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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (198944)4/15/2021 7:34:27 PM
From: i-node  Respond to of 358862
 
>> That, of course, is not the way things turned out—even setting aside the fact that Trump used accounting maneuvers to lower his own federal income taxes in 2017 to $750, according to documents obtained by the New York Times.

This is a lie.

"Accounting maneuvers" are the product of tax law, not accounting standards.

If you would care to explain what "accounting maneuvers" you believe should not be used, simply state the details and will disabuse you of the notion you know anything about this subject.

I honestly don't know what you do for a living, but I can assure you that you avail yourself of every "accounting maneuver" the IRS allows for deferring income or minimizing taxes. If you'd care to you post or send me your tax returns, I will gladly explain to you and the thread the legal basis for having done so. You may want to start with using the cash method of reporting your income.