The tangled tax deception
Democratic Presidential candidate Hillary Clinton was elated that the New York Times surreptitiously obtained some partial copies of old tax records of Republican Presidential candidate Donald Trump. Clinton tweeted, “Trump “apparently got to avoid paying taxes for nearly two decades-while tens of millions of working families paid theirs.”” Clinton’s campaign released a statement: “There it is. This bombshell report reveals the colossal nature of Donald Trump’s past business failures and just how long he may have avoided paying any federal taxes whatsoever.” While Clinton and the NY Times are pointing fingers at Trump, both used the same deduction to avoid paying taxes. Yes, it’s true.
An analysis of both Trump’s and Clinton’s tax documents conducted by Zerohedge.com shows that Clinton used the very same deduction that Trump did to avoid paying taxes. In 2014, Clinton’s total adjusted gross income was $10,594,529. That in of itself is revealing for someone who claims to be working on behalf of the poor. But on page 17 line 14, Clinton deducts $699,540 as a “long-term capitol loss carryover.” This is the same type of deduction used by Trump in 1995, although his was $916 million. Moreover, the NY Times also used the tax law to pay no taxes in 2014. Despite having a pre-tax income of $29.9 million, the NY Times received a $3.6 million refund.
Here you have Hillary Clinton-multi-millionaire Hillary Clinton-crying that Trump used the tax law to avoid paying taxes. She calls it a “bombshell.” Clinton and her husband used the very same tax law to avoid paying taxes. And the NY Times, who may have obtained the 20 year old Trump tax documents illegally, using the same tax law to avoid paying taxes. Clinton and the editorial staff at the NY Times have long admonished conservatives for tax avoidance when they are doing the very same thing. And that’s the way they trade-in twisting the truth, accusing people of doing the very same thing they are doing, and trying to take the attention of the bad things they do off of themselves and place it on others.
At least Trump is honest about it. Trump’s campaign says that he is “a highly-skilled businessman who has a fiduciary responsibility to his business, his family and his employees to pay no more tax than legally required.” Trump made his money doing business. Clinton made her money selling influence to terrorist sponsoring nations. Both used the same deductions to try to avoid paying taxes. Trump says he shouldn’t pay any more taxes than he is required by law. Clinton points the finger at anyone not paying their “fair share” while she is avoiding paying taxes, too. As 2 Timothy 3:13 says, “But evil men and seducers shall wax worse and worse, deceiving and being deceived.” Just make sure you’re not one of the deceived.
