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To: grey_whiskers
President Trump’s tax records obtained by The New York Times show that so-called depreciation losses and other tax breaks for the real estate industry embedded in federal tax law for a century helped reduce Trump’s income taxes.

IOW what he did is perfectly legal according to the tax code.

1,661 posted on 10/31/2020 1:38:36 PM PDT by little jeremiah (Courage is not simply one of the virtues, but the frm of every virtue at the testing point.)
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To: All

President Trump’s tax records obtained by The New York Times show that so-called depreciation losses and other tax breaks for the real estate industry embedded in federal tax law for a century helped reduce Trump’s income taxes.
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IOW what he did is perfectly legal according to the tax code.
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All candidates have to fill out financial disclosure forms. What I say is that if these forms don’t disclose everything that the voters need to know, then revise the stupid forms.

There is no law that requires a release of tax returns. And the real graft ain’t on them anyway, as the Hunter Biden stuff shows.

Anyone who knows a tiny bit about taxes, knows about loss carryforward, etc. and so it would be no mystery anyway, if a real estate person took advantage of tax breaks.

Anyone want to vote for someone stupid enough to not take advantage of those laws? I am sick of these misleading tactics about tax returns. spit.


1,674 posted on 10/31/2020 2:29:33 PM PDT by greeneyes ( Moderation In Pursuit of Justice is NO Virtue--LET FREEDOM RING)
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