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Comments by "" (@badluck5647) on "Michael Cohen responds to his name being invoked at Trump civil trial" video.
@Steven-lk2ub A tax loss carryover is pretty basic accounting. The IRS lets a failing business move a tax loss to future years to offset a profit. They do this to help failing businesses recover. Basically, the Trump Casinos lost so much money that Trump couldn't earn enough income for over a decade to qualify to pay taxes.
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@LK-bz9sk Ask yourself, why did Trump sue the NYT for having his tax returns instead of for lying about having them?
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@debbiegoodine5037 A tax loss carryover is pretty basic accounting. The IRS lets a failing business move a tax loss to future years to offset a profit. They do this to help failing businesses recover. Basically, the Trump Casinos lost so much money that Trump couldn't earn enough income for over a decade to qualify to pay taxes. Trump isn't committing tax fraud, and he isn't a genius at finding tax loopholes. He just got a tax break for being a bad businessman.
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@dickjones8119 Not irrationally mad enough to send a mob to attack the capital.
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