(May 9, 2019 at 8:38 am)chimp3 Wrote: I despise Trump but the media may be making an error. Claiming losses is not the same as losing profit. How do we know Trump did not profit 10 times his losses?
Money are not like electrons that pop in and out of existence, those losses affect someone, regardless if he benefits from it. Especially if tax laws allow him to claim them, that means that is money that the rest of society has to compensate for, or adds to the long term national debt. He has a long history of stiffing investors and contractors so it isn't just about tax laws.
