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Started By
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re: Breaking: CNN reporting that 10 years of Trump’s tax returns have been given to the NYT.
Posted on 5/7/19 at 6:34 pm to Decatur
Posted on 5/7/19 at 6:34 pm to Decatur
quote:
Over all, Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years.
Ladies and Gentlemen, if you've ever operated a business you will immediately understand that this sentence means he has a record of 8 wins and 2 losses. I'm sure those losses were minuscule
1
Posted on 5/7/19 at 6:39 pm to Btrtigerfan
Profit and loss are simplistic accounting terms that only exist to report in an agreed upon fashion to the tax man, investors, and lenders.
See cash flows.
See cash flows.
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