Trump campaign faces biggest crisis yet after tax documents published

[EricMaundry]

Donald Trump was reeling from the biggest crisis of his campaign on Sunday, after the publication of documents suggesting the wealthy Republican nominee may have been able to escape paying income tax for nearly two decades.

In a direct challenge to his claim to be a successful businessman and a champion of America’s hard-working middle class, the anonymously leaked tax returns reveal how Trump used aggressive accounting tactics and the failure of several businesses to claim a loss of $916m in his 1995 personal filing.

Independent experts say under US rules, this could be large enough to legally shelter hundreds of millions in income from years of federal tax – despite Trump’s high-rolling lifestyle and criticism of others for avoiding tax.

“Trump is a billion-dollar loser who won’t release his taxes because they’ll expose him as a spoiled, rich brat who lost the millions he inherited from his father,” Democratic Senate minority leader Harry Reid said on Sunday.

“Despite losing a billion dollars, Trump wants to reward himself with more tax breaks on inherited wealth while stiffing middle-class families who earn their paychecks with hard work.”

https://www.theguardian.com/us-news/2016/oct/02/donald-trump-income-tax-returns-published?utm_source=esp&utm_medium=Email&utm_campaign=GU+Today+USA+-+morning+briefing+2016&utm_term=193179&subid=15450941&CMP=ema_a-morning-briefing_b-morning-briefing_c-US_d-1

[napkinz]

1. :)

[vlyons]

2. Trump is toast

MSmedia talking heads can't stop talking about his taxes, $$ losses, and innuendos that HRC cheats on Bill. Just incredble. He is toast. Such an unappealing candidate. People are revulsed. No on to be proud of. Totally unfit to be POTUS.