you have not answered though a simple question. did you use that $916 million loss to avoid paying personal federal income taxes? of course, i do. of course i do. one major bombshell from last night s debate, donald trump acowledging he did not pay federal income taxes for years. joining me now, republican strategist dan senor. this is what i find interesting on donald trump saying he didn t pay income taxes for years. you haven t heard any other business leaders come out and say this makes sense. i do the same. you worked with mitt romney. the rest of mitt romney s industry said his business practices are exactly in line with what we do. it didn t work for mitt romney. people seem to forgive donald. why? i think trump gets away with a lot of things. trump last night said he was going to put his opponent in jail. trump said his policy on russia, he could care less in syria. he has his own view. trump says he doesn t pay any
you claimed a $916 million loss which means you could have avoided paying personal income taxes for years. you said you pay property taxes, real estate taxes. you have not answered a simple question. did you use the loss to avoid paying personal federal income taxes? of course i do. so do all of her donors or most of her donors. i know many of her donors. they took massive tax write-offs. have you paid personal federal tax? a lot of my write-off was depreciation and that hillary as a senator allowed. the people that give her all this money want it. i understand it the tax code better than anybody that s run for president. hillary clinton, it s extremeply complex. hockey has friends that want the carried interest provision which is very important to wall street people. but they really want the carried interest provision. which i believe hillary s leaving. very interesting why she s
i want to invest in you. i want to invest in hard-working families. i think it s been unfortunate but it s happened since the great recession, the gains have all gone to the top. we need to reverse that. people like donald who paid zero in taxes, zero for our vets, zero for our military, zero r health and education, that is wrong. and we re going to make sure that nobody, no corporation, and no individual can get away without paying his fair share to support our country. mr. trump, i want to give you the chance to respond. i want to tell viewers. in the last month,tachs were the number one issue on facebook for the first time in the campaign. the new york times published three pages of your 1995 tax returns. you claimed a $916 million loss which means you could have avoided paying personal income taxes for years. you said you pay property taxes, real estate taxes.
donald trump s former tax attorney, the one who oversaw the 1995 return with the $916 million business deduction. said trump had little interest in the tax code backen in and only concerned about the bottom line. wouldn t comment on whether donald trump used deduction to avoid paying tax returns. but last night eric trump talking about it with dana bash and everybody talking about the answer he gave. has your father paid federal income taxes. we may an enormous amount of taxes. federal income taxes. yes. my question is has he paid federal income taxes, yes or no? absolutely. pays a tremendous amount of tax
an inhibitor to releasing a tax return. president nixon released a tax return that is under audit. and then there is also the fact that we don t actually have any proof at all that there is an audit going on. it s something donald trump just says. what is your reaction to that generally, the notion of a presidential candidate saying i can t release it because it s under audit, and then never even giving us the audit letter from the irs, never even proving there is an audit. well, i can t comment on whether or not he is having an audit because i have no knowledge. but clearly, there is no reason not to be able to release the return. david cay johnston has a question, mr. mitnick. david? the net operating loss number, the $916 million that you had to do using your selectrik typewriter, that s just a cumulative figure? right? largely came from prior years