A day after the New York Times reported Donald Trump paid just $750 in federal income tax in 2016 and $750 again the following year, the president took to his favorite medium to deny the claims. “I paid many millions of dollars in taxes, but was entitled, like everyone else, to depreciation & tax credits,” Trump said on Twitter in response to the Times’ story. While real estate developers have a number of special tax
source https://therealdeal.com/2020/10/01/heres-why-trump-loves-depreciation/
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