“ What a bunch of hooey. Trump has a myriad
of tax attorneys and accountants. Him,
being a huge target for tax fraud
alligation, would not risk losing his
fortune and possible jail time.”
You are missing the point. My elderly mother in law told me “Trump hasn’t paid taxes in 20 years”. That’s repeating media gaslighting about a real estate loss carry forward that was 100% legit.
They want to twist the truth for gullible people who don’t understand the tax code.
Ask your MIL to pullout her ACCOUNTING degree.
ALOT of that LOSS CARRY FORWARD was triggered by allowing Indian Casinos all over the country.
KILLED Atlantic City.
Exactly why the Tax code should be so simple, even the idiots on the dole can understand it.