Reply to More Trump fraud: businesses keep 2 sets of numbers, one for taxes, the other to get loans

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[quote=Anonymous][quote=Anonymous][quote=Anonymous] [quote=Anonymous][quote=Anonymous]All large businesses maintain two sets of books. This is a simple fact of life for businesses in the US. It is discussed in Managerial Accounting courses in any college/university. This is because tax law and GAAP do not have to use the same basis for accounting.

Seeing liberals hyperventilating about a completely normal thing is par for the course.[/quote]

I recognize your writing - weren't you part of the accounting team in Enron?[/quote]

:)  :D  :lol:  :lol:  :lol:  :lol: [/quote]

Why are [b]liberals so eager to demonstrate their ignorance and contempt for real actual knowledge.[/b] Two sets of accounting books being normal isn't some loophole or nefarious behavior, it simply reflect that the US government uses different accounting requirements than banks. It's like a runner using different shoes for trail running and pavement running - it just is. [/quote]
Tell me again how global warming isn’t real because 3% of engineers say it isn’t and how an embryo is the exact same thing as a term fetus. :mrgreen:

There are just so many ways the Drumpfs commit crime.[/quote]

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