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treestar

(82,383 posts)

14. Living off the cash in the business

Reply to Honeycombe8 (Original post)

Wed May 15, 2019, 05:14 PM

May 2019

and not paying its debts. Also his inherited funds could be kept apart.

Right wing capitalists don't like government regulation, but I've thought of the argument - corporations limit liability, so if you are so willing to take responsibility for your decisions, why don't you become a sole proprietor? Why are you in favor of the existence of corporations? They are creatures of the evil government. The government can regulate them as such.

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"How Did Trump Live So Large While Reporting Such Huge Losses?" [View all] Honeycombe8 May 2019 OP

Not to argue with the article but, he didn't have his business apart from himself? underpants May 2019 #1

You'll have to take that up with the four tax experts and real estate tax specialists in the art. Honeycombe8 May 2019 #2

Mostly they are limited liability corporations. marylandblue May 2019 #13

Yes, there are those. And corporate ventures. And everything else that exists... Honeycombe8 May 2019 #16

not sure i understand the question. unblock May 2019 #5

Ok you're right. I skipped a step. underpants May 2019 #6

I think he never declared personal bankruptcy. marylandblue May 2019 #12

Catch Me If You Can Cary May 2019 #3

He has been running one of the most Wellstone ruled May 2019 #4

Remember John Gotti the Teflon don? slater71 May 2019 #7

Money laundering Russian loans I guess. ananda May 2019 #8

+ struggle4progress May 2019 #20

I asked myself that question back in the 1990s. Tommy_Carcetti May 2019 #9

Trump claims that Herbert Ross arranged 450,000 a MONTH income for him dixiegrrrrl May 2019 #10

Source? Totally Tunsie May 2019 #15

same guy.... dixiegrrrrl May 2019 #18

Thanks! Those are interesting reads. Totally Tunsie May 2019 #19

I've gotten a lot of information thru searches dixiegrrrrl May 2019 #21

People love a con. sarabelle May 2019 #11

Living off the cash in the business treestar May 2019 #14

Only if he could fix it so the cash is under the table. Honeycombe8 May 2019 #17

There is no other answer than he is owned and worth nothing, someone else's money. sunonmars May 2019 #22

Living off his father's inheritance DeminPennswoods May 2019 #23

Because he's a standard American deadbeat misanthrope May 2019 #24