On Sunday, the NY Times wrote what is being called a "bombshell" story on President Trump's taxes, after obtaining 20 years of tax returns. Although a good read, it's old news. The bigger story that the Times has finally alluded to is that Trump is indeed on a journey to bankruptcy. Let's examine why. As … Continue reading Donald Trump’s Cradle to Grave Tax Exempt Strategy to Stave off Bankruptcy
Tag: phil knight
Note (Not Copyrighted) : This basic post was updated December 10, 2010 given the current debate in Congress over extending the Bush tax cuts and numerous inquires regarding my position in this debate. The purpose of this post is to highlight that although rates are important, perhaps more important are overall fairness issues associated with … Continue reading Blackstone Group LP – Private Equity or Public Theft? Undermining the Volcker Rule’s Intent. SEC 10K Fails to Disclose All Important “Fractions Rule” Involving Tax Exempt Public Pension Investors