Monday, October 03, 2016

No Matter How The Right Spins It, The Clintons Paid Taxes

Right-Wing Media Faceplant In Rush To Accuse The Clintons Of Doing "The Same Thing As Trump" On Taxes:

Conservative media are attempting to deflect attention from the revelation that GOP presidential candidate Donald Trump took a $916 million loss in 1995 that might have allowed him to avoid paying federal income taxes for 18 years by saying that that Democratic nominee Hillary Clinton and former president Bill Clinton did “the same thing” by claiming a “$700,000 loss” on their 2015 tax return. The claim, which originated with a pseudonymous Reddit poster and has already spread to Fox News, fails to note that while the Clintons’ 2015 return shows that they did have a roughly $700,000 capital loss carried over from a prior year, that loss originates with the financial crash of 2008, and they received only a $3,000 deduction for those losses and paid $3.2 million in federal income taxes in 2015...

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