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Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by CamperBob2 on Sunday September 27, 2020 @08:06PM (#24611389)
To play devil's advocate, at what scale should I instruct my CPA not to take every deduction I'm entitled to?
Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by acdha on Sunday September 27, 2020 @08:15PM (#24611466)
When you’re portraying yourself as a billionaire you can afford to pay for your own hair stylist.
Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by wwright on Sunday September 27, 2020 @08:10PM (#24611427)
In my opinion: when you could be paying tens of thousands or more to support others, instead you are paying $0, and you know other people who barely make half the median household income are paying 20–30% of their total income.

Do these rules exist for other people? Yes! Is he possibly only taking advantage of what others allow him to do? Sure! Is it still selfish and trivially anti-social? Yes.

If they made it legal for billionaires to steal cars off the street, it would still be shitty for them to steal cars.

Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by dathanb82 on Monday September 28, 2020 @12:15PM (#24618242)
If you make half the median national household income, you’re making about $30K, and your effective federal tax rate is barely over 14%. Your 20%-30% scenario doesn’t seem to add up.
Re:Trump’s Taxes Show Chronic Losses and Years of Income Tax... by digitaltrees on Tuesday September 29, 2020 @04:40PM (#24632687)
The evidence indicates that Trump is literally inventing fake deductions.