Tuesday, October 4, 2016

Trump tax dodge common business strategy among housing types

Republican presidential candidate Donald Trump’s method to legally avoid federal income taxes for up to 18 years after suffering a $916 million business loss in 1995 is based on the same law that prevented many housing companies from going out of business less than a decade ago. In fact, one lawyer said back when this was going on that the law was most applicable to homebuilders.

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