Quotes from the news wire:
Depreciation for buildings that are not suffering wear and tear, that is a generous tax benefit, every developer gets that, but taking deductions on other people's money, that goes beyond what other real estate developers would do.
Found on CNN 5 years ago
He is misdirecting the public by focusing on deductions, sure, he took deductions. They were probably lawful. But he borrowed money to take those deductions. When loans were forgiven, he never picked up any income.
Found on CNN 5 years ago
There will be a lot of rough edges, which advisers and taxpayers will exploit, the COGS loophole for BEAT is a straightforward gimmick, but I am unsure how or whether the IRS will stop it.
Found on Reuters 5 years ago
The COGS loophole for BEAT is a straightforward gimmick, but I am unsure how or whether the IRS will stop it.
Found on Reuters 5 years ago
These are just some of the publicly touted ideas. I am sure there are many more being touted privately.
Found on Reuters 5 years ago
Otherwise you leave a loophole and incentive for these combinations to continue.
Found on Reuters 8 years ago
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