The MSM and idiots galore are having an organism! Trump had according this article:
The Times, which hired tax experts to analyze the records, determined that “tax rules that are especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period” -- more than $50 million a year.
Bombshell report on Trump taxes sends GOP nominee reeling
Now think just for a moment. Trump had according to the above "experts" then $50 million a year in
Taxable income to not pay taxes on! OH MY GOODNESS!!!
hmmm....
Let's see.. Assume Trump had businesses with total assets of $2 billion for those last 18 years.
And if Trump earned the average annual returns in long-term
real estate investing vary by the area of concentration in the sector. Average 20-year returns in the
commercial real estate slightly
outperform the S&P 500 Index, running at around 9.5%.
Investopedia What average annual return is typical for a long term investment in the real estate sector?
HMMMMM...
Average real estate holdings of $2 billion over 18 years at 9.5% equals $190 million a year!
$190 million in ROI (for you dummies... Return on Investment) with operating expenses of 50%
leaves $95 million taxable income LESS the notorious $50 million TAX LOSS carry forward LEAVES
$45 million TAXABLE INCOME you idiots!
THAT IS IF HE COULD EVEN WRITE OFF $50 MILLION A YEAR IN LOSSES!