Reply to Someone leaked Trump's 1995 tax returns

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It is legal and that is what matters ...... I say this as a liberal who uses every available loophole and strategy to pay as little in taxes as I can.

Who in their right mind would forgo legitimate deductions to pay more in taxes than they should? Trump can be faulted for many other things but minimizing his taxes using legitimate methods is not one of them.[/quote]

If he's taking a loss on paper for 18 years, then he doesn't look like such a successful business man.  But I think his problem is deeper than that.  He's probably taken illegal deductions and doesn't want to be found out.[/quote]

How good a businessman he is has nothing to do with claiming legitimate tax deductions. He may be a great businessman or a lousy one - that is neither here nor there in relation to whether he avoids taxes through the use of loopholes or other tax strategies.

Given that he is audited frequently, if he does something illegal, it will surface during an audit. I speak from personal experience - I have been audited in multiple years when I paid little or no taxes through claiming write-offs and other strategies. A minimal tax liability when one has sufficient income is a red flag for the IRS.
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