Assets of donald trump

Just as the “maximum pressure” campaign to tame Iranian ambitions was about to be cast into the extra-large dumpster of failed American strategies in the Middle East, it produced yet another serious war scare—the first of several since the United States withdrew from the nuclear deal. This crisis began to take shape in mid-November of last year, when it was widely reported in the media that President Trump’s advisers had to dissuade him from launching an air attack on Tehran’s nuclear development site at Natanz. Two weeks later, operatives from Israel’s Mossad assassinated Iran’s leading nuclear scientist, Mohsen Fakhrizadeh, just a few miles outside of Tehran. Iranian officials vowed to avenge his death, which they blamed on both the United States and Israel. … [Read more...] about Can Biden Fix the Mess Trump Made of Our Relationship With Iran?

Taxes and 2017. I was emailing with On the Street tax advisor Jeff Levine of Alkon & Levine about Trump and his taxes. We both found it interesting, in the context of The New York Times investigation, to go back and have a look at the Tax Cuts and Jobs Act. Of course, Trump got a big lift. "I think it is huge how 2017 tax act helps him and his companies," says Levine, a CPA based in Newton, Massachusetts. Some examples: let's start with the elimination of the Alternative Minimum Tax (AMT) for most people. If you recall, the AMT was designed to make sure that most of us well-off folks paid our fair share. Won't go down the foxhole of tax law with you, but, as Levine explains, "the only taxes paid by Trump in two out of 15 years were due to the AMT. But reducing the ways AMT could impact typical taxpayers, the Trump law changes really benefited Donald Trump more than many other taxpayers." Also: if you recall Trump used "tax loss carry forwards" to reduce his obligation to the … [Read more...] about How to Stay Cool, Calm and Collected in a Crazy Stock Market | Opinion