It also has zero bearing on his net worth.
Looks like when he bought politicians, he got his money’s worth!
And don't forget - Trump hates the current system. That's why he is running for president. He is committed to changing the system. Trump really wants to change the system he has been using so that he can pay more in taxes. Count on it.
That's what the man says.
Ref:”If Trump’s annual income is less than $500k then kudos to him! It means he must have a crap-ton of income shelters set up to protect himself against taxes.....”
I am a strong supporter of Ted Cruz and Trump is at the bottom of my list of Republican candidates. But I agree with you on this issue. While I think Trump is a terrible choice for President, I am sure he shelters as much of his wealth as possible in his corporations where he can expense many luxuries and is taxed at a lower level. Therefore, his “personal” wealth and income would be much lower than his actual net worth (even though it is all his money). This is about the only aspect of Trump I can say I like.