NYT acquires 1995 Trump tax return; he deducted $916 million in business losses (user search)
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  NYT acquires 1995 Trump tax return; he deducted $916 million in business losses (search mode)
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Author Topic: NYT acquires 1995 Trump tax return; he deducted $916 million in business losses  (Read 14695 times)
Mallow
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Posts: 737
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« on: October 03, 2016, 12:43:51 PM »

The other point is that tax loopholes generally exist in order to spur economic activities that are beneficial to the country. Welfare doesn't do that, and gives people money for doing nothing.

This is exactly the opposite of how I see it. Tax loopholes exist to give wealthy people more wealth for doing nothing but being wealthy. Welfare exists to help poor people through tough situations in their life with the hope that they can turn it around and get back into the workforce. Obviously this is a gross oversimplification, but my point is, your premise (as with mine) is based in opinion, not fact.
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