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octothorp · 10-09-2016, 01:28 PM

So this will likely get lost in all of the other debate in the media, but this article links those huge tax breaks that Trump received in part to Trump's shady practices of not paying contractors.

http://fortune.com/2016/10/08/donald...s-contractors/

Short explanation:
1. Get contractors to perform the work, and invoice for the full amount.
2. Claim those invoices as part of a business loss, creating huge tax breaks.
3. Only pay back a portion (30%) of the invoices, but still keep the full tax break created.

10-09-2016, 01:28 PM	#1176
octothorp Franchise Player Join Date: Oct 2002 Location: not lurking Exp:	So this will likely get lost in all of the other debate in the media, but this article links those huge tax breaks that Trump received in part to Trump's shady practices of not paying contractors. http://fortune.com/2016/10/08/donald...s-contractors/ Short explanation: 1. Get contractors to perform the work, and invoice for the full amount. 2. Claim those invoices as part of a business loss, creating huge tax breaks. 3. Only pay back a portion (30%) of the invoices, but still keep the full tax break created.