10-03-2016, 07:43 PM
(10-03-2016, 04:52 PM)Blindgreed1 Wrote: It's more like a feeble attempt to draw attention away from (or to, I haven't figured that out yet: could be a retaliation for Hillary's "he's a failed businessman" schtick) the fact that the government has instituted a tax system over many, many decades that favors the filthy rich. Losing billions for a multi-billionaire isn't failure, it's merely a way to protect your core investments and not lose money. Our government want's to keep our 1% right here.
I'm sure you're right about that and I understand giving tax breaks to investors who take risks and create jobs, though I do believe those breaks need to be seriously revisited and cut down.
Trump could have explained his tax situation long ago rather than criticizing other people who didn't pay taxes, people who took advantage of tax codes like he did, and people who payed over 20% in taxes. That hypocrisy, on top of continuing to use the "I'm under audit" excuse for not releasing his tax returns, is probably more harmful to him than choosing not to pay any taxes and gives Clinton a lot of ammunition, in my opinion.
The problems with his charitable foundation and the fact that he hasn't provided any proof of charitable contributions are also issues that I'm sure the Clinton campaign will capitalize upon, considering Trump's running on the "Make America Great Again" theme and targeting the disgruntled working class whilst being a billionaire who seemingly hasn't contributed to the nation tax-wise or charitably for many years.
Right now though, Clinton seems to be using the new revelations to hit Trump on his self-lauded business acumen. "What kind of a genius loses almost a billion dollars in one year?", she joked at a rally today. I'll be surprised if she doesn't work that and Trump's six bankruptcies into Sunday's debate.