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That's a completely unrelated and distracting issue. Trump paid $750 total, which is not 15% of anything. He could have easily paid $0, as he did before becomi
by pwinnski 6y ago
That's a completely unrelated and distracting issue.
Trump paid $750 total, which is not 15% of anything. He could have easily paid $0, as he did before becoming POTUS. His team picked a tiny number above zero starting in 2016 when he was elected. This is completely and totally unrelated to the capital gains tax rate.
- christophilus 6y agoIt's not unrelated. My point is that the wealthy have a whole lot of loopholes when it comes to taxes, and we ought to address that. Almost certainly, Trump used these loopholes to minimize his taxes. I assume in his case, he had a lot of losses that he was able to use to bring his over all income down well below what you or I report in a given year. Unless Trump did something illegal (entirely possible), my point is related and not distracting.