2016 Postmortem
Related: About this forumFormer accountant refutes Trump’s tax brilliance: I did all the work
By Nolan D. McCaskill
10/04/16 04:41 PM EDT
Donald Trumps former accountant challenged the Republican presidential nominees assertion that he brilliantly used tax laws to avoid paying federal taxes. I did all the tax preparation. He never saw the product until it was presented to him for signature, Jack Mitnick, a former Trump family accountant, told Inside Editions Steven Fabian in an interview broadcast Tuesday.
At a rally in Pueblo, Colorado, on Monday, the real estate mogul responded to the bombshell New York Times report published Saturday evening that disclosed a nearly $1 billion loss in 1995 that could have allowed Trump to avoid paying federal income taxes for up to 18 years.
As a businessman and real estate developer, I have legally used the tax laws to my benefit and to the benefit of my company, my investors and my employees, he said. I mean, honestly, I have brilliantly I have brilliantly used those laws. I have often said on the campaign trail that I have a fiduciary responsibility to pay no more tax than is legally required, like anybody else, or put another way: to pay as little tax as legally possible. But Mitnick claimed it was he who used the tax code in Trumps favor. Right. Im the one who did all the work, he said.
Mitnick confirmed the veracity of the three documents published by The New York Times. He said the software he used at the time couldnt print enough digits to show the nine-figure loss so he used a typewriter.
All the copies were delivered to Mr. Trump, he added. Who got them after that, I cant tell you.
###
http://www.politico.com/story/2016/10/jack-mitnick-donald-trump-taxes-brilliance-229114#ixzz4MCzqMxRH
sarge43
(28,942 posts)He can't even get through debate prep.
Mamajami
(257 posts)We all know he doesn't know enough "brilliantly" use the tax codes. But we also know that millions of tax-paying citizens don't like the fact that people like Trump get away with not paying their fair share of taxes.
world wide wally
(21,751 posts)to cut the gov't short on his taxes.
Very patriotic
Renew Deal
(81,869 posts)lol
dembotoz
(16,820 posts)years ago i screwed up my tax return...stupid mistake....forgot a 1099
went to an accountant for help....he redid my taxes and saved my ass.
he now does the taxes for my small business.
a good accountant is a wonderful thing...he should sing it from the treetops.
Bernardo de La Paz
(49,032 posts)Nitram
(22,845 posts)learn about the tax code - filling out the forms is beyond his grasp.
cannabis_flower
(3,764 posts)Was this his personal tax returns or a business tax return? I keep hearing his surrogates say he had a responsibility to his shareholders to legally take all the deductions he's entitled to, but that's not the case for his personal tax returns. If as I'm reading, it was supplied by Marla Maples it would be his personal tax return.