Tuesday, November 01, 2016

Trump's Taxes

Kevin Drum as usual has a good post on the issue of how Trump handled his tax returns in the 90's, specifically how he avoided declaring forgiveness of debts as income.  I think I'm wrong in my comment on the post--this Trump issue occurred before the Republicans started hammering the IRS (in Congressional hearings during Clinton's second term).  So if the IRS accepted a dubious interpretation of law in the first term, it may reflect something other than badgering from Congress.

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