I was just reading this. This is incredible with the degree of corruption. Took out a gd liability policy! Whaaaattt
I agree. Two points. First while he’s a great promoter and deal maker he can’t run a business for shit. Second he may be exposed for tax fraud with some of his actions. He pushes the line on his valuation and loss claims. He got a $75MM refund that’s being questioned right now. If it’s rejected he’ll owe over $100MM including interest and penalties. I’m not saying he’s a crook but if you fly too close to the flame you’ll get burned.
I am going to assume the 75 M refund was from before 2015. If so dont you think he would have made more than 25M from keeping the capital in his company for those years. I ain't saying it's right but its probably a fair assessment.
i really dont care about the personal foibles of candidates. policy is the relevant part. he can be a bank robber rapist for all i care if he legalizes weed, doenst start any more wars and increases free trade
Then there’s the genius democrat nominee. https://twitter.com/not_the_bee/status/1310336164084297729?s=21
You just dont understand the US tax laws man. It can be more profitable to use the system. In fact, that is EXACTLY what AMAZON has done for many years. I believe this was the 1st time they paid taxes since 2016..... But you know, this is a loaded scenario. In many cases, the benefits these business offer; employment, payroll, economy, etc, FAR outweigh the perceived negative of no fed tax.
