Now Clinton’s toadies at the New York Times have published documents regarding Trump’s 1995 Income Tax Return. The claim is that Trump registered a loss of $915,729, 293 on his 1995 tax return and, under the current tax codes, used the amount to write-off income taxes for up to 18 years. And although Mr. Trump has done nothing criminal—has used the codes as they were meant to be used—the Clinton camp is making as if he chose not to pay taxes so as to hurt our veterans and the military he claims to love. This is quite a stretch in causality, as if Mr. Trump said, Whoa! I won’t pay my taxes so the veterans don’t get the care they need and children go hungry.
The truth about the tax code is that it is specifically designed to keep a business from operating at a loss in perpetuity. Let us assume that Donald Trump was in the 55% tax rate bracket when he filed this income tax. Do you really think that being able to write off the loss made a profit for Trump? This is not a dollar for a dollar situation. Consider when you fill out your own income tax: a one dollar in write-off might yield a fifteen cent deduction—not a great way to make money. And speaking of tax returns, has anyone in the main stream media mentioned how often the Clinton Foundation tax returns have had to be redone to comply with IRS guidelines? (They have had to file amended returns every year since 2009.) Why, no.
Donald Trump did what he was legally allowed to do within IRS guidelines and instead of folding up shop, used the laws to create wealth anew. New casinos and hotels needing new employees. It’s patently unfair to take a businessman to task for failing at one enterprise and starting again. This is what entrepreneurs do. He has been a resounding success and as he rightly notes, we could use his business acumen in Washington. It should also be pointed out if he were in the wrong, the IRS would have called him out by now. There is no way that Donald Trump would be given the same leeway as, say, the Reverend Al Sharpton. I hear he owes over $19 million in back taxes yet remains running his phony conflict resolution operation.
If the October surprises of Miss Universe 1996, Trump’s non-payment of taxes, and, most recently, the unearthed tape of his “locker room” boasting are all the Clinton campaign has, they’ve got big trouble. These three overly exaggerated non-scandals hardly stand up to Hillary Clinton’s laundry list of messes. In fact, every so-called “scandal” of Trump’s makes you want to say, Oh, they aren’t going there, are they? Consider the charges that Trump is demeaning to women. Does the Clinton campaign really want to bring that up with the specter of Juanita Broderick or Kathleen Willey? It is common knowledge that these women were slandered and threatened at the behest of Mrs. Clinton. What about the rapist of 12-year old Kathy Shelton whom Hillary got off by sleight of hand? She sent underwear to a New York specialist knowing the critical middle panel was missing so she could later claim that even the specialist couldn’t find evidence of a rape. Moreover, she claimed the 12-year old girl sought out older men and was mentally unstable and difficult when she didn’t get her way. Kathy Shelton's rapist was 41, and this was Hillary’s first case. Even so, she started what would become a lifelong habit: smearing the victim. For the record, Kathy Shelton was so brutally beaten and raped, a doctor informed her at the time that they were 99% certain she would never be able to have children. Sadly, this proved true. So, when Mrs. Clinton says she stands for women and children, you may want to take that with a grain (or block) of salt.
As to Trump’s non-payment of federal taxes, the Clinton Foundation, as a 501(c)(3) charity, also legally pays no taxes. Although the Clintons piously claim not one of the family is on the payroll, a whole lot of their friends are. In fact, in 2012, their annual report said they had 275 employees; in 2015, that number had ballooned to 2000. Do you think some of these people on the Foundation payroll are working on her campaign? It’s a fair question that we’ll never hear asked.
Luckily Trump supporters don’t seem to care about his taxes (legal) or his boorish boasting, just like Clinton supporters don’t care about her secret server (illegal) or deleting 33,000 emails after receiving a subpoena fromthe FBI. Trump supporters like the idea of a business man running our government—a business man who is smart enough to see where we need to spend money and where we need to cut back. Donald Trump is the change. During the first debate he very astutely pointed out that Mrs. Clinton has been in politics for 30 years thinking about what needs to be done. As an aside, he added that everything she’s done has been wrong. Mr. Trump has spent a little over a year getting his political bearings. He is eager and ready to right the wrongs of the Obama administration. Mrs. Clinton just wants to give us more of what’s wrong. And that includes her.
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