Legal deductions are legal deductions. If you suck at business and lose your ass off, you can use those deductions. That is not the case here. If his taxes were straight and clean, he would have no issue showing them. He is not being investigated for sucking at money, but for filing fraudulent taxes to get bigger benefits from it. The $100 million tax refund they are investigating is being investigated because the legitimacy of it is in question. Deducting payments to his kids thru one company while using those same payments as consulting fees thru another is double dipping on the deduction, which is illegal. Running hundreds of thousands on legal fees thru your business when those fees were paid for personal lagal advise is also an illegal deduction. Paying for your personal expenses and deducting those as business expenses is also illegal, and we are not talking about filling up your gas tank and running it as business expense once or twice a month, but we are talking about hundreds of millions. Under representing the value of your assets on your taxes while overblowing the value in business assets statements for your loan applications on the same properties is also illegal. Come on, folks. He is not being investigated for sucking at money but for illegal activities within his returns.Did he evade paying taxes actually owed or not pay taxes because he had business losses and availed himself of legitimate means to lower his tax burden?
How many other wealthy Americans, including the likes of Pelosi, Bloomberg, Kerry, the Kennedys, Gore do the exact same thing?