Trump says tax code is letting hedge funds 'get away with murder'

[Zorro]

Source: Reuters

Republican presidential front-runner Donald Trump blasted hedge fund managers on Sunday as mere "paper pushers" who he said were "getting away with murder" by not paying their fair share of taxes.

In a telephone interview on CBS's "Face the Nation," Trump vowed to reform the tax laws if elected and said the current system was harming middle class Americans who currently faced higher tax rates than traders on Wall Street.

"The hedge fund guys didn't build this country. These are guys that shift paper around and they get lucky," Trump said.

"They are energetic. They are very smart. But a lot of them - they are paper-pushers. They make a fortune. They pay no tax. It's ridiculous, ok?"

Read more: http://news.yahoo.com/trump-says-tax-code-letting-hedge-funds-away-155930927--sector.html

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I support Trump's "Make America Great Again" plan.

The key element of the plan is to wreck the Republican Party.

[ThePhilosopher04]

1. I agree ...

Trump's "Make America Great Again" plan.

The key element of the plan is to wreck the Republican Party.

While I don't care for the guy and would never vote for him, what he's doing to the Republican Party is downright genius, and I think intentional.

[leftofcool]

3. Some have hinted that Trump may be working for the Democratic Party

That is probably a stretch

[Kelvin Mace]

18. Agreed

He's actually doing real damage, whereas our people are pretty damned ineffective at the party level.

[840high]

2. He's right.

[reformist2]

4. Trump is making it very difficult for either party to make blanket statements about him.

I mean, how can you not cheer him on when he makes such statements?

[mazzarro]

30. True that, indeed!

[LiberalArkie]

5. There are a lot of "non-financial" wealthy people who want to get the nation back on an

good middle class system. They see themselves as hurting when the lower and middle class people have no money to spend. Trump probably saw that as why his casinos in NJ did poorly. They were built for the middle class in NY and NJ. The middle class started dying off.

[TheCowsCameHome]

6. This guy is good

..in a strange sort of way......

[fbc]

7. He's right!

Bernie Sanders says the same thing and it resonates with people.

Where is Hillary on this?

[wolfie001]

17. Prob'ly raising money from these assholes! nt

[portlander23]

29. We're all in trouble

We're all in trouble when Trump is to the left of Hillary Clinton on one of the biggest issues.

[valerief]

8. Um, they buy pols like Trump does. nt

[hedgehog]

9. It's statements like this that make Trump so dangerous.

He's also called for a tax on imports to compensate for low overseas wages.

[brush]

13. And to layoff Planned Parenthood . . .

and it's womens' health programs.

He's dangerous when he co-opts progressive issues to pull votes.

[hedgehog]

20. That's what scares me - he's the non-socialist Bernie!

The US has a long history of politicians who mix Progressive stands with demagoguery.

[no_hypocrisy]

10. Bait and Switch

OK, this is what Trump says now-a-days.

And let's say he gets the nomination and is elected and inaugurated.

What makes anyone think he's going to follow through on anything he said in the past, esp. financial and economic interests?

It seems to me Trump will say anything to get elected without a sense of shame and/or irony.

[Snow Leopard]

32. how is this different than

any politician?

Some of the stuff the guy says is good. We may actually get to see if he follows through the way things are going. )

[jalan48]

11. George Jr. also said he was against "nation building" when he ran in 2000. Iraq War for democracy?

[SwankyXomb]

19. He didn't say anything about "nation destroying"

[jalan48]

28. Exactly. What they say now may be the opposite of what they do.

[Moonwalk]

12. Even a broken clock is right twice a day....

[politicaljunkie41910]

22. I was thinking the same thing and I've said as much.

Trump will make a statement and say that he said it 10 years ago and he was right, as if he's a genius. The reality is more like, Trump says a lot of stuff. Eventually, something he says turns out to be correct. But he's probably said 100 other things around the same time, that weren't true or didn't come to fruition. So Trump is the proverbial broken clock; right twice a day and wrong the other 1438 minutes of the day.

[BlueEye]

14. It's actually a shame that Trump's immigration platform is so ugly and nativist.

On trade, and apparently on this aspect of taxation, he's left of Hillary Clinton.

I still would not vote for him, but this is refreshing to hear.

[Fred Sanders]

21. Even Mussolini did not get everything right!....the shame is liberals are never listened to.

A wolf in a bit of sheep's clothing is still a fascist.

[humbled_opinion]

15. Interesting...

Next he will be claiming that Big Oil is also raping the American people by stealing natural resources, polluting the environment, and not paying their fair share calling for an end to all tax subsidies for oil companies.... What he is doing or undoing is the showing the conservative electorate that the wall street and big oil, et.al, typical GOP politician is simply not in it for the American people, personally I love it he is doing more to expose the lies on the right than anyone on the left could possibly hope to..... Will he ever win a General Election? I doubt it, he speaks in complete run on sentences and never finishes a thought. However, this is fun to watch...

[Fortinbras Armstrong]

16. In this case, he's quite right.

[Zorro]

23. It's going to get good and ugly before it's all over

Wait until the Rovians start badgering Trump about business dealings with the Mafia.

[paleotn]

24. Broken clock moment. (nt)

[TexasBushwhacker]

27. My thought exactly! N/t

[aceofblades]

25. A pungent brew of Nativism,isolationism, Populism and social conservatism

Somewhat similar to a Huckabee type or a Buchanan type, although they put a much heavier emphasis on the latter -ism

[jmowreader]

26. The loopholes hedge fund guys use are the same as the ones Trump uses

A very substantial portion of Donald Trump's income comes from investments, mostly in real estate. It is very doubtful Donald Trump is running for president because he thinks his own taxes are too low.

And seriously guys...how many hotels and casinos does Donald Trump think this country needs?

[brentspeak]

31. This is why the GOP fears Trump

They just don't know if a President Trump would turn out to be more of a liberal than a conservative.