All of that being said, I Official Smallville 19th Anniversary 2001 2020 Thank You For The Memories Signature Shirt would expect to see some income being picked up somewhere here. Even in the 80s and 90s as his brand was expanding, Trump was not building enough to be writing off billions due to depreciation alone. His interest expense was high, meaning much of his operating cash was likely coming from loans and not actual operating income. I obviously have not seen all the details but this pattern of losses is indicative of a business with serious leverage and liquidity issues. I frankly don’t really care about Trump’s business acumen. Seeing high-level figures like this gives us an idea of how his businesses were operating (poorly, it would appear, but there is no way to say for sure).
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I frankly don’t really Official Smallville 19th Anniversary 2001 2020 Thank You For The Memories Signature Shirts care about Trump’s business acumen. Big businesses can run consistent losses by expanding rapidly. And expensing costs upfront see Amazon’s $0 in tax paid for 2018. Even in the 80s and 90s as his brand was expanding. Trump was not building enough to be writing off billions due to depreciation alone. His interest expense was high, meaning much of his operating cash was likely coming from loans and not actual operating income. I’m sorry but that is a lot of text to just bull away from his income tax. You don’t need to see 1040, the data is here in the article, you don’t need to pretend it’s ok.
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