Skip to comments.Trump reported losing nearly $1B over 2 years on tax returns: accountant testifies
Posted on 11/23/2022 6:11:37 PM PST by ChicagoConservative27
Former President Donald Trump reported losses on his tax returns each year for a decade – including close to $1 billion in a two-year span alone, his onetime accountant testified at trial this week.
Donald Bender, a partner at accounting firm Mazars USA, took the stand in Manhattan Supreme Court Tuesday as part of the criminal tax fraud case against the Trump Organization.
From 2009 to 2018, Bender said he filed 76-year-old Trump’s taxes and “There are losses for all these years.”
Bender – who was called as the first defense witness and was given immunity for testifying before a grand jury – admitted upon questioning from prosecutors that in 2009 and 2010 alone Trump reported losing close to $1 billion.
(Excerpt) Read more at nypost.com ...
Got him for what?
Living through the results of the Obama recession periods of 2008-09?
Ok. But I’m still voting for him in 2024.
Obviously, that dastardly Putin was spending his money. IMPEACH! WANNA SEE THE HAT TRICK!
I was trying to be sarcastic lol
If you look at his emoji, he’s stating it’s sarcasm.
Tax law is so complicated that anything can be justified if you find/apply the right section.
What will happen is that the “committee” will look at Trumps taxes under a very different set of rules/laws and then he’s under indictment for tax fraud/evasion.
It’s just like talking to the FBI, the FBI WILL find something to charge you with.
I wasnt upset, i was continuing the sarc
How much can you depreciate with a cost segregation study?
With a cost segregation analysis, you could be able to write off up to 30-35% of your building’s original purchase price in the first year! Because depreciation occurs when a purchased building ages, it loses value over time.
Weapon using tax law is simply going to drive more businesses and investors out of NY state.
These slobbering dims never look at the long term consequences of chopping off the branch they’re sitting on.
Democrats will be extremely disappointed when they see his tax returns. He didn’t fill the damn things out, but paid accountants, tax lawyers, etc., to prepare them for his signature. Accountants, tax lawyers, etc., wouldn’t be able to stay in business very long if they prepared bad returns, and I’d bet that some of the people who have done Donald Trump’s returns, have also done plenty of Democrats’, and Hollywood liberals’ returns. I hope Nancy Pelosi chokes on them.
The left, including activist judges and our DOJ, have worked to destroy Trump for the past seven years. Now, they act as if he has done something wrong due to the fact that he has lost money due to their actions.
How dare he get out of paying taxes by having a negative income!
They don’t care about his taxes. They want to know who he does business with so they can harass them into ending their business relationships.
This was why the Marxist bitches wanted the tax returns. So they could spew garbage at the conservative Americans. I think the American people have the right to see every ahole’s tax returns who is bleeding the American people up on Capitol Hill. The thieving bastards.
Not quite yet! (Not on that one, at least)
is that what they call depreciation?
I’m still deducting losses from 2008/09 too.
If the IRS which has continually audited Trump hasn’t found anything by now, I doubt Congress will.
But Congress will publicly make hay out of nothing and harrass Trumps business relationships.
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