Not ever having run a business, she doesn’t grok capital losses and depreciation.
So she looked like an idiot again tonight.
As much as you are absolutely correct, the problem is that most voters do not understand capital losses and depreciation either. They see DT deducting losses as somehow "cheating" on his taxes.
Well... You are correct, but THIS situation does not appear to be a matter of, strictly speaking, depreciation, or what most people would consider to be a capital loss. Having looked at the filings for a few years, it appears to me that in the case of the DT Foundation, this is simply a matter of, over some time, the Foundation has been donating out more money that it takes in from supporters and financial investments, with very low operating expenses, and plenty of capital to draw down if desired, for donations. “Money in the bank”, so to speak.
(”Officers” could be “paid” or overpaid through outgoing “donations” but I’ve heard of no such accusation here.)
Capital gains and losses are shown as zero, and ditto for depreciation.
Now, I’m not a tax attorney, but these filings look pretty straightforward, and, Hillary is an idiot.
I’m sure Hillary has voted on many tax matters - too bad Trump did not ask her if she actually understands anything about tax law.
For example: