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In reply to the discussion: Glen Kircshner posits: TSF got the money... [View all]underpants
(182,977 posts)19. If they can give, they can pay. $18K+ gets taxed
If you give someone over $18K then the taxes hit.
It used to be $50K. I had an uncle who gave his kids $49k a year.
https://www.nerdwallet.com/article/taxes/gift-tax-rate
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Glenn doesn't address this, but wouldn't Trump have to disclose the source of this money (if it really exists)?
TheRickles
Mar 23
#6
Yeah, it plays into his sense of the media and how to come out ahead in the last minute.
mucifer
Mar 23
#10
More grifting and nebulous "donors". Could be anyone thanks to loosey goosey regulation.
Evolve Dammit
Mar 23
#23
Hate to say it, but he's probably right. Otherwise he would be non stop posting, even more than usual
PortTack
Mar 23
#26
Yes he has, I would've expected the violence and desperation in those posts to be a lot worse than his normal vitriol
PortTack
Mar 23
#28
He isn't able to draw any on any of that money for at least 6 months....but, I wonder if one of the buyers
PortTack
Mar 23
#30
One analyst said he could gift shares before the six month waiting period
getagrip_already
Mar 23
#32
Yes...to many moving parts. Your summation is close, betting that's where the money came from!
PortTack
Mar 23
#39