Trump advertises himself as a self-made billionaire but in reality, he is a grossly incompetent businessman who only paid $750/yr in taxes due to his utter failures and losses. He’s a morally and financially bankrupt treasonous conman, snake oil salesman, and right-wing gangster.
This may be why @realDonaldTrump has potential legal problems. If you claim massive losses to avoid paying federal income taxes but inflate your revenues and assets on bank documents for loan purposes, wouldn’t that constitute fraud?
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Depreciation can be a huge tax deduction and can result in tax losses that can be carried forward.
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Tax and financial fraud. Big big issues at a state and federal level.
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RICO too!! This guy is going to jail!!
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Imma steak dat.pic.twitter.com/sge83JuiLF
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Trump-O-Matic Featuring: *GlowUp* A high-temperature cycle for tax returns. *LawBeGone* A stain eradicator. Very effective on 229-year-old documents and subpoenas. *Legit* A money laundering turbo wash which eliminates crime from any currency.
#TrumpTaxReturnspic.twitter.com/7SF5oxoS5h
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Banker here. Fraud 101.
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Public Citizen Here, Consequences?
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