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]As an accountant I am not surprised by this number at all. He has lost a lot of money on a lot of businesses. Without more detail, the $750 has very little meaning. It's just being dropped to get people outraged[/quote]

You are so wise, and yet: 1) the number does have meaning on its very face about how much he paid and 2) read the article for lots and lots more detail.[/quote]

Also, it's the frequency with which this has happened.  One year = not concerning at all.  Two years = not a big deal.  [b]But 10-15 years in a row[/b]![/quote]

Spanning multiple administrations and others before that.  REIT-real estate investment trusts and the impact of depreciation - is one factor
https://www.realtymogul.com/knowledge-center/article/depreciation-taxes-reit-and-private-placement-investments#:~:text=How%20Shareholders%20of%20REITs%20are%20Taxed&text=In%20some%20cases%2C%20part%20or,capital%2C%20is%20non%2Dtaxable.

Then there is  EBITDA =Earnings Before  Net Income + Interest + Taxes + Depreciation + Amortization  Look at debt to equity ratios. [b] So whether an REIT or an LLc the partners, principals, promoters could have had AGI for 2018 that generated the 1200 or 2400 stimulus payments.[/b]

Other stuff- HHS audits on dispersed federal funds include NYC pre covid and childcare subsidies. https://oig.hhs.gov/oas/reports/region2/21702010.pdf
And the wealthy getting free medicare part A for spouses sans 40 quarters.

Perhaps unemployment could result in E verify? Reducing h 1b?

All above are  unintended pandemic bonus' for US citizens in all of this?

[/quote]

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