Clinton is a tax avoider who used the same tax “loophole” that she attacked Donald Trump for using.
People have slandered Donald Trump for tax evasion based on evidence that he is a tax avoider… just like Hillary Clinton and millions of others.
Tyler Durden at ZeroHedge writes,
Well this is a little awkward. With the leaked 1995 Trump tax returns ‘scandal’ focused on the billionaire’s yuuge “net operating loss” and how it might have ‘legally’ enabled him to pay no taxes for years, we now discover none other than Hillary Rodham Clinton utilized a $700,000 “loss” to avoid paying some taxes in 2015.
While not on the scale of Trump’s business “operating loss”, Hillary Clinton – like many ‘wealthy’ individuals is taking advantage of a legal scheme to use historical losses to avoid paying current taxes.
As Bloomberg notes, this federal tax break is among the wealthy’s most used avoidance schemes.
Durden also shows that the New York Times used the same “break.”
But it’s not there just for “the wealthy,” as we imagine them. Every day people in the middle class attempt to start a new business. They take on a lot of financial risk to do so. Many end up losing money. If starting a business wasn’t risky, everyone would do it.
It is just and fair that they don’t have to pay taxes on money they have lost. Donald Trump was playing by the same rules as everyone else—in this case, including Clinton and her propaganda rag.
It shouldn’t even be called a tax break. It would be wrong to tax people on income they lost in a business failure. It would also discourage the creation of new business and ventures. Indeed, without that “loophole” the gap between the “one percent” and everyone else would widen because only the very wealthy could afford the risk of startup business ventures.
So Hillary Clinton is a tax avoider just like Trump. But Trump never sponsored terrorists to engage in regime change. That is far more significant, as are her other real crimes.