2016 Postmortem
Related: About this forumI can't fault Trump for not paying taxes he didn't owe, BUT...
... do we want a person with the values to set this up be in charge of closing down tax loop holes?
The REAL story is what did he have to do to sustain that loss? How many bankruptcies? Etc., etc. Was THAT legal? For sure it wasn't fair.
tammywammy
(26,582 posts)Get a free ride for 18 years?
cilla4progress
(24,724 posts)Winner! He lost $916 million??? How does that square?
Agschmid
(28,749 posts)The real story is his undervalued properties.
dem in texas
(2,673 posts)I have used the loss-carry forward option on our tax return years ago when we were farming and had some rental properties, it is common and available to everyone who operates a business. The thing that is mind boggling is the amount. This is a man who puts himself out as being so good at deals and business, but has this huge loss all in one year. It shows that he has terrible judgment in his business dealings. Think if he used the same bad judgment if he were the Pres. and dealing with some international crisis.
DUgosh
(3,055 posts)Because everything Hillary has been accused off has been deemed legal also
mucifer
(23,522 posts)that's the point Sanders is making. It's a powerful meme and I hope it catches on.
It's important to change his "populist" persona. It may get some trump supporters to change their votes.