Tuesday, October 18, 2016

Atlantic: The Strange Tale of Trump's Taxes


During Monday’s first presidential debate, Hillary Clinton offered her own theory: Trump is paying no taxes. And the Republican nominee seemed in the moment to confirm it, interjecting to say it would prove he was “smart.”

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As Clinton pointed out during the debate, the last time Trump’s tax returns were made public, during the process of applying for a casino license in the 1980s, they showed he had paid no income tax. The veteran business journalist James B. Stewart recently explained why real-estate law made it possible, and perhaps even likely, that he continued to pay no income tax.

Perhaps Trump misspoke during the debate, or perhaps he committed a Kinsley gaffe—accidentally telling the truth—but his conflicting answers make it hard to know what the truth about his taxes is. There’s one very easy way he could clear up the confusion.


(Editor's Note: To the surprise of no one, Trump admitted, during the second debate, to not paying any federal income taxes)

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