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2016 Postmortem
Related: About this forumTrump: Warren Buffett avoids taxes like me. Buffett: Nope, and here's my taxes to prove it.
Donald Trump is a master of the I am rubber and you are glue approach to political rhetoric, but at Sunday nights presidential debate, he tried a novel variant on the strategy. After Anderson Cooper asked him point blank if he used his $916 million reported loss from his 1995 tax return to avoid income taxes in other years, Trump shot back that he did but so did the fourth richest man in the world and Hillary Clinton supporter Warren Buffett, who Clinton had minutes earlier praised for his advocacy of higher taxes on the rich:
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The day after, Buffett came out with a statement saying, in effect, bullshit. He has never used a carry-forward, the technique Trump used to avoid taxes, and he has paid taxes every year since 1944, when he was 13 and paid $7 to fund World War II.
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As a final knife-twist, Buffett notes that he is currently being audited but releasing information from his return anyway, since that is totally allowed, despite Trump's protests to the contrary.
http://www.vox.com/policy-and-politics/2016/10/10/13228628/warren-buffett-donald-trump-taxes
...
The day after, Buffett came out with a statement saying, in effect, bullshit. He has never used a carry-forward, the technique Trump used to avoid taxes, and he has paid taxes every year since 1944, when he was 13 and paid $7 to fund World War II.
...
As a final knife-twist, Buffett notes that he is currently being audited but releasing information from his return anyway, since that is totally allowed, despite Trump's protests to the contrary.
http://www.vox.com/policy-and-politics/2016/10/10/13228628/warren-buffett-donald-trump-taxes
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Trump: Warren Buffett avoids taxes like me. Buffett: Nope, and here's my taxes to prove it. (Original Post)
cyberswede
Oct 2016
OP
KewlKat
(5,624 posts)1. thank you for your leadership Mr Buffett
treestar
(82,383 posts)2. Go Warren!
More Don the Con untruthfulness or stupidity.
kwolf68
(7,365 posts)3. Don't fuck with Warren
LOL...that guy is no joke
Nevernose
(13,081 posts)4. Unlike Trump, Buffet is good at businsss
He's certainly never lost a billion dollars in a single year.