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You must be talking about Krispy Christie......the guy is a shyster -- can talk around pretty much anything. Very untrustworthy. Spinning this as a positive for Trump.
Alas, Chris Christie, had such promise. Now he's shilling for Trump.
Rudy Giuliani went on ABC's This Week with a "series of gibberish filled lies that were intended to make Trump look smart by stiffing the American people of out paying his fair share of income taxes for decades, but instead showed why Trump is unelectable."
Bah ha ha ha New York time ba ha ha. You get your news from them?
ok, lets think about this.
The politicians make tax law,
Trump has been audited all the time.
Yet he is still a free man so obviously no wrong doing.
The tax code is used to encourage people to do what the government wants.
Investing in real estate / tax losses even you're land lord uses,
So Trump used the tax code to reduce his taxable income as anyone but you would do right?
If you are paying taxes, according to Trump, you are a chump.
If this was an owner of some mom and pop owned store, and they took a $50K loss, nobody would have an issue with them deducting it from their taxes. This is no different. The rules are the same for everyone, class warfare not withstanding.
Not exactly... NewGM's loss carry forward after bankruptcy, ordained by the Obama dynasty, truly was criminal.
If this was an owner of some mom and pop owned store, and they took a $50K loss, nobody would have an issue with them deducting it from their taxes. If you take a loss one year, then you are digging out of a hole before you are actually earning income again. Why should anyone have to pay taxes on money that is not really income?
This is no different. The rules are the same for everyone, class warfare not withstanding.
How much can America deduct when Trump causes our country huge losses just as he did with his businesses? Can anyone say..."Hoover?"
Bah ha ha ha New York time ba ha ha. You get your news from them?
ok, lets think about this.
The politicians make tax law,
Trump has been audited all the time.
Yet he is still a free man so obviously no wrong doing.
The tax code is used to encourage people to do what the government wants.
Investing in real estate / tax losses even you're land lord uses,
So Trump used the tax code to reduce his taxable income as anyone but you would do right?
If this was an owner of some mom and pop owned store, and they took a $50K loss, nobody would have an issue with them deducting it from their taxes. If you take a loss one year, then you are digging out of a hole before you are actually earning income again. Why should anyone have to pay taxes on money that is not really income?
This is no different. The rules are the same for everyone, class warfare not withstanding.
No, because of course if you take a loss of $50k and you're a normal person with a small business and a mortgage, then paying taxes on such a loss would put you out on the street if you aren't there already.
If you're a supposed multi billionaire who's just run three huge businesses into the ground and yet you still live like a small nation dictator for the next 18 years, contribute nothing, rip off people who do work for you - and then have the chutzpah to ask to be elected POTUS so you can make sure you always have these advantages - then yeah, that's different.
Correction: if a businessman loses 1 billion dollars, he is really bad at what he does.
Correction: all businesses have years of loss and gains thus making the overall condition of the business impossible to determine based on a single year of tax returns.
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