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underpants

(182,868 posts)
Tue Oct 4, 2016, 10:37 AM Oct 2016

"Fiduciary" is Trump long form for BS

OOOOh such big word.
The official statement from his campaign reads:


"Mr. Trump is a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required. That being said, Mr. Trump has paid hundreds of millions of dollars in property taxes, sales and excise taxes, real estate taxes, city taxes, state taxes, employee taxes and federal taxes, along with very substantial charitable contributions. Mr. Trump knows the tax code far better than anyone who has ever run for President and he is the only one that knows how to fix it.


He has no fiduciary responsibility to his businesses or employees. We are talking about his own personal tax filings. His businesses have their own tax filings. To his family? Okay, yes he needs to do as well as possible to support his family. And let's face it, his adult kids are dependent on him too.

This is pure BS coming from him. Not that that is a surprise.




FactCheck.org takes apart Rudy and Christie here
http://www.factcheck.org/2016/10/spinning-trumps-taxes/

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unblock

(52,309 posts)
2. that's not a "fiduciary responsibility". it's a "contractual obligation".
Tue Oct 4, 2016, 10:44 AM
Oct 2016

gotta keep all the different terms for donnie's sucky behavior straight!

C_U_L8R

(45,019 posts)
4. Typical Trump misdirection
Tue Oct 4, 2016, 10:47 AM
Oct 2016

Dazzling his base with the big words. Yes indeed, these are personal tax issues and there ain't no fiduciary to it. What an ass.

rickford66

(5,528 posts)
5. He had feduciary resposibility to his stock holders.
Tue Oct 4, 2016, 10:54 AM
Oct 2016

They were the ones who were misled and defrauded. He was able to assume their loses as his own. Was this legal? It looks shaky.

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