LogFAQs > #945155512

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Topic	SCOOP: Trump paid just $750 in federal income taxes in 2016, the year he won.
Cacciato 09/27/20 5:48:28 PM #7:	This is just one example of how much of a shitshow the Tax Code is. theres a reason why I didnt stick with accounting after I got my degree. Accountants dont make what they make because theyre good at math, its because theyre able to manipulate every little loophole in the Tax Code. So when corps can carry losses over to the next several years it doesnt surprise me that someone like Trump, with all his business failures, managed to avoid paying income taxes. <cite>Cacciato posted [p:945155512] in SCOOP: Tru... [t:79003402]...</cite> <quote>This is just one example of how much of a shitshow the Tax Code is. theres a reason why I didnt stick with accounting after I got my degree. Accountants dont make what they make because theyre good at math, its because theyre able to manipulate every little loophole in the Tax Code. So when corps can carry losses over to the next several years it doesnt surprise me that someone like Trump, with all his business failures, managed to avoid paying income taxes. </quote> ... Copied to Clipboard!
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