Yet you haven't shown how a trust managed by a corporation is cheating. The IRS rule is if you touch the trust monies you owe taxes. I never touch trust funds.
The corporation does pay federal tax, $180,000.00 on $4.5M, or 4%. Which is why the rich and wealthy ALWAYS funnel monies through corporations.
You're the one who said a corporation owned by a trust is cheating, dumb ass. Why would I want to show that? I don't think anything is wrong with it.
You're going in circles. The question was how you live. You said you write off all your costs of living as corporate expenses. Which again shows what a liar you are. You can't do that and no professional lawyers, accountants and trust managers are letting you. We covered this, liar
You're the one who said a corporation owned by a trust is cheating, dumb ass.
Where did I write that?
I see, you write your crap, you don't read it, huh?
I said nothing is wrong with trusts, I just said you're not a CEO, which obviously you're not. All you've shown so far is you're a tax fraud who has your company pay your living expenses as business expenses. You're lucky you're lying or you'd be going to jail
How am I a tax fraud? Show me the law I'm breaking.
I've NEVER written a corporation owned by a trust is cheating.
I've explained it what, 10 times? You said you don't pay taxes, you charge your living on your credit and debit cards which your companies pay for. You can't do that with your personal expenses, it's tax fraud.
You also said you don't pay taxes, which again is impossible since again you have to remove money from your trust to live and if you remove money from your trust, bam, you have to pay taxes on it.
You're a terrible liar and you don't even understand corporations or trusts. Trusts can delay taxes, they can't avoid them. The rubber hits the road when you have to live. And according to you, you make $4.5 million and live on zero other than expenses you write off in your company.
Tax fraud, pure and simple. Republicans didn't OK that, no one did. You're either a liar or you're writing this from a jail cell. No tax attorney, CPA or trustee is going to sign off on your committing tax fraud. They'll end up in the next cell.
Of course you're not in jail, you made the whole thing up. You're a terrible liar. MS-NBC filled you with vague ideas without context or completeness of what CEOs do and you ran to the nearest messageboard and made up that is what you do.
No, it's not. No one does. Stop listening to leftist mouthpieces, they are lying to you