Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows | A previously unknown focus of an I.R.S. audit is a dubious accounting maneuver that effectively meant taking the same write-offs 2x

@[email protected] · 7 months ago

Trump May Owe $100 Million From Double-Dip Tax Breaks, Audit Shows | A previously unknown focus of an I.R.S. audit is a dubious accounting maneuver that effectively meant taking the same write-offs 2x

@breadsmasher · 7 months ago

There was an article somewhere showing that if trump had taken all the money he inherited and put it into an index fund, he would have vastly more money than he has now. He maybe “rich” but its from a dwindling inheritance and not savvy business.

If we now also take into account all the additional money he should have paid in taxes and hadn’t, how much did he really “make through this business”.

@[email protected] · 7 months ago

If you ‘Back The Blue’ you should be cheering the IRS,

@[email protected] · edit-2 7 months ago

It’s the true patriot who gets a parking ticket and says “Hooray! The system works!”

themeatbridge · 7 months ago

Yet another thing most people would go to prison for.