Trump’s Tax Dodging Scheme Laid Bare in Bombshell Report
Summary
Aaron Schwartz / Aaron Schwartz/REUTERS Donald Trump may be planning to use his extensive golf course portfolio to dodge billions in taxes, a bombshell new report alleges. For years, Trump has used a tax loophole that lets him donate rights to acreage from his golf courses to local governments and environmental nonprofits, netting him an estimated $1.2 billion in deductions so far, Forbes has revealed. Despite the “donation,” Forbes reports that the president retains ownership of the fairways.
Description from The Daily Beast.
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Trump’s Tax Dodging Scheme Laid Bare in Bombshell Report
Aaron Schwartz / Aaron Schwartz/REUTERS Donald Trump may be planning to use his extensive golf course portfolio to dodge billions in taxes, a bombshell new report alleges. For years, Trump has used a tax loophole that lets him donate rights to acreage from his golf courses to...
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