Trump Taxes
2020-09-28 19:23:54.411723+02 by Dan Lyke 0 comments
Everyone with a pulse has seen New York Times: The President’s Taxes — Long-Concealed Records Show Trump’s Chronic Losses and Years of Tax Avoidance
Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750.
He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
It's interesting not just because of the tax avoidance, but because there are a lot of outstanding debts there, and interesting side revenue streams.
But one of the strategies he may have used for tax avoidance involves claiming 10x the purchase value on donations of failed ventures... A Failed Trump Golf Course Is Now a Dilapidated State Park – but Is It Worth $26.1 Million?.
And, just because I was gonna use the "They made Carter sell his peanut farm" trope, but went to verify. From a year ago: The story of Jimmy Carter’s peanut farm is a bit more complicated than you may have heard