful, a replay of the election of 1860, complete with secession threats, possibly carried out

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Re-Posted from the Canada Free Press By  —— Bio and ArchivesSeptember 26, 2020

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Grand Theft Election

A theft is in the process of being carried out. It is a crime so insidious, so Machiavellian, it could spell the end of the greatest nation ever conceived, and the rest of the free world will soon follow. It is a coup, a theft of an election, not to rid our country of traitors, but to purge the nation of patriots. Democrats have driven this nation, once again, to a point of division and armed conflict not seen since the Civil War. No person of any intelligence can call this politics as usual.

Democrats decided back in 2016 that they will NOT accept a Trump presidency, elections be damned

Democrats decided back in 2016 that they will NOT accept a Trump presidency, elections be damned. The last four years proves it. Their goal now is to carry out a plan to totally control Congress, the Presidency and the Supreme Court. They will use every weapon at their disposal. It will include a manufactured pandemic, changing voter ID requirements at the 11th hour, court packing, states added to the Union, using former military officers once prominent in the Deep State, employing their useful idiots in Antifa and BLM, Big-Tech censorship of conservative thought, creating fear among the Black community…“They’ll put you back in chains”, the district attorneys carefully placed around the country by George Soros, and the hundreds of lawyers already recruited. They have even conducted ‘war games’ of sort. Some 50 Leftist groups, headed by John Podesta, got together after the 2016 election to devise a post 2020 election scenario to hatch an action plan if the election was close. If allowed to succeed it will be the end of a two-party, free republic, and the birth of a godless, socialist dictatorship. And so, their scheme continues.

The Democrats decided months ago, that they are going to lose this coming election. They nominated a do-nothing pervert, well past his prime, politician of 47 years, with obvious signs of dementia. A corrupt politician who as much as admitted it to anyone who cared to hear it.

The Democrats will attempt to steal this election. Proof? All the top Democrats, including Biden, are saying the Republicans will lie, steal, cheat, and even collude with foreign powers to win the coming election. Democrats always do what they accuse Republicans of doing. It’s a strategy to divert attention from their plotting. Following their accusations makes it easy to stay ahead of them. If you remember, back in early 2016, Clinton’s people said Trump would not accept the results of the election and then they spent the next four years screaming that Trump was not a legitimate president. It’s causing political chaos and now violence. The rioting and bloodshed is being used to screen their movements. And part of their operation is protecting their donors, the rich and famous. Democrats know the middle class is in trouble, that there is tremendous income inequality and they plan to keep it that way.

After a Trump landslide on election night, Biden will not concede. The DNC will not allow it

Protests are building again. BLM is rioting in Louisville, not caring about the facts of the Breonna case. Indoor and outdoor diners are being harassed in major cities, having their food and drinks thrown off the tables surrounded by screams. They are moving into residential neighborhoods, protesting, harassing senators and members of congress in the middle of the night, stealing Trump campaign signs, physically assaulting anyone wearing Trump garb. The Brown Shirts of Nazi Germany and the Black Shirts of Fascist Italy would be proud of them.

After a Trump landslide on election night, Biden will not concede. The DNC will not allow it. The mail-in voting the Democrats wanted so badly will then come into play. They will produce hundreds of thousands of harvested ballots, lawful or unlawful, day after day after the election, to tip the scales in their favor in states they are close to winning. Military ballots have already been found in the trash in Pennsylvania.

Millions will be mobilized to contest an outcome not to their liking while the courts deliberate. If there is no decision by January 20, the Speaker will have to become acting president. The Supreme Court will eventually come into play or possibly the House of Representatives if the Electoral College cannot come to a decision. Whether the House will flip on election day is anyone’s guess. After the plethora of ‘righteous indignation’, further violence will be a certainty.

Democrats have had an obsession of late. They dream of the military dragging Trump out of the White House

What will happen next is right out of any third-world nation coup d’état attempt. They will call in the military, a military Obama carefully purged during his presidency. Any officer that was promoted during his administration has bought into the progressive agenda. This is the great unknown. What will the military do?

Democrats have had an obsession of late. They dream of the military dragging Trump out of the White House. Biden’s recent campaign statement: “The United States government is perfectly capable of escorting trespassers out of the White House” shows his state of mind.

Everything the Democrats are planning will come to this, a coup attempt. If unsuccessful, a replay of the election of 1860, complete with secession threats, possibly carried out. The first ones coming from California, Oregon and Washington. Then the old question will rear its ugly head, the legality of secession and its aftermath.

Its aftermath, that is another question.

Democrats Ideologically In Bed With BLM?


The announcement, was made, in effect, yesterday by Democrat vice presidential candidate Kamala Harris

Judi McLeod image

Re-posted from the Canada Free Press By  —— Bio and ArchivesSeptember 26, 2020

 

Democrats Ideologically In Bed With BLM?

There can no longer be any doubt about it: The Democrats are ideologically in bed with Black Lives Matter (BLM).

The future belongs to BLM and not to average American citizens, as haughtily decreed yesterday by Sen. Kamala Harris.

“Peaceful protests against racial injustice are critical for the nation’s progress and help to keep law enforcement in check, Sen. Kamala Harris, D-Calif., said Friday. (Fox News, Sept. 25, 2020.)

“Nothing that we have achieved that has been about progress, in particular around civil rights, has come without a fight, and so I always am going to interpret these protests as an essential component of evolution in our country—as an essential component or mark of a real democracy,” the vice presidential nominee said during the NAACP’s national convention.

“She added that protests were “necessary” as “the people’s voices must be heard, and it is often the people who must speak to get their government to do what it is supposed to do, but may not do naturally unless the people speak loudly—and obviously peacefully.”

“Harris also praised the “brilliance” and “impact” of “Black Lives Matter,” which has received media praise but also come under fire for promoting left-wing stances like opposing the nuclear family. “I actually believe that ‘Black Lives Matter’ has been the most significant agent for change within the criminal justice system,” she said.

“Her comments came during mass protests surrounding the deaths of Black Americans like Breonna Taylor, whose case prompted a series of demonstrations earlier this week.”

According to the Fox News report on Harris’  comments to the NAACP national convention, “While the vast majority of demonstrations—which began in late May—have been peaceful, some have resulted in property destruction.”

How can anyone discount the injuries to police and civilians, including children as “peaceful”?

“Footage quickly emerged purportedly showing buildings vandalized and burned in Louisville, Ky., after a grand jury decided to indict just one of the officers involved in Taylor’s death. (Fox News)

“Across the country, violent confrontations during these demonstrations have led to deaths and injuries, including for demonstrators, journalists and police officers.

Why are police officers who were killed and injured listed third after “demonstrators” and “journalists”?

Do the lives of demonstrators and journalists matter more than the lives of police?

 “In Louisville, Kentucky, two officers were shot, and subsequently hospitalized, during protests surrounding Taylor’s case. (Fox News)

“Former Vice President Joe Biden and other Democrats have been criticized for allegedly not doing enough to denounce violent demonstrations, while President’s (sic) Trump campaign has attempted to tie their statements to on-going riots.

“In May, Biden released a statement in which he distinguished between violent and peaceful protests.

“Protesting such brutality is right and necessary. It’s an utterly American response. But burning down communities and needless destruction is not. Violence that endangers lives is not. Violence that guts and shutters businesses that serve the community is not,” the statement read.

“At the end of last month, Sen. Harris similarly said: “We must always defend peaceful protest and peaceful protesters. We should not confuse them with those looting and committing acts of violence, including the shooter who was arrested for murder. Make no mistake, we will not let these vigilantes and extremists derail the path to justice.”

Harris, who praised the “brilliance” and “impact” of “Black Lives Matter,”seems to be confusing “peaceful protesters” with the anarchists burning and looting, Democrat-controlled cities; killing and injuring—not just other demonstrators and journalists—but cops and civilians.

Meanwhile, there can no longer be any doubt about it: The Democrats are ideologically in bed with Black Lives Matter (BLM).

The announcement, was made, in effect, yesterday by Democrat vice presidential candidate Kamala Harris.

You can watch her in action today in the “yell room” when she joins Hanoi Jane Fonda at the Supermajority’s event—titled “Supercharge: Women All In”.

The Heartbreaking Fate of ‘Census Cowboy’s’ Horse


Meanwhile, Hollingsworth’s and Mayor Lightfoot’s stress is nothing compared to that of the little kids who will be heartbroken when they hear the sad fate of the ‘Census Cowboy’s’ horse

Judi McLeod image

Re-posted from the Canada Free Press By  —— Bio and ArchivesSeptember 26, 2020

The Heartbreaking Fate of ‘Census Cowboy’s’ Horse

Democrat Chicago Mayor Lori Lightfoot’s personal, handpicked stunt man Adam Hollingsworth, she dubbed as the “Census Cowboy,”  now faces a felony charge for riding his bleeding horse in a Monday ‘protest’ to the point of collapse.

Hollingsworth, who has called on his mayor pal for help, crying out, “Lori, come help me.  “I can’t do it alone”, may have ended his horse-riding publicity stunt, but the real publicity stunt began with Lightfoot and can be seen how in the hideous video below:

The Blaze covered the heartrending story on its site yesterday, reporting that the horse—“which is in critical condition due to its injuries, may now have to be euthanized”.

“Chicago Mayor Lori Lightfoot (D) tapped Hollingsworth to work with her earlier this year to boost census participation in the city. (The Blaze, Sept. 25, 2020)

“According to a report from WTTW-TV, Hollingsworth rode the horse for more than seven miles on the Dan Ryan Expressway during Monday’s impromptu protest.

“The horse, which was reportedly not outfitted with proper shoes for concrete, collapsed after running for about an hour.

“Cook County prosecutors said the horse’s treatment was the “equivalent of forcing an 80-year-old woman to run a marathon,” WTTW reported.

“Cook County Assistant State’s Attorney Kevin Deboni said that the horse was nearly run to death and suffered “extensive damage” to its health.

Chicago Mayor Unveils New Mascot “Census Cowboy”

“Deboni said that the horse’s eyes “were dilated to the point they looked like cartoon eyes.”

Like most liberals, 33-year-old Hollingsworth moved to virtue signalling as an excuse for his publicity stunt.

“Hollingsworth said that he rode the horse on the Dan Ryan Expressway during rush hour to support the #KidsLivesMatter movement, according to the outlet, which describes the initiative as one “that aims to raise awareness and motivate residents to fill out the census to help communities receive better funding.” (The Blaze)

“According to Block Club Chicago, the movement is in response to children killed by gun violence.

“In August, Hollingsworth told the Block Club, “When you get kids occupied and they’ve got things to do with their time and their life … all this senseless killing that’s going on, it’ll slow down a whole lot. It’s important to support dance groups [or] anything that’s got something to do with kids. If it’s something positive, support it.”

“Witnesses of the Dan Ryan Expressway incident told the outlet that they saw Hollingsworth kicking and whipping the horse to keep it running even after it slowed its pace due to exhaustion and injury. “Shortly after, the horse collapsed on the ground.

“Emergency veterinarians responded to the scene and took the horse in for treatment of severe dehydration, overheating, and lacerations to its front legs that caused heavy bleeding. Authorities took Hollingsworth into custody.

WFLD-TV reported that the horse also had sores beneath its saddle, which was not properly padded.

“In a statement, Mayor Lightfoot’s office condemned Hollingsworth’s “stunt.”

“There is a right way and a wrong way to call attention to issues of great importance and this stunt was decidedly the very wrong way,” the mayor’s office said in its statement.

“Hollingsworth was charged with a felony count of aggravated cruelty to an animal, as well as misdemeanor counts of reckless conduct, trespassing, and other traffic-related offenses.

“At the time of this reporting, the horse remains in critical condition, and will never be able to be ridden again.

“The horse may also have to be euthanized due to its injuries and “due to the suffering the animal will likely endure for the rest of its life.”

“Hollingsworth was held on $25,000 bond during a Wednesday court appearance, and was required to pay 10%. He is due back in court on Sept. 30.”

“On Thursday, a tearful Hollingsworth told the Chicago Sun-Times that he did not abuse the horse.

“My focus is on the ‘Kids Lives Matter’ because if you look up the history of when it comes down to kids getting killed, 2020 is the highest rate … and it ain’t right,” he told reporters.

“Everybody is trying to steer away from that part, and that is very important — that is an important topic we need to stick on.”

As if Hollingsworth’s attempts at virtue signalling were not hypocritical enough, he added that how he treated the horse now in critical condition was “no different than how horses are treated in the circus or at a racetrack”.

Fight ELITIST SUPPRESSION—Make CFP Your Go-To Home Page!

“The people that don’t know anything about horses looking from the outside in, you would think that what I did was cruelty to animals,” he explained. “But if you go to a racetrack, it’s 100 times worse, if you go to a circus, worse. … It’s way worse than what I do to my horses. I probably could’ve did a little bit less, but I had to make a statement.” (The Blaze)

“He also insisted that the description of the horse’s injuries were exaggerated, and that he would like to appoint an independent veterinarian to examine the horse.

“I think that is just a way to make the situation seem worse than it is because I am a black brother and I am doing very good for the community and standing up for the Kids Lives Matter movement and not focused on anything else,” Hollingsworth reasoned.

“He also revealed that he has been the subject of abuse since his arrest.

“Every day I step outside I am taking a chance with my life,” he said. “I basically look at [the hate mail] and just close them. I can’t change how a person feels.”

He also called upon Lightfoot to defend him.

“When [Mayor Lightfoot] called upon me [to assist with the 2020 census], I was there for her,” he added. “Monday was my stress signal: Lori, come help me, I can’t do it alone.”

Meanwhile, Hollingsworth’s and Mayor Lightfoot’s stress is nothing compared to that of the little kids who will be heartbroken when they hear the sad fate of the ‘Census Cowboy’s’ horse.

New Political Party Launched in Britain


Womens March Activist Calls Kentucky AG a “Sell Out Negro” For Telling Truth About Death of Breonna Taylor…


The racial grievance industry always reacts violently toward anyone who puts their business model and financial efforts at risk. This is the case again today as Women’s March co-founder Tamika Mallory says Kentucky AG Daniel Cameron is a “sell-out negro” for telling the truth about the death of Breonna Taylor.

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With the full support and applause of Benjamin Crump standing with her, Ms. Mallory declares: “Daniel Cameron is no different than the sell-out negroes that sold our people into slavery and helped white men to capture our people, to abuse them, and to traffic them while our women were raped, while our men were raped by savages.”