Redfish
Diamond Member
Donald Trump 1991 House hearing US Economic | User Clip | C-SPAN.org
he got what he wanted from Congress, and a couple of years later, he used the loophole congress put in for him....and took a tax write off for nearly a billion dollars for his bankruptcy, money that was never his in the first place...he borrowed the billion and owed the banks for the billion yet took the billion as a tax write off for the next 10 years as if it was money he had lost, but it was the bank that loaned him the money that lost the money through him declaring bankruptcy.... oh and not only did he get to write off the borrowed money that was never his, the bank got to write off the same money....
one whopper of a loophole.... thank Mr Trump for that going in to our tax code.
so he used congress to his advantage. Are you really so naïve that you think he is the only businessman ever to do that? Nothing he did was illegal. However, when the Clinton foundation took bribes from foreign interests in exchange for favorable state dept treatment that was illegal. But you don't care about that, right?