LuckyNumber7
Blue Crack Addict
What do you mean?
Sent from my iPhone using U2 Interference
It was a joke, based upon the release of this news:
The NYT just got ahold of his 1995 statement.
He reported a loss of over $900m, and effectively removed his federal tax liability for 18 years.
If there's anything that should get the rest of us angry (i.e., those of us who don't live off family wealth), is that such a thing is possible. Byzantine tax laws are taken advantage of by our effectively landed gentry so they can avoid paying taxes. These are our welfare cheats, the ones who game the system. These are the takers. And it's legal.