NYT: Trump hasn't paid taxes in almost 20 years (radical, news, town)
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People aren't changing their votes a month out based on non-release of tax returns. I know it's desperation time, but this issue isn't moving the needle.
Confirmed he didn't have to pay federal taxes for years and terrible business failures. Thats it Looks like were in for 4-8 years of extension of Obummer policies and service level jobs
So is GM... where's your outrage they will pay no taxes for 18 years???
Yes, I am outraged, and so are most reasonable middle class people. This rhetoric that businesses pay too much in taxes, is BS. Also that nonsense that the top 1% pay the most income taxes is debunked by your Donald.
Quote:
There are 27 companies in the Standard & Poor's 500, including telecom firm Level 3 Communications (LVLT), airline United Continental (UAL) and automaker General Motors (GM), that reported paying no income tax expense in 2015 despite reporting pre-tax profits, according to a USA TODAY analysis of data from S&P Global Market Intelligence.
Only profitable firms were included in the analysis since firms that lost money - like many energy companies - wouldn't be expected to pay taxes.
You think a business that loses a billion dollars in one year, is run well? Remember, past businessmen who were presidents were Hoover (the great depression) and GWB (the great recession). You want our country run as a business that hemorrhages money?
It depends on the business. A loss of 1 billion doesn't tell me much. GWB and Hoover - even if totally responsible for economies, it gives you a sample size of two. LOL.
Trump wants more Trickle Down voodoo economics -- he thinks big tax cuts for the rich will somehow create jobs and grow businesses. For nearly 20 Trump probably paid no taxes and he enjoyed the ultimate tax cut. If Trickle Down theory is right then why did Trump still have additional bankruptcies? With zero taxes he should have been a huge job creator, right?
Conclusion: 1) Trump is a failure, a loser, and 2) Trickle Down doesn't work.
The actual finding was attributed to Forbes magazine.
So the complaint isn't that the NYT doesn't like to pay taxes but that Breitbart had the nerve to quote Forbes magazine?
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