By DAVID BARSTOW, MIKE McINTIRE, PATRICIA COHEN, SUSANNE CRAIG
and RUSS BUETTNER
Donald J. Trump avoided reporting hundreds of millions in taxable income with a tactic so legally dubious that his lawyers said an I.R.S. audit would most likely find it improper.
Tax experts who reviewed documents for The Times said Mr. Trump trampled a core tax policy tenet by receiving tax benefits for losing vast amounts of other people’s money.
Crook 101.
Sounds like a Madoff scheme.....