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commercial real estate is self-sheltering. that s why we look at a guy like donald trump and we say, is he at zero? it s like, yeah, he s a zero. drew, so we know we had this huge write-off in 1995, and could have prevented him from paying any federal income tax or personal income tax for many, many years, it sounds like it s feasible that he could still not be paying federal income tax. yes, and that could be what s preventing donald trump from releasing these tax records, not that audit that he talks about. see, anderson, there could be a huge flow of income coming through the front door of trump s organizations, but because of all of those tax advantages and write-downs and depreciation he talks about, the end result could be zero in terms of his federal tax liability. these experts say nothing illegal about it. in fact, nothing particularly special about what trump may be doing here. it is just the current tax law. and have you heard from the campaign any news on releasing th
analyst and journalist lee shepard, blame the politicians who wrote the rules to benefit big developers. that s why we say that commercial real estate is self-sheltering. that s why we look at a guy like donald trump and we say, is he at zero? it s like, yeah, he s a zero. drew, so we know we had this huge write-off in 1995, and could have prevented him from paying any federal income tax or personal income tax for many, many years, it sounds like it s feasible that he could still not be paying federal income tax. yes, and that could be what s preventing donald trump from releasing these tax records, not that audit that he talks about. see, anderson, there could be a huge flow of income coming through the front door of trump s organizations, but because of all of those tax advantages and write-downs and depreciation he talks about, the end result could be zero in terms of his federal tax liability. these experts say nothing illegal about it. in fact, nothing particularly special a
they say austerity. this has gotten conflated with the republicans position. you should reduce the deficit but not by cutting defense and absolutely not in any way by raising taxes. if it requires raising taxes even a dollar, then better not to reduce the deficit at all. better possibly even to default on the debt which brings all the terrible consequences of a debt crisis all at once artificially. something they don t typically believe that further government action to help out the economy probably isn t merited. if you think of these academics who have become associated with austerity, they ve argued for principal write-downs where the government would make mortgages cheaper for people, for higher inflation. the republican party wantse of i think what the republican party is actually advocating is quite a bit less coherent even than austerity. what is it?
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