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Law Professor Calls Trump’s Tax Losses Fake

Law Professor Calls Trump’s Tax Losses Fake

The tax geek crowd is really ganging up on Donald Trump for his over $900 million loss in 1995.    Professor Calvin Johnson of University of Texas at Austin Law School has weighed in with “Were Trump’s Fake Losses Legal as Tax Deductions? (download).  Fake...

Trump Had A Point About His Own Taxes In The Debate

Originally published on Forbes.com. The part of last night’s debate that impressed me the most besides Trump’s “bad hombres” line was not the discussion of the candidate’s tax plans, which like most of the debates generated more heat than...
How Much Do Public Companies Pay In Income Taxes?

How Much Do Public Companies Pay In Income Taxes?

Recently, I was pleased that the Omaha World-Herald mentioned my coverage of the most recent Warren Buffett-Donald Trump blow-up.  I was less pleased by this sentence in the story  “Berkshire paid $10.5 billion in income taxes last year”.  That is wrong....