Trump Tax Strategy Revealed
We all hate taxes and use every lawful mechanism available to reduce our liability if we have taxable income or above minimum requirements. Presumably, Mr. Trump has utilized legal tax laws to justify a 915MM dollar net operating loss carry-forward to reduce his future liabilities although we do not know if these numbers are accurate without an audit being performed that is shared with the American public. This audit could become a case study of why our Internal Revenue er, Federal Reserve tax code must be thrown out. Clearly the Clinton, Cuban, Bush, Kennedy, Buffet, Gates families are also exempt through creative tax avoidance strategies or else they would not have foundations to shield their income. This election should become a referendum against any legacy or high net family foundation who avoids our tax system through these provisions. This writer submits that Congress enacts laws that protect the privileged, including themselves, at the expense of the American people. The time has come to throw out the IRS and all its political corruption and enact a flat tax on consumption. We have the technology to do so and the time has come for every American to contribute our fair share to this great nation our forefathers fought to bestow upon us, everyone.