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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's taxes
10 out of the 15 years before Trump became president he paid zero federal income tax. In 2016 and 2017 he paid 750 dollars.
Why do I find this odd? I do my taxes every year, by paper, and I never come up with the exact same federal refund from 1 year to the next.
So first of all, I am asking, is it not odd that Trump paid the exact same amount of taxes in 2016 and 2017?
Second, those 10 years he paid no tax, were those 10 years evened out to zero? Did he get a little bit of money back? If Trump's 10 years of not paying taxes came out to zero, is that not odd?
Any tax experts out there?
Bluethroughu
(5,141 posts)Definitely a red flag.
drray23
(7,616 posts)He took advantage of a tax law allowing for deducting certain losses related to depreciation of real estate properties. That tax deduction can be spread over many years and potentially gets you below zero each of these years.
The part where he is in trouble is that in order to get those deductions he misrepresented the value of his assets.
gab13by13
(21,256 posts)Why not 750 one year and 850 the next year?