You and Trump need to learn what depreciation is. You don't "depreciate" construction.
The White House described the business losses as a “large-scale depreciation for construction,” but did not elaborate.
"... did not elaborate".. Rather than being ardently literal, I'll give him the benefit of the doubt and assume the reference was to the depreciation of capital equipment used for construction and cost basis adjustments accounting for direct construction costs. Both lower your tax liability. Something you might learn if you ever grow up to be someone who actually makes something.
The point isn't that the deduction isn't valid. Dumbfuck. The point is that Trump isn't smart enough to have the wording accurate on an official white house statement.
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