NY Times published
a similar piece on the Trump tax revelations, and summarized the damage caused by Trump's business practices -
Quote:
The $916 million loss certainly could have eliminated any federal income taxes Mr. Trump otherwise would have owed on the $50,000 to $100,000 he was paid for each episode of “The Apprentice,” or the roughly $45 million he was paid between 1995 and 2009 when he was chairman or chief executive of the publicly traded company he created to assume ownership of his troubled Atlantic City casinos. Ordinary investors in the new company, meanwhile, saw the value of their shares plunge to 17 cents from $35.50, while scores of contractors went unpaid for work on Mr. Trump’s casinos and casino bondholders received pennies on the dollar.
“He has a vast benefit from his destruction” in the early 1990s, said one of the experts, Joel Rosenfeld, an assistant professor at New York University’s Schack Institute of Real Estate. Mr. Rosenfeld offered this description of what he would advise a client who came to him with a tax return like Mr. Trump’s: “Do you realize you can create $916 million in income without paying a nickel in taxes?”
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Of course, by the numbers this demonstrates that he is a great businessman - just as long as "great business" means maximizing one's personal profit directly as a result of your exploitation of all persons in your employ, using any and all means neccessary to deny them their due wages and shareholdings for the work they've performed. And millions of dollars of tax evasion is one of the most effective means of exploiting the greatest number of possible victims, as in this manner your greed negatively impacts all of your fellow citizens far and wide.
By that measure, Trump is perhaps the greatest businessman of our time.
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