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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (1162101)	9/5/2019 11:18:56 PM
From: i-node	1 Recommendation Recommended By TideGlider Read Replies (1) \| Respond to of 1576251

I read that article. It was incompetent. The amount of a Net operating Loss is never affected by loans. Only it’s deductibility is. Trump was penniless in the year of claiming the NOL because he put everything he had into REPAYING loans. But that loss was carried back three years and, if you know anything about the matter at all, was carried forward for about ten years. I doubt he could have borrowed much money at that point, but if he could and he wanted to that would in no way be a tax dodge. There is certainly no evidence to suggest a shortage of basis at any time. The man lost a billion dollars of his own money. If he borrowed money then used to pay off creditors, it is more net operating loss. This is why the media should never be trusted with a president's tax return information. They can weaponize it and the public has no idea what it all means.