No this not. Trump claimed not one but two annual losses greater than $1B. So large that they were among the largest losses ever recorded. He obtained a refund that requires direct congressional oversight but seems to have been paid prematurely and without the required act of Congress. And in fact the entire basis of the refund—that giving up all ownership of his Atlantic casinos allowed him to transfer their losses to his tax filings—cannot be maintained because he in fact kept 5% of the casios meaning the entire tax write of would be disallowed and may have been fraudulent filed in the first place is not something your random family business does. Further, even if that were the case that doesn’t mean it’s legal. You don’t get to pay employees consulting fees as well.
