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Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades

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By DAVID BARSTOW, SUSANNE CRAIG, RUSS BUETTNER and MEGAN TWOHEY

OCT. 1, 2016

Donald J. Trump declared a $916 million loss on his 1995 income tax returns, a tax deduction so substantial it could have allowed him to legally avoid paying any federal income taxes for up to 18 years, records obtained by The New York Times show.

The 1995 tax records, never before disclosed, reveal the extraordinary tax benefits that Mr. Trump, the Republican presidential nominee, derived from the financial wreckage he left behind in the early 1990s through mismanagement of three Atlantic City casinos, his ill-fated foray into the airline business and his ill-timed purchase of the Plaza Hotel in Manhattan.

Tax experts hired by The Times to analyze Mr. Trump’s 1995 records said that tax rules especially advantageous to wealthy filers would have allowed Mr. Trump to use his $916 million loss to cancel out an equivalent amount of taxable income over an 18-year period.

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The NY Times: We Endorse Obama’s Lies

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The NY Times: We Endorse Obama’s Lies

By: DrJohn

https://floppingaces.net/2013/11/04/the-ny-times-we-endorse-obamas-lies/

“Apparatchik” is defined as as unquestioningly loyal subordinate: a subordinate who is unquestioningly loyal to a powerful political leader or organization. You can find a cadre of Obama apparatchiks here. They are known as the Editorial Board of the NY Times. It is claimed that this board operates independently of the regular “news operations” but if no one objects to it, well….

I was going to title this “The Devil Wears Pravda.”

Pravda is the Russian government information outlet, unflinchingly loyal to the leader of the Communist government. The NY Times editorial board has become the US version of Pravda. It has become a pathetic, apologetic, partisan, left wing shadow of itself. It is sodden with democrat bias. It is essentially an arm of the Obama Progressive Movement and the National Democratic Committee.

What it cannot do is tell the truth. The board is an Obama propaganda machine. Yesterday they posted an editorial entitled “Insurance Policies Not Worth Keeping”.

In it, they decide what’s worth keeping and what is not despite a complete absence of facts. But more importantly, they send a very important message- lying is acceptable to get what you want.

“He clearly misspoke.”

“Congressional Republicans have stoked consumer fears and confusion with charges that the health care reform law is causing insurers to cancel existing policies and will force many people to pay substantially higher premiums next year for coverage they don’t want. That, they say, violates President Obama’s pledge that if you like the insurance you have, you can keep it.

“Mr. Obama clearly misspoke when he said that. ”

Misspoke? This is astonishing – it is a lie in itself. Obama didn’t misspeak. He LIED.

It could be argued that Obama misspoke when he claimed that premiums would go down 3000% when he meant to say that premiums would go down an average of $2500 per year (and that was another lie). That’s closer to what one might call misspeaking.

Let’s revisit what Obama said one more time:

“No matter how we reform health care, we will keep this promise. If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you’ll be able to keep your health care plan. Period. No one will take it away. No matter what.”

Obama probably said it hundreds of times and he knew it wasn’t true. He and his aides knew that the truth wouldn’t sell:

More from the NY Times today: “The former official added that in the midst of a hard-fought political debate “if you like your plan, you can probably keep it” isn’t a salable point.

They knew the truth wouldn’t sell. This wasn’t misspeaking. This was wholesale deceit and the point cannot be made too strenuously. The President of the United States and the democrat Congress sold America a lie.

The Times’ apparatchiks then spend the rest of their apologia defending Obama’s big lie:

“But insurers are not allowed to abandon enrollees. They must offer consumers options that do comply with the law, and they are scrambling to retain as many of their customers as possible with new policies that are almost certain to be more comprehensive than their old ones.”

And they spend the rest of the editorial defending the lie.

“Indeed, in all the furor, people forget how terrible many of the soon-to-be-abandoned policies were. Some had deductibles as high as $10,000 or $25,000 and required large co-pays after that, and some didn’t cover hospital care.

“This overblown controversy has also obscured the crux of what health care reform is trying to do, which is to guarantee that everyone can buy insurance without being turned away or charged exorbitant rates for pre-existing conditions and that everyone can receive benefits that really protect them against financial or medical disaster, not illusory benefits that prove inadequate when a crisis strikes.”

“What health care reform is trying to do.”

This is distraction. It is deflection. It is dishonest. What they needed to be was honest, but the Times doesn’t agree.

The NY Post sees Obama going from “Bullsh*t to dishonesty.”

“Obama denounced the individual mandate to purchase health insurance during the primaries to get to Hillary’s left, but his stated reason was that it wouldn’t be fair to force people to buy health insurance if they couldn’t afford it. You could argue he covered himself by including in the law large subsidies — your income can be four times the poverty line ($94,000) and you still qualify for aid.

“He said he would close Guantanamo but that was just campaign blather for suckers — an applause line, not a serious policy proposal. As any student of the matter knew, there wasn’t a better alternative, and nobody really cares about Guantanamo detainees anyway. It was just opportunistic Bush-bashing.

“This week was something new. It was the week Obama was revealed to be a stone-cold liar.”

Obama’s lies are so egregious that even WaPo gave Obama Four Pinocchios.

There are a number of ways one could summarize the NY Times position, but “the end justifies the means” is probably the most accurate.

Obama and the NY Times will decide. They know what’s best for you. You are too stupid to make your own choices.

You don’t even deserve the truth.

No, you can’t keep your plan and you can’t keep your doctor. For one woman, that could be fatal:

“Since March 2007 United Healthcare has paid $1.2 million to help keep me alive, and it has never once questioned any treatment or procedure recommended by my medical team. The company pays a fair price to the doctors and hospitals, on time, and is responsive to the emergency treatment requirements of late-stage cancer. Its caring people in the claims office have been readily available to talk to me and my providers.

“But in January, United Healthcare sent me a letter announcing that they were pulling out of the individual California market. The company suggested I look to Covered California starting in October.”

Should she lose her battle, would it be fair to say Obama killed her?

The Times go to great lengths to defend what is being done here but the truth remains- Obama lied and they are endorsing his lying so that he and the rest of his Progressives can force upon you what they and they alone decide is best.

Just like Stalin.

Just like Hitler.

Just like Mussolini.

Just like Gaddafi.

Just like Mubarak.

Just like Mugabe.

This is how it always begins. They impose their will on people. They knew what was best for you. Once you get past the need for the truth anything is possible.