Our tax code makes it easy for investors to enjoy zero or negative taxable income, and positive cash flow. Even 35 years ago, like this contention.
It is nothing new, and it was in effect, long before Donald Trump came along.
If you want to beef over the tax system, go ahead. But in so doing, realize a great many endeavors have been given advantageous tax treatments.
--Extractive industries (oil, natural gas, timber, mining, etc.)
--low income housing development and ownership
--alternative energy
--payments for medical insurance and care
--charitable causes
--donations to religious institutions
--plenty of others
