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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.
“If you want to know who rules over you, just look for who you are not allowed to criticize.”

― Voltaire
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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?
“If you want to know who rules over you, just look for who you are not allowed to criticize.”

― Voltaire
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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?
“If you want to know who rules over you, just look for who you are not allowed to criticize.”

― Voltaire
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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.
“If you want to know who rules over you, just look for who you are not allowed to criticize.”

― Voltaire
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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.
“If you want to know who rules over you, just look for who you are not allowed to criticize.”

― Voltaire
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