Sunday, October 2, 2016

Trump's 1995 Tax Records Shows A Near Billion Dollar Loss He Could Have Used To Avoid Paying Taxes... For Up To 18 Years!

The New York Times has published documents it claims are Donald Trump's 1995 income tax returns. The documents appear to show the businessman and GOP nominee reported a nearly one billion dollar loss.

The tax experts hired by the Times to analyze Trump’s records said tax rules which are especially advantageous to wealthy filers would have let Trump use his $915,729,293.00 loss to cancel out an equivalent amount of taxable income up to 18 years.

Not only is this report damaging to Trump's assertion that he does indeed pay federal income taxes it also puts a dent in his claim that he is an experienced and successful businessman.

How could voters take seriously Trump's claims that he would rewrite trade agreements and make deals with other countries that would ensure jobs return to the U.S. when he couldn't even make money in the mid-90's when the economy was booming?

Clinton Campaign spokesman Brian Fallon took to twitter to land this blow...

"Trump's returns show just how lousy a businessman he is AND how long he may have avoided paying any taxes."

The Trump campaign in effort to do a little damage control released a statement blaming the media, the Clinton's and "global special interests"...

"The only news here is that the more than 20 year-old alleged tax document was illegally obtained, a further demonstration that the New York Times, like establishment media in general, is an extension of the Clinton Campaign, the Democratic Party and their global special interests,"

In addition to the statement the Times has reported that a lawyer for Trump has already threatened legal action against the newspaper if the records were published claiming that publishing records without Trump's authorization would be illegal.

The newspaper said the three pages were emailed to reporter Susanne Craig last month. The paper said the legitimacy of the documents was confirmed by Jack Mitnick, a lawyer and certified public accountant who handled Trump's tax affairs until 1996 who said "This is legit," referring to the documents.

No comments:

Post a Comment