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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]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] Oh, Please, Boris!! Repeating lies does not make them true, at least not in Amerika. The Orange Crook is headed for jail the second he leaves office. [/quote] I am perplexed by this attitude. It is excusable if you didn't know before it was revealed to you that it is normal to have two sets of books due to different accounting standards in the US for tax and business accounting. But then to call these simple facts as lies? This must be how it feels to confront flat earthers. [/quote]
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