Trump Not Paying Federal Income Taxes?

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Upset by the huge $916 million loss in 1995 that multi-billionaire Trump can carry forward to reduce his federal taxes? Hillary is. To her, that reflects disastrously on Trump’s business ability.  To her such a loss indicates that Donald is a classic example of the very rich business person not paying for his share of the country’s obligations, including the military and education. Aside from the obvious fact that about 93% of education costs are paid from real estate taxes, for which Donald would pay massive amounts, Hillary and others are managing to overlook another very salient fact in  their attack on Donald—Hillary’s own tax returns. The attacks on Trump by multi-millionaires Hilliary and by others seem to overlook the $699,540 loss claimed by the Clinton’s on page 17 of their 2015 tax returns. (https://m.hrc.onl/secretary/10-documents/01-health-financial-records/Clinton_2015_Form_1040_with_Signature_Page.pdf) Trump’s huge loss was due to the collapse of his casino, hotel, and airline empire, a severe blow from which he has remarkably recovered. Perhaps that should tell us something about Donald’s innate business ability.  

 

Refresh my mind again.  How many companies do the Clinton’s own and how many tens of thousands of employees do they have? With assets that are so much smaller than Trump’s, how does THEIR loss reflect on THEIR personal business acumen? Hillary’s loss was last year, a time when the economy was supposedly thriving. Her allowable Federal tax deduction is and will continue to be much smaller barring an unlikely willingness to invest in the job-creating business our country so desperately needs. Criticizing someone who has actually contributed to economic growth is much easier than making a contribution yourself. But not to worry. As Hillary has said, “Don’t let anybody tell you that, you know, it’s corporations and businesses that create jobs.”

http://www.zerohedge.com/news/2016-10-02/clinton-campaign-admits-hillary-used-same-tax-avoidance-scheme-trump

 

***Gary A. Howie MSc, PhD*** is  business owner/rancher and a Life & Liberty News contributorgary howie

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1 comment for “Trump Not Paying Federal Income Taxes?

  1. Darrell Solberg
    October 5, 2016 at 11:36 am

    Gordon, on Trump’s way to recovery, he filed bankruptcy many times leaving individuals and many small businesses holding the bag by not paying them their full amount. Manipulation is not a strong attribute of a good leader. It shows he is more interested in himself than anyone else. Owning companies via an inheritance is not brilliance, it is being a care taker. Who prepared his taxes in 1995? More than likely it was an accountant not Trump that did and again that doesn’t show brilliance on Trumps part. Integrity is Government is sorely lacking and it is time for the common folks to rise up and take charge, not a individual of narcissism character.

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