Let’s stop this he just found the loopholes. Don’t you think if these were real loopholes anyone with two brain cells to rub together would use them, you don’t need $100,000,000 to say/do any of these things? I think the problem is that there are significant loopholes that ARE legal. I owned my own consulting Life Is Full Of Short Tall Grande Venti Teacher Important Choices Teacherlife Shirt. as a w2, and paid half in taxes and it was all due to legal deductions. The amount of disparity there is between an individual and a business is sickening. I didn’t own any property through my business but if I had that opens up a whole new world of depreciation and maintenance that can be legally written off.
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That’s not to say his returns would hold up under scrutiny, and telling the IRS you lose money but banks you make money is clearly problematic. But there’s a problem here that runs much deeper than just Trump. I agree with Life Is Full Of Short Tall Grande Venti Teacher Important Choices Teacherlife Shirt to get loans. A lot of businesses have two accounting books, but in your case, while you were able to write off so much to show little income on paper, it would be counted against you when you go for a business loan or even a personal home loan. Trump was able to get away with both and most of his “income” comes from those distributed loans. It’s all a scam. This is nowhere near what you’ve experienced as a small business owner.
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