BREAKING : The New York Times Paid ZERO TAXES in 2014
It seems as if everything Hillary touches turns to dust.
In her latest bid to “take down Trump,” she paired up with the failing (liberal) New York Times who released Trump’s 1996 tax returns where Trump used EXISTING TAX LAWS to his BENEFIT and paid no taxes.
Trump did NOTHING wrong.
100% perfectly legal.
It’s a far better scenario than what the Clintons are currently dealing with regarding their fraudulent foundation which failed a recent tax audit and is being accused of tax evasion.
That should have been the REAL story today, not some perfectly LEGAL 20-year-old tax returns.
And if that’s not crazy enough – the failing New York Times, who attempted to HIT Trump with this absurd piece, also did not pay taxes in 2014.
That’s right.
They didn’t pay taxes.
From Breitbart:
… for tax year 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their 2014 annual report is, “The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.” If you don’t think it took fancy accountants and tax lawyers to make that happen, read the statement again.
….and this is why Americans despise and loathe our hypocritical, biased liberal media.
Amy Moreno is a Published Author, Pug Lover & Game of Thrones Nerd. You can follow her on Twitter here and Facebook here.
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Flat tax for everything earned/received, etc etc etc… Everything… Everybody pays. It would put a lot of accountants and lawyers out of business. The rich will still invest since they want to be richer.