Talk about a nothing burger. The 1st paragraph says it all: The tax-avoidance strategies that
President Donald Trump capitalized on to shrink his tax bill to essentially zero are
surprisingly common among major real estate developers and other uber-wealthy Americans.
(09-28-2020, 05:18 PM)k.d. Wrote: [ -> ]Talk about a nothing burger. The 1st paragraph says it all: The tax-avoidance strategies that President Donald Trump capitalized on to shrink his tax bill to essentially zero are surprisingly common among major real estate developers and other uber-wealthy Americans.
Trump called it fake news.
It's the extreme debt that should concern us.
Who's debt should we be concerned about?
(09-28-2020, 08:38 PM)k.d. Wrote: [ -> ]Who's debt should we be concerned about?
Foreign creditors mostly.
What has that to do with Trump's taxes?
(09-29-2020, 10:26 AM)k.d. Wrote: [ -> ]What has that to do with Trump's taxes?
He used to it to devalue assets for tax purposes
surprisingly common among major real estate developers and other uber-wealthy Americans.
(09-29-2020, 11:04 AM)k.d. Wrote: [ -> ]surprisingly common among major real estate developers and other uber-wealthy Americans.
Incurring massive debt is not a loophole.
We are talking about Trump here, his debt is none of my concern.