Even without a catastrophic loss from a business failure, Republican presidential nominee Donald Trump would have had a slew of maneuvers that are available to real estate developers that would limit or even eliminate taxes owed to the government. Indeed, the average real estate firm pays just 1 percent of its income in taxes, according to data compiled by Aswath Damodaran, a New York University professor.
How Trump and Other Developers Pay Almost Nothing in Taxes
There are a slew of manuevers besides loss carry forwards that enable real estate developers to pay little to no income taxes.
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