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Cake day: June 10th, 2023

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  • The first write-off came on Mr. Trump’s tax return for 2008. With sales lagging far behind projections, he claimed that his investment in the condo-hotel tower met the tax code definition of “worthless,” because his debt on the project meant he would never see a profit. That move resulted in Mr. Trump reporting losses as high as $651 million for the year, The Times and ProPublica found. There is no indication the I.R.S. challenged that initial claim, though that lack of scrutiny surprised tax experts consulted for this article. But in 2010, Mr. Trump and his tax advisers sought to extract further benefits from the Chicago project, executing a maneuver that would draw years of inquiry from the I.R.S. First, he shifted the company that owned the tower into a new partnership. Because he controlled both companies, it was like moving coins from one pocket to another. Then he used the shift as justification to declare $168 million in additional losses over the next decade.






  • LilDumpy@lemmy.worldtolinuxmemes@lemmy.worldditch discord!
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    9 months ago

    That’s was my exact experience on a pokemon go server. So many channels and conversations that notifications are useless and searching for the information I needed was difficult. Just one giant group chat which is awful for storing needed, retrievable, information imo.

    Made me never want to step into discord again.