https://archive.is/CW13D
Trump lost almost a billion dollars due to a tanked early-nineties economy being utterly horrible for his business. So he declared his loss on his tax form in order to mitigate the effects of that loss...taking advantage of a new set of tax laws that were written (partially) and pushed by...then-president Bill Clinton.
And apparently he had a fiduciary obligation to do so? Or according to dailykos (not exactly a trustworthy source especially being an "opinion" column) he actually didn't?
Why are people angry??
Can someone explain this to me? Maybe someone with a liberal-slant and experience with tax law who is on this website
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