Should be able to report previous year's taxes as theft on current year losses.
US Elections (& Politics) :)
- Thread starter sdkid
- Start date
Pressure is building in Venezuela. Unlike China, the USA cannot fully supply Venezuela with the goods it needs. America lacks the production capacity and the supply networks required to support the entire country.
The key issue is that even with American sanctions in place, Venezuela under Maduro was still able to trade with China. They exchanged oil for products, medicines, and other essential goods on a barter basis. After relations with China broke down, inflation exploded. It reached 649.5 percent by March 2026. The International Monetary Fund expects it to go above 682 percent by the end of the year.
Right now Venezuela oil money is being sent to a special account controlled by the US Treasury. Remember that the United States has also essentially seized Venezuela gold reserves. These moves are speeding up the collapse of the national currency. The situation is spiraling out of control.
The key issue is that even with American sanctions in place, Venezuela under Maduro was still able to trade with China. They exchanged oil for products, medicines, and other essential goods on a barter basis. After relations with China broke down, inflation exploded. It reached 649.5 percent by March 2026. The International Monetary Fund expects it to go above 682 percent by the end of the year.
Right now Venezuela oil money is being sent to a special account controlled by the US Treasury. Remember that the United States has also essentially seized Venezuela gold reserves. These moves are speeding up the collapse of the national currency. The situation is spiraling out of control.
mat200
IPCT Contributor
- Jan 17, 2017
- 18,734
- 31,328
"Screaming Mary" refers to Masoumeh Ebtekar, the English-language spokeswoman for the Iranian militants who stormed the U.S. Embassy in Tehran in 1979 and held 52 Americans hostage for 444 days. She earned the nickname due to her high-pitched, fervent media appearances defending the hostage-taking, during which captives were subjected to beatings, starvation, solitary confinement, and mock executions—while she portrayed their treatment as humane.
In April 2026, U.S. Secretary of State Marco Rubio terminated the green cards of Ebtekar’s son, Seyed Eissa Hashemi, his wife Maryam Tahmasebi, and their son, placing them in ICE custody for deportation. The family had entered the U.S. in 2014 on visas and obtained lawful permanent residency in 2016 via the Diversity Immigrant Visa Program, a move criticized by the Trump administration.
Key facts:
In April 2026, U.S. Secretary of State Marco Rubio terminated the green cards of Ebtekar’s son, Seyed Eissa Hashemi, his wife Maryam Tahmasebi, and their son, placing them in ICE custody for deportation. The family had entered the U.S. in 2014 on visas and obtained lawful permanent residency in 2016 via the Diversity Immigrant Visa Program, a move criticized by the Trump administration.
Key facts:
- Ebtekar served in senior Iranian government roles, including Vice President for Women and Family Affairs (2017–2021).
- She was never charged for her role in the hostage crisis and has not expressed regret.
- The 2026 deportation action was part of a broader U.S. effort to remove individuals tied to Iran’s regime, including relatives of Qasem Soleimani and Ali Larijani.
mat200
IPCT Contributor
- Jan 17, 2017
- 18,734
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Is China being blocked from Trading with Venezuela ?
Last I checked the Chinese can still trade ..
JUST IN: Trump's planned "triumphal arch" will be 60 feet high, twice the size of the Lincoln Memorial & three times as tall as the Jefferson Memorial.
It will also have a dick for the faithful to come suck on
It will also have a dick for the faithful to come suck on
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Venezuela Oil no longer goes to China, it's no longer cheap and is traded in $.
Inflation loss, too. You put your money into an interest bearing account, it loses value due to inflation, then you have to pay tax on the loss, that the IRS defines as a gain.
mat200
IPCT Contributor
- Jan 17, 2017
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Even with those changes China can still trade oil for Chinese products with Venezuela
China just now has to pay market rates for Oil from Venezuela
"While Venezuela made up only ~4% of China’s seaborne crude imports, the loss of discounted heavy sour crude threatens the profitability of southern Chinese teapot refineries. "
Sybertiger
Known around here
Well of course. But let's investigate Trump again for fake made up shit where there was no fraud costing the American tax payer. Hooray for TDS folks. You won again!
Oceanslider
Known around here
Holy Smoking IRS Mobster's guns ..
This is FOR real ..
View attachment 242049
IRS Publication 17, which helps taxpayers determine how to report their income, is extremely detailed. Its section on “Other Income” has some of the most fascinating sorts of income you are obligated to report. Here are three that stand out:
Bribes
If you receive a bribe, include it in your income.
Illegal activities
Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040) if from your self-employment activity.
Stolen property
If you steal property, you must report its fair market value in your income in the year you steal it unless in the same year, you return it to its rightful owner.
IRS Guidance for Thieves, Drug Dealers, and Corrupt Officials
IRS guidance for thieves, drug dealers, and corrupt officials. IRS illegal activities guidance helps taxpayers determine how to report their income.taxfoundation.org
View attachment 242050
This is in there for those who they have caught i would guess. Otherwise they could argue that.
John Solomon Just Blew My Mind with His
Prediction About Deep State Accountability
Solomon says President Trump is about to begin declassifying documents at lightning speed in an operation he is calling “Hypersonic Clarity." He believes this massive document dump could pave the way for a grand conspiracy case against the intel agency spooks that have weaponized the government against Trump and millions of Americans for over a decade. "We’re gonna get a level of transparency in a release and declassification of documents unparalleled in American history. The president's setting up something that I think will be unbelievable." "I do think there will be some accountability. It’ll never be enough for what we went through the last 12 years… I think there’ll be a speed of disclosure and a speed of prosecution that we didn’t see in past years."
Solomon says prosecutors only need to flip one top deep state actor to make the whole conspiracy case stick --- just like taking down a mob boss.
This is what we’ve all been waiting for.
2:50 PM · Apr 16, 2026
Prediction About Deep State Accountability
Solomon says President Trump is about to begin declassifying documents at lightning speed in an operation he is calling “Hypersonic Clarity." He believes this massive document dump could pave the way for a grand conspiracy case against the intel agency spooks that have weaponized the government against Trump and millions of Americans for over a decade. "We’re gonna get a level of transparency in a release and declassification of documents unparalleled in American history. The president's setting up something that I think will be unbelievable." "I do think there will be some accountability. It’ll never be enough for what we went through the last 12 years… I think there’ll be a speed of disclosure and a speed of prosecution that we didn’t see in past years."
Solomon says prosecutors only need to flip one top deep state actor to make the whole conspiracy case stick --- just like taking down a mob boss.
This is what we’ve all been waiting for.
2:50 PM · Apr 16, 2026