Trump Said to Resist Pressure to Show Taxes After NYT Story

[DonViejo]

Source: Bloomberg

Donald Trump won’t release any new tax information in response to revelations that he claimed a massive tax loss in 1995 that potentially allowed him to eliminate his federal income-tax bill for almost two decades, according to two people familiar with the campaign’s thinking.

The New York Times reported late Saturday that the Republican presidential nominee recorded a $916 million loss on his 1995 income tax return, and as a result may have been able to reduce his tax bills for as many as 18 years.

The report is expected to increase pressure on Trump to release his tax returns, as major party nominees have for decades. He has said he won’t do so until the Internal Revenue Service concludes an audit. While no law prevents people from disclosing their records while under audit, tax advisers say doing so would subject the returns to public scrutiny that might uncover issues auditors had missed.

Trump’s supporters shot back on Sunday against the Times’ report, calling the real estate developer a “genius” and portraying him as a turn-around artist who would be good for the country. “He’s a genius at how to take advantage of legal remedies that can help your company survive and grow,” former New York City Mayor and Trump campaign adviser Rudy Giuliani said on ABC News’ “This Week with George Stephanopoulos.” On NBC’s “Meet the Press” Giuliani said that “great men have big failures.”


Read more: http://www.bloomberg.com/politics/articles/2016-10-02/trump-won-t-be-pressured-into-releasing-taxes-by-nyt-loss-story

[FailureToCommunicate]

1. Giuliani is right: failure is the only thing "big" about Trump

From the same article:

Senator Bernie Sanders of Vermont, Clinton’s competitor in this year’s Democratic primary, said on ABC:

“If Mr. Giuliani thinks that Mr. Trump is smart and all the rest of us are dummies because we believe in America, we believe in our kids, we believe in national defense, well, I think they have a very distorted view of the American people and what this country is about."

[DLnyc]

11. Ghouliani sometimes has trouble with his syntax.

Clearly, when he said " . . . great men have big failures," what he meant to say is, "Some men are great big failures!"

[gvstn]

2. Behind every great fortune is a great crime.

[Ruby the Liberal]

9. Poignant

[Control-Z]

10. I believe that.

Have thought it for years. It's only a matter of time before it is discovered. Seems to me, few fortunes these days are legitimate.

[bucolic_frolic]

3. Which means that something in some way

is worse than the $916 million in losses

Could be larger losses, fraud, foreign creditors so often speculated about,
anything is possible, concubines heretofore unknown

As far as speculation about what's in there, the sky's the limit

[Foggyhill]

4. Trump thinks we're idiot, you cannot release your taxes cause you'd be burnt toast.

His taxes are so horrendously horrible that anything we think about is less than what is in them.

[Stonepounder]

5. Yep. That's my read as well. n/t

[Helen Borg]

6. Aw, the orange chicken he is scared.

[rickford66]

7. Show us the IRS letter informing you of the audit.

[LastLiberal in PalmSprings]

8. David Copperfield (magician) would be proud

The basic element of a good magic trick is to divert the audience's attention to one place while the real action is happening somewhere else. The three pages that magically appeared from the Trump Palace and Christie and Giliuani and Trump pitching the line that that settles the need to produce his taxes makes it even more urgent we keep the pressure on. There's something being hidden in those recent tax forms which are allegedly being audited (has he ever produced the IRS letter telling him he's being audited?).

[mrmpa]

12. He’s a genius at how to take advantage of legal remedies that can help your company survive and grow

except his remedy to help the US survive and grow is to go to war & take the resources from the counties that are invaded.

[randome]

13. Remember what Trump said early on about his tax returns?

He said no one was really pressing him to release them.

Well, now they are.
[hr][font color="blue"][center]The truth doesn’t always set you free.
Sometimes it builds a bigger cage around the one you’re already in.[/center][/font][hr]

[riversedge]

14. The 'genius' stupid talking point is certainly being pushed on twitter by the RW/Trump et

al supporters

[truthisfreedom]

15. As opposed to great women, who apparently aren't supposed to do anything at all, according to these

buffoons.