there are 2 kinds of losses .... capital gains and net operating .... and handling is different for each
it would be pure speculation to say he paid no taxes for 18 years as one would still need to see the returns .... educated speculation :: he has a bevy of tax attorneys who ensure a legal return as it will obviously be audited ... there can be little doubt they would have pushed the legal regulatory envelop
the real deal is the optics ... how can anyone believe he is the superior businessman if he incurred such large business losses? ... how can anyone who has gamed the system claim to be for the little guy?
the surrogate rebuttals are weak arguments so the optics remain
