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Discussion and Debate
Discussion and Debate
Politics
American Politics
If Donald Trump really doesn't pay federal income tax...
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<blockquote data-quote="Hank77" data-source="post: 70231593" data-attributes="member: 378311"><p>That second link is quite the eye opener, especially the comments made by Trump's old accountant.</p><p></p><p><em>Mr. Mitnick said he clearly grasped the critical role taxes would play in helping him build wealth. “He knew we could use the tax code to protect him,” Mr. Mitnick said.</em></p><p><em></em></p><p><em>According to Mr. Mitnick,<strong> Mr. Trump’s use of net operating losses was no different from that of his other wealthy clients. </strong>“This may have had a couple extra digits compared to someone else’s operation, but <strong>they all benefited in the same way</strong>,” he said, pointing to the $916 million loss on Mr. Trump’s tax returns.</em></p><p><em><a href="http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?_r=0" target="_blank">http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?_r=0</a></em></p><p><em></em></p><p>This is just tax code that benefits real estate owners, such as rental units, etc.</p><p>There are many, many rules that benefit and protect other industries from paying taxes.</p></blockquote><p></p>
[QUOTE="Hank77, post: 70231593, member: 378311"] That second link is quite the eye opener, especially the comments made by Trump's old accountant. [I]Mr. Mitnick said he clearly grasped the critical role taxes would play in helping him build wealth. “He knew we could use the tax code to protect him,” Mr. Mitnick said. According to Mr. Mitnick,[B] Mr. Trump’s use of net operating losses was no different from that of his other wealthy clients. [/B]“This may have had a couple extra digits compared to someone else’s operation, but [B]they all benefited in the same way[/B],” he said, pointing to the $916 million loss on Mr. Trump’s tax returns. [URL]http://www.nytimes.com/2016/10/02/us/politics/donald-trump-taxes.html?_r=0[/URL] [/I] This is just tax code that benefits real estate owners, such as rental units, etc. There are many, many rules that benefit and protect other industries from paying taxes. [/QUOTE]
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If Donald Trump really doesn't pay federal income tax...
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