write off

“We needs a tax code that honors the trades,” she said, allowing write-offs for the kinds of equipment used by loggers, plumbers and electricians.

The family's car, which Aneeqa said is now a "write-off", was then targeted, with people jumping on the windscreen and roof.

She told the Today programme that they had tried to break into her house and destroyed the family car, which "had to be a write-off".

The first write-off came on Mr. Trump’s tax return for 2008.

ProPublica’s 2021 article traced how owners, starting with the late baseball showman Bill Veeck decades ago, persuaded the IRS to accept a “gimmick” that allows owners to take massive depreciation write-offs.