Trump's Taxes

Started by supsalemgr, May 08, 2019, 04:34:19 AM

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supsalemgr

https://www.cnbc.com/2019/05/08/trump-tax-returns-from-1985-1994-reportedly-show-1-billion-in-losses.html

So the NYT prints this a hopefully a negative story about Trump and his taxes. As is normally the case with liberals there are unintended consequences. Here are some reasons why:

1 - So the Trump company lost money 20-30 years ago. As a professional person I see the fact the company has thrived indicates some pretty astute management.

2 - Trump has the best accountants. He deals in capital improvements and with same there is much opportunity to use depreciation as a tool for reducing tax bills.

3 - No mention of or accusation of fraud or anything illegal.

Actually for someone who understands reality this is a positive report about Trump and his business practices.
"If you can't run with the big dawgs, stay on the porch!"

Solar

The funny part is, all they had to do was read his book, he actually states he lost money during those years. :biggrin:
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!

supsalemgr

Quote from: Solar on May 08, 2019, 06:47:52 AM
The funny part is, all they had to do was read his book, he actually states he lost money during those years. :biggrin:

Can we say another act of desperation?
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: supsalemgr on May 08, 2019, 07:38:14 AM
Can we say another act of desperation?
No doubt! Maddocow had hopes that this would resurrect her from the dead. Nope, didn't happen. :lol:
Official Trump Cult Member

#WWG1WGA

Q PATRIOT!!!