Quote:
Originally Posted by Got Stripers
I’m pretty sure if he didn’t commit tax fraud, he still did a lot wrong, you don’t file so many bankruptcy’s or end up paying the equivalent of a health care premium year after year without being a complete business failure.
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You're pretty sure? Here's this from an Oct. 4, 2016 WAPOST article:
"Donald Trump might have been able to avoid paying taxes on as much as $916 million in income over an 18-year period, according to documents the New York Times published over the weekend. The figure is a sensational one, but the Republican presidential nominee would be far from the only real-estate magnate to find ways of exploiting the rules to cancel tax bills.
The average firm in real estate development pays just over 1 percent of its income in taxes, according to data compiled by Aswath Damodaran, a professor at New York University."