Trump says Microsoft should pay 'key money' to Treasury for facilitating TikTok deal

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President Trump says the U.S. should get “a very large percentage” of a TikTok sale price “because we’re making it possible.”

A deal that Trump describes could be more expensive for Microsoft than the one the company described in a statement on Sunday.President Donald J. Trump stops to talk to reporters as he walks to board Marine One and depart from the South Lawn at the White House in Washington on July 31, 2020.

A larger deal could go beyond resolving the U.S. government's concern over Chinese control of the app, where hundreds of millions of people share short videos that often feature music.

 

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Illegal and it’s called extortion...learning from the Mafia...or vice-versa

Other nations country keep silents. No balls man

Those authoritarian tendencies just keep showing up

If Microsoft is buying Tik Tok's US business, it means it's Microsoft's money, why should the treasury take a slice at all? Just sell it to Microsoft so they can do whatever needs to be done! capitalism

Mobster mentality

The shakedown—

Lord have mercy.

Gangster tactic. Crass.

I’m beginning to think this whole tiktok thing is looking more and more like nationalization of a private enterprise. Not right.

C'mon. We need someone in office that is reasonable and truthful. Wear a mask and help Americans to vote safely. =

$MSFT just got biggest military contract from United states and now in process to purchase tiktok. I am really concerned about security here. No matter how much you say that you will keep everything secure, don't forget, there is a human sitting on the other side of the computer.

I don't think the deal will go through.

No

wow.

Hmmmm.... seems somewhat RICO ish....

What a big paranoid too rules 😳🤭🥱

Ridiculous

actually I think Microsoft is make an offer to buy an asset. And if they do then what right would the US government have to the proceeds paid to an offshore company to purchase a portion of their business, NONE. It is like he does not even understand international business

If I buy it, it’s a private IP and its MINE.

next level

And Republicans say they will save us from socialism? 😂😂

Trump has never been more than a lousy real estate developer.

And there it is

This is the type of free market conservatism that Milton Friedman loved

no pronelm , the game is this , microsfot take control .. BUllish , end game

Crook said what?

😂

The Media (Fake News) and Democrats makes one want to take a large dump on the graves of Democrat Ted Kennedy, Democrat (RINO) John McCain, and Democrat KKK Robert Bird.

Microsoft is Chinese asset

Trump's action gave Microsoft and the other tech companies the opportunity to start negotiating. Trump put TikTok in a position to consider selling the company.

Is this like a mafia thing, we do nothing but pay us?

But 100% so it's American and if any problems arise no EXCUSE as to who is responsible!

I think “if you can’t beat them, buy them” needs to be replaced with”if you can’t beat them, buy them with other people’s money” 😂

Isn't that why companies pay taxes?

Gangster style

Since when can a government collect fees for a corporate M&A deal?

What concerns the US government with the microsoft-tiktok deal🙄

What's 'key money'?

That’s simply idiotic

Is this not how Putin's Russia works? ffs

CNBC always takes the bait!! But wouldn’t it be nice if our Govt found a way to make $ instead of just raising our taxes to cover their out of control spending

Key money is a NY real estate thing. It’s a small bribe to whomever controls the property you would like to lease or purchase. It’s widespread in commercial leases.

A rob pays big money to corrupted policemen for their assistance in committing crime

I need someone to decipher what he means by this, in comparing in to a Tenant without a Lease “ President Trump says Microsoft should pay 'key money' to the Treasury Dept. for a TikTok deal.”

Sounds like the President is becoming a socialist!

This is F’d up folks

Cramer keeps reporting how Chinese companies steal and cheat us. Have they been doing it since Trump has become President. How could our fearless leader let this continue Jim? It’s really time to boycott anything Cramer because he’s not legit. And this will be proven.

Us gov't should have the shares

Just embarrassment number 8 bazillion thanks to our 🤡 in chief. This would be the end of any other person’s political career, but it’s just Tuesday in Trumpland.

What is the current status of Trump's tax audit by the IRS? Are they at a point where they are negotiating the payment of back taxes and penalties owed to the US Treasury and taxpayers?

President orange man says Microsoft should pay 'key candy' to the Treasury Dept. for a TikTok deal.

Dumb just gets dumber by the day 😂😂😂

Cramer just keeps sucking the President trying to land that administration job. How any capitalist could defend what the president wants to do here and how is beyond belief.

Successfully turn the focus away from disaster COVID. Bingo!

This is called BRIBERY.

prob trying to get as much money as he can

Mob mentality, collect ransoms to do business in the neighborhood

This is how a DICTATORSHIP works. People & companies can do things, but pay the dictator. Kickbacks!

You misspelled ransom.

Who are the socialists?

Idiot!

Use part of the TikTok proceed to compensate for the virus damage by CCP, fair enough and a smart idea

OMG. Here's the CURE for all American Financial Problems. Shut down all activity. EVERYBODY Wear masks. Wash Hands with Real Soap & Water, STAY HOME AND PLAY VIDEO GAMES UNTIL A GENETICALLY CREATED VACCINE OF 2 DOSES + A BOOSTER (3 SHOTS) 331,000,000 X3= 993,000,000 NEEDLES&Vials

No way; free enterprise

Just raise the corporate income tax?

TikTok will become TipTop then!

They already get paid. It’s called tax. When the business sells taxes will be applied and paid by the buyer/seller.

Pure “Mob” mentality... why not put up a “Firewall” to prevent TikTok entering US and “TikTok” pays for it...may be new slogan for 2020...

Lobbyist hate it when a president gets money for the country usually split up between politicians.

Like a sales commission? Does Trump personally take a cut too? Does he realize that this is called a Tax and if he didn't hurry up and pass his terrible tax cut than Treasury would take a larger 'commission'?

Funneled into his shell companies

What they’re to Tik Tok is theft.

Sounds like China

realDonaldTrump probably believes that he, personally, should be compensated by $MSFT, as well.

Trump is making the US into a gangster state by looking for a 'big cut of the action'. This is nothing short of extortion and a protection racket. It is bad news ethically and commercially for the business world in the US and bad message globally. ProjectLincoln gtconway3d

Hahahahahahah grifters gonna grift

Make the clicks pay

So Jared & Trump conspired to KILL people in Blue States and we are talking about TikTok? Sometimes I'm fairly certain I am living in a simulation designed solely to enrage me. 🖕🏼

不愧是懂王!🤗

Why? Is he looking to tax Microsoft now to help pay back some of his debt? I don't see the reason they should pay the US gov anything for a business deal which the gov have nothing to do with.

Hahaha... USTreasury needs some commission, after all StateDept pulled the strings.

Imagine China started forcing US companies to selling subsidiaries, and demanding a state payment...

Looks like MAFIA but legal.

This man is a real trader and business man . THE ART OF DEALS , BUY IT ALL OR NOTHING .

I'm here for the Presidential shakedown bitches!

A fine way to drop $MSFT price, who could have ever guessed it wouldn't have lasted

The art of the ---------------- deal

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