The New York
Trash Times has validated Donald Trump’s refusal to release his tax returns by ILLEGALLY publishing his 1995 tax return.
This proves my claim that the Democrats got NOTHING! Donald Trump is virtually squeaky clean. He has no Benghazi, no trail of bodies, he has transmitted not a single classified email over an illegal, private, unsecure server and email system. He is healthy as a horse. They got NOTHING!
Which is the reason for all of the media furor over not releasing his recent tax returns. It has been my claim that The Donald has not released his tax returns because no good could come of it, only harm. No matter what is in his tax returns, the liberal sewer dwellers are going to attack it. He could give two million dollars to a Catholic charity and the official Democrat Communications Division, aka the mainstream media, would call him a bible thumper. The headlines would scream, “THEOCRAT TRUMP REFUSES TO PAY TAXES, YET GIVES MILLIONS TO MISOGYNIST CHURCH.”
The Times gleefully chortles, “Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.
The 1995 tax records, never before (legally) disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.
Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.”
WRONG, “Tax experts hired by The Times!” ANY American is eligible for tax credits against losses. These are not “tax rules especially advantageous to wealthy filers.” You KNOW that! Donald Trump did nothing more or less than anyone else would do, including yourselves, when showing a loss versus profit. There is ZERO obligation to pay taxes on losses, you filthy, lying propagandists.
It is also important that this New York Times lie be exposed, that Donald Trump’s casino losses were due to “mismanagement of three Atlantic City casinos.” The Times is lying and they know it! Atlantic City was hit hard (all of it, not just Trump’s operation) from the proliferation of Indian casinos in the early 90s. On what planet is that “mismanagement?”
As a builder/developer myself (same biz as The Donald), I understand that there are good times and there are bad times. 2008 was especially bad. I had millions of dollars of spec real estate on the market and Mr. Bernanke, fiddling with the prime, crushed many of us. I have no regrets. You buy your ticket and you take your chances. Not that I would expect the career parasites at The New York Times to get that, but isn’t it egregiously hypocritical for them to attempt to paint Donald Trump as a tax cheat for claiming perfectly legitimate tax credits against losses over two decades ago when they did the very same thing as recently as 2014?
Ahhh, you didn’t think anyone was looking, did you?
As reported by Forbes in January, 2016, “for tax year 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their 2014 annual report is, ‘The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.’ If you don’t think it took fancy accountants and tax lawyers to make that happen, read the statement again.”
As far as I can tell the Times wasn’t even claiming losses. They received a multi-million dollar tax credit for something that isn’t nearly as clear as claiming a credit against losses. Translation: Their tax attorneys gamed the system.
The good news is that’s all the liberal waste products have. Trump has no Benghazi, no bimbo eruptions, no classified emails. Despite every effort the liberals are making to lie, to steal, to cheat, the American people have The Donald’s back and come Election Day he is going to smoke the Wicked Witch of Benghazi like a cheap cigar and Make America Great Again!
The Trump campaign responded to the NY Times illegally publishing Trump’s tax return….