Donald Trump blames ‘write offs’ and ‘depreciation’ for $1 billion in business losses
WASHINGTON – President Donald Trump blamed “write offs” and “depreciation” for millions in business losses in the 1980s and 1990s after the New York Times exposed details of his tax returns.
The story states Trump’s businesses lost more than $1 billion from 1985 to 1994 – and he was able to avoid paying taxes in eight of those ten years. Trump disputed the Times story but did not specify his objections.
It is like going to a buffet and not eating everything that they offer. He paid for the meal, so why not??
Only a fool would not take advantage of the tax laws. PDT may be a lot of things, BUTT he ain’t no fool.