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After days of nonstop coverage of Donald Trump's tax practices, including some from me, we can all use a good tax laugh. And now, just in time, I can offer it to you, courtesy of tax lawyer Jeff Yablon, who's just posted a list of funny tax quotes on Tax Notes.
Not all the claims in the vice presidential debate stand up to scrutiny. A look at some of them and how they compare with the facts: REPUBLICAN MIKE PENCE: "The fact that under this past administration, we've almost doubled the national debt is atrocious.... Hillary Clinton and Tim Kaine want more of the same."
In the first and only vice presidential matchup between Pence and Democrat Tim Kaine, Pence employed a decidedly professional tone in a bid to soften the GOP nominee's most controversial remarks. His effort to make the case for the ticket outshined his running mate and his opponent, but it came at a cost - he had to sidestep most of Trump's more damaging statements on the trail.
Donald Trump has a new defense for the report that he could have avoided paying federal income taxes for 18 years. At a campaign rally in Arizona on Tuesday, the Republican presidential candidate blamed his opponent Hillary Clinton for not enacting stricter tax laws when she was a senator from New York.
If losing $916 million and possibly avoiding federal income taxes for nearly two decades makes Donald Trump a brilliant businessman, we shudder to think what would make him a bad one. Like so much that involves Trump and his business dealings, this latest revelation remains shrouded in secrecy attributable to his refusal to release his tax returns.
Joe Biden has launched one of his fiercest attacks on Donald Trump, branding the presidential hopeful as ignorant, out of touch and unpatriotic. The US vice-president, looking to exploit what has been a tumultuous week for Mr Trump, slammed the businessman for his comments on Post-Traumatic Stress Disorder, his late night Twitter attack on a former beauty queen, and his tax record.
In an ideal world, the tax code would be simple enough to put accountants and tax-preparation firms out of business. That was the response to the New York Times' weekend story that Republican presidential nominee Donald Trump may have paid no federal income taxes for 18 years because of a $916 million net operating loss he claimed on his 1995 tax return, pages of which were obtained by the Times.
Donald Trump reported losses of more than $900 million on his 1995 income tax returns filed in three states, as revealed in documents obtained by The New York Times, that experts say could have allowed him to forgo paying federal income taxes for nearly two decades. The revelation from a portion of Trump's tax returns for that year gives the most detailed insight yet into the Republican nominee's tax history during a time when his opponent, Democrat Hillary Clinton, has suggested Trump is hiding something from voters.
Donald Trump's decision to take a $916 million loss on his 1995 income tax return showed his business acumen and "genius" at figuring out how to minimize his tax bill, two of the Republican presidential candidate's advisers said on Sunday. "This is a perfectly legal application of the tax code.
Social Security is a major issue in the presidential election. First of all, the vast majority of Americans either collect Social Security benefits or plan to do so in the future.
Donald Trump concluded a very bad week on the presidential campaign trail Sunday by avoiding denying a news report that he may not have paid income taxes for nearly 20 years. Instead, Trump called himself an expert on the US tax code, as allies rushed to praise the real estate mogul's business acumen and fitness to be president as America heads toward the November 8 election.
Donald Trump reported a more than $900 million loss on his 1995 income tax returns filed in three states, as revealed in documents obtained by The New York Times that experts say could have allowed him to forgo paying federal income taxes for nearly two decades. The revelation from a portion of Trump's tax returns for that year gives the most detailed insight yet into the Republican nominee's tax history during a time when his opponent, Democrat Hillary Clinton, has suggested Trump is hiding something from voters.
Donald Trump could have avoided paying taxes for up to 18 years - legally. The New York Times has obtained and released several of Trump's tax records and found the presidential nominee declared a loss of about $916 million on his income taxes in 1995.
Tax policy is one of the issues on which the two nominees differ most. Their approaches are likely to draw new attention in the wake of a New York Times report that Trump's nearly $916 million in losses in 1995, according to tax records the paper received anonymously, means he may not have paid federal income taxes for as many as 18 years.
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Trump, allies try to contain tax avoidance story New York Times says Trump claimed a billion dollar loss and may have avoided taxes for years. Check out this story on USATODAY.com: http://usat.ly/2dQTYkT Republican presidential nominee Donald Trump gestures following a rally at Spooky Nook Sports center in Manheim, Pennsylvania on October 1, 2016.
Hillary Clinton's campaign Saturday night seized on a New York Times report about Donald Trump's 1995 tax records, in which the Times showed he declared a $916 million loss that could have allowed him to legally skip paying federal income taxes for years. The revelations threatened to put the controversy over Trump's refusal to follow recent precedent and release his tax returns at the center of the presidential campaign less than 40 days before the election, after a week in which the Republican nominee has struggled to bounce back from a debate in which most analysts and scientifically conducted polls scored Clinton as the winner.
Donald Trump's campaign is responding to a New York Times report that the real estate mogul claimed hundreds of millions of dollars in losses on tax returns in 1995 - an amount that could have allowed him to legally avoid paying income taxes for many years. The 1995 tax records obtained by the newspaper show Trump as having reported a $916 million loss on personal income tax returns during that year.
The New York Times' new report on Donald Trump's tax returns suggests why the republican candidate may have wanted to keep the documents secret. According to the Times, Trump wrote off a loss of nearly a billion dollars in 1995.
Donald Trump's business losses in 1995 were so large that they could have allowed him to avoid paying federal income taxes for as many as 18 years, according to records obtained by The New York Times. In a story published online late Saturday, the Times said it anonymously received the first pages of Trump's 1995 state income tax filings in New York, New Jersey and Connecticut.