The headline means little, at least to me. What really matters is that the article points out how other very, very wealthy individuals, both on the Left, one on the far Left, have also experienced financial setbacks in their lives, yet their difficulties haven't seemed to be newsworthy.
ZitatRepublican presidential nominee Donald Trump bashed billionaire investors George Soros and Warren Buffett during a rally in Prescott Valley, Arizona.
“[George] Soros declared $1.5[B] losses, $1.5 billion in just six months, and Warren Buffett declared $873 million. Ask them, did they write off those losses? Oh, I doubt it,” Trump said.
The real estate mogul explained why Clinton did not change the tax laws while she was the Senator of New York.
“She could have changed the laws when she was in the United States senate, but she didn’t,” Trump said. “The reason that she did not do that is her donors and contributors have used those same tax laws as I did.”
Trump said he wants to fix the tax laws to make it “fair and just” for everyone.
ZitatApple has been named as the biggest corporate tax avoider in the United States after booking $218.55 billion (£171.6 billion) of profit offshore last year.
The tech giant was able to save $65.08 billion (£51.1 billion) that it should have paid in tax thanks to its convoluted arrangements.
The report revealed that last year three quarters of the Fortune 500 companies use subsidiaries in offshore tax havens where they sent a total of $2.42 trillion (£1.9 trillion) of income.
In the US alone this amounted to $715.62 billion (£561.9 billion) in tax which they avoided paying.
How soon are Hilliary and Kaine going to criticize Apple and CEO Tim Cook for failing to pay for the military which protects it, the educational system which produces its workers, and, well, you know the rest of that line of bs, I assume
I've never been a fan of the "they all do it" defense. Typically it gets trotted out when BC's pecadillos are brought up or BHO's and HC's lying is mentioned.
But this one is different. When it comes tax time, EVERYONE offsets their earnings with losses. If it is true that he didn't pay federal taxes for "18 years" it's because he suffered catastrophic losses in '07 and '08. Their accusations of impropriety are a shallow distortion of what happened.
I hope that in the 'dumbing down of America' there are still enough voting citizens who recognize the difference between truth and fiction. That's the danger of where we're at right now.
The evidence of EXTREME MEDIA BIAS is incredible here in this story.
INSIDE EVERY LIBERAL IS A TOTALITARIAN SCREAMING TO GET OUT -- Frontpage mag
ZitatSuddenly, paying taxes is a big thing for Democrats. Well, now that Donald Trump’s 1995 tax return has been revealed by the New York Times, anyway.
Presidential nominee Hillary Clinton blasted the Republican on social media, saying, “Donald Trump might have gone decades without paying taxes—but he’s not afraid of telling other people to pay theirs.”
It’s important, however, to remember that the Democrat Party and Hillary supporters weren’t always the noble taxpayers they’re now claiming to be. Here’s a list of top Democrats who have avoided paying taxes …
Tim Geithner Geithner is infamous for his support and handling of the 2008 Wall Street bailouts and for supporting massive tax increases as the Bush Tax Cuts expired. Geithner failed to pay more than $34,000 in federal taxes.
Charlie Rangel In the spring of this campaign season, Clinton met in Harlem with Rangel (D-NY) whom she referred to as “my long-time friend, the person I give credit to for starting me on this journey.”
Rangel earned $75,000 in income from a three-bedroom villa that he owned, but he didn’t report any rental income to the IRS, and paid $0 in tax by doing so. At the time Rangel was cheating on his taxes, he also chaired the House Ways and Means Committee – the congressional body that writes the nation’s tax code.
Rangel was censured by his peers, the harshest form of punishment short of expulsion from Congress.
Claire McCaskell Although not the closest of friends, McCaskill (D-MO) did support Hillary by endorsing her 2016 campaign three years early. In 2011, McCaskell was forced to sell her private plane and pay back $287,273 for four years of back taxes.
Tom Daschle Daschle, the former senator from South Dakota, endorsed Hillary Clinton for president, saying she “has dedicated her life to fighting for the right of every American family to find opportunity, success and security.”
He apparently has a different vision on how to create a path to opportunity and success – not paying taxes.
Daschle was chosen by President Obama to head Health and Human Services in 2008, but had his name withdrawn when; it was discovered he had neglected to pay $128,203 in taxes three years prior.
John Kerry Hillary’s successor and current Secretary of State John Kerry was caught docking his 76-foot yacht in Rhode Island instead of his home state of Massachussettes thus avoiding the $500,000 or so in excise taxes he’d have to pay by doing so.
Summary
This is a short list of course. The Obama administration was plagued with more Clinton allies who were seemingly caught on a weekly basis avoiding taxes. In 2010, the Los Angeles Times compiled a list of 41 White House aides who had failed to pay nearly $1 million in back taxes. It’s safe to say many of those people were and still are Hillary supporters.
Here’s the kicker, however. Not only is Hillary supported by tax cheats galore, but her campaign itself has openly admitted to using the same tax avoidance methods that Trump used in 1995. Zerohedge reported that “Hillary Clinton – like many ‘wealthy’ individuals (took) advantage of a legal scheme to use historical losses to avoid paying current taxes” in her 2015 return.