Trump is a poor businessman Great Basset Hound Dear Santa I Can Explain Christmas Sweater Shirt whose business constantly lose millions of dollars a year to earn credits, or a successful businessman and a tax cheat. Option Trump is a poor businessman AND a tax cheat, but a successful businessman and not a tax cheat is off the table. Getting sued by the IRS does not bode well for option a. congratulations to all that enabled this but even more congratulations to all who still bend over backward in order to find excuses for this man while at the very same moment he is taking your money right away from your pockets. But hey, he is just a billionaire, I’m sure he needs them more than you do, so keep looking for excuses.
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He paid 750000 to me as an outside consultant to his business which he can’t because she is an employee of the business. He paid claimed $100000 of hair and makeup styling (for ONE effing year!) for me as a biz expense. Apparently, he has less than $900000 in liquid assets and he has debts coming due Great Basset Hound Dear Santa I Can Explain Christmas Sweater Shirts next year. He owns much property (except the golf courses and trump tower which almost 100% leveraged). Every business he runs personally is failing except Trump towers. He makes money through licensing his name. Since all his property is almost fully mortgaged he really hasn’t any assets to speak of.