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Reply to "The BIG ONE: 20 years of Trump taxes obtained by NYTs"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]In short, he’s a crook! $750 in taxes paid the year he won presidency! https://www.nytimes.com/interactive/2020/09/27/us/donald-trump-taxes.html?referringSource=articleShare[/quote] How much should he have paid?[/quote] If he's really a billionaire, more than $750, don't you think?[/quote] Taxes are based on income, not assets or wealth. As a real estate developer/investor, Trump would have significant depreciation and loss carry forwards that would allow him to dramatically (and legally) reduce his taxable income to include showing a loss. DH and I have a very similar tax situation.[/quote] For 18 years? Are you kidding me? That's not how taxes work. Seriously.[/quote] This. [/quote]
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