The losses really show what's behind the whole weirdness of the Trump Foundation. That NOL likely meant that he wasn't going to get any deductions from donating to his charity (so he didn't), while directing people to donate directly to the foundation rather than paying him would have preserved the amount of NOL he had available to cancel out his income. As well, if that's the case, then the fact that he's still not donating to his charity means that it's possible that he's still not paying taxes.
|