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RE: Drinking the Clinton Kool Aid
if its not a big deal why did he hide it? Clinton has hidden millions and millions in her husbands charity which also awful.
Where is America's third option? America loses this election, everyone does. Sad.
You know you ask a very good question. Why did he hide it? Well, if I were to give you an answer it would be a guess on my part. We all know that these two are playing politics. She says she will release health records when everyone else will do the same. If I had to hazard a guess as to why he did not release the tax returns it is becasue he was afraid of the general voting public's ignorance of the tax code . His fear was that they would immediately think that he was not paying ANY taxes. Let's face it, the average Joe knows nothing about the US Tax Code. I have been practicing law for over 20 years and I do not profess to understand the US Tax code. It is by far the most complicated codification of laws in the US>. I hire accountants and tax lawyers to do my taxes. This article was written in simple terms for the average person to get an idea that people in business do pay taxes, but many times they may pay no income taxes. I wanted to clarify that point and further I wanted Hillary supporters to look beyond the initial smoke screens of attack ads.
To your point about the third option, I wholeheartedly agree. I am not a Trump supporter. I will not vote in this election. America needs a viable and recognized third party. The issues of 2016 are much too complicated to be handled by a two party system that give the voter only two answers to every issue. The important social issues facing the voter of today are grey. Many times there is no black and white, right or wrong, democrat or republican answer to these issues.
I feel most for the millennials of today. They are faced with a system that does not recognize them except at election time. When the elections are over these two parties (which are really just one big party) just continue to roll over the American citizen and taxpayer. We need a political reform in the US and really much more.
yea.. so much for land of the free. ><
However, Since your the tax pro maybe you can explain this.
So Trump didn't have to pay taxes because he lost something like $900+mill (i cant recall the exact amount off hand) so how does that give him a break?
I mean did the gov collect that money he lost? It went up in smoke I think because of the lower value? How does that workout to a such a huge tax break? It seems like he made a bad deal and bought something and lost. Am I far off?
How does that become a tax break?