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Started By
Message
re: BOMBSHELL by the NYT has dropped
Posted on 10/31/20 at 1:05 pm to NashvilleTider
Posted on 10/31/20 at 1:05 pm to NashvilleTider
Let’s see if Twitter’s policy on “hacked” information is consistent
0
Posted on 10/31/20 at 1:07 pm to NashvilleTider
So he used the laws that Biden and other representatives wrote to his advantage like every American does.
OH THE HUMANITY
OH THE HUMANITY
Posted on 10/31/20 at 1:08 pm to NashvilleTider
“Trump uses tax advantages that lawmakers have had in place for years”
Posted on 10/31/20 at 1:12 pm to NashvilleTider
Yeah that will surely move the needle.
Posted on 10/31/20 at 1:14 pm to stelly1025
fricking dud lol.
Posted on 10/31/20 at 1:19 pm to NashvilleTider
.....so he followed the tax code and paid the taxes that were due?
Posted on 10/31/20 at 1:34 pm to NashvilleTider
....OMG they got him!!
Oh the humanity!!
yawn
Oh the humanity!!
yawn
Posted on 10/31/20 at 1:39 pm to NashvilleTider
So he used the laws that Biden helped pass, to lower his tax rate.
What an underhanded way to stay competitive in the business world.
What an underhanded way to stay competitive in the business world.
Posted on 10/31/20 at 1:46 pm to NashvilleTider
quote:
Mr. Trump’s tax records show that in 2017 he used at least $1.5 million in historical preservation tax credits. That was one of the reasons his federal income tax bill that year was only $750.
So it's fix up old buildings, take a tax credit and get shite on for it.
Posted on 10/31/20 at 1:47 pm to Gus007
quote:
So he used the laws that Biden helped pass, to lower his tax rate.
And Bill Clinton.
Posted on 10/31/20 at 1:48 pm to NashvilleTider
They got him now.
Him and every business owner in America.
Him and every business owner in America.
Posted on 10/31/20 at 1:56 pm to Frank Black
quote:
Frank Black
Just stopping in to apologize again Frank. I have not posted since the offensive one yesterday.
I truly felt bad and wanted to assure you that I did not read your post before replying. It was a terrible decision.
I have added you, your child, and your family/friends to daily prayers. I do not expect forgiveness, but wanted to let you know how I feel.
Posted on 10/31/20 at 1:59 pm to NashvilleTider
Orange Man
Good
[Bad]
Good
[Bad]
Posted on 10/31/20 at 2:00 pm to NashvilleTider
So he did everything legally?
Shocking
Shocking
Posted on 10/31/20 at 2:09 pm to GoldenGuy
quote:
So he did everything legally?
I heard he used "accounting" to do it.
Posted on 10/31/20 at 2:14 pm to TigerCoon
He used deductions. He’s going to jail.
Posted on 10/31/20 at 2:15 pm to NashvilleTider
quote:
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."
So called? I'm not even a tax CPA and I know about those expenses.
The idea that this is a bombshell is hilarious, hell the IRS actually has written how you can depreciate for tax basis.
Posted on 10/31/20 at 2:16 pm to TigerCoon
(no message)
This post was edited on 1/11/21 at 12:16 am
Posted on 10/31/20 at 2:18 pm to Scruffy
This is embarrassing.
Posted on 10/31/20 at 2:20 pm to bbrownso
quote:
Depreciation is the ultimate tax shelter, critics say,
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