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+--- Thread: Ho-Hum (/showthread.php?tid=1345)
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Ho-Hum - j.p. - 09-28-2020
We've known this for decades.
https://www.huffpost.com/entry/trump-went-even-further-than-other-uber-rich-to-shrink-taxes_n_5f72495dc5b6e99dc330f8fa
RE: Ho-Hum - k.d. - 09-28-2020
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.
RE: Ho-Hum - j.p. - 09-28-2020
(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.
RE: Ho-Hum - k.d. - 09-28-2020
Who's debt should we be concerned about?
RE: Ho-Hum - j.p. - 09-29-2020
(09-28-2020, 08:38 PM)k.d. Wrote: Who's debt should we be concerned about?Foreign creditors mostly.
RE: Ho-Hum - k.d. - 09-29-2020
What has that to do with Trump's taxes?
RE: Ho-Hum - j.p. - 09-29-2020
(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
RE: Ho-Hum - k.d. - 09-29-2020
surprisingly common among major real estate developers and other uber-wealthy Americans.
RE: Ho-Hum - j.p. - 09-29-2020
(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.
RE: Ho-Hum - k.d. - 09-29-2020
We are talking about Trump here, his debt is none of my concern.