Trump reacts to NY Times tax record story

Washington Examiner:
Donald Trump reacted Sunday morning to the New York Timesreporting that it received a 1995 tax records for Trump that revealed a $916 million loss that could have allowed the businessman to avoid paying taxes for up to 18 years.

"I know our complex tax laws better than anyone who has ever run for president and am the only one who can fix them," Trump tweeted, using the hashtag #failing@nytimes.
...

Trump's 1995 tax returns were mailed to the publication by an anonymous sender last month, according to the Times in a report published late Saturday evening. The newspaper said it hired tax experts to examine the tax returns, and had the documents' legitamacy confirmed by a certified public accountant who prepared Trump's taxes until 1996.

Trump's campaign defended the Republican nominee in a statement Saturday evening that accused the Times of "illegally" obtaining the "alleged tax document" and said the publication is working with Hillary Clinton's campaign.

"Mr. Trump is a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required," the campaign said.
...
I find it ironic that a news organization that has been losing money hand over fist for years and probably has paid less in taxes than Trump would make an issue of his tax loss carryforward.  My speculation is that the paper has a significant tax loss carryforward of its own.

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more

Bin Laden's concern about Zarqawi's remains

James Robbins: ... Bin Laden suggests that President Bush should allow Zarqawi’s body to be returned to his family in Jordan, but this is a matter that is up to the Jordanian government, which so far has not shown much interest in facilitating a homecoming. Bin Laden mocks King Abdullah II, calling him a Coalition minion, and asking “w hat scares you about Abu Musab after he’s dead? You know that his funeral, if allowed to happen, would be a huge funeral showing the extent of sympathy with the mujahedin.” A large crowd would definitely turn out, though most people would be on hand to demonstrate their anger and disgust. Last November’s hotel bombings in Amman , masterminded by Zarqawi, are still fresh in people’s memory, and mentioning them to Jordanians has the same visceral impact as memory of the 9/11 attacks does here. Jordan has adopted a zero-tolerance policy towards those who choose to mourn the country’s least favorite son, and four opposition members of parliament who paid con
Read more