Norman
Diamond Member
- Sep 24, 2010
- 31,254
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Now that Trump's tax record is released, I am mostly horrified at the complete lack of understanding of accounting or the tax code, by the truly regressive Clinton supporters . For years they have cried about the monolithic mess that is the US tax code, but it seems that they don't even understand the very basics. So please answer the simple question above.
Even worse, they seem to think that if a corporation loses a bunch of money, it should be obligated to still pay taxes when building back the lost assets, even though nothing was gained. This is at complete odds with ALL reputable accounting standards. These people are completely clueless morons speaking about things way out of their depth, it's hard to believe they can tie their shoes. It's painful to watch them demonstrate their ignorance regarding everything everyday.
Even worse, they seem to think that if a corporation loses a bunch of money, it should be obligated to still pay taxes when building back the lost assets, even though nothing was gained. This is at complete odds with ALL reputable accounting standards. These people are completely clueless morons speaking about things way out of their depth, it's hard to believe they can tie their shoes. It's painful to watch them demonstrate their ignorance regarding everything everyday.