Crowning the Comeback King
Published: October 25th, 1995
Though there are still four years to go in the 90's, business and government leaders in New York honored Donald J. Trump yesterday for pulling off what they called "the comeback of the decade."
Mr. Trump, the developer who came to epitomize opulent wealth during the 80's before tumbling into deep financial trouble, has managed to erase much of his debt and is moving ahead with major projects at a time other developers are idling.
Judging from the attention showered on him yesterday at the Union League Club, some of New York's civic and business leaders are quite captivated by Mr. Trump, despite the financial uncertainties that still surround some of his properties....
Donald Trump’s International Hotel in Washington, D.C., was vandalized over the weekend, according to reports. Someone spray-painted the phrase “Black Lives Matter” on the facade of the the luxury hotel, which is positioned along Pennsylvania Avenue in downtown Washington.
A Twitter user posted a video of a person appearing to spray paint the building on Saturday afternoon.
CNN reports the graffiti was quickly being covered up by plywood and no arrests had been made.
Click here for more of Maya Rhodan's story from TIME Magazine....
Facebook was caught conducting yet another censorship campaign against conservatives. This time, the social media giant targeted a Florida-based Trump supporter for posting a video of Black Lives Matter crashing Donald Trump's recent Melbourne, Florida rally.
According to Crystal Callahan Ayala, she was slapped with a 24 hour ban after posting the video on Saturday.
Ayala shared the following video on Saturday at 5:58 PM EST can be found at Vessel News.
The New York Times has excited the Clinton campaign and the rest of the media with a revelation that Republican nominee Donald Trump declared a $916 million loss in 1995 that might have resulted in him not paying taxes in some subsequent years.
The implication, reinforced by CNN’s Jake Tapper on State of the Union on Sunday morning, is that Trump “avoided” paying taxes, when in fact his tax liability was zero.
But the Times itself has “avoided” paying taxes — in 2014, for example.
As Forbes noted at the time:
"… for tax year 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their 2014 annual report is, “The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.” If you don’t think it took fancy accountants and tax lawyers to make that happen, read the statement again."...