Monday, October 10, 2016
THE NEW YORK TIMES has its panties in a twist because Donald Trump may - or may not - have paid federal income taxes nearly 20 years ago.
Yet the NYT is silent on the fact that not only did it not pay taxes in 2014, it received $3.5M in tax welfare. Nor did it mention that in 2015, Citizens for Tax Justice found 15 Fortune 500 companies that paid no federal taxes.
All perfectly legally. And let me point out that for many years this particular tax loophole was available to average taxpayers - you and me. Back then it was called income averaging, and it was repealed in 1986 under President Reagan's second term with a Republican (53/47) Senate and Democrat (253/182) House.
Obviously the tax code is needlessly complex, rife with loopholes, and badly in need of reform. I submit of the two presidential candidates, Donald Trump is the one most capable of reforming it.
Yet the NYT is silent on the fact that not only did it not pay taxes in 2014, it received $3.5M in tax welfare. Nor did it mention that in 2015, Citizens for Tax Justice found 15 Fortune 500 companies that paid no federal taxes.
All perfectly legally. And let me point out that for many years this particular tax loophole was available to average taxpayers - you and me. Back then it was called income averaging, and it was repealed in 1986 under President Reagan's second term with a Republican (53/47) Senate and Democrat (253/182) House.
Obviously the tax code is needlessly complex, rife with loopholes, and badly in need of reform. I submit of the two presidential candidates, Donald Trump is the one most capable of reforming it.
FOUR STORIES FROM THE WASHINGTON FREE BEACON:
Debate officials refused to seat Bill Clinton's accusers in Trump family seating area.Guess which one of these stories made it to the mainstream media?
Clinton spokesman tweeted "Go fuck yourself" to Trump during townhall debate.
Paul Ryan ‘won’t defend Trump’ any longer.
Former top Bill Clinton aide called Chelsea a ‘spoiled brat’.
TROLLMASTERMISTRESS: Melania Trump says her 'pussy bow' shirt at last night's debate was unintentionable.
RACHEL DOLEZAL lands a new gig “identifying” as a black woman. So, if race and 'gender' are a matter of individual choice, what's the point in 'diversity' initiatives?
YA' NOTICED, HUH? The culture of the smug white liberal. Maybe you should try not voting for them again and again. Wasn't it Albert Einstein who said the definition of insanity is doing the same thing over and over again and expecting different results? Why, yes. Yes, it was.
EXIT ROSETTA: The comet-watching spacecraft plowed into the surface of comet 67P at 6:39 a.m. ET. Friday, September 30th.
Good night and good bye.
Good night and good bye.
BOEING CEO DENNIS MUILENBURG says Australia will play a critical role in the global aerospace giant's future. In a growing economy, this would probably be a good plan for a multinational corporation like Boeing but in the current economy, and during a presidential election, I have to question his judgment.
PRESERVE YOUR SANITY: If you ever see a 'safe space', walk on by. There was a time in our not-too-distant past when safe spaces were called insane asylums.
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