Trump says he ‘brilliantly’ used USA tax laws

Nevertheless, that loss – as revealed in a weekend story by the New York Times, which received anonymously the first pages of Trump’s state filings for that year – may have allowed Trump to avoid paying federal income taxes for nearly two decades.

In his first remarks after revelations about his tax history were published by The New York Times on Saturday, the magnate said that he had “brilliantly” used the U.S. tax laws to legally pay as little in federal taxes as possible.

Even if Trump did not pay any federal income taxes over those 18 years, such avoidance would not have been illegal, tax experts told the Times.

Eric Trump’s clarification comes as his rich daddy has received torrents of backlash over a portion of his 1995 tax returns, which were recently disclosed by the Daily News and the New York Times.

Trump has refused to release his tax returns, which every other presidential contender has done since Richard Nixon.

” The 32-year-old businessman, however, seemed to be referring to Trump Corporation paying its taxes and not the ones paid by his father”.

Hillary Clinton will try to capitalize on tumult in the Trump campaign Tuesday as she hunts for votes in the Philadelphia suburbs, while Donald Trump will shore up support in Arizona.

While Kaine accused Trump at length of mistaking “leadership for dictatorship” by praising Putin as a strong leader, he gave a much more abrupt answer when asked what went wrong with the failed US reset of relations with Russian Federation under Obama and Clinton.

He continued this line of speaking ― saying his father pays a large amount in taxes, but then correcting himself to say that his company pays a large amount in taxes. It does not make him smart, it does not make him a genius and it certainly does not make him a super knowledgeable tax planner.

He also criticized the Times for “extrapolating” that Trump could have avoided taxes for almost two decades. My father has paid a tremendous amount of tax. “As a company we pay a tremendous amount of tax”.

Republican presidential candidate Donald Trump prepares to leave after speaking at a campaign rally, Monday, Oct. 3, 2016, in Loveland, Colo.

It highlighted several subject areas that Trump has focused on: For example, it says the average salary of a Veterans Affairs registered nurse is approximately $75,000 or $100,000 with benefits and leave. The Trump team has said the returns obtained by the Times were obtained illegally and that Trump has paid hundreds of millions in other types of taxes.

“As far as I know, and that only goes through late ’96, he didn’t understand the [tax] code”, he added, in a separate interview with NBC News.