Now we know why Trump has spent Stitch Hug Pizza Papa John’s Shirt so much time playing golf during his term. It’s because he won’t be able to afford the country club fees when he gets voted out! Edit: Woah! Thanks for my first gold! To all the galaxy brains in this thread claiming that it’s not a big deal because it’s all just making use of legal loopholes and therefore nothing more than smart business practice. Trump claimed a 72.9 million dollar tax refund for abandoning his stake in the Atlantic casino. He then went on to receive stock in the new company that was founded after the casino went bankrupt.
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You can’t do that after claiming you’ve abandoned your stake. Hence why he has been in a dispute with the IRS for about a decade now, which he has been Stitch Hug Pizza Papa John’s Shirt able to drag out because of his expensive lawyers and the fact that he became president. If he loses, he could be on the hook for about a hundred million dollars. Does that sound like proper accounting for you? Also revealed in the NY Times article is the fact that he paid his daughter Ivanka about 750k for consulting work on projects she wasn’t working on as a consultant. He then claimed that cost as a tax deduction. That is downright fraud and goes way beyond simply minimizing one’s taxes.
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