lannarebirth Posted March 19, 2019 Share Posted March 19, 2019 56 minutes ago, spidermike007 said: In the law business there are certain types of avoidance that essentially are seen or construed as an admission of guilt. There are very good reasons why he will not release his tax returns. 1. No payment of taxes for over a decade. He essentially admitted to using the losses from his massive bankruptcies and bad deals as write offs. Legal yes. Ethical? Subjective. I think not. But, ethics has never been paramount at Trump International. Of course it is both ethical and legal to utilize operating loss carry forwards and capital loss provisions on tax returns. The question that needs to be answered is were the value of the losses reported properly? If not, that's illegal. Also, dd he drive a business to fail in order to create the reported losses. I don't think that's illegal but it would be unethical. Link to comment Share on other sites More sharing options...
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