Hypocrisy Reigns as NYT Pays No Income Taxes Yet Attacks Trump’s Taxes
Oct 3, 2016 by Bob Adelmann
The New York Times claimed on Sunday that the front page of Trump’s state income tax returns filed in New York, New Jersey, and Connecticut in 1995 prove that the man came close to being a tax cheat:
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.
The mainstream media trumpeted the storyline incessantly without mentioning simple truths buried in the Times’report: The hit piece was based on just three pages of the voluminous tax returns Trump filed in that year; his taxable income in future years is unknown; tax experts consulted by the Times“said nothing in [those pages from 1995] suggested any…
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