So the answer why Trump has fought so hard to release his tax returns? He's been running two sets of books. https://www.propublica.org/article/trump-inc-podcast-never-before-seen-trump-tax-documents-show-major-inconsistencies/amp?__twitter_impression=true …
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Replying to @emptywheel @normative
Almost all businesses run two sets of books, because tax laws differ from accounting practices He very well may have violated one or both standards, but should probably note that this is a common practice
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The discrepancies are “versions of fraud,” said Nancy Wallace, a professor of finance and real estate at the Haas School of Business at the University of California-Berkeley. “This kind of stuff is not OK.” 'Common practice'pic.twitter.com/VkR80fjEBN
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Well, if you’ve got a gif, I guess that settles it
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Replying to @J_RtheWriter @Faux_Schlmoe and
Also a quote by a tax law professor. But that required reading.
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Snark is easy. Try using your brain. It’s entirely possible, no probable, that Trump has committed fraud. My point is that having two sets of books isn’t the odd thing. The article should state that more clearly
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