It's amazing how easily Americans accept subsidizing the wealthy lifestyles of guys liked Trump. He should be paying substantial taxes period. How is it you have a record federal debt and a soaring stock market and yet somehow he's free of any sizeable income tax burden ?
How much did you pay?
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It's amazing how easily Americans accept subsidizing the wealthy lifestyles of guys liked Trump. He should be paying substantial taxes period. How is it you have a record federal debt and a soaring stock market and yet somehow he's free of any sizeable income tax burden ?
Guess what? someone turning a profit could own the same real estate and actually pay income tax.
Guess what? Most private CRE investors pay virtually $0 in taxes annually. That is why CRE is such an attractive investment vehicle. It is easy to defer taxes.
I am waiting for the day for libtards yo figure out the public cimpanies have an income statement and a cash flow statement.
https://www.forbes.com/sites/danale...ax-payment-even-more-scandalous/#54f8d3a12885
In fact, Trump is a multibillionaire, worth $2.5 billion, by our count. His portfolio, which includes commercial buildings, golf properties and branding businesses, is worth an estimated $3.66 billion before debt. The president has a fair amount of leverage—adding up to a roughly $1.13 billion—but not enough to drag his net worth below a billion dollars.
Using loopholes to avoid paying taxes; makes him a tax dodger period. Not paying his fair share of taxes, means less money for schools, defense, healthcare, roads and bridges. So, he is not only a draft dodger now, he is a tax dodger too!
No, it really doesn't. So called "loopholes" enable the economy to grow bigger, create more jobs and collect more taxes in the long run. You should understand this stuff if you trade. Have you ever even taken an economics course or read the wealth of nations?
You guys have a twisted logic. This guy cheated his contractors, and gamed the system!
Using loopholes to avoid paying taxes; makes him a tax dodger period. Not paying his fair share of taxes, means less money for schools, defense, healthcare, roads and bridges. So, he is not only a draft dodger now, he is a tax dodger too!
False.
What do you expect from a 1040ez filer.