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Medical_miracle
Kurra Bewarse
Username: Medical_miracle

Post Number: 1820
Registered: 08-2020

Rating: N/A
Votes: 0

Posted on Sunday, September 27, 2020 - 8:18 pm:   

$70k tax deduction just for Haircut for preparation of show apprentice....CLIPART--bounce2

https://www.nytimes.com/2020/09/27/us/trump-taxes-takeaways.html

key facts:

->Mr. Trump paid no federal income taxes in 11 of 18 years that The Times examined. In 2017, after he became president, his tax bill was only $750.

->He has reduced his tax bill with questionable measures, including a $72.9 million tax refund that is the subject of an audit by the Internal Revenue Service.

->Many of his signature businesses, including his golf courses, report losing large amounts of money — losses that have helped him to lower his taxes.

->The financial pressure on him is increasing as hundreds of millions of dollars in loans he personally guaranteed are soon coming due.

->Even while declaring losses, he has managed to enjoy a lavish lifestyle by taking tax deductions on what most people would consider personal expenses, including residences, aircraft and $70,000 in hairstyling for television.

->Ivanka Trump, while working as an employee of the Trump Organization, appears to have received “consulting fees” that also helped reduce the family’s tax bill.

->As president, he has received more money from foreign sources and U.S. interest groups than previously known. The records do not reveal any previously unreported connections to Russia.
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