Does Bill and/or Hillary use accountants to make sure they do not over pay?

[Hyperthetic]

Originally Posted by BentBow

There are those that take enormous risk and it pays off and there are people that take risk after risk and some pay off. Then some people take one risk and work it to their best ability and it pays off.
Then, there are some that take risk after risk and none pan out. Some damn good ideas, just didn't have the right people to pull it off. Kinda like our government.

Very good astutation!

Astutity so.

[jm1982]

Originally Posted by banjomike

He wrote off a Billion Dollar Loss on his taxes.

If that is the mark of a genius to you, you're wired backwards. Who in their right mind would create a risky scheme that lost a Billion Dollars? Someone who should never be able to jeopardize an investor, that's who.

Trump is no genius. He's a born-rich dolt who has been irresponsible his entire life.

Why do people continue to deals with him then ?
Nobody is forcing anyone to invest with Trump .
When people invest they take a risk , no risk no rewards .
If Trump committed fraud he should suffer and go to jail
But if a business didn't go as planned , the investors signed up for that risk when they signed the contract .
If someone wants a safe guaranteee return they can get one ... for about 1/2 percent interest at their local bank

[Hyperthetic]

Originally Posted by banjomike

He wrote off a Billion Dollar Loss on his taxes.

If that is the mark of a genius to you, you're wired backwards. Who in their right mind would create a risky scheme that lost a Billion Dollars? Someone who should never be able to jeopardize an investor, that's who.

Trump is no genius. He's a born-rich dolt who has been irresponsible his entire life.

That's only true.

[nononsenseguy]

Originally Posted by middle-aged mom

The tax code has long favored low income earners with dependents and very wealthy with certain Capital Gain situations.

Why would anyone begrudge another from using the tax code to reduce their tax obligation?

What matters is the size of Trump's loss.

What matters is Trump's 6, count them, 6 bankruptcies between 1991-2007, the first occurring less than 1 year of opening the Taj Mahal.

The most recent one also resulted in being removed as Chairman of the Board of his own company.

What's done is done. What is far more alarming is the unprecedented conflicts of interest a Trump win would mean. He owes $ billions to domestic and foreign banks. He has properties in the Middle East. What happens when the next Trump adventure blows and has to file for bankruptcy once again.

How many basis points off the interest rate on his loans will he get by repealing Dodd- Frank or closing an investigation of a bank he owes serious money to?

Why is he advocating for less banking regulation?

Relinquishing control of the empire to his children does nothing to avoid conflicts of interest.

On the flip side Hillary was an idiot for not closing the Clinton Foundation while SoS to avoid creating a perception of a conflict of interest. Instead they solicited donations from people who might reasonably expect quid pro quo. No way to prove or disprove Pay for Play. She deserve every bit of flack that comes her way because she did not avoid situations that created perceptions of conflict of interest.

Has Trump filed personal bankruptcies? I didn't know that. Do you have some link or something to substantiate your claim?

What Trump has done is buy failing businesses, then filing bankruptcy in order to save those companies (and probably some jobs too).