03-26-2024, 12:20 AM
(03-25-2024, 11:34 PM)Luvnit2 Wrote: It appears closer to 4 billion for Trump's Truth Social. They start tomorrow under "DJT".
A legal business started and financed by Donald J. Trump.
We are still waiting to see the product or media source Joe Biden and family made tens of millions of dollars on from foreign entities.
Trump also makes Florida his home (stays in Florida 6 months or more a year. Smart man, his NY state tax and city tax liability is a lot less. I did the same in 2021, noy at his level, but left Mason, Ohio city tax and Ohio State tax for no income taxes in Florida.
Congrats President Trump, another successful business in your portfolio. Truth Social is based in Florida, not NY so the state of NY will get tax windfalls from this successful company. NY also can't leverage any properties outside of the state of NY. I see it as an issue, it will be overturned in time, but all of the media, James and Biden calling Trump a new nickname look very foolish. Biden called Trump broke Don days before Trump made 4 billion dollars.
Trump took a chance and built Truth Social's platform into a profitable company, it could have failed, but did not. He made a lot of people rich who invested with him.
https://www.floridatoday.com/story/news/2024/03/22/truth-social-merger-in-florida-what-to-know-about-trump-venture/73068586007/
Although Trump's home is in South Florida's Mar-a-Lago, his business holding Trump Media & Technology Group – the parent of social media platform Truth Social – is headquartered on the state's Gulf Coast.
Did they ever release their 4th quarter earnings report? I saw they have released the first 3 quarters of 2023. But not the 4th. Wonder why? If they were good I assume we would have seen them.
I was going to buy some weekly puts today but holy crap they are expensive.
