Post Profile

The Real Scandal Of Trump Paying No Taxes

According to the New York Times, Donald Trump declared a $916 million loss on his 1995 tax returns -- which could have allowed him to legally avoid paying any federal income taxes for 18 years. The loss stemmed from Trump's investments in the early 1990s. Ordinary investors in Trump's business empire saw the value of their shares plunge to 17 cents from $35.50, bondholders got pennies on the dollar, and scores of contractors went unpaid.
read more


Related Posts

Is the austerity crisis beginning?

Business & Finance : Ezra Klein

Throughout the fall, there's been a pretty big disconnect between businesses and consumers on the looming tax hikes and spending cuts. Business leaders have been generally fretful, some more vocally than others, and business investm...

Mitt Romney Has Money in the Caymans

News : NYMag: Intelligencer

According to ABC News, here's another reason Mitt Romney might have been reluctant to release his tax returns, and even now seems unwilling to release returns from years past: In addition to paying the lower tax rate on his investme...

Hedge fund divorce battle cost charity $2 million in legal fees

Business & Finance : Business Insider: Clusterstock

LONDON (Reuters) - Hedge fund manager Chris Hohn's divorce from ex-wife Jamie Cooper cost a charitable foundation they jointly set up more than $2 million in legal fees, its annual report showed. The $4.4 billion Children's Investme...

Grant Williams Warns Of Looming 'Wealth Tax', Says "Own Physical Gold, Not ETFs"

Business & Finance : Zero Hedge

Grant Williams, strategy advisor to Vulpes Investment Management and co-founder of Real Vision Television is always worth the read or listen, and he sat down for an interview during his time at this year's Mauldin Strategic Investme...

5 Shady Financial Tactics Employed By Mitt Romney

US Politics / Liberal : ThinkProgress: Justice

After significant pressure, Mitt Romney released two years of his tax returns, which showed, among other things, that he pays a lower tax rate than many middle-class families and has employed a Swiss bank account to hold his investm...


Copyright © 2016 Regator, LLC