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Ho-Hum
#1
We've known this for decades.

https://www.huffpost.com/entry/trump-wen...9dc330f8fa
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#2
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.
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#3
(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.
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#4
Who's debt should we be concerned about?
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#5
(09-28-2020, 08:38 PM)k.d. Wrote: Who's debt should we be concerned about?
Foreign creditors mostly.
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#6
What has that to do with Trump's taxes?
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#7
(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
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#8
surprisingly common among major real estate developers and other uber-wealthy Americans.
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#9
(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.
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#10
We are talking about Trump here, his debt is none of my concern.
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