The Laughable Defects In The Argument That Trump Can Reform Tax Law [View all]
Given what Christie and Guilani are saying on TV I have to assume it's true that Trump paid no federal taxes for perhaps all those years. They (and Trump) are claiming that because Trump paid no taxes that TRUMP ALONE is in the best position to reform these tax laws.
Now, if Trump had been saying since he got into the race that he's paid no federal income tax for X years, that was OUTRAGEOUS.... and the tax system needed to be reformed... we might believe these clowns that Trump was the best person to reform the system. BUT TRUMP HAS BEEN TRYING TO HIDE NOT PAYING ANY FEDERAL INCOME TAXES.
Instead they are portraying Trump as a business genius for pulling out of these business bankruptcies... businesses that failed BECAUSE HE WAS INCOMPETENT... without mentioning that he could only do so because he was a tax code "welfare queen".
And, seriously... where would business be today in the US if not for government FREEBIES? Freebies such as free limited liability protections for corporate owners and free intellectual property monopolies such as patents, copyrights, and trademarks? Why isn't liability protection purchased from the private sector AS INSURANCE so legitimate creditors aren't shafted in corporate bankruptcies while the personal wealth of corporate owners is shielded?
= new reply since forum marked as read