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Home Front: Culture Wars

Reporter Who Gave Maddow Trump's Tax Return Just Accused Melania Of Doing ‘Sneaky Porn'

2017-03-16

[DailyCaller] David Cay Johnston -- taking part in a panel discussion on "The Last Word" Tuesday evening -- accused first lady Melania Trump of doing "sneaky porn."

Johnston, host Lawrence O’Donnell and Rachel Maddow were poring over the two pages Maddow made public earlier that evening, when O’Donnell noted Trump "has wages and salary income, which is unusual for someone in his case."
I presume President Trump served on company boards, which almost always provide attendance payments, even if only nominal.

He is probably also drawing a salary from his company, even though he owns it. It's a way to limit liability, and I believe salaries are taxed differently than profits.

"It could be hers," Johnston offered. "His wife was a model."

"Right," O’Donnell responded. "She’s on here, but she was never at that league."

"She did do very sneaky porn,"
Oooooo! My very favorite genre!
Johnston continued before Maddow interrupted him.

Posted by:Blossom Unains5562

#18 A steward (retired) of Neponset
Sells pancit all day from his quonset.
Perchance it has smelt, but
Sez he who had dealt it,
"Not rancid! Well... maybe at onset."

Posted by: Zenobia Floger6220 2017-03-16 22:20

#17 "This White House! So naughty, so carnal."
Lisps Lawrence. "So bawdy." O'Donnell,
Who rolled with the Westies
(we're told he had testes),
Now gasps at a glimpse of a model.

Posted by: Zenobia Floger6220 2017-03-16 21:37

#16 Raj, you had to go there...... ;)

Posted by: Vast Right Wing Conspiracy 2017-03-16 16:05

#15 Also - if your business is an S corporation (that's when a corporation elects to be treated as such by the IRS, picking up their proportionate share of income / loss on their personal tax returns, not subject to the dreaded self-employment tax), the IRS requires those owners to take 'reasonable compensation ' in the form of taxable wages. Basically, the IRS wants some of that income to be subject to payroll taxes. Even the guys in Goodfellas had to kick some money upstairs to Uncle Paulie.

Posted by: Raj 2017-03-16 15:39

#14 That does help, Vast Right Wing Conspiracy. Thank you. :-)

Posted by: trailing wife 2017-03-16 15:04

#13 For example, I have an associate who receives approximately $10,000/year for being a board member of a bank. Four meetings a year!

If you're a 'high end' depositor (USD in seven or eight digits) 0.09% APY interest rates really are not enough to foster brand loyalty. If you're a poor man with a $12,500 nest egg, nobody gives a fok. I'm sure you understand.

Posted by: Besoeker 2017-03-16 14:14

#12 @#11: It's pretty safe to assume that the Trump formerly known as "Mr." was the Chairman of The Board (That's the position of the real power.) of his closely-held corporation. As such, he undoubtedly received compensation of both hard ($, shares of stock) and soft (transportation, meals/entertainment, etc. - all legal if business-related) varieties.

"Hard" compensation is reported by the person receiving it as income and the providing entity as an "expense.". "Soft" compensation is reported only by the providing entity, this as an "expense."

Successful business leadership of a "serious" nature allows the CEO, Chairman of The Board, etc. membership to an interesting "club" in which their participation is, if of benefit to other entities, rewarded for their expertise provided. For example, I have an associate who receives approximately $10,000/year for being a board member of a bank. Four meetings a year!

My experience is that Libs and like-rotting entities seem more inclined to reward genetic "success".

Hope this helps.

Posted by: Vast Right Wing Conspiracy 2017-03-16 14:06

#11 No, it's not - corporate officers do this on a routine basis.

Would you be so kind as to expand on that, Raj? The little I know comes from a brother-in-law with a sole proprietership in the building trades -- he takes a salary, while plowing mich of the profits back into the company . Mr. Wife is solidly middle management.

Posted by: trailing wife 2017-03-16 13:36

#10 Maddow's news alert was so urgent it took her 20 minutes of build up to get to it. So tired of all the speculation now of Melania.

Posted by: Jan 2017-03-16 11:09

#9
Good God what has happened to this country?
Posted by Crusader 2017-03-16 10:17

Progressivism.

Posted by: Dave D. 2017-03-16 10:39

#8 when (Lawrence) O’Donnell noted Trump "has wages and salary income, which is unusual for someone in his case."

No, it's not - corporate officers do this on a routine basis. I'd be surprised to find someone who didn't do this. Makes you wonder how fucking stupid O'Donnell is (I already accounted for the fact he grew up on Dorchester).

Posted by: Raj 2017-03-16 10:19

#7 Wait. You mean you can get on television and pretend to educate others about "news" regarding a tax return without....you know...being familiar...with...an actual...tax return?????

Good God what has happened to this country?

Posted by: Crusader 2017-03-16 10:17

#6 I just realized another way (or maybe it's just the times), Trump is different from Old Hickory.

Posted by: g(r)omgoru 2017-03-16 08:01

#5 Seems to me they set themselves up for a lawsuit here, in addition to the charges for illegally having the tax returns. Hard not to show malice when you committed a felony.

Posted by: Rob Crawford 2017-03-16 07:33

#4 These people have no idea about the economics of business people. On top of that, their heads are always in the gutter.

Posted by: Spugum Snineling3221 2017-03-16 03:37

#3 It must have been so sneaky that nobody has ever seen it.

Posted by: European Conservative 2017-03-16 02:19

#2 Much Felonious behavior everywhere.

Posted by: newc 2017-03-16 01:08

#1 I just realized we need a picture of a squirrel.

Posted by: gorb 2017-03-16 00:36

00:00