Home › Forums › Political Corner › How does Trump have his businesses legally structured?
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IGMOW (I Go My Own Way) 3 years, 4 months ago.
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Trump doesn’t want any potential voters to know that despite being a billionaire, he pays a lower federal tax rate then they do.
And releasing the returns will show that he pays for millions of dollars of personal expenses through his businesses without having to claim that money as personal income, then pay taxes on it.
In the last debate, he said his not paying any taxes made him “smart”. He said, if he had paid taxes, it would of been wasted. Trump made himself his business, and can end up saying all his personal perks and imaging is to help his business. It relates to how he has his name on anything. Such proves a complication if he ever became president, because his name is everywhere with his business. It is really hard to separate his business from himself, because he set it up this way. Conflict of interest? Well, Trump believes everything that would benefit him, would benefit America, so there isn’t a thing as a “conflict of interest” here.
"I am my own thang. Any questions?" - Davis S Pumpkins.
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