10-03-2016, 01:43 PM
Another bad day for Donald J. Trump.
In light of the revelation that he worked the tax codes to avoid paying taxes, his previous criticisms of other people's tax contributions are resurfacing. Ref: http://www.nytimes.com/2016/10/03/us/pol...pe=article
He's criticized the fact that so many Americans don't pay taxes, criticized the Obamas for ONLY paying 20.5% in taxes, criticized other billionaires for taking advantage of tax codes to pay a lower rate than average Americans, etc... Hard to rationally defend that kind of hypocrisy, so he and his surrogates will take the irrational/deflection route again, I suspect.
Also today, the Trump Foundation was ordered to cease soliciting donations. It's been under investigation since it came to light that his foundation appeared to have used non-profit charity donations to pay off lawsuit settlements, invest in his for-profit businesses and personal endeavors, make political contributions, etc.. If that's indeed what he did, that's not taking advantage of tax codes or loopholes, that's a violation of tax and financial laws. Also under investigation by the New York Attorney General is whether the Trump Foundation was even certified to legally solicit donations, it doesn't appear so. Ref: https://www.washingtonpost.com/politics/...story.html
The Trump campaign has responded that the Trump Foundation will comply with the legal order to cease solicitations and cooperate with the investigation, even though they are suspicious of the NY AG because he's a Hillary Clinton supporter. Well, Clinton supporter or not, the law and the requirements are the same. Trump either complied with them or he violated them.
In light of the revelation that he worked the tax codes to avoid paying taxes, his previous criticisms of other people's tax contributions are resurfacing. Ref: http://www.nytimes.com/2016/10/03/us/pol...pe=article
He's criticized the fact that so many Americans don't pay taxes, criticized the Obamas for ONLY paying 20.5% in taxes, criticized other billionaires for taking advantage of tax codes to pay a lower rate than average Americans, etc... Hard to rationally defend that kind of hypocrisy, so he and his surrogates will take the irrational/deflection route again, I suspect.
Also today, the Trump Foundation was ordered to cease soliciting donations. It's been under investigation since it came to light that his foundation appeared to have used non-profit charity donations to pay off lawsuit settlements, invest in his for-profit businesses and personal endeavors, make political contributions, etc.. If that's indeed what he did, that's not taking advantage of tax codes or loopholes, that's a violation of tax and financial laws. Also under investigation by the New York Attorney General is whether the Trump Foundation was even certified to legally solicit donations, it doesn't appear so. Ref: https://www.washingtonpost.com/politics/...story.html
The Trump campaign has responded that the Trump Foundation will comply with the legal order to cease solicitations and cooperate with the investigation, even though they are suspicious of the NY AG because he's a Hillary Clinton supporter. Well, Clinton supporter or not, the law and the requirements are the same. Trump either complied with them or he violated them.