NEW: IRS Audit of #Trump Could Cost Former President More Than $100 Million
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The #tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed #Chicago tower.

#News #Law #IRS #Taxes #RealEstate #Government

https://www.propublica.org/article/trump-irs-audit-chicago-hotel-taxes?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

IRS Audit Could Cost Trump $100 Million

The tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed Chicago tower.

^ProPublica

“The budget proposal is functional first step to begin internalizing the externalities wrought from private space flight—the short-term costs are unquestionably most evident in air traffic control. Using the internalization of that cost as a wedge to pursue broader policy initiatives that ensure the ongoing low-Earth congestion caused by increased satellite deployment is calculated and compensated for is a long-term solution.”

#space #spacex #tax @law

https://www.forbes.com/sites/andrewleahey/2024/04/22/do-we-need-a-property-tax-for-space

Do We Need A Property Tax For Space?

Considering a proposal for a property tax-like policy for the deployment of near-Earth satellites.

^{Andrew Leahey (Forbes)}